Nanaimo BC Real Estate & Homes 

Home in Nanaimo, BCNanaimo, a stunning city on Vancouver Island in British Columbia, affords residents with ample amenities, a rich history, and cultural diversity. Often called "The Harbour City" or "Hub City" because of its location, it is far more than a port. With its coastal mainland mountains and trendy tourism-centric area, Nanaimo attracts a wide range of real estate buyers. Whether you hope to raise a family here or purchase a second home, key opportunities exist.

Nanaimo Real Estate Opportunities

Real estate opportunities in Nanaimo range widely. The city's numerous neighbourhoods afford home buyers ample opportunities for purchasing single-family homes, spacious estates, or townhouse style properties. While the area remains widely appreciated by both locals and vacationers, the property remains quite affordable overall.

In 2015, the Nanaimo real estate market has improved. As of October, there were 380 homes for sale in the region and home sales values rose by one percent over the previous year. Demand for the area is on the rise due to improving economic conditions.  Single family homes are the most common type of real estate here, but numerous other options exist.

What to Expect from Living in Nanaimo

The first Europeans to settle in the area were Spanish when Juan Carrasco landed in the area in 1791. The area was a long-time trading post through the 19th century. One of the most notable of businesses in the area was the Hudson's Bay Company, a coal mining company started by the native Sneuneymuxw chief in 1849. Mining became the heart of the labour force for much of the region. In the 1940s, lumber became one of the largest exports of the area.

Today, you'll find Nanaimo to be a welcoming, beautiful, modern place to live. It's often thought of as a gateway to other areas in the northern portion of the island. With its vibrant lifestyle, beautiful landscape, and prime location, buying real estate in Nanaimo allows individuals to live in a growing community with exceptional amenities. Buying and selling a home in Nanaimo can be a successful experience when you turn to our agency for help throughout the process.

 

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Listing content Copyright 2017 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.