January 20th, 2022 will be a day I remember for a while as it pertains to real estate deals. That was the day I sold the most expensive lot in the history of the Tobiano Resort Development at 315 Holloway Dr. for $620,000.00.

The lot itself is one of the best, if not the best building lot in the entire Tobiano development as it is 0.41acre in size and sits on top of a bluff overlooking Kamloops Lake and is adjacent to the 15th green of the Tobiano Golf Course. What makes this lot so unique and rare is that we only have 18 of these lake view bluff lots and only one that borders the golf course.

The Tobiano Resort Development was originally opened up to the public back in the fall of 2006 with the release of a…

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Are Ski Resorts The Next Best Real Estate Investment?

Housing prices are on the rise in ski regions across North America, and recreational property is one of the hottest investments out there right now.

"Despite travel restrictions, prices have continued to climb for recreational property in a ski resort. Last year prices grew on average by 5.1 percent. A report from shows that views of ski-town homes were 72% in 2021, while it was 36% in 2020. Particularly the North American ski resorts are hot in demand. Prime property prices of Aspen stand at around US$33,300 per square meter while Vail ski resorts stand at US$28,200.," comments Kimo Quance from The Kimo Quance Group.

“In 2020-21 US ski resorts enjoyed the fifth highest number of…

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Kamloops Real Estate Stats: December 2021 vs. December 2020

For the month of December 2021 there were152 residential unit sales recorded by the Kamloops & District Multiple Listing Service® (MLS®) in December 2021. This represents a 34.7% decrease over the numbers that were recorded in December 2020, at 233.
The average residential sales price was $663,774, up by approx. 33 per cent from $501,465 recorded in the same month last year. There were 113 new listings recorded by the Kamloops MLS® last month and there are 714 active listings in the Kamloops & district region, as of January 04, 2021.

The average residential sales price of $663,774.00 will likely stay over the $600K mark for the months ahead. This does…

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