A look at home values in Nelson from BC Assessment

Housing prices have been going up in Nelson over the past few years and continue to climb. Ramaish Shah is a Deputy Assessor with BC Assessment and presented some of the latest real estate market trends to Nelson City Council this week. He says many homes are selling well above asking price.

Shah says there’s about 34 single family homes for sale in Nelson right now. He says that number has been as low as 11 to 15 in the winter months.

Shah says the assessment for single family homes went up 9 per cent or more this year and last and is expected to continue. He says there used to be some price differences between the neighbourhoors in Nelson, however that’s not happening as much now.

Mayor Deb Kozak says City Council will continue to work on ways of increasing the amount of housing in the community. She says that includes the current work on laneway housing and regulations for short term rentals.

Continue Reading

chnv Now playing play

ckkc Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

First Nations leaders setbacks in reconciliation should spur reflection this Canada Day

Canada Day this year comes amid a surge in national pride among Canadians, however, First Nations leaders across the province say Canada Day should also be an opportunity to reflect on the country’s colonial history.

B.C. weighs stripping tenant protections from supportive housing residents

A new working group is exploring the possibility of removing supportive housing from British Columbia’s Residential Tenancy Act in an effort to address safety concerns at the facilities.

Commercial logging isn’t happening in BC parks; says B.C. Minister

When it comes to commercial logging, BC parks are off-limits.

B.C. receives improved rating on interprovincial trade: CFIB

The Canadian Federation of Independent Business has praised British Columbia on making strides toward removing interprovincial trade barriers over the last year, but claims there’s still more work to be done. 

Majority of British Columbians optimistic about Canada’s future: poll

A new poll finds Canadian pride is surging as the country prepares to mark its 158th birthday on Tuesday.
- Advertisement -