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REAL ESTATE

HOME & LIFESTYLE

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Average Housing Price

The Price is right

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  • REAL ESTATE
  • Average Housing Price

REAL ESTATE

REAL ESTATE
Whether it's heritage, modern, waterfront or farm; Powell River offers a wide range of housing options at a very affordable price. The average selling price of a single family home in the community is approximately $260,000, and it is very hard to find one without at least a partial view of the ocean.
Due to the ongoing process of retirement, there are existing businesses for sale in the community at very reasonable rates. They can be viewed at

Search with ICX.ca
for Commercial Listings
Search with Realtor.ca
for Residential Listings

Westview

The city centre of Powell River, the Westview neighbourhood is where you will find a majority of the City’s commercial and institutional activity.  Westview also boasts gorgeous ocean views from almost everywhere. A seawalk, beaches and a campsite are within minutes of each other, and you would be hard pressed to find a more breathtaking sunset.


Townsite

The Townsite is the original settlement in Powell River. When the pulp and paper mill was being built, the town was being planned. Blueprints were drawn as early as 1909 using what was called Garden City Movement principles. These principles intended to create a comfortable, humane environment in an industrial town.

The first house, the doctor’s residence, went up in 1911. The next was the mill manager’s home. Then, street by street, the houses appeared until construction was completed in 1930. The Powell River Townsite is now designated a National Historic District. The neighbourhood has seen resurgence recently, becoming home to new business developments such as Townsite Brewing. The heritage homes in the area have become very desirable as well due their affordability and lot sizes which allow for the planting of vegetable gardens. 


Wildwood

Wildwood is perched on the high ground on the north side of the Powell River. It was originally settled by pioneers who were granted land parcels and carved their lives inch by inch. To claim their piece of the wilderness, they had to wait 40 days and 40 nights in Vancouver for a chance to own 40 acres of land. Wildwood’s character grew from its history of rural isolation. The community was finally connected to the neighbouring Townsite by bridge in 1916. Wildwood still has an atmosphere of rural charm and has been popular with new residents that are interested in growing their own food. 


Cranberry

 Cranberry is a mostly residential neighbourhood north and east of Westview. Cranberry was the first suburb of the Townsite as it was within walking distance of the mill. The neighbourhood surrounding Cranberry Lake grew out of an early 1900’s economy built on livestock farming, agriculture and local forestry jobs. In 1912, lots were sold to veterans of the First World War. They paid $1 for their piece of land on which to build a new life. In 1917, a local entrepreneur, Bert Parry, saw the potential in the area and built houses and some businesses to support the community. Cranberry is a charming neighbourhood with character homes, and some shopping. Cranberry Lake is fringed with water lilies. It’s not suitable for swimming, but is a lovely place to paddle.

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Making The Move

Many of Powell River’s new residents have become entrepreneurs and started new businesses such as 32 Lakes Coffee and Townsite Brewing, or have bought established businesses and emigrated from other countries. Others are telecommuters working by remote, enjoying the wonderful balance of work and life.

There are also companies that have recognized the value proposition that the City offers and have made or are seriously considering investment in the community.

The range of new developments stretches from sectors such as International Education, Food and Beverage Production to Aviation Maintenance and Repair.

A prime example of new development is Sino Bright Schools (SBS). SBS operates 11 campuses in mainland China and has committed to building a new private school campus and dormitories in Powell River for a first year enrolment of 400 students (Grades 9 to 12).

Besides the $30 million investment in the facility, the school will generate $10.5 million a year in new revenues annually and approximately 100 new jobs in the community. The development has also attracted interest from other foreign investors such as Starium Developments Inc who has purchased land in the Wildwood neighbourhood and is working to develop a Private International University in the City as well. 



Many new residents in Powell River, especially young entrepreneurs, are bringing new businesses to Powell River. Here are some great examples...

• Stephen Brooks invested in establishing the Townsite Brewing Company, which now sells its ale all across the province and has already garnered two industry awards.


Connect To
Townsite Brewing

 


 

• In the Westview neighbourhood, Mike and Sara Salome, once managers of a trendy Vancouver Restaurant opened Costa Del Sol Cuisine in 2012 – a Latin flavoured and wildly popular restaurant, and then followed it up with a second restaurant Coastal Cookery in 2014. 
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• Margot and Nathan Jantz moved to Powell River from North Vancouver and established 32 Lakes Coffee, which sells small batches of fresh roasted coffees online and in local stores.
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Many of the people moving to Powell River are interested in food production. There are many opportunities to establish small farming operations in the region. That’s what Ezra and Gosia Carroll did when they migrated to Powell River. Myrtle Point Heritage Farm has a wide range of agricultural products that are sold locally and abroad.

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To learn more about food production in the Powell River area, check out the latest edition of ‘Home Grown Powell River’. 
 Connect to Powell River Living, Home Grown

 


• Others have brought their job and career with them, choosing to telecommute rather than struggle to survive in an urban centre. Chris Matheson and his partner Uli Herl landed in Powell River 5 years ago and bought a house after a weekend visit. On the Monday morning visiting, Chris asked his employer if he could work remotely from the community. Now he travels once a month for team meetings while working from his home in the historic Townsite neighbourhood. 
View Video Profile


 

 If you are interested in starting your own business in Powell River, contact Community Futures as they have excellent Business Planning services and are a potential lender for getting things going. 
 Connect To Community Futures

 


 

There are many job opportunities in Powell River. From Trades to Manufacturing, and from Health Care to Customer Service, many businesses and organizations are looking for skilled professionals to fill vacancies. To view current job listings visit the regions WorkBC Centre ‘Career Link’ at
Connect To Career Link

 OPEN FOR BUSINESS

 Connect To Community Profile

To learn more about the Powell River economy, please take the time to review the Community Profile. The Profile provides extensive information on the Powell River area. You’ll find neighbourhood descriptions, population, demographic and economic statistics, and information on utilities, taxes, transportation and licensing.


 

The Best in High Speed Access"Fibreoptic" by BigRiz

 

Another significant development in the community is its telecommunications infrastructure. Powell River is far ahead of other communities in North America as Telus Communications has invested $16.7 million on a Fibre Optics build throughout the City and parts of the region. As a result, residents and business now have access to 1 gigabyte per second service. This of course means that if your business or job is technology based, you will have no problems with accessing the speeds you need.

Telus

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