RomRealty

Tag: Okanagan

  • PEACEFUL & PRIVATE 6 BEDROOM SUMMERLAND HOME!

    PEACEFUL & PRIVATE 6 BEDROOM SUMMERLAND HOME!

    FOR SALE: 6015 JOY AVE, SUMMERLAND, BC$579,900

    PRICE REDUCED!!

    Peaceful and private 6 bedroom, 2 bathroom home in desirable Trout Creek! This home is located at the end of a no-thru street and surrounded by orchards making it very quiet and tranquil. The home features 3 bedrooms upstairs, with a large open-concept living and dining room which opens to a large kitchen, perfect for entertaining. Downstairs you will find a large family room with 3 more bedrooms, laundry room and space to put in a third bathroom. The home has a fireplace on each level and the bathrooms feature heated floors.

    The backyard is beautiful and park-like with a large covered deck, hot tub, chicken coop and plenty of room for a garden or children’s play area! Also included is an enclosed shop below the deck and large shed. There is ample room for parking as well as a 50-amp separate RV service. There is also gas onsite. Are you looking for a mortgage helper? This home is ready for a guest suite to be completed on the lower level! This is a must-see home!

    For more information or to schedule a viewing call Rom Houtstra at (250) 317-6405 or click here!

  • SOLD!! RUTLAND FAMILY HOME FOR SALE!

    SOLD!! RUTLAND FAMILY HOME FOR SALE!

    SOLD: 1085 ELWYN ROAD, KELOWNA, BC

    $569,900

    SOLD!! 

    Family friendly South Rutland home for sale! This 2700 sqft home features 3 bedrooms, 4 bathrooms and a large rec room and bonus room in the basement. On the main level there is a large formal living and dining space. The open-concept kitchen and family room area gives access to the private, fenced-in backyard, perfect for entertaining. The double car garage has ample room for storage and there is also a large driveway with plenty of space for parking. This desirable location is close to shopping, schools, transit and many other amenities. Recent upgrades include a new roof and new washer and dryer. Great neighbours and the quiet, relaxing setting makes this a very desirable home!

    For more information or to schedule a viewing call Rom Houtstra at (250) 317-6405 or click here!

  • SOLD!! PEACEFUL NORTH GLENMORE TOWNHOME

    SOLD!! PEACEFUL NORTH GLENMORE TOWNHOME

    FOR SALE SOLD!!: 16 – 316 WHITMAN ROAD, KELOWNA, BC

    $468,800

    SOLD BY ROMREALTY IN ONLY 12 DAYS!  

    LOVELY NORTH GLENMORE TOWNHOME FOR SALE! This bright, two-story unit features 3 bedrooms, a den, 3 bathrooms and an open concept living space. Window seating and a large patio overlooking the creek make peaceful spots to enjoy your morning coffee or a book. Excellent location with a walking path to schools, shopping, restaurants, parks and more! Also, quick access to UBCO and Lake Country. The complex has a well-managed strata and great neighbours. One dog or one cat permitted. Rentals permitted on a limited basis. This family home will not last long!

    For more information you can view the listing here or call Rom Houtstra with Century 21 at 250-317-6405.

  • Rom’s Kelowna Real Estate Opinion for July 2019

    Rom’s Kelowna Real Estate Opinion for July 2019

    July 2019 Real Estate Report:

    *Click the images to enlarge

    Kelowna Real Estate Opinion for July 2019

    Every month I sort through the real estate market stats and I get the feeling that the information can feel repetitive after a while. The real estate market changes very slowly, especially compared to the stock market. This year, the market is considered “good flat’, albeit still flat. The Central Okanagan is having a good year as far as sales are concerned. Yes, they are down compared to the last three years. However, they really did need to come down. Click the yellow text below for a larger view of the market comparison of July 2018 to July 2019.

    12 Month Comparison JULY 2019 PDF (1)

    We have to try and deduce what the high paid economists are thinking by the changes they make to the lending institutions. There is more evidence that the markets, both local and national, are inching towards a modicum of positive energy. The CMHC has now dropped their qualifying rate for the Stress Test to 5.19%. Interest rates continue to inch down. On September 2, the CMHC is rolling out its first time buyer’s equity plan to allow some exceptions to what they call a “First Time Buyer”. For the first time in months, Toronto and Vancouver are reporting a slight increase in sales and prices of certain property types. Locally, we continue to reap the benefits of the big city prices as they push home buyers into the Okanagan.

    My prediction is that my monthly real estate stats reviews will continue to be “boring” until the end of the year. But, that is just the Real Estate World according to Rom.

  • BEST PRICED 4 BEDROOM HOME IN KETTLE VALLEY!!

    BEST PRICED 4 BEDROOM HOME IN KETTLE VALLEY!!

    FOR SALE: 387 MCCARREN AVE, KELOWNA, BC

    NEW PRICE!! $719,900

    BEAUTIFUL RANCHER WITH WALK OUT BASEMENT FAMILY HOME IN DESIRABLE KETTLE VALLEY! EASILY USED AS AN IN-LAW SUITE OR AS AN EXTENSION OF THE UPSTAIRS LIVING SPACE. This rancher style home boasts 4 bedrooms plus a den, 3 full bathrooms, double size garage and 2 gas fireplaces. The large, open and bright great room features a dining area, spacious family room and kitchen with stainless steel appliances, large island with room to seat 4 and a walk-in pantry. The master suite includes a huge walk-in closet and en-suite with double vanity and separate soaker tub and shower. Downstairs has expansive space with a family room, 2 bedrooms and a full kitchen studio which is great for a home based business or a potential in-law suite.

    Recent upgrades completed this year include new interior paint, new carpets, brand new a/c unit, new exterior paint, new window coverings on the main floor, new backyard fencing, refinished hardwood floors and updated light fixtures. Walking distance to Chute Lake Elementary and amazing Quilchena Park. 3-4 minute drive to [brand new] Canyon Falls Middle School in The Ponds…Bring the family and move right in!

    For more images and information, please visit the Century 21 website here.

  • Rom’s Kelowna Real Estate Opinion for June 2019

    Rom’s Kelowna Real Estate Opinion for June 2019

    June 2019 Real Estate Report:

    *Click the images to enlarge

    Market summary for the first half of 2019

    The market is remaining steady to our predictions of a soft correction for this year.  Even though most of the stats report a decline, the absorption, (which is the stat that illustrates the balance of supply and demand) is still above normal for a balanced market. Usually, a balanced market will have an absorption of 12 to 14%. Central Okanagan is slightly above that. The other factor is that realtors are still reporting heavy competition in offers below $600,000 in the Central Okanagan area. In general, buyers in this price range are still having trouble finding decent, well-priced listings to buy that do not already have offers on them.

    Overall, the market in the Okanagan-Shuswap region are the best they can be. In other words, they are strong yet sustainable. We must be careful not to compare too heavily to markets from years 2007 and 2016. We must look at our present day market as busting. 2007 and 2016 were not normal market years. They were booms. We are now steady and balanced. See below for the first half year comparison from 2018 to 2019 for Central Okanagan. As always, this is just the Real Estate World according to Rom.

    Statistical Comparison of Jan-June 2018 and Jan-June 2019
    Jan-Jun % Change
    Avg. Price $639,792 -5%
    Absorption 14.8% -30%
    Sales 163 -15%
    Inventory 1067 +18%

     

  • Stunning Lake View Home in West Kelowna!

    Stunning Lake View Home in West Kelowna!

    FOR SALE: 3573 RANCH ROAD, WEST KELOWNA

    $849,900

    Stunning walk-out rancher with unobstructed lake views. This 6 bedroom home features oversized doors that lead to large deck that takes advantage of the lake views while offering privacy. Beautiful quartz countertops in kitchen, main bath and ensuite on the main. Lovingly cared for home is like new and has 2 bedroom legal suite that has never been lived in! Tastefully designed with vaulted ceilings and large windows that make this home very bright while capitalizing on views from both levels. Beautiful master ensuite that has roughed in for steam shower. Low maintenance yard. Close to Glenrosa Middle School, Glenrosa Elementary School and only minutes to all the Mega stores/Shopping. Any one would be proud to call this home!!!! PROUDLY MARKETED BY TERI FISHER – CENTURY 21

    For more images and information, visit the Century 21 website here.

     

  • Wine – One more reason to make Kelowna your home!

    Wine – One more reason to make Kelowna your home!

    The Okanagan Valley is one of the top wine destinations in the world!

    With 185 licensed wineries currently, the Okanagan Valley is home to over 80% of all vineyards in BC! And for good reason, too! The climate in the region brings hot summers that extend into fall, beautiful spring days that feel like summer and mild winters. This makes a perfect climate recipe for delicious wine! It’s no wonder that Okanagan wine is consistently ranked among the worlds best at international competitions.

    Kelowna alone boasts over 40 wineries. Within minutes, you can travel from the modern, lakeside city to beautiful, rolling hills with vineyards, orchards and farms. Taking a wine tour is a great way to spend a day exploring the scenic views and enjoying exceptional wines. One of my favourite spots to enjoy great wine, music and sunshine is Ancient Hill Winery (see pictures below)!

    Kelowna has become of the best places in Canada to call home. Amazing wineries, world class skiing at Big White, a vibrant arts and culture scene, hiking and biking trails, boating and the beautiful beaches are all part of living the Kelowna lifestyle!

    Are you considering a move? Come see why Kelowna is the place for you! Contact me today for all of your Okanagan Real Estate needs!

  • Rom’s Kelowna Real Estate Opinion April 2019

    Rom’s Kelowna Real Estate Opinion April 2019

    Kelowna Real Estate Market Opinion for April 2019

    Every year the real estate market goes through a peak and a valley. All stats rise in the spring and fall in the fall. This year is turning out to be no different. To say that sales or inventory are up in April compared to March or February is nonsensical because that happens every year. What is relevant is how those months compare to the same months in the previous year. When we compare the first 4 months of 2019 to 2018 we find that the market continues to slow. Click the images below to see the comparable trends for the past 12 months (highlighted).
    However, it is a moderate slow down and we still have a very active market in the Central Okanagan.  Especially when you compare the first 4 months of 2019 with the same 4 months of 2008 and 2009 (the times of serious slowdown/recession). The current real estate market is still robust.  I think 2019 will maintain this trend into next year.

    Please remember, this is just the Real Estate World according to Rom.

  • 209 – 255 FEATHERTOP WAY BIG WHITE

    209 – 255 FEATHERTOP WAY BIG WHITE

    JUST LISTED: 209 – 255 FEATHERTOP WAY, BIG WHITE

    Bright, family-friendly corner unit for sale

    $399,900

    Beautiful 2 bedroom, 2 bathroom, furnished corner unit in the popular Sundance Resort complex! Enjoy your home away from home all year round with activities and amenities galore for the whole family to enjoy!

    Prime location for ski-in/ski-out, located just above the Bullet Express lift near Village Centre. This unit has never been part of the rental pool and is in pristine condition. The kitchen features granite countertops, stainless steel appliances and a new induction oven range. There are many updates throughout including new furniture, new light fixtures and fresh paint! Also included is a ski locker and one heated underground parking stall. Strata fees have dropped to become one of the lowest in Big White. In the winter months, enjoy the added security of having full-time front desk staff available.

    Sundance has an abundance of amenities including outdoor hot tubs and pool, games room, sauna, fitness centre, cozy lounge with fireplace, movie theatre, BBQ area and MUCH MORE! There truly is something to do for everyone.

    Check out the Virtual Tour here!

    For the full listing and more photos, please click here.