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Hornby Island's Realty Magazine

Denman Island Realty Trends

With so much environmental and social diversity on Denman Island, it is no wonder that identifying trends in the local real estate market can be difficult—buyers are from all walks of life and each type of available property (family homes, lots, investments) is in demand. Several trends have impacted our real estate market on Denman Island, including the instability of the stock markets, a shift in the types of people who are relocating here, and increased demand for Gulf Island property.

Now more than ever, people are putting their money into waterfront, recreational and revenue properties, where the promise of financial returns through long term, stable investment is highly regarded.

With its limited employment opportunities, Denman Island is perfectly suited for retired folk looking for a quiet place to settle down, self-employed people who relish in being able to conduct business outside an urban centre, those wanting summer and winter holiday cottages and telecommuters who work from their home offices, connected to their colleagues via email and the Internet. However, with the beautiful Comox Valley just 20 minutes up the road, many Denman Islanders also make the short commute to town and work in Courtenay or Comox.

Due to the incredible value of B.C. land, as well as the lower performance of the stock markets, we are seeing more demand for Denman Island real estate this year.