Vernon Real Estate Pages by Silver Star Media

VERNON & AREA

Armstrong Enderby Lumby

This listing is proudly presented by

Maria Besso Executive home with Swan Lake view! Spacious and totally renovated two storey, 4479 sq. ft. home with 4+1 bedrooms. Call 250-308-1152 or visit www.MariaBesso.remax.com

Issue 37 â&#x20AC;˘ June 29 - July 12, 2018

Greg Barteluk

Robin Baycroft*

Glenn Beach

Murray Bennetto

Maria Besso

Mark Collett

Don Cowan

Doug Cuthbert*

Carla Dahlen

Ryan Danchuk

Brandy DeBartolo

Don Defeo*

Craig Demetrick

Debbie Fisher

Gord Fowler

Jacquie Friesen

Roger Gates

Marty Gilbert*

Kyle Goulet

Chris Holm*

Connor Hutchinson

Kate Kessler

Christie King

Heidi Klein*

John Kristian*

Tracy Lauriente

RE/MAX Vernon

RE/MAX North Valley

RE/MAX Vernon

Don Kassa

RE/MAX Vernon

RE/MAX North Valley

RE/MAX Vernon

RE/MAX North Valley

RE/MAX Vernon

RE/MAX Commercial Solutions

RE/MAX North Valley

RE/MAX Commercial Solutions

Graysen Marsh

Jayme McKillop

Ashley Prenioslo

Teresa Prince

Dave Pusey*

Claire Radford*

Corinne Reynolds

Pratab Sidhu

Shawna Sidhu*

Nick Lutsenko

RE/MAX Vernon

Armstrong

Graeme Magee

RE/MAX Vernon

Ken Magel

RE/MAX Vernon

Priscilla Sookarow Cheryl Soleway RE/MAX Priscilla

Commercial Solutions

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

RE/MAX Vernon

North Valley

Lumby

RE/MAX Vernon

Tammy Stein RE/MAX Vernon

Vernon

Krista Blankley* Landon Bootsma Shelby Bouchard RE/MAX Vernon

RE/MAX Vernon

RE/MAX Priscilla

RE/MAX Vernon

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

Shane McMorran* Robert Moorhouse

RE/MAX Armstrong

Joanne Pappin

RE/MAX Vernon

Lisa Salt*

Chris Santos

Beate Schmidt

Alan Stier

Dawn Taylor*

RE/MAX Vernon

Brent Stevenson RE/MAX Vernon

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

Brad Marsh

Managing Director Each office independently owned and operated.

*Denotes Personal Real Estate Corporation

Norm Brenner* RE/MAX Vernon

Stefe Brenner RE/MAX Vernon

Kathy Broderick* Chrysta Cleverley*

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

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RE/MAX Vernon

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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.* ®

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*Not intended to solicit properties already listed for sale.

Each office independently owned and operated.

Tour 1000’s of homes online at SaltFowler.com

G RE AT MLS 10138647

$159,999

MLS 10158147

R ES O RT

ROOM TO GROW A potential-rich commercial property with a business front and suite behind, the ideal live and work situation. 20 minutes to Vernon! MLS 10159247

Spacious 3 bedroom unit on Trout Lake. Tennis Courts, pools & much more! Call Today! $424,900 MLS 10161511

C H

$399,999

OUTBACK RESORT

U ST O M

PR IV AT E

K IT

SH O P LA R G E

DA TE

$135,000

TOP FLOOR UNIT A potential-filled 2-bedroom unit in a quiet area, the perfect investment property!

RURAL CHARM

A 3-bedroom home in a park-like setting close to the waterfront, a great opportunity to have both privacy and access to it all. $364,900 MLS 10160703

Access to the nearby beach, boat launch and golf. With lake view and park like setting – it doesn’t get better than this!

HI G HW AY

EA T R G MLS 10158466

FI NI SH ES

$229,900

BUILD YOUR CUSTOM DREAM HOME

A M EN IT IE S

T LA YO

BA C IN K EE R C

CLEARED & LEVEL

These 1.9 acres of bare land in the ALR boast breathtaking Mountain views, a great opportunity for a small hobby farm or duplex build!

O PP O RT UN IT Y

BA Y E R

Starting from $129,900

MLS 10161485

$89,900

LOTS AT THE RISE

A perfectly-located and affordable lots at the Rise, the ideal location for your dream home! Close to golf, local vineyards, beaches and so much more!

LO CA TI O N

LAKEVIEW LOT An idyllic .7-acre lot within a quiet and park-like setting in Killiney Beach, the perfect opportunity to build the lakeview home of your dreams!

DV E

RE CR EA TI O N

DR EA M

Lisa Salt* & Gord Fowler

COTTAGE CHARM

This charm-filled 3-bedroom cottage at La Casa Lakeside Cottage Resort offers an abundance of amenities, the ideal vacation home and income opportunity!

$449,900

*Denotes Personal Real Estate Corporation

MLS 10153201

CLOSE TO RECREATION A 3-bedroom new construction home in an excellent community with a park-like setting, a great opportunity for the growing family. $449,900

MLS 10162059

www.SaltFowler.com |

WELL-MAINTAINED

A move-in ready 4-bedroom home with most substantial updates completed, a great opportunity for the growing family. $569,900

MLS 10162199

Vernon

BRIGHT & OPEN A perfectly-located 3-bedroom home on a quiet cul-de-sac close to waterfront and recreational opportunities, the ideal home for a growing family!

$574,900

MLS 10161107

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

SU IT E TW O -B ED

P O H

MLS 10161674

IN BD RM 1

MLS 10117783

SERENE SETTING

With an incomparable attention to detail, this four bedroom property will surely go fast. Take a look today! $949,000

A contemporary and open-concept 5-bedroom executive home overlooking lake views, a great opportunity for a large family!

$949,900

U SE

IV AT E PR

This 4-bedroom lake frontage property boasts a heated saltwater pool and an adjacent executive property with option to combine making it the ideal lakeside estate! MLS 10154921

SUMMER PARADISE Executive contemporary lakefront property with all the extras plus a view that just won’t quit. Prepare to be amazed today! $1,795,000

Call 250.549.7258 TODAY and

MLS 10159188

TH O

PO ER LT W AT

LAKEFRONT CHARM

$1,199,000

MLS 10162086

BRIGHT & OPEN LAKEVIEW

RO TT O

O L

$899,900

SA MLS 10158529

$829,000

’S 24

Great for a B&B

A rare 24.8 acre lake view property with both a private setting and nearby lake access; the best of both worlds!

PO O L IN -G RO U N D

BEAUTIFUL ESTATE

MLS 10154886

’X

LA KE VI EW MLS 10161346

A gorgeous 4-bedroom executive home on 8.75 spectacular acres in desirable Armstrong, a wonderful opportunity for a large family! $1,195,000

$629,800

S K EC D E PL LT I U M

LAKEVIEW SPACE

A peaceful 4-bedroom home on 2.47 acres with spectacular lake views, the ideal home for your large family! $784,900

MLS 10158832

A like-new 5-bedroom property overlooking two lakes and the city.The ideal home for the discerning buyer!

LA W

$624,900

IMPRESSIVE VIEW

DETAILS DETAILS!

Huge upgrades in this top floor unit with expansive Okanagan Lake views in the popular Mandalay complex across from the Yacht Club. Enjoy the pool, hot tub and the fitness area too!

SU IT E

WATERFRONT

NEWLY BUILT in 2015 4-bedroom, 3-bathroom end unit in a quiet complex with boat launch and beach. A great opportunity for low-maintenance lakeside living!

7429 Sun Peaks Drive Sunday July 1, 2:00-3:30pm

#604-7922 OK Landing Road Sunday July 1, 2:00 -3:30pm

SE RE NI TY

MLS 10150505

#1-7779 OK Landing Road Sunday July 1, 12:00 -3:30pm

G U

3 CAR PARKING!

A charming fifth floor unit with expansive Okanagan Lake views in the popular Mandalay complex across from the Yacht Club. Enjoy the pool, hot tub and the fitness area too!

LA KE VI EW

TU R N -K EY

VI EW S LA K E

#504-7922 OK Landing Road Sunday July 1, 12:00 -1:30pm

$599,900

ST UN NE R

SUNDAY OPEN HOUSE BLITZ

MLS 10133571

LAKEFRONT BEAUTY

This 9-bedroom lake frontage property boasts spectacular living areas between two floors and over 7,000 square feet, an adjacent cottage with pool with option to combine makes the ideal lakeside estate!

$3,400,000 MLS 10154915

This Could Be Your View!!! $

,00

9 89

HAPPY 3500 sq ft, 4 bedroom, 3+ bath home on large, private lot in resort-like setting. 5 bay garage plus RV/Boat parking. Outstanding lake views! Modern concept design. Includes boat launch and 200â&#x20AC;&#x2122; beach. Easy to show and flexible Possession Dates. No Speculation Tax!

Chris Santos

O: (250) 549-4161 C: (250) 306-2527 chrissantos@remax.net www.chrissantos.remax.ca

Vernon

7220 Lakeridge Place, Vernon, New Price

MLS 10162316

$699,000

1778 Grandview Avenue, Lumby New

Chrysta Cleverley

MLS 10162463

2218 Leblanc Street, Lumby

Personal Real Estate Corporation

250-309-1296

$429,000

New Price

chrystacleverley@remax.net MLS 10157604

$365,000

2142 Bessette Street, Lumby Lot

Vernon

MLS 10160740

$219,000

CANADA DAY 2018

YOURREALESTATEPAGES.COM | 7

Deb

Judy

REALTOR®

Deveau

Fischer

Your Key to the North Okanagan

$749,000 118 Meadowview Road, Grindrod Call The Key Team at RE/MAX North Valley - MLS10158444

$389,000

603 King Street, Enderby

Call The Key Team at RE/MAX North Valley - MLS10156123

908 George St. Enderby, BC

ular Popivision d Sub

nt rfro Rivereage Ac

/ ent stm InveStarter

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

w /Ne ated es Updpplianc A

$308,000 805 Regent Avenue, Enderby Call The Key Team at RE/MAX North Valley - MLS10158322

Bonita

Lundquist* REALTOR®

North Valley

*Personal Real Estate Corporation

ir chale eel Wh cessib Ac

$409,900 1505 Northern Avenue, Enderby Call The Key Team at RE/MAX North Valley - MLS10158846 Lot Large

$324,900 707 Regent Avenue, Enderby Call The Key Team at RE/MAX North Valley- MLS10159617

$149,900 900B Belvedere Street, Enderby

Turnkey hair salon with Strata unit included. Wheelchair/walker accessible! Owners are flexible, will stay and assist with transition. Call Bonita Lundquist- MLS10142458

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

@RightAgents

TheRightAgents

Buyers & Sellers,

New Real Estate Rules

Have questions? Book a free consultation and let’s discuss your needs.

Your Ad Here 250.545.8858 www.YourRealEstatePages.com Vernon Real Estate Pages

@REPVernon

DonKassa

REALTOR ® SERVICES

250.549.4161 www.DonKassa.com donkassa@donkassa.com 8060 Beachcomber Bay Road New

New

On the quiet and exclusive Beachcomber Bay road is this older family home on a 0.30 acre lot with approximately 87 feet of water frontage. The front yard is deep allowing for waterfront fun. The wharf was destroyed, investigations are being made. The home is solid, a nice partially covered deck to enjoy the view. A great location to build a new home.

$948,000

1460 Copper Mountain Court

MLS®:10162817

#3 7906 Kirkland Drive

Vernon

#2 415 Silver Queen Road New

A quality five bedroom plus den home on a 0.50 acre lot in the Foothills area of Vernon. Triple garage and basement toy storage. There are two family rooms, a media room, and a games area. It would be possible to create a summer kitchen. Hot water heating, low maintenance yard, and ample storage.

$958,000

MLS®:10162575

989 Mt Ida Lane

Spectacular ski slope and village views from this two bedroom suite. 9' high ceilings, an open concept plan kitchen/casual dining, living room lots of natural light through numerous view windows, hot tub on covered deck, hot water heat.

$428,000

MLS®:10162521

#1307 7343 Okanagan Landing Rd.

New

A lakeshore townhome on Kalamalka Lake. Great location with a private sandy beach, a large green space and a dock. The Strata complex is small and well-maintained, with extensive exterior upgrades done by Keith Construction in 2012. This included the roof, Hardie board siding, decks, and balconies. Kitchen, living, dining, and powder room all on the entry level, with a generous Master, the second bathroom, and a full bath on the second level. The living room has sliding glass doors to the lake view deck. There is a small park nearby with a quality children's play area.

$798,000

MLS®:10162163

Drop dead gorgeous and thoughtfully finished interior on this like-new home with no GST payable. Home is at the end of the lane and located adjacent to a treed ravine for additional privacy. Enjoy sweeping views of the Valley, City and North towards Swan lake from the large covered deck. High end stainless appliances, granite counter tops and island, solid acacia hardwood throughout the main level and polished concrete on lower level. 3 bedrooms plus a 1 bedroom suite which could be converted back to add a fourth bedroom.

$839,000

MLS®:10161705

The Strand on Okanagan Lake. A well laid out California split design with two Master suites and a den. Large lakeview deck with two way gas fireplace, no rental requirement, two underground parking spaces and a boat slip included. Premium lakefront! Tall ceilings, lots of windows, quality finishing. This unit may be converted to C10A zoning to allow for full time residency with a one time payment to the City of Vernon. GST Paid.

$649,000

Please visit our website www.DonKassa.com

MLS®:10161021

YOURREALESTATEPAGES.COM | 9

Maria Besso (250) 308-1152 mariabesso@shaw.ca www.mariabesso.remax.ca 610 21st St. SE, Salmon Arm

685 Worden Rd., Swansea Point

Vernon

198 Sarsons Road, Coldstream

653 Worden Rd., Swansea Point

0 00 9, 9 ,9 $1

00 ,0 5 9 ,9 $2

00 ,0 0 9 $2

4 bed, 3 bath family home. MLS 10161874

Custom Built 3,487 sq ft. rancher. MLS 10155658

Priceless development property 18.24 acres. MLS 10126761

Flat, 1/3 of an acre building lot. MLS 10155659

6800 Goose Lake Rd., Vernon

12404 Anjou Dr., Coldstream

#8 1117 Mt. Fosthall Dr., Vernon

2501 15th Street, Vernon

00 ,0 5 3 $4

ice Pr 000

ice Pr 0 w ,00 e 9 N 9

w , Ne 90

,1 $1

Stunning 2.5 Acre Domain with lake & valley view. MLS 10156086

Totally updated 4 bdrm home with prime Kal Lake view. MLS 10154492

0 00 0, 5 ,1 $1

00 ,0 0 0 ,2 $1

Hillside Sensation, 4 Bdrm, 6 private decks & cathedral ceilings. MLS 10155661

EASTHILL C-1 Commercial zoned investment property, with 3 residential suites & 1 popular business lease space.

We are NEVER too busy for your referrals

Steve Wikkerink REALTOR® Heidi Lussi PREC Beate Schmidt REALTOR®

The

Heidi Lussi Real Estate Team

www.heidilussi.com | 250-503-3487 | info@heidilussi.com 1681 Sugar Lake Road Open House

67 Shuswap River Road

Lots starting at $44,500 Sugar Lake Recreational Properties keeps getting better! OPEN HOUSE, come out and view the resort including the newest addition, the floating dock and boat slips. Sunday July 1st: 1:00pm – 3:00pm $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®10150536

198 Cooper Road New

182 Horner Road New Price

Vernon

$1,545,000 Want to distress from a busy life? Check out this beautiful 160 acres only minutes from Lumby providing privacy and magnificent views of the Monashee Mountains. The main house provides approx. 3000 sqft of cosy living space, large separate 4 car garage with extra wood working shop, equipment shelter plus an older 1 bedroom charming guest home. MLS®:10162796

$949,000 Charming 5+ acres property with 2 residences plus detached garage/workshop with finished studio above accessed from outside. Enjoy the tranquil and peaceful country lifestyle. Fully fenced property. The rustic main house provides 4 bedrooms, 4 baths, country kitchen access to the sundeck overlooking the front yard. Gorgeous, cozy 1 bedroom carriage home, high ceiling, open concept with loft, 2 bathrooms and fully equipped. MLS®10154702

10 #84 124 Sarsons Road, Vernon

· 3 Bdrms + Den, 3 Baths · 55+ gated community of Quail Run · Quartz kitchen counter tops, vaulted ceiling, hardwood flooring. · Open living area · Lots of storage · Move in Ready MLS 10162720 $559,000

JANE FIELD

that will move you RRS

Registered Relocation Specialist

La ke

Vi ew s

7290 Longacre Drive, Vernon

O ka na ga n

Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755

Experience

· 3 Bdrms, 3 Baths · Very clean 3 level split · In ground swimming pool · Very private backyard, pasture behind. MLS 10154354 $599,900

jane@vernonrealestate.ca

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

Vernon

*Some restrictions apply

5603 - 27th Street Vernon, BC V1T 8Z5

250.938.2830

#103 - 9802 Silver Star Road, Vernon Great fully furnished studio suite on the first floor of the Shooting Star building. This building has a common hot tub, lounge, laundry and easy access to the Silver Queen lift. Cozy gas fireplace, brand new Murphy bed and new sofa bed to accommodate up to 4 people.

New

Business & Farm

Home & Travel

Auto & RV

All Insurance Services

MLS®10162364

$165,000 298 Old Salmon Arm Road, Enderby

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

MLS®10142026

$549,900

Immaculate 3 bdrm, 2 bath home on 2.87 acres on the North side of Enderby. With the flooring, kitchen & bathrooms updated there is nothing to do but unpack. The views off of the generous size deck at the back of the home are amazing, from the landscaped yard to the Enderby cliffs! All of this plus a guest house, the barn has been converted to a two level guest house with a bathroom. With a property this size there is no shortage of parking or room to add a shop.

YOURREALESTATEPAGES.COM | 11

Buying or Selling,

in this market you need an experienced Realtor working for you.

With over experience selling real estate in Vernon, I can help.

Feel free to contact me and we can talk.

$1.150.000. $1.499.000.

LAND : LOCATION: LIFESTYLE: 42 ACRES (Two Titles) level productive farmland Irrigation Rights Approx. 30 Acres of cultivated hay land with balance fenced and treed pasture Custon Home: 2nd Dwelling: Numerous Outbuildings V. CHARLETTE LAVIK TANNIS C. LAVIK LAVIK (REAL ESTATE) GROUP

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

Don Cowan

MLS 10156571 MLS 10157647

RE/MAX ARMSTRONG ‘ OKANAGAN COUNTRY ’

250 307 5588

Vernon

lavikvc@shaw.ca

Murray Bennetto 250.306.6476 Vernon

bennetto@shaw.ca

www.bennetto.ca New Listing

234 Sugar Lake Road, Cherryville Uncomparable 8.8 acre oasis w/ 612 ft. water frontage on Shuswap River and also almost 700 ft. frontage on Cherry Creek. This incredible property includes a private island in the middle of Shuswap River. The stunning 3124 sqft. Castle-like main home includes reinforced rooftop entertainment area that can hold 300 guests, complete w/ kitchen, bar, BBQ and covered gazebo.

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.

MLS®10162145 - $2,900,000 10 Acres on Otter Lake

4320 Hales Road, Armstrong 10 Acres of Lakeshore! Private, secluded 10.6 acres on Otter Lake with 2 homes (2400 sq ft & almost 2000 sq ft), 132 x 24 insulated shop, hay shed, chicken coop, water rights, 4.5 acres alfalpha, Larkin Water District drinking water (1000 gallons/day), fruit trees. Good access from Hales Road. Perfect for float plane. Lakeshore acreage property in Okanagan...a rare find.

MLS® 10157760 - $1,290,000

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 Unit Sales Unit Sales

® ($) Average MLS®MLS Price Average Price ($) 2016 2016 2017F2017F 2018F2018F 2016 2016 2017F2017F 2018F2018F BoardBoard Area Area 10,028 9,2509,250 8,5008,500 585,745 599,000 608,000 10,028 585,745 599,000 608,000 For immediate release: Victoria Victoria 27.5%27.5% -7.8%-7.8% -8.1%-8.1% 12.3%12.3% 2.3% 2.3% 1.5% 1.5% 10,532 9,4009,400 8,7508,750 $383,192 10,532 $383,192 $396,000 $396,000 $402,000 $402,000 Vancouver Island Vancouver Island 26.6%26.6% -10.7% -6.9%-6.9% 12.8%12.8% 3.3% 3.3% 1.5% 1.5% -10.7% For immediate For release: immediate release: 417 417 390 390 345 345 $284,471 $284,471 $288,000 $288,000 $291,000 $291,000 For immediate release Powell RiverRiver Sunshine Coast Powell 9.4% -6.5%-6.5% Leading -11.5% 15.3% 1.2% for 1% time Vancouver, BCSunshine – June 7,Coast 2018. The BCREA Indicator (CLI) declined 9.4% Commercial -11.5% 15.3% 1.2%the first 1% 40,880 34,000 35,750 1,017,228 942,000 963,000 40,880 34,000 35,750 1,017,228 942,000 963,000 in three years, falling 1.5 points in the first quarter of 2018 to an index level of 134.2. That decrease Greater Vancouver Greater Vancouver -5.2%-5.2% -16.8% 5.1% 5.1% 12.7%12.7% -7.4%-7.4% 2.2% 2.2% -16.8% represents a 1.1 per cent dip over the fourth quarter of 2017. The index is still 3.4 per cent higher than 23,086 19,700 18,900 $676,946 $657,000 $668,000 23,086Leading 19,700 18,900 $676,946 $657,000 Vancouver, BC Vancouver, – June 7,Valley 2018. BC – June The BCREA 7, 2018. Commercial The BCREA Commercial Indicator Leading (CLI) Indicator declined(CLI) for the declined first time for the first$668,000 time Fraser Valley 15.1%15.1% -14.7% -4.1% 17.2% -2.9% 1.7% this Fraser time one year ago. -14.7% -4.1% 17.2% -2.9% 1.7% three 1.5 years, falling 1.5 first points in theoffirst quarter 2018level to an 134.2. That decrease in three years,infalling points in the quarter 2018 to an of index of index 134.2.level Thatofdecrease 4,3064,306 3,4003,400 3,1003,100 $397,911 $397,911 $416,000 $416,000 $428,000 $428,000 Chilliwack andadip District Chilliwack andover District represents 1.1 cent dip over the fourth quarter of 2017. The index iscent stillhigher 3.4 per cent than represents a 1.1 per cent the14, fourth of 2017. The is still 3.4 per than 37.2% -21% -8.8% 18.4% 4.5% 2.9% Vancouver, BC per – May The British Columbia Real Estate Association (BCREA) reports 37.2% -21%index -8.8% 18.4% 4.5%higher 2.9% “The BC economy appears to2018. bequarter 3,181 2,870 2,700 345,528 355,000 362,000 3,181 2,870 2,700 345,528 355,000 362,000 this time oneDistrict year ago.residential this time one Kamloops yearKamloops that aago. total of unit sales were recorded by the Multiple Listing Service® (MLS®) and slowing following four years of 23.6% and8,203 District -9.8%-9.8% -5.9%-5.9% 5.9% 5.9% 2.7% 2% 2% 23.6% across the province in April, a 16.8 per cent decrease8,600 from the same month$468,000 last 2.7% year. The remarkable growth,” says BCREA10,03610,036 8,400 $461,791 $476,000 8,400 8,600 $461,791 $468,000 “TheOkanagan BC Mainline economy be in BC was $730,507, up 0.2 per cent from the previous year.$476,000 “The BC economy appears toresidential beappears to Okanagan Mainline average MLS® price 25.6%25.6% -16.3% 2.4% 2.4% 13.1%13.1% 1.3% 1.3% 1.7% 1.7% -16.3% Deputy Chief Economist Brendon slowing following yearswas of 2,459 slowing following four years of four 2,050 $364,295 $351,000 Total sales dollar volume $5.99 billion, a 16.7 cent decline from April 2017. 2,459 2,050 per1,975 1,975 $364,295 $351,000 $356,000 $356,000 Ogmundson. “That slowdown South Okanagan* South Okanagan* 11.3%11.3% -3.6%-3.6% 1.4% 1.4% remarkable growth,” remarkable growth,” says BCREA says BCREA21.6%21.6% -16.6%-16.6% -3.7%-3.7% likely means a slight drop-off in 260 260 285 285 325 325 $233,363 $233,363 $243,000 $243,000 $248,000 $248,000 Chief Economist Brendon Deputy Chief Deputy Economist Brendon Northern Lights “BC home sales were essentially Northern Lights -16.7% 9.6% 9.6% 14% 14% -13.4% 4.1% 4.1% 2.1% 2.1% -16.7% -13.4% commercial real estate activity on Ogmundson. “That Ogmundson. “That slowdown unchanged in Aprilslowdown compared 2,955 to March, 2,5002,500 2,5752,575 $282,758 2,955 $282,758 $286,000 $286,000 $291,000 $291,000 the horizon.” Kootenay Kootenay a slight drop-off in 18.2% likely means alikely slightmeans drop-off in1 per -15.4% 3% 2.7% 1.1% 1.7% 1.7% albeit up nearly cent on a seasonally 18.2% -15.4% 3% 2.7% 1.1% 4,069 4,1004,100 4,2504,250 $263,703 4,069 $263,703 $265,000 $265,000 $269,000 $269,000 adjusted basis,” said Cameron Muir, commercial realCLI estate activity commercial real estate activity on BC BC Northern TheNorthern underlying trend, whichon -3.4%-3.4% 0.8% 0.8% 3.7% 3.7% -0.4%-0.4% 0.5% 0.5% 1.5% 1.5% BCREA’s Chiefnoisy Economist. “The impact of96,345 horizon.” the horizon.” the smooths often economic 112,209 95,770 112,209 96,345 95,770 691,144 691,144 657,026 657,026 666,657 666,657 BC Total BC Totalmortgage 9.5% more burdensome -14.1% -0.6% 8.6% -4.9% 1.5% 9.5% -14.1% -0.6% 8.6% -4.9% 1.5% data, remains positive, reflecting

Commercial Leading Indicator Points to Slower Activity on the Horizon

Commercial Commercial Leading Indicator Leading Indicator Points to Points SlowertoActivity Sloweron Activity the Horizon on the Horizon BC Home Sales Show Little Change in April

The underlying CLI trend, which The underlying CLI trend, which NOTE: The Northern Lights Realconventional Estate Board (NLREB) became part ofpart the South Real Estate Board (SOREB) on January 1, 2011.1, 2011. qualifications for borrowers NOTE: The Northern Lights Real Estate Board (NLREB) became of the Okanagan South Okanagan Real Estate Board (SOREB) on January several quarters of strong *Excluding Northern Lights *Excluding Northern Lights economic often noisy smooths oftensmooths noisy economic is expected to soften over the next economic activity and remains positive, reflecting data, remainsdata, positive, reflecting several months as potential buyers adjust BCREA Economics provides timely research, analysis and information economic factorsfactors affecting Britishslower, Columbia and itsand housing markets. employment growth. A timely still moderately rising trendonsignals continued, albeit growth in BCREA Economics provides research, analysis and information on economic affecting British Columbia its housing markets. several quarters of strong several quarters of their strong both finances and expectations.” commercial real estate activity. economic activity and economic activity and The British Columbia Real Estate Association (BCREA) is the is the The British Columbia Real Estate Association (BCREA) Send questions and comments aboutabout the Housing Forecast to: to: Send questions and comments the Housing Forecast ® ® in BC, professional association for more than 20,000 REALTORS The supply of homes for sale in April increased 4signals peralbeit cent from the previous in BC, professional association for rising more than 20,000 REALTORS employment A still moderately rising trend continued, albeit slower, growth However, in employment growth. A stillgrowth. moderately trend signals continued, slower, growth in month. Cameron Muir, Chief Cameron Muir, Economist, Chief Economist, focusing on provincial issues that impact real estate. Working withremain -30focusing on provincial issues that impact real estate. Working with total active listings on the market continue to low from a historical perspective. Most commercial real estate activity. commercial real estate activity. cmuir@bcrea.bc.ca; 604.742.2780 cmuir@bcrea.bc.ca; 604.742.2780 the province’s 11 real11estate boards, BCREABCREA provides continuing the province’s real estate boards, provides continuing regions of the province have begun trending toward more balance between supply and Brendon Ogmundson, Economist, To view the full BCREA Commercial Leading index, click here. Brendon Ogmundson, Economist, professional education, advocacy, economic research andIndicator professional education, advocacy, economic research and bogmundson@bcrea.bc.ca; 604.742.2796 demand, causing less upward pressure on home prices. bogmundson@bcrea.bc.ca; 604.742.2796 provide value-30for their standard formsforms to help provide value for clients. their clients. standard toREALTORS help REALTORS -30®

For more information, please contact: Additional economics information is available on on Additional economics information is available ToBCREA demonstrate the profession’s commitment improving Quality To demonstrate the profession’s commitment to improving Quality Brendon Ogmundson To view the full To view the Commercial full BCREA Leading Commercial Indicator Leading index, Indicator click here. index, click here. Year-to-date, BC residential salesto dollar volume was down 6.7 per cent $19.9 billion, BCREA’s website at: www.bcrea.bc.ca. BCREA’s website at: to www.bcrea.bc.ca. of LifeofinLife BC communities, BCREABCREA supports policies that help in BCEconomist communities, supports policies that help Deputy Chief compared with the same period in 2017. Residential unit sales decreased 11.8 per cent to ensure economic vitality, provide housing opportunities, preserve For more information, For more please information, contact: please contact: ensure economic vitality, provide housing opportunities, preserve To sign forup BCREA news releases by email visit: visit: Toup sign for BCREA news releases by email Direct: 604.742.2796 27,135 units, while theproperty average residential pricewww.bcrea.bc.ca/news-and-publications/publications/ waswww.bcrea.bc.ca/news-and-publications/publications/ up 5.7 per cent to $731,661. the environment, protect property owners andMLS® build better the environment, protect owners and build better Brendon Ogmundson Brendon Ogmundson Mobile: 604.505.6793 manage-subscriptions. communities withEconomist good and safe manage-subscriptions. communities with schools good schools andneighbourhoods. safe neighbourhoods. Deputy Chief Deputy Economist Chief Email: bogmundson@bcrea.bc.ca Direct: 604.742.2796 Direct: 604.742.2796 -30Mobile: 604.505.6793 Mobile: 604.505.6793 The British Columbia Real Estate Association (BCREA) is the professional association for about 23,000 Email: bogmundson@bcrea.bc.ca Email: bogmundson@bcrea.bc.ca For more please contact: Housing Forecast isinformation, published quarterly by the British Columbia Real Estate Real estate boards, real estate associations and REALTORS may reprint this content, Housing Forecast published quarterly by the British Columbia Real Association. Estate Association. Realreal estate estate. boards, realWorking estate associations andthe REALTORS may reprint this content, REALTORS® inis isBC, focusing on provincial issues that impact with province’s 11 provided that credit 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.” Cameron Muir realBCREA estate boards, continuing professional education, advocacy, economic research and 2 2 BCREA makes no guarantees as toBCREA the or completeness of this information. makes no guarantees asaccuracy to the provides accuracy or completeness of this information. Chief Economist The British Columbia The British Real Columbia Estate Association Real Estate (BCREA) Association is the (BCREA) professional is theclients. association professionalforassociation about 23,000 for about 23,000 standardStreet forms to help REALTORS® provide value for their 1420 - 701 Georgia West, PO BoxPO 10123, PacificPacific Centre,Centre, Vancouver, BC V7YBC 1C6 604.683.7702 | Fax:| 604.683.8601 | Email: bcrea@bcrea.bc.ca Georgia Street West, Box 10123, Vancouver, V7Y |1C6Phone: | Phone: 604.683.7702 Fax: 604.683.8601 | Email: bcrea@bcrea.bc.ca Direct: 604.742.2780 REALTORS® in1420 REALTORS® BC,- 701 focusing inon BC,provincial focusing on issues provincial that impact issues real thatestate. impact Working real estate. withWorking the province’s with the 11province’s 11 Mobile: 778.229.1884 real estate boards, real estate BCREA boards, provides BCREA continuing provides professional continuingeducation, professional advocacy, education, economic advocacy, research economic and research and Email: standard forms standard to help forms REALTORS® to help provide REALTORS® value for their value clients. for theirCentre, clients. Vancouver, BC V7Y 1C6 1420 – cmuir@bcrea.bc.ca 701 Georgia Street W, POprovide Box 10123, Pacific ®

President James Palanio Past President Jim Stewart

| |

President-Elect Michael Trites | Chief Executive Officer Darlene Hyde |

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

| |

604.683.7702 (tel) 604.683.8601 (fax)

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

Vernon

*Personal Real Estate Corporation

| 604.683.7702 |(tel) 604.683.7702 (tel) President James President Palanio James| Palanio President-Elect | President-Elect Michael Trites Michael | Trites bcrea@bcrea.bc.ca | bcrea@bcrea.bc.ca || 604.683.7702 President James| Jim Palanio || President-Elect Michael (tel) | 604.683.8601 (fax) 604.683.8601 (fax) Past President Jim Past Stewart President Chief Stewart Executive Chief Officer Executive Darlene Hyde Officer | Trites Darlene www.bcrea.bc.ca Hyde || bcrea@bcrea.bc.ca www.bcrea.bc.ca

YOURREALESTATEPAGES.COM | 13

Coldstream

Lakeside retreat boasting 5 Bdrms and 3.5 Baths, Triple Garage & 132ft of Lakeshore.

Well kept 1768sqft home has 3bdrm, 2 bath, A Rancher that sits on a park like Lot.

13122 Westkal Road

8311 Kalavista Drive

www.your5starteam.com MLS速 10154512

MLS速 10159451

Offered at $2,399,000

Offered at $799,900

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

Hutch "N" Son 250-558-8728 sidhutch@gmail.com W N E I CE PR

2 storey Family home on 5 acres minutes away from Silver Star Mountain Resort. 2 bedroom + den, 2 bathrooms. Detached garage.

Vernon

Awesome level entry rancher with full walk-out basement! 4 bdrms, 3 baths, 2 gas fireplaces, hardwood floors. Amazing valley views and right next to Sawicki Millenium Park. MLS®10162725

MLS®10155367

8200 Rogers Road

$689,900 Fantastic opportunity to build your dream home on 10+ acres of gently rolling Lavington farm land. Private setting, easy access. MLS®10137679

W N E I CE PR

9790 Springfield Road

962 Mt. Beaven Place

$479,900

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

$524,900 An amazing family home with breath taking views of Kalamalka Lake and Vernon Golf course. Double carport with lots of extra parking for all your toys. MLS®10159053

12311 Husband Road

$599,900

4 bed, 4 full bath custom built Jenish home. Enjoy country living on 4.62 flat usable acres in modern comfort only minutes to downtown Armstrong & 15 minutes to Vernon. MLS®10155732

W N E I CE PR

4432 Sleepy Hollow Road

$849,900 2 bdrm, 1 bath updated townhouse in a quiet central location. Close to schools, recreation, shopping and public transit. Nice patio, and a private yard. MLS®10162679

#4 4200 Alexis Park Drive $186,900

LD SO

7040 Nakiska Drive, Vernon

5821 Ranch Road, Vernon

MLS®10161036 $629,000

MLS®10159359 $979,900

W NE ICE PR

G IN ND E P

1505 30 Avenue, Vernon

#8 2716 Wolfenden Ter., Armstrong

MLS®10154351 $629,000

MLS®10158654 $339,900

Private Oasis with stunning Valley Views, located in the prestigious Foothills. New roof in 2017.

John Kristian

Located on 4.94 acres of prime, gently sloping and all useable land, fenced & cross fenced with kms of trails

Personal Real Estate Corporation

John@johnkristian.ca I 250.550.0234

Brandy DeBartolo

Personal Real Estate Corporation

Brandy@okanagansavvy.com I 250.558.8839

Robert Moorhouse Buyers Agent

Robert@okanagansavvy.com | 250.540.7515 sav·vy /‘savē/ informal

Private Oasis in the desirable East Hill. 1950 Character Home boasting 3 beds+den and 3 baths.

level entry 2 bdrm, 2 bath rancher with private yard. Very affordable strata fees of only $50/month.

W NE ICE PR

noun

1. Practical knowledge and shrewdness; the ability to make good judgments. "my realtor truly had real estate savvy"

www.OkanaganSavvy.com

#36 100 Palmer Road, Vernon

2000 Apex Court, Vernon

MLS®10160972 $399,000

MLS®10155813 $1,179,000

Immaculate turn key town home in Okanagan Landing. 2 bedroom, 2 Bath, town home.

Family home with mountain views. Open concept, floor to ceiling windows, large covered deck. 16x23 shop.

OkanaganHomes.com | 250.549.7050

Salmon Arm

Vernon

1070 8 Avenue NE

7011 Bella Vista Road

867 Mt Bulman Place

Fantastic Location! Near the hospital plus transit & shopping in walking distance. Updated 5 bed home. Newer kitchen cabinets, new kit appliances, new vinyl siding, upgraded wiring, new second bath. Lots of parking. Nicely landscaped.

Want Room for All Your Toys? .29 Acre with driveway access from two roads. Lots of parking for RV and boat plus detached shop/storage. Lake & valley views! 5 Bedroom family home w/2 bed in-law suite. Newer high efficiency furnace, exterior paint, new roof. Central air.

City at the front, Country at the back! Quiet cul-de-sac overlooking Mckergow Meadows w/access to walking trails! 3 Bedroom home, great room design & w/o lower level w/large family room, kitchen & media. Private fenced yard. Roof in 2015.

$399,000

$579,000

$649,000

mls 10161838

mls 10162028

mls 10162535

Grindrod

Vernon

499 Lorne Drive

3808 Ridgemount Court

8291 Okanagan Landing Road

Live on Shuswap River! 10.7 Prime and fertile acres in Grindrod with 334’ of Shuswap River frontage! Level & rolling w/excellent growing soil! Building site w/fabulous views of the river & mtns. Property includes heated 56 x 33 workshop w/office, bath mezzanine.

Turtle Mountain Estates! Endless views & Grey Canal walking trail & Rocky Ridge Park out your backdoor! Immaculate large yard w/room for pool! Level entry with w/o lower level, 3 beds, 2.5 baths. 9 ft Ceilings, stone feature wall, granite counters, fully equipped home theatre.

Okanagan Lakeshore Acreage! 1.02 Acres and 66’ of Okanagan Lake frontage w/wharf & 2 boat lifts. Ultra-private yard. 4 Bedroom, 2.5 bath rancher with walkout lower level. Lake view deck! New vinyl plank and carpet flooring. Lots of parking. Property extends across the road.

$789,000

$864,900

$1,388,000

mls 10161330

mls 10162825

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 10161419

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

Outstanding Agents. Outstanding Results.

GO WITH THOSE WHO KNOW Armstrong

Commercial Solutions

North Valley

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