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The HOLM Stretch | October 18, 2024
Chris Holm & Associates
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
We want you to know that our team is unique in the way we chose to approach real estate here in the North Okanagan. We are a true real estate co...
Thanks for stopping by!
Thinking about ways to increase your home’s value before selling?
Making strategic renovations can help you stand out in the market and maximise your return on investment.
According to the Appraisal Institute of Canada, some of the most valuable home renovations include upgrades to the kitchen, bathroom, and even a simple fresh coat of paint. A kitchen renovation alone can recoup up to 75% of your investment, while bathroom updates can bring in 85%.
🏡 Kitchen Renovation: A modern kitchen is a big draw for buyers. Just be mindful—experts recommend keeping your renovation budget under 15% of your home’s total value.
🛁 Bathroom Remodel: Similar to the kitchen, bathroom updates can deliver a high return. Focus on cosmetic changes like new fixtures, tiles, or a fresh coat of paint to make the space feel updated and inviting.
🎨 Interior & Exterior Painting: A fresh coat of neutral paint is one of the easiest and most cost-effective ways to increase value and attract more buyers.
🚪 Windows & Roof Replacement: Essential updates like replacing old windows or fixing the roof can return up to 75% of your investment. Buyers love the peace of mind that comes with knowing these big-ticket items are in good shape.
Remember, it’s important to prioritize renovations that add true value, while also ensuring your home is well-maintained.
If you have any questions about which renovations make the most sense for your home, feel free to reach out—we hope this is helpful!
Talk soon,
Chris, Patric, Julie, Jasmine, Kristi & Brell
THE TEAM AT CHRIS HOLM & ASSOCIATES
In North Okanagan Real Estate
As of the morning of Friday October 18, there are 921 homes showing as active listings here in North Okanagan. On October 11, there were 957 homes active.
Sales ranged from $235,000. to $3,350,000. Days to sell ranged from 13 to 324. 11 listings expired, 29 were cancelled.
43 prices were reduced over the last week. 0 prices increased.
Scroll down for our market recap for Vernon, Armstrong, and Coldstream real estate activity in the last 7 days.
$210,000.
Low Sale
35
New Listings
$3,300,000.
High Sale
33
Listings Sold
COMING SOON
Armstrong BC Real Estate | 2435 Pleasant Valley Road #303
We are working on this listing right now....
ICYMI...
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WHAT'S HAPPENING?
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Take your home from meh to market-ready in 30 days.How?With the latest guide on our blog. We’ve got a week-by-week breakdown of how to declutter, repair, upgrade, and list your home in one month.Use the tips to list quickly and easily and sell your home for top dollar.
Ready?
How to Get Your Home Ready for the Market in 30 Days
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WEEKLY REAL ESTATE REPORT
Armstrong BC Real Estate Recap
A look at Armstrong Spallumcheen Market Activity for the last 7 days.
3
New Listings
2
Listings Sold
0
Price Up
3
Price Down
Vernon BC Real Estate Recap
A look at the Vernon market activity in the last 7 days
20
New Listings
24
Listings Sold
0
Price Up
31
Price Down
Coldstream BC Real Estate Recap
A look at Coldstream market activity over the last 7 days
3
New Listings
3
Listings Sold
0
Price Up
4
Price Down