Featured Property: 15-130 Station Road, Heffley Creek, Kamloops, B.C. $62,900

130 Station Road Heffley Creek Kamloops PropertyGreat home in a quiet area with views of acres of farmland. Bright open floor plan, 3 bedrooms and 1.5 bathrooms. Well maintained home with numerous updates including wood stove, flooring, paint and more. All appliances and window coverings included. Large private yard that is fully fenced and landscaped with fruit trees and a storage shed/workshop. Two covered decks allows you to enjoy nature.The addition was a factory addition and to code. This is a very small quiet park and allows small pets. Park will sign a site lease.

To view all homes for sale in Kamloops click here.

Open House Weekend: Saturday, January 14 and Sunday, January 15, 2012, Brocklehurst, Campbell Creek and Westsyde

On Saturday, January 14th and Sunday, January 15th, 2012 the open houses will be held in Brocklehurst, Campbell Creek and Westsyde, Kamloops.

908 Crestline Street Brocklehurst Kamloops Property For SaleSaturday, January 14th, 2012: 11:00-12:00: 908 Crestline Street, Brocklehurst, $269,900

Immaculate home in great location. This one owner home has 3 bedrooms & 3 baths w/potential for a 4th bdrm (large bdrm on 2nd level can be split). Numerous updates – read more.

58-1697 Greenfield Glenwood Townhouses BrocklehurstSaturday, January 14th, 2012: 12:30-1:30: 58-1697 Greenfield Avenue, Brocklehurst, $199,900

Court order sale. Centrally located Brock townhouse with 3 bedrooms, and 2 full bathrooms. Updated kitchen, bathrooms, some new vinyl windows, large storage area, private yard.

8905 Badger Drive Campbell Creek KamloopsSaturday, January 14th, 2012: 1:00-3:00: 8905 Badger Drive, Campbell Creek, $470,000

Beautiful Campbell Creek executive 2 storey home. Tons of value in this home with over 3100 sq ft finished, 5 bedrooms and 4 bathrooms. more

2181 Perryville Pl Westsyde Kamloops HouseSunday, January 15th, 2012: 11:00-12:00: 2181 Perryville Place, Westsyde, $329,900

Immaculate Westsyde home with river views…numerous updates include furnace, hot water tank, central A/C, flooring, kitchen, 2 bathrooms, patio, most windows, external doors, paint, mouldings, more.

80-1655 Ord Brocklehurst Kamloops HomeSunday, January 15th, 2012: 12:30-1:30: 80-1655 Ord Road, Brocklehurst $126,000

Immaculate 11 year old home with open concept living. Vaulted ceilings, new interior doors, updated countertops & tile backsplash in kitchen. The bedrooms are very large & spacious with oversize closets. more

To view all homes for sale in Kamloops click here.

Home Sales Increase Last Year

MLS Residential Sales BC Year End 2011
Click to enlarge

Vancouver, BC – January 13, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average annual MLS® residential price climbed 11.1 per cent to $561,026 over the same period.

“Low mortgage interest rates and gradually improving economic conditions contributed to a moderate increase in consumer demand last year,” said Cameron Muir, BCREA Chief Economist. “BC home sales came in about on par with their 15-year average, but fell well below their ten-year average of over 88,000 units.”

Vancouver, the Fraser Valley and the North experienced the largest percentage increase in unit sales last year, while consumer demand edged lower in Victoria and on Vancouver Island.

BC residential unit sales in December dipped 1.7 per cent to 4,186 units, while the average MLS® residential price was 2.8 per cent lower than in December 2010.

Link

Kamloops Construction Hit $162.5 Million in 2011

This article was written by Jeremy Deutsch of Kamloops This Week on January 9th, 2012.

Despite fears of a double-dip recession and lingering issues with the harmonized sales tax, 2011 turned out to be a pretty good year for construction in the Tournament Capital.

The city handed out $162.5-million in building permits in 2011, which ended up to $40 million more than projected.

David Trawin, the city’s director of development and engineering services, said the year was saved by a strong showing in commercial and industrial development.

The city issued $57-million in commercial/industrial permits in 2011, including another $2.8 million in December, besting the previous year by $7 million.

Conversely, residential construction dropped significantly in 2011.

The city handed out $96-million in permits last year, down from $129 million in 2010.

As for 2012, Trawin is offering a conservative estimate — predicting the city will hit between $130 million and $150 million in permit value.

“I’m considering next year to be an average year for Kamloops,” he said.

However, there are some big projects expected to land on the department’s desk, including permits for a Telus data centre, an Interior Health Authority development in North Kamloops and a new Marriott hotel in Aberdeen, at the site of the former Home Hardware store at Pacific Way and Rogers Way.

Trawin also expects the commercial side of construction to remain strong in 2012.

“Those are the types of building permits that bring jobs into the community,” he said, adding the residential portion will eventually follow and rebound.

Though all the numbers might not mean much to the average Kamloopsian, Trawin noted the engineering department uses the statistics to budget and plan for the year ahead.

A full report on construction activity at city hall in 2011 is expected to be in front of council early this year.

The city has only topped $200 million in permits once — in 2008.

In that year, the city doled out $207 million worth of permits, which was a record.

In a 12-month period between 2009 and 2010, the city handed out $222.5-million in permits for 883 dwelling units.

That proved to be a record.

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