Vernon Real Estate Pages

VERNON & AREA

Armstrong Enderby Lumby

This listing is proudly presented by

PRISCILLA & COMPANY www.OkanaganHomes.com

Welcome to Kinloch House! Arts & Craftsman style home 5 beds, 5 baths. 7626 sqft. Heated pool, Theatre, and more.

Call 250.549.7050 for more information

REP_Vernon_Issue_15.indd 1

Issue 15 • Aug 6 - Aug 19, 2017

28/07/2017 2:23:44 PM

Greg Barteluk RE/MAX Vernon

Brenda Ellis

Robin Baycroft*

Mike Beck

Larry Bennetto

Murray Bennetto

Maria Besso

Krista Blankley*

Shelb

Mark Collett

Don Cowan

Doug Cuthbert*

Ryan Danchuk

Brandy DeBartolo

Do

Debbie Fisher

Gord Fowler

Jacquie Friesen RE/MAX Vernon

RE/MAX Armstrong

Roger Gates

Marty Gilbert*

Kyl

Don Kassa

Christie King

Heidi Klein*

John Kristian*

Wood

Graysen Marsh

Jayme McKillop

Shane

Glenn Beach

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Armstrong

Kathy Broderick* Christa Cleverley

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RE/MAX Vernon

Stefe Brenner*

Judy Fischer

Jane Field

RE/MAX Vernon

RE/MAX Armstrong

RE/MAX Lumby

RE/MAX Enderby

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Karen Jespersen Michelle Johnson

Bev Jones

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Greg Kalyniuk

RE/MAX Vernon

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RE/MAX Commercial Solutions

Barbie LeRoux

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*

Shawna Sidhu*

Elvera Silchenko Priscilla Sookarow Cheryl Soleway

RE/MAX Vernon

RE/MAX Vernon

Joe Pearson

RE/MAX Enderby

RE/MAX Commercial Solutions

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Carol Shalovelo* Rodney Shanks RE/MAX Vernon

RE/MAX Vernon

Armstrong

RE/MAX Lumby

Commercial Solutions

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

RE/MAX Vernon

RE/MAX Vernon

Enderby

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

Lumby

RE/MAX Vernon

RE/MAX Vernon

2095 Shuswap Ave Lumby, BC V0E 2G0 250.547.9266

RE/MAX Lumby

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RE/MAX Priscilla

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REP_Vernon_Issue_15.indd 2

RE/MAX Vernon

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Lisa Salt*

RE/MAX Vernon

RE/MAX Vernon

Tammy Stein

Brent Stevenson

Alex Wambold

Cliff Wenger

RE/MAX Vernon

RE/MAX Vernon

RE/M

RE/

RE/

RE/

RE/M

Chr

RE/M

Al

RE/M

Vernon

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

Charlie Veaudry* RE/MAX Vernon

Each office independently owned and operated.

RE/MAX Vernon

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*Denotes Personal Real Estate Corporation

28/07/2017 2:23:48 PM

Steve

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artolo

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Shelby Bouchard RE/MAX Vernon

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Don Defeo* RE/MAX Vernon

Craig Demetrick RE/MAX Priscilla

Kyle Goulet RE/MAX Vernon

Chris Holm* RE/MAX Vernon

llop

Shane McMorran*

Joanne Pappin

Chris Santos

Beate Schmidt

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For up-to-date real estate market information, join The Right Agents’ social media network:

RE/MAX Vernon

Deb Deveau RE/MAX Enderby

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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. ®

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

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

REP_Vernon_Issue_15.indd 3

Each office independently owned and operated.

28/07/2017 2:23:49 PM

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28/07/2017 2:23:57 PM

Shane McMorran Personal Real Estate Corporation

Cell: 250.938.4000 shane@teammcmorran.ca teammcmorran.ca

Vernon is pleased to welcome Brenda Ellis to our team of professionals.

Vernon

Brenda Ellis, most frequently known as Brell, is a partner, mom, grammie, friend and a REALTOR® you’ll want to connect with. As a Certified International Property Specialist, Brell is uniquely positioned to work with buyers and sellers on a global scale. Her move to Chris Holm & Associates, under the RE/MAX umbrella, is the latest step in building an exciting global business.

In her 12th year of hands-on real estate, she blends past customer service and systems management with a quest for continuous improvement and wields a vast palette to create extraordinarily valuable results for her clients.

w Ne

Her primary areas of business are centred in the North Okanagan and La Manzanilla in the Costalegre region of Jalisco, Mexico. Adding the RE/MAX network to her existing global database allows her to connect with ease to those who are looking to buy or sell real estate around the world.

4108 Terrapin Rd

mls#10138867

$759,000

Beautiful former show home in Turtle Mountain! Fantastic valley & city views from covered deck off the great room and private patio off the family room. Tall ceilings, transom windows, gas fireplaces, wine bar, quality window coverings and so much more. Wesbild quality, lightly lived in. A must see!

She loves to create; art, good food, photography, and laughter. Bringing the creative process to her real estate business allows her to constantly explore and define desired outcomes for her clients & her business partners

Brenda Ellis 250-308-4310 tobrell@gmail.com

The sign you want The Agent you need.

6490 Agassiz Rd

mls#TBD

Call for more info

A hobbyist’s dream!! Triple garage, double bay shop, and workshop!!

2200+ s.f. of shops plus 2 sheds for a further 1000 s.f. of covered storage. The spacious home has an updated kitchen with island & great storage, 2 bedrooms, den, living and family room up. Full basement has 2 bedrooms and summer kitchen. Potential suite.

7787 Hwy 97A mls#10133435

$485,000

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.

TheRightAgents.com

@RightAgents

TheRightAgents

8630 Okanagan Landing Rd mls#10125622

$899,000

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.

Your Turtle Mountain Specialist REP_Vernon_Issue_15.indd 5

28/07/2017 2:24:14 PM

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8007 Kalview Drive · 2+2 bedrooms, 3 baths · Brand new roof · Brand new hardwood and quartz counters. · Amazing Kal Lake views MLS: 10138849 $699,900

JANE FIELD Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755

SH

AU

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SY

#411-3220 Centennial Dr · Top Floor, corner unit · 2 bdrms, 2 baths · 1151 sq.ft. · Excellent views · Two parking spots · Underground parking MLS: 10133403 $349,900

FA LD SO

jane@vernonrealestate.ca

ST

6609 Southwind Road

Vernon

5603 - 27th Street Vernon, BC V1T 8Z5

· 2+1 bdrm/2.5 baths · Den downstairs · Spectacular Lakeview from expansive sundeck · Tandem style double garage · Extreme privacy in back yard · Spotlessly clean & cared for.

MLS: 10137539 $499,900

NOW IS THE TIME TO LIST Buyers are looking now!

For experience and great service call Jane.

250.938.2830

With over

experience Business & Farm selling real estate in Vernon, I know the market.

Contact me for your free no obligation Market Evaluation.

Home & Travel

Auto & RV

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

Don Cowan REP_Vernon_Issue_15.indd 6

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 Vernon

Monday thru Friday: 7:30-5:30, Saturday: 9:00-5:00

28/07/2017 2:24:19 PM

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 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

New

8798 Braeburn Drive

Accepted Offer

568 Mt. Thor Drive

$1,300,000

At Canadian Lakeview Estates at Vernon, B.C. , a rare waterfront lot with seventy two feet of frontage on Okanagan Lake in a quiet, gated community.

Full underground services, boat launch nearby. A wharf is installed with a synthetic deck. The only vacant lot in this phase of the development.

MLS#10138711

New

7 - 50 Kestrel Place

Great views of Kalamalka Lake from this well upgraded four bedroom family home. Level entry, tall ceilings on the main with an entry area turret for natural light down the staircase. A massive family room area is adaptable to various uses. Premium ensuite and lots of closets. The rear yard is very private with room for a pool. RV parking.

MLS#10137042

$828,000

$987,500

1101 - 7343 Okanagan Landing Rd

$288,000

$849,900

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

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

701 Brassey Crescent

$1,300,000 Largest floor plan available at the Strand Lakeside Resort. 3 master bedrooms plus a den all on one level facing the lake and pool area. Huge covered deck makes a great set up to check out the action on the water or keep an eye on the kids while they play at the pool and beach. Fully furnished with a boat slip and two underground parking spots.

MLS#10138066

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

Vernon

$424,800 Build your Dream Home at THE TERRACES at Adventure Bay. This just under 1/4-acre building in a great location has exceptional unobstructed lake, mountain and city views and is ideally situated to capture morning sunlight from your view deck! Lot is ready to build! All utilities available, paved roads & sidewalks are already in place. MLS#10133475

8812 Oxford Road

$219,000

To view more listings please visit www.DonKassa.com or www.SilverStarProperties.ca REP_Vernon_Issue_15.indd 7

28/07/2017 2:24:22 PM

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 SUMMER PROMOTION SUGAR LAKE RECREATIONAL PROPERTIES

OPEN HOUSE: Sunday, August 6th 12:00-3:00pm •

· Exceptional Limited Time offering! Take an additional $25,000 off the List Price · Sugar Lake Recreational Properties keeps getting better; Come out and view the resort including or newest addition, the floating doc. Visit us during the open house & pick out your Cabin or RV Lot · Room rentals at the lodge and RV lot rentals available, book your stay today and stay for the experience. · View all details & drone video at www.heidilussi.com under recreational properties.

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Cabin & RV Lots – starting at $69,500, Less the $25,000 promotion!

#109-3701 27th Ave New

516 SilverSage Place

New

Affordable Lifestyle! This very well maintained 2 bed, 1 bath unit, new flooring, in-suite laundry and an open floor plan. Large living/dining space & a good size covered deck. $129,900 MLS®:10139186

15290 Old Mission Rd

Unobstructed Lake views - 3.62 acres w/ vineyard that produces grapes for award winning wineries. Great ranch style home set in a private setting w/ detached shop & attached garage. $939,000 MLS®:10139308

Contemporary Tuscan home professionally designed inside/out. Total privacy, great views, multiple outdoor patios, modern gourmet kitchen, high end appliances/built-ins, Sonance speakers throughout, Geo thermal & infloor heating/ cooling, 400 bottle wine cellar, much more…

$1,590,000 MLS®:10134435

For ALL listings visit www.heidilussi.com REP_Vernon_Issue_15.indd 8

28/07/2017 2:24:26 PM

THEREALESTATEPAGES.CA | 9

ONE OF THE BEST RENTAL OPPORTUNITIES IN VERNON

ENTERTAIN FAMILY & FRIENDS WITH STUNNING KAL LAKE VIEW

SWAN LAKE VIEW WITH MORTGAGE HELPER SUITE

Rental income opportunity

Two levels of lake views

Prime location

Over 4600 square feet

Just under 1.5 acres Recent renovations

Recently renovated

5 bedrooms/3 baths

Private outdoor living area

Private back yard

Open concept kitchen

Beautifully landscaped Close to public beach access

Theater, wine & game rooms Highly desired neighbourhood

Large window views Affordable Okanagan lifestyle

LAKESHORE RD w/ SUITE

PERFECT OKANAGAN LIVING

LAKE VIEW w/INLA W SUITE

enjoy the Kalamalka Lake view from your home every day

plenty of space to entertain your family & friends

across the road from one of the best beaches in Vernon

$679,000

Studio/multi-purpose space

$929,000

MLS ® 10138725

$579,000

MLS ® 10137634

MLS ® 10138676

250.309.0039 chris@chrisholm.ca

Brenda Ellis

Brent Stevenson

Shelby Bouchard

REALTOR®

REALTOR®

250.549.0023

250.309.9969

250.308.4310

REALTOR®

Diane Callbeck Client Care Specialist (unlicensed)

Kendra Scarrott Executive Assistant (unlicensed)

your listing We Provide

We Know

services that make your home stand out

how to give your home maximum exposure

Home staging consultation HD photography package HD property videos Professional floorplans Custom property booklets Open houses Listings translated to over 70 languages

Full MLS distribution Strategic Facebook, YouTube and Instagram advertising Relevant email marketing Syndication to 900+ websites RE/MAX networking with over 100,000 agents in 100 countries

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a team committed first to our clients Leaders in marketing trends 35 years combined experience Certified Negotiation Expert Certified International Property Specialist RE/MAX Hall of Fame recipient Our fees start at just 4%

Hear from our clients who loved their listings at

www.ChrisHolmRealEstate.ca/testimonials

REP_Vernon_Issue_15.indd 9

28/07/2017 2:24:32 PM

10

3413 9th St, Vernon

New Listing

New Listing

Top of Easthill in Royal Oak. Rancher with walkout basement, open for plan, inlaw suite, double garage, huge storage and workshop space in basement, RV parking, fenced yard and spectacular view.

Horse lovers paradise on 7.13 acres with panoramic views, fenced & cross fenced, riding ring, tack & outbuildings & country living. Live int he current 3 bed, 2 bath manufactured home or build your dream home.

MLS TBD

John

4844 Grandview Flats Rd

$619,000

MLS TBD

105 Gunter-Ellison Rd, Coldstream

0.45 sloping acres on the edge of town with spectacular valley, city & mountain view of the Enderby cliffs in the distance.

Private and with a rural feel yet minutes from town. This is a great buy!!!

$399,000

6350 Brewer Rd, Coldstream

4602 20 St, Vernon

4 bdrms, 3 bath, 3263 sqft home on .584 acres with country setting close to schools, parks, recreation and only 10 minutes to Vernon. This property has expansive mountain and valley views and should not be missed!

High density development site in Vernon BC. This site is .62 acres zoned RH1 multifamily with previous approval for 24 residential units. Services at lot line. Excellent location being within walking distance to schools, shopping and on public bus route.

MLS 10103523

$84,900

Kristian Personal Real Estate Corporation

250.549.4161 JohnKristian.ca john@johnkristian.ca

MLS 10137177

Vernon

$635,000

MLS 10136922

$698,000

e-Editions available online YourRealEstatePages.com

REP_Vernon_Issue_15.indd 10

@REPVernon

Vernon Real Estate Pages

28/07/2017 2:24:37 PM

THEREALESTATEPAGES.CA | 11

Nice Quality Finished Home

Breathtaking Unobstructed Lake view

3 bdrm, 2 Bth, garage/work shop mls# 10137110

Custom built home, 3300 sqft. mls# 10129932

10883 Westshores Road

128 Sunset Boulevard

www.your5starteam.com Beverly Hills Estates

Ready to Move Into

Newly Offered at $1,195,000

Offered at $469,000

Cliff Wenger REALTOR®

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

Tammy Stein REALTOR®

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

Vernon

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READY TO START THAT KITCHEN PROJECT? We are here to help from start to finish!

MEET OUR QUALIFIED DESIGNERS COMPUTER GENERATED 3-D DRAWINGS

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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.

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REP_Vernon_Issue_15.indd 11

SilverStarMedia.ca 250.545.8858

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28/07/2017 2:24:48 PM

BCREA HOUSING FORECAST UPDATE

February 2017

12BCREA HOUSING FORECAST UPDATE

February 2017

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

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 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 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 Release For Immediate 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% 10,532 9,400 8,750 $383,192 $396,000 $402,000 Vancouver Island 417 390 345 $284,471 $288,000 $291,000 26.6% -10.7% -6.9% 12.8% 3.3% 1.5% Powell River Sunshine Coast 9.4% British Columbia -6.5% -11.5% 15.3% 1.2% 1% Vancouver, BC – July 13, 2017.

The Real Estate Association (BCREA) reports 417 390 345 $284,471 $288,000 $291,000 BC – July 2017.

The British Columbia Real Estate Association (BCREA) 963,000 reports Vancouver, BCVancouver, – JulyRiver 13,Sunshine 2017.

The British Columbia Real Estate Association (BCREA) reports Powell Coast13, 40,880 34,000 35,750 1,017,228 942,000 9.4% 15.3% 1.2% Service®1% Five-pillar approach will recorded build-11.5% stronger that a total of 11,671 residential unit sales-6.5% were by thecommunities Multiple Listing Greater Vancouver a total of 11,671 unit sales were recorded the Multiple Listing that a total of that 11,671 residential unitresidential sales were recorded by the Multiple Service® -5.2% -16.8% 5.1% byListing 12.7% -7.4% Service® 2.2% 40,880 34,000 35,750 1,017,228 942,000 963,000 (MLS®) in June, down 9.6 per cent from the19,700 same period last year.$676,946 Total sales$657,000 dollar volume was Greater Vancouver 23,086 18,900 $668,000 -5.2% -16.8% 5.1% 12.7% -7.4% 2.2% in June, down 9.6 per cent from the same period last year.

Total sales dollar volume was (MLS®) in June,(MLS®) down 9.6 per cent from the same period last year.

Total sales dollar volume was Fraser Valley BC – April 19, 2017. The British Columbia Real Estate Association (BCREA) today announced Vancouver, $8.47 billion, down 5.6 per cent from June 2016.

The average MLS® residential price in the 15.1% -14.7% -4.1% 17.2% -2.9% 1.7% 23,086 19,700 18,900 $676,946 $657,000 $668,000 $8.47 billion, downfrom 5.6 per from 2016.MLS® The average MLS® residential price $428,000 in the $8.47 billion, down 5.6 perapproach cent Junecent 2016.

TheJune average residential price in the Fraser Valley a five-pillar to aaddress housing affordability for-4.1% renters, homebuyers homeowners across 4,306 3,400 3,100 $397,911 and $416,000 province was $725,778, 4.4 per 15.1% -14.7% 17.2% -2.9% 1.7% Chilliwack and District province was $725,778, a 4.4 per province was $725,778, a 4.4 per 37.2% -21% -8.8% 18.4% 4.5% 2.9% British Columbia.

3,400 3,100 $397,911 $416,000 $428,000 cent increase from the same 4,306 Chilliwack and District 3,181 2,870 2,700 345,528 355,000 362,000 cent increase from the same cent increase from the same 37.2% -21% -8.8% 18.4% 4.5% 2.9% Kamloops District period lastand year.

23.6% -9.8% -5.9% 5.9% 2.7% 2% 3,181 2,870 345,528 355,000 362,000 BCREA’s five pillars include timely recommendations to: 2,700 period last year. period last year.

Kamloops and District 10,036 8,400 8,600 $461,791 $468,000 $476,000 -9.8% -5.9% 5.9% 2.7% 2% Okanagan Mainline  assist consumers with 23.6% housing 25.6% costs, -16.3% 2.4% 13.1% 1.3% 1.7% “Although home sales remain 10,036 8,400 8,600 $461,791 $468,000 $476,000 Okanagan Mainline  remain encourage the remain creation25.6% of more rental housing, 2,459 2,050 1,975 $364,295 $351,000 $356,000 “Although home sales “Although home sales -16.3% 2.4% 13.1% 1.3% 1.7% well offOkanagan* the record pace set last South 21.6% -16.6% -3.7% 11.3% -3.6% 1.4%  the densify urban areas, 2,459 2,050 1,975 $364,295 $351,000 $356,000 well off record pace set last well off the record pace set last year, South demand Okanagan*is still quite 260 285 325 $233,363 $243,000 $248,000  adjust the Property Transfer Tax, and -16.6% -3.7% 11.3% -3.6% 1.4% Lights year, demand is still quite 21.6% year, demand robust,” is stillNorthern quite said Brendon -16.7% 9.6% 14% -13.4% 4.1% 2.1% 260 285 325 $233,363 $243,000 $248,000  promote best practices among local governments.

Northern Lights 2,955 2,500 2,575 $282,758 $286,000 $291,000 robust,” said Brendon robust,” said Brendon Ogmundson, BCREA Economist.

-16.7% 9.6% 14% -13.4% 4.1% 2.1% Kootenay -15.4% 3% 2.7% 1.1% 1.7% 2,955 2,500 2,575 $282,758 $286,000 $291,000 Ogmundson, BCREA Economist.

Ogmundson, BCREA Economist.

“That demand is supported a18.2% “REALTORS® understand theby importance of housing in creating strong communities,” says Kootenay 4,069 4,100 affordability 4,250 $263,703 $265,000 $269,000 18.2% -15.4% 3% 2.7% 1.1% 1.7% Northern “That demand is economy by-3.4% a these five0.8% “That demandstrong isBC supported asupported provincial and Robert Laing, by BCREA CEO. “Through pillars, BCREA’s recommendations provide a clear 3.7% -0.4% 0.5% 1.5% 4,069 4,100 4,250 $263,703 $265,000 $269,000 BC Northern strong provincial economy and vigorous job growth.” strong provincial economy and 112,209 96,345 95,770 for British 691,144 657,026 666,657 pathway toward making homes more accessible and affordable Columbians.”

-3.4% 0.8% 3.7% -0.4% 0.5% 1.5% BC Total 9.5% -14.1% -0.6% 8.6% -4.9% 1.5% 112,209 96,345 95,770 691,144 657,026 666,657 vigorous job growth.” vigorous job growth.”

BC Total NOTE: The Northern Lights Real Estate Board (NLREB) became part of the South Okanagan Real Estate Board (SOREB) on January 1, 2011.

-14.1% -0.6% 8.6% Association -4.9% of BC. “Many 1.5% of BCREA’s recommendations are 9.5% supported by the Canadian Home Builders’ “But, supply remains a challenge,

Board Area

immediate release Board Area For immediate release For immediate For release Victoria

Strong Economy Keeps Housing Demand Above Long-Run Average Strong Economy Keeps Housing Demand Above Long-Run Average Strong Economy Keeps Housing Demand Above Long-Run Average

BC Real Estate Association Unveils Housing Affordability Plan

*Excluding Northern Lights

NOTE: Northern Lights Real Estate Board (NLREB) housing became part affordability of the South Okanagan Estate Board (SOREB) onand January 1, 2011. theTheBCREA proposals on market areReal shared priorities goals of CHBA BC,” says which means most areas are “But, supply remains a challenge, “But, supply remains a challenge, *Excluding Northern Lights Neil Moody, CEO. “These actions on supply and building costs help industry deliver a more affordable seeing tightare market conditions and significant upward pressure on prices,” said Ogmundson.

BCREAareas Economics provides research, and information on economic factors affecting British Columbia and its housing markets. which means most timely areas are analysis which means most product for homebuyers, provide more choice for buying or renting, and decrease extra costs for buyers Total active listings inconditions the province were down 6.2 per cent toaffecting 29,651 units from June 2016.

BCREA Economics provides timely research, analysis and information on economic factors British Columbia and its housing markets. seeing tight market and significant upward pressure on prices,” said Ogmundson. seeing tight market conditions and significant upward pressure on prices,” said Ogmundson. like Property Transfer Tax.” (BCREA) is the The the British Columbia Real Estate Association Send questions and comments about the Housing Forecast Total active listings for inwere thethan province were down per cent 29,651 units from June 2016. to: Total active listings in theassociation province down 6.2 per cent to6.2 29,651 unitstofrom June 2016. in BC, professional more 20,000 REALTORS The British Columbia Real Estate Association (BCREA) is the Year-to-date, BC residential sales dollar can volume was down 21.7 per cent to $39.1 billion, when to: questions and comments about the Housing Forecast Cameron Muir, Chief Economist, More information on BCREA’s five found on Send the Association’s new website: focusing onassociation provincial issues thatthan impact realpillars estate. Working inbe BC,with professional for more 20,000 REALTORS cmuir@bcrea.bc.ca; 604.742.2780 compared with the same period in 2016.

Residential unit sales declined 18.6toper centbillion, to 54,830 Cameron Muir, Chief the province’s 11 BC realissues estate boards, BCREA continuing www.bchousingaffordability.ca.

Year-to-date, residential sales dollar volume down 21.7 perEconomist, cent $39.1 when Year-to-date, BC residential sales dollar volume wasWorking down 21.7was per cent to $39.1 billion, when focusing on provincial that impact realprovides estate. with cmuir@bcrea.bc.ca; 604.742.2780 Brendon Ogmundson, Economist, units, while the average MLS® residential price was down 3.8 per cent to $712,993. professional education, advocacy, economic research and the province’s 11 real estate boards, BCREA provides continuing theinsame in 2016.

Residential unit sales declined 18.6 per cent to 54,830 compared withcompared the samewith period 2016.period Residential unit sales declined 18.6 per cent to 54,830 ®

®

bogmundson@bcrea.bc.ca; 604.742.2796 Brendon Ogmundson, Economist,

professional education, advocacy, economic research BCREA is the professional association forand about 22,000 inper BC,cent focusing on provincial issues units, while the average MLS® residential price down to $712,993. units, while the average MLS® residential price was down 3.8 was perREALTORS® cent to3.8 $712,993. bogmundson@bcrea.bc.ca; 604.742.2796 provide value for their clients. standard forms to help REALTORS -30Additional is available on that impact real estate. Working with the province’s estate economics boards, information BCREA provides continuing To demonstrate the profession’s commitment to improving Quality 11 real BCREA’s website at: www.bcrea.bc.ca. professional education, advocacy, economic research and standard forms to help REALTORS® provide For more information, please contact: Additional economics information is available on Life in BC communities, BCREA supports policies that help Toofdemonstrate the profession’s commitment to improving Quality -30-30BCREA’s website at: www.bcrea.bc.ca. value theirvitality, clients. ensure economic providesupports housingpolicies opportunities, preserve Brendon of Life infor BCOgmundson communities, BCREA that help To sign up for BCREA news releases by email visit: For more information, please contact: For more information, please contact: the environment, protect property ownersopportunities, and build better www.bcrea.bc.ca/news-and-publications/publications/ ensure economic vitality, provide housing preserve Economist To sign up for BCREA news releases by email visit: manage-subscriptions. communities with good schools and safeand neighbourhoods.

Brendon Ogmundson Brendon Ogmundson To demonstrate the profession’s commitment to improving Quality of Life in BC communities, BCREA the environment, protect property owners build better www.bcrea.bc.ca/news-and-publications/publications/ Direct: 604.742.2796 manage-subscriptions. communities with good schools and safe neighbourhoods.

Economist Economist Mobile: supports policies that help ensure economic vitality, provide housing opportunities, preserve the 604.505.6793 environment, protect property owners and build better communities with good schools and safe Direct: 604.742.2796 Direct: 604.742.2796 Email: bogmundson@bcrea.bc.ca neighbourhoods.

Mobile: 604.505.6793 Mobile: 604.505.6793 Housing Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, provided that credit is given to BCREA by including the following statement: -30“Copyright British Columbia Real Estate Association. Reprinted with permission.”

Housing Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS may reprint this content, Email: bogmundson@bcrea.bc.ca Email: bogmundson@bcrea.bc.ca BCREA makes no guarantees as to the accuracy or completeness of this information. standard forms to help REALTORS® provide value for their clients. ®

®

®

For more information, please contact: | Phone: 604.683.7702 Wendy Richmond, (604) 724-5489, wrichmond@national.ca

provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.”

BCREA no guarantees as to accuracy completeness this information.

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

|

Phone: 604.683.7702

| |

Fax: 604.683.8601 Fax: 604.683.8601

| |

2

Email: bcrea@bcrea.bc.ca 2 Email: bcrea@bcrea.bc.ca

Norma Miller, (604) 742-2789, nmiller@bcrea.bc.ca

1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 1420 –Jim701 Georgia Street W, PO Box 10123, Vancouver, BC V7Y(tel) 1C6 President Stewart | President-Elect James Palanio Pacific |Centre, bcrea@bcrea.bc.ca | 604.683.7702 Executive Officer Robert Laing | |www.bcrea.bc.ca | |604.683.8601 Past President Deanna Horn | |Chief (fax)(tel) President Jim Stewart President-Elect James Palanio bcrea@bcrea.bc.ca 604.683.7702 1420 –Street 701 Georgia W, PO Box Centre, 10123, Pacific Centre, 1420 – 701 Georgia W, PO Street Box 10123, Pacific Vancouver, BCVancouver, V7Y 1C6 BC V7Y 1C6

Vernon

*Personal Real Estate Corporation

| Chief Executive Officer Robert Laing | www.bcrea.bc.ca | 604.683.8601 (fax) Past President Deanna Horn President Jim| Stewart President-Elect James | bcrea@bcrea.bc.ca | 604.683.7702 (tel) President Jim Stewart President-Elect| James Palanio | Palanio bcrea@bcrea.bc.ca | 604.683.7702 (tel) Chief Executive Robert Laing | www.bcrea.bc.ca | 604.683.8601 (fax) Robert LaingOfficer | 604.683.8601 (fax) Past Horn President DeannaExecutive Horn | Officer Past President Deanna | Chief | www.bcrea.bc.ca REP_Vernon_Issue_15.indd 12

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THEREALESTATEPAGES.CA | 13

Spacious East Hill Family Home

2780 sq ft, 4 bdrm, 3bath, home, on a quiet cul-de-sac, two blocks from Silver Star Elementary. Private backyard, large pie shaped lot, backing on to a Public Institutional zoned area for the Greater Vernon Water, McMechan Water Reservoir.

MLS# 10137649 $579,900

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

Deveau REALTOR®

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$1,200,000 4671 McLeery Rd, Spallumcheen Call Deb & Judy @ The Key Team - MLS10118748

712 Third Avenue, Enderby Call Deb & Judy @ The Key Team - MLS10137653

$389,900 501 Park Avenue, Enderby 5 Bed, 3 Bath, level entry basement with suite potential. 3 decks to enjoy views of the surroundings & Enderby Cliffs. Level lot. Hot tub. Main level open concept living. Updated in 2005. Walk to school, shops & recreation.

Call Bonita Lundquist PREC 250-306-8184 - MLS 10138262

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

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

Vernon

7830 Glenhayes Road, Vernon

9790 Springfield Rd, Lavington

2105 19th Ave, Vernon

12311 Husband Rd, Vernon

Amazing Views of Swan Lake from this Rancher. Basement Suite, with 5+ Acres of land, Detached Shop and 12 Stall Storage Complex.

A Great Income Producer!

10+ Acres of Gently Rolling Farm Land. Irrigation, Farm Status and Utility Hook Ups at Lot Line. Amazing Valley Views, Private, Don't Wait Build your Dream Home Today.

Desirable East Hill Location. Corner Lot, Single Attached Garage Plus a Separate Driveway with 22x24 Shop.

Open Plan with Suite Potential.

Beautiful Views of Kalamalka Lake & Valley. Nearly 3/4 Acre, Mature Treed Yard & U/G Irrigation. Hardwood, Updated Kitchen, Spiral Staircase & Jacuzzi Tub. Great for Entertaining.

Kal Beach just a Short Walk Away.

MLS®10137679

MLS®10138240

MLS®10136071

REP_Vernon_Issue_15.indd 13

$999,900

$575,000

$399,900

MLS®10138367

$629,900

28/07/2017 2:25:22 PM

Harwood

Downtown Vernon

Middleton MTN

10 - 1801 53 Avenue

2813 35 Street

947 Mt Begbie Drive

Family Townhome, Private Yard Renovated 4 bedroom, 3 bath townhome. Family/ Media Rooms. Walk-out to private, landscaped, fenced yard! Tranquil view over BX Trail & Creek!

Bright open living areas. High ceilings, skylights.

Double garage. Family neighborhood. Walk to schools, shopping & park! Pets allowed.

2 Storey Commercial Building 2 Retail storefronts & 2 residential units. Live upstairs (one 3 bed unit and a one bed unit) and have your business down! Double garage, large grass yard plus extra parking. Excellent location off Main Street!

Family Home on Middleton Mountain Immaculate 3 bedroom +den, 3 bath home.

Minutes to play park, downtown & beach. Open plan. Maple kitchen. Oak hardwood. Screened deck with City view! Hot tub! Double garage.

Fenced yard.

$392,900

$489,000

$569,900

mls 10138625

mls 10138947

mls 10137826

Coldstream

Okanagan Landing

Coldstream

8508 Lakeview Drive

6060 Okanagan Landing Road

10402 Middleton Drive

Lake View Family Home Renovated 4 Bedroom, 2.5 bath family home on .32 acres in the Coldstream! Kalamalka Lake view! Open plan. Spacious covered deck.

Mature landscaping. Private, fenced backyard.

RV parking! Walk to College.

Development Potential 2 Acres of level land bordering Long Lake Creek.

Walk to Kin Beach on Okanagan Lake, schools, and parks! Artisan well! Solid 4 bedroom +den home with full basement. Huge deck. 18’ x 36’ pool. 24 x 40 Shop w/ 220 wiring. Room for a horse!

5 Acre Coldstream Hobby Farm Fully fenced & ready for horses w/shelter, auto waterer, pasture & hay storage. Large backyard with fruit trees. 4 Bedroom home with walkout lower level with hardwood, tile, spiral staircase, large covered deck.

$588,000

$829,900

$898,000

mls 10139255

mls 10138986

mls 10138834

Cover Feature - Welcome to Kinloch House Coldstream - 12803 Kinloch Drive Built in 1920 and the next century is yours! .81 Private, park-like grounds.

Heated pool & waterscape. Carefully preserved character blended with all modern conveniences. Built in the Arts & Craftsman style, with 5 sun-filled bedrooms, formal dining & living, high end theatre, games room. Overlooking Kalamalka Lake next to the Provincial Park. mls 10139109 $2,595,000

Priscilla

REP_Vernon_Issue_15.indd 14

28/07/2017 2:25:27 PM

OkanaganHomes.com | 250.549.7050

Commonage

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417 High Ridge Road

13722 Ponderosa Way

824 Middleton Way

Kalamalka Lake View Acreage BUILD YOUR DREAM HOME in this quiet neighborhood of estate homes. Panoramic views from this rare, 5.12 acre property with approximately 450ft frontage facing the lake and extending down to new Rail Trail! Water license in place.

Kalamalka Lakeshore Building Lot A rare find! .31 Acre with approx. 118 ft of Kalamalka Lakeshore in a favourite Coldstream neighbourhood. Amazing southwest views.

Building envelope surveyed. Municipal water/ sewer. Two blocks to Kalamalka Provincial Park!

Kalamalka Lake View Home Move in ready! Furnished 5 bed, 4 bath Coldstream home overlooking Kalamalka Lake.

Gourmet kitchen, master w/luxury ensuite & custom closet. Alarm, a/c, hardwood, tile, granite. Family room & tiered media room. Triple garage + garden garage.

$899,000

$1,250,000

$1,248,000

mls 10138275

mls 10125654

mls 10136035

Coldstream 366 Cypress Drive

North BX 5155 East Vernon Road

10709 Coldstream Creek Road

Your Coldstream Kingdom 3.97 Private, rolling, acres! Stately 3,230 sf home with solid granite construction! Curved granite staircase, 4 Bedrooms, Den, 2.5 baths, Sun Room, Family Room, formal Living & Dining Rooms.

Detached 2-story Guest Cottage.

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4.21 Acres in North BX Gently sloping. Country setting. Beautifully landscaped. Sweeping views! 4 Bedroom, 4 bath home. Main level Master Suite, walk-out to hot tub. BONUS ROOM! Over-size double garage.

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Oversize, double garage.

10 Acre Coldstream Estate Rare opportunity! 10 Acre estate on Coldstream Creek! Beautifully restored, 1.5-storey, 3300 sq.ft., 3 bed, 2.5 bath, home. Detached 3-bay garage/ studio with ‘gentleman’s retreat’. Barn, paddocks, pasture. Irrigation. Walk to schools, beach or Kalamalka Provincial Park!

$1,390,000

$1,388,000

$1,999,000

mls 10136952

Coldstream

mls 10139256

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Alan Stier

Craig Demetrick

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REALTOR®

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

mls 10137994

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REP_Vernon_Issue_15.indd 15

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