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Shuswap Residential Real Estate Report May 27, 2018


Weekly Top Property -     4131 20 Street, NE Salmon Arm, V1E 2G9 

This rancher with basement has 4,040 finished floor area, and was built in 1979.  With 4 bedrooms and 3 baths on a 3.01 acre lot, it listed on the market for $899,000.  It sold in 17 days, for $850,000.  According to the history records, the documents show that this is the first time it has been listed on the market.
         

Marketed as:

Spectacular 3 acre estate offering privacy with beautiful lake and mountain views. Nestled among the trees you will find this rancher with a walk-out basement which offers 4000 sq. ft., plenty of room for the whole family. This home features a spacious eat-in kitchen complete with wood burning fireplace, formal dining room and a sunken living room with gas fireplace both with gorgeous tongue-and-groove feature ceiling plus a large sunroom to enjoy the beautiful views year round. The basement offers the perfect entertaining space with a large rec room including gas fireplace and an attached games room with walk-out access to the back yard and covered patio, workshop with exterior access, sauna and plenty of storage space. This 3.01 acre lot features an outdoor fire pit area, mature trees, lots of grassy space for the kids to play & plenty of extra parking for all of your guests.
Based on 2017 taxes = $6,101

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

Status: Sold (25)


List Price

Sold Price

DOM

Beds

Total Baths

Finished Floor Area

Min

$59,000

$55,000

3

1

1


Max

$899,000

$850,000

1793

5

3

4044

Avg

$340,880

$328,852

119

3

2

1457

Sum

$8,521,999

$8,221,300





Criteria:  

MLS is 'OMREB'

Major Area is 'Shuswap / Revelstoke'

Sold Date is 5/21/2018 to 5/27/2018

Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'


Compared to last week

Status: Sold (25)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$32,000
$32,000
11
2
1

Max
$1,400,000
$1,135,000
402
5
4
4150
Avg
$435,168
$408,207
87
3
2
1615
Sum
$10,879,200
$10,205,180




Breakdown of the Sales for the Week
Lots & Acreages

4

Manufactured Homes

3

Recreational

1

Single Family Residential

13

Strata - Apartments

2

           - Townhouses

2

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