Mortgages in Fruitvale
Fruitvale's home for me. The Beaver Valley villages of Fruitvale and Montrose are quiet, family places a short drive from Trail.
Regional District of Kootenay Boundary
Home prices
What homes are valued at
Village of Fruitvale
- Recent sale prices (single-family)
- Not published for Fruitvale and Montrose
- The Association of Interior REALTORS publishes Kootenay-wide figures, not town-by-town ones. See their market statistics for the region. Checked Sep 30, 2026.
- Typical assessed value (single-family)
- $470,000
- BC Assessment's typical value for a single-family home. An assessed value, not a sale price. Period: valuation date July 1, 2025 (2026 assessment roll). Source: BC Assessment, 2026 assessments for the Southern Interior. Accessed Sep 30, 2026.
Village of Montrose
- Recent sale prices (single-family)
- Not published for Fruitvale and Montrose
- The Association of Interior REALTORS publishes Kootenay-wide figures, not town-by-town ones. See their market statistics for the region. Checked Sep 30, 2026.
- Typical assessed value (single-family)
- $453,000
- BC Assessment's typical value for a single-family home. An assessed value, not a sale price. Period: valuation date July 1, 2025 (2026 assessment roll). Source: BC Assessment, 2026 assessments for the Southern Interior. Accessed Sep 30, 2026.
Figures last reviewed Sep 30, 2026.
By the numbers
2021 Census snapshot
Fruitvale (village) by the numbers
- Population, 2021
- 1,958
- Up 2% since 2016 (1,920) Released Feb 9, 2022.
- Households that own
- 81%
- 690 of 855 households Released Sep 21, 2022.
- Single-detached homes
- 73%
- 625 of 860 occupied homes Released Apr 27, 2022.
- Median owner costs
- $920/mo
- Mortgage, tax, utilities and fees, 2021. Includes owners with no mortgage. Released Sep 21, 2022.
- Median rent costs
- $820/mo
- Rent plus utilities, 2021. Released Sep 21, 2022.
- Median household income
- $83,000
- Before tax, for 2020. Released Jul 13, 2022.
- Median age
- 50
- 2021. Released Apr 27, 2022.
Source: Statistics Canada, 2021 Census Profile, Fruitvale. Accessed Sep 29, 2026. Census values are self-reported and from 2021, so they're a picture of the town, not current prices. Home prices are in the block above.
Montrose (village) by the numbers
- Population, 2021
- 1,013
- Up 1.7% since 2016 (996) Released Feb 9, 2022.
- Households that own
- 94%
- 405 of 430 households Released Sep 21, 2022.
- Single-detached homes
- 98%
- 420 of 430 occupied homes Released Apr 27, 2022.
- Median owner costs
- $690/mo
- Mortgage, tax, utilities and fees, 2021. Includes owners with no mortgage. Released Sep 21, 2022.
- Median rent costs
- Not published
- Rent plus utilities, 2021. Released Sep 21, 2022.
- Median household income
- $94,000
- Before tax, for 2020. Released Jul 13, 2022.
- Median age
- 44.8
- 2021. Released Apr 27, 2022.
Source: Statistics Canada, 2021 Census Profile, Montrose. Accessed Sep 29, 2026. Census values are self-reported and from 2021, so they're a picture of the town, not current prices. Home prices are in the block above.
Living here
What's it like?
Most homes in both villages are single-detached, and most households own rather than rent.
Bigger lots and acreages are common in the valley, which changes how lenders look at a property.
What I'd watch for
Buying in Fruitvale and Montrose: the details
Acreages
BC's property transfer tax exemptions only fully apply to the first 0.5 hectares. On bigger lots the exemption is prorated, so the tax bill can surprise people.
Wells and septic
If the home isn't on municipal water and sewer, plan for water testing and a septic inspection. Lenders and insurers can ask about both.
Commuting to Trail
If your income comes from Trail, nothing changes on the mortgage side. What matters is the job and the history behind it.
Questions
Asked about Fruitvale and Montrose
Do you only work with people in the Beaver Valley?
No. I live here, but I help people across the West Kootenays and anywhere in BC.
Can I get a mortgage on a manufactured home?
Often, yes, when it's on land you own and sits on a permanent foundation. Homes in a park on rented land are harder to finance, and fewer lenders do them.
I'm a first-time buyer. Where do I start?
With the numbers, not the listings. The affordability calculator gives you a ballpark, and the property transfer tax calculator shows whether the first-time buyer exemption could apply to you.
Buying in Fruitvale and Montrose? Let's talk.
Fifteen minutes on the phone usually clears it up. No pressure.