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September 24, 2018 Shuswap Residential Real Estate

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

Weekly Top Property -     722 Grandview Bench Road, SE Salmon Arm, V1E 2X9

This rancher with basement has a 2,636 finished floor area, which was built in 1975.  5 bedrooms and 2 baths on a 33 acre lot.  Listed on the market for $1,160,000.  It sold in 72 days, for $1,120,000.  
        Marketed as:       

This scenic farm has so many features: two residences, hayfields, pastures, corrals, a pond and a creek, and two outdoor riding rings, plus trails right off the property. It has a bright, sunny exposure year-round, and is well set up for livestock: perimeter fenced and cross-fenced, with loafing sheds, automatic waterers and stand pipes. The numerous outbuildings are on concrete foundations, and include a two-bay shop (28'x42') with four-bay implement shed attached (28'x56'); a main barn (80'x130') with 6 stalls and heated tack room; a storage barn (52'x96'); plus a haybarn (34'x96'), a concrete (90'x60') manure pit. The comfortable main house has four bedrooms, an office, and two bathrooms. The second residence is a cozy two bedroom, one bath, set well apart from the main house. Both have highly efficient aerothermal heating systems.

Based on 2018 taxes = $2,057

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

Status: Sold (27)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$22,000
$21,500
11
1
1

Max
$1,160,000
$1,120,000
3088
6
3
2975
Avg
$329,963
$318,978
248
3
2
1052
Sum
$8,909,000
$8,612,407




Criteria:  

MLS is 'OMREB'
Major Area is 'Shuswap / Revelstoke'
Sold Date is 9/17/2018 to 9/23/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Days on the market? Yes - there was a lot that was listed in 2010 that sold last week... One MLS number.... so that skews the average somewhat!


Compared to last week

Status: Sold (23)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,900
$55,000
13
1
1

Max
$729,000
$720,000
462
5
4
4208
Avg
$370,739
$358,500
95
3
2
1749
Sum
$8,527,000
$8,245,500




Breakdown of the Sales for the Week
Lots & Acreages

9

Manufactured Homes

1

Recreational

2

Single Family Residential

14

Strata - Apartments

0

           - Townhouses

1

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