Vernon Real Estate Pages

VERNON & AREA

Armstrong Enderby Lumby

This listing is proudly presented by

Don Kassa & Ryan Danchuk

Great family home with plenty of room. Located in a great neighbourhood. 5 bedrooms plus den, 4 bathrooms.

Call 250-549-4161 or visit www.DonKassa.com

Issue 42 • Sept 7 - Sept 20, 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 RE/MAX Vernon

RE/MAX North Valley

Roger Gates

Marty Gilbert*

Kyle Goulet

Chris Holm*

Connor Hutchinson

Kate Kessler

Christie King

Heidi Klein*

John Kristian*

Tracy Lauriente

RE/MAX Vernon

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RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

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Graeme Magee

Stewart Pearson* Ashley Prenioslo RE/MAX Vernon

Pratab Sidhu

Shawna Sidhu*

RE/MAX Vernon

Armstrong

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Vernon

RE/MAX Commercial Solutions

Graysen Marsh

Jayme McKillop

Teresa Prince

Dave Pusey*

Claire Radford*

RE/MAX Vernon

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

RE/MAX North Valley

Ken Magel

RE/MAX Commercial Solutions

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North Valley

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Krista Blankley* Landon Bootsma Shelby Bouchard RE/MAX Vernon

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Shane McMorran* Robert Moorhouse RE/MAX Vernon

Lisa Salt*

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Tammy Stein

Brent Stevenson

Vernon

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RE/MAX Priscilla

RE/MAX Vernon

Tannis C. Lavik V. Charlette Lavik Bryan Leachman

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Rob Nobert RE/MAX Vernon

Chris Santos

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Alan Stier

Dawn Taylor*

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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* RE/MAX Vernon

Feeling Social? We are.

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

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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.* ®

Cliff Wenger RE/MAX Vernon

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*Not intended to solicit properties already listed for sale.

Each office independently owned and operated.

DonKassa

REALTOR ® SERVICES

250.549.4161 www.DonKassa.com donkassa@donkassa.com A third floor 2 bed, 2 bath corner unit in The Strand. Full time occupancy possible with payment of GST & City fee.

Units may now be financed.

U/ground parking, hot tub, pool, storage locker.

MLS®:10163128 #2305 7343 Okanagan Landing Rd.

$308,000

LEASE

3502 East Vernon Road

$748,000

$774,900

903 Raffan Road

$748,000

$3,000,000

Country setting, very private 1 acre lot, close to town. 5 bdrms, 4 bths, + den, well maintained. Large covered deck, great view. Bsmt has tons of room & self contained suite.

Lots of parking, double garage, unfinished area for media room. MLS®: 10161387 9286 Kokanee Road

An affordable lakeshore opportunity. An older home on the high side of Okanagan Landing Road.

The beach area is across the street.

The home needs TLC but may work until you build further back with a a garage under.

MLS®:10165187 8740 Okanagan Landing Rd.

$8/sq.ft.

7.72 commercially zoned acres in Armstrong, BC. 836 feet of frontage adjacent to Hwy 97A. 8,550+ sq. ft. concrete block building with various ceiling heights adaptable to a number of uses. High exposure, gravel base, easy access. MLS®:10164771

Gorgeous and thoughtfully finished interior on this like-new home with no GST payable.

Check out the sweeping views from the large covered deck.

3 bdrms, 3 baths + 1bdrm suite, 3138 sq ft. High end finishings + stainless appliances.

MLS®:10166870 989 Mt Ida Lane

Industrial lease space on Okanagan Landing Road.

5,145 square feet on the main to be leased at $8/sq. ft. with additional 1,250 square foot mezzanine to be leased at $2/sq. ft. Dedicated parking. Private washrooms. MLS®:10163560

6255 Okanagan Landing Road

Rancher w/ pool on 2 acres.

34x30 shop, separate barn, detached 2 car garage. Home has been virtually rebuilt in the last 5 years. Rural setting yet close to town for schools, shopping, & amenities. Great home for a family w/ room for toys!

MLS®:10164305

NEW PRICE

Vernon

$699,000

In the heart of the village at Silver Star Mountain Resort.

This one bedroom plus sleeping alcove suite comes fully furnished, with two queen beds and a double pull out in the living room. Fully ski in and ski out, roof top hot tubs.

MLS®: 10164067 #201 148 Silver Lode Lane

Please visit our website www.DonKassa.com

$104,800

YOURREALESTATEPAGES.COM | 5

Meet Jane,

If it takes 10,000 hours to become an expert on a subject, then Jane Field is undoubtedly an expert in her field.

JANE FIELD Cell 250.938.2830 Office 250.503.3755 Toll Free 1.888.503.3755

As a realtor, she has provided the home buyers and sellers in the Vernon area with her extensive area knowledge and real estate experience.

Appreciated for her friendly approach and service-oriented style, she continues to set high standards in the Okanagan properties market.

Jane’s welcoming demeanour and dedication to service has made her a successful top realtor in the Vernon area for her entire 40+ year career.

Jane’s focus is on the needs and satisfaction of each individual client, and with a dedication to the Exceptional Service expected in a Real Estate agent, she offers services in all aspects of RE/MAX and MLS (Multiple Listing Service) listings.

Experience

that will move you RRS

Registered Relocation Specialist

For market evaluations, and the best advice on how to obtain the fairest price contact Jane today!

Thinking of Selling?

Vi ew s

7290 Longacre Drive, Vernon

O ka na ga n

La ke

jane@vernonrealestate.ca Vernon

5603 - 27th Street Vernon, BC V1T 8Z5

· 3 Bdrms, 3 Baths · Very clean 3 level split · In ground swimming pool · Very private backyard, pasture behind.

Call me for a FREE market evaluation*

MLS 10154354 $579,900

*Some restrictions apply

250.938.2830

Vernon is pleased to welcome Bryan Leachman to our team of professionals.

Originally from Ontario, Bryan has been out West for the past 12 years.

The mountains were calling, and he had to go. Bryan has spent the last 23 years in the construction industry. He received his Red Seal Electrical license in 2001 and then proceed to acquire a National Construction Safety Officer certificate in 2015. With two challenging careers achieved he has set a new goal in Real Estate.

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.

Bryan has a deep love for his daughter, his family and his friends.

But he still finds time to play, the mountains are his favorite playground.

In the summertime, hiking or biking, and skiing in the winter months. His #1 passion has been and still is, horses. For the past 30 years, he has only been able to learn one definitive lesson from horses, that is he doesn't know a darn thing about horses but with a willingness to be quiet and listen he has gathered a lifetime of respect for his 4-legged friends.

No obstacle is out of reach for Bryan.

With self-determination and a good sense of right and wrong, Bryan will certainly excel in his new career path.

Bryan Leachman 250-550-8606 Bryan@saltfowler.com

6

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

Vernon

W N E I CE PR

W G N E TIN S I L

3913 27 Avenue

$775,000

3 bdrm, 1 bath on quiet street close to all amenities.

Fully wired 15x30 detached shop, a carport and a great covered deck. Zoned RM2.

MLS®10163686

Bright and spacious 2 bdrm, 2 full bath condo in sought after Turtle Mountain Estates. granite counter tops, gas fireplace, covered sundeck and skylight.

MLS®10165152

#409 3806 35 Avenue

$354,900 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

Stunning Canadian Lakeview 3 bdrm, 3 bath home.

Open concept layout, with granite countertops, massive granite island, wet bar, heated slate tile floors in all bathrooms, hardwood floors, 2 gas fireplaces, high ceilings & much more. The backyard is nestled in forest, giving the feeling of an acreage, without the hassle.

Enjoy access to a semi-private community beach and boat launch on Okanagan Lake. MLS® 10167818

25 Kestrel Place, Vernon

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

12311 Husband Road

Fantastic opportunity to build your dream home on 10+ acres of gently rolling Lavington farm land.

Private setting, easy access.

MLS®10137679

9790 Springfield Road

$579,900

$339,900

We Help Your Business

INC

SilverStarMedia.ca 250.545.8858

$459,900

YOURREALESTATEPAGES.COM | 7

Looking for a Resort Lifestyle? #100 9845 Eastside Road

#35 1134 Pine Grove Road

www.your5starteam.com MLS速 10147876

MLS速 10160788

Offered at $429,900

Offered at $634,000

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

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Auto & RV www.YourRealEstatePages.com Vernon Real Estate Pages

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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

8

Serving locally & marketing globally.

Murray Bennetto 250.306.6476

#10 - 7769 Okanagan Landing Rd. Wonderful lifestyle living on Okanagan Lake, 3 Bds + 3 Bath home in bareland strata community. Steps to Private Beach & boat slip, open floor concept, heated floors, hardwood, tile, maple kitchen cabinetry with granite countertops and large windows. Private yard.

bennetto@shaw.ca

www.bennetto.ca g tin Lis 000 w , Ne 85

#18 5920 Heritage Drive, Vernon

g tin Lis 000 w , Ne 39

#45 5888 Okanagan Landing Rd.

Beautiful 4 bdrm, 3 bath, Rancher with walkout basement townhome in popular Bella Vita Views. Ideally located on end corner, this home provides stunning private views over the city, valley and mountains from the very large deck.

MLS®10167423

$6

MLS®10158220 - $939,000 New Listing

#28 - 4600 Bella Vista Road

Well cared for 2 bdrm, 2 bath adult townhome at Vista Ridge. Shows 10 out of 10.

Several upgrades including gas fireplace and central air, furnace hot water tank, flooring.

End unit makes it one of the best locations in the complex.

MLS®10167275 - $319,900

Beautiful, bright 2 bedroom, 2 bathroom end unit rancher in popular South Valley Ranch. Wonderfully maintained, this home shows almost new. Gorgeous living, dining & kitchen areas. Lovely private covered back patio with garden and pathway to side yard. MLS®10167382

$4

ice 0 Pr w ,00 Ne ,049

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. MLS®10157760

$1

Experience & heart goes into every transaction!

Carol Shalovelo Personal Real Estate Corporation

250-503-8332

www.OkanaganProperties.ca

Vernon

e-Editions available online YourRealEstatePages.com

Vernon

@REPVernon

Vernon Real Estate Pages

YOURREALESTATEPAGES.COM | 9

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

Vernon

7961 Buchanan Road, Coldstream - Operating as the Highlands Golf Short-Game golf course! g tin 0 Lis ,00 w 0 Ne 0

,8 $1

Unique Coldstream 15.11 acre property, operating as the Highlands Golf Short-Game golf course!

Includes an open plan, 2,314 sq.ft. substantially renovated-interior Traditional primary residence with a gorgeous in-ground pool, an 1,840 sq.ft. clubhouse and a 1,260 sq.ft. equipment shop.

The property operates as a 9-hole pitch & putt with great additional revenue potential. MLS 10167524

#8 1117 Mt. Fosthall Drive, Vernon

00 ,0 5 8 $9

OPEN HOUSE - Sat. & Sun. Sept 8-9, 2:00pm - 4:00pm Hillside Sensation, 4 Bedroom, 6 private decks & cathedral ceilings. MLS 10155661

2 bedroom, 2 bathroom unit in Parkdale Adult 40+ Complex,. MLS New

1870 Grandview Avenue, Lumby New Price

The world is online So are all of our listings!

Join us on social media!

MLS 10164621

3401 15th Street, Vernon New

Chrysta Cleverley

MLS 10166872

250-309-1296 Instagram

@ChrisHolmRemaxRealtor chrisholmrealestate

Youtube

$409,000

2508 14 Street, Vernon

Personal Real Estate Corporation

Facebook

$389,900

New

chrystacleverley@remax.net

Chris Holm

MLS 10166924

$297,900

7220 Lakeridge Place, Vernon,

CHRIS HOLM REAL ESTATE.CA

New Price

250.309.0039 chris@chrisholm.ca Vernon

Vernon

MLS 10162316

$679,000

10

Buying or Selling,

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

With over experience

Your Ad Here

selling real estate in Vernon, I can help.

250.545.8858

Feel free to contact me and we can talk.

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

Vernon Real Estate Pages

Vernon

1977

Don Cowan

www.YourRealEstatePages.com

For more information please visit www.remax.com

@REPVernon

Expanding Over Thousands of Miles The first regional master franchises are sold in the U.S., several of them in the Midwest. In Calgary, Don Fernie purchases the first Canadian franchise.

Vernon

YOURREALESTATEPAGES.COM | 11

Deb

Judy

REALTOR®

REALTOR®

Deveau

Fischer

Your Key to the North Okanagan t

rfron

us geo Gor iews V

Rive

$409,500

ter/ Starement Retir

$675,000

Call The Key Team at RE/MAX North Valley - MLS10164197

Lundquist*

$290,000

North Valley

*Personal Real Estate Corporation

! ews

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Gre

$299,000 #15-303 Regent Avenue, Enderby Call The Key Team at RE/MAX North Valley - MLS10148790

e Pricced u Red

712 Hubert Avenue, Enderby Call The Key Team at RE/MAX North Valley - MLS10162089

REALTOR®

908 George St. Enderby, BC

w Belo Value ssed Asse

19 Eastside Road, Grindrod Call The Key Team at RE/MAX North Valley - MLS10164111

159 Twin Lakes Road, Enderby

Bonita

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

$625,000 394 Old Sicamous Road, Grindrod

$289,000 805 Regent Avenue, Enderby Call The Key Team at RE/MAX North Valley- MLS10158322

Shop 100' x 32' w/6 storage bays,3 o/head doors. 52' x 32' barn w loft, 2018 new floors in 8 box stalls. 26 acres of level land with seasonal creek, 3 wells 1 being used.

Call Bonita Lundquist 250-306-8184.- MLS 10164214

The sign you want The Agent you need.

TheRightAgents @RightAgents TheRightAgents.com

BCREA HOUSING FORECAST UPDATE BCREA HOUSING FORECAST UPDATE

February 20172017 February

12

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

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 10,028 585,745 599,000 599,000 608,000 608,000 Victoria BCREA 2018 Third Quarter Housing Forecast Update2.3% Victoria 27.5% -7.8% -8.1% 12.3% 1.5% 27.5% -7.8% -8.1% 12.3% 2.3% 1.5% For immediate release 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 Vancouver, BC – Island August 20, 2018. The British Real Estate (BCREA) its 2018 Third For immediate release 26.6% -10.7% -6.9%Association 12.8% 3.3% 3.3% 1.5% 26.6%Columbia -10.7% -6.9% 12.8% released 1.5% Quarter Housing Forecast Update today.

417 417 390 390 345 345 $284,471 $288,000 $291,000 $284,471 $288,000 $291,000 Powell RiverRiver Sunshine CoastCoast Powell Sunshine BCREA 2018 Forecast Update1.2% 1.2% 9.4%Third -6.5%-6.5%Housing -11.5% 15.3%15.3% 1% 1% 9.4% Quarter -11.5% Multiple Listing Service® (MLS®) residential sales in the province are forecast to decline 21 per cent to 82,000 units 40,880 34,000 35,750 942,000 963,000 40,880 34,000 35,750 1,017,228 1,017,228 942,000 963,000 Greater Vancouver Greater Vancouver ®5.1% -5.2% -16.8% 12.7% -7.4% 2.2% this year, after 103,768 sales in 2017.

MLS residential sales(BCREA) are forecast to-7.4% increase per cent -5.2% -16.8% 5.1% 12.7% 2.2% Vancouver, BC recording – August 20, 2018.residential The British Columbia Real Estate Association released its 20188Third ® 23,086 19,700 18,900 $676,946 $657,000 $668,000 23,086 19,700 18,900 $676,946 $657,000 $668,000 to 88,700 units in 2019.

The 10-year average for MLS residential sales in the province is 84,800 units.

Quarter Housing Forecast Update today.

Vancouver, BC – August 13, 2018. The British Columbia Real Estate Association (BCREA) reports FraserFraser ValleyValley 15.1%15.1% -14.7% -4.1%-4.1% 17.2%17.2% -2.9%-2.9% 1.7% 1.7% -14.7% that a total of 7,055 residential unit4,306 sales were recorded by the Multiple Listing Service® (MLS®) 4,306 3,400 3,100 $397,911 $416,000 $428,000 ® 3,400 3,100 to decline $397,911 $416,000 ® (MLS “The BCChilliwack housing market is grappling with asales sharp in Multiple Listing ) residential indecline the province are forecast 21 per cent to 82,000$428,000 units Chilliwack and Service District and District across thecaused province in July, 23.9 perrules cent-21% decrease the same month last year. The2.9% 2.9% 37.2% 18.4% 4.5% 37.2% -21%MLSfrom ®-8.8%-8.8% affordability by tough B20 aresidential stress test this year, after recording 103,768 sales for in 2017. residential sales 18.4% are forecast to4.5% increase 8 per cent 3,181 2,870 2,7002,700 355,000 362,000 3,181 2,870 down 345,528 362,000 MLS® residential priceaverage in Muir, BC was $695,990, per345,528 cent from July355,000 2017. ®Chief conventional mortgages,” said Cameron BCREA Kamloops and District residential sales0.4 in the province is 84,800 units. Total to average 88,700 units in 2019.

The 10-year for MLS Kamloops and District 23.6%23.6% -9.8%-9.8% -5.9%-5.9% 5.9% 5.9% 2.7% 2.7% 2% 2% sales dollar volume was $4.9 a 24.2effect per cent decline from July 2017.

Economist.

“While these rules have billion, had a negative 10,036 8,4008,400 8,6008,600 $461,791 10,036 $461,791 $468,000 $468,000 $476,000 $476,000 Okanagan Mainline Mainline on housing demand across the country, the impactdecline has in “The BCOkanagan housing market is grappling with a sharp 25.6% -16.3% 2.4% 2.4% 13.1%13.1% 1.3% 1.3% 1.7% 1.7% 25.6% -16.3% been especially severe in BC’s B20 largestress urban centres affordability caused bymarket tough test rules because for “The BC housing 2,459 2,0502,050 1,9751,975 $364,295 2,459 $364,295 $351,000 $351,000 $356,000 $356,000 SouthSouth Okanagan* Okanagan* of already strained housing affordability.” conventional mortgages,” said Cameron Muir, BCREA Chief 21.6%21.6% -16.6% -3.7%-3.7% 11.3%11.3% -3.6%-3.6% 1.4% 1.4% -16.6% continues to grapple with Economist. “While these rules have had effect 260a negative 285 285 325 325 $233,363 260 $233,363 $243,000 $243,000 $248,000 $248,000 the sharp decline in Northern LightsLights Northern -16.7% 9.6% 14% 14% -13.4% 4.1% 4.1% 2.1% 2.1% In spite of the policy-driven downturn in housing demand, on housing demand across the country, the impact has 9.6% -16.7% -13.4% affordability caused by large 2,9552,955 2,5002,500 2,5752,575 $282,758 strong fundamentals continue to underpin the market. been especially severe in BC’s urban centres because $282,758 $286,000 $286,000 $291,000 $291,000 Kootenay Kootenay tough new mortgage 18.2% -15.4% 3% 2.7% 1.1% 1.7% 1.7% 18.2% the -15.4% 3% 2.7% 1.1% Demographics are highly favourable, especially of already strained housing affordability.”

4,0694,069 4,2504,250 $263,703 $263,703 $265,000 $265,000 $269,000 $269,000 qualification rules,” millennial generation whosaid are now entering their 4,1004,100 BC Northern BC Northern -3.4%-3.4% 0.8% 0.8% 3.7% 3.7% -0.4%-0.4% 0.5% 0.5% 1.5% 1.5% household-forming years.

Indownturn addition, low unemployment In Cameron spite of theMuir, policy-driven in housing demand, BCREA 112,209 96,345 95,770 112,209 95,770 691,144 691,144 657,026 657,026 666,657 666,657 is leading to significant upwardto pressure onthe wages and,96,345 by strong continue underpin market.

BC Total BC Total Chieffundamentals Economist.

9.5% 9.5% -14.1% -0.6%-0.6% 8.6% 8.6% -4.9%-4.9% 1.5% 1.5% -14.1%

Housing Market Reacts to Mortgage Stress Test

Housing Market Reacts to Mortgage Stress Test Summer Home Sales Slow to a Simmer

extension, household wealth and confidence.

Demographics are highly favourable, especially the “However, less NOTE: The Northern Lights frenetic Real Estate Board (NLREB) became part ofpart the South Real Estate Board (SOREB) on January 1, 2011.1, 2011.

NOTE: The Northern Lights Real Estate Board (NLREB) became of the Okanagan South Okanagan Real Estate Board (SOREB) on January millennial generation who are now entering their *Excluding Northern Lights *Excluding Northern Lights housing demand has The pullback in BC home is helping alleviate a chronic shortage of supply. After trending at decade lows, active household-forming years.sales In addition, low unemployment created more balanced listings in the province were up nearly 20 per cent in July.

Theoncombination ofaffecting slower housing demand andmarkets. an markets. is BCREA leading to significant upward pressure on wages and, by Economics provides timelytimely research, analysis and information on economic factorsfactors affecting BritishBritish Columbia and itsand housing BCREA Economics provides research, analysis and information economic Columbia its housing market conditions inofmany increase in household the inventory homes for sale has trended most markets toward balanced conditions. This means extension, wealth and confidence. regions, leading to fewer more selection forColumbia home buyers, fewer multiple situations and less upward pressure on home prices.

The British Columbia Real Estate Association (BCREA) is offer the is the The British Real Estate Association (BCREA) Send questions and comments aboutabout the Housing Forecast to: to: Send questions and comments the Housing Forecast ®a chronic The pullback in BC home sales is helping alleviate ® multiple offers and more in BC, professional association for more than 20,000 REALTORS professional association for more than 20,000 REALTORS in BC,shortage of supply. After trending at decade lows, active Cameron Muir, Economist, Cameron Muir, Chief housing Economist,demand and an – 30 – combination listings infocusing the province were upimpact nearly 20estate. perestate. cent in July.

The ofChief slower focusing on provincial issues that real Working with on provincial issues that impact real Working with choice for consumers.” cmuir@bcrea.bc.ca; 604.742.2780 cmuir@bcrea.bc.ca; 604.742.2780 increase in the inventory homes forBCREA sale provides hascontinuing trended most markets toward balanced conditions. This means the province’s 11 real11estate boards, BCREA provides the province’s real of estate boards, continuing Brendon Ogmundson, Economist, Brendon Ogmundson, Economist, To view the full BCREA Housing Forecast, click here. professional education, advocacy, economic research and more selection for home buyers, fewer multiple offer situations and less upward pressure on home prices. professional education, advocacy, economic research and

Year-to-date, BC residential sales dollar volume was down 18.9 per cent to604.742.2796 $37 billion, bogmundson@bcrea.bc.ca; bogmundson@bcrea.bc.ca; 604.742.2796 provide value value for their standard formsforms to help provide for clients. their clients. standard toREALTORS help REALTORS with theplease samecontact: period in 2017. Residential sales decreased 20.6 per cent to Forcompared more information, – 30 – unit Additional economics information is available on on Additional economics information is available To demonstrate the profession’s commitment to improving Quality To demonstrate the profession’s commitment to improving Quality 50,926 units, while the average MLS® residential price was up 2.1website per cent to $725,639.

Cameron Muir BCREA’s website at: www.bcrea.bc.ca.

BCREA’s at: www.bcrea.bc.ca. ®

®

of Life in BC communities, BCREA supports policies that help

of Life in BC communities, BCREA supports policies that help Chief Economist To view the full BCREA Housing Forecast, click here. ensure economic vitality, provide housing opportunities, preserve 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: 604.742.2780 the environment, protect property owners and build better www.bcrea.bc.ca/news-and-publications/publications/ the environment, protect property owners and build better www.bcrea.bc.ca/news-and-publications/publications/ Mobile: 778.229.1884 For more information, pleaseand contact: manage-subscriptions. communities with good safe manage-subscriptions. communities with schools good schools andneighbourhoods. safe neighbourhoods. -30Email: cmuir@bcrea.bc.ca Cameron Muir Chief Economist For more information, please contact: Direct: 604.742.2780 Cameron Muir Mobile: 778.229.1884 Housing isGeorgia published quarterly by the British Columbia Real Estate Real estate real estate and REALTORS may reprint this content, Housing 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, 1420 –Forecast 701Forecast Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 provided that credit is given BCREA by including the following statement: “Copyright British British Columbia Real Estate Association.

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

Reprinted with permission.”

Chiefprovided Economist Email: cmuir@bcrea.bc.ca President James Palanio | President-Elect Michael Trites | bcrea@bcrea.bc.ca | 604.683.7702 (tel) ®

®

2 Direct: 604.742.2780 Past President Jim Stewart | CEO Darlene Hyde | 604.683.8601 (fax) | www.bcrea.bc.ca 1420Russell - 1420 701 Georgia Street Street West, PO BoxPO 10123, PacificPacific Centre,Centre, Vancouver, BC V7YBC 1C6 604.683.7702 | Fax:| 604.683.8601 | Email: bcrea@bcrea.bc.ca - 701 Georgia West, Box 10123, Vancouver, V7Y |1C6Phone: | Phone: 604.683.7702 Fax: 604.683.8601 | Email: bcrea@bcrea.bc.ca Mobile: 778.229.1884 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

Email: cmuir@bcrea.bc.ca 1420 – 701 Georgia Street W, PO Box 10123, Pacific Centre, Vancouver, BC V7Y 1C6 President James Palanio | Past President Jim Stewart | Russell

President-Elect Michael Trites CEO Darlene Hyde

| |

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

| |

604.683.7702 (tel) 604.683.8601 (fax)

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

| |

President-Elect Michael Trites CEO Darlene K. Hyde

| |

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

| |

Vernon

*Personal Real Estate Corporation

604.683.7702 (tel) 604.683.8601 (fax)

Steve Wikkerink REALTOR®

We are NEVER too busy for your referrals

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 Sept 8 - 9, Sat. & Sun. 11am – 2pm

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.

Lots Starting at $44,500

67 Shuswap River Road

Vernon

78 Peregrine Way

#101 4205 27 Street

Excellent value in this lake view lot.

Ideal Lot for a grade level entry home.

No time limit to build; services available. NO GST. $119,900 MLS®10155434

Open design, 2 bdrm, 2 bath unit in the MARA. A well kept newer building close to all amenities. Convenient ground floor unit includes 5 appliances, underground heated parking & storage locker. Convenient location! $285,000 MLS®10159183

6305 Apple Lane Rd

6325 Old kamloops Road

New Price

New Price

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.

$829,500 MLS®: 10150536

7.99 acre in the ALR – CR Zoning.

A variety of nut, cherry & apple trees.

A prime location in the North BX, great views with a 2 story custom built home & oversized workshop with 3Ph.

12.86 acres, gently rolling, cultivated, irrigated. 3680 sqf of quality living with high end finishing throughout. 4 car covered parking, detached insulated, heated shop, engineered pole barn. Private setting, not a drive by, incredible view, enjoy the 120 acres of Swan Lake Nature Reserve Park just 2 driveways over.

$1,425,000 MLS®:10159057 (res) MLS®:10159065 (farm) $1,545,000 MLS®:10156132

For ALL listings visit www.heidilussi.com

Okanagan Landing

Adventure Bay

Predator Ridge

#21 9845 Eastside Road

8980 Bayswater Place

742 Brassey Crescent

South Bay Villa at the Outback!

Located in a quiet area of the complex and tucked away from the hustle with amazing Southern Okanagan lake views! Steps to waterfront pool and beach plus a private buoy for your boat or access to rent a slip at the new marina! Not in the rental pool and NO GST!

Excellent Value!

This ultimate location in Adventure Bay provides a never-ending 180 degree view of Okanagan Lake and full sunshine all day! Quiet cul-de-sac location with miles of hiking trails at your door!

Access to neighbourhood waterfront park and just minutes away from The Rise Golf Course!

Live a Luxury Resort Lifestyle at Predator Ridge!

Enjoy your own rare, expanded outdoor living and entertainment area with private salt water pool and hot tub! Golf course and countryside views from this executive level entry rancher.

Walkout lower level leads to the pool and hot tub, complete with outdoor shower!

$749,000

$988,000

$1,200,000

mls 10155137

mls 10156471

mls 10154447

Bella Vista

Okanagan Landing

Okanagan Landing

8190 Tronson Road

#12 9750 Delcliffe Road

9269 Eastside Road

First Time Offered!

105' of lakeshore with dock and boat lift plus a level grass area at the water's edge for family entertainment! Extended family or guests will love the separate lakeside beach cottage complete with kitchen and bath - they'll never want to leave! Fantastic lake views from all 3 levels!

Welcome to Cameron Point!

Exclusive, ultra-private, safe gated neighbourhood!

Just steps to your registered dock with boat lift, situated in the calm North Bay. This custom built multi-level home was architecturally designed to take advantage of the almost 360 degree lake view from all 34 windows.

2+ Acres with Waterfront!

500+ ft of private lakeshore ready to enjoy with a wharf, beachfront deck, boat lift and boathouse! The timeless, contemporary home is drenched in natural light with tall ceilings and floor to ceiling windows. Home situated to maximizes the 180 degree lake views.

$1,588,000

$1,650,000

$1,950,000

mls 10157717

mls 10163205

mls 10159467

Looking for Lakefront or Resort Lifestyle?

View one of the wonderful properties above!

Priscilla

OkanaganHomes.com | 250.549.7050

Okanagan Landing

Foothills

Armstrong

#72 7760 Okanagan Landing Road

501 Whitecourt Place

4325 Culling Road

Family Home in Popular Seasons Development!

Short walk to the beach at Paddlewheel Park and the Yacht Club or 5 minute drive to town!

Maintenance-free landscaping and private fully fenced backyard with patio, gazebo and grass area for children and pets! 3 bedrooms on the main level and access to the backyard patio.

Large Pool-Size Backyard In Foothills!

Spacious craftsman style home on a large pool-size lot in Foothills! Landscaped corner lot on a quiet cul-de-sac road with walking trail access. Beautiful lake and valley views from this 2 level home with unique main level entry from the side yard.

Privacy on 159 Acres!

No thru road in Cedar Hill area of Falkland!

Approx 60 acres are gently rolling & cleared w/creek & 2 ponds. Huge pole barn & workshop.

400amp service, 3 wells plus water rights.

Well-kept 2 bedroom home w/studio/shop.

$639,000

$699,000

$729,000

mls 10158035

mls 10167370

mls 10167471

Coldstream

Bella Vista

North BX

8308 Stoneridge Drive

3808 Ridgemount Court

3648 East Vernon Road

Priced to Sell In Coldstream!

Well maintained 5Bed, 3Bath home with Kal Lake and Monashee Mountian views is priced to sell!

Just minutes from Kal Beach and the head of the Rail Trail! Multi-level decks with built-in BBQ and hot tub for the perfect outdoor living space.

Welcome to Turtle Mountain Estates!

Endless views & the Grey Canal walking trail & Rocky Ridge Park out your backdoor! Generous beautifully landscaped, yet easy care yard! Gated court yard entrance welcomes you to this high quality, level entry home with walk-out lower level.

Relax on the covered deck and enjoy the views!

The Perfect Small Hobby Farm!

$749,000

$829,000

$1,078,000

mls 10162167

mls 10162825

Rodney Shanks

Heather Paulsen

Alan Stier

Craig Demetrick

REALTOR®

REALTOR®

REALTOR®

REALTOR®

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

3.6 Acres with a gentle roll & panoramic valley views!

Level entry home with full basement ready for busy family. Paddocks, shelter and pasture ready for your horse! Irrigation available. Excellent 48’ x 60’ barn, equipment and hay storage, tack room and loafing area! Deluxe 38’ x 26’ fully finished and heated shop.

mls 10167580

Barb Williamson* Priscilla Sookarow REALTOR®/Managing Broker

Owner/REALTOR®

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

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

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

www.TheRightAgents.com