skilled trades opportunities
Kimberley
offers
tremendous opportunity to skilled individuals in the building
trades, either as business owners, independent contractors, or skilled
employees. New housing development continues at a rapid pace in
Kimberley and throughout the East Kootenay region. Most of the growth
is fueled by the purchase of recreational properties by non-locals from
the neighbouring province of Alberta, from the United States, and
increasingly from overseas markets like the United Kingdom . The market
is therefore less sensitive to factors like interest rate and
construction cost increases than the domestic housing market. The
remaining housing growth potential in Kimberley is massive – only about
40% of the “approved in principle” residential and tourist
accommodation units have been developed, leaving a potential 4,000
housing units still to be constructed in Kimberley alone. Other resort
destinations like Invermere and Fernie and rural areas surrounding
Kimberley area also continue to grow through the influx of recreational
home purchases from around the world. Come grow with us!
Consider the following:
- Kimberley is an excellent choice as a home base due to its
affordable housing, outstanding recreational amenities and small-town
character. Average sale prices for single family homes in Kimberley
were $249,000 in 2009, substantially less than other East Kootenay
communities.
- The population of Kimberley and the surrounding rural area is
projected by BC Stats to grow by nearly 900 people in the next 10
years, requiring the construction of about 400 new homes for
permanent residents (in addition to the continued growth in the
recreational housing market).
- The value of new construction has been increasing throughout the
East Kootenays . Even though the number of housing starts varies
somewhat from year to year, the average construction value per unit
continues to increase (from $185,000 per unit in Kimberley in 2004 to
$412,000 per unit in 2009). This partly reflects the increased cost of
construction materials, but also shows how buyers of recreational
properties as well as new permanent residents are investing in
high-quality homes.
- Kimberley ’s central location in the East Kootenays is ideal for
serving construction projects as well as forestry and mining operations
throughout the region.
Regional Growth
The economy of the entire East Kootenay region and British Columbia
overall is very strong. East Kootenay growth is driven by regional
tourism, aided by the expansion of the Canadian Rockies International
Airport, the resurgence of coal mining in the nearby Elk Valley, and a
vigorous forest industry. The Kimberley economy is keeping pace with
increased growth and diversification.
Kimberley is an excellent location for servicing
businesses in the Kootenays by virtue of its central location and
proximity to Cranbrook, the largest community in the region. For
servicing more distant clients, convenient air connections are
available through Canadian Rockies International Airport to
Vancouver and Calgary and their international airports, or by driving
to Spokane for direct air access to the American market.
Kimberley ’s telecommunications infrastructure supports
“e-businesses” and professionals operating from a Kimberley location.
Professional and business service firms are typically small and
owner-operated.
Once again, the lifestyle and amenities available to
town residents at an affordable price make Kimberley a very attractive
place to live. The recreational opportunities,
affordable
housing and small town atmosphere combine to create a very
enticing package for both families and those at or nearing retirement
age. Kimberley is also located near a major regional hospital in
Cranbrook and has developed its own comprehensive health
centre, bringing together doctors, a pharmacy and various related
therapists and health practitioners in one centrally located facility.