New Listing: A227 Brooke Drive, South East, Chase, BC, $419,000

New Listing: A227 Brooke Drive, South East, Chase, BC, $419,000. Attention investors, first time buyers and everyone in between!

Half duplex with basement suite with R.V parking potential and full yard in Chase. Top floor has a large eat-in kitchen with new cabinets and countertops. Open concept main floor living has room to entertain with a spacious living room, four piece bathroom and 2 oversized bedrooms. Top floor also has a deck with backyard access. 

Basement has large rec room that could be kept for the main floor or used as a living room for the suite. Basement suite includes large eat in kitchen, 3 piece bathroom with 2 bedrooms. Laundry to be shared for both suites is accessed through the shed. Easy access to the highway and only 25 minutes to Kamloops!

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Kamloops Open House: Saturday February 3rd, 2024

This weekend’s Kamloops open houses will be held in Brocklehurst and Batchelor Heights. Addresses, dates, and times are included with each listing below. Contact us if you have any questions or would like to schedule a private showing.

1877 Gellrich Ave
Saturday February 3rd, 2024

Listed for $649,900. Link to information about this home.
Link to information about Brocklehurst
Listing Courtesy of Century 21 Executives LTD

1737 Pennask Terr
Saturday February 3rd, 2024

Listed for $594,900. Link to information about this home.
Link to information about Batchelor Heights
Listing Courtesy of Century 21 Executives LTD

New Listing: 481 Pevero Pl, South Thompson Valley, Kamloops, BC $1,499,900

New Listing: 481 Pevero Pl, South Thompson Valley, Kamloops, BC $1,499,900. This spectacular 5000+ sqft custom-built Rivershore home completed in 2022 is sure to please.

Step inside this level entry home and you will find a wide entryway with lots of room to get inside. A second entry off the garage features a large mud room with plenty of built in storage and a large adjoining laundry room. The open concept living/dining/kitchen area on the main floor is spacious and beautiful. In the kitchen you will find shaker-style cabinets, stone countertops, undermount sink, gas range with stone feature that matches the living room fireplace, stainless steel appliances, and a stunning commercial size Electrolux refrigerator. The large island has even more storage plus seating for 4. The adjoining butler’s pantry has further storage plus a sink for food prep.

A large dining room with two built-in bar refrigerators makes entertaining a breeze in this house. In the living room is a gorgeous gas fireplace feature and many windows that look out over the acreages to the West of the home. The living/dining area steps out to the large, covered deck with LED lights above, stairs to the yard, and lots of room for outdoor entertaining.

The primary bedroom suite on the main floor has plenty of room for king size bed and a seating area plus an additional door to the deck. The attached ensuite has double-vanity with undermount sinks, stone countertops, water closet, and an extensive tile shower with rainfall head above. Through the ensuite is an oversize walk-in closet with plenty of storage options. Also on the main floor are a 2pc guest bath and an office + guest bedroom with an adjoining 4pc Jack and Jill bathroom.

Downstairs you will find a separate entrance which walks out to the covered patio and is roughed in to allow for a future inlaw suite if desired. There are 3 additional bedrooms downstairs plus a 5pc Jack and Jill bathroom and another 3pc bath. The rec room has all the additional living space you need and has an adjoining storage room with stacked laundry unit for an inlaw suite if one is desired.  Also downstairs is a gorgeous theatre room, storage room, and a utility room.

The private backyard has lovely raised garden beds and lots of yard space to enjoy without being too much to maintain. The gate out back even allows for quick drive through access for your golf cart. The garage space in this home is unparalleled in the neighbourhood. There is a large double garage plus a massive 39’ x 14’ over height bay that allows for covered RV parking. If still needing more space, there is an additional workshop/golf cart garage under the suspended slab with access from the back yard. Don’t miss this incredible home in a sensational golf course community.

Click Here to view more photos of this home.

Click Here to view a video tour of this home.

To view all homes for sale in Kamloops click here.

To view more about the neighborhood click here.

BC Housing Market Set to Rebound AmidstChanging Interest Rate Environment

BCREA 2024 First Quarter Housing Forecast Update

Vancouver, BC – January 25, 2024. The British Columbia Real Estate Association (BCREA) released its 2024 First Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in BC are forecast to increase 7.8 per cent to 78,775 units this year. In 2025, MLS® residential sales are forecasted to strengthen further, rising to 86,475 units

“In 2023, the housing market faced headwinds due to elevated mortgage rates, but the recent decline in fixed mortgage rates and potential Bank of Canada rate cuts present an optimistic outlook for 2024,” said Brendon Ogmundson, Chief Economist. “As we navigate through 2024, we expect a delicate balance between rising sales and normalizing inventories, which should lead to a relatively quiet year for prices.”

With substantial progress in bringing inflation back to 2 per cent and a softening in economic growth and employment, there is less necessity for monetary policy to remain stringent. Therefore, we anticipate the Bank of Canada will begin to lower its policy rate this year, leading to higher provincial home sales. The ultimate impact on prices hinges entirely on how inventory evolves this year. While risks to the economy remain, our view is that new listings normalize following a lull in activity last year. That normalization of new listing activity should result in a more balanced market this year with relatively stable pricing.

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.

“Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of this information.

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