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Shuswap Residential Real Estate Report Feb. 4, 2018

Just a couple more sales week over week in the Shuswap zone - and far fewer here than in the North and Central Okanagan.

Weekly Top Property -       6690 20 Avenue, SE Salmon Arm, V1E 1X4

Marketed as: 
20 ACRES.  Full 3 Bedrms & 2 Batrhrms on main floor with a walk-out nanny suite in the lower level, Lots of great upgrades including the kitchen & hardwood floors. Very private, set back from the dead end country road. Offers a 28x32' steel shop with large OH door & a detached 16x18' heated workshop. Lots of cleared roadways including the entire perimeter of the property.  Great water system with 332 Ft deep well that feeds two cistern water tanks; one for drinking and one for irrigation, professionally installed. Timers fill the drinking water cistern for endless amounts of water. Heated with propane gas furnace & wood stove. Huge decks to enjoy the peaceful surroundings.

Based on 2017 taxes = $3,790

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

Status: Sold (17)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$98,000
$90,000
15
1
1

Max
$689,000
$676,000
720
4
3
2600
Avg
$322,012
$312,832
205
3
2
1193
Sum
$5,474,200
$5,318,150




Criteria:  


MLS is 'OMREB'
Major Area is 'Shuswap / Revelstoke'
Sold Date is 1/29/2018 to 2/4/2018
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (15)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$50,000
$40,000
14
2
1

Max
$709,000
$700,000
343
5
3
3372
Avg
$417,513
$406,257
127
3
3
1642
Sum
$6,262,690
$6,093,860




Breakdown of the Sales for the Week
Lots & Acreages

6

Manufactured Homes

0

Recreational

0

Single Family Residential

8

Strata - Apartments

2

           - Townhouses

1


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