Geoff Hill Phone: 250.341.7600 Mobile: 250.341.7600 Email Geoff

June 1, 2012 - Oh Joy!

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G Real Estate Update

Geoff Hill

Your Columbia Valley Representative

Licensed REALTOR®

Real Advice. Real Results. Real Estate.


250-341-7600 or 1-888-341-6046

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Contents:
The HotSheet - New, Price Reduced and Sold Listings for the last 14 days
The Highlight Reel -  biggest reductions, best sales prices and great opportunities
Article -Joys Of Home Ownershipon-season

Lake Windermere

The Hot Sheet - the market's thermometer

New Listings - 69   Price Reductions - 29   Sold Listings - 3

The Highlight Reel

New
Address: 1557 10th St, Invermere
Beds: 3                           Baths: 3 (2 Full)
Price:$369,000                Size: 2,250 Sq. Ft.
Spiel:  This house is definitely a fixer-upper, totally outdated and in need of some TLC so if you’ve got some time, money or know-how (preferably all three) then this is an amazing opportunity. This house is located in West Invermere where large estate lots still exists and the quiet life is only a 10 minute walk from grocery stores and about 15 minute walk to the beach. Driving to either is less than 3 and the high school and elementary school are each 3 minutes or less by foot. Sitting on a massive 1.46 acre lot with expansive views of the Rocky Mountains, this property is an ideal investment.

Reduced
Address: 1639 Swansea Ave, Windermere
Beds: 2                           Baths: 3 (2 Full)
Old Price: $768,000         New Price: $649,000      Size: 1,500
Spiel:1,500 sq. ft. on 3 floors. Yep – you read it right! This house is crammed onto a postage stamp lot that measures 50’ x 84’ (4,200 sq. ft. or .096 acres) but offers one of the best lakefront locations possible. Tucked away on Hidden Bay, the home offers a truly unique living arrangement. Your kitchen, dining and living room are on the main, walk-in, level. The upper and lower level are accessed by an elevator. Below, the guest bedroom and recreation room are well laid out and you can walk out of the basement to the yard and lake. The upper level presents the master bedroom and rooftop deck. Built in 2011 with all creature comforts included, like propane fireplace and heat pump, there is nothing to do to the home so you’ll have to plan on golfing, skiing, hiking or relaxing on the deck instead! Definitely not a family home but it is small and easily manageable for retirees that want location and lifestyle. The epic views of Lake Windermere and the Purcell mountains will be the envy of anyone that joins you for the weekend. Were the owners just testing the water with their previous price? A drop of $119,000 certainly makes this the biggest single price drop in the last month – that’s for sure!


Sold 
 Address: 152 - 2000 Indian Beach Rd, Windermere
Beds: 4                          Baths: 2 (2 full)
List Price: $635,000        Sold Price: $600,000      Size: 2,632 sq. ft. 
Spiel: Despite only having a verbal agreement on the leased land in Indian Beach, this perched property overlooking Lake Windermere garnered interest and a sale in the last month. Not to mention check out that sale price – nice! Big open design levels, vaulted ceilings, exposed timbers, wood-burning river rock fireplace and plenty of character and charm to boot. This is a terrific sale for the valley. As we have seen over the last 6 months, bigger ticket items have been moving and although the unit sales are down I’m sure we’ll see that the dollars are likely up. Confidence is coming back to the valley and it’s about time! 

707 13th Ave, Invermere - $377,900

707 13th Ave - $377,900
- Renovated heritage home
- Amazing location and views


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