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- Now more than ever, people are choosing to manage market risk by diversifying their assets to include fast appreciating recreational real estate. This is one way of actively enjoying an investment.
- Baby boomers are the fastest growing vacation real estate purchasers across North America. As this group grows, more and more great resort getaways will be snapped up by those looking for a vacation home to enjoy now and when they retire.
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- Real estate is booming in Kimberley, with $27 million in development permits issued in 2006, and 132 units started. These numbers are significant, particularly for a city the size of Kimberley. According to statistics gathered from the local brokerage community, there is a great deal of activity in the residential and multi-family condominium market. The average days on market and list to sale price comparisons show that homes are selling very close to their asking price and they're not staying on the market for long.
- The Panoramic and Valleyview Phases at NSMV are completely sold out and the project is continuing to build on its recognized momentum as it moves into the final stages of development. With a group of happy owners, a solid rental base, and a quality product already physically established, final inventory will not last long.
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- The Kimberley Alpine Resort offers excellent downhill skiing, along with a top-notch ski and snowboard school. The Nordic Centre is a terrific facility for cross-country skiing, snowshoeing, ice skating, or just sitting around the fire. There are hundreds of additional miles of cross country ski trails in the area, including trails within the Kimberley Nature Park. There is also ice skating, dog sledding, ice fishing, and snowmobiling.
- During the spring, summer, and fall, Kimberley is "Golf Central" for B.C. Trickle Creek, Bootleg Gap, St. Eugene Mission, and the Kimberley Golf Course are all less than 20 minutes away. Two exciting new Gary Player golf courses being developed in nearby Cranbrook will bring increased opportunity. There are also unlimited miles of hiking trails, horseback riding, superb mountain biking, camping, trophy fly fishing, swimming, and easy access to beaches and hot springs.
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- Kimberley offers tremendous value for the dollar. It is affordable for entry into the vacation real estate market, especially for those looking for that "ground-floor" opportunity.
- Kimberley's location is outstanding. The town is only 2 hours from the Canadian/US border. With the now confirmed Cranbrook Airport Expansion, larger charter flights will make it even more accessible.
- Kimberley is a quaint and friendly mountain town, perfect for providing four seasons of outdoor recreational lifestyle opportunities. Unlike other mountain resorts, amenities extend beyond just those offered at the ski hill. Downtown Kimberley is only minutes from The Kimberley Alpine Resort, where there are grocery stores, banks, a movie theatre, shopping, dining, a public library, and year-round entertainment and activities in the Platzl.
- Kimberley is B.C.'s best climate. Kimberley is Canada's second highest city and enjoys more sunshine than any other city in British Columbia. There are more sunny days, all season, than any other resort in the area.
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- Avg. annual rainfall 317.0 mm/12.48 inches
- Avg. annual snowfall 342.0 mm/134.65 inches
- Avg. January temperature -8.6 C/approx. -14 F
- Avg. summer temperature 26 C/approx. 78.8 F
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- Approximately 7,000 people.
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- Kimberley is famous for its downhill skiing. The Kimberley Alpine Resort has 1800 acres of skiable area, with 20% beginner, 43% intermediate, and 38% expert terrain.
- The atmosphere is serene and designed for the whole family to enjoy. The runs are typically not crowded, and fresh tracks are often available. KAR also offers night skiing and boasts the largest illuminated area in the West.
- The KAR Nordic Centre features 33 km of track set and skating cross-country ski trails, with a 3.5 km light loop for skiing under the stars.
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- In recent years, RCR has invested in improving the village base, as well as upgrading their snow-making
equipment. They have opened a new restaurant/bar in the Polaris Lodge, offer all kinds of events and activities
on the hill, and have improved services throughout the resort.
- Matt Mosteller, Senior Director of Business Development for Resorts of the Canadian Rockies Inc. says,
"Our commitment is to continue positive steps in the creation of a lifestyle mountain destination of choice
for friends and family. There is no better place to relax, ski, ride or golf, and enjoy a wonderful and friendly
community. This mountain village has the ingredients for success combining world class golf with ski-in
and ski-out convenience."
- RCR is partnering with the City of Kimberley to a build a Paralympic Sport Facility Centre for athletes with
disabilities. The multi-sport development and competition centre will primarily focus on nordic and alpine skiing, "helping Kimberley realize its potential to become a major national training centre and prime destination for international paralympic training", according to John Les, Minister of Small Business and Economic Development.
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- The Cranbrook Airport Expansion will have a positive impact on commerce and tourism in the Kimberley area. The airport expansion will accommodate large charter flights, opening up the area to more vacationers from across the country and abroad.
- Since Cranbrook is only 20 minutes away, Kimberley will become one of the closest ski resorts to an international airport worldwide. By attracting more visitors to Kimberley, supply will inevitably diminish, and many believe it will increase the capital value of vacation property in the area.
- RCR is also creating more incentives to attract visitors to local Kimberley businesses through their 'Community First' program. This program offers exclusive discounts to multi-day visitors and season passholders at various popular restaurants, shops and attractions.
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- Northstar offers "resort style living, within a resort". The development offers ski-in/ski-out access to all of the amenities and attractions available through the Kimberley Alpine Resort, as well as its very own Alpine Club. This member's club is a place for family and friends to gather, socialize, host family functions or small retreats, and pursue recreational activities to complement their vacation experience. NSMV is the only development of its kind in the Kimberley area that offers the services and facilities available through the Owner's Alpine Club.
- Based on the feedback gathered from existing and prospective owners, the new townhomes offer private entries, comfortable living space spanning two and three levels, three big bedrooms with three full bathrooms, expanded outdoor living space with decks off the main and upper floors, and attached garages (in Maverick units) for added convenience.
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- Kimberley is a ground floor opportunity. History throughout North America has shown that prices will increase as the resort grows. Buying now will enable you to purchase at the front end of a real estate boom.
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- Ski-in/ski-out access
- Located within the Kimberley Alpine Resort
- On-site Concierge services through Northstar Hospitality Corporation
- Interval International vacation exchange resort
- Minutes from Trickle Creek Golf Course, The Kimberley Golf Course, Bootleg Gap, St. Eugene Mission, and many more only an hour away
- Private Owner's Alpine Club featuring:
- Outdoor pool/hot tub
- Great room/meeting facilities with catering options/family gathering space
- Fitness facilities & spa services
- Express Market
- Outdoor fire pit & BBQ area
- Tot lot
- Green space
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- Northstar continues to attract the majority of its owners from across Alberta, although the west coast market has opened up along with a number of new owners from Saskatchewan and the United States. Some buyers are even emerging from as far as Australia and with the appreciation of the Euro and Pound, many are coming from the UK.
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- NSMV has full home warranty coverage including professional architecture, engineering and building envelope consultation.
- The St. Paul Guarantee Insurance company includes up to 2 years for "Materials and Workmanship", "Building Envelope Warranty" protection for 5 years, and "Structural Defects Coverage" for 10 years.
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- Owning luxury property in Canada purchased with Canadian dollars allows owners to exchange their weeks with over 2,000 other Interval International resorts around the world.
- Owners can experience the mountain living lifestyle with the opportunity to enjoy a variety of vacation
possibilities, whether they choose sandy beaches, extraordinary cities, or the quaintness of countryside at
destinations across the globe.
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- Northstar Vacations is the resort rental management company established exclusively for the
rental management of NSMV on behalf of our owners.
- We ensure that the rental of your vacation home is worry free, by handling all of the details for you. We
coordinate all bookings, and supply you with regular statements and disbursements of rental revenue.
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- Owners have the option to rent their vacation home in order to generate rental revenue. The rental ownership experience varies, based on the choices that you make surrounding when and how often you use or exchange your property.
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- Northstar Vacations partners with some of the world's leading vacation wholesale providers to attract rental groups from across North America, Europe, and the UK. Rental opportunities are also promoted through the town of Kimberley, Kimberley Vacations, Kootenay Rockies Tourism, the Chamber of Commerce in Kimberley and Cranbrook, and through Resorts of the Canadian Rockies.
- Innovative product offerings and promotions through direct mail and print advertising in various newspapers,
travel magazines and accommodation guides.
- Website and electronic media initiatives including an on-line booking system and active accommodation
web listings.
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- NSMV sells fractional ownership with deeded title and full rights of property ownership. You are buying real estate rather than vacation time.
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- As a quarter share owner, there are several options for use. You may use your mountain home every fourth week on a rotational bases for a minimum of twelve weeks per year. You may also share your mountain home with friends, family, colleagues, etc., exchange your weeks to travel worldwide through Interval International, or rent it out through Northstar Hospitality Corporation.
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- NSMV has devoted a great deal of thought and consideration into creating an equitable system to allocate weeks between all four fractional owners. When you purchase a fraction, you become a part of the ownership plan. You can choose between ownership plan A, B, C, or D, according to the corresponding week you prefer. Owners can review their schedule of weeks anytime, by viewing the owner's usage calendar.
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- It is often possible to schedule more than one consecutive week of vacation time. NSMV offers the flexibility for you to coordinate this with the other three owners independently, or we can help make the arrangements for you.
- We have enjoyed positive experiences with owners trading weeks in the past, and expect that trend to continue. 13 weeks is typically more vacation time than most families are able to use, so many have "extra" time they are willing to trade with others.
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- Since fractional ownership means deeded title, you can sell your NSMV quarter share anytime. You can put it up for sale just like any other property, via private sale or through a real estate broker.
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- Contact a NSMV Mountain Home Specialist who will be happy to give you more information and review the Disclosure Statement with you. The Disclosure Statement is a detailed document required by the superintendent of Real Estate in the sale of fractional projects. Whether you review it or decide to have your lawyer review it for you, this comprehensive document will supply you with all of the facts.
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