CENTURY 21 Excellence Realty Ltd.
- 2143 Shuswap Avenue
Lumby, BC V0E 2G0
Welcome to my Website
As a CENTURY 21® Real Estate professional, I am dedicated to providing you with the highest quality service possible. My personal knowledge of the local Real Estate market is combined with the power of the CENTURY 21 brand - the most recognized name in Real Estate today.
Let me assist you in finding your dream home, in a neighbourhood that is right for you, and in the price range you want. Or if you are interested in selling a property, I also have the expertise to help you get the fastest sale possible and at the best price.
I look forward to the opportunity of working for you!
Armstrong, BC V0E 1B8
Preparing your home for sale
How to stage your home
The Good The Bad and The Ugly
VERNON - North Okanagan home prices may be a steal for those cashing out of the Vancouver area, but the hot market is also raising concerns about the overall cost and availability of housing in the community.
The average price for a single-family home in Vernon rose to $421,000 over the past six months, compared to $377,000 during the same time period in 2015.
The City of Vernon’s economic development manager Kevin Poole is calling it a crazy market, one with intense activity that hasn’t been seen in years.
From January to June, sales volume was up 61 per cent in the North Okanagan, representing a whopping $533 million in sales to date, compared to $331 million during the same time last year.
“It’s a seller’s market,” Poole says.
New construction is also moving along at a fast pace; so far this year, the city has issued double what it did last year in building permit values for residential, commercial and institutional construction starts ($88.8 million this year compared to $44.3 million during the same time in 2015.) Residential construction alone is up $8.4 million.
And while home prices may seem more expensive to locals, they are a deal for those cashing out of the Vancouver real estate market. Vernon-based Century 21 realtor John Deak estimates about 60 to 70 per cent of his clients are from the Lower Mainland.
“In Vancouver they’re selling an okay house for $1.3 million and they’re buying lake view and deluxe for $700,000 here in the Okanagan, and they can’t believe the discount,” Deak says.
His clients range from Lower Mainland retirees, to young families and professionals leaving Vancouver in search of affordability.
“I’m seeing a younger demographic, people say in their late 20s to early 30s who are completely priced out of the Lower Mainland. Their company might have an Okanagan division, so they obtain a transfer here,” Deak says.
With the market this hot, listings aren’t lasting long and you will likely have to pay more for what you want, or lower your expectations, Deak says.
“If you’re a buyer right now, it’s a tough gig. You have to be very fast and you have to change your expectations, whether that’s the price point, the number of bedrooms, the location or features,” Deak says.
And while the smoking hot market is a boon for sellers and those moving from pricier centres like the Lower Mainland, there are concerns about the impact on other individuals in the community. Annette Sharkey, the executive director for the Social Planning Council of the North Okanagan, says not everyone is so excited.
“We’re definitely feeling it in the community,” Sharkey says. “When the housing market is this hot, it does a couple different things. As the prices go up, of course it becomes more difficult to attract young families and professionals, who really drive our economy.”
At the same time, Sharkey says many property owners with rental units are jumping on the opportunity to sell.
“We see rentals flipped onto the real estate market, so we are also losing rentals,” Sharkey says.
The vacancy rate for rental units is already low in Vernon, just 3.4 per cent in the spring of 2015, while the cost of rent continues to climb.
“In addition to it being a hot market, we also have a low vacancy rate for rentals, so it becomes a landlord’s market,” Sharkey says. “It puts our most vulnerable population at risk — seniors, those on disability, single income families. Sleeping outside then becomes a reality, we’ve seen that with the increase in the number of homeless camps.”
A homeless count in April 2016 showed an increase in the number of people sleeping outside, including a range of young adults, couples, seniors and the working poor.
To contact a reporter for this story, email Charlotte Helston or call 250-309-5230 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.
5 easy ways to update your room
You don’t have to hire a decorator (or break the bank) to give a room a quick update with lots of impact. So whether you’re getting ready to sell, have just moved in or feel like a mini overhaul, these five tips will have you enjoying the room of your dreams in no time.
Change Your Fabrics
Replace your curtains, re-cover your throw pillows, buy a new rug, Any one of these easy fixes can make a big impact; but all three will completely change the entire room! And if it’s a bedroom you’re tired of, same rules apply: Replace the duvet cover, re-cover the headboard, and toss a few new pillows on the bed.
Freshen Up With Paint
Whether you tackle an entire room, or maybe an accent wall or two, a new coat of paint is probably the easiest way to change a room. From light and bright to dark and dramatic, paint can completely alter the mood.
Re-Organize A Bookshelf
Bookshelves are amazing; not only do they keep your books organized, but they can also serve as great focal pieces. Try colour-coding your books or arranging them in stacks instead of side-by-side. Remove an entire row of books and replace them with framed family photos or bright accent pieces. Sometimes all a room needs is a shift in thinking about it.
Update Your Art
Updating the art on your walls is a great way to showcase the family talent. Frame your daughter’s sketches from high school (no one will know it’s not a real Picasso) or your son’s first finger painting. Or grab a blank canvas and paint it a bright colour to hang in the kitchen (you don’t have to be a Fine Art grad to add some basic pops of colour!). And the best part of this approach is once you’ve bought the frames, the art can be rotated throughout the year at no extra cost.
Add An Accent
Is your bathroom feeling boring or your living room giving you the yawns? Pick bright, colourful wallpaper and add an accent wall! Paint stripes in your dining room, or buy a chandelier for your front hallway. Adding an impressive accent is a fun way to give the room some personality without a complete overhaul (of the room OR your bank account).