New Listing: 25-240 G&M Rd, South Kamloops, BC $198,500

South Kamloops

New Listing: 25-240 G&M Rd, South Kamloops, BC $198,500. Centrally located in Leanard Estates, this cute 2 bedroom has a lot of space inside and out.

Open layout and set up for easy access with a wheelchair ramp and oversized bathroom with a cut out in the bathtub so you can walk in. Home has been well maintained and is move in ready. 

Outside there is lots of flat parking, covered patio and 2 storage sheds. No homes behind the yard and an extra big lot so you don’t feel crowded.

Close to the golf, driving range, shopping and more. Quick possession possible. 

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Sold: 5760 Todd Hill Cres, Dallas, Kamloops, BC $679,900

Dallas

Sold: 5760 Todd Hill Cres, Dallas, Kamloops, BC $679,900. Tastefully updated Dallas home sitting on over a half acre lot with potential to put a basement suite in, subdivide or build your dream shop.

This home features two large bedrooms on the main floor and a 4 piece updated bathroom. There’s hardwood flooring throughout the main living space and includes a large living room with huge picture window for natural light, dining room and kitchen with updated cabinetry. Walk out to your covered patio off of the dining room. There is a huge yard that is fully fenced.

The basement level includes two additional bedrooms, a large family room, 3 piece bathroom, mudroom and laundry room. There is a separate entrance to the basement making it easy to suite. This property is located minutes to recreation, shopping and steps to the local elementary school. This property has huge potential for subdivision or to build your dream shop and install a pool. Subdivision would be subject to City approval and seller does not make any warranties regarding subdivision.

Other features include single car garage, tons of parking, updated roof and windows. Meticulous home that is a pleasure to show.

Showings available Wednesday, Thursday, Friday between 4 and 7, Saturday between 11 and 7 and Sunday from 11 until 2:30.

Offers will be reviewed after showings complete on Sunday March 28th. 

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Sold: 109-2575 Elston Drive, Westsyde, Kamloops, BC, $659,900

Westsyde

 

Sold: 109-2575 Elston Drive, Westsyde, Kamloops, BC, $659,900. Basement entry home with full daylight walk out basement, corner lot and backing on to open space.

Located in Oak Hills in Westsyde, this home features a great room open floor plan on the main floor with engineered hardwood . There are 9 foot ceilings throughout the home. The kitchen features stone countertops and lots of cabinetry.

The main floor includes 3 bedrooms a full 4 piece main bathroom and 3 piece ensuite. Off of the living room walk out to the fully covered 12×10 deck with natural gas and beautiful north eastern views.

The basement level is ready for a 1 bedroom inlaw suite. There is a large family room, one bedroom and a full 4 piece bathroom. Rough ins for a second laundry.

Walk out to a second covered patio and yard space. This home has a yard for kids or pets and is located at the end of a cul-de-sac with lots of privacy.

Other features include a double garage that is 19×20 and driveway parking. Located minutes to the Rivers Trail, parks, transportation and a local corner store. Westsyde shopping 5 minute drive and 15 minutes from downtown.

Bare land strata fee is $137/month and includes water and sewer charges. This home comes fully landscaped with irrigation. GST applies. Projected completion by mid-late February.

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BCREA Housing Market Update for April 2021

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

BC Real Estate Association (BCREA) Chief Economist Brendon Ogmundson discusses the March 2021 statistics.

BCREA has released it’s latest Housing Market Update for April 2021. A historical record was set for BC home sales in March which reached 15,073 units passing the record back from May 2016. Lower mainland sales were up 123% over last year. This percentage increase in sales however is a bit misleading as March 2020 BC was in a lockdown due to Covid 19 and April 2020 was still a slow month due to this. Residential listings were down 24.4% year over year which has fueled the market province wide. New listing activity has started to accelerate in response to high prices of homes. Provincially it is a Seller’s market with approximately 1.5 months worth of inventory placing the market strongly in Seller’s market territory. The provincial average for homes rose to $947,707 a record high for BC which is 20.3% year over year. Every region of the province saw a double digit rise in average price and the majority of board areas in the province saw 20% percent year over year increases in average price. A lot of this rise is due to a larger number of higher priced homes selling bringing the average price up.

Kamloops for the month of March 2021 saw 372 unit sales which was an increase of 69.1%. The average price rose to $545,915 which was a 27.5% increase year over year. The number of active listings for the month of March was also down 33% leaving 1.8 months worth of supply of homes for sale. The Kamloops market continues to see Buyers coming from other areas, largely from the Lower Mainland and Fraser Valley regions. Recently I reviewed the statistics for Kamloops and where buyers were coming from. 69.9% of buyers are from the Kamloops and area, Greater Vancouver accounted for 11.8%, Fraser Valley 4.5%, Okanagan and Kootenays 5%, Central and Northern BC 4.3%, Alberta 2.6%, Vancouver Island 1%, rest of Canada 0.7% and US 0.3%. If you take the Lower Mainland, Island and Fraser Valley combined we see that approximately 17.3% of the buyers for Kamloops and area homes are coming from those regions.

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