Vernon Real Estate Pages by Silver Star Media

VERNON & AREA

Armstrong Enderby Lumby

This listing is proudly presented by

CHRIS HOLM & ASSOCIATES

Custom built home & acreage perfect for the equestrian family. These 5+ acres are full of details you will love! Call 250.309.0039 or visit www.ChrisHolmRealEstate.com

Issue 18 â&#x20AC;¢ Sept 17 - Sept 30, 2017

Greg Barteluk

Robin Baycroft*

Glenn Beach RE/MAX Vernon

RE/MAX Armstrong

Mike Beck

Larry Bennetto

Murray Bennetto

Maria Besso

Krista Blankley*

Stefe Brenner*

Kathy Broderick*

Mark Collett

Don Cowan

Doug Cuthbert*

Ryan Danchuk

Brandy DeBartolo

Don Defeo*

Jane Field

Judy Fischer

Debbie Fisher

Gord Fowler

Jacquie Friesen RE/MAX Vernon

RE/MAX Armstrong

Roger Gates

Marty Gilbert*

Kyle Goulet

Michelle Johnson

Bev Jones

Greg Kalyniuk

Don Kassa

Christie King

Heidi Klein*

John Kristian*

Woody Kuraoka

Dan Lochhead

Bonita Lundquist*

Heidi Lussi* RE/MAX Vernon

RE/MAX Commercial Solutions

Graeme Magee

Ken Magel

RE/MAX Enderby

RE/MAX Commercial Solutions

Stewart Pearson*

Damian Pighin*

Ashley Prenioslo

Teresa Prince

Dave Pusey*

Claire Radford*

Rodney Shanks

Pratab Sidhu

Shawna Sidhu*

RE/MAX Vernon

RE/MAX Commercial Solutions

RE/MAX Vernon

RE/MAX Commercial Solutions

RE/MAX Vernon

Armstrong

RE/MAX Vernon

RE/MAX Enderby

RE/MAX Lumby

RE/MAX Vernon

RE/MAX Enderby

RE/MAX Vernon

Commercial Solutions

2555 Pleasant Valley Blvd 5405 26 St Armstrong, BC V0E1B0 Vernon, BC V1T 7G4 250.546.3119 250.503.3477

RE/MAX Armstrong

RE/MAX Vernon

Priscilla Sookarow Cheryl Soleway RE/MAX Priscilla

RE/MAX Vernon

Graysen Marsh

RE/MAX Vernon

Lisa Salt*

Chris Santos

Brent Stevenson

Vernon

Vernon (Silver Star Office)

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

*Denotes Personal Real Estate Corporation

RE/MAX Vernon

Alan Stier

RE/MAX Vernon

RE/MAX Priscilla

Alex Wambold

Cliff Wenger

RE/MAX Vernon

Each office independently owned and operated.

RE/MAX Lumby

RE/MAX Vernon

Tammy Stein

Lumby

RE/MAX Vernon

Enderby

RE/MAX Vernon

Jayme McKillop Shane McMorran*

RE/MAX Vernon

Shelby Bouchard RE/MAX Vernon

Matthew Bower RE/MAX Vernon

Sandra Bradley* RE/MAX Vernon

Norm Brenner*

Feeling Social? We are. For up-to-date real estate market information, join The Right Agents’ social media network:

RE/MAX Vernon

facebook.com/TheRightAgents Craig Demetrick RE/MAX Priscilla

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Chris Holm* RE/MAX Vernon

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Tracy Lauriente RE/MAX Vernon

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Dawn Taylor* RE/MAX Vernon

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V. Charlette Lavik Barbie LeRoux RE/MAX Armstrong

Rachel Pasemko-Almaas* Heather Paulsen RE/MAX Vernon

Darlene Scott RE/MAX Lumby

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RE/MAX Priscilla

Jen Sellar

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Carol Shalovelo* RE/MAX Vernon

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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.* ®

Steve Wikkerink RE/MAX Vernon

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Brad Marsh

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

Each office independently owned and operated.

Tour 1000’s of homes online at SaltFowler.com

MOUNTAIN VIEWS

MLS 10140837

$129,999

MLS 10140802

N AT IO LO EA T R G

Located within a well-maintained and ideally-located community, this 2-bedroom, 2-bathroom townhome is the perfect first home opportunity!

$325,000

MLS 10141414

VICTORIAN CHARM

A lovely combination of traditional style and modern touches, this 3-bedroom duplex property is the ideal turnkey home! $369,900

MLS 10140547

EP C

-C N

OUTSTANDING VIEWS!

INCOME POTENTIAL

PE RE G RI NE

$127,900

ROOFTOP STUNNER

OPEN - CONCEPT

Move right in to this turnkey one-bedroom unit within Mountainview Place, and waste no time enjoying this place!

Convenience in the rarest form, this 2 bedroom adult condo boasts a direct bus stop and short walk to all amenities!

SU ST ER

AT E

IT E

Lisa Salt* & Gord Fowler

$549,999

EC RO

MLS 10132960/10132967

K E

$575,000

D P O

O VE

B R EA

MLS 10141048

FT O

-IN

EA C

R EA DY

MLS 10141512

$419,900

Bring your plans and build your dream home, this property is a recreational paradise with direct crown land access.

MLS NEW

ES S

$414,900

Floor to ceiling windows, vaulted ceilings, and a massive front deck, this 4-bedroom log home was built for the utmost in appreciation of the surrounding lake & mountain views!

Experience the great outdoors right outside your charming A-frame alpine cottage. Hunting, hiking, 4x4, snowmobiling, watersports – this one has it ALL!!

VIEWS GALORE

Spectacular lake views serve as inspiration for this immaculate 3 bed, 3 bath property. Shared beach access, boat launch and dock included in this fine offering. RV Parking too!

M A

WATERFRONT, BEACH & BOAT LAUNCH NEARBY

SPACIOUS LAYOUT

Abundant space and thoughtful design combine within this spectacular property, making it the ideal family home! $699,000

*Denotes Personal Real Estate Corporation

MLS 10140495

GREAT POTENTIAL

This 22-acre property combines with a turnkey home for the ultimate package filled with income and expansion opportunity! $699,900

MLS 10138798

www.SaltFowler.com |

GREAT REVENUE

With five separate balconies, you’ll never miss a sunset! 3 Bed, 3 Bath unit at the fabulous Outback Resort! $749,000 MLS 10112077

Vernon

9000 SQFT. SHOP

Enjoy the simple life within this spectacular 5 bedroom log home on 20 acres, the ideal means to get away from it all! $955,000 MLS 10138953

It’s not the market… it’s the marketing.

#76-9510 Highway 97 N Sunday Sept 17, 2:00-3:30pm

MLS 10141145

N C

Minutes from local schools, this family-friendly property offers abundant space both inside & out! $549,500

MLS 10139476

EE X B

-C

FT O

O AT I C LO EA T R G

LO EA T R G

CUL-DE-SAC CHARM

$330,000

CLOSE TO KIN BEACH

The hard work has been done for you within this well-appointed and updated three bedroom, two full bathroom family home! $449,999 MLS 10137915

MLS 10137283

$319,000

TURNKEY CHARM

Move-in ready and entirely turnkey, this two-bedroom plus den property includes a spectacular view to occupy your time!

2304 21 Street Sunday Sept 17, 12:00-1:30pm

TROUT LAKE VALUE

The Outback on Okanagan Lake is an irresistible community filled with incredible amenities, and this well-appointed fully furnished 2 bedroom unit is the ideal way to break into the resort lifestyle.

6110 Okanagan Landing Road Sunday Sept 17, 2:00-3:30pm

#77-9845 Eastside Road Sunday Sept 17, 2:00-3:30pm

AT IO

TU B H O T SU N K EN

PE N

-C

LE !

EP T

SUNDAY OPEN HOUSE BLITZ

#133-9845 Eastside Road Sunday Sept 17, 12:00-1:30pm

PRIVATE CABIN

The Outback on Okanagan Lake is a fabulous community with lots to offer, and this private Forest Cabin is ideally-located for enjoyment of all amenities!

2.2 ACRE BEAUTY

COUNTRY LIVING

From the front porch to the rustic-contemporary designs throughout, this spectacular 5-bedroom property exudes charm inside and out

The best of both worlds, this country home on 10.7 mostly flat acres is only minutes away from all the downtown amenities you could ever need!

$799,000

$849,900

MLS 10139475

MLS 10137097

RO TT O

U O TT

IV AT E

AC R

FL D R DW O O

A H

6199 Old Kamloops Road Sunday Sept 17, 12:00-1:30pm

629 Mt. Ida Drive Sunday Sept 17, 12:00-1:30pm

OPPORTUNITY RICH

ATTENTION TO DETAIL

Whether it’s a minor mortgage helper or extensive income potential you search for, this extensive property is prepared to fulfill your needs! $949,900

5904 Dixon Dam Road Sunday Sept 17, 2:00-3:30pm

7960 Wilson Jackson Road Sunday Sept 17, 12:00-1:30pm

MLS 10138250

CUSTOM FINISHES

Newer than this simply does not exist! This four bedroom two-storey home is currently nearing completion & awaiting its first residents! From $769,900 MLS 10137740

R S

$499,000

1057 Mt. Begbie Drive Sunday Sept 17, 2:00-3:30pm

MLS 10141340

Stunning inside and out, this executive-level Middleton Mountain 4-bedroom home boasts panoramic and unobstructed Kalamalka Lake views!

DREAM WINERY

SUMMER PARADISE

This farm is ideally situated to support any large-scale fruit production operation including apples, cherries, blueberries, or grapes.

Executive contemporary lakefront property with all the extras plus a view that just won’t quit. Prepare to be amazed today!

$1,299,900

$1,690,000

MLS 10140565

Call 250.549.7258 TODAY and

MLS 10129947

$1,949,999

MLS 10133571

#1-6600 Okanagan Ave

Open House: Sept 17 2:30-4pm

· Almost 2000 sq.ft. · 1+2 Bedrooms · 1.5+1 Bathrooms · Choice location in complex · Hardwood & granite · Dynamic mezzanine overlooks great room MLS: 10141204 $429,900

JANE FIELD

Open House: Sept 17 12:30-2pm

8007 Kalview Drive · 2+2 bedrooms, 2+1 baths · Brand new roof · Brand new hardwood and quartz counters. · Dynamic Kal Lake view

Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755

MLS: 10138849 $679,900

#112 -3704 27 Ave

· Secure underground parking · Flat walk to downtown · 2 bdrms, 1 bath · Clean · Fast possession possible

jane@vernonrealestate.ca Vernon

5603 - 27th Street Vernon, BC V1T 8Z5

NOW IS THE TIME TO LIST Buyers are looking now! For experience and great service call Jane.

250.938.2830

For more information please visit www.remax.com

44 years and counting... One office, one employee. Top-producing real estate agent Dave Liniger starts RE/MAX. Dave interviews 28 people to find his first employee, Gail Main, who later becomes his wife. By the end of the first year, the Denver office has 21 Associates and Dave is $300,000 in debt because other investors have backed out. Dave refuses to.

1974

1973

to be continued...

MLS: 10131282 $131,900

Vernon

THEREALESTATEPAGES.CA | 7

Exciting Valley & Mountain View 5380 Learmouth Road, Lavington

www.your5starteam.com Ready to move into

Offered at $899,000

2550 sq.ft.

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

A Prime valley view location, moments to town & yet a very country setting. 5 acres of open/non treed land, Ideal for the horse lovers. Totally fenced & cross fenced with auto watering station. Valley & Mt View, watch the sunsets from the large deck. Separate shop with an attached in-law suite. Lots of open spaces for parking, RV parking etc. Fabulous & well maintained open concept style home. Bring your horse & start to enjoy your new life with this excellent home & acreage. MLS 10139725

READY TO START THAT KITCHEN PROJECT?

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

Don Cowan

Vernon

We are here to help from start to ﬁnish!

,9 89

COMPUTER GENERATED 3-D DRAWINGS

Since 1972, Westwood has been creating fine cabinetry that provides a truly custom look without the premium price. From our extremely broad selection, customers choose the combination of style, materials and finish that fits their lifestyle. Once chosen we apply our well honed skills to craft cabinets that can be valued for life.

New listing! Great for investors or first time buyers!

MEET OUR QUALIFIED DESIGNERS

DESIGNING EACH KITCHEN TO SUIT EVERY UNIQUE CLIENT.

STATE-OF-THE-ART PRODUCTION FACTORY TRAINED, EXPERIENCED INSTALLERS

2 bedroom, 2 bathroom condo in Lakeview Terrace. Recently upgraded and includes newer carpets and entry flooring, repainted or replaced doors and more. This is an end unit on the quiet side of the complex, and has a lake view. Priced for action at $189,900. Contact me for an informed showing. MLS 10140000

With over 30 years selling Real Estate in Vernon, I know the market.

Contact me for your free no obligation Market Evaluation.

GOLD TOMMY

AWARD-WINNING 250.558.1030 • 4308 29th Street KITCHENS! www.westwoodﬁnecabinetry.com

Shane McMorran

Tracy Lauriente

Personal Real Estate Corporation

Cell: 250.938.4000 shane@teammcmorran.ca teammcmorran.ca

250.540.4143

vernonbcproperty.com tracylauriente@gmail.com g

tin

w Ne

Lis

Vernon

7024 Emerald Court, Vernon

5 bdrm, 3 bath home in Bella Vista area features views of Okanagan Lake, fruit trees, beautiful landscaped yard, multiple decks, in-ground sprinkler, freshly painted, updated flooring, new roof & hwt as well as suite potential + much more!. $614,900 MLS 10141181

w Ne

321 Cordon Place mls#10141078

8630 Okanagan Landing Rd

$529,000

Spacious, bright & open, this 3 bed, 3 bath home at The Rise features tall ceilings, a Great Room opening to a covered balcony, geothermal heating/ cooling, large master suite. Designer feel throughout!

w Nerice P

$619,000

A hobbyistâ&#x20AC;&#x2122;s dream!! Triple garage, double bay shop, and workshop!! The spacious home has an updated kitchen with island & great storage, 2 bedrooms, den, living and family room up. Potential suite.

Stunning, estate sized 9.3 acres above Okanagan Lake with spectacular panoramic views from a variety of building sites. Close to lake access, boat launch, and Yacht Club.

Buy or sell with me and use this trailer for free for your local move.

Vernon

w Nerice P

6490 Agassiz Road mls#10139587

$899,000

mls#10125622

990 Mt Beaven Court $519,000

mls#10140415

Rancher wâ&#x20AC;&#x2122; full basement on cul-de-sac in Middleton, near Sawicki Park. 3 bedrooms on main floor and up to 3 more down. Flexible floor plan; basement suite could include 1, 2, or 3 bedrooms.....you choose!

Business & Farm

Home & Travel 5430 Learmouth Road mls#10141333

$829,000

Gracious living on 4.97 acres. Every room in this gorgeous home is oversized! Fantastic kitchen w/ large island, loads of storage. Large shop + coverall; bring your hobbies or horses. View for miles!

I have a buyer looking for

All Insurance Services We provide protection options as unique as you are.

7787 Hwy 97A $477,000

mls#10133435

Lovely 3 bed, 2 bath Rancher on almost 2 acres. Includes a guest suite. Workshop, craft shop, studio, fire pit, and a beautiful forest with paths and a babbling brook. Private & enchanting.

Home with suite up to $575,000

Auto & RV

250-545-5311 www.jmins.com

3923 32 St. Vernon, BC V1T 5P2 Monday thru Friday: 7:30-5:30, Saturday: 9:00-5:00

ll me!

THEREALESTATEPAGES.CA | 9

John Kristian

Brandy De Bartolo

Personal Real Estate Corporation

250.549.4161 John@johnkristian.ca JohnKristian.ca Ne

250.558.8839 brandy@okanagansavvy.com OkanaganSavvy.com

Vernon

4208 34th Street

2530 Bowie Drive, Armstrong

Excellent investment and/or starter home w/ 3 bds, 2 baths up & 1 bdrm bsmnt suite. Fully fenced w/ detached single garage.

Looking for a like new home w/ mortgage helper on a large, fully landscaped, lot at the end of a quiet culdesac?

MLS®10141548 $489,900

MLS®New $329,000

MLS®10141292 $639,000

6350 Brewer Road, Coldstream

1633 Mountain View Avenue, Lumby

928 34 Avenue, Vernon

Ideal family home on .584 acres with country setting close to schools, parks, recreation & only 10 minutes to Vernon.

This newer Rancher w/ basement, features 3 Bdrms & 2 Baths on the main w/ Spacious open concept floor-plan.

Show Home in the prestigious Royal Oak Subdivision. You will be amazed by the great care & attention to detail!

MLS®10137177 $635,000

MLS®10137695 $429,000

MLS®10127964 $865,000

2350 Danallanko Drive, Armstrong

Extensively renovated inside and out this 5 bedroom, 3 bathroom home in quiet area. Just move in & enjoy!

585 Nighthawk Ave

1067 Mt Fosthall Dr w Ne

$414,900

Rancher on a Double Lot

Dawn Taylor Personal Real Estate Corporation

DawnTaylor.ca 250-309-4092

482 Jay Ave

wP Ne

$475,000

Fabulous Family Home

$249,500

Rancher With Full Basement

$349,900

Lease Prepaid To 2043!

2 beds, 2 baths, den, open plan, 624 sqft detached garage, garden.

3 beds, den, 3 baths, oak kitchen, fully fenced yard, A/C, RV parking, garage.

2 beds, 2 baths, attached garage, plus 1 bed, rec room & office being developed in basement.

2 beds, 2 baths, open plan, fenced backyard, garage, looks over greenspace.

2810 - 43 Ave

244 Grouse Avenue

10271 Columbia Way

194 Falcon Ave

$589,900

Home & Shop on Corner Lot

$279,000

Minutes from Private Beach

$75,000

0.43 Acre Building Lot

$159,900

View of Okanagan Lake

Live & work side by side. Pizza shop with attached 6 bedroom 2 bathroom home. Zoned C5.

3 beds, 2.5 baths, front and back patio area, hot tub, storage shed, fenced back yard.

Near the end of a quiet cul de sac. Water & power at lot line. Perfect for a rancher w/walkout.

3 bedrs, 1 bath, 2 minute walk from the beach & boat launch. Room to park a boat or an RV

225 Falcon Ave

0000 Highway 97 Vernon

427 Hummingbird Ave.

LOT 6 Whatshan Lake

299,900

Beautiful Craftsman Style

Vernon

674 Cougar St

e ric

3 beds, 2 baths, open plan, gas fireplace, attached garage, hardwood, fanced yard, covered deck

$259,900

Beautiful Kalamalka Lakeview 5.19 acre property at the South end of Vernon at the Kekuli Bay Turnoff. Zoned LH.

$319,900

Looking for New??

3 bedroom, 2 bathroom, 2 story home on a spacious corner lot in Parker Cove.

$379,900

Waterfront lot/ Park-like Setting Turnkey lakefront property! RV, storage shed, canoe, dock. Septic, water, 200 amp service.

BCREA HOUSING FORECAST UPDATE

February 2017

10BCREA HOUSING FORECAST UPDATE

February 2017

Housing Forecast Summary — First Quarter Housing Forecast Summary — First Quarter Unit Sales

For immediate Boardrelease Area

Average MLS® Price ($)

® 2016 2018F 2016Average MLS 2017F Unit2017F Sales Price ($) 2018F 10,028 9,250 8,500 585,745 599,000 608,000 2016 2017F 2018F 2016 2017F 2018F Board Area Victoria For immediate release or immediate release 27.5% -7.8% -8.1% 12.3% 2.3% 1.5% 10,028 9,250 8,500 585,745 599,000 608,000 Victoria For immediate release 10,532 9,400 8,750 $383,192 $396,000 $402,000 27.5% -7.8% -8.1% 12.3% 2.3% 1.5% Vancouver Island 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% 10,532 9,400 8,750 $383,192 $396,000 Vancouver, BC – August 14, 2017. Real Estate Association (BCREA)$402,000 reports Vancouver Island 417The British 390Columbia 345 $284,471 $288,000 $291,000 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% BCREA 2017 Third Quarter Housing Forecast Update BCREA 2017 Third Quarter Housing Forecast Update Powell River Sunshine that a total of 9,275Coast residential 417 unit Service®$291,000 (MLS®) 9.4% sales were -6.5% recorded -11.5% 15.3% Listing 1.2% 1% 390 345by the Multiple $284,471 $288,000 Powell River Sunshine Coast 40,880 34,000 35,750 1,017,228 942,000 963,000 July, 31, down 6.3 perBritish cent from9.4% theBritish same period Total sales was -6.5% last year. 15.3%dollar volume 1% Greater Vancouver Vancouver, BCBC – August 31, 2017. The Columbia Real-11.5% Estate Association (BCREA) released its $6.48 2017 ancouver, BC – in August 2017. The Columbia Real Estate Association (BCREA) released its 20171.2% Third -5.2% -16.8% 5.1% 12.7% -7.4% 2.2% Third Vancouver, – August 14, 2017. The British Columbia Real Estate Association (BCREA) reports 40,880 34,000 35,750 1,017,228 942,000 963,000 billion, down 1.3 per cent from July 2016. The average MLS® residential price in the province Greater Vancouver Quarter Housing Forecast update today. uarter Housing Forecast update today. 23,086 19,700recorded 18,900 $676,946 Listing $657,000 -5.2% -16.8% 5.1% 12.7% -7.4%Service®$668,000 2.2% that a total residential unit sales were by the Multiple (MLS®) Fraser Valley of 9,275 was $698,761, a 5.3 per cent increase from the same period last year. 15.1% -14.7% -4.1% 17.2% -2.9% 1.7% 23,086 19,700 18,900 $676,946 $657,000 $668,000 in July, down 6.3 per cent from the same period last year. Total sales dollar volume wasto $6.48 Fraser Valley Multiple Listing residential Service® (MLS®) residential sales in the province are forecast to decline 10 per cent 100,900 Multiple Listing Service® (MLS®) sales in the province are forecast to decline 10 per cent to 100,900 4,306 3,400 3,100 $397,911 $416,000 $428,000 15.1% -14.7% -4.1% 17.2% -2.9% 1.7% Chilliwack and District billion, down 1.3 per cent from July 2016. The average MLS® residential price in the province units this year, after reaching a record 112,209 units in 2016. Strong economic fundamentals are underpinning 37.2% -21% -8.8% 18.4% 4.5% 2.9% nits this year, after reaching a record 112,209 units in 2016. Strong economic fundamentals are underpinning 3,400 3,100 $397,911 $416,000 $428,000 “Strong economic growth, an 4,306 Chilliwack District 3,181 2,870 2,7002018. 345,528 355,000 362,000 consumer demand and are expected to keep home sales atthrough elevated levels through 2018. The ten-year average was a 5.3 per cent increase from the same period lastThe year. onsumer demand and$698,761, areand expected to keep home sales at elevated levels ten-year average 37.2% -21% -8.8% 18.4% 4.5% 2.9% Kamloops and District expanding population base and 23.6% is 84,700 -9.8% -5.9% 5.9% 2.7% 2% for MLS® residential salesisin84,700 the province units. or MLS® residential sales in the province units. 3,181 2,870 2,700 345,528 355,000 362,000 District aKamloops lack of and supply continue to 10,036 8,400 8,600 $461,791 $468,000 $476,000 -9.8% -5.9% 5.9% 2.7% 2% Okanagan Mainline growth, an 23.6% “Strong economic 25.6% -16.3% 2.4% 13.1% 1.3% 1.7% drive BC home sales and prices 10,036 8,400 8,600 $461,791 $468,000 $476,000 “British Columbia’s postion as the best performing British Columbia’s postion as the best performing Okanagan Mainline expanding population base and 2,459 2,050 1,975 $364,295 $351,000 $356,000 25.6% -16.3% 2.4% 13.1% 1.3% 1.7% this summer,” said Cameron economy in the country is bolstering consumer South is Okanagan* conomy in the country bolstering consumer 21.6% -16.6% -3.7% 11.3% -3.6% 1.4% a lackBCREA of supply continue to 2,459 1,975 $364,295 $351,000 $356,000 Muir, Chief Economist. confidence and housing demand,” said Cameron2,050 onfidence and housing demand,” said Cameron South Okanagan* 260 285 325 $233,363 $243,000 $248,000 21.6% -16.6% -3.7% 11.3% -3.6% 1.4% drive BC home sales and prices Northern Lights Muir, BCREA Chief Economist. “Strong employment Muir, BCREA Chief Economist. “Strong employment “However, home sales have -16.7% 9.6% 14% -13.4% 4.1% 2.1% 260 285 325 $233,363 $243,000 $248,000 this summer,” said Cameron Northern Lights growth, a marked increase in migrants from other rowth, a markededged increase in migrants from other 2,955 2,500 2,575 $282,758 $286,000 $291,000 back 4 per cent since -16.7% 9.6% 14% -13.4% 4.1% 2.1% Kootenay Muir, BCREA Chief Economist. provinces, ageing of the millennial rovinces, and the ageing ofand thethe millennial 18.2% -15.4% 3% 2.7% 1.1% 1.7% 2,955 2,500 2,575 $282,758 $286,000 $291,000 May, with active listings Kootenaya heightened 4,069 4,100 4,250 $263,703 $265,000 $269,000 generation ishome supporting a have heightened level of eneration is supporting level of “However, sales 18.2% -15.4% 3% 2.7% 1.1% 1.7% BC Northernto bounce back from beginning -3.4% supply4,100 0.8% 3.7% -0.4% 0.5% 1.5% housing transactions. However, a limited of ousing transactions. However, aper limited supply of 4,069 4,250 $263,703 $265,000 $269,000 edged back 4 cent since BC Northernlow,” added Muir. “If112,209 20-year 96,345 95,770 691,144 657,026 666,657 for sale is causing home prices to rise omes for sale isahomes causing home prices to rise -3.4% 0.8% 3.7% -0.4% 0.5% 1.5% BC Totallistings May, with active 9.5% in the 96,345 -14.1% -0.6% 8.6% -4.9% 1.5% these trends continue, may 112,209 95,770 691,144 657,026 666,657 significantly in many regions, particularly gnificantly in many regions, particularly initthe BC Total beginning to bounce back from NOTE: The Northern Lights Real Estate Board (NLREB) became part of the South Okanagan Real Estate Board (SOREB) on January 1, 2011. 9.5% -14.1% -0.6% 8.6% -4.9% 1.5% that more balanced market”. Lower Mainland condominium ower Mainland signal condominium market”.

Summer Housing Market Continues to Sizzle

Robust BC Home Salesby Supported by Strong Economy Robust BC Home Sales Supported Strong Economy Summer Housing Market Continues to Sizzle

Northern Lights a*Excluding 20-year low,” added Muir. “If became part of the South Okanagan Real Estate Board (SOREB) on January 1, 2011. NOTE: The Northern Lights Real Estate Board (NLREB) market conditions could *Excluding Northern Lights these trends continue, it may The average MLS® residential priceyear.” in the province he average MLS® residential price in the province emerge before the end the BCREA Economics provides timelyof research, analysis and information on economic factors affecting British Columbia and its housing markets. signal that more balanced is forecast to increase 3.5 per cent to $715,000 this year, further 4.1 per cent to in nearly forecast to increase 3.5 per cent to $715,000 this year, and a further 4.1 and per acent to nearly $745,000 2018.$745,000 in 2018. BCREA Economics provides timely research, analysis and information on economic factors affecting British Columbia and its housing markets. However, the provincial average pricelower is being lower the result a change in the owever, the provincial average price is being skewed as skewed the result of a as change in theofmix and share of mix and share of market conditions could The British Columbia Real Estate Association (BCREA) is the Year-to-date, BC residential sales dollar volume was down perand cent to $45.6 billion, when Send19.3 questions comments about the homes selling. Fewer detached home sales relative to attached and apartment properties and aHousing largerForecast to: omes selling. Fewer detached home sales relative to attached and apartment properties and a larger emerge before the end of the year.” in BC, professional association for more than 20,000 REALTORS The British Columbia Real Estate (BCREA) is the compared with the sameAssociation period in 2016. Residential unit sales declined 17.0 per cent to 64,107 ®

Send questions and comments the Housing Forecast to: Cameron Muir, Chief Economist, proportion homeoutside sales occurring outside Metro region are operating to hold back the roportion of home sales occurring theimpact Metro Vancouver regionVancouver are operating to hold back theabout ® focusing onof provincial issues that real estate.the Working in BC,with professional association for more than 20,000 REALTORS cmuir@bcrea.bc.ca; 604.742.2780 while the average MLS® residential price was down 2.8 per cent to $710,921. provincial averge price. Home prices in ten of the 11 real estate board areas are forecast to rise at a higer rate rovincial avergeunits, price. Home prices in ten of the 11 real estate board areas are forecast to rise at a higer rate Cameron Muir, Chief Economist, the province’s 11BC realissues estate that boards, BCREA continuing focusing on provincial impact realprovides estate. Working with was down 19.3 per cent to $45.6 billion, when Year-to-date, residential sales dollar volume cmuir@bcrea.bc.ca; 604.742.2780 Brendon Ogmundson, Economist, than the provincial average. han the provincial average. professional advocacy, research and the province’s education, 11 real estate boards, economic BCREA provides continuing

compared with theREALTORS same period in 2016. Residential sales declined 17.0 per cent to 64,107 bogmundson@bcrea.bc.ca; 604.742.2796 -30- unit Brendon Ogmundson, Economist, provide value for their standard forms to helpadvocacy, professional education, economic research and clients. units, while the average MLS® residential price was down 2.8 per cent to $710,921. bogmundson@bcrea.bc.ca; 604.742.2796 – 30 – – 30 – for their clients. For moreforms information, please contact: provide value standard to help REALTORS ®

Additional economics information is available on

To demonstrate the profession’s commitment to improving Quality

BCREA’s website at: www.bcrea.bc.ca. Cameron Muir Additional economics information is available on ToToof view the full BCREA Housing Forecast, click o view the full BCREA Housing Forecast, click here. Life in BC communities, BCREA supports policies thathere. help demonstrate the profession’s commitment to improving Quality -30BCREA’s website at: www.bcrea.bc.ca. Chief vitality, BCREA providesupports housingpolicies opportunities, preserve ofensure LifeEconomist in economic BC communities, that help To sign up for BCREA news releases by email visit: For more information, please contact: the environment, protectprovide property owners and build better For more information, please contact: or more information, please contact: www.bcrea.bc.ca/news-and-publications/publications/ Direct: 604.742.2780 ensure economic vitality, housing opportunities, preserve To sign up for BCREA news releases by email visit: Cameron Muir manage-subscriptions. communities with good schools and safe neighbourhoods. Cameron Muir protect property owners and build better ameron Muir Mobile: the environment, www.bcrea.bc.ca/news-and-publications/publications/ 778.229.1884 Chief Economist manage-subscriptions. communities with good schools and safe neighbourhoods. Chief Economist hief Economist Email: cmuir@bcrea.bc.ca Direct: irect: 604.742.2780 Direct:604.742.2780 604.742.2780 Mobile: 778.229.1884 Mobile: 778.229.1884 Mobile: 778.229.1884 Housing Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, Email: cmuir@bcrea.bc.ca provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” mail: cmuir@bcrea.bc.ca Email: cmuir@bcrea.bc.ca Housing Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, BCREA makes no guarantees as to the accuracy or completeness of this information. 2 provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” 1420 –Georgia 701 Georgia Street W,completeness PO BoxCentre, 10123, Pacific Centre, 20 – 701 Georgia Street W, PO Box 10123, Pacific Vancouver, BC Vancouver, V7Y 1C6 BC V7Y 1C6 BCREA no guarantees as to accuracy this information. 1420 - 701makes Street West, POthe Box 10123,orPacific Centre,ofVancouver, BC V7Y 1C6 | Phone: 604.683.7702 | Fax: 604.683.8601 | Email: bcrea@bcrea.bc.ca ®

1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 President Jim Stewart Past President Deanna Horn

| |

President-Elect James Palanio Chief Executive Officer Robert Laing

| |

bcrea@bcrea.bc.ca www.bcrea.bc.ca

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bcrea@bcrea.bc.ca

Vernon

*Personal Real Estate Corporation

604.683.7702 (tel) 604.683.8601 (fax)

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

We are NEVER too busy for your referrals

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Heidi Lussi Real Estate Team

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Vernon

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#85 - 4740 20th Street New

3938 16th Ave New

2 bed, 2 bath corner unit, ground floor with patios front & back. Covered parking/storage room. Walk to shopping, bus, & park. Clubhouse for all to enjoy. $194,000 MLS®:10141650

Great Location! Fantastic Upgrades! Wonderful family home located close to school & parks. Great views, stunning landscaping, bright & updated family home with a mortgage helper suite. $485,000 MLS®:NEW

17309 Coral Beach Rd New

Location, Location, Location! 0.33 acre corner lot, across from Coral Beach Park which is located on Okanagan Lake. Well maintained 2 bedroom home, close to Winfield & Kelowna. $610,000 MLS®:NEW

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2.61 ACRE - GARDOM GETAWAY! - 940 Musgrave Road, Gardom Lake The pallet is yours to create! Endless possibilities for the handy person that wants to put some sweat equity into a great location! This partly forested, partly cleared, property, offers you privacy and peacefulness, a stone throw from the lake. Call Maria for more information or viewing appt. MLS 10140704

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

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Brenda Ellis

Brent Stevenson

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Deb

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DonKassa

REALTOR ® SERVICES Over 45 years of combined experience

Don Kassa (left) REALTOR®

Ryan Danchuk (middle) REALTOR®

Tracie Gobelle (right) Administrator

250.549.4161

DonKassa.com donkassa@donkassa.com

A level Predator Ridge lot with quality retaining walls on two sides. Level building site ideal for a rancher. No build area at the rear. Open space adjacent for privacy. MLS#10135673

Quick possession. A quality three bedroom home in an adult community in a quiet, convenient downtown location in Armstrong. Nine foot ceilings on the main floor, open concept main floor, three bedrooms, two and a half baths. Spacious master bdrm with 3 piece ensuite and walk in closet. Custom blinds on main floor and master bedroom. Covered patio in the very private rear yard with mature hedges and fencing. MLS#10136697

#18 - 2339 Patterson Ave

New Price

8798 Braeburn Drive

$419,800

16.15 acres in Coldstream, with lake and valley views. South facing property is gently rolling. This is a fantastic location - close to schools, shopping, and almost unlimited recreational opportunities. Property has an agricultural water allocation for 5.26 hectares for irrigation. This equates to approximately 28,930 cubic metres per year. Due to its location, the property is not greatly impacted by Hwy 6. Access trails through property have been mowed. MLS#10137144

9269 Highway 6

$987,500 On Okanagan Lake, 10 minutes from downtown Vernon, BC. A spectacular view of one of the widest parts of Okanagan Lake. 80 feet of lake frontage, .21 acres with a gentle slope and easy access. Near a public boat launch for convenience. Owned by the same family since the 1950s. MLS#10132068

8823 Okanagan Landing Rd

701 Brassey Crescent

Brand new 5 bdrm, 4 bath home w/ a backyard oasis and stunning views of Kalamalka Lake and Kal park. 3490 sqft. Enjoy the deluxe kitchen while taking in the views or watching the kids play in the pool. The terraced rear yard is fully landscaped with multiple sitting areas, 7 raised garden beds, 6 fruit trees and a natural swimming pool built right into the rock. MLS#10139037

$1,199,000

$1,040,000

Vernon

$288,000 Sweeping views from the Spallumcheen valley to Kal Lake from this 4.97 acre dream property. Adjacent to the Grey Canal walking trail and only 8 minutes from town the lot has great South Western exposure allowing for incredible sunsets. Numerous building sites, you can choose to build in the trees or right above the rocky bluffs. Well is in with plenty of water at 9GPM. MLS#10139734

Lot 1 Mclennan Rd

$449,900 A rare beachfront unit at the Strand Lakeside w/ direct access to the lake from the patio. Quiet end of the building with close proximity to the marina, pool, and beach. 2 storey unit with 2 bdrms PLUS a den with bunkbeds. Stunning lake views from both levels. Home is immaculate and has been non smoking and pet free. Fully furnished and ready to move into. 2 convenient heated, underground parking spaces, a storage locker, and a boat slip. GST is paid. MLS#10134092

#1007-7343 Okanagan Landing Rd

$798,000

The Strand Lakeside Resort strata complex. Quick possession! A 2 bedroom, 2 bath unit. Appliances included. 1 underground parking stall. More parking stalls available. Now rezoned to C10A which allows for full time occupancy with a top up payment to the City of $8,457.00. There is no longer a rental requirement, and these units may be financed. The Strand has a premium wharf, sandy designated swimming area, storage lockers & bike storage as well as roof top patio areas. MLS#10133475

#2104-7343 Okanagan Landing Rd

$279,900

To view more listings please visit www.DonKassa.com or www.SilverStarProperties.ca

OkanaganHomes.com | 250.549.7050

The BX

Coldstream

Okanagan Landing

6481 Holbrook Road

8508 Lakeview Drive

1002, 7343 Okanagan Landing Road

Country Lifestyle 5 Minutes from Downtown Quiet no-thru street. Level & fenced 1/3 acre yard with snacking orchard & garden. Room for your shop! One level, 3 bedroom, 1.5 bath home. Family room with gas fireplace opens to large deck with views! Ideal first or retirement home!

Family home with Kalamalka Lake View! 4 Beds & 3 baths. Walnut cabinets, hardwood, & quality carpet. .32 Acre with fenced & private backyard. Extra parking! Great location, across from the park! Walk to Okanagan College & Greater Vernon Athletic Park!

Lock & Leave - Okanagan Lakeshore Townhome Beachfront! 2 Bedrooms, den, 2.5 bathroom townhome. Furnished. Private patio with fireplace! Boat slip! Pool! 2 Underground parking stalls. Onsite management. A great investment!

$439,000

$588,000

$729,000

mls 10140508

mls 10139255

mls 10128928

Armstrong

Vernon

The BX

4605 Lansdowne Road

7436 Sun Peaks Drive

1299 Galiano Road

7.36 Acres, Minutes to Armstrong 360 Degree views! Horse setup. Family home, 3 bedrooms, den, 3 baths! Triple garage. New sewerage treatment system, furnace, air conditioning, updated kitchen, flooring, gutters, fencing. Immediate Possession.

Contemporary Home with Spectacular Views Walls of windows! Views of Okanagan Lake & City. 4 Bedroom, den, 4 bath, custom home. Open plan. Covered patio. Fenced yard. Family-oriented neighborhood, minutes to town or Silver Star!

Private Acreage with Lake & Valley View 5 Private, treed, easy-care acres! Gated. Easy access to Crown Land! Level entry 4 bedroom, 3 bath home with vaulted ceilings & spectacular views of the valley & lake! Games & Family area. Room for your shop & toys! Immediate Possession!

$825,000

$799,000

$989,000

mls 10139761

mls 10134905

Heather Paulsen

Alan Stier

Craig Demetrick

REALTOR

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

Barb Williamson* Priscilla Sookarow REALTOR®/Managing Broker

Owner/REALTOR®

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

Priscilla

mls 10134124

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