Vancouver, BC – July 13, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 7,884 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in June, a 32.5 per cent decrease from the same month last year. The average MLS® residential price in BC was $716,326, down 1.3 per cent from June 2017. Total sales dollar volume was $5.6 billion, a 33 per cent decline from June 2017.
“The impact of the B20 stress test is still being felt across the province,” said Brendon Ogmundson, BCREA Deputy Chief Economist. “Lower demand as the result of higher mortgage rates and stringent mortgage qualification rules are bringing most markets around the province back into balanced conditions.”
Although the supply of active listings in the province is on the rise, inventory remains low by historical standards and markets like Vancouver Island and the Okanagan remain undersupplied.
Year-to-date, BC residential sales dollar volume was down 18 per cent to $32 billion, compared with the same period in 2017. Residential unit sales decreased 20 per cent to 43,863 units, while the average MLS® residential price was up 2.4 per cent to $730,492.
New Listing: 8415 Yellowhead Highway, Heffley, Kamloops, BC $350,000. Surrounded by hay fields and fruit trees, this cute bungalow has parking for all your toys and space for animals too. Home has two good size bedrooms on the main floor with one and a half bathrooms.
Open concept layout and laundry on the main. Two additional smaller bedrooms in the basement and unfinished large area would make a great rec room. Newer roof (2016), hot water tank (2015) and pressure tank (2014). 1.12 flat acres that is fenced and has an older barn that is used as storage currently. Well is rated 10-15 GPM and a small seasonal creek runs down the side of the property with water rights. Located only 20 min to Kamloops and 30 min to Sun Peaks.
New Listing: 6060 Bison Ranch Road, Barriere, Kamloops, BC $789,900. Gorgeous acreage nestled at the end of Bison Ranch road, a quiet location in Barriere with 1104 feet of river frontage.
This home features a large updated home, a 1 bedroom log guest cabin, a huge 3862 square foot shop/barn with 2432 square foot loft and a number of other out buildings. The main house features 3 bedrooms and 3 bathrooms.
It has been updated with the main living space featuring a great room open floor plan and large patio space overlooking the lovely hillside views. Other features of this property include: 200 amp service to the home, 200 amp to the garage and 100 amp to the cabin, 100 gpm well, water rights to Barriere river, fenced and cross fenced, double carport, 3 septic fields, irrigation, two driveways for access, not ALR land and possibility of subdivision (contact TNRD).
This property has a number of updates and will not disappoint! Very private with a number of opportunities to use the property in different ways. The cabin rents for $1,000 per month. Day before notice for showings.
New Listing: 107 Thrupp Street, North Kamloops, BC $299,900. Cute North Kamloops home with a number of updates throughout. This home features an open floor plan living space with updated kitchen and backsplash, flooring and paint.
There are 2 large bedrooms on the main floor and a partially updated 4 piece bathroom. The basement level is mostly finished with a third bedroom, games room and tons of storage. This home features updates to furnace, hot water tank, main sewer line, electrical and a few windows.
Such a cute property with a fully fenced yard that has a large storage shed and RV parking off of Mackenzie Ave. Located steps to transportation, shopping and amenities. McArthur Island Park is a short walk away along with the River’s Trail. See ShowingTime for showing restrictions due to shiftworker.
We are proud and excited to be a part of this new development in Kamloops, Sienna Ridge. This new adult oriented gated community is located on the South Thompson River at the foot of Sun Rivers and minutes from Downtown Kamloops.
Contact us for more information or to set up a private viewing.
This community features rancher style homes with two bedrooms on the main level including the master bedroom with full ensuite and walk in closet. There is an open great room floor plan with high ceilings and lots of windows for natural light. The view from many of the units is breathtaking! There are many gorgeous upgrades in each home with quartz counter tops throughout the main floor not only in the kitchen but also the bathrooms. The developers are including all 6 appliances with each property. Each home features main floor laundry with a dedicated laundry room, not a laundry closet! Two car garage and a full sized driveway to park those oversized pick up trucks. Click here to view the feature sheet.
Once complete this development will house 108 units. There will be beautiful landscaping throughout Sienna Ridge with walkways that reach the rivers edge. There will also be RV storage for those buyers who need a place to park their boat or RV.
Other great features of this outstanding development include: fully gated, pet friendly with no pet restrictions (city rules apply), yard space that can be fenced, development (strata) fee of $335 per month which includes water, sewer, garbage and recycling pick up, snow clearing and all lawn and garden maintenance.
These homes are affordably priced starting at $454,900. Save the taxes! There is not any GST presently charged on these homes.
There are a lot of upgrade options available for each home. The upgrades include:
FINISHING & FLOORING
Linear fireplace with floor to ceiling tile surround
Stained 4 beam ceiling feature in great room
Built-in blinds for back patio doors
Custom wall color paint change
Basement level finishing to include one full 4 piece bathroom, bedroom, family room and utility room/storage space
Heated floor in ensuite with thermostat control
Laminate flooring throughout main floor
UPGRADED CABINET PACKAGE
Change all bottom cupboards to drawers
Add silent close on all doors and drawers
Central a/c unit
LANDSCAPE & FENCING
Add privacy panels to rear yard
Contact us for upgrade pricing and to arrange for a private viewing.
Come visit us at the on site sales office Saturday and Sunday from 1pm to 4pm at 641 Shuswap Road E. We have all the finishing and colour samples at our show home to choose from. We look forward to helping you pick out that perfect home!