$425,000
Lot D Veale Road
Balfour, British Columbia
British Columbia
Balfour Real Estate
Browse homes for sale in Balfour • Median $610,000
$610,000Median Price
30Avg Days on Market
7Detached2Other
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About Balfour Real Estate
Balfour, located in the picturesque Kootenay region of British Columbia, is a charming community that offers a unique blend of natural beauty and small-town charm. Nestled along the shores of Kootenay Lake, Balfour boasts a rich history, initially thriving as a bustling hub for the mining industry in the late 19th century. Today, it retains much of its historic charm while embracing a more laid-back lifestyle. The stunning views of the Selkirk Mountains and the serene waters of the lake contribute to Balfour's appeal, attracting those seeking a peaceful retreat from urban life.
The character of Balfour is defined by its close-knit community and outdoor-centric lifestyle. Residents enjoy a range of recreational activities, from boating and fishing on Kootenay Lake to hiking and biking on the numerous trails that wind through the surrounding forested areas. The local community is actively engaged in maintaining Balfour's unique character, promoting events that celebrate local culture and heritage, such as the annual Balfour Days, which brings together families and visitors for fun activities and entertainment.
What sets Balfour apart is its commitment to preserving its natural environment while fostering a strong sense of community. The town’s peaceful atmosphere, combined with its stunning landscapes, makes it an ideal location for families looking for a safe place to raise children, retirees seeking a tranquil lifestyle, and individuals who appreciate the beauty of nature. With only four active listings and a median listing price of $819,000, Balfour offers an opportunity for buyers to invest in a community that values quality of life and environmental stewardship.
4 active listings with a median price of $819,000.
Lifestyle & Community
Living in Balfour means embracing a lifestyle that prioritizes outdoor adventure and community connection. With a vibrant local culture, residents often gather for community events, including seasonal markets and festivals that celebrate local artisans and produce. The atmosphere is warm and inviting, characterized by friendly neighbors who take pride in their town. The proximity to Kootenay Lake provides endless opportunities for summer activities, while the surrounding mountains offer skiing and snowboarding in the winter, making Balfour a year-round destination for outdoor enthusiasts.
Local Amenities
- Balfour Golf Course
- Kootenay Lake Ferry Terminal
- Local grocery store
- Community center
- Public library
- Parks and playgrounds
- Waterfront access
- Restaurants and cafes
Points of Interest
- Kootenay Lake
- Kootenay Lake Provincial Park
- Balfour Beach
- Balfour Heritage Centre
- Kootenay Bay
- Kootenay Lake Ferry
- Local hiking trails
- Balfour Golf Course
Market Overview
The real estate market in Balfour is characterized by its limited inventory, with only four active listings currently available. The median listing price of $819,000 reflects both the high demand for properties in this scenic area and the premium placed on waterfront access and outdoor recreational opportunities. Buyers should expect a competitive market, particularly for homes that offer views or proximity to Kootenay Lake, making it essential to act quickly when a desirable property becomes available.
Investment Outlook
Balfour presents promising investment opportunities due to its scenic location and outdoor lifestyle appeal. The demand for vacation rentals has been on the rise, particularly as more individuals seek second homes or rental properties in tranquil settings. Given the limited inventory and increasing interest in Kootenay Lake as a recreational destination, investors can expect to see potential for appreciation in property values and rental income, especially during peak tourist seasons.
Ideal For
Balfour is ideal for families looking for a safe and welcoming community, retirees seeking a tranquil lifestyle, and outdoor enthusiasts who appreciate access to nature. It also attracts investors interested in vacation rentals and second homes, making it a versatile market for various types of buyers.
Living in Balfour
Lifestyle
Living in Balfour means embracing a lifestyle that prioritizes outdoor adventure and community connection. With a vibrant local culture, residents often gather for community events, including seasonal markets and festivals that celebrate local artisans and produce. The atmosphere is warm and inviting, characterized by friendly neighbors who take pride in their town. The proximity to Kootenay Lake provides endless opportunities for summer activities, while the surrounding mountains offer skiing and snowboarding in the winter, making Balfour a year-round destination for outdoor enthusiasts.
Local Amenities
Balfour Golf CourseKootenay Lake Ferry TerminalLocal grocery storeCommunity centerPublic libraryParks and playgroundsWaterfront accessRestaurants and cafes
Market Insights
The real estate market in Balfour is characterized by its limited inventory, with only four active listings currently available. The median listing price of $819,000 reflects both the high demand for properties in this scenic area and the premium placed on waterfront access and outdoor recreational opportunities. Buyers should expect a competitive market, particularly for homes that offer views or proximity to Kootenay Lake, making it essential to act quickly when a desirable property becomes available.
Investment Potential
Balfour presents promising investment opportunities due to its scenic location and outdoor lifestyle appeal. The demand for vacation rentals has been on the rise, particularly as more individuals seek second homes or rental properties in tranquil settings. Given the limited inventory and increasing interest in Kootenay Lake as a recreational destination, investors can expect to see potential for appreciation in property values and rental income, especially during peak tourist seasons.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
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$200K – $400K
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$400K – $600K
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$600K – $800K
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$800K – $1.0M
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$1.0M – $1.5M
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Frequently Asked Questions About Balfour
There are currently 14 active residential listings in Balfour. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.