4580 Iron Mountain Rd, Merritt, BC
5 Beds3 Baths5,233 SqFt
Listed by Darcy McLeod of eXp Realty
DISCOVER OUR FAVOURITE MERRITT LISTINGS
2 Beds2 Baths1,792 SqFt1/45 45Active$550,000
5 Beds3 Baths2,496 SqFt1/27 27Active$639,000
3 Beds4 Baths2,094 SqFt1/27 27Active$479,000
2 Beds2 Baths924 SqFt1/18 18Active$165,000
4 Beds2 Baths1,880 SqFt1/38 38Active$584,999
2 Beds3 Baths2,029 SqFt1/27 27Active$669,000
BC
Merritt
$671,321
Average Sales Price
$502,450
Median Sales Price
142
Total Listings
-
Population
The nest Advantage
At nest Real Estate Group, we provide you with a range of services that are part of what we call the nest Advantage, our commitment to ensuring that your experience is not only successful but catered to your personal needs.
THE NEST ADVANTAGE
Your Dream Home
Discover the perfect property
with nest Real Estate Group as your Guide and Partner throughout the whole process. We want to know about you and what your needs are . . . it is all about you with nest Real Estate Group!
DREAM HOME FINDER
Affordable Real Estate Market
The real estate market in Merritt is diverse and accessible, with options ranging from luxury acreages and waterfront properties to scenic neighbourhoods. The average price of a single-family home in Merritt is approximately $577,000 (2023) , making it an attractive and affordable option for first-time buyers and those looking to escape the hustle and bustle of larger urban centres.
Rental vacancy rates remain low and 30% of the population rents. Short term rentals are permitted in the city and a consistent demand for stays by industry workers and tourists coupled with the low cost of investment properties can net strong rental yields for investors.
Bustling Demographics
Demographically, Merritt is home to a mix of young families, professionals, and retirees. With a service area that exceeds 8000 people, a full-service university (NVIT) and a young population (30% are under 25) the community is poised for continual growth. Young and old the city is welcoming and supportive, with residents often coming together for local events and activities. This sense of belonging and community spirit is one of the city's most appealing characteristics.
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