Featured Property: 658 Dominion Street, South Kamloops, B.C. $419,900

658 Dominion Street, South Kamloops Home For SaleSouth Kamloops Home For SaleOutstanding fully renovated bungalow with in-law suite in a desirable South Kamloops location. This home is walking distance to both the secondary and elementary schools, transit & all the downtown amenities. There also is a 2 bedroom in-law suite with separate entrance.

South Kamloops Real Estate, BCSome of the updates include both kitchens, all flooring, doors and hardware, light fixtures, both bathrooms (4 piece on main and 3 piece in basement), roof & detached garage.

There are hardwood floors & tile throughout the main floor & laminate down throughout the suite. There is South Kamloops Home For Sale Yardshared laundry and extra storage. All the rooms in this home are very spacious and there is a gas fireplace in the living room.

Beautiful, flat yard with in-ground sprinklers and fruit trees. There is a new concrete patio with hot tub. Quick possession possible for this great South Kamloops home.

To view more pictures of this home click here.

To view other homes for sale in the Kamloops area click here.

Featured Property: 30-6000 Valley Drive, Sun Peaks, B.C. $619,900

6000 Valley Drive, Sun Peaks, Kamloops, BCSun Peaks Townhouse for Sale - KitchenThis Sun Peaks townhouse unit has it all! There are three bedrooms, three bathrooms and comes fully furnished. This 2-storey townhouse also has a two car garage. Large gourmet kitchen with granite counters, stainless steel appliances and a gas stove. Beautiful 35 foot vaulted ceilings in the bright and spacious living room Sun Peaks, BC Real Estatewith a gas fire place.

Three patios with one large deck off of the living room. Three piece bathroom on the main floor with granite counters. The master bedroom has a large four piece ensuite and private deck. Hot tub also included in the sale of this home. Tons of storage, walking distance to the Sun Peaks Townhouse for Sale: Kamloops Real Estatevillage, lifts & other Sun Peaks amenities. This unit would be a great rental property or a home away from home.

To view more pictures of this property click here.

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Kamloops Real Estate Open House Weekend: May 30, 2009, Juniper Heights

Open houses this weekend will be in Juniper Heights.

Saturday, May 30th: #25-2050 Qu’appelle Blvd: 11:00am-12:00pm

#25-2050 Qu'appelle Blvd Kamloops Open HouseBest Price in Juniper! Bright 3 bedroom unit with laundry & bedrooms up. Master bedroom has a large walk in closet. Center island in kitchen & 5 appliances included. Living room opens up to west facing patio. Central air, 2 bathrooms & single car garage. Pets & rentals allowed. $244,900

 

Saturday, May 30th: 2529 Qu’appelle Blvd: 12:15pm-2:15pm

Qu'appelle Blvd Juniper Ridge, KitchenBeautifully updated Juniper 2-storey home. Maple hardwood floors, slate tile, new light fixtures, new carpet, totally reno’d kitchen & bathrooms & new baseboards. Large master suite on 2nd floor with walk in closet. Living room has vaulted ceilings & gas fireplace. In-ground sprinklers, private yard with a secret garden above & 2 car detached shop. Close to elementary school & transit. $354,900

To view more listings in Kamloops click here.

Featured Property: 49-800 Valhalla Drive, Brocklehurst (Brock), Kamloops, B.C. $224,900

Front of Home Valhalla Brocklehurst KamloopsKamloops Real Estate Home For Sale BrockBrock, North Shore Kamloops Townhouse for SaleBright & open Brocklehurst unit with low strata fees. Newer lino floors in kitchen & bathroom, newer appliances, updated bathroom (sink, tub & toilet), counter tops, paint, baseboards,Master Bedroom Valhalla Brocklehurst Townhouse light fixtures, window coverings. Townhouse For Sale Kamloops Real Estate

Large carport with lots of extra parking. Nicely landscaped yard with small vegetable garden. Tons of storage, large bedrooms and lots of closet space.

Bathrooms Kamloops Real EstateHome for Sale Kamloops Real EstateStorage space in basement can be converted to 4th bedroom easily. Rough in for second bathroom. Carpets will need to be replaced. Central air conditioning unit.

Priced at $224,900

To view more pictures of this property click here.

To view other home listings in the Kamloops area click here.

Kamloops Home Inspections: Carbon Monoxide Information and Detection

Todd Hrycenko Home InspectorCarbon Monoxide DetectorKamloops home owners have you considered the dangers of carbon monoxide? Carbon monoxide, an odorless, colorless gas, is a byproduct of combustion processes in furnaces, fireplaces, appliances, charcoal grills and vehicles that use fossil fuels. It can be dangerous.

A proper exhaust and venting system safely removes this by-product from the home. To keep heating systems and gas or wood burning appliances working well, have them checked annually. Installing carbon monoxide detectors near sleeping areas and in each bedroom can provide another level of safety.

According to Health Canada, the elderly and those with respiratory or heart conditions may react poorly to even low levels of CO poisoning. If you suspect a carbon monoxide problem, follow these tips from the Canadian Mortgage and Housing Corporation. If an obvious source of carbon monoxide is not present:

  • Evacuate all occupants.
  • If anyone has flu-like symptoms, call 911; if there are no health problems, call your gas utility, heating contractor or the fire department to have your house tested.
  • Have a qualified service technician inspect and repair any problems.
  • Do not re-occupy the house unless those who tested the house inform you that it is safe.

The best thing to do to prevent any potential health risks or death is install carbon monoxide detectors in your home. You can purchase them from many local businesses here in Kamloops.

If you have any questions about carbon monoxide or anything related to home inspections contact me directly or post your question here.

Todd Hrycenko, Global Property Inspections
ac.cbipgnull@ddot 250-371-2787

Kamloops This Week: Kamloops Housing Starts Slow In April 2009

Kamloops Housing Starts, April 2009This article appeared in the Kamloops This Week on Wednesday, May 13, 2009 and was written by Jeremy Deutsch.

It was expected to be a slower year for development around the River City, but the drop in residential single family permits for the month of April caught the city by surprise. The number of single family permits in April dropped to five, down from 26 the previous year. It brings the total number of permits to just 16 in the first four months of 2009, compared to 101 by the same time last year.

David Trawin, director of development and engineering for Kamloops acknowledged the number is lower than expected. However, he’s confident that segment of construction will rebound in coming months. “If it goes like this for three months, it will be shocking,” he said. Trawin pointed out single family permits are just one aspect of total construction value.

Last year the city set a record topping the $207-million mark for the value of construction permits. Staff predicted a return to a normal pace in 2009, with value estimated at $120 million to $140 million. Four months into the year Trawin is still optimistic the city will meet its prediction. So far, the city has reached $23 million in value for 2009 – more than half coming from commercial development, which is up by $4 million over 2008.

Residential value sits at just over $11 million, but that’s down form $25 million last year. One positive side to the slowdown noted by Trawin is that it has given his department a chance to catch up on files and inspections. One building inspector has been allocated to do follow up inspections on new developments to look for deficiencies like incomplete fencing or landscaping.

Featured Property: 2529 Qu’appelle Boulevard, Juniper Heights, Kamloops, B.C. $354,900

2529 Qu'appelle Blvd, Juniper Ridge Home for SaleQu'appelle Blvd Juniper Ridge, KitchenQu'appelle Blvd Living room, Home For Sale Juniper HeightsFour bedrooms, two bathrooms and totally renovated. This home has 1,700 square Diningroom Qu'appelle Boulevard Juniper Heightsfeet of living space on a 9,000 square foot lot. This beautifully updated Juniper 2-storey home Qu'appelle Livingroom Juniper Heights Kamloopshas maple hardwood floors, Qu'appelle Master Bedroom Juniper Heightsslate tile, new light fixtures, new carpet, totally renovated kitchen & bathrooms andQu'appelle Back Yard Juniper Heights new baseboards. Large master Qu'appelle Shop Juniper Heights Kamloopssuite on second floor with walk-in closet. Livingroom has vaulted ceilings & a gas fireplace. There is one unfinished room on the second floor currently used for storage but could be a great den or children’s play room.

There are in-ground sprinklers in the private yard, which has a secret garden above the home and a two car detached shop. There is space for RV parking and tons of storage space. Located across the street from the popular Juniper Heights Elementary school & close to transit.Qu'appelle Ensuite Kamloops Real EstateBathroom Qu'appelle Bvd Kamloops Real Estate

To view the full listing of this home click here.

To view homes for sale in the Kamloops area click here.

Buying a Kamloops Home? These Are The Costs To Expect When Purchasing A Home

Brenda Colman Invis Kamloops Mortgage SpecialistIt is essential that you are aware of the costs associated with a Kamloops home purchase. It is important to speak with a mortgage professional before shopping for a home; this will allow you to shop within a price range that is realistic for your situation. At the same time, make sure you are prepared financially for the standard costs associated with a purchase of real estate.

Some of these costs may include:

Deposit:  Once you have an accepted offer on a place, there is generally a five to ten business day period to remove subjects (ie. Inspection, financing, etc.)  Once those subjects have been satisfied, you are required to put down a deposit on the property.  This amount varies, so make sure to ask your Realtor.

Property Purchase Tax:  If you are a first time home buyer and you meet the qualifications, this does not apply to you.  However, if you have ever owned property, anywhere in the world, this tax will be charged on your purchase completion date.  You calculate the amount by taking 1% of the first $200,000 and then 2% of anything over that.

GST:  When purchasing a brand new property, GST will be charged.  Your realtor will advise you of this amount, and it does not apply to used homes.

Closing/Legal Fees:  Be prepared for a legal bill of approximately $1000 for a standard purchase or sale.  If you are buying and selling at the same time, budget approximately $2000 for this expense.

Property Tax Adjustment:  This is calculated at the lawyers office.  A person is always responsible for the property taxes due during the time lived in the home.

Appraisal:  Depending on the lender and how much money you have down, an appraisal of the property may be required.  A standard, residential appraisal will run between $250-$350, and is due at the time of appraisal.  Different properties will have a higher cost, so ask your mortgage professional once you have decided on a property.

Insurance Premium (If Applicable):  In Canada, if you are financing a property to more than 80% of the property value, the mortgage needs to be insured (This is called a “high ratio” mortgage).  This is generally done through CMHC, Genworth Financial, or AIG. They charge an insurance premium that is added to your total mortgage.  The percentage that you pay will vary depending on how much money you have down and how straight forward the approval is.  If you have a 20% down payment or you are refinancing to no more than 80% of the property value, a fee is generally not charged.  A typical fee ranges from 1.75% to 3.10% of the mortgage amount.

It is essential to get pre-approved before making a commitment to purchase a home in Kamloops. If you have any questions for me about mortgages don’t hesitate to post a comment here or contact me directly.

Brenda Colman, Mortgage Consultant, Invis Kamloops
P. 250-318-8118  E. ac.sivninull@namlocadnerb W. www.BrendaColman.ca
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