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North Okanagan Real Estate Report - July 30, 2018

Brenda Ellis

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with...

Oct 29 3 minutes read

Number of property sales reported increased this week, as did the average sale price ( $523,353.) and the subsequently - the total sales volume = over $30 million.

Weekly Top Property -     8349 Okanagan Landing Road, Vernon, V1H 1J5

.  This 2 story house has  5,462 of finished floor area, and was built in 1992.  4 bedrooms and 6 baths, on a 0.35 acre waterfront lot.  Listed on the market for $2,900,000.  It sold in 224 days, for $2,390,000.  
    

 Marketed as:      

Available fully-furnished and outfitted with an incredible amount of extras and amenities.  Inside, an open-concept awaits on the main floor with a handsome corner gas fireplace in the living room, accented by a neighbouring bar that is perfect for entertaining. Nearby, a spectacular gourmet kitchen contains medium wood cabinetry, granite cabinetry, stainless steel, and more. An expansive deck from this floor is prepared for endless al fresco dining. All bedrooms are located on the upper level, with a master bedroom taking center stage with a walk-in closet, ensuite bathroom with heated flooring, rain shower, and private access to the upper deck. Three additional bedrooms each contain a private ensuite bathroom. Below the main floor, a massive family room awaits for hours of lakeside enjoyment on the large 100 foot of waterfront. Outside, a large dock with boat and Seadoo lift area ideal for the included boats and Seadoos.


Based on 2017 taxes = $10,427

Here is a look at the basic statistics for residential real estate sales:

Status: Sold (60)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$69,900
$69,900
11
1
1

Max
$2,690,000
$2,390,000
298
7
6
5462
Avg
$542,770
$523,353
77
3
3
1878
Sum
$32,566,195
$31,401,171





Criteria: 



MLS is 'OMREB'
Major Area is 'North Okanagan'
Sold Date is 7/23/2018 to 7/29/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
 
 

Compared to last week

Status: Sold (48)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$69,000
$65,000
2
1


Max
$989,000
$994,000
298
5
5
3257
Avg
$402,171
$394,078
60
3
2
1514
Sum
$19,304,200
$18,915,750




  

Breakdown of the Sales for the Week
Lots & Acreages

4

Manufactured Homes

1

Recreational

1

Single Family Residential

42

Strata - Apartments

4

            - Townhouses

8

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