Vernon Real Estate Pages by Silver Star Media

VERNON & AREA

Armstrong Enderby Lumby

TheRealEstatePages.ca To see your home displayed here contact your RE/MAX® REALTOR® Issue 4 • Mar 5 - Mar 18, 2017

Greg Barteluk RE/MAX Vernon

Robin Baycroft*

RE/MAX Vernon

RE/MAX Armstrong

Mike Beck

Larry Bennetto

Murray Bennetto

Maria Besso

Krista Blankley*

Don Cowan

Doug Cuthbert*

Ryan Danchuk

Brandy DeBartolo

Don Defeo*

Craig Demetrick

Marty Gilbert* Lawanda Henderson

Chris Holm*

Connor Hutchinson

Tannis C. Lavik

V. Charlette Lavik

Glenn Beach

RE/MAX Vernon

Kathy Broderick* Christa Cleverley RE/MAX Vernon

RE/MAX Lumby

Debbie Fisher

Gord Fowler

Jacquie Friesen RE/MAX Vernon

RE/MAX Armstrong

Don Kassa

Christie King

Heidi Klein*

John Kristian*

Graeme Magee

Ken Magel

RE/MAX Enderby

RE/MAX Commercial Solutions

Teresa Prince

Dave Pusey*

Claire Radford*

RE/MAX Vernon

RE/MAX Commercial Solutions

RE/MAX Vernon

Armstrong

Woody Kuraoka RE/MAX Lumby

RE/MAX Vernon

Lisa Salt*

Tammy Stein

Brent Stevenson

2555 Pleasant Valley Blvd 5405 26 St Armstrong, BC V0E 1B0 Vernon, BC V1T 7G4 250.546.3119 250.503.3477

RE/MAX Vernon

Jayme McKillop Shane McMorran*

RE/MAX Vernon

Commercial Solutions

Each office independently owned and operated.

Roger Gates

RE/MAX Vernon

Greysen Marsh

RE/MAX Vernon

Priscilla Sookarow Cheryl Soleway RE/MAX Priscilla

RE/MAX Vernon

Enderby

908 George St Box 188 Enderby, BC V0E 1V0 250.838.0025

*Denotes Personal Real Estate Corporation

RE/MAX Vernon

RE/MAX Armstrong

Tracy Lauriente RE/MAX Vernon

RE/MAX Vernon

Chris Santos

Beate Schmidt

Darlene Scott

Alan Stier

Dawn Taylor*

Avrill Trach

RE/MAX Priscilla

Lumby

2095 Shuswap Ave Lumby, BC V0E 2G0 250.547.9266

RE/MAX Priscilla

RE/MAX Vernon

RE/MAX Armstrong

Joanne Pappin Rachel Pasemko-Almaas* Heather Paulsen RE/MAX Vernon

RE/MAX Vernon

Vernon

RE/MAX Lumby

RE/MAX Vernon

RE/MAX Priscilla

Jen Sellar

RE/MAX Vernon

Charlie Veaudry* RE/MAX Vernon

Vernon (Silver Star Office) 5603 27 Street 108-152 Silver Lode Lane Vernon, BC V1T 8Z5 V1B 3W9 250.549.4161 250.549.4161

Shelby Bouchard RE/MAX Vernon

Sandra Bradley* RE/MAX Vernon

Norm Brenner* RE/MAX Vernon

Stefe Brenner*

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RE/MAX Vernon

RE/MAX Commercial Solutions

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Alex Wambold RE/MAX Vernon

Cliff Wenger RE/MAX Vernon

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TheRightAgents.com

We hope you enjoy our magazine brought to you by the RE/MAX REALTORS of the North Okanagan and Silver Star Media Inc. ®

To see your home advertised here call one of these RE/MAX agents today.* ®

Kari Wilton RE/MAX Vernon

Brad Marsh

Managing Director *Not intended to solicit properties already listed for sale.

Each office independently owned and operated.

Silver Star

Coldstream

Okanagan Landing

1 - 9843 Silver Star Road

444 Ridgemont Drive

6060 Okanagan Landing Road

A four season retreat! Newly renovated, bright & well planned 2 bedroom unit. Gas fireplace. Ski room. Laundry. Covered deck with hot tub. Prime slope side location with ski-in/out access directly below Alpine Meadows chairlift! Walk to the Village, Brewer’s Pond, & Tube Town! No strata fees.

Sprawling 3300 sf, level entry home. Stunning views! Private .49 acre yard. New hardwood floors, paint, & hot water tank. Open living areas. Huge deck. Walkout lower level. Spacious family room. Summer kitchen. Dbl garage with new doors. Newly paved driveway. Extra parking

DEVELOPMENT POTENTIAL! 2 Acres of level land bordering Long Lake Creek. Walk to Kin Beach on Okanagan Lake, schools, and parks! Artisan well! Solid 4 bedroom +den home with full basement. Family rooms up and down. Huge deck overlooking 18 x 36’ in-ground pool. 24 x 40 Shop with 220 wiring. Room for a horse!

$319,900

$599,000

$797,000

mls 10128989

Coldstream

mls 10129117

Coldstream

mls 10119463

Silver Star

Walk to Beach & College

9989 Cathedral Drive

Spectacular Kalamalka Lake view! Walk to the beach, college & new sports facility! Level entry, 5 Bedroom, 3.5 bath home with spacious, open design and walkout lower level. Covered patio & decks with unobstructed lake views. Family & media rooms! Bonus room for your gym or shop! Triple garage. Easy care yard.

One of Coldstream’s most sought after neighborhoods! Easy stroll to Kalamalka Lake, beaches, boat launch & schools. One level, 3 bedroom, 3 bath home. New Travertine tile. Large .42 acre, gated and private yard. Heated pool, hot tub & Pool Cabana! Generous triple garage.

Premium, fully furnished, 3 level, half duplex, ski home on The Ridge! Ski-in/out onto the Silver Queen run! Open design. 4 Bedrooms, 4 full & 2 half baths! Vaulted ceilings, walls of glass to view the Monashee Mountains! Deluxe media room! Ski room. Sauna. Covered deck with hot tub.

$939,000

$939,900

$1,190,000

mls 10124099

Real Estate Market

mls 10125673

To Buy or not to Buy - To Sell or Not to Sell To invest? To refinance? First home? Vacation home? Downsizing?

Priscilla

mls 10120406

Expert crystal ball readings daily – FREE! Also complimentary and confidential consultation for all your Real Estate needs

250.549.7050

OkanaganHomes.com | 250.549.7050

Middleton Mountain

Lots 2 -13 McLeish Road

947 Mt Begbie Drive

905 Mt Bulman Drive

Exclusive Neighborhood of Small Acreages. 'Boss Creek' a 600 acre residential neighborhood in BX. Minutes to schools & Downtown Vernon. Valley & lake views! Backing onto Crown Land! Gated entry. Private hiking trails. Municipal water. 2.5 - 6.5 acre lots. NOW SELLING PHASE 1.

Quick Possession! Immaculate 3 bedroom + den, 3 bath family home with fenced yard, hot tub, garden, fruit trees. Close to beach & park! Open plan. Maple kitchen. Solid oak hardwood. Screened front deck with view! Double garage.

Immaculate, one level, 4 bedroom, 3 bath home family home with maple cabinets, engineered hardwood. Family room & media room! In-law suite potential! Security. Private yard with underground sprinklers. Double garage.

Starting at

$583,900

mls 10129055

$339,000

mls 10128797

$599,000

mls 10125549

Okanagan Landing

Lavington

Coldstream

1002-7343 Okanagan Landing Road

5210 Reid Road

11100 Coldstream Creek Road

Okanagan Lakeshore living. Beautiful beach level suite. 2 Bedrooms + den, 2.5 baths. Private patio, with fireplace & BBQ. Boat slip, outdoor pool, roof top putting green. Furnished. 2 Underground parking stalls. Onsite management. Excellent lock-and-leave Okanagan Lakeshore property!

Home With 15 Acres & Barn. Gently rolling. Located at the base Blue Nose Mtn. Fenced & x-fenced. Hay & equipment. shed. Great horse set-up, 10 stall barn, heated tack room. 3 Bedroom home with newer furnace & hot water tank!

8.78 Acre Coldstream estate with gorgeous, panoramic Kalamalka Lake & valley views. Boarding Kalamalka Provincial Park. Multi-level, 3+ bedroom home with nanny suite! Large view deck with hot tub. Quality craftsmanship.

$729,000

$819,900

$1,595,000

mls 10128928

mls 10126574

Heather Paulsen

Alan Stier

Craig Demetrick

REALTOR

heather@okanaganhomes.com alan@okanaganhomes.com craig@okanaganhomes.com

mls 10129459

Barb Williamson* Priscilla Sookarow REALTOR®/Managing Broker

Owner/REALTOR®

barb@okanaganhomes.com info@okanaganhomes.com *Personal Real Estate Corporation

See us at RE/MAX Vernon 5603 27 Street Vernon, BC

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Vernon is pleased to welcome back Cheryl Soleway to our team of professionals. Cherrl joined our RE/MAX team in 2007 specializing in family residential, resort and lakeshore living in Vernon, Coldstream and Lake Country areas. In 2015, with a need to know more, Cheryl studied and successfully distinguished herself as a real estate broker. After gaining valuable insight and expertise operating her own real estate brokerage, Cheryl has “come home to RE/MAX” with the understanding that in today’s market it is essential that clients are given every advantage possible and the international exposure offered by RE/MAX, does just that. Cheryl and her husband Jay are adjusting to their “empty nest” lifestyle living at beautiful Predator Ridge Golf Resort... Life is very good!! To experience the quality, service and expertise you deserve call, Text or email Cheryl to discuss your real estate needs.

Cheryl Soleway 250-308-8093

g in st Li

104 -8000 HIGHLAND ROAD - VERNON Swan Lake Recreation Resort. The perfect investment for snowbirds seeking ‘lock & leave’ in the Winter or live year round with ease & comfort. An immaculate 1 bedroom/1 bath that easily accommodates guests and features a salt water pool, hot tub, and of course ‘happy hour!’ Kick back and enjoy the convenience this leisurely lifestyle has to offer! MLS# 10128642 - $180,000

2076 HUNTER CRES. - ARMSTRONG

3662 SMITH ROAD - FALKLAND

L SO

Charming (2) Bdrm/2 bath Rancher updated throughout and minutes from the Armstrong Royal York Golf Course. MLS#101220727 $398,000

V. Charlette Lavik 250 307 5588

Exquisite equine property on 23 acres! Pristine & private 3B/2B Rancher, 30x20 workshop, hay storage, 10 stall pole barn & 100x200 riding arena. MLS#10122835 $647,000

Charlette & Tannis lavikvc@shaw.ca

Armstrong/Vernon

Tannis C. Lavik

778 212 8988

585 Rawlings Lake Road, Lumby

+ 43

s re Ac

Enjoy the beautiful vista and unobstructed view of picturesque farmland and mountains from this newer, level entry, six bedroom, four bathroom, energy efficient home.Priced to sell at $799,000 MLS# 10122004

250.550.4203

The Real Estate Pages is published by Silver Star Media Inc., 3118 32nd Ave, Vernon, BC V1T 2L9. Reproduction of any photographs, artwork or copy is strictly prohibited without prior written consent of the publisher. All advertised properties are subject to prior sale or withdrawal without notice. Neither The Real Estate Pages norSilver Star Media Inc are a registered real estate broker and this magazine offer is not an effort to assist in the buying or selling of real estate. The advertisers and publisher are not responsible or liable for misinformation, misprints or typographic errors.

SilverStarMedia.ca

O: 250-549-4161 C: 250-938-2604 doncowan@remax.net

Don Cowan

Vernon

Listings Wanted

Now is a great time to list your house. There are fewer listings available to compete with. Winter Buyers are serious Buyers. Good listings priced right get immediate attention. List now and move in Spring.

With over 30 years selling Real Estate in Vernon, I know the market. Contact me for your free no obligation Market Evaluation.

THEREALESTATEPAGES.CA | 7

1264 Otter Lake Cross Rd, Armstrong

1808 50th Avenue, Vernon

5-2525 Jarvis Street, Armstrong

Spacious and comfortable 2,010 sq.ft. 2 bedroom, 2.5 bathroom rancher plus detached 723 sq.ft. 1 bedroom, 1 bathroom suite with dedicated single garage / shop on a great .9 acre lot in south Armstrong. Open concept kitchen with lots of cupboard space and bar seating opens to dining area and large living room featuring vaulted ceiling and Brazilian cherry hardwood floor.

GST incl & No Property Transfer Tax

Beautiful 1,788 sq.ft. 3 Bedroom, 2.5 bath two story home under construction on quiet cul-de-sac in the new Cornerstone Village development. Main floor includes open concept kitchen/dining/great room w/ plenty of bright windows. Kitchen features large island & pantry. Laundry/mudroom just off the kitchen has access to the attached dbl garage.

Brand new 3 bed, 3 bath, 1,590 sqft. family home located in quiet neighbourhood of The Aspens, close to parks, schools, and amenities. Spacious floor plan, quality detailing, and fully fenced backyard. Live close to everything, yet feel miles away from it all in this peaceful little neighbourhood.

$524,900

mls 10128666

mls 10128172

$459,000

$449,000

mls 10123192

We believe you should have a listing you’re proud to show the world. How Chris Holm & Associates will market your home · Professional photos showing your home at its absolute best · Professional video of your property · Home staging · Extensive internet and print advertising · Full time client care team working for you Contact us for a free information package delivered right to your door Includes 14 questions to ask any REALTOR® We are confident you will love working with us. Ask about our 100% Satisfaction Guarantee.

We have buyers ready to purchase - if your home is a match, contact us.

Buyer 1

Armstrong/Spall/ BX/Coldstream 3 Bdrm rancher w/ garage or shop Price up to $600,000

Buyer 2

Middleton/Easthill Coldstream/BX 4+ bdrms, 2+ Baths, RV Parking Price up to $600,000

Buyer 3

Easthill/BX/ Coldstream/ Swan Lake Multi-level, Quiet, Space for garden Price up to $475,000

Buyer 4

Buyer 5

Buyer 6

Easthill/Bella Vista/BX 3+ Bdrms, double garage or carport Price up to $400,000

Armstrong Small store front/ commerical space Price up to $175,000

Enderby/Armstrong Newer home in good shape Price up to $475,000

First Quarter — February 2017 First Quarter — February 2017 BCREA HOUSING FORECAST UPDATE BCREA HOUSING FORECAST UPDATE

HOUSING FORECAST FORECAST UPDATE UPDATE HOUSING

February 2017 February 2017

Housing Forecast Summary — First Quarter Housing Forecast Summary — First Quarter

ECONOMY, POPULATION GROWTH SUPPORT HOUSING DEMAND DEMAND 2018 Unit Sales Average MLS THROUGH Price ($) ECONOMY, POPULATION GROWTH SUPPORT HOUSING DEMAND THROUGH 2018 ECONOMY, POPULATION GROWTH SUPPORT HOUSING THROUGH 2018 ®

® Unit Sales 2016 2017F 2018F 2016 Average MLS 2017FPrice ($) 2018F Board Area 2016 2017F 2018F 2016 2017F 2018F BoardService Area ® (MLS®) residential 10,028 9,250 8,500 585,745 599,000 608,000 Multiple Listing sales in Victoria ® ® Multiple ListingListing Service® (MLS®) residential salessales in the Multiple Service (MLS ) residential in 27.5% -7.8% -8.1% 12.3% 2.3% 1.5% 10,028 9,250 8,500 585,745 599,000 608,000 the province are forecast to14.1 decline 14.1 to per cent to Victoria province forecast declineto per cent theare province aretoforecast decline 14.1 per96,345 cent to-7.8% 27.5% -8.1% 12.3% 2.3% 1.5% 10,532 9,400 8,750 $383,192 $396,000 $402,000 96,345 units this year, after posting a record 112,209 Vancouver Island units this year,units after posting record 112,209 unit 112,209 sales-10.7% -6.9% 12.8% 3.3% 1.5% 10,532 9,400 8,750 $383,192 $396,000 $402,000 96,345 this year, a after posting a26.6% record Vancouver Island unit sales in 2016. Consumer demand has declined in 2016.unit Consumer demand has declined from the record 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% 417 390 345 $284,471 $288,000 $291,000 sales in 2016. Consumer demand has declined Powell Sunshine Coast from theRiver record level experienced during the first level experienced during the first quarter of 2016. Rising 9.4% -6.5% -11.5% 15.3% 1.2% 1% 417 390 345 $284,471 $288,000 $291,000 from theRiver record level experienced during the first Powell Sunshine Coast quarter of 2016. Rising property tax burdens aimed at property tax burdens aimed at foreign buyers and at 9.4% -6.5% -11.5% 15.3% 1.2% 1% 40,880 34,000 35,750 1,017,228 942,000 963,000 quarter of 2016. Rising property tax burdens aimed at Greaterbuyers Vancouver foreign and at sales of homes valued over -16.8% sales offoreign homesbuyers valued over $2 million have impacted -5.2% 5.1% 12.7% -7.4% 2.2% 35,750 1,017,228 942,000 963,000 and at sales of homes40,880 valued over 34,000 Greater Vancouver $2 million have impactedinhome transactions, -5.2% 5.1% 12.7% -7.4% 2.2% 23,086 19,700 18,900 $676,946 $657,000 $668,000 home transactions, especially Metro Vancouver. In -16.8% $2 million have impacted home transactions, Fraser Valley especially in Metro Vancouver. addition, 15.1% new -14.7% -4.1% 17.2% -2.9% 1.7% 23,086 18,900 $676,946 $657,000 $668,000 addition, new federal rules requiringIn low-equity home19,700 Fraser Valley especially in Metro Vancouver. In addition, new 15.1% -4.1% 17.2% -2.9% 1.7% rules requiring low-equity homebuyers to -14.7% 4,306 mort3,400 3,100 $397,911 $416,000 $428,000 buyers federal to qualify at the higher posted five-year Chilliwack and District low-equity homebuyers to federal rules requiring 37.2% -21% -8.8% 18.4% 4.5% 2.9% 4,306 3,400 3,100 $397,911 $416,000 $428,000 qualify at the higher five-year mortgage rate, gage rate, rather than theirposted negotiated rate, will delay Chilliwack and District qualify at the higher posted five-year37.2% mortgage rate, -21% -8.8% 18.4% 4.5% 2.9% 3,181 2,870 2,700 345,528 355,000 362,000 rather than their negotiated rate, will delay home home ownership for many potential first-time buyers. Kamloops District rather thanand their negotiated rate, will23.6% delay home 2,870 -5.9% 5.9% 2.7% 2% 3,181 2,700 345,528 355,000 362,000 ownership for District many potential first-time buyers. -9.8% Kamloops and ownership for many potential first-time buyers. -9.8% 23.6% -5.9% 5.9% 2.7% 2% 10,036 8,400 8,600 $461,791 $468,000 $476,000 The BCThe economy is forecast to expand by 2.5 cent Okanagan Mainline BC economy is forecast to expand by per 2.5 per 25.6% 2.4% 13.1% 1.3% 1.7% 10,036 8,400 8,600 $461,791 $468,000 $476,000 The BC aeconomy is forecast to in expand by 2.5 per -16.3% this year and further 2.7 per cent 2018. Employment Okanagan Mainline cent this year and a further 2.7 per cent in 2018. -16.3% 25.6% 2.4% 13.1% 1.3% 1.7% 2,459 2,050 1,975 $364,295 $351,000 $356,000 cent this year and a further 2.7 per cent in 2018. growthEmployment is alsoOkanagan* expected toisremain on a solid footing,on South growth also expected to remain 21.6% -3.7% 11.3% -3.6% 1.4% 2,459 2,050 1,975 $364,295 $351,000 $356,000 Housing Employment growth istrade, also expected to remain on-16.6% 2016 2017f 2018f Housing 2016 2017f MLS® South Okanagan* supported by international strong population 1 a solid footing, supported by international 21.6% 11.3%2018f Starts -3.6%1 1.4% 260 trade, -16.6% 285 3252016 $233,363 $243,000 2017f 2016 $248,000 2017f MLS® -3.7% Starts solid footing,Lights supported byThe international trade, Northern growthastrong and consumer spending. dollar value of BC population growth and consumer -16.7% 14% -13.4% 4.1% 2.1% 260 spending.9.6% 285 325 $233,363 $243,000 $248,000 Northern Lights 112,209 96,345 95,770 41,843 34,700 population growth and in consumer exportsstrong climbed nearly 10 per cent 2016, ledspending. by solid9.6% -16.7% 14% -13.4%95,770 Total 4.1% 41,843$291,000 2.1% 2,955 2,500 Sales 2,575 $282,758 $286,000 The dollar value of BC exports climbed nearly 10 per 112,209 96,345 34,700 Kootenay The dollarenergy value ofand BC exports climbed nearly 10 per wood products, minerals. More than 50,000 Total -17.1% 18.2% -15.4% 3%9.5% -14.1% 2.7% -0.6% $286,000 1.1% 33.1%$291,000 1.7% 2,955 2,500 Sales 2,575 $282,758 cent in 2016, led by solid wood products, energy and 33.1% -17.1% 9.5% -14.1% -0.6% Kootenay individuals migrated to by thesolid province a18.2% net basis cent in 2016, led wood on products, energy and -15.4% 3% 2.7% 1.1% 1.7% 4,069 4,100 4,250 $263,703 $265,000 $269,000 minerals. More than 50,000 individuals migrated BC Northern during minerals. the first nine of 2016, the highest level 0.8% Avg 4,250 10,500 Moremonths than 50,000 individuals migrated 691,144 657,026 -3.4% 3.7% -0.4%666,657 $265,000 0.5% 12,278 1.5% $263,703 $269,000 to the province on a net basis during4,069 the first nine 4,100 12,278 10,500 691,144 657,026 666,657 Single BC Northern Avg since 2008 a 50 per increase from the previPrice to theand province on acent net basis during the first nine -3.4%2008 and 96,345 0.8% 3.7%8.6% -0.4% 1.5% Single 0.5% 1.5% 112,209 95,770 691,144 657,026 -4.9% 20.9% 666,657 -14.5% months of 2016, the highest level since Price BC Total 8.6% -4.9% -14.5% ous year. The unemployment rate level is forecast to steadily months of 2016, the highest since 2008 and96,345 9.5% -14.1% -0.6% 8.6% 1.5% -4.9% 20.9%666,657 1.5% 112,209 95,770 691,144 657,026 a 50 per centBCincrease Total from the previous year. The 29,565 1.5% 24,200 BilBoard 63.3 Bil 63.9 Bil 1,-4.9% declineaNOTE: from 6Northern per last to per9.5% cent in 2018. -14.1% -0.6% 8.6% $ 50 per centcent increase from the5.5 previous year. The Lights Realyear Estate Board (NLREB) became partThe of the South Okanagan Real77.6 Estate (SOREB) on January 2011. 77.6 Bil 63.3 Bil 63.9 Bil Multiple 29,565 24,200 unemployment rate is forecast to steadily decline $ Volume *Excluding Northern Lights These fundamentals are expected toto(NLREB) underpin consumer NOTE: The Northern Lights Estate Board became part of the South Okanagan Real Estate (SOREB) on January Multiple 1, 2011. 36.6%Board -18.4% 0.9% 38.8% -18.1% unemployment rateReal is forecast steadily decline Volume 36.6% -18.4% 0.9% from 6 per cent last year to 5.5 per cent in 2018. These 38.8% -18.1% *Excluding Northern Lights confidence and spending, with retail sales expected to

2018f 2018f 33,000 33,000 -4.9% -4.9% 10,750 10,750 2.4% 2.4% 22,250 22,250 -8.1% -8.1%

from 6 per cent last year to 5.5 per cent in 2018. These 1. Source: BCREA Forecast; CMHC fundamentals are expected to underpin consumer Economic Outlook 2016 2017F climb by overEconomics 5 per cent each year 2018. BCREA provides timely research, analysis and information on economic factors affecting British Columbia and its 1housing markets.2018F 1. BC Source: BCREA Forecast; CMHC fundamentals are expected to through underpin consumer BC Economic Outlook 2016 1 2017F 2018F confidence and spending, with retail sales expected BCREA Economics timelywith research, analysis information on economic factors affecting British Columbia and its housing markets. confidence andprovides spending, retail salesand expected Real GDP Growth (%) 3.5 2.5 2.7 to pace climb of by over 5 per cent eachis year throughto2018. Real GDP Growth (%) 3.5 2.5 2.7 A slower demand expected British Columbia Real Estate Association (BCREA)2018. is the to The climb byconsumer over 5 per cent each year through Send(millions) questions and comments about the Housing 2.42 Forecast to:2.46 2.38 Employment ® A The slower pace of demand is expected British Columbia Estate Association (BCREA) is the ease some pressure onconsumer a Real relatively-low level of housing 2.38 2.42 in BC, Employment professional association for more than 20,000 REALTORS Send(millions) questions and comments about the Housing Forecast to:2.46 3.0 1.6 1.8 Employment Growth (%) A slower pace of consumer demand is expected ® Cameron Muir, Chief Economist, in BC, association for than 20,000 REALTORS ease some pressure onmore athat relatively-low level supply. to Inprofessional addition, the highissues level of new home confocusing on provincial impact real estate. Working with Employment Growth (%) 3.0 1.6 1.8 cmuir@bcrea.bc.ca; 604.742.2780 152.9 to ease some pressure on a relatively-low level Cameron Muir, Chief Economist, 147.6 142.6 Unemployment (000s) onsupply. provincial issues that impact real estate. Working with Unemployment (000s) struction willprovince’s eventually lead toboards, a noticeable expansion the 11 real estate BCREA provides continuing offocusing housing In addition, the high level of 147.6 142.6 cmuir@bcrea.bc.ca; 604.742.2780 152.9 ofthe housing supply. In addition, the high level continuing of 6.0 5.8 5.5 Unemployment (%) BrendonRate Ogmundson, Economist, province’s 11which real estate boards, BCREA provides professional education, advocacy, economic research of the housing stock, will more adequately new home construction will eventually lead tomeet aand 6.0 5.8 5.5 Unemployment Rate (%) bogmundson@bcrea.bc.ca; 604.742.2796 new home construction will eventually lead to a Brendon Ogmundson, Economist, 152.5 152.7 147.8 Personal Disposable Income ($billions) ® professional education, advocacy, economic research and provide value forwhich their standard forms to help conditions REALTORS demand. However, market will continue to clients. be noticeable expansion of the housing stock, 152.5 152.7 147.8 Personalbogmundson@bcrea.bc.ca; Disposable Income ($billions) 604.742.2796 expansion of the housing stock, which ® 3.9 4.3 4.8 Personal Disposable Income Growth (%) provide value for their clients. standard forms to help REALTORS tilted innoticeable favour of home sellers in many regions, while will more adequately meet demand. However, market Additional economics information is available on 4.3 3.9 4.8 Personal Disposable Income Growth (%) Tomore demonstrate the profession’s commitment to improving Quality Average Weekly Wage will adequately meet demand. However, market $921 $935 $952 home builders scramble to complete existing projects. conditions will continue to be tilted in favour of BCREA’s website at: www.bcrea.bc.ca. Additional economics information is available $921 on $935 $952 Wage To the profession’s to improving Quality Average Weekly of demonstrate Life in BCwill communities, BCREA supports policies that conditions continue to becommitment tilted favour of help 1.5 1.9 Weekly Wage Growth (%)at: www.bcrea.bc.ca. 0.8 The average MLS® residential price in thein province BCREA’s website home sellers in many regions, while home builders 0.8 1.5 1.9 Weekly Wage Growth (%) of Life in BC communities, BCREA supports policies that help ensure economic vitality, provide housing opportunities, preserve home sellers in many regions, while home builders To sign up for BCREA news releases by email visit: is forecast to decline nearly existing 5 per cent to $657,000 $74.8 $78.7 $83.1 Retail Sales ($billions) scramble to complete projects. The average ensure economic vitality, provide opportunities, preserve Retail Sales the environment, protectexisting propertyhousing owners andThe buildaverage better $83.1 ($billions) www.bcrea.bc.ca/news-and-publications/publications/ scramble to complete projects. To sign up for BCREA news releases by $74.8 email visit:$78.7 this year, largely the result of a larger proportion of to 6.7 5.2 5.5 Retails Sales Growth (%) MLS® residential price in the province is forecast the environment, property owners andisbuild better to manage-subscriptions. communities withprotect good schools safe neighbourhoods. www.bcrea.bc.ca/news-and-publications/publications/ 6.7 5.2 5.5 Retails Sales Growth (%) MLS® residential price in theand province multi-family home sales and some softness inforecast the high 4.64-4.74 4.64-4.84 4.84-5.00 Range of Posted 5-year Fixed Mortgage Rate decline nearly 5 per cent to $657,000 this year, largely manage-subscriptions. communities with goodcent schools and safe neighbourhoods. Range of Posted 5-year Fixed Mortgage Rate 4.64-4.74 4.64-4.84 4.84-5.00 decline nearly 5 per to $657,000 this year, largely end of the Metro Vancouver market. 1. Values have been estimated where data has not yet been released. the result of a larger proportion of multi-family home 1. Values have been estimated where Canada data has not yet been released. the result of a larger proportion of multi-family home Source: BCREA Economics, Statistics sales and some softness in the high end of the Metro Source: BCREA Economics, Statistics Canada sales and some softness in the high end of the Metro Vancouver Housing Forecastmarket. is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, 1 Vancouver market. provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” Housing Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, 1 ®

BCREA makes guarantees as to to the accuracy or completeness of this information. provided that no credit is given BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.”

BCREA makes no guarantees as to the accuracy or completeness of this information. 1420 - 701 Georgia Street West, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6

Phone: 604.683.7702

Fax: 604.683.8601

2 2 Email: bcrea@bcrea.bc.ca

1420 - 701 Georgia Street West, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6

Phone: 604.683.7702

Fax: 604.683.8601

Email: bcrea@bcrea.bc.ca

THEREALESTATEPAGES.CA | 9

Shane McMorran Personal Real Estate Corporation

Get up to

Cell: 250.938.4000 shane@teammcmorran.ca teammcmorran.ca

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Vernon

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Vernon

8105-8107 Whetzell Dr mls#10129364

$439,000

Full duplex near Coldstream Elementary School, convenience store, and park. 2 bedrooms, one bath, and laundry/ mud room each side. Quiet street, rural setting. Move in or rental ready.

308 Rexor Place mls#10126820

$759,000

Spacious 2 bed plus den Rancher at Predator Ridge. 1637 sf on main floor. New exterior paint, new quartz counters and backsplash. Beautiful views of golf course, private decks. Level driveway.

3311 30 Ave mls#10125264

$1150/mth

For lease, a light and bright upper floor office space in downtown Vernon. Approximately 1000 sf with new flooring, windows, and paint. Reception, 2 piece bath, and 3 offices, all with windows.

Your Turtle Mountain Specialist

8891 Braeburn Drive mls#10128943

$319,900

Fully serviced lot suitable for Rancher with walk out basement. Fabulous Kalamalka Lake views from both levels and short walk to beach! Bring your own builder. GST has been paid.

250.804.9936 www.agentbarbie.com

165 Joharon Rd mls#10127971

$979,000

Spectacular views and incredible privacy are yours to enjoy from this lovely 4 bed, 4.5 bath home on just over 1 acres in Bella Vista. Panoramic views from the city to the west side of Okanagan Lake.

5028 Turtle Pond Place mls#10116279

$679,000

Custom designed Wesbild Homes showhome. 4 bedrooms, 3 bathrooms, open concept with custom kitchen and huge windows. High ceilings, covered deck with sweeping views; this is gracious living!

Down in the dumps about selling your home? Don't be discouraged! If I can sell this place for more than the listed price, imagine what I can do for you!

SOLD FAST

#301-9808 Silver Star Rd This is a top floor, corner unit at Silver Star ski hill, 2 bdrm., 2 bath. New granite kitchen counter and new carpets. Located in the snow brush building of desirable Creekside. Great view of Tube Town and Silver Queen. MLS 10128864

JANE FIELD

#3-8014 Whitestone Dr Prestigious location. Amazing Kalamalka Lake views. Open concept design. Excellent condition. Master bdrm on main, plus den. Two bdrms in daylight bsmt. Access via private lane. Added feature is an elevator! Located in Coldstream. MLS 10126167 $869,000

Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755 New Listing

5525 Allenby Place Family oriented home in popular Westmount Estates. 3 bedrooms up. 2/1 Bathrooms. Indoor hot tub room. Several upgrades. Professional landscaping, RV parking at rear. MLS NEW. $399,900

jane@vernonrealestate.ca Vernon

5603 - 27th Street Vernon, BC V1T 8Z5

BENNETTO & ASSOCIATES www.bennetto.ca

Vernon

Murray Bennetto

Larry Bennetto

Marina Mandalari

REALTORÂŽ

OFFICE MANAGER

250.306.6476

250.308.6025

250-549-4161

Waiting for Spring to list? Buyers are looking now! Spring possessions are possible. 250.938.2830

KARI WILTON Your Okanagan Lifestyle & Real Estate Investment REALTOR

116 - 9100 Mackie Drive Best unit in The Views. South Easterly ground floor, corner location that boasts privacy, beautiful valley views and plenty of natural sunlight coming into unit from two sides. 2 bedrooms plus den, 2 full bathrooms.

MLS# 10128775 - $435,000

REDUCED

110 - 3780 Schubert Road One of the best units in one of the best Townhome complexes in Armstrong. Open concept, bright, large 3 bedroom 4 bathroom end unit townhome with many attributes. MLS# 10125393 - $359,900

9660 Eastside Road 40 acres with panoramic view of Okanagan Lake. Many treed building sites. City Sewer at property line. Water License on Okanagan Lake existing for one household. Will consider trades . . OR? Investment or Development Opportunity. MLS# 9201929 - $3,000,000

Have you met Kari Wilton yet? 250.503.8727

RE/MAX Vernon 250.549.4161

KARIWILTON.CA

Vernon

THEREALESTATEPAGES.CA | 11

DonKassa REALTOR ® SERVICES

Ryan Danchuk

250.549.4161 DonKassa.com donkassa@donkassa.com NEW

Tuscan Terraces, a rare Waterfront Development on 241 feet of lake frontage. This 5 bedroom, 3.5 bath unit is located on the upper courtyard offering more privacy, only steps away from your own private boat slip. The courtyard features a 16 x 44 pool. MLS#10129076

7 - 7373 Brooks Lane

At Predator Ridge Golf Resort, a world class facility with two 18 hole golf courses. Features of Predator Ridge are a fitness center with pool, tennis court, children's play area, restaurants, nearby Sparkling Hill Resort with Kur Spa. Predator Ridge is a planned Resort Community.

NEW

MLS#10129566

604 Birdie Lake Court

$879,000 2 bedroom 1 bath unit in the Creekside condo development at Silver Star. Right at the bottom of the Silver Queen chair. Close to the skating pond, tube park, and cross country skiing. Fully furnished. Common rec room, hot tub, and laundry. MLS#10128818

305 - 9804 Silver Star Road

$618,000 In Canadian Lakeview, with a shared boat launch and beach complete with showers and picnic area, accessed thru a quiet side street. No building scheme and no building commitments. On a quiet street with full underground services. A low side lot with minimal site preparation needed to start construction. RV parking can be created on the lot. MLS#10127715

16 Garmisch Road

$233,000

Vernon

$139,000

Do you want results? CALL ME TODAY to find out about my Unique & Personalized Home Selling System guaranteed to get the results you deserve! · Proven system and strategies that work every time! · Step-by-step guidance for you to get top dollar in today's market · Less than average days on market · Higher list-to-sell ratio & fewer price reductions · Staging advice & modern ideas to make your home POP! · Professional Photographs that will stand out from the competition · Genuine care & attention to detail with a fresh approach · A completely unique & personalized experience!

Jen Sellar 250-309-3439 SELL WITH SELLAR

www.sellarrealestate.com

Vernon

VI S I T A L L OU R L I STI N GS AT O KAN AGAN LANDS. CO M

BRAND NEW TO THE MARKET! ountain 1107 33rd Avenue $ 499,000 East Hill

802 Brassey Place Predator Ridge

$999,000

BRAND NEW TO THE MARKET! 506 Mt. Tanner Place Coldstream

$ 775,000

8211 Westkal Road, Kalamalka Lake

$1,625,000

748 Mt York Drive Middleton Mountain

8931 Peters Road Okanagan Landing

Call us for more info: 1-250-503-3752 or info@okanaganlands.com

Vernon

$919,900

$ 2,950,000 All Listings are MLSÂŽ

,00

9 57

Outstanding home with views from every room, 3 bdrms, 3 baths, quiet location,nicely updated flooring, fixtures, RV parking. 325 Whistler Place 00

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111 - 3220 Centennial Dr

mls# 10129697

Main floor unit, entertaining kitchen, eating area, dining room, lots of windows for light, gas fireplace, storage just down the hall, secure u/g parking, Clubhouse. mls# 10127868

Carol Shalovelo Personal Real Estate Corporation

250-503-8332 www.OkanaganProperties.com

Vernon

THEREALESTATEPAGES.CA | 13

Armstrong

Quick possession

- 2 Bd & 2 Bth - Open concept - Ready to move into home mls# 10129568

- 2 bd & 2 full bths - Fabulous views - Gas f/p and A/C. mls# 10125543

14 - 3805 Patten Dr.

308 - 3221 Centennial Dr.

www.your5starteam.com Open Concept

Premier Adult Complex

Newly offered at $389,000

Offered at $254,900

Cliff Wenger REALTOR®

P. 250.549.4161 C. 250.309.0289 TF. 1.800.667.2040 cliff@your5starteam.com

Tammy Stein REALTOR®

P. 250.549.4161 C. 250.306.9974 TF. 1.800.667.2040 tammy@your5starteam.com

Vernon

Unique Garden Art & Gifts provides a variety of indoor and outdoor decor and gifts for your home and outdoor spaces. We specialize in concrete statuary, bird baths, benches and planters. 778-475-5752 907 Kalamalka Lake Rd. Vernon, BC www.vernongardenart.com

Find us on Facebook @Unique Garden Art & Gifts

Blinds & Drapes (250) 542.5955 Home furnishings and Design Centre designersgallerycanada.com

Furniture

We don't sell. We help you buy! (250) 549-3121 5401 Anderson Way Vernon, BC V1T 9V1

cityfurniturecanada.com

Glass (250) 542-9309 2809- 45 Ave. Vernon, BC V1T 3N5 www.HLGlass.com

Landscaping

Flooring 250.558.0401 100-3107 48 Ave Vernon, BC V1T 3R5 endoftheroll.com

THEREALESTATEPAGES.CA | 15

We are NEVER too busy for your referrals

Heidi Lussi PREC Steve Wikkerink REALTOR® Beate Schmidt REALTOR® Susan Olney Administrative Coordinator

The

Heidi Lussi Real Estate Team

www.heidilussi.com | 250-503-3487 | info@heidilussi.com 375 Lakewood Drive

5563 L&A Rd

$395,000

$519,000

Amazing views from this custom 2 storey home in Westshore Estates, 25mins from Vernon. 2 bed/ 2 bath open concept with level entry to main floor. Unfinished basement ready to be developed.

New

Vernon

4.6 acre Lot in North BX consists of 2.5 acres in hay with the rest in nicely manicured yards & mature trees. MLS:10117076

MLS:10129228

2301 Cedar Ridge St

8215 Silver Star Rd

$595,000 Large, custom 6 bed home on 1.48 acres in Lumby. Fully fenced with a 2 car garage, detached workshop, impeccable landscaping, circular driveway & more. MLS:10094749

Deb

Deveau REALTOR®

Fischer REALTOR®

Impeccable rancher with full walk-out basement + suite on 0.98 acre lot. Incredible views. Beautiful landscaping. Detached shop, 220 wired & insulated. Ample parking. Close to all amenities & ½ way to Silver Star Mountain. MLS:10123442

New Price

Judy

Your Key to the North Okanagan

$849,900

Enderby

Bonita

1-888-609-7764 250-838-0025 908 George St. Enderby, BC

Lundquist* REALTOR® *Personal Real Estate Corporation

Similar to Phase 1

$224,000-$239,000 Brielle View, Enderby Needs one more pre-sell. S LOT

LOT

$1,200,000 $129,000-$136,000

4671 McLeery Rd, Spallumcheen

Preston West Sub., Enderby 5 lots, offering rural setting within Enderby city limits. Build your dream home!

Breathtaking panoramic views. MLS 10118748

00 5, 9 9

$499,000 123 Cliffview Dr., Enderby Call Deb @ The Key Team - MLS10123610

Calling Developers!!!

$399,000 $84,900

00 Third Avenue, Grindrod Call Judy @ The Key Team - MLS10099624

1405 George Street, Enderby Call Bonita Lundquist PREC - 250-306-8184

The next prime development land in Coldstream, 18.2 acres out of ALR , part- Multi Family designated in OCP. Vernon is the fifth fastest growing among B.C. Cities with Pop over 25,000 Perfect for Seniors Retirement Residences! Great location near City of Vernon Boundary! Don’t hesitate this is the next untapped direction for development to go around Middleton Mountain. MLS 10126761

MLS 10123398

The Views from Midmar Heights!

Maria Besso (250) 308-1152 | mariabesso@shaw.ca | www.mariabesso.remax.ca

Vernon

Outstanding Agents. Outstanding Results.

GO WITH THOSE WHO KNOW Armstrong

Commercial Solutions

Enderby

Lumby

Vernon

Vernon (Silver Star Office)

2555 Pleasant Valley Blvd Armstrong, BC V0E 1B0 250.546.3119

5405 26 Street Vernon, BC V1T 7G4 250.503.3477

908 George St Box 188 Enderby, BC V0E 1V0 250.838.0025

2095 Shuswap Ave Lumby, BC V0E 2G0 250.547.9266

5603 27 Street Vernon, BC V1T 8Z5 250.549.4161

108-152 Silver Lode Lane V1B 3W9 250.549.4161