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Merritt Nicola Valley -- Increasing Real Estate Values in Merritt, British Columbia

INCREASED REAL ESTATE DEMAND
It appears that the slow growth and limited real estate activity for the Merritt area is rapidly coming to an end. During the past months several huge projects have been approved and announced. These are projects that will have an almost immediate impact on Nicola Valley employment and housing. The projects beginning this Fall or early 2012 include: Teck Resources reconstruction of the Highland Valley mine building -- $475Million employing 500 workers over 2 yrs (Teck also recently negotiated a 5 year contract with its existing employees at the mine); BC Hydro arrangements leading to the construction of another main transmission line to the Lower Mainland; BC Hydro energy award to Western BioEnergy to build a $140Million electric-generation plant on part of the Tolko property -- estimated 80 construction employees over the next 2 yrs and then 16-20 operators plus woodwaste haulers; and the other development this year is Huldra Silver. That company is already hauling ore to the old Craigmont Mine on the west side of Merritt -- the new grinding and floatation mill began shipment from China Oct. 3rd,2011-- site work commenced during November. These are all very real projects that create some jobs by the end of 2011 followed by a huge ramp-up expected during 2012. This all translates into increased housing demand for Merritt and Nicola Valley -- new building and finishing of units is already underway.

Our for sale by owner asking price is $674,900

( If you're needing a place to take advantage of the huge Teck upgrade at Highland Valley Copper mine, this home is approx 70 km to the mine site and only a 45 -50 minute easy commute. )


Enjoy this country home house for sale in southern BC Nicola Valley (south-side of Merritt at 3085 Panorama Drive off Fox Farm Rd --see 5th photo location map).

Convenient, comfortable, country living at its best. The 7th photo illustrates the beauty of Fall. This describes the Nicola Valley area close to urban services and only a hour to the Okanagan. If you desire quality clean air living in a rural setting, this is an ideal family property overlooking Merritt and surrounding valleys.

This house and acreage offers low cost living -- less property tax than the city (gross before grants was $2591 for 2011), no water/sewer tax, energy efficient home with heat that can be supplemented with wood, a great suburban/rural place to raise a family while saving on vehicle fuel since it is less than 5 km to the City centre. Less than 1 hr to Kamloops and just over an hour to West Kelowna.

This wonderful log & wood-frame home sits on 5 acres. The replacement value of the home plus land is valued at much more than the asking price. If you are thinking about building a similarly designed home, why not investigate the idea of purchasing for much less than your cost to build?

It's location benefits include easy access to City services including Fire Protection, cable & cell coverage but with the privacy and space of country living. Into water sports? Nicola Lake and Monck Park are only 15 to 20 minutes NE of here.

Exceptional value in this home; consider the custom features, quality, type of construction and the new price. It's as if you are getting the land and shop for free.

Recent upgrades to kitchen, and all bathrooms plus on-going professional maintenance over the past 7 years.

Why are we selling? It's simply a desire to downsize since our family lives elsewhere. See our personal web site, merrittviewhome.com for more details and links to lots of photos. This is a for sale by owner but we can also work with your realtor.

$674,900
Type: Houses for sale
Province: British Columbia 
City: Merritt 
Category: Houses for sale
Houses for sale in British Columbia
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