16
Mar
Buying Tips

What will $700,000 Buy You in Today's Market?

Zach Anderson
I
March 16, 2022

Anyone looking for a single family home right now in Kamloops will find that $700,000 doesn't go as far as it used to. The Kamloops median residential house price (which does not include condos or mobiles) from February 2021 was $599,900. Compare that to February 2022's median price of $780,000 and it's a jump of $180,100 in just one year.

Have you considered a commute? Home buyers can get newer houses in outlying areas for less money than a Kamloops listing. We've summarized some current properties on the market in some great communities within 45 minutes of Kamloops.


Logan Lake

LOGAN LAKE

403 Aralia Place (MLS 165761)
$699,900
4 bed, 2 bath
2,800 sqft
Built in 2013
2 car garage

Merritt

MERRITT

2961 McLean Place (MLS 166055)
$699,900
4 bed, 3 bath
2,120 sqft
Built in 2019
2 car garage

Chase

CHASE

570 Elm Street (166075)
$719,900
3 bed, 2 bath
2926 sqft
Built in 2006

Barriere

BARRIERE

4340 Dunsmuir Road (MLS 164594)
$679,000
4 bed, 2 bath
2725 sqft
Built in 1988
Detached 22' x 22' shop
0.92 acre lot

Kamloops

KAMLOOPS

1065 Pleasant Street (MLS 166253)
$699,900
4 bed, 3 bath
2064 sqft
Built in 1947

If a short commute isn't a deal-breaker for your next home, it may be worthwhile to expand your home search to the areas surrounding Kamloops. Contact Aaron, Chris or Zach if you'd like to receive listings from outside of Kamloops right to your inbox.

...

Latest posts
19
Mar
Buying Tips
Update to BC's Property Transfer Tax Exemptions
Zach Anderson
I
March 19, 2024

The 2024 BC Government budget has (FINALLY 😅) updated the home tax exemptions that will directly affect BC's housing market.

Continue Reading
24
Aug
Community Information
myKamloops App
Aaron Krausert
I
August 24, 2022

This week we’re exploring the city’s MyKamloops app which allows residents to report non-emergency civic issues like potholes, a broken street light, fallen trees, graffiti, litter pickup and the like, directly to City Hall.

Continue Reading
15
Mar
Homeowner Tips
Do you qualify for BC Housing's $40,000 Forgivable Loan?
I
March 15, 2024

What is BC Housing's 'Secondary Suite Incentive Program', and how does the program work? Here's what we know.

Continue Reading