Call 250-682-0158 Login or Sign Up

Posts Tagged ‘improvements’

KAMLOOPS REAL ESTATE STATISTICS/FORECAST

Thursday, July 10th, 2014

After increasing 13 per cent to 2,370 units last year, MLS®residential sales in the Kamloops area are forecast to
remain relatively unchanged this year. Tepid economic and employment growth in 2013 is expected to limit
consumer demand over the first half of the year. In addition, poor weather conditions in the region also
impacted home sales over the first quarter, with total sales down 8 per cent compared to the previous year.
However, more robust growth in the global economy both this year and particularly in 2015 is expected to bolster
demand for BC exports and push up employment levels.In addition, after nearly two years of weak consumer
spending activity, retail sales now appear to be returning to a more typical growth pattern, a signal that rising
demand for big ticket items may be on the horizon. Next year, MLS® residential sales are forecast to increase
5.5 per cent to 2,480 units.Despite slower sales activity during the first quarter,
the inventory of homes for sale has steadily declined over the past year, and was down nearly 10 per cent during
the first quarter. Market conditions are now trending into balanced territory, where home prices typically exhibit
stability. The average MLS® residential price is forecast to edge up 0.5 per cent to $314,000 this year, and a further 1.1 per cent to $317,300 in 2015.New home construction in the Kamloops CA remained
relatively unchanged in 2013, with a total of 479 housing starts recorded. However, multiple starts climbed 31 per cent,while single-detached starts declined 23 per cent. A stronger provincial economy and improving consumer demand in the local housing market are forecast to push housing starts about 6 per cent higher in each of the next two years, with single detached starts gaining traction in the market.
MLS® Sales Avg Price Housing Starts
Total Detached Attached Apartment Total Detached Attached Apartment Total Single Multiple
2013 2,370 1,617 291 227 312,460 356,369 273,190 191,715 479 219 260
13% 9.9% 2.5% 28.2% -0.1% 1.1% -0.3% 0.5% -0.4% 22.6% 31.3%
2014 2,350 1,630 300 200 314,000 355,000 275,000 196,000 510 240 270
-0.8% 0.8% 3.1% -11.9% 0.5% -0.4% 0.7% 2.2% 6.5% 9.6% 3.8%
2015 2,480 1,700 325 225 317,300 359,000 278,100 197,500 540 260 280
5.5% 4.3% 8.3% 12.5% 1.1% 1.1% 1.1% 0.8% 5.9% 8.3% 3.7%
Kamloops CA Sources: CMHC, BCREA Forecast

Easy ways to make your home more attractive to potential buyers. Kamloops

Monday, July 7th, 2014

Getting ready to sell? Move your property fast – and for the highest selling price possible – with these easy, affordable staging tricks. These deal-sealing changes will make your home attractive to the largest pool of potential buyers, and the best part is, you can start at any stage in the game. Who knows – you may love your home’s new look so much that you decide not to list after all!

1 Paint!

Dollar for dollar, a fresh coat of paint gives you more bang for your decorating buck than anything else. Even if your current palette is relatively new, any scuffs or wear marks will channel an unkempt vibe. And an unusual colour choice – even if the height of fashion – may limit your home’s appeal. So break out that roller and slap on a couple coats of crowd-pleasing warm white or sand paint.

2 Improve the lighting
Replace any dated light fixtures ASAP. How can you tell if it has to go? If it’s over 15 years old and looks it – yet isn’t a vintage (50-75 years old) or antique piece (older) – it should probably go. “Retro” is not something most homebuyers are looking for. You don’t need to break the bank, just head to IKEA or Canadian Tire.

3 De-clutter
Take the collectibles off the mantel, put the mismatched armchair into storage (or better yet, donate it) and pare your closets down to what you’re actually wearing this season, packing away the rest. Ideally, all this extra stuff would head to charity (if in good, saleable condition), the garbage dump, or into storage. The more you store onsite, the more cluttered and small your home appears.

4 Give dated bathrooms a facelift
A nice bath helps sell a house but, don’t invest in a total renovation. Renos are costly, and you won’t recoup your costs unless you find your exact décor doppelganger. Bring an out-of-date bath up to speed with gleaming white walls whether via a fresh coat of white bath and kitchen paint or ceramic tile and new lighting (Home Depot excels at affordable, stylish bathroom vanity lighting). Buy neutral new shower curtains, a simple new bath mat and vanity set, and have fresh flowers in the room during open houses.

5 Take down curtains
Dated window treatments need to come down, pronto (if it’s over 10 years old, get rid of it). If privacy isn’t an issue, just leave the windows bare to maximize natural light and make the room’s dimensions seem more generous. Otherwise, buy basic-issue cotton or linen drapes. Always tie drapes back during viewings and open houses.

6 Put up mirrors
Make small rooms appear bigger and dark rooms seem brighter by adding an attractive wall mirror. A boxlike dining room will benefit from a leaning floor mirror  and an entrance way more welcoming with a console mirror.

7 Update porch hardware
Increase your home’s curb appeal by updating the hardware on your front porch. Buy a doorknocker or bell, mailbox, kick plate, doorknob and lockset in a set or in complementary styles. Brushed nickel is a neutral finish that will never date, while oil-rubbed bronze is another favourite.

8 And the porch light
Update your porch light to coordinate with the new hardware, if needed. They don’t have to be an exact match or even come from the same period, but the finishes and styles should look pleasing together.

9 Spiff up the front yard
Refresh your front yard according to the season. In spring, summer and fall, trim back dead plants and foliage and plant attractive annuals or perennials in flowerbeds. In winter, keep the walkway shoveled and cut back any tree or shrub branches damaged by heavy snowfall. A pair of planters flanking the front door and filled with seasonal arrangements instantly conveys pride of ownership.

10 Tend the backyard

Simple fix-its will make the most of your existing yard layout. Replace any damaged boards on your deck or fence, and apply a fresh coat of paint, or stain and sealant if the finish needs it. Weed and groom your garden and add some perennials for colour when in-season. If kids’ toys are taking over the space, put some in storage. Think “tidy,” “update” and “refresh”: never do anything costly or major like adding a swimming pool or pond, which may put off potential buyers.

Linda Klein Kamloops,Home improvements windows and doors

Wednesday, July 2nd, 2014
Home Improvement – Windows & Doors
 Linda Klein of Royal LePage Westwin Realty- Kamloops
800 SEYMOUR Kamloops, BC, V2C2H5
Powered by Imprev 

Kamloops, Juniper Family home with detached shop just listed

Monday, June 23rd, 2014

Well maintained 2 storey 5 bedroom home in desirable Juniper has something for everyone, 0.33 acres backing onto green space, fully fenced flat backyard with garden shed, 4 bedrooms on 1 level, master with 4 piece ensuite and walk in closet, main floor has laundry off spacious kitchen, eating area with double doors to sun deck, brazilian cherry hardwood in living room and dining room, basement has rec room and den with built in entertainment center, bedroom, 4 piece bath and storage. 2 car garage and detached 24×26 detached shop with heat and air plus room for RV, boat, all your toys, 1 block to one of the best elementary schools, all this plus 2 year old hot tub, 4 year old high eff furnace, 6 month old roof and gutters, 50 gal hot water tank, 200 amp electrical, u/g irrigation, 4 bathrooms. This great home is not to be missed. All measurements approximate.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Kamloops Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
MLS® MLS REALTOR® Realtor