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Cost of Owning Real Estate in Invermere

February 27, 2012 | Comments: 0 | Views: 126

If you have decided that your desire is to own real estate in Invermere, you will benefit from taking a close look at all factors before you begin your life in the majestic mountains of south eastern British Columbia. Depending upon the altitude, the region can receive up to 500 centimetres of snow in a winter season; an amount that varies within the area. However, when you consider the number of outdoor activities that are snow-related and which you may enjoy, including downhill or cross country skiing and snowboarding, you will recognize the opportunities for the outdoor enthusiast.

Even for someone who does not engage in winter sports, the area where real estate in Invermere is located, nestled between two picturesque mountain ranges, the Purcells and the Rockies, provides plenty of activities to occupy your time. Known for its unique little towns and villages which have a plethora of cultural, shopping and dining opportunities, the area offers many opportunities for enjoyment inside where it is warm and cozy as well. In the summer, hiking, camping, and walking the numerous nature trails are waiting for you. Numerous resort hotel and condominium complexes have full spa facilities as well as indoor and outdoor swimming pools. Nearby hot springs offer additional recreational opportunities to enjoy yourself. Curled up on your deck with a good book, surrounded by breathtaking scenery; what joy!

It is a good idea to investigate a website that will help you calculate what you can afford. Real estate in Invermere varies hugely in price, from a fractional ownership of a condo unit at less than $100,000 to estate homes costing $500,000 to a million dollars. You need to consider carefully what payments you can afford. Do you have a home in another location that you can sell and put the profit into your new mountain home? Be sure to investigate what several different lending institutions can offer you in the way of mortgage rates and amortization choices. Ask about taxes on the unit and what the utilities cost per month. If it is a condominium, ask about the condo fees. Figure in regular maintenance and repairs and do not forget about insurance. You cannot afford to be without it! And remember in British Columbia, there is a harmonized provincial and federal sales tax of 12 percent on just about everything.

Your real estate agent or the sales office at the condo resort complex can help you compute your monthly expenses. You need to be aware of the cost of gasoline and groceries and any services that you may need. These professionals are permanent residents in the community and they know it well, so do ask lots of questions before signing any agreements for real estate in Invermere.

There are many employment opportunities in the area, making the purchase of real estate in Invermere even more possible. Service staff is needed in the many resorts, hotels, restaurants, stores and recreation centres. Professionals such as nurses, sales associates, teachers, reservations specialists, real estate personnel, are needed as well as others that are commonly found in any settlement of 4000 year-round residents which swells to 40,000 in the summer months. There is always the possibility of working from home for a global employer whose only requirements are that you have Skype and an Internet connection enabling you to carry work with your computer.

Whatever your needs or personal situation, if you desire to purchase real estate in Invermere, you can start today to attain that goal. You will be glad you did.

Source: EzineArticles
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Fractional Ownership Condos


Invermere Condo Resort


Luxury Resort Condos


Luxury Resort

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