Comparing May 2020 to May 2019

Comparative Statistics for Kamloops Real Estate (Residential Only)

Kamloops real estate stats chart

Comparing May 2020 to April 2020

Comparative Statistics for Kamloops (Residential Only)

 


Andrew Karpiak is a Real Estate Agent in the Kamloops area including Tobiano and Sun Peaks. He was born and raised in Kamloops and proud to call the city home while raising his own family.

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real estate for sale sign

Many people have been wondering how the Kamloops Real Estate market has been faring during the COVID-19 crisis and it is not all doom and gloom. While the number of Kamloops Homes for sale and units sold in April of 2020 was more than 50% lower, the median residential price slightly increased and the average days on market remained quite similar to that of April 2019. Considering the world economy virtually shut down for over 45 days so far, I would say that Kamloops Real Estate has played out as predicted.

The Kamloops Real Estate market has been constantly adapting to the stay at home restrictions imposed by the provincial and federal governments and has been utilizing video formats and 3d Matterport technology to ensure that buyers and sellers…

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rubber gloves

This is a stressful time for all of us, as together we are facing an unprecedented global crisis. COVID-19 has forced us to adapt to an ever-changing reality as we fight to contain the virus. First and foremost, we want you to know that across the country, safety measures we are taking are being guided by public health authorities and the government, and often go well beyond.

The biggest change you will see relates to how you will communicate and conduct business with your Royal LePage office or REALTOR®. Our team has access to the industry’s leading operating platform, technology that allows a Royal LePage professional to keep in touch with you, share property details, complete real estate valuations and conduct transactions electronically.

So…

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Kamloops is known for some pretty spectacular hiking trails. There are hiking trails for every kind of hiker. Nice and easy flat trails for an evening stroll, intermediate trails for those looking to get a cardio workout and difficult trails for the more adventurous soul. If you are visiting Kamloops, these five hikes are a great way to see the city from different viewpoints and take in the beautiful scenery from every angle. If you live in Kamloops, these hikes never get boring and can (and should) be done many times!

Bridal Veil Falls in Peterson Creek

sign at peterson creek

Peterson Creek Park offers many different trails for all levels with some breathtaking viewpoints on the elevated trails. One of the most popular is the trail to Bridal Veil Falls which for the…

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Tobiano is a resort development that sits above Kamloops Lake 15 minutes from Kamloops. Tobiano offers one of the most incredible golfing experiences in Canada, a marina with water sports, Black Iron Restaurant with exquisite cuisine and year round events and activities. It should definitely be a destination on your list to visit if you find yourself in the area.

golf course at tobiano

The Golf Course

I don’t think there is any public golf course that can offer the incredible views, the difficulty and just a truly unforgettable golf experience like Tobiano can. The Thomas McBroom designed Tobiano Golf Course is arguably one of the best public courses in Canada…possibly North America.

It has received numerous accolades since its opening in 2008 including “Best New…

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kamloops property for sale


Congratulations on buying your home! Through all of the excitement of getting ready to move into your new home there is still work to be done before you move in. Here is a list of the things I always tell my clients to do in order to be ready for move in day:


Contact Your Lawyer or Notary. Your lawyer /notary will do the following:

  • your realtor will send all required paperwork to your lawyer once you have a subject free (firm) transaction
  • prepare a statement of adjustments - account for any expenses paid up to the closing point, in case of a rental property your lawyer will account for deposits collected, rental income adjustments, property taxes and city utilities
  • co-ordinate any mortgage documents that need to be signed
  • arrange…

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Congratulations on selling your home!

It is a great feeling for sellers to have a firm offer on their home but there is still much work to be done before closing day. Here is a list of things I always tell my clients to do in order to be ready to meet their obligations for closing. 

Contact Your Lawyer or Notary.

Your lawyer /notary will do the following:signing documents

  • check the documents prepared by the buyer’s lawyer and explain them to you
  • ensure that your old mortgage has been properly discharged, if this is required
  • confirm that all payments for which you are responsible have been made
  • arrange for you to sign the transfer documents
  • prepare a statement for you outlining where all the purchase money was disbursed and give you the net…

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valleyview school in kamloops

For the past three years Kamloops has set successive building permit value records and 2020 is shaping up to be just as robust.

According to the latest building permit report, the city issued $10.3 million worth of building permits in February, compared to $6.5 million in the same month last year. That is an increase of $3.8 million. Two big projects were the driving force responsible for that major increase. One is an industrial permit that was issued to Canadian Linen in Dallas which was worth $1.9 million. The second was a site-servicing permit work $1 million for the Valleyview Secondary School expansion.

The site-servicing permit will include ground work and excavation, drainage and retaining walls for the new addition to the school. The…

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