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Homes in Merritt BC Canada

A House for Everyone In The Nicola Valley

The history of housing in Merritt in the Nicola Valley

Homes in Merritt BC Canada vary greatly and are impacted by the various stages of its development when non indigenous settlers arrived in the Nicola Valley in the last 1800s.  The primary focus was on ranching.  However, when the turn of the century arrived the discovery of coal brought an increase demand for housing.  As a result the village of Merritt was established in 1911.

In this blog you will see pictures of many styles of homes that have appeared in the Nicola Valle over the past 120 years or so.  None of the homes pictured are for sale but they will give you a good idea of what is available.

Small Homes in Merritt BC Canada

The discovery of coal resulted in the need for housing for the miners and their families.  As was the case in most mining towns this need was met by building small economical homes.  The downtown area of Merritt BC still has many of these homes today.  They are generally around 90 Square meters (800 sq ft). They are mostly 2 bedrooms and one bathroom.  As well, they are usually on a good size city lot.

 

Small Homes in Merritt BC Canada

Small Cottage #2-Tom Reynolds Photo

small cottage #1

Small Cottage #1-Tom Reynolds Photo

 

 

 

 

 

 

 

 

 

Housing styles change in the Nicola Valley

Coal mining had a short period of activity from the turn of the 20th century to the 1950’s.  However the decline started in the 30’s.  While coal mining was fading out, forestry began to become more important.

Unfortunately there was a problem in the early going and the City of Merritt decided to bail out one of the mills and provided a significant loan.  This created a difficulty for the City as the United States put up tariffs on lumber that forced the mill into a bankruptcy that took the City with it.  Therefore, growth was slow during this period with the housing remaining small and simpler in design.

Bigger Homes were on the way

While forestry was becoming more important to the city during the 40’s, the actual boom started in 1958 when the Craigmont Mine opened in 1958 and was followed in 1962 by Highland Copper Mine (current mine name).  This period saw the opening of the “Bench” subdivision which sits above downtown on a hill.  At first the homes in Merritt BC Canada at this time were not fancy but were bigger than downtown.

 

Bench Homes in Merritt BC Canada

Bench Housing-Tom Reynolds Photo

The Coquihalla Highway Arrives

In the mid seventies growth was slow.  However, the announcement in the early eighties of a new highway connecting the lower mainland (Vancouver BC) to the interior generated a lot of excitement in the area beyond any previous period.  Expansion of subdivisions on the “Bench” were complemented with others in the south and east.

Bench Home

Bench Home-Tom Reynolds Photo

South Area homes in merritt bc canada

South Area Home-Tom Reynolds Photo

 

 

 

 

 

 

 

 

 

 

 

 

Homes in Merritt BC continues to grow

Not much happened after 1996 as the area’s growth stalled.  There was some subdivision activity in the early 2000’s but not much building took place.  However, by 2018, house prices in the Vancouver area was making it difficult for young families to afford a home. Also at that time it was a great opportunity for seniors to cash in and get affordable homes in Merritt BC as well.

This pressure from the lower mainland has created a huge demand which has spurred on a major building frenzy.  Unfortunately it also has driven prices up to a point where Merritt has lost most of its price advantage.  For example, the million dollar home was not known in this area, but now there are lots of them, particularly along the riverside.

This is the type of home that is being built now.

New Home

New Home-Tom Reynolds Photo

Riverside Home

Riverside home-Tom Reynolds Photo

 

 

 

 

 

 

 

 

Other Nicola Valley Housing styles

This article has focused on the single family market but there are many other homes in Merritt BC for consideration such as condos, rental apartments, townhouses and mobile homes.  Perhaps another time I will discuss these options.

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Royal LePage Merritt Real Estate Services

Merritt BC Canada Real Estate Office and Realtors

“One of the advantages to owning a business in Merritt is, being a part of the business climate. Helping and being part of developing a rich and vibrant community is exciting.” 

 

Royal Lepage Merritt is located at 3499 Voght Street. It sits in the heart of the beautiful Nicola Valley.  Royal Lepage is a leading, independently owned and operated brokerage since 2012. The business offers Full Service Real Estate Experts. Including expertise on downsizing as well as relocating. Support is offered for retirement transition. They have complete knowledge and expertise in offering tips in buying, selling and moving. Including extensive knowledge on all aspects of mortgages. The tips offered through the company, are 100% for the benefit of the clients. 

Broker

Broker- Owner – Claudette Edenoste

I had the privilege of sitting with Claudette Edenoste, the owner and Broker of Royal Lepage Merritt Realty in Merritt, BC.   Claudette has completed numerous educational upgrades in order to master her trade. She has a total of 18 years in the real estate business, including owning and brokering Royal Lepage Merritt for the past five years.

My visit took up better than an hour of her most valuable time. Not to mention it was her day off. But wow! She was very accommodating and I sure did get a lesson on Claudette’s management style. As well as an inside understanding of the trials and tribulations facing the Real Estate world of today.

Property Management

Our property management services, include helping owners create budgets, advertise rental properties, as well as qualify tenants. We collect rent, comply with local landlord-tenant and real estate board laws as well as maintain properties.

Meet Our Property Management Team

Garage Sale Group

Property Management Team

Why Real Estate? 

Claudette’s motivation for Real Estate is helping people. She says helping people find a home is exciting. At the same time, she experiences personal gratification when she sees, the happiness and excitement of the purchasers with their new home. Her feelings for the client selling their home mirrors her sentiments for the purchaser.

When asked, Why Merritt?

“Merritt has everything needed for a successful business, as well as a first class lifestyle.” (Claudette Edenoste)

It has a location that offers a country and small town lifestyle, including proximity to the larger Cities. In addition, it’s only two and a half hours from Vancouver. Merritt offers unlimited potential in a number of ways and has so much to give back. There’s a lake a day as long as you stay as well as a vast selection of outdoor recreation and adventure.

What Are The Advantages Doing Business In Merritt?

One of the advantages to owning a business in Merritt is, being a part of the business climate. Helping and being part of developing a rich and vibrant community is exciting.” 

Contributing to the community identity, and being involved locally encourages community spirit. Additionally, being able to build a relationship with the majority of our clients is imperative. Community spirit is evident. As a result, the enthusiasm to help showcase Merritt’s attractions, proves we are a part of the heart of the community.

A number of dynamic, notable public events, are beginning to take hold throughout the community. Hopefully, the outside world can’t resist,  but notice the enthusiasm and participation of our citizens for initiating and attending our community events. Maybe it will finalize a new family’s decision to relocate to Merritt.

How Does The Local Social Atmosphere In Merritt Affect Your Real Estate Business?

“It’s a balance each individual community needs to determine.”

According to studies, a homeless shelter in an area can impact property values. However, a bad school in the neighbourhood has a greater negative impact, dropping home prices by more than 10%. At the same time if the housing is supportive, such as offering an array of services to those in need, property values can rise. The biggest social factor in our community, is lack of affordable housing which impacts our community in a number of ways. 

How Does Environmental Issues In Merritt Affect Your Real Estate Business?

“Environmental issues can have a great impact on Real Estate. It can affect everything from its value to its livability.”

There are many environmental concerns. The main concerns for Merritt would include, natural geographic boundaries such as rivers and lakes. They can limit the land for development but at the same time add value to a neighbouring property.

Soil conditions can have an impact on development as well as influence run off issues and flooding hazards, which in some areas would affect the availability of land. Soil should also provide adequate drainage and be able to support the structure without slippage that can cause cracks or allow a whole slope to erode and slide.

What Kind Of An Impact Does Technology Have On Your Real Estate Business?

“There is continuous alteration in technology trends in the Real Estate Industry”.

The advancement in technology impacts the Real Estate market in various ways. With the ease of technology the work of the real estate agent as well as the work of the customer has become quite a bit simpler. The agreements that would normally take up considerable time are now done within seconds.

How Does The Legal and Political Environment Affect Your Real Estate Business?

“Decision making in larger cities and centres impact the market in rural areas.” 

With some major changes to the components that assist in driving the market. The market has slowed considerably.  Higher taxes, foreign buyer taxes, interest rates as well as stricter mortgage qualifications contribute to the slower market. Furthermore in addition to qualifying for a mortgage, a mortgage stress test has been added. It is in order to insure the ability to be able to pay in the event of interest rates increasing. Not to mention the federal budget initiatives announced, will not have a positive effect on the market in 2019.

Another key point, that is important to realize is that, new rules for first time home buyers, does not help buyers in least affordable markets. Given these points, the program does not apply to a home over $500,000. Many of the details of this program are not clear.

In summary, the changes have had an instant negative affect on sales. One that is likely to continue for awhile.

Equally important to note, in 2018 the government banned Dual Agency in British Columbia. Above all the ban on dual agency takes away the power of the purchaser, to be able to deal with whom he likes or knows. In addition, it takes away the ability for the realtor to build an ongoing relationship with a vendor or a purchaser. To put it another way the purchaser does not have a choice in which realtor will represent him/her in their purchase.

Who Are Your Role Models For  Royal LePage ?

Royal LePage Tony Luck

Tony Luck – Sales Representative

Merritt BC Realtor

Denise Desilets – Real Estate Agent

Royal Lepage Merritt Realtor

Fred Singer – Sales Representative

Associate Broker Merritt BC

John Isaac – Associate Broker

Merritt Realtor Sales Representative

Debra Schindler – Sales Representative

Merritt BC Realtor

Aaron Applin – Sales Representative

http://denisedesilets.ca/ – Denise Desilets                                          

http://realestatemerritt.com/  – John Isaac

http://www.debbieschindler.ca/ – Debbie Schindler                       

https://merritthomesforsale.ca/ – Jennifer Kightley

https://fredsingerhomes4u.ca/ – Fred Singer

tjluck@royallepage.ca – Tony Luck e-mail


“I have a team of fifteen employees with the highest of standards.”

My team are my role models. They are all happy and confident with their achievements, but continue to strive for bigger and better objectives. They send a consistent message, show respect and don’t take people for granted.

Tell Us About Your Customers?

“A big community shout out for the support of our last fundraiser. A garage sale with proceeds to the women’s shelter”.

Consequently our customers, notably some of whom are referred to us by a referral system, consist of out of town re-locators. They explicitly comment on our convenient location and emphasize easy access for a new comer to town. They especially compliment us on being a Canadian Company, including locally owned and having a reputation for reputable qualified, friendly employees and service.

All things considered we have a strong local customer base, that comparatively speaking, know us best outside of real estate as a company that cares and gives back to the community. As a result, they support us in many community initiatives such as food bank drives, and various fundraising events for various community groups.

Garage Sale Group

Royal Lepage Garage Sale Group

What Is Your Ownership Management Style?

“Collaboration and input from the team is very important to me. I believe the team are very skilled individually. Their opinions and ideas, are considered before I make a final decision. It is best to involve everyone and having the team take ownership will result in the best decisions to be made.” (Claudette Edenoste)

Your Favorite Thing About Being An Owner?

Being a part of the Royal Lepage family is like belonging to an exclusive club. The company is 100% Canadian owned. At the same time, the real estate industry consistently defines and associates the Royal Lepage brand, with trust, integrity, and success, as well as support and collaboration.

I love being a part of my employees lives. Not only listening to there happy stories, but also possibly being able to help with their various trials and tribulations.

Not only am I a supportive leader but I am open to suggestions and make my decisions based on team collaboration.

What’s The Dream?

The perfect end to the dream for me would be that people understand the relevance and importance of having realtor representation. A system that would ensure that every vulnerable client is represented fairly. Including detailed knowledge of selling or purchasing.

What Advice Would You give To Your Younger Self Just Starting Out?

Enjoy the experience. Get to know your clients one on one and one by one. Don’t be rushed to get to the final point

“Royal Lepage doesn’t just sell homes”

“They offer a home buying Experience.”

 

Claudette Edenoste – http://www.claudetteedenoste.ca/

https://www.facebook.com/MerrittPropertyManagement/

https://www.facebook.com/rlpmerritt/

http://agents.royallepage.ca/merritt

 

Merritt BC Real Estate Office and Realtors