Okanagan Shuswap – Residential Property Sales Jan. 21, 2018

Things are already heating up in the our real estate region, with over 100 sales reported last week.

Here is a look at the Basic Statistics for Okanagan Shuswap residential real estate sales from Revelstoke to Peachland.

Okanagan Shuswap Properties for Sales (111)

Status: Sold (111)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$59,900	$51,000	5
	Max	$1,650,000	$1,660,000	514	7	5	5848
	Avg	$486,897	$475,083	97	3	2	1685
	Sum	$54,045,550	$52,734,247

Criteria:

MLS is 'OMREB'
Major Area is one of 'Central Okanagan', 'North Okanagan', 'Shuswap / Revelstoke'
Sold Date is 1/15/2018 to 1/21/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (87)
		List Price	Sold Price	DOM	Beds	Total Baths	Finished Floor Area
	Min	$13,000	$11,500	14	1	1
	Max	$7,850,000	$6,802,300	934	6	6	10613
	Avg	$574,622	$549,286	101	3	2	1687
	Sum	$49,992,134	$47,787,898

Here is a look at what the dollar was buying across the 3 zones.

Central Okanagan – #303 457 West Avenue, Kelowna, V1Y 6J6

This one bedroom, two bath apartment was built in 2008. It has 969 square feet of finished floor area. This unit was offered at$499,000 and in 121 days it was sold for $475,000.

Luxurious, immaculate one bedroom, 1.5 bath condo. This beautifully cared for open concept unit has high ceilings, hardwood floors, a spacious kitchen with Corian counters and stainless steel appliances. The master suite has two closets and an ensuite with double sinks and separate tub & shower. Private deck with a peek-a-boo lake view. This is a “green” building, with geothermal heating/cooling and acoustic engineering between floors. Comes complete with a laundry/storage room, separate storage locker and secure entry. Pets and rentals allowed (with some restrictions).

North Okanagan – 6451 Bluejay Road, Vernon, V1H 1W5

This rancher with basement was built in 1973. With 3 bedrooms, 2 baths and 2,290 square feet of finished floor are, this unit was offered at $475,000. In only 36 days, it was sold for $474,000.

Marketed as:
This beautifully maintained 3 bedroom, 2 bathroom rancher with a full basement is infused with lots of warm, natural light. There is a gorgeous panoramic view of swan lake that can be enjoyed on the 10x30 deck during a summer BBQ. There are many upgrades to the home including windows, doors, laminate flooring, carpet, paint, trim and so much more. Warm yourself up in the living room sitting next to the wood fireplace. Basement has a large family room and an office that can easily be converted into a 4th bedroom.

Shuswap – 691 1 Avenue, SE Salmon Arm, V1E 1G7

Built in 1987, this 4 bedroom, 2 bath home has 2176 square feet of finished floor area. The home was offered at $469,000. In 37 days, it was sold for $455,000.

Marketed as:
On the main floor you will see a large open area that comprises a living room, a dining area with patio doors out to a covered new Vinyl surfaced deck with Wrought Iron Railing to enjoy the City lights at night, and the expansive mountain views and even some lakeview by day. You will enjoy the kitchen with SS appliances, a N/G Range,lots of cabinets, & Island w/eating bar. The two bedrooms are spacious as is the 4 pc. bathroom. You will also notice the generous amount of storage. Downstairs will not disappoint either!! It features 2 bedrooms plus a den (which could be a small bedroom), a convenient kitchen with SS Fridge and Stove, a spacious entry with in unit laundry, and again lots of storage. As an EXTRA BONUS there is a detached Studio/shop or ?? The yard is fenced and there is loads of parking (enough for your RV, Boat, etc.) New roof on both the house and the Studio, along with new furnace, Hot Water Tank, Windows with Hardy trim, lighting, faucets, plus Vinyl Plank flooring both up and down with cork underlay.

Breakdown of the Sales for the Week
Lots & Acreages	11
Manufactured Homes	3
Recreational	2
Single Family Residential	62
Strata - Apartments	28
- Townhouses	5

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