February 2012 - Posts
#4 - 3415 Chancellor Place - Lakeview Heights, West Kelowna - Stunning Lake & Vineyard views from this custom built San Marc Home loaded with unique angles designed to maximize the views from nearly every room.
Over 4,500 sq.ft., 5 Bdrms, 3 Bths.
Main floor master bedroom has sitting room, plus patio access perfect to enjoy your morning coffee.
The functional Carolyn Walsh designed kitchen has maple cabinets, lots of storage for your collectibles, newer stainless steel appliances, plus a cozy great room with gas fireplace.
The large lower level has workshop under the garage (suspended slab), games rooms, 3 large bedrooms, plus lots of extra storage.
There is even space to bring your RV or boat!
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White Picket Fence Included ! • 810 sq. ft., 1 bath, 2 bdrm single story - MLS® $389,000 - Character home near town Kelowna South, Kelowna - White Picket Fence Included! Charming little Dollhouse tucked down a private lane. 2 Bedrooms, 1 Bath.
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In its 2012 Budget announced yesterday, the Provincial Government announced a temporary one-time refundable personal income tax credit worth up to $10,000 for First Time Home Buyers!
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Finally! The Province announced the HST Transition rules today as the Province transitions back to the PST/ GST system on April 1, 2013. Used Residential Homes (resales) are, of course, and remain, exempt from HST.
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The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC dipped 7.6 per cent to $2.1 billion in January compared to the same month last year. A total of 3,976 homes traded hands on the MLS® over the same period, down 3.9 per cent. The average MLS® residential price was 3.8 per cent lower at $527,219 compared to January 2011.
"Increased market activity outside the Lower Mainland in January was offset by fewer sales in Vancouver and the Fraser Valley,” said Cameron Muir, BCREA Chief Economist. MLS® Residential sales rose 7 per cent to 1,620 units outside the Lower Mainland, while declining 10 per cent to 2,356 units in Vancouver and the Fraser Valley.
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Just Listed & First Time on Open House - Saturday Feb. 18th 1-3pm ~ 2508 Shannon View Drive ~ $409,500
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Smith Creek, Westbank - Brand New Designer Lakeview Home loaded with details.
3 Bdrms, 3.5 Bths, 2,783 sq.ft., fully finished on all 3 levels.
Custom wood timber beams, hardwood floors, deluxe kitchen including 4-S/S appliances, gas stove, island bar sink.
Large Master Bedroom with walk-in closet, tray ceiling with accent lighting, and 5-piece "spa-like" ensuite w/custom tiled/jetted rainhead shower, soaker tub, heated floors & privacy toilet.
Fully finished basement. Oversized Triple car garage w/extra built-in cabinetry.
Fully landscaped with u/g irrigation & central air.
Another quality home by Licensed Builder, Jeff Houghton of H&H Homes, and all located on quiet cul-de-sac on gorgeous lakeview lot only minutes to Downtown West Kelowna.
Price is $644,630 Incl. Net HST
For more details on Kelowna Real Estate call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com
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JANUARY 2012 - KELOWNA REAL ESTATE MARKET UPDATE
Well it looks like December 2011 ended like a lion; while January 2012 came in like a bit of a lamb. January sales in Kelowna were still strong, just didn't have the roar that December did.
SINGLE FAMILY HOMES - January 2012 we sold 102 SFD which was up a slight +3% compared to 2011. The average price dropped -5% to $415,358 and the median price dropped a slight -1.6% to $403,600 compared to last year. The highest number of listings still remains homes in the $600-$999K range, however this price range is also the least amount of sales. Homes priced in the $320-$439K range remain the best sellers.
CONDOS - Last month we sold 40 condos which was up 8% from last January 2011. The average and median prices were nearly the same as a year ago at $267,945 average (+1.6%) and $233,000 (-1.89%).
TOWNHOUSES - January only saw 25 townhouse sales which was down -22% from last year. In comparing the one month we saw average prices of $380,372 (+19.32%) and median prices of $351,000 (+11%).
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Upper Mission, Kelowna - Announcing a price reduction on 794 Breeze Place, a 3,015 sq. ft., 4 bath, 4 bdrm 1 1/2 story "Fully Finished on 3 Floors". Now MLS® $617,000 - Perfect Family Home!. Property information
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Just Listed - 669 Drummond Court, Upper Mission, Kelowna, BC.
A sparkling gem located in the lower part of Kelowna's Upper Mission on a quiet cul-de-sac!
3 Bdrms, 3 Bths West Coast Contemporary style loaded with reno's and updates. Newer flooring (laminate & carpet), updated kitchen & bathrooms, new interior paint, plus some new windows. Master bedroom has deck access to backyard (great sunny morning spot), a large walk-in closet and new tiled shower.
Large garage with ample extra parking for boat or RV, and lots of storage.
A great family home in a well-established Mission neighborhood!
For more information on Kelowna Real Estate, please call Jaime Briggs, Coldwell Banker Horizon Realty at 250-860-7500 or go to www.BriggsOnHomes.com
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