Shuswap Residential Real Estate Report Feb 19, 2018
Weekly Top Property - 1113 4TH(Willow Inn Trailer Park) Street, E Revelstoke, V0E 2S0
Marketed as:
Outstanding Opportunity! Own this Trailer Park with 12 pads and Cabin on 1.73 rare flat acres of Land with stunning views close to Revelstoke's Downtown Core, and also directly along the main route to Revelstoke Mountain Resort. Enjoy solid revenues and/or perhaps seek a zoning transition to implement critically needed new higher density housing. Municipal Sewer and Water are directly available, and may be expanded to accommodate and facilitate further development. Alternately, live in and enjoy the cabin situated on the property while realizing a steady return on investment; or perhaps add a brand new (or used) manufactured single or double wide of your choice on extra large Lot 1 for your own home, while renting out the 11 remaining pads and the cabin for steady revenues. Possibilities abound!
Based on 2017 taxes = $1,944
Here is a look at the basic statistics for residential real estate sales in the Shuswap Zone:
Status: Sold (8) | |||||||
List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
Min | $144,000 | $115,000 | 7 | 2 | 1 | ||
Max | $779,000 | $725,000 | 2497 | 4 | 3 | 2624 | |
Avg | $388,950 | $372,625 | 402 | 3 | 2 | 1224 | |
Sum | $3,111,600 | $2,981,000 |
Criteria:
MLS is 'OMREB'
Major Area is 'Shuswap / Revelstoke'
Sold Date is 2/12/2018 to 2/18/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'
Compared to last week
Status: Sold (12) | |||||||
List Price | Sold Price | DOM | Beds | Total Baths | Finished Floor Area | ||
Min | $35,000 | $32,500 | -1 | 2 | 2 | ||
Max | $1,195,000 | $1,115,000 | 614 | 6 | 4 | 4500 | |
Avg | $458,933 | $437,500 | 181 | 4 | 3 | 1396 | |
Sum | $5,507,200 | $5,250,000 |
Breakdown of the Sales for the Week | |
Lots & Acreages | 3 |
Manufactured Homes | 0 |
Recreational | 0 |
Single Family Residential | 4 |
Strata - Apartments | 0 |
- Townhouses | 1 |
Meta Keywords: Shuswap Real Estate Report
Blog Tags: February,2018, this week in the Shuswap area