kelowna blog: 1483 Rosemeadow Drive West Kelowna,BC Real Estate - Rose Valley - 07/25/11 08:36 PM
Terrific Rancher in Family Friendly Rose Valley... Terrific home in quiet family friendly Rose Valley. Daylight abounds in this 3 bedroom, 2 bathroom rancher with unfinished basement and separate entrance. Easily suited home with rear yard backing onto nice greenspace. Close to parks, schools, convenience store and local shopping.
Nearby Schools are: Rose Valley Elementary, Constable Neil Bruce Middle School and Mount Boucherie Senior Secondary.
For 21 high resolution photos and property details, please visit: www.1483RoseMeadowDrive.com or call/text Jason Neumann at 250.808.7700 to view!
Sincerely,
Jason Neumann, REALTOR® Century 21 Assurance Realty Ltd.    Cell: (250) 808-7700Office: 1-888-301-2121KelownaRealEstateNews.com
… (4 comments)

kelowna blog: #110 - 914 Craig Road Kelowna,BC Real Estate - Rutland North - 07/25/11 08:11 PM

Capstone Estates is where families come to live and play in Kelowna!
This perfect 3 bed, 4 bath family friendly townhome is centrally located!  Main level kitchen features: generous cabinet and counter space, tiled backsplash and white appliances.  Upper level master bedroom has three piece ensuite with walk in closet.  Additional bedroom upstairs with adjacent large loft area could easily be converted into another bedroom.  Massive third bedroom is located in the basement level and could be used as a flex room or home based business.  There's even more entertainment space in the bonus room/theatre room!  Half bath on the basement … (0 comments)

kelowna blog: 839 Steele Road Kelowna,BC Real Estate - Upper Mission - 05/13/11 02:06 PM


Spacious 4 bedroom, 3 bathroom Upper Mission home on a quiet road in a great family neighborhood. This fantastic home sits on 1/3 acre, with lots of privacy and peek-a-boo lake views. Large formal dining room, large family room as well as an eating nook off kitchen. Both the living room and the family room feature wood burning fireplaces.  Three sliding glass doors to your own back yard oasis, all sliders and windows upgraded as well. New custom gourmet kitchen with high-end, high efficiency stainless steel appliances (KitchenAid Superba counter depth fridge and convection oven) and solid maple cabinets. … (0 comments)

kelowna blog: Kelowna and Central Okanagan Foreclosure Stats December 2010 - January 2011 - 01/16/11 11:30 PM
There are currently 98 active foreclosures (as of January 15,2011) amongst the entire listing inventory for the Central Okanagan.  There are 3,623 active listings this month (including the 98 foreclosure properties) versus 3,863 listings last month, a 6.62% drop in inventory level.
Active Foreclosure Inventory breakdown:
7 Lots and Acreages (Ranging in value from $95,000 to $995,000)
6 Manufactured Home (Ranging in value from $69,800 to $162,900)
23 Strata Properties (Ranging in value from $139,000 to $2.99 Million)
52 Single Family Residential (Ranging in value from $189,900 to $3.30 Million)
There were a total of 13 foreclosure sales in December 2010.  Here's the breakdown:  There was one condo sold at $180,500, two townhomes $177,500 and $645,000, one manufactured home at $88,000, one … (0 comments)

kelowna blog: Kelowna and Central Okanagan December 2010 Stats - 01/16/11 11:23 PM
Ratio of Sales vs. Total Inventory = 5.43%
Condo -- Sales = 44
Condo -- New Listings  = 166
Condo -- Current Inventory = 884
Condo -- Sell/Inv. Ratio = 4.98%
Condo -- Days to Sell = 119
Average Price: $237,066
Average Median Price: $217,450
 
Townhouse -- Sales = 21
Townhouse -- New Listings = 85
Townhouse -- Current Inventory = 440
Townhouse -- Sell/Inv. Ratio = 4.77%
Townhouse -- Days to Sell = 118
Average Price: $313,600
Average Median Price: $303,000
 
Lots -- Sales = 7
Lots -- New Listings = 47
Lots -- Current Inventory = 578
Lots -- Sell/Inv. Ratio = 1.21%
Lots -- … (0 comments)

kelowna blog: Kelowna and Central Okanagan October 2010 Stats - 11/14/10 03:11 AM
Ratio of Sales vs. Total Inventory = 6.31%
Condo -- Sales = 44
Condo -- New Listings  = 134
Condo -- Current Inventory = 921
Condo -- Sell/Inv. Ratio = 4.78%
Condo -- Days to Sell = 128
Average Price: $244,118
Average Median Price: $216,250
 
Townhouse -- Sales = 32
Townhouse -- New Listings = 79
Townhouse -- Current Inventory = 456
Townhouse -- Sell/Inv. Ratio = 7.02%
Townhouse -- Days to Sell = 89
Average Price: $316,619
Average Median Price: $315,000
 
Lots -- Sales = 10
Lots -- New Listings = 102
Lots -- Current Inventory = 596
Lots -- Sell/Inv. Ratio = 1.68%
Lots -- … (2 comments)

kelowna blog: Kelowna and Central Okanagan Real Estate Sales Review for May 2010 - 06/23/10 06:37 PM
Inventory levels continue to rise in the Central Okanagan real estate market.  The inventory level increases for each month from 2009 to 2010 are as follows: 
January 2010 = 15.50%  February 2010 = 23.65%  March 2010 = 27.29% 
April 2010 = 16.68%  May 2010 = 9.61%
If new listings coming onto the market continue to increase with slower overall sales, we could see another market correction and some downward pressure on pricing.  The simple law of supply and demand could mean that buyers will see their investment dollars stretch a little bit further than they did one year ago.  The month of June has seen several properties reduce their list prices … (0 comments)

kelowna blog: June 2010 Real Estate Market Review of Central Okanagan MLS Listing Inventory - 06/23/10 06:25 PM
Current Active Central Okanagan MLS Listing Inventory as of June 22,2010:
Single Family Dwellings - 2354 properties including 8 pending offers ranging in value from $267,900 to $774,900  
Strata - Condos - 1201 properties with 2 pending offers of $229,900 and $399,900 respectively
Strata - Townhomes - 563 properties with no pending offers at this time
Manufactured Homes - 233 properties with no pending offers at this time
Timeshare/Recreation - 37 properties with no pending offers at this time
Lots/Acreages - 835 properties with no pending offers at this time
Total properties for sale - 5223 Current Listing Inventory
There has also been a recent trend in the last month of higher than normal demand on brand new vacant product.  This sudden surge of new … (0 comments)

kelowna blog: Kelowna and Central Okanagan Foreclosure Stats for May 2010 - 05/25/10 04:04 AM
There are currently 83 active foreclosures (as of May 24,2010) amongst the entire listing inventory for the Central Okanagan.  That is a 36% increase in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
11 Lots and Acreages (Ranging in value from $39,500 to $1.75 Million)
0 Manufactured Homes currently on the market
29 Strata Properties (Ranging in value from $159,990 to $3.90 Million)
43 Single Family Residential (Ranging in value from $249,900 to $3.05 Million)
April 2010 foreclosure sales tallied eight total or a decrease of four properties sold versus March 2010.  There were no sales of building lots or manufactured homes in March 2010.  Surprisingly, stratified properties accounted for six of the eight sales … (3 comments)

kelowna blog: 3410 Logan Court - West Kelowna V4T 1N4 "Westbank" - 04/15/10 05:21 PM

What an amazing deal! This 3, possibly 4 bedroom half duplex is move in ready.  A super clean house with brand new roof, new lamaninte flooring, new carpet, new blinds, new fixtures, new baseboards and fresh paint.  Located on a quiet cul-de-sac this great family home has a huge fenced backyard and boasts stellar panoramic views of the lake and surrounding mountains. Walking distance to Westbank shopping and close to parks, schools and beaches this perfect home is a jewel just waiting for the right family to come along.
Nearby schools are: Mount Boucherie Secondary School, Glenrosa Middle School and George Pringle Elementary.
… (0 comments)

kelowna blog: 251 Magic Drive - Glenmore V4V 1N2 "Magic Estates" - 04/15/10 05:04 PM

Experience the magic of this nearly 3000sq/ft, 4 bedroom, easily suited walk out rancher. Located on a quiet street in desirable Magic Estates and backing onto a green belt. The expansive deck in the very private back yard is waiting for you summer socials and family gatherings. Boasting some superior updates and upgrades this home is move in ready and has been meticulously maintained.  Easy to suite for a mortgage helper. 
Home Features: Tankless hot water on demand system, master bedroom has 2 closets (one walk-in), 5 piece ensuite with jetted tub and slate floors, hardwood throughout the main level with laundry/mudroom, … (0 comments)

kelowna blog: 816 Hewetson Avenue - Upper Mission V1W 5C9 - 04/15/10 05:00 PM

Attention to detail and functionality is evident around every corner in this incredible 4 bed plus den and 3 1/2 bath walkout rancher. This home has two fully finished double car garages with room for all your seasonal toys! Open concept takes advantage of the gorgeous lake views with terrific great room featuring vaulted height ceilings and rock surround fireplace. A chef's kitchen complete with separate prep sink area awaits your culinary creations. Phenomenal master retreat with luxurious 6 pce ensuite and spacious walk in closet. Wet bar boasts a raised gas fireplace and is adjoined to the home theatre room. … (0 comments)

kelowna blog: Does renting really make sense in today's real estate market? - 03/23/10 11:33 PM

The idea of paying someone else's mortgage and helping them build equity in their property really doesn't make a lot of good financial sense!  As a long term renter, you are literally throwing away tens of thousands of dollars of your hard earned money instead of creating a forced savings plan by way of having a mortgage.  I have chatted with many renters over the years and there are two primary reasons they typically give for not being a home owner. 
The first reason is they feel they can't afford a home or don't have a suitable down payment.  Interest rates are at a historical low … (8 comments)

kelowna blog: Central Okanagan Foreclosure Listing Information for March 2010 - 03/23/10 03:37 PM
There are currently 64 foreclosures (as of March 22,2010) amongst the entire listing inventory for the Central Okanagan.  That is a increase of 3 properties in the foreclosure inventory from last month.
The foreclosure inventory breakdown is as follows:
2 Lots and Acreages (both at $115,000) with no pending sales
1 Manufactured Homes ($125,000) with no pending sale
35 Single Family Residential ($258,900 to $1.559 Million) with one pending sale
26 Strata Properties ($179,900 to $599,000) with no pending sales
In terms of February 2010 foreclosure sales there were a total of 13 or an increase of 6 properties over January 2010.  The manufactured home segment of the market saw a single sale in Lakeview Heights for $75,000 after … (0 comments)

kelowna blog: The year round needs of the Kelowna Community Food Bank - 03/21/10 02:22 PM
Lenetta Thordarson, Associate Executive Director of the Kelowna Community Food Bank discusses the on going year round needs of the Food Bank. The message is simple...families and especially children should not go to bed hungry! For more details on how to donate food or monies to this amazing organization please: Make an online donation at: Paypal DonationsDrop your donation off at the Kelowna Community Food Bank at 1265 Ellis Street (Downtown Kelowna) Between 9-5 Monday-Friday. Mail in your donation to: Kelowna Community Food Bank at 1265 Ellis Street, Kelowna, BC V1Y 1Z7 Phone: 250 763-7161 Fax: 250 763-9116.Remember every can of … (2 comments)

kelowna blog: The Dangers and Pitfalls of Overpricing Your Home - 03/20/10 03:20 AM

There are potential dangers and pitfalls when it comes to pricing your home in any kind of real estate market.  Sellers can be reluctant to price their home in line with the marketplace as they feel they may be giving away too much of their home equity.  The reality is pricing your home right from the start will get the net result you are looking for as a seller.  Here are some of the reasons why pricing your home at the current market value is so very important:
Potential buyers typically will skip looking at your home as they think it is out … (4 comments)

kelowna blog: #120 2751 Westside Road V1Z 3T1- West Kelowna "Lake Okanagan Resort" - 03/15/10 12:50 AM

Turn key furnished one bedroom unit at the prestigious Lake Okanagan Resort. West Kelowna's ultimate destination vacation resort with marina, 9 hole golf course, hiking trails, horses, fitness, 7 tennis courts, pools, waterpark, trampolines, fine dining, cabana cafe, sandy beach and more.
This second storey unit has incredible lakeview and has been completely renovated top to bottom.  Tastefully decorated and ready for your enjoyment. Only one of a few units available in the quiet all concrete and cinder block KingFisher building.
In rental pool until 2012 with approximate net income of $4200 and 28 days of personal usage. This unit also … (0 comments)

kelowna blog: #6 5895 Snow Pines Way Big White,BC Canada - 03/15/10 12:24 AM

This top floor corner unit has every luxury one could hope for!  Three bedrooms, two full baths with open concept throughout.  Attention to detail is apparent from the moment you step in the door with hardwood floors throughout the main living level.  Take a step out onto the large covered deck and immediately be swept away by the gorgeous southern panoramic views.
The kitchen is ideal to host parties or cook that special meal for loved ones.  Kitchen features stainless steel appliances, granite counters, double under-mounted sinks and floorsweep.
Large master bedroom with a master ensuite that is exquistely finished and … (0 comments)

kelowna blog: Things you may not know about Kelowna,BC Canada - 03/14/10 12:14 AM

K.L.O. - means "Kelowna Land and Orchard Company", the company owned most of the land in that area for many years.
Kelowna's Fall Wine Festival is ranked amongst the "Top 100 Events in North America" year after year.
Mount Boucherie is one of five extinct volcanoes found in the Okanagan.
Kelowna's five major performance companies produce over 15 plays and musicals each year.
The "Sunny Okanagan" earned its namesake due to the over 2,000 hours of sunshine that recreational enthusiasts enjoy each year.
Dilworth Mountain was named after John Dilworth, an early Kelowna farmer.
Knox Mountain was named after Arthur Booth Knox who … (6 comments)

kelowna blog: Some Quick Facts and Stats on Kelowna,BC Canada - 03/14/10 12:08 AM

Kelowna,BC Canada Quick Facts and Statistics:
1. Kelowna is the largest city in BC's intrerior region and was incorporated in 1905.
2. Kelowna's total land area is 221.69 square kilometres.
3. Kelowna is located in British Columbia's Central Okanagan Regional District.
4. Kelowna is 471 kilometres east of Vancouver,BC.
5. Kelowna BC is 606 kilometres west of Calgary Alberta, 78 kilometres north of Penticton BC, and 54 kilometres south of Vernon BC.
6. The population of Kelowna is approximately 118,507 permanent residents with a growth rate of 3.0%.
7. There are approximately 44,985 residential homes in Kelowna,BC and in 2008 32,385 were occupant owned and … (4 comments)

 
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Jason Neumann Realtor® www.KelownaRealEstateNews.com

Kelowna, BC

More about me…

Century 21 Assurance Realty Ltd.

Address: #100 1634 Harvey Ave., Kelowna, BC, V1Y 6G2

Office Phone: (250) 869-0101 x 226

Cell Phone: (250) 808-7700

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