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2004

Real estate in slow recovery

Carla Wilson, The Victoria Times-Colonist, April 16, 2004

Despite careful tracking of residential house sales and values in B.C., it’s too early to know where the market is heading, says a real estate analyst.

It will take another three to four months to predict where the bottom of the market is, Rudy Nielsen, president of Vancouver-based Landcor Data Corporation, said yesterday. He added from there, any recovery will be slow.

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Fufill your fantasy of owning the town

David Parkinson, Globe & Mail,- Sept 25, 2004

Ever wanted to swagger up to that idealistic young drifter, blow a cloud of cigar smoke in his face and drawl, “Son, I own this town”?

Well, put your millions where your mouth is. Several towns in North America have gone up for sale in the past few years — roads, buildings, businesses, homes, utilities, everything.

Most of these are ghost towns,

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Property Boasts 90 Homes, A Mall and A Hospital

John Greenwood and Garry Marr, The National Post, Sept 14, 2004

The town of Kitsault in Northern British Columbia boasts 90 homes, several apartment buildings, a shopping mall and even a hospital. And it can be yours for $7 million.

“I’ve never sold anything like this before,” says Rudy Nielsen, owner of NIHO Land & Cattle Co., which is marketing the property. “All the streets are paved, there’s lighting,

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Miner looks to sell B.C. Ghost Town

Paul Waldie, Globe and Mail, Sept 14, 2004

Rudy Nielsen has dealt with some unique properties in his 40 years of selling ranches and vacation homes around British Columbia, but he has never tackled anything quite like this before.

Mr. Nielsen is marketing an entire town, Kitsault, B.C. to be exact, and the asking price is $7 million. For that price, the buyer gets not only 92 houses perched on a mountain’s edge in a tranquil ocean inlet,

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Ghost town worth millions – in cash and memories

Heather Ramsay, Northword Magazine, Winter 2004-2005

“It was utopia,” says John Wheatley, who along with his wife of 48 years, Patricia, was the longest resident of Kitsault, a remote mining town 140 kilometres north by air from Prince Rupert now on the market for $7 million.
The couple retired to Houston last year, but for the previous 15 they lived in an eerily well-maintained but empty town, at the end of idyllic Alice Arm.

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Canadian ghost town up for grabs

John Gray, South China Morning Post, September 29, 2004

Despite rising prices, C$7 million (HK$42.81 million) seems high, even for a spot on the Pacific Ocean coast ringed by snow-capped mountains.

But think what you get for your money. On sale is Kitsault town, 800km north of Vancouver. It covers 130 hectares, on which stand 90 houses, seven apartment buildings containing more than 200 units, a shopping centre and two recreation centres.

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Empresa estadounidense vende ciudad fantasma de B.C.

El Contacto Directo – September 17, 2004

KITSAULT, B.C.  La ciudad abandonada de Kitsault está a la venta a un precio inicial de $7 millones. Por ese precio, el comprador consigue no sólo 92 casas construidas sobre el borde de una montaña, una entrada tranquila del océano, un bosque denso de hoja perenne y rodeado por vistas de montaña costeras, sino también: siete edificios de apartamentos con 210 suites; un hospital totalmente equipado,

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US Company puts abandoned town of Kitsault up for sale

Medicine Hat News, CP, September 15, 2004

TORONTO (CP) — Rudy Nielsen has dealt with some unique properties in his 40 years of selling ranches and vacation homes around British Columbia, but he has never tackled anything quite like this before.

Nielsen is selling an entire town, Kitsault, B.C., to be exact, and the asking price is $7 million. For that price, the buyer gets 92 houses perched on a mountain’s edge in a tranquil ocean inlet,

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Abandonded B.C. Town Of Kitsault on Sale for $7 Million

Fort McMurray Today, CP, July 31, 2004

Rudy Nielsen has dealt with some unique properties in his 40 years of selling ranches and vacation homes around British Columbia, but he has never tackled anything quite like this before.

Nielsen is selling an entire town, Kitsault, B.C., to be exact, and the asking price is $7 million. For that price, the buyer gets 92 houses perched on a mountain’s edge in a tranquil ocean inlet,

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Flames Devour Dry Forest

Gordon Hoekstra, Prince George Citizen, June 24, 2004

A handful of ranch workers south of Vanderhoof continued a fire watch on Wednesday, hoping the wind didn’t pick up and push the Kenney Dam fire — the largest in B.C. — in their direction.

The River Ranch foreman, Chris White, and two other ranch workers are manning sprinklers that are soaking the ranch buildings and a half-completed hotel on site,

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