September 24, 2018 North Okanagan Residential Real Estate
Weekly Top Property - 1199 Mountain View Road, Armstrong, V0E 1B8
This 2 story house has a 7,598 finished floor area, which was built in 2005. Comes with 7 bedrooms and 6 baths, on a 39.7 acre lot. Listed on the market for $2,380,000. It sold in 86 days, for $2,000,000. 
39.7 ACRES of farmland in Armstrong BC. The irrigation well has a log that reads 400+ US GPM with underground hookups throughout the property and the domestic well that has a log reading 100+ US GPM. Beautiful energy efficient 2005 Main residence boasts 7598 sq ft with 7 bedrooms and 6 full bathrooms when you include the 3 bed 2 bath suite with it's own driveway and storage shed. Geothermal heating and air-conditioning for main house and suite, 2 large hot water tanks, built in vacuum and heated floor on lower level. Large 1632 sqft covered wrap around deck. The 980 sqft 2 bed 1 bath 2nd residence with den/storage room, 9’ceilings, new roof 2017, separate driveway and storage shed, large deck. Great for a large family or income potential. Outbuildings include a 2200 sq ft garage / shop / commercial kitchen and carport, 2 pole sheds 40'x40' and 30'x80'. A insulated workshop 38'x38' with power. The main residence features a master bedroom on the main and 3 bedrooms up including a master bedroom with a huge walk-in closet, 5 pce en-suite & private deck.
Based on 2016 taxes = $5,434
Here is a look at the basic statistics for residential real estate sales:
| Status: Sold (29) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $79,900 | $70,000 | 15 | 1 | |||
| Max | $2,380,000 | $2,000,000 | 585 | 7 | 8 | 7598 | |
| Avg | $612,128 | $575,669 | 102 | 4 | 3 | 2246 | |
| Sum | $17,751,699 | $16,694,400 | |||||
Criteria:
MLS is 'OMREB'
Major Area is 'North Okanagan'
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'
Compared to last week
| Status: Sold (45) | |||||||
| List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
| Min | $89,900 | $75,000 | 1 | 1 | 1 | ||
| Max | $1,499,000 | $1,345,000 | 272 | 6 | 4 | 4180 | |
| Avg | $481,996 | $458,797 | 76 | 3 | 2 | 1673 | |
| Sum | $21,689,800 | $20,645,875 | |||||
| Breakdown of the Sales for the Week | |
| Lots & Acreages | 1 |
| Manufactured Homes | 2 |
| Recreational | 0 |
| Single Family Residential | 18 |
| Strata - Apartments | 5 |
| - Townhouses | 3 |