Kamloops Mortgage Info: Is It The Right Time For You To Buy A Home?

Sheila Minten TD Canada Trust Mobile Mortgage Specialist Kamloops BCThe question on many people’s minds right now is, “Is this the right time to buy a home in Kamloops”.  This is a question that is very individual to each person.  There is no way to predict the Kamloops housing market and thus makes this a very difficult question to answer.  It is like trying to predict the stock market so you buy low and sell high.  History shows that the average person is not very good at this.

There is something out there that can help you with your decision making process and that is interest rate.

When using interest rates to guide us, we know that they are at an all time low right now, resulting in significant savings.  For purchasers waiting to see if prices are going to drop more before they buy, think about this: a 1% increase in the interest rate will cost you approximately an extra $10,500 over 5 years (based on a $300,000 at the current 5 year rate and a 35 year mortgage).  The question becomes do you want to risk paying $10,000 in hopes that the housing prices decrease enough to make that back in your purchase price?

With housing prices stabilizing and the rates hitting rock bottom, this makes for a very affordable borrowing and for some buyers a great time to buy.

Sheila Minten, Mobile Mortgage Specialist, TD Canada Trust
P. 250-852-0420 E. moc.dtnull@netnim.aliehs 

Featured Property: 152-2400 Oakdale Way, Westsyde, Kamloops, B.C. $64,900

152-2400 Oakdale mobile home kamloopsBright & tidy home in the popular Oakdale mobile home park. There are three bedrooms with a large rec room and a four piece bathroom with a jacuzzi tub. Recent updates include fresh paint, some flooring, roof, windows, interior & exterior doors, HW tank, new fridge & stove and  furnace motor. There is a large covered deck & private yard. Lots of parking & large storage shed for all your toys or added storage. Spacious kitchen with large pantry. Pets allowed with restrictions & no rentals. Located in the family section of the park. Lots of parking & room for an RV.

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

Featured Property: The Views at Saddleback: 7-900 Stagecoach Drive, Batchelor Heights, Kamloops, B.C. $319,900

Kamloops Batchelor Heights Homes 7-900 StagecoachThis is a bright and spacious detached home in The Views at Saddleback. There are two bedrooms, but could easily be a three bedroom home. There are two full baths and the master bedroom has a cheater ensuite. This home is outfitted with stylish tile and hardwood floors, vaulted living room ceiling with mountain views. Large concrete patio off of kitchen. Heat pump. All appliances included. Single car garage. Partially finished basement could have a rec room & bedroom. Open floor plan. Nearly new & no HST. Low bareland strata of $50/month. Pets allowed & rentals with restrictions. Don’t miss out on this great home!

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

Open House Weekend: Saturday, September 25 & Sunday, September 26, 2010: Aberdeen, Barnhartvale, Sahali and South Kamloops West End

Open houses will be held on Saturday, September 25th and Sunday, September 26th, 2010 and will be in Aberdeen, Barnhartvale, Upper Sahali and the South Kamloops West End.

Kamloops Property 383 HOLLYBURN DriveSaturday, September 25, 2010: 11:30-1:00, 383 Hollyburn Drive, Upper Sahali, $284,900

Bright and cheery Upper Sahali half duplex in nice area. Very close to Albert McGowan Park, transit, schools & shopping. Numerous updates include windows, furnace, A/C unit, paint, main bath, kitchen. Three bedrooms on the main with two bedrooms down. more

Kamloops Real Estate For Sale 526 Battle Street Saturday, September 25, 2010: 1:30-3:00, 526 Battle Street West, South Kamloops West End $449,900

Centrally located in the South Kamloops West End, has a 2 bedroom inlaw suite & is close to shopping, transportation & TRU. Everything in this home has been updated, new roof, heat pump, furnace, hot water tank, paint inside & out, all flooring, kitchen appliances..more

Kamloops property For Sale 4900 Uplands Dr Sunday, September 26, 2010: 11:30-1:00, 4900 Uplands Drive, Barnhartvale, $899,900

Sprawling 5,700 square foot bungalow located on 17.82 acres with amazing river and valley views. Grand, open main foyer with vaulted ceilings and skylights. 3,700 square feet on the main floor and a fully finished daylight walk-out basement. more

Kamloops For Sale 2405 DRUMMOND CRTSunday, September 26, 2010: 1:30-3:00: 2405 Drummond Court, Aberdeen, $374,900

Bright & inviting two-storey home backing onto parkland with a beautiful view. Recent updates include flooring, heat pump, kitchen counters, paint & more. Bright open kitchen with large patio doors leading to a fenced backyard. Storage pantry & laundry off of the kitchen. more

Click here to view more pictures of these homes.

To view all homes for sale in Kamloops click here.

Featured Property: 4900 Uplands Drive, Barnhartvale, Kamloops, B.C. $899,900

Kamloops Property For Sale 4900 Uplands Dr

Sprawling 5,700 square foot bungalow located on 17.82 acres with amazing river and valley views. Grand, open main foyer with vaulted ceilings and skylights. 3,700 square feet on the main floor and a fully finished daylight walk-out basement. Extensive use of Kamloops Real Estate Listing 4900 uplands drivewindows that all feature the beautiful view. Large gourmet kitchen with many cabinets, storage and pantries that is open to the family room. Main floor laundry. 2 gas fireplaces and numerous built in cabinets in family room and den. Huge stamped concrete and paving stone patio that takes advantage of the privacy and 180 degree view. Wet bar in foyer for entertaining on the sprawling patio. There is a large pond with coy fish and water feature. Extensive landscaping with rock and low maintenance gardens. Gazebo & hot tub. The spacious dining room & living room feature pillars and large fireplace. Double French doors lead to the built-in library or office/den. Large master suite with doors to patio & huge 6 piece ensuite with jetted tub. Large rec room and games room with wet bar. Three bathrooms on the main floor and one down. Triple garage, central air, central vac, all appliances, security & in-ground sprinklers.

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

Open House Weekend: Saturday, September 18 & Sunday September 19, 2010: Batchelor Heights, Brocklehurst & South Kamloops

Open houses will be on Saturday, September 18 and Sunday, September 19, 2010. They will be held in Batchelor Heights, Brocklehurst and South Kamloops.

Kamloops Mobile Home B23-220 G & MSaturday, September 18, 2010: 12:30-1:30, B23-220 G&M Road, South Kamloops, $147,900

This 2 year old mobile home has over 900 square feet of living space with 2 bedrooms & 1 large bathroom. There is an open floor plan from the kitchen to the living room w/ vaulted ceilings & a bay window. Outside there is RV parking, large sundeck, fully fenced yard more.

1547 Hillcrest Avenue Batchelor Heights Kamloops Saturday, September 18, 2010: 2:00-3:30, 1547 Hillcrest Avenue, Batchelor Heights, $339,900

This solid Batchelor Heights home has a beautiful sprawling view of the city and river valley below. There are 3 bedrooms (currently set up as 2) and 3 bathrooms including a master bedroom en-suite. This home has a large in-ground pool in the private back yard that..more.

Kamloops Homes 2620 Briarwood Ave West Briar EstatesSunday, September 19, 2010: 12:00-2:00: 2620 Briarwood Avenue, Brocklehurst: $449,900

Beautiful custom four level split home in West Briar Estates. There are 4 lg bedrooms and 3 full baths. The main great room area has high 16 ft vaulted ceilings & numerous windows. There is a beautiful mountain view from the kitchen, dining room, great room & patio. more

Click here to view more pictures of these homes.

To view all homes for sale in Kamloops click here.

Featured Property: 2255 Linfield Drive, Aberdeen Highlands Development, Kamloops, B.C. $429,900

Kamloops Homes For Sale 2255 Linfield drive aberdeen highlands This brand new view home is located in Aberdeen’s newest subdivision Aberdeen Highlands. It is located right beside a golf course and elementary school. The main floor has open plan living including large living and dining areas with vaulted ceilings, gourmet kitchen, hardwood and tile flooring though out, large master bedroom with spa-like ensuite including separate shower and soaker tub. Hi-efficiency furnace, fully landscaped with underground sprinklers and 9′ ceilings on both floors. Deck in the front to enjoy the spectacular river, valley and mountain views. There are 3 bedrooms on the main floor, a den off of the main entrance with laundry room. The basement is unfinished and is roughed in for a one or two bedroom inlaw suite.

Click here to view more pictures of this home.

To view all homes for sale in Kamloops click here.

Open House Weekend: Saturday, September 11th & Sunday, September 12th, 2010: Aberdeen, Brocklehurst, Sahali & South Kamloops

This Saturday, September 11th and Sunday, September 12th, 2010 open houses will be held in Aberdeen, Brocklehurst, Sahali and the South Kamloops west end.

526 Battle Street West Kamloops Real Estate

Saturday, September 11, 2010: 12:30-2:00: 526 West Battle Street, South Kamloops West End, $469,900

Centrally located in South Kamloops West End. 2 bedroom inlaw suite & close to shopping, transportation and TRU. Everything in this home has been updated, new roof, heat pump, furnace, hot water tank, paint inside & out, all flooring, kitchen appliances, all windows, patios, insulation in the attic, bathrooms… Beautiful panoramic valley and river view. more

Kamloops House 383 HOLLYBURN DriveSaturday, September 11, 2010: 2:30-4:00: 383 Hollyburn Drive, Upper Sahali, $289,900

Bright and cheery Upper Sahali half duplex in nice area. Very close to Albert McGowan Park, transit, schools & shopping. Numerous updates include windows, furnace, A/C unit, paint, main bath, kitchen. 3 bedrooms on the main with 2 bedrooms down. 1 bedroom down & storage area can be converted to a large rec room. Large patio off the main floor lead to good sized back yard. Single car carport with lots of extra parking. RV parking possible.

Kamloops Home 2405 DRUMMOND CRT Sunday, September 12, 2010: 12:30-2:00: 2405 Drummond Court, Aberdeen, $379,900

Bright & inviting two-storey home backing onto parkland with a beautiful view. Recent updates include flooring, heat pump, kitchen counters, paint & more. Bright open kitchen with large patio doors leading to a fenced backyard. Storage pantry & laundry off of the kitchen. Large living room with big windows & patio off of the front. Huge master bedroom with vaulted ceilings, large walk-in closet, 4 piece ensuite, small patio & skylight.

Kamloops For Sale 2090 Van Horne Drive AberdeenSunday, September 12, 2010: 2:30-4:00: 2090 Van Horne Drive, Aberdeen, $399,900

Private & spacious 3,200 square foot, 3 level split home in desirable Aberdeen. There are 5 bedrooms & 3 bathrooms, including one ensuite. Recent updates include outside vinyl “chic” paint with a 20 year warranty, kitchen counter, tile flooring & 95% efficiency furnace. Roof is 13 yrs old. Laundry room, 2 piece bathroom, bedroom & large family room with maple hard wood flooring & fireplace on the main floor.

Kamloops Home 2620 Briarwood Ave

Sunday, September 12, 2010: 2:00-4:00: 2620 Briarwood Avenue, Brocklehurst: $449,900

Beautiful custom four level split home in West Briar Estates. There are 4 lg bedrooms and 3 full baths. The main great room area has high 16 ft vaulted ceilings & numerous windows. There is a beautiful mountain view from the kitchen, dining room, great room & patio. Large master ensuite has a lg soaker tub, separate shower & lg walk in closet.  more

Click here to view more pictures of these homes.

To view all homes for sale in Kamloops click here.

1 2