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Okanagan Shuswap – Residential Property Sales July 30, 2018

In our look across the 3 real estate zones this week we compare a townhouse, an acreage and a single family home - all purchased last week, near the average half million dollar price point. Sales reported up
Basic Statistics
Okanagan Shuswap Properties for Sales (185)

Status: Sold (185)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$38,500
$12,000
10



Max
$2,950,000
$3,301,000
1207
7
7
6187
Avg
$556,059
$539,598
70
3
2
1821
Sum
$102,870,853
$99,825,595




Criteria:





MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
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 (166)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$25,000
$21,000
2



Max
$5,549,000
$5,050,000
298
7
7
4990
Avg
$579,065
$559,869
57
3
3
1790
Sum
$96,124,798
$92,938,250




Central Okanagan -     1946 Ethel Street, Kelowna, V1Y 2Z5

Built in 2018, this townhouse has a 1,283 finished floor area.  3 bedrooms, and 3 baths.  The listed price was $549,900.  It sold in 37 days for $539,000.

    

Marketed as:

Craftsman style exterior with fresh and clean finish on the inside including quality vinyl plank flooring, quartz counters, stainless steel appliances including a gas stove! This 3 beds, 2.5 bath home is sure to please! Bonus includes a nice city size yard with your own covered space in the garage with additional storage. Efficient cooling & heating system!  Beautiful 2 storey townhome, a perfect first home or investment!

North Okanagan -         8864 Buchanan Road, Coldstream, V1B 3B9

This vacant 9.94 acre parcel was for sale at the price of $625,000.  In 54 days, it was purchased for the price of $515,000.  
         
                   Marketed as:

A rare opportunity to own a fantastic 9.94 acre Coldstream acreage. Access from either Buchanan or at the bottom of the lot at Binn (undeveloped) Road. Fenced, fully irrigated, close proximity to Vernon. Zoned ALR. Relatively level with great building sites. Land has new seeded crop.

Shuswap –           1541 15 Avenue, SE Salmon Arm B.C., V1E 2E8

Built in 1973, this rancher with basement has a 2,810 finished floor area 4 bedrooms, and 4 baths.  The listed price was $539,000.  It sold in 64 days for $497,000.


        
Marketed as:

Rancher with self contained basement bachelor suite.  The main floor boasts just over 2000 sq/ft with 4 beds and 2 1/2 baths. Recent kitchen renovation is the dream spot for the chef in the family and entertaining with friends. Granite counter tops, lots of cabinets space, island with eating bar all open to the dining area and cozy sitting area, making this the hub of your new home. Patio doors open on to a covered view deck, with Shuswap Lake and the mountains as the backdrop. Separate, formal sunken living area with a fireplace, a great place to relax. Spacious Master bedroom with 4 pcs ensuite and walk in closet. New Hardie siding and windows wrap this home with fantastic curb appeal. Enter from the carport to a mudroom with laundry and storage closets for the family gear. 1/3 acre fully landscaped lot, single car carport and attached single car garage, with lots of extra vehicle parking and room for the RV. The basement is self contained bachelor suite to help with the mortgage, with a separate entrance and patio space. Great yard for the kids and animals to roam.

           

Breakdown of the Sales for the Week
Lots & Acreages

9

Manufactured Homes

5

Recreational

6

Single Family Residential

110

Strata - Apartments

31

           - Townhouses

24

       




          


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