The “Valley” has also proven itself as an attractive area in which to invest.  The choice in real estate has evolved significantly to attract a broad spectrum of buyers.  As we see a rapid growth in the Windermere Valley, homeowners and future investors are becoming increasingly concerned about a healthy lifestyle, and how this growth will impact their way of life and standard of living.  Some developers are taking a serious look at these concerns and proposing new subdivisions with a “greener” approach.

As a prime example the Statesman Group has proposed the new “Pine Ridge Mountain Resort” in Invermere, incorporating alpine architecture, an extensive pathway network, and a conservation technology for the harvesting of rain and run-off water for non-potable usage whenever possible. This development will consume less than half the water of a traditional project.  Improvements in technology with the intent to lessen environmental impact come with a price tag, and conscientious developers are aiming for a delicate balance between price versus product to provide an attractive investment, and quality lifestyle.

The housing market has been strong in 2005 and the forecast for 2006 is still rated as a “strong buy” in comparison to other areas such as Canmore which have been drawing buyers from the same demographic area as the Windermere Valley. Opportunities are available in all price ranges.  Condominiums start at $180,000 and range up to the $600,000 plus. A single family dwelling may vary from $200,000 to as high as $3,000,000 plus. If you are looking for a building lot and have your own building plans, prices range from $35,000 up to $1,000,000 plus.

Over the past two years the commercial sectors in Invermere and Radium have also experienced growth.  Invermere has added a sizable amount of commercial space in its downtown core and has been successful in finding occupants. Several projects are planned for the downtown Radium core, including a new bank branch. Sound policies developed by the Radium Council have made Radium a favourite for investors.

For those interested in investing in the rental market there are also great opportunities. With the Valley’s growth, more and more families are moving here, and newcomers of all trades and professions are enjoying the abundance of work available.

And, of course, they’re also enjoying the laid-back lifestyle, the great weather, the mountain environment, friendly, livable communities, and an abundance of activities for outdoor enthusiasts.  CL


Bernie Raven and Daniel Zurgilgen are known as TEAM RAVEN of RE/MAX Invermere . Together, they have more than 30 years of combined experience. They are also local property investors themselves.  Projects to watch for in the near future are available online through http://www.teamraven.ca