Bamfield has been a hidden oasis on Vancouver Island for centuries, and now is the perfect time to invest in this tiny resort-like town. Resting 2.5 hours west of Port Alberni, Bamfield has been operating at a more relaxing pace compared to the hustle and bustle of the rest of Vancouver Island. Bamfield is somewhere one can go to unplug, unwind and take in the smell of the ocean and west coast aura. Up until now, the only way to reach this beautiful community was by boat or down 76 km of bumpy logging road. In the past, this could have deterred visitors, new businesses and potential new residents interested in investing on the Pacific Rim. The logging road into Bamfield has had ongoing upgrades to it for the past few years, and the project is expected to be mostly complete by the end of September. With the major road enhancement, people are catching on that this could be the perfect place to invest and set some new roots down.
Easier access to the seaside community will bring in more tourism, business and eventually higher housing prices. When the road was first announced in 2020, the average price of a detached home in Bamfield went up roughly 25%, and this is expected to continue to increase. The province of British Columbia and the Huu-ay-aht First Nation collaborated on the 30.7 million dollar upgrade which is expected to have a largely positive impact on Bamfield and the surrounding small communities. The Huu-ay-aht First Nation has also recently implemented fibre optics and a new water system. The province and local residents of Bamfield can both agree that it is essential to keep the rich history behind Bamfield alive and celebrated while continuing to develop. An easier way in and out will not only help the local economy but also give aid and peace of mind to people living in the communities who may need a quicker and less obstructive route to and from Port Alberni for medical and essential reasons. The expected growth in local business and economy will naturally increase Bamfield properties, which is why now is a great time to consider investing in this seaside village.
In 2022, Western Investor named Bamfield to be one of the top 5 places to invest for those looking at western real estate. It’s said to be trending towards the next Tofino of the west coast. Aside from the continuous upgrades in the town, Bamfield has some of the most purified beauty in all of Canada. Bamfield opens up the head of the famous West Coast Trail, which brings in over 7500 hikers annually. Additionally, Bamfiield’s beauty, wildlife, fishing, whale watching, and beaches attract tourists from all over the world. The opportunity to own in such a radiant place, filled with unique history and friendly locals is something to be desired. Untouched areas with exponential potential do not come around often, a new road could be a brand new beginning for Bamfield and those who invest now!
Written By: Stephanie Wakelin