Vernon Real Estate Pages by Silver Star Media

VERNON & AREA

Armstrong Enderby Lumby

This listing is proudly presented by

Kari Wilton Custom designed home on 20.63 forested acres with it's own pond and trails to explore the fantastic views of the valley below. Call 250 - 503 - 8727 or visit www.KariWilton.ca

Issue 29 â&#x20AC;˘ Feb 25 - Mar 10, 2018

Greg Barteluk

Robin Baycroft*

Glenn Beach

Larry Bennetto

Murray Bennetto

Maria Besso

Chrysta Cleverley*

Mark Collett

Don Cowan

Doug Cuthbert*

Ryan Danchuk

Brandy DeBartolo

Don Defeo*

Craig Demetrick

Judy Fischer

Debbie Fisher

Gord Fowler

Jacquie Friesen RE/MAX Vernon

RE/MAX Armstrong

Roger Gates

Marty Gilbert*

Kyle Goulet

Chris Holm*

Bev Jones

Greg Kalyniuk RE/MAX Vernon

RE/MAX Vernon

Don Kassa

Christie King

Heidi Klein*

John Kristian*

Woody Kuraoka

Tracy Lauriente

Bonita Lundquist*

Heidi Lussi*

Nick Lutsenko

Graysen Marsh

Jayme McKillop Shane McMorran*

RE/MAX Vernon

RE/MAX Enderby

RE/MAX Lumby

RE/MAX Enderby

RE/MAX Vernon

RE/MAX Armstrong

RE/MAX Vernon

Stewart Pearson* Ashley Prenioslo

RE/MAX Commercial Solutions

Pratab Sidhu RE/MAX Vernon

Armstrong

RE/MAX Vernon

RE/MAX Commercial Solutions

Graeme Magee

Ken Magel

Teresa Prince

Dave Pusey*

Claire Radford*

RE/MAX Vernon

RE/MAX Priscilla

RE/MAX Vernon

Commercial Solutions

RE/MAX Vernon

Priscilla Sookarow Cheryl Soleway

Shawna Sidhu*

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

RE/MAX Vernon

Enderby

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Lumby

RE/MAX Enderby

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RE/MAX Commercial Solutions

Lisa Salt*

RE/MAX Vernon

Tammy Stein

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RE/MAX Vernon

Vernon

RE/MAX Vernon

Krista Blankley* Shelby Bouchard RE/MAX Vernon

RE/MAX Vernon

RE/MAX Lumby

RE/MAX Vernon

Chris Santos

Beate Schmidt

Alan Stier

Dawn Taylor*

Rob Wasilew

Cliff Wenger

RE/MAX Vernon

RE/MAX Priscilla

RE/MAX Vernon

Vernon (Silver Star Office)

908 George St Box 188 2095 Shuswap Ave 5603 27 Street 108-152 Silver Lode Lane Enderby, BC V0E 1V0 Lumby, BC V0E 2G0 Vernon, BC V1T 8Z5 V1B 3W9 250.547.9266 250.549.4161 250.838.0025 250.549.4161

*Denotes Personal Real Estate Corporation

RE/MAX Priscilla

RE/MAX Vernon

Each office independently owned and operated.

RE/MAX Vernon

Sandra Bradley* RE/MAX Vernon

Norm Brenner* RE/MAX Vernon

Stefe Brenner* RE/MAX Vernon

Kathy Broderick*

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 Deb Deveau RE/MAX Enderby

Denise Dobie* RE/MAX Vernon

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RE/MAX Vernon

@RightAgents TheRightAgents.tumblr.com

Connor Hutchinson RE/MAX Vernon

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RE/MAX Commercial Solutions

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pinterest.com/TheRightAgents youtube.com/TheRightAgents

Tannis C. Lavik V. Charlette Lavik RE/MAX Armstrong

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

Darline Scott RE/MAX Lumby

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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

Barb Williamson* RE/MAX Priscilla

Kari Wilton RE/MAX Vernon

Brad Marsh

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

Each office independently owned and operated.

Hutch "N" Son 250-558-8728 sidhutch@gmail.com

Vernon

Lovely 2 Bdrm, 1.5 Bath, Town-home with all the amenities of a resort! Gorgeous hardwood flooring throughout the open-concept main floor plan.

Excellent central location of this renovated 2 bdrm, 1 bath home with in suite laundry. Close to all amenities, shopping, transit, and schools. MLS®10150027

MLS®10148514

#111 - 4100 24th Avenue

$249,900

#206 - 3800 28A Street

Great value for a full side by side duplex! Located close to town & schools. Featuring 3 bdrms up & 2 bdrms down with rec rooms and storage lockers on each side. MLS®10148019

3807 Okanagan Ave.

Business & Farm

Home & Travel

Auto & RV

$174,000 Fantastic 3 bdrm, 2 bath,1500 sqft family home in Mission Hill. Spacious deck with a large private backyard. Close to town, parks, and schools. MLS®10145808

3417 16th Ave.

$499,900

hutchinson.connor@gmail.com 250-309-1633

$319,900

Amazing Coldstream investment opportunity. Full legal side by side duplex. Full walk out basements on both sides. Walking distance to Kalamalka Lake. MLS®10146300

11309 Coldstream Creek Rd.

$635,000 A desirable rancher with a basement in Cobblestone Lane. This home features a open floor plan, 2 bedrooms, 2 bathrooms superb location, maple kitchen and hardwood. MLS®10150554

#118 - 5805 Tern Place

$464,900

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

INC

SilverStarMedia.ca 250.545.8858

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 nor Silver 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.

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

Vernon

6760 Cools Road

#236 101 Village Centre Court

9286 Kokanee Road

Updated rancher with full basement on a large level lot in the B.X. Great family orientated neighbourhood with school bus service, yard is fully fenced and landscaped. 3 bedrooms, updated kitchen, new tile in bathroom and completely repainted. Most windows are newer and the roof is only 7 years old. Basement is ready for your ideas, would make a great media/family room.

At The Lodge at Predator Ridge Golf Resort near Vernon, BC. A beautifully furnished suite with 2 master bedrooms with king beds & ensuite bathrooms. Large south-facing private deck & fabulous golf course views. Windows on three sides. There is a managed rental program to earn revenue when you don't use the suite. The location is perfect: close to the clubhouse, golf, Fitness Centre with indoor pool, outdoor pool, tennis courts. The Lodge has its own pool for guests, a great room, BBQ area, The Commonage Market, and Pallino's Restaurant. 15 minutes south of Vernon and 25 minutes from Kelowna airport.

Large family home with plenty of room for kids and guests; including a large driveway and separate entrance to a full in-law suite. It has: 5 bdrms + den, 4 baths, a formal dining room, living room, family room, rec/games room, 2 laundry rooms, and a large storage area. Located in a great neighbourhood & friendly community, which is quiet, private and secure. New deck which is wired for a hot tub and has a natural gas hook up, front porch, a lightly renovated kitchen, and new roof.

NEW

$439,000

MLS®:10150249

$219,800

MLS®:10146246

$749,000

MLS®:10148119

9877 Cathedral Drive

#59 - 9845 Eastside Road

#1007 7343 Okanagan Landing Rd.

At Silver Star Mountain Resort near Vernon, BC. This is one of the largest and most private fee simple duplex lots in The Ridge subdivision. South exposure with a level driveway possible. Easy ski to and from access right at the rear of the property, appropriate for all levels of skiers. Victorian or Craftsman building scheme. The Silver Star Shuttle Bus now goes to the Ridge.

Okanagan Lakeshore Lifestyle! Highly desirable 3 bedroom, 3 bathroom Forest Cabin at The Outback Lakeside Resort on Okanagan Lake. Featuring 2 large bedroom suites with full baths, plus an entirely separate bedroom/bathroom suite with its own entrance for guests. Large partially covered deckis perfect for entertaining. The Outback offers a private beach, three pools, two tennis courts, four hot tubs, a well equipped fitness centre, teen/game rooms, and 60 acres of natural Okanagan landscape. Access to popular mountain biking, hiking, and snowshoeing trails in the neighbouring Ellison Provincial Park.

A rare beachfront unit at the Strand Lakeside with direct access to the lake from the patio. Quiet end of the building with close proximity to the marina, pool, and beach. Only steps away from the water. Two storey unit with two bedrooms 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. Two convenient heated, underground parking spaces, a storage locker, and a boat slip. The Strand features a pool hot tub, roof top areas featuring a rooftop putting green, a premium wharf and a great beach area. GST is paid.

$209,000

MLS®:10145069

$448,000

MLS®:10140265

$798,000

MLS®:10134092

Please visit our newly redesigned website www.silverstarproperites.ca

11 Lakeshore Drive

#150 9510 Hwy 97

$225,000

Lease paid until 2043

Dawn Taylor Personal Real Estate Corporation

DawnTaylor.ca 250-309-4092

10271 Columbia Way

$349,900

$75,000

Brand New Modular

Westshores Estates

2 beds, 1 bath modular in Parker Cove. Across from the beach on Okanagan Lake

2 beds, den, 2 baths, open main floor, 9ft ceilings, central air, double garage being added.

0.41 acre building lot, Lake access only minutes away. Suitable for a level entry home.

562 Meadowlark Ave

241 Grouse Avenue

326 Mountain Drive

e siv clu x E

$413,000

Short Walk from Beach

2 bdrm, 2 bath rancher. Extra large lot w/ parking, Single car gargage. Open plan, Oak Kitchen

378 Lakewood Road

$398,888

$75,000

Gorgeous 2016 Rancher

0.59 acre Treed Building Lot

0000 Highway 97 Vernon

427 Hummingbird Ave.

3 beds, 2 baths, huge open plan Westshore Estates. Gentle slope main living area. 5 minute walk from the road. Zoned R1. Minutes away from beach & boat launch. away from Okanagan Lake

$65,000

0.60 Acre Building Lot

Vernon

Westshore Estates. Water power at the lot line. No time frame in which to build.

$259,900

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

LOOKING TO BUY OR SELL?

GIVE ME A CALL, LETS CHAT! 194 Falcon Ave

$159,900

View of Okanagan Lake

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

6628 Pleasant Valley Rd.

$299,900

Looking for New??

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

$1,700,000

Beautiful Lakeview Lot 9.86 acre property. Mixed zoning of Country Residential and C4 (service commercial)

2229 Catt Avenue, Lumby NEW

MLS 10150463

$355,000

5380 69 Avenue, NE, Salmon Arm NEW

Chrysta Cleverley Personal Real Estate Corporation

MLS 10149995

$189,000

1011 Foothills Court, Vernon

250-309-1296

Your Ad Here 250.545.8858

chrystacleverley@remax.net MLS 10145789

$689,000

71 Sugar Lake Road, Cherryville Lot

www.YourRealEstatePages.com Vernon

MLS 10137133

$255,000

Vernon Real Estate Pages

@REPVernon

YOURREALESTATEPAGES.COM | 7

LIS

Harwood: Unit #72 - 4740 20th Street, Vernon Affordable, desirable, corner upstairs unit in Skyway Village. 2 bdrm, 2 bth, 904 sq. ft. Private stairway, extra bay window in kitchen, oak cabinets, laminate floors, gas f.p. $229,900

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

Vernon

e-Editions available online YourRealEstatePages.com

Deb

Deveau REALTOR®

Your Key to the North Okanagan

y ecurit Job S

@REPVernon

Judy

Fischer REALTOR®

Bonita

1-888-609-7764 250-838-0025

Lundquist*

908 George St. Enderby, BC

900B Belvedere St., Enderby

$149,900

Vernon Real Estate Pages

“LOOKERS” Hair Salon, Price includes turn key business and the Strata Unit. Owner is willing to stay on & work along side a Buyer. Call Bonita, Deb or Judy! MLS 10141263

Enderby

REALTOR® *Personal Real Estate Corporation

mic ora Pan iews V

cres 20 A

$559,000 115 Twin Lakes Road, Enderby Call Deb & Judy @ The Key Team - MLS10143516

$890,000 24 Rohan-Peters Road, Enderby Call Deb & Judy @ The Key Team - MLS10138953

w r Vie Rive

Shop

$339,000 57 Parsons Road, Enderby Call Deb & Judy @ The Key Team - MLS10145876

$314,900 #15-303 Regent Ave., Enderby Call Deb & Judy @ The Key Team - MLS10148790

J&J Real Estate Associates

Jen Sellar 250.309.3439

Jayme McKillop 250.307.8137

jen@jjsellrealestate.com

jayme@jjsellrealestate.com

The Oaks Luxury Townhome Development This development is in an ideal location close to all amenities, the beach, several golf courses, wineries, skiing & more! What more could you ask for?

Promo Pricing Starting at $424,900 incl. net GST!

NOW SELLING Phase 4

Phase 2 & 3

NOW SELLING

Vernon

6600 Okanagan Avenue

Kalamalka

Okanagan

Phase 1

Choose from a traditional rancher with walk-out daylight basement or an entry level plan with huge vaulted ceilings & a sophisticated loft. Promo pricing still offered on select units for a limited time!

All units include: · Your choice of 3 fabulous & high quality interior design packages · Oversized double garage · Stainless steel kitchen appliances · A/C

Get in on these great Luxury Townhomes at these affordable prices before it’s too late!

CALL/TEXT US TODAY FOR MORE INFO!

The sign you want The Agent you need. TheRightAgents @RightAgents TheRightAgents.com

YOURREALESTATEPAGES.COM | 9

250.309.0039 chris@chrisholm.ca

Shelby Bouchard

REALTOR®

250.549.0023

250.309.9969

250.308.4310

4611 Bellevue Drive

$455,000

(unlicensed)

2004 Kelsey Road

$979,000

Beautiful 2,010sq.ft. 3 bed, 2 full + 2 half bath, 3 level townhome in a newer family neighbourhood in Vernon. Perched on a hill overlooking lake, mtns, & valley, & offering breathtaking panoramic views from the private deck & covered lower level patio. Main lvl features a well appointed kitchen with stainless steel appliances, dining area, & living room with access to the patio. Conveniently located on a dead end street close to all amenities, no strata fees, plus school bus pickup right outside the door. MLS#10147996

M ST R

New Price

O M ST R AR Well laid out and conveniently located 1,742 sq. ft. 4 bed, 1 bath home in a family friendly Armstrong neighbourhood. Main level contains 3 bedrooms, 4 piece bathroom, bright living room, dining area, and kitchen with plenty of counter space and access to the back yard. Partially finished basement features a large family room, 4th bedroom, large laundry and utility room, plus additional storage room. Fenced back yard offers a covered patio, storage shed, and room for the family to relax and play outside. MLS#10150332

Natalia Vignola Graphics & Design

Yania Greenaway Admin Assistant

(unlicensed)

N G

$365,000

Diane Callbeck Client Care

N G

REALTOR®

2595 Dunn Road

Brenda Ellis

Brent Stevenson

Unique, private, and pristine 1,895 sq. ft. 4 bed, 2 bath Precision Machined Berkhart Fink log home nestled in the hills over Armstrong and Enderby. Front door opens to a breathtaking view through the dining area, with French doors leading out to a large wraparound sundeck. Separate heated double garage/shop for parking, storage, and projects. A rural paradise over 99+ acres, with horse shelter, tack shop, equipment bay, and quality fencing ready for horses. Enjoy the outdoors building endless trails through your own land, or relax on the deck and take in the scenery. MLS#10150413

Because the world is online, so are all of our listings.

View our listings + 100's more at ChrisHolmRealEstate.ca

Vernon

250-540-3557

Krista@KristaBlankley.ca

Custom designed home on 20.63 forested acres

$645,000

3933 Desert Drive, Vernon

MLS® 10149988

Your own pond and trails to explore the fantastic views of the valley below. 3 bedrooms, 2 bathrooms 2 living/family rooms 2 covered decks

Located in family friendly park Move right in to this masterfully built Everton Ridge 3 bedroom, 3 bath home in the desirable Turtle Mountain community. This home comes with it all! The top floor boasts a bright modern open concept living area with 9 foot ceilings, built in speakers, gas fireplace and endless views off the generous sized front covered deck - perfect for a quiet night or entertaining guests. The kitchen features stainless steel appliances, island with bar seating, pantry with a modern barn door, gas range and easy access to the back patio and fully fenced back yard. Meander to the cozy master bedroom flaunting a barn door to the walk in closet and a remarkable 5 piece ensuite with double sized frameless glass shower and soaker tub. On the lower floor find a large media room with built in speakers, a third bedroom and a full bathroom - a great place for guests or the teenager in your family. This home is ideally located near the Grey Canal trails for evening strolls or taking the family canine for a walk.

$589,900

mls 10148073

$119,900

MLS® 10143717

Vaulted ceiling and skylights keep this home bright and inviting. 2 bedrooms, 1 bathrooms Large yard with fire pit Front and back decks

John Kristian

Personal Real Estate Corporation

John@johnkristian.ca I 250.550.0234 Introducing the newest member of the team!

Brandy De Bartolo

Personal Real Estate Corporation

Robert Moorhouse

brandy@okanagansavvy.com I 250.558.8839

Buyers Agent

2304 44th Avenue, Vernon

#204 - 409 Main Street, Sicamous

#103 - 2500 53 Ave, Vernon

Completely updated 4 bdrm, 3 bath home w/ suite, detached garage, fenced yard, walking distance to schools & amenities.

In the heart of Sicamous off Mara & Shuswap lakes. Walking distance to beaches, lakes, shopping and entertainment.

Great Commercial Space, located in a high traffic area. Approx. 1000 sqft of Retail Space. 3 Parking Stalls.

MLS®10150020 $499,900

MLS®10150028 $89,900

MLS®10142911 $289,900

928 34 Avenue, Vernon

105 Gunter-Ellison Road, Enderby

7160 Apex Drive, Vernon

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

This .45 acre lot is only minutes from town, schools and recreation. City services, water, sewer gas & hydro all available.

Custom built Foothills home by Brentwell Construction will have both levels fully finished w/ 4 bdrms (2+2), 3 full baths.

MLS®10127964 $865,000

MLS®10148577 $79,000

MLS®10146210 $719,900

We Help Your Business

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YOURREALESTATEPAGES.COM | 11 #1 - 6600 Okanagan Ave

Va l

· Almost 2000 sq.ft. · 1+2 Bedrooms · 1.5+1 Bathrooms · Choice location in complex · Hardwood & granite · Dynamic mezzanine overlooks great room MLS: 10141204 $419,900

· 3+1 bdrms, 2.5 baths · Newer subdivision on East Hill · Open Concept, Great Quality · SS Appliances · Fenced backyard · Generous sized Garage

JANE FIELD

909 33 Avenue, Vernon

Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755

jane@vernonrealestate.ca

#3 - 8014 Whitestone Drive, Vernon

Vernon

that will move you RRS

Registered Relocation Specialist

Thinking of Selling? Call me for a FREE market evaluation* *Some restrictions apply

5603 - 27th Street Vernon, BC V1T 8Z5

250.938.2830

The sign you want The Agent you need. TheRightAgents.com

· 3 bedrooms + den · 3 bathrooms · Open concept · Amazing Kalamalka Lake views

Experience

@RightAgents

TheRightAgents

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

Don Cowan

Vernon

This spot reserved for YOUR home!

Call today for a FREE Market Evaluation and let's get your home SOLD

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

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

We are NEVER too busy for your referrals

The

Heidi Lussi Real Estate Team

Vernon

www.heidilussi.com | 250-503-3487 | info@heidilussi.com #117 - 3700 28A Street

Affordable 2 bed, 1 bath main floor unit in Mountainview Place apartments. Close to new shared laundry room. Fridge & stove included. New hot water tank. Building has had lots of renovations & a large lawn/garden area with picnic table for all to enjoy. MLS®10150357

New

67 Shuswap River Drive New

9285 Kokanee Road

$149,500

New

MLS®10150447

4300 East Vernon Road

$839,500 Hybrid Timber Frame Home nestled amongst trees. 3 bedrooms, 3 bath, open design, 2 fireplaces, great heating system. 19.74 acres, approx. ½ fairly level with gentle slopes, pond, parklike setting, rail fencing & concrete foundation for a guest house. Access Shuswap River right across the street. Bring your family, animals & toys. MLS®New

$179,000 1.3 Acre Lot, mostly treed and sloped with great building site, water, hydro, gas at lot line, 260’ Road frontage; in area of quality homes. Priced well below assessed value. No GST!

$1,595,000 Location, Location, minutes to all of Vernon’s amenities. Level Productive Land 9.88 acres irrigated. Barn/shop/equipment storage, and riding arena. Approx. 4000 sq. ft. of quality living space. Privacy, mountain view, a perfect hobby farm. Just minutes to downtown. MLS®10140230

New Price

The sign you want The Agent you need. TheRightAgents.com

Your Ad Here 250.545.8858

www.YourRealEstatePages.com Vernon Real Estate Pages

@REPVernon

@RightAgents

TheRightAgents

YOURREALESTATEPAGES.COM | 13

Welcome to Desert Cove! 826 - 8th Avenue

820 - 8th Avenue

MLS速 10150301

MLS速 10150297

Newly Offered at $359,900

www.your5starteam.com Cliff Wenger REALTOR速

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

Tammy Stein REALTOR速

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

Vernon

e-Editions available online YourRealEstatePages.com

@REPVernon

Vernon Real Estate Pages

BCREA HOUSING FORECAST UPDATE BCREA HOUSING FORECAST UPDATE

February 20172017 February

HoH u so iunsgi nFgo rFeocr ae sc ta sStu m r ya r—y F—i r Fs itr sQtu Q a rutaerrt e r S ummam For immediate release

For immediate release mmediate release For For immediate immediate release release

Unit Sales Unit Sales

® ($) Average MLS®MLS Price Average Price ($)

Sales 2017F Dip2017F After Strong 2016 2016 2018F2018F December 2016 2016 2017F2017F 2018F2018F BoardBoard Area Area BC Home 10,028 9,250 8,500 585,745 599,000 608,000 10,028 9,250 8,500 585,745 599,000 608,000 BC After HomeStrong Sales Dip Dip After Strong Strong December December Victoria Victoria BC Home Sales Dip December BC Home Sales After 27.5% -7.8% -8.1% 12.3% 2.3% 1.5% 27.5% -7.8% -8.1% 12.3% 2.3% BC Home Sales Dip After Strong Vancouver, BC – February 15, 2018. The British Columbia RealDecember Estate Association (BCREA) 1.5% For immediate release 10,532

9,400

8,750

$383,192

$396,000

$402,000

10,532 9,400 8,750 $396,000 $402,000 Vancouver Island reports that aIsland total of 5,30615, residential sales were recorded by $383,192 the Multiple Listing Service® Vancouver Vancouver, BC – February 2018. Theunit British Columbia Real Estate Association (BCREA) 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% ouver, BC – February 15, 2018. The British Columbia Real Estate Association (BCREA) Vancouver, BC –– February 15, 2018. The British Columbia Real Estate Association (BCREA) Vancouver, BC February 15, 2018. The British Columbia Real Estate Association (BCREA) (MLS®) across the province inresidential January, an increase of 18.3 per cent from the$288,000 same period last 417 390 345 $284,471 $291,000 reports that a total of 5,306 unit sales were recorded by the Multiple Listing Service® 417 390 345 $284,471 $288,000 $291,000 BC Home Sales Dip After Strong December Powell River Sunshine Coast rts that a total reports of 5,306 residential unit sales were recorded by the Multiple Listing Service® that aa Sunshine total of 5,306 residential unit sales were recorded by the Multiple Listing Service® Powell River Coast 9.4% 9.4% -6.5% -11.5% 15.3% 1.2% 1% reports that total of 5,306 residential unit sales were recorded by the Multiple Listing year. The average MLS® residential price in BC was $721,477, 16.2 per cent from theService® -6.5% -11.5% 15.3% 1.2% (MLS®) across the province in January, an increase of 18.3 perup cent from the same period last1% ®) across the province in January, an increase of 40,880 18.3 an per34,000 cent from the same period lastthe (MLS®) across the province in January, increase of 18.3 per cent from same period last 40,880 35,750 1,017,228 942,000 963,000 34,000 35,750 1,017,228 942,000 963,000 (MLS®) across the province in January, an increase of 18.3 per cent from the same period last previous year. Total salesresidential dollar volume was $3.83 billion, a 37.4 per from Greater Vancouver year. The average MLS® price in BC was $721,477, up 16.2cent per increase cent from the January Greater Vancouver Vancouver, BC –price February 15, 2018. The in British Columbia Real Estate Association (BCREA) -5.2% -16.8% 5.1% 12.7% -7.4% 2.2% 2.2% The average MLS® residential in BC was $721,477, up 16.2 per cent from the year. The average MLS® residential price BC was $721,477, up 16.2 per cent from the -5.2% -16.8% 5.1% 12.7% -7.4% year. Theyear. average MLS® residential pricewas in BC was billion, $721,477, up$676,946 16.2 per cent fromfrom the$668,000 2017. previous Total sales dollar volume $3.83 a 37.4 per$676,946 cent increase January 23,086 19,700 18,900 $657,000 23,086aunit 19,700 18,900 $657,000 $668,000 reports that avolume total of 5,306 residential sales were recorded by the Multiple Listing Service® ious year. Totalprevious sales dollar was $3.83 billion, 37.4 per cent increase from January year. Total sales dollar volume was $3.83 billion, a 37.4 per cent increase from January Fraser Valley Fraser Valley previous year. Total sales dollar volume was $3.83 billion, a 37.4 per cent increase from January 15.1% -14.7% -4.1% 17.2% -2.9% 1.7% 1.7% 2017. 15.1% -14.7% -4.1% 17.2% -2.9% (MLS®) across the province in January, an increase of 18.3 per cent from the same period last . 2017. 2017. $397,911 $416,000 $416,000 $428,000 $428,000 “BC home sales dipped 10 per 4,306 cent4,306 3,4003,400 3,1003,100 $397,911 Chilliwack District Chilliwack and District year. Theand average MLS® residential price in-21% BC-21% was $721,477, 16.218.4% per cent from the 2.9% 2.9% 37.2%37.2% -8.8%-8.8% up 18.4% 4.5% 4.5% from December to January, on a “BC homeyear. salesTotal dipped 10dollar per 3,181 cent previous sales volume $3.83 a 37.4345,528 per345,528 cent increase from362,000 January 2,870 2,7002,700 355,000 home sales dipped 10 per cent “BC home sales dipped 10 per cent 3,181 was 2,870 billion, 355,000 362,000 Kamloops and District “BC home sales dipped 10 per cent Kamloops and District seasonally adjusted basis,” said from December to January, on a 23.6% -9.8% -5.9% 5.9% 2.7% 2% 23.6% -9.8% -5.9% 5.9% 2.7% 2% 2017.December December to January, on a to from on aa from December to January, January, on Cameron Muir, BCREA Chiefsaid Economist. 10,036 8,4008,400 8,6008,600 $461,791 seasonally adjusted basis,” 10,036 $461,791 $468,000 $468,000 $476,000 $476,000 Okanagan Mainline Okanagan Mainline basis,” said onally adjustedseasonally basis,” said adjusted 25.6%25.6% -16.3% 2.4% 2.4% 13.1%13.1% 1.3% 1.3% 1.7% 1.7% seasonally adjusted basis,” said -16.3% “New mortgage rules requiring Cameron Muir, BCREA Chief Economist. “BCChief homeEconomist. sales BCREA dippedChief 10 per cent2,459 2,0502,050 1,9751,975 $364,295 eron Muir, BCREA Cameron Muir, Economist. 2,459 $351,000 $356,000 $364,295 $351,000 $356,000 Cameron Muir, BCREA Chief Economist. conventional borrowers to qualify at a SouthSouth Okanagan* “New mortgage rules requiring Okanagan* from December to January, on21.6% a 21.6% -16.6%-16.6% -3.7%-3.7% 11.3%11.3% -3.6%-3.6% 1.4% 1.4% w mortgage rules requiring “New mortgage rules requiring “New ruleslikely requiring highermortgage interestborrowers rate conventional tocontributed qualify ato 285 285 260 at 325 325 $233,363 260a $233,363 $243,000 $243,000 $248,000 $248,000 seasonally adjusted basis,” said entional borrowers to qualify at a conventional borrowers to qualify at Northern Lights Northern Lights conventional borrowers to qualify at a the decline in home sales last month. -16.7% 9.6% 9.6% 14% 14% -13.4% 4.1% 4.1% 2.1% 2.1% -16.7% -13.4% higher interest rate likely contributed to Cameron Muir, rate BCREA Chief Economist. er interest ratehigher likely contributed tolikely interest contributed to 2,955 2,5752,575 $282,758 higher interest rate likely contributed 2,955to 2,5002,500 $282,758 $286,000 $286,000 $291,000 $291,000 The impact was magnified by amonth. strong the decline in home sales last Kootenay Kootenay “New mortgage rules requiring decline in homethe sales last month. decline in home sales last month. 18.2% -15.4% 3% 2.7% 1.1% 1.7% 1.7% 18.2% -15.4% 3% 2.7% 1.1% the decline in home sales last month. December many households The impactas was magnified by a strong conventional borrowers toby qualify at a 4,1004,100 4,2504,250 $263,703 4,069 $263,703 $265,000 $265,000 $269,000 $269,000 mpact was magnified by a was strong The impact magnified aa4,069 strong BC Northern The impact was magnified by strong BC Northern advanced their purchase decisions December as many households -3.4% 0.8% 3.7% -0.4% 0.5% 1.5% 1.5% -3.4% 0.8% 3.7% -0.4% 0.5% higher interest rate households likely contributed to mber as many December households as many December as policy’s many households ahead of the implementation.” 95,770 112,209 96,345 96,345 95,770 691,144 691,144 657,026 657,026 666,657 666,657 advanced their purchase decisions the decline inTotal home last112,209 month. BC BC Total salesdecisions nced their purchase decisions advanced their purchase 9.5% 9.5% -14.1% -0.6%-0.6% 8.6% 8.6% -4.9%-4.9% 1.5% 1.5% -14.1% advanced their purchase decisions ahead of thewas policy’s implementation.” The impact magnified by a became strong d of the policy’s implementation.” ahead of the policy’s implementation.” NOTE: The Northern Lights Real Estate Board (NLREB) part ofpart the South Real Estate Board (SOREB) on January 1, 2011.1, 2011. NOTE: The Northern Lights Real Estate Board (NLREB) became ofthe the Okanagan South Okanagan Realadjusted Estate Board (SOREB) on January ahead of the policy’s implementation.” Despite the decline in January transactions, seasonally annual rate of home sales *Excluding Northern Lights *Excluding Northern Lights households December as many was 101,800 units. in January transactions, the seasonally adjusted annual rate of home sales Despite the decline advanced their purchase decisions ite the declineDespite in January transactions, the seasonally adjusted annual rate of homeannual sales rate the decline in January transactions, the adjusted of sales Despite the decline in timely January transactions, theonseasonally seasonally adjusted annual rate ofitshome home sales was 101,800 units. BCREA Economics provides timely research, analysis and information economic factors affecting British Columbia and housing markets. BCREA Economics provides research, analysis and information on economic factors affecting British Columbia and its housing markets. ahead of the policy’s implementation.” 101,800 units. was 101,800 units. was 101,800 Compared tounits. January 2017, market conditions tightened in all BC board areas except Victoria, The British Columbia Real Estate Association (BCREA) is the is the from 46.3 per cent to 40.5 per cent. Despite this Thethe British Columbia Real Estate Association (BCREA) where sales-to-active listings ratio declined Sendin questions comments about the Housing Forecast to: to: Compared todecline January 2017, market conditions tightened all questions BC and board areas except Send and comments about theVictoria, Housing Forecast Despite the in January transactions, the seasonally adjusted annual rate of home sales pared to January 2017, market conditions tightened in allinBC board areasin except Victoria, Compared to January 2017, market conditions tightened all BC board areas except Victoria, BC, professional association for more than 20,000 REALTORS in BC, territory. professional association for more than 20,000 REALTORS Compared to January 2017, market conditions tightened in all BC board areas except Victoria, decline, Victoria remains in strong sellers’ market Total active listings in the province Cameron Muir, Chief where the sales-to-active listings ratioWorking declined from 46.3 per cent toEconomist, 40.5 per cent. Despite this Cameron Muir, Chief Economist, was 101,800 focusing on provincial issues that impact real estate. with to focusing onunits. provincial issues that impact real estate. with40.5 re the sales-to-active listings ratio declined from 46.3 perWorking cent perper cent. Despite this where the sales-to-active listings ratio declined from 46.3 cent to 40.5 per cent. Despite this cmuir@bcrea.bc.ca; 604.742.2780 where the sales-to-active listings ratio declined from 46.3 per cent to 40.5 per cent. this cmuir@bcrea.bc.ca; 604.742.2780 were down 8.6 per cent to 20,901 units, compared to the same period last year. decline, Victoria remains inBCREA strong sellers’ market territory. Total active listings in theDespite province the province’s 11 realsellers’ boards, provides continuing the province’s 11estate real estate boards, BCREA provides continuing ne, Victoria remains in strong market territory. Total active listings in the province decline, Victoria remains in strong sellers’ market territory. Total active listings in the province Brendon Ogmundson, Economist, decline, Victoria remains in strong sellers’ market territory. Total active listings in the province Brendon Ogmundson, Economist, professional education, advocacy, economic research andcompared were down 8.6 per cent to 20,901 units, to the same period last year. professional education, advocacy, economic research and tightened Compared to January 2017, market conditions insame all BC boardlast areas except Victoria, e down 8.6 per were cent to 20,901 units, compared to units, the same period to lastthe year. down 8.6 per cent to 20,901 compared period year. bogmundson@bcrea.bc.ca; 604.742.2796 bogmundson@bcrea.bc.ca; 604.742.2796 were down 8.6 per cent to 20,901 units, compared to the same period last year. provide value for their clients. standard forms to help REALTORS -30forms to help REALTORS provide value for their clients. wherestandard the sales-to-active listings ratio declined from 46.3 per cent to 40.5 per cent. Despite this For more information, please contact: Additional economics information is available on on Additional economics information available -30-territory. To demonstrate the profession’s commitment to sellers’ improving Quality To demonstrate profession’s commitment to improving Quality decline, Victoria the remains in-30strong market Total active listings in isthe province -30BCREA’s website at: www.bcrea.bc.ca. BCREA’s website at: www.bcrea.bc.ca. -30Cameron of Life inLife BC Muir communities, BCREAplease supports policies that help For more information, contact: of in BC BCREA supports policies that help were down 8.6communities, per cent to 20,901 units, compared to the same period last year. more information, please contact: For more information, please contact: For more information, please contact: ensure economic vitality, provide housing opportunities, preserve Chief Economist ensureMuir economic vitality, provide housing opportunities, preserve Cameron To sign forup BCREA news releases by email visit: visit: Toup sign for BCREA news releases by email eron Muir Cameron Muir the environment, protect property owners and build betterbetter www.bcrea.bc.ca/news-and-publications/publications/ the604.742.2780 environment, protect property owners and build Cameron Muir www.bcrea.bc.ca/news-and-publications/publications/ Direct: Chief Economist -30f Economist Chief Economist manage-subscriptions. communities with good and safe manage-subscriptions. communities with schools good schools andneighbourhoods. safe neighbourhoods. Chief Economist Mobile: 778.229.1884 Direct: 604.742.2780 For more information, please contact: ct: 604.742.2780 Direct: 604.742.2780 Direct: 604.742.2780 Email: Mobile:cmuir@bcrea.bc.ca 778.229.1884 Cameron Muir ile: 778.229.1884 Mobile: 778.229.1884 Mobile: 778.229.1884 Email: cmuir@bcrea.bc.ca ChiefForecast Economist l: cmuir@bcrea.bc.ca Email: cmuir@bcrea.bc.ca Housing is published quarterly by the British Columbia Real Estate Real estate real estate and REALTORS may reprint this content, Housing Forecast is published quarterly by the British Columbia Real Association. Estate Association. Real boards, estate boards, real associations estate associations and REALTORS may reprint this content, Email: cmuir@bcrea.bc.ca provided that604.742.2780 credit is given BCREA by including the following statement: “Copyright British British Columbia Real Estate Association. Reprinted with permission.” provided that credit is to given to BCREA by including the following statement: “Copyright Columbia Real Estate Association. Reprinted with permission.” Direct: BCREA BCREA makes makes no guarantees as to the or completeness of this information. no guarantees asaccuracy to the accuracy or completeness of this information. 2 2 Mobile: 778.229.1884 1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 1420 - 1420 701 Georgia Street Street West, PO BoxPO 10123, PacificPacific Centre,Centre, Vancouver, BC V7YBC 1C6 |1C6Phone: 604.683.7702 | Fax:| 604.683.8601 | Email: bcrea@bcrea.bc.ca 701 Georgia West, Box 10123, Vancouver, V7Y | Phone: 604.683.7702 Fax: 604.683.8601 | Email: bcrea@bcrea.bc.ca Email: cmuir@bcrea.bc.ca President Jim Stewart | President-Elect Palanio | bcrea@bcrea.bc.ca 604.683.7702 (tel) 1420 – 701 Georgia Street W, PO BoxJames 10123, Pacific Centre, Vancouver,| BC V7Y 1C6 – 701 Georgia1420 Street W, PO Box 10123, Pacific Vancouver, BC V7Y 1C6 –– 701 Georgia Street W, PO Box 10123, Pacific Vancouver, V7Y Darlene K. Hyde | BC | CEO | www.bcrea.bc.ca 604.683.8601 (fax) Past President Deanna Horn 1420 701 Georgia Street W, POCentre, Box 10123, Pacific Centre, Centre, Vancouver, BC V7Y 1C6 1C6 ®

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604.683.7702 (tel) 604.683.7702 (tel) 604.683.8601 (fax) 604.683.7702 (tel) 604.683.8601 (fax) 604.683.8601 (fax)

1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6

Vernon

*Personal Real Estate Corporation

President Jim Stewart Past President Deanna Horn

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President-Elect James Palanio CEO Darlene K. Hyde

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

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604.683.7702 (tel) 604.683.8601 (fax)

OkanaganHomes.com | 250.549.7050

Silver Star

Coldstream

Silver Star

#205 - 30 Monashee Road

8508 Lakeview Drive

615 Monashee Road

Furnished Ski-in/out Condo IMMEDIATE POSSESSION – move in for Spring Skiing! Never rented! No GST! Firelight at the Pond on Silver Star. Gas fireplace & deck. Heated secure parking & gear locker. Ideal location on skating pond & Tube Town.

Family Home Across from Park Excellent family neighbourhood! Easy walk to Ok College and Athletic Field. Beach close by. Quick access to highway and airport. Updated home with 4 bedrooms, 3 baths, hardwood, walnut cabinets. Fenced .32 acre ready for family! Extra parking!

Ski Hill Home with Revenue Suite Charming Victorian style w/5 bedrooms, 4 baths. Gourmet kitchen, quality appliances. Covered deck w/hot tub. Self-contained 1 bedroom guest/ revenue suite. New exterior & interior paint, updated baths. Double garage.

$299,000

$529,000

$788,000

mls 10150057

mls 10148406

mls 10133068

South BX

Okanagan landing

Lumby

878 25 Avenue

216 Melrose Court

3434 Lumby Mabel Lake Road

Country Living at City's Edge ¾ Acre fenced, gated and landscaped. Classic 2 story with 4 bedrooms, 2.5 baths! Lofty ceilings, Cherrywood floors, bay windows. Family & Media Rooms! PLUS a 2 bedroom suite w/separate entrance. Detached double garage with loft. Walk to schools.

Beverly Hills Estates One fabulous landscaped acre with heated salt water pool and outdoor kitchen! Gorgeous 4 bedroom, 2.5 bath home with family/games room. Panoramic Okanagan Lake views! Mere mins to Yacht Club. Exclusive neighbourhood with 50 shared acres of treed backdrop.

Mabel Lake Waterfront Estate Bring your family and guests! 752' private beach & 17 acres of natural privacy. Custom 4062 sq.ft. home w/8 bedrooms & 3 kitchens. 28' Post & beam fir ceilings & serene lake views! Walkout lower level for guests and family. Outdoor bath.

$1,099,000

$1,598,000

$1,950,000

mls 10150084

mls 10141673

Rodney Shanks

Heather Paulsen

Alan Stier

Craig Demetrick

REALTOR®

rodney@okanaganhomes.com 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 10133386

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

Outstanding Agents. Outstanding Results.

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Enderby

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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