Can I buy a property in Banff?
YES! Anyone may purchase a property in Banff, but Parks Canada has regulated who may occupy and reside within the property.
Is all the land “lease land” in Banff?
All land in Banff is “leased land”. This is how Parks Canada can enforce the “Need-to-Reside” provision. The typical term of residential leases are 42 years long.
Can I rent out my Banff properties for short term rentals (Airbnb, vrbo, etc)?
The short answer is No (for residential properties). However, you can put your Banff Home on Airbnb (or similar) if you have a BnB licence, hotel, or other qualifying commercial business.
What does “Need-to-reside” mean?
You must meet the ELIGIBLE RESIDENT requirements to occupy the property, however you can rent it out to a person who does qualify.
Please refer to our Banff page, under the locations tab, for more information and the Town of Banff website.
Do prices fluctuate in Banff like other locations?
Banff National Park is a hidden gem and has a very stable economy. Banff prices tend to remain very stable and do not fluctuate like the city or surrounding areas, this makes Banff an excellent investment. Our economy is based off “Supply and Demand”, and because Banff’s boundaries have been set and fixed by federal law the demand remains high and constant
When is the best time to sell a property?
Based on our professional experience, the best time to sell a property is Spring or Fall.
When is the best time to buy a property?
Based on our professional experience, the best time to buy a property can fall under a couple of options: Winter- Prices tend to be a bit softer, however, Spring tends to have the most properties listed on the market, which increases your purchase options.
How can I keep an eye on the market and find properties that suit by needs?
We stay in close touch with their clients, which helps keep potential buyers/sells informed on the market trends. You can also subscribe to our newsletter at the bottom of this page to hear about market trends, off-market listings and much more.
How can I learn about the Bow Valley market?
Subscribe to our mailing list at the bottom of this page and be sure to follow us on all of our socials for real-time market updates. You can find our social media links in the footer of our website.
Can you help me find a property outside of Banff or Canmore?
Of course! We are committed to assisting you in finding a dream home even if it’s outside the Bow Valley. We work with many amazing Realtors all around Alberta, British Columbia , and Saskatchewan, and we would be happy to refer you to another professional Realtor in that area.
Is there commercial property for sale in Banff/Canmore?
Yes! We can help you find the perfect commercial property/land for your business!
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