Friday, 24 November 2017

Find out Your Home Value!!

Curious what your Kelowna or West Kelowna home is worth check out this new pilot project that RE/MAX Kelowna is trying out. Click on the link below and type in your address or any address you are curious to find out the approximate value. #REvaluation…/steve-higgins-106786-…/home-estimates

Friday, 19 May 2017

Great Home, Great Price!!

Freshly painted 1407 sq ft home in the desirable Sunrise Village, age 45+ community, Kelowna South close to amenities, new hot water tank, Clubhouse includes; (pool, hot tub, exercise room, billiards/shuffle board, social kitchen & hall). Small Pet welcome, RV parking, Monthly pad rent $452 includes; (lot, water, sewer, garbage, property land tax, snow removal, Clubhouse, Pool), No Property Transfer Tax on purchase. Measurements are approximate, verify if important. Please call or text Steve Higgins RE/MAX Kelowna 250.864.7893

Wednesday, 26 April 2017

Live the Dream at Gallaghers!!

Live the Dream! Golf Resort Lifestyle - Wonderful townhome backing onto 12th hole. Quality built, 3 bedroom with many upgrades. Stainless steel appliances, R/O Water, Unique Huge stand-up Crawl Space. Large Front Courtyard. Patio & Deck. There is a Pool, Gym, Art Studio, Woodworking workshop, library, auditorium, restaurant not to mention World Class Championship Golf Course or play the 9 hole Pinnacle! So much to offer. Please call or text Steve Higgins RE/MAX Kelowna 250.864.7893

Spectacular Park Views from this beautiful Townhouse that is in a Gated Community beside the Shannon Lake Golf Course. This townhouse has heated updated flooring, 2 bedroom and 2 bathrooms comes with a single car garage. Your heat and water are included. Incredible value. Nothing to do but just move in and enjoy. Please call or text Steve Higgins RE/MAX Kelowna 250.864.7893

New Listing in Peachland $529,000.00

Bring your Toys to this Wonderful Family home with lots of Privacy. Huge .59 acre lot with room for RV, Boat and more. This home has 4 bedrooms, 3 baths and a great workshop. Osmosis water system. Valor Gas Fireplace. Very beautiful cottage like setting and Great Value. Please call or text Steve Higgins RE/MAX Kelowna 250.864.7893

Tuesday, 11 April 2017

How's the Market you Ask!

For most people in Kelowna, West Kelowna, and Lake Country, the first true sign of Spring is not the first robin we see but the street sweepers and they are at least 3 weeks behind! Now hopefully the rain has stopped we can wash our cars and they will stay clean for a few days. Seeing a bit more sunshine doesn’t hurt as well. It feels like we are finally exiting a longer than normal, winter hibernation. We’re all glad to be looking forward to our usual sunny warm days ahead.

Speaking of things to look forward to, the market continues to be active however, it is shifting in interesting ways. Check out the numbers below and note that sales are a virtual dead heat from last year; prices are up, and days to sell are down. Also, for prices under $560,000 sales are down noticeably but sales over this $560,000 mark are up 43% and over the $1M price, up 22% from March of 2016 to make up for the drop elsewhere.

If you are presently selling or trying to buy, these numbers come as no surprise. This is a Seller’s market and has been for some time. The nice thing about this time of year is that more listings come onto the market every day.

Here are some numbers for March 2017:

                                                         2016                2017
March Solds                                       635                 637
YTD Sold                                        1,317              1,313
Res. Prices-Mar. Avg                $566,762        $640,513   Up 13%
Res. Prices-Mar. Median           $518,000        $598,500   Up 15.5%
New Listings-Mar.                           1,130             1,069
Days to Sell                                          57                  45

Average Prices for Mar. 2017

Homes                         $640,513
Townhomes                $453,619
Condos                        $349,506
Lots                             $275,470

Saturday, 1 April 2017

Lake View, Vineyard and a Private Beach now that's a Location!!

This immaculate 5 bedroom/4bath 4108 sq. ft. home has just been listed for $898,900 and shouldn't last long. Open concept home with luxurious hardwood floors, a designer kitchen/large panty, with soaring vaulted ceilings. The wine room is incredible! There is also 2 bed suite with separate entrance. R/V parking and hookups. Access to Sunnyside Private beach & boat launch! Borders 18 acres of vineyard. Walking distance to Quails Gate Winery and the private beach. Call or text Steve Higgins RE/MAX Kelowna to view 250-864-7893

Saturday, 4 February 2017

New Listing in Rose Valley $699,000.00

Beautiful Mint Condition Walkout Rancher on a quiet Cul-de-sac, perfect for a young family. 3 Bedrooms Up and 2 down. Open concept floor plan with large Recreation down as well as a media or a fitness room. Gas fireplace, beautiful ensuite off of large master. Hardwood floors, stainless steel appliances. Fenced yard. Walking distance to West Kelowna's newest elementary school. Call or text Steve Higgins RE/MAX Kelowna 250-864-7893 to view.

Friday, 30 December 2016

New Listing in Shannon Lake!

Excellent Family Home in Shannon Lake. Huge 4 bedroom home with 2 full floors of finished space and a full unfinished basement wired for in-law suite ready to be completed. Maple kitchen with island, hardwood floors. Over 4,000 square feet when completed. Ready for home business. Great potential. Call or text Steve Higgins RE/MAX Kelowna 250-864-7893  for showings.

Wednesday, 14 December 2016

New Listing in Glenmore......don't wait on this one!

PERFECT FAMILY HOME is waiting for you ! Centrally located within walking distance to top-notch elementary and middle schools, this 4 bedroom plus den, 4 bath home has everything you were looking for. Completely updated throughout, there is nothing to do but move in and enjoy the space. This home won't last in the much desired North Glenmore neighborhood, so act quickly before its gone. Please call or text Steve Higgins 250.864.7893

Thursday, 24 November 2016

New Listing in Black Mountain $775,000.00

This Gorgeous Custom Built Walkout Rancher has amazing lake views. High end finishes throughout including beautiful hardwood floors and 11' ceilings. Stunning master bedroom and 2nd bedroom or office/den on main floor. Heated floors in ensuite, kitchen, pantry and the entire lower level. Walk out basement with 9' ceilings and separate entrance to be easily suited. Beautiful Rec Room with Bar and Wine Cellar. 2 very large bedrooms down. Granite Countertops, Hardwood, Nuvo Sound System throughout the home and 2 decks. Bubble Tub, RO Water Filters, topless glass deck, closet organizers, French doors with Phantom Screen and much much more. You must see this house to appreciate all the extras. Call or text Steve Higgins RE/MAX Kelowna 250-864-7893 to arrange a private showing.

Wednesday, 9 November 2016

October Market Report

The month of October felt like a wet blanket was laid over the entire valley! However, the damp weather didn’t seem to dampen the real estate market. Our market continues to show its typical downward trend as we head into winter, but sales showed a year over year increase of 29.51%.

Here are some of the highlights:

Listing inventories increased slightly. Listings were 699 for the month of October this year compared to 644 for October 2015, an 8.54% year over year increase. 

Sales are still increasing year over year, but the percentages are tightening up as we move into the fall/winter market. Sales were only up 10.67% in October - to 529 in 2016 from 478 sales in 2015.

House prices are up - The price of a single-family home in October 2016 was $613,148 compared to $524,974 in October 2015, an increase of 16.8%.

Houses are selling faster - The average number of days on the market for residential properties has decreased to 50 days in October 2016 from 67 days in October 2015. There continues to be talk in the media about the house prices in Canada and the need to cool down overheated markets although most of the country isn’t experiencing what Toronto is and what Vancouver once was experiencing. On a bright note for Kelowna, the new CHMC Housing Market Outlook just released, shines a very steady light on Kelowna.
The report is reinforcing what we are seeing, that the Kelowna market will continue to see moderate but steady growth for 2017 and 2018.

Here are a couple of highlights from the report: 

A significant increase in multiple-family housing starts along with steady construction of single-detached homes will result in a higher number of total housing starts in 2016 with some moderation in 2017 and 2018.
MLS sales will end the year at a new record level followed by some moderation over the forecast horizon. MLS average prices are expected to increase significantly in 2017, partially as a result of a shift towards more high-end sales, followed by more modest gains through 2018.

Population growth is expected to remain steady while employment is expected to pick up, supporting housing demand. As I feel we live in one of the best cities in Canada, we can expect a continued interest in Kelowna and our real estate market.

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