Why Retire Here

Economics

Campbell River offers an excellent inventory and choice of homes, ranging from very attractive two bedroom strata patio homes nestled into secured landscaped grounds available in the $110,000 range to the $750,000 waterfront homes situated on expansive lots near Painter's Lodge, overlooking the splendid beauty of Discovery Passage.

The prices of homes vary depending on the size, quality and location you choose. Waterfront is the most expensive, followed by properties that offer spectacular views however, there is housing available for every budget and Campbell River currently offers the lowest average house price of the major communities on Vancouver Island. Our current average price is $284,331. To view current real estate offerings go to the real estate links provided in this web site.

In addition to the existing inventory of homes, we also have a good selection of lots, ranging in size from a compact 6000 sq. ft. to the country size lots of a quarter acre or more available for you to build your own retirement home. These lots are all fully serviced, complete with curbs and sidewalks and include underground hydro, gas and high speed Internet connectivity.

As a young community, the majority of Campbell River's housing stock is less than 30 years old and is in very good condition. Due to the very moderate climate most homes have electric heat and there is little need for air conditioning.

Developers continue to introduce new strata developments that offer maintenance free living. These include both ground oriented and apartment style units. We encourage you to contact any of the local real estate firms to learn what projects are currently available or under development.

Regardless of your choice of residence and lifestyle in Campbell River, you are never far from the amenities, services and opportunities available to enhance the quality of your life.

If you enjoy gardening, we recommend choosing a south or west facing back yard for maximum benefit of the sun and, if an ocean view is a must, then you may want to locate on the east side of our streets which offers the best ocean views. The residents in Campbell River take great pride in their yards since we have many months to enjoy the outdoors. Gardening is a major hobby for many. Another factor in the enjoyment of our yards is the lack of "the pesky mosquito"
(see Climate )

Located on the scenic Inland Passage, Campbell River offers the most dramatic views on the west coast. From cruise ships to orcas; there is seldom a time when there is not activity in the adjacent waterway. However, in addition to our ocean views, we also offer equally dramatic views of the nearly 7,000 foot high Mt. Albert Edward, Vancouver Island's second highest mountain located just 35 minutes from Campbell River. We also offer housing options on the Campbell River, a B.C. Heritage river and have properties adjacent to the many salmon streams located within our community.

Campbell River offers the housing choice that meets your requirements at the lowest price of the retirement communities on Vancouver Island and we invite you to make the comparison test!

For more information visit the Vancouver Island Real Estate Board website.