August 2012

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Westsyde Kamloops Property for SaleUpdated Westsyde home in a great area. This home sits on large flat, fenced lot with drive thru access and room for a detached shop or pool. Recent updates include hardiboard siding, low-e windows on the main, new fence, 125 amp panel, updated bathrooms, flooring, paint, light fixtures and exterior doors. Spacious, bright kitchen, custom blinds throughout with lifetime warranty. There are 2 bedrooms on the main but could be converted back to a 3 bedroom configuration. Covered patio in the yard, large workshop/shed, u/g sprinklers, separate basement entry with suite potential.

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Heffley Lake Property for SaleGreat family home with tons of potential. Located across the street from Little Heffley Lake with water views. 2 large bedrooms on the main floor and 2 bedrooms down (including 1 or 2 bedroom inlaw suite). The main floor has a spacious living room, kitchen with dining room and a large family room off of the kitchen. The family room could be converted to a den/bedroom and family room. There is a newer pellet stove 2006 in the rec room and h/w tank 2009. There is a 2 car attached garage and potential for a detached shop on the property as well. The yard is fully fenced and flat. This home does require some updating as reflected in the price (flooring). View our pre-listing home inspection for further details. Huge covered deck, on the school bus route and tons of trails to explore nearby. 15 minute drive to Sun Peaks and 25 minutes to Kamloops. Great opportunity to get into a single family home at a great price.

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Completely renovated home with tons of updates. The updates include; drywall, new kitchen, flooring, bathrooms, electrical (100 amp), leveled, all new fixtures throughout, new sub floors, deck, internal & external doors, windows, re-sealed roof and much more. Nothing left to do on this home but move right in. There is a back patio for privacy with garden shed for storage. There are 2 bedrooms but could be 3 (2 are made into 1 large one) and a large rec/family room. Nice bright home with open floor plan. Day before notice for showings re: shiftworker. Park does not sign a site lease and pet restrictions.

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Brocklehurst Home for Sale PropertyGreat Brock home with a large 20×40 detached shop. The home features hardwood flooring on the main floor with a nice oak kitchen. There is a bright, large dining room and living room as well as two large bedrooms and a 4 piece bathroom. The basement features a spacious rec room, bedroom, huge laundry room with storage room, 3 piece bathroom and separate entrance to the basement. There are many updates: furnace, HW tank, windows and central a/c all done in 2004. Energuide rating 74. The detached workshop is wired and there is a single attached garage. Drive through access to the back yard and lots of parking for all your toys/RV. Good sized yard with large garde area and a 18×16 covered deck overlooking the yard. Don’t miss out on this great Brock home. 1/2 a black to elementary and middle school, bus stop only steps away and shopping a short walk/drive away. Day before notice for showings appreciated.

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Westsyde Property Home for SaleGreat Westsyde home with a one bedroom inlaw suite that could be a two bedroom. Located on a corner lot, there is room for a detached shop on this lot with easy access to the back yard. The main floor has two bedrooms and has the use of one bedroom in the basement and extra storage. The basement suite has one large bedroom, there is a temporary wall in the living room area that makes a den/computer room. This wall could come down to make a larger living room. There has been several updates over the past few years including heat pump, furnace, central vac, 210 amp electrical service, updated flooring in the suite and some on the main floor. The main floor has parkay hardwood throughout and just needs a little TLC. Each suite has separate laundry. The basement rents for $700 per month, the tenant is great and would like to stay. The main floor rents for $1000 and will be vacant September 1st. Please allow 24 hours minimum for showings.

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MLS Residential Sales BC July 2012

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Vancouver, BC – August 14, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through the Multiple Listing Service® (MLS®) in BC declined 12.9 per cent to $3.1 billion in July compared to the same month last year. A total of 6,482 MLS® residential unit sales were recorded over the same period, down 0.8 per cent from July 2011. The average MLS® residential price was $474,954, 12.2 per cent lower than a year ago.

“While some potential homebuyers in Vancouver are taking a breather over the summer months, stronger consumer demand continues across the rest of the province,” said Cameron Muir, BCREA Chief Economist. MLS® residential unit sales outside of Vancouver were up 11 per cent in July over a year ago. In contrast, home sales through the Real Estate Board of Greater Vancouver were down 18 per cent over the same period.

Year-to-date, BC residential sales dollar volume declined 16.5 per cent to $23.5 billion, compared to the same period last year. Residential unit sales dipped 7.9 per cent to 44,794 units, while the average MLS® residential price was 9.4 per cent lower at $525,183.

This article appeared on DailyMarkets.com on August 19th, 2012 and was written by

Canada Mortgage and Housing Corp presented its latest forecast for Canada Housing market on Tuesday 11th August. The report focuses on market trend and condition for the rest of 2012 and 2013. The CHMC’s outlook for the third quarter of this year proves that the market is cooling all across the country and the slowdown will continue throughout 2012 and 2013.

The forecast is largely based on statistics and data collected and compiled by Canada Real Estate Association CREA.

Mortgage Expert, Marcus Arkan, CEO of Syndicate mortgages has said that CHMC’s report confirms what analysts and economists have been saying ever since new mortgage rules were announced. He said, “Since the very day new mortgage rules were announced, the tabloids are filled with speculations and expectations. Most of experts including CHMC itself were warning about a slowdown. Now with the latest stats and figures before us, CMHC has finally confirmed our worst fears.”

According to CHMC, the slowdown will not create a major economic threat but send the market in a more balanced situation for a year or so. The report indicates that the market has shown sustained activity levels for the first two quarters of this year. Due to this sustained growth, there will be a definite slowdown in price growth.

Mr. Arkan highlighted how the latest forecast is slightly different than what CHMC has predicted in June. “The point forecast regarding housing starts in the latest report is higher than what has been predicted in June and the range is slightly wider. This may be because the data and stats from July have provided a far more clear idea of where the market is heading now.”

For 2012, CHMC’s numbers predict that the range of housing starts will remain 96,800 to 217,000, with a point forecast of 207,200 units. For the next year, starts are expected to be in the range of 73,000 to 207,400 units. Similarly, existing home sales will also remain within a moderate range of 442,300 to 485,200 units in 2012, with a point forecast of 466,600 units this year. For 2013, these sales are expected to increase up to 487,600 units.

One thing that Mr. Arkan pointed out as the most interesting part of the CHMC’s latest report is the prediction regarding prices for property sales. The report suggests that the slowdown will not lead to price decline. However, the rate of price growth will slow down to some extent.

According to CHMC’s report from last month, the point forecast for average price was $372,700 for 2012 and $383,600 for 2013. Now according to the latest forecast, the average price shall remain lower at $368,000 for 2012 and $377,300 for 2013.

To view CMHC’s market forecasts, reports and analysis click here.

This Sunday, August 19th, 2012 open houses will be held in Brocklehurst, West End and North and South Kamloops.

Sahali Townhouse for Sale

Sunday, August 19th, 2012: 11:30-1:00: 42-383 Columbia Street West, South Kamloops West End, $289,900

Centrally located townhouse. Close to shopping, recreation, transportation, and schools. Is within walking distance of TRU. Nice open design with lots of natural light. More

 

Brocklehurst Kamloops Townhouse for Sale

Sunday, August 19th, 2012: 12:30-1:30: 6-800 Valhalla Drive, Brocklehurst, $199,900

Spacious Brock townhouse with 4 bedrooms and 2 bathrooms, 2 car tandem carport and private yard. The 4th bedroom makes a great rec room! More

 

North Kamloops Home Property for Sale

Sunday, August 19th, 2012: 1:30-3:00: 155 Angus Street, North Kamloops, $269,900

Nicely updated 3 bedroom, 1 bathroom bungalow. This home features hard wood floors throughout the main floor, updated bathroom with tile, windows, More

 

South Kamloops West End Property for SaleSunday, August 19th, 2012: 1:30-3:00: 134 Clarke Street, South Kamloops West End, $409,800

Great family home in a quiet west end neighbourhood. Very bright and inviting with 3 bedrooms and 2 bathrooms, huge family room and living room. This home has been kept immaculate and is very well maintained. more

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The Kamloops and District Real Estate Association has released it’s latest statistics for July 2012. Click on the image to enlarge.

Kamloops BC Real Estate Statistics July 2012 Comparative Analysis

Kamloops Real Estate Comparative Analysis by Property Type July 2012

Kamloops BC Real Estate MLS Activity July 2012 Statistics

Kamloops Real Estate MLS Activity July 2012 Statistics

Kamloops BC Real Estate Sales Statistics by Subarea July 2012

Kamloops Real Estate Sales By Subarea July 2012

 

Kamloops Acreage Property Vinsula McLure5.1 acre riverfront property only 20 minutes from Kamloops. Approx. 3 acres of fields for horses/livestock and property is fully fenced. There is a detached workshop (20×24), animals shelters and a covered RV or boat parking shelter. The home is 1,700 sq ft with beautiful river views. There is a 2 car attached garage with a new wood stove. The home features granite countertops, stainless steel appliances, wood stove in the living room that heats the whole home in the winter, 3 bedrooms, 1 bathroom, main floor laundry, updated flooring, and new hot water tank (June 2012). There is approx 465 ft of riverfront. The property is like a park with many mature trees including fruit trees. There are 2 covered decks. 30 minutes from Sun Peaks, 20 from Heffley Lake Resort. Located on school bus route (Heffley Elementary only 10 minutes away). There may be subdivision potential. Day before notice appreciated for showings.

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Kamloops Home Property for SaleThis Westsyde rancher is worth putting some work into! It can be loved again! The roomy kitchen opens to a back sunroom. Bedrooms are all spacious. Open living and dining areas face the quiet residential street. Located in a family friendly neighbourhood just steps from the river, bus and corner store. It sits on a large lot with nice sized front and back yards. The double detached shop is a bonus as is the ample parking. Room for all your toys! Schedule A to accompany offer. Subject to court approval. Easy to show.

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Kamloops Home For SaleBright and spacious double wide modular home in a private quiet area. There are 3 large bedrooms, huge kitchen with lots of cabinets and 2 skylights, dining room of the kitchen, living room with vaulted ceilings and gas fire place. The huge master bedroom features an oversized ensuite with large soaker tub, 2 sinks and French doors from the bedroom. There is a second 4 pce. bathroom, separate laundry room with lots of storage and room for a large freezer. The backyard is very private and features a large patio (partially covered), fully fenced yard, large school bus route. Pets allowed but no rentals (except family). Close to golf and minutes from highway. Located in Country View Estates off of Shuswap Road. Quick possession.

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Sahali Real Estate Townhouse for SaleCompletely reno’d with tons of updates. 3 bedrooms with 3 bathrooms. The main floor features an updated kitchen, large dining room and living room with gas fireplace framed in slate. Patio doors to large front deck and view. Laminate floors on both levels. Bright open plan with pass through to kitchen. Lovely kitchen with lots of cabinets and pantries. Newer stove, fridge and dishwasher included. Level walk out to private BBQ deck with retractable awning and peaceful gardens. C/air and C/vac. Upper floor has 3 big bedrooms with laminate floors. New 5 piece bath has 2nd vanity in walk through close to huge master bedroom. Lower floor has laundry with sink and the washer/dryer stay. Rec room/den could be a nice guest room. The bedrooms are a great size. No dogs allowed but cats are okay and rentals restricted to 6 units only. Very close to shopping, transportation and schools including TRU. Minimum 24 hours notice mandatory.

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Tranquille Valley Red Lake Real EstateRed Lake Kamloops Property for SaleGreat home in the Tranquille Valley, only 35 minutes from downtown Kamloops. 15 year old home with over 3000 sq ft of living space sitting on a 5 acre property. There are 4 bedrooms and 2 full bathrooms. The 2nd floor bedroom would also be a great play room or rec room. There is the potential for a single car covered parking spot on the basement level. Newer wood/electric combo furnace and also a pellet stove in the family room. The property backs onto crown land is fully fenced and x-fenced. There is a horse shelter, hay shed and other outbuildings. Great value in this home! 10-15 minutes to Red Lake from the home, this area is great for fishing, hunting and many other outdoor activities. Road is well maintained year round.

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