Category: Uncategorized

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Sold: 199 Seymour Street, South Kamloops, BC $789,900

Kamloops Real Estate, South Kamloops, Uncategorized

Sold: 199 Seymour Street, South Kamloops, BC $789,900. Stunning Kamloops West End home offering numerous updates throughout, a 1 bedroom inlaw suite and a gorgeous in ground pool.

This two storey home has so many beautiful original features dating back to the 1940’s. There is a large living room with picture window to take in the river and valley views. There is a fireplace in this room with a gas line ready for an insert. The dining room opens to a lovely sun room which overlooks the back garden. The kitchen recently updated with stainless appliances, quartz counters and lots of storage. There is 1 bedroom on the main floor and a full 4 piece bathroom.

The second level features 3 large bedrooms, a 3 piece bathroom and a cute nook area with northern views. The master bedroom is huge and has a lot of potential to put in an ensuite and walk in closet.

The basement level includes a fully reno’d 1 bedroom inlaw suite with full bathroom and it’s own laundry. There are two laundries in the basement level (one in the suite) and extra storage.

The pool has had an entire overhaul. The concrete pool was entirely redone including all equipment (filter, pump, UV and chlorinator). This property is sold with 2 titles (W. Seymour & Nicola Wagon Rd). Lots of off street parking off of Nicola Wagon Road. Super private yard with lots of mature trees and gardens. Furnace 2011, hot water tank 2017, roof 2012, pool 2020, plus tons more. Walking distance to all downtown amenities, transportation and shopping. Don’t miss out on this amazing piece of history.

Easy to show and flexible possession. Offers will be presented March 21,2021 after 3pm.

Click Here to view more photos of this home.

Click Here  to view the video tour of this home.

To view all homes for sale in Kamloops click here.

To view more about the neighborhood click here.

BCREA Housing Market Update for November 2020

B.C. Real Estate News, Kamloops Real Estate Statistics, Uncategorized

BCREA has released it’s latest Housing Market Update for November 2020. BC Real Estate Association’s Chief Economist Brendon Ogmundson discusses the October 2020 statistics.

Home sales in BC hit a monthly record and it was the 4th consecutive month with over 10,000 sales in the province. Supply of homes are still trending lower across BC, total active listings are down 14%. BC is solidly in Sellers Market territory. When this happens it often results in acceleration of prices to the upside. Buyers have preferred properties with more space causing the average price to increase 12.5% year over year to $812,000 due to more single family home sales.

In Kamloops, there were 337 unit sales for October 2020 which is a 23.4% change year over year. The average price also increased 11.4% to $466,113. The number of active listings for October was 1,173 which is a 5.5% increase over the year before. There is 3.5 months worth of inventory.

Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.

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To search for Kamloops real estate and homes for sale click here.

“The Unusual World of Pandemic Economics”: Why BC’s Housing Market Remains Strong Despite COVID-19, BCREA

B.C. Real Estate News, Kamloops Real Estate Statistics, Uncategorized

Vancouver, BC – Septemeber 9, 2020. The British Columbia Real Estate Association’s (BCREA) latest Market Intelligence report, The Unusual World of Pandemic Economics, points to uneven job losses across sectors, an increase in many households’ rate of savings, swift government aid, a tighter-than-ever housing supply and low interest rates as the drivers behind BC’s recent housing market highs.

“The COVID-19 recession has battered many sectors of the BC economy. However, looking at recent data in the housing market, it would be difficult to tell there was a recession at all,” says BCREA Chief Economist Brendon Ogmundson. “In a typical recession, we would see falling demand and rising supply, but this recession is anything but typical.”

Previous BCREA forecasts anticipated housing prices would return to the pre-COVID-19 baseline in early 2021. However, a surge of pent-up demand into an undersupplied market has prices at pre-COVID-19 levels well ahead of schedule.

“Pandemic economics are proving to be very unusual. Many of the trends we are seeing are without precedent and significant uncertainty remains, but we are cautiously optimistic that this housing recovery will continue,” notes Ogmundson.

To read the full report, click here. For the PDF of this news release click here.

Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.

If you want to be kept informed on Kamloops Real Estate, News and more visit our Facebook Page.

To search for Kamloops real estate and homes for sale click here.

Strong Recovery Continues for BC Housing Markets, BCREA

Uncategorized

Vancouver, BC – August 13, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,090 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July 2020, an increase of 26.6 per cent from July 2019. The average MLS® residential price in BC was $770,810, a 12.9 per cent increase from $682,702 recorded the previous year. Total sales dollar volume in July was $7.8 billion, a 43 per cent increase over 2019.

MLS residential sales BC August 2020 home house sale statistics information Strong recovery bc housing market

“The strong recovery in sales activity continued in July,” said BCREA Chief Economist Brendon Ogmundson. “Increased demand for more living space combined with an undersupplied market is producing significant upward pressure on home prices, particularly in the market for single-family homes.”

Active listings remain down significantly year-over-year, creating upward pressure on prices, though increased demand for single-family homes has somewhat skewed average prices in some markets.

Year-to-date, BC residential sales dollar volume was up 8.4 per cent to $32.5 billion, compared with the same period in 2019. Residential unit sales were down 1.4 per cent to 43,718 units, while the average MLS® residential price was up 10 per cent to $754,842.

Around the province BC statistics July 2020 home sales real estate information residential bc housing market

Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.

If you want to be kept informed on Kamloops Real Estate, News and more visit our Facebook Page.

To search for Kamloops real estate and homes for sale click here.

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