Sparwood, our neighbour to the north, boasts the world's largest truck, a fantastic aquatic center with salt water pool, some of the best pavement in the valley and exceptional deals on real estate.
Here are some stats regarding prices of homes in Sparwood versus Fernie
4 bed/ 2 bath Detached home in Sparwood - $295,500 (2430 sq ft.)
4 bed/ 2 bath Detached home in Fernie - $379,900 (2000 sq ft.)
Condos
3 bed/ 2 bath townhome Sparwood - $155,000 (1430 sq ft.)
3 bed/ 2 bath townhome Fernie - $260,000 (1080 sq ft.)
Modular Homes
3 bed/ 1 bath modular Sparwood - $39,900 ( 924 sq ft)
3 bed/ 1 bath modular Fernie - $79,995 ( 1075 sq. ft)
Thats an average of 32% more for property in Fernie compared to Sparwood (1% for every km).
I am often involved in conversations regarding the difference in house prices between Fernie and any number of Canadian cities. The old cliche rings true.. Location.. Location.. Location. Real estate is a unique investment, each property is different from the next, and location of that property is key. Its a good idea to always buy a house in a location that people want to live.
Take a short drive up the valley to Sparwood and have a look around.
Check out the developments at Whiskey Jack Golf Course, slightly ahead of Blackstone course in Fernie.
Thanks
Ryan
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