The Million Dollar Home Seller

The Million Dollar Home Seller

The Million Dollar Home Seller is active in Kelowna. I’ve been pretty negative towards the high end home seller of late pleading for them to be more realistic with their pricing but I thought I would look a little closer at this segment of the marketplace and try to be a little more upbeat.  Here goes.

Kelowna luxury home seller

Many high end home sellers have become realistic of late resulting in 52 home sales over $1 million this year and we’re only part way through May.  A lot of us remember when it would be big news when someone sold a million dollar home because it was so rare.  This year there have been 14 homes sold over $2 million and 9 over $3 million.

 

This time last year there were only 28 homes that sold over $1 million and 26 this time in 2012.  2010 had an OK start to the year when there were 31 and then 26 in 2011. We’ve hit it out of the park this year compared to those years.  2009 was brutal with only 15 sales at this point.  We have to go all the way back to 2007 when there were as many million dollar plus homes sold through mid-May when there 53. 2007 seemed crazy at the time but there weren’t anywhere near as many $2 million plus homes selling as there are now and we’ve had a slower start to the year this year. 

There are still some disappointed sellers among the 52 this year because many of them were hoping for much more and a lot of folks in this cohort had to settle for less than what they paid or what their neighbor sold their home for.  Nevertheless, even though most of us don’t have these problems it does have a positive impact on our housing market, the overall economy, Kelowna’s municipal tax base and an overall sense of optimism seeing more high end properties changing hands. 

For Kelowna Luxury Homes For Sale click here

Thanks for reading.  Next week I’ll be back writing about houses or condominiums the rest of us live in and the opportunities we have before us.

Realtor Andrew Smith
Living in Kelowna,
Andrew Smith
Royal LePage Kelowna
1-1890 Cooper Rd, Kelowna, BC V1Y 8B7
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here Okanagan property for sale

Affordable Kelowna South Home

Affordable Kelowna South Home

Affordable Kelowna home for saleAffordable Kelowna South home in Excellent Condition. First time offered on the market.

 

 

 

 

 

2175 Aberdeen Street

SOLD!

This 3 bedroom home has many updates

  • Hardwood floors
  • Newer kitchen counter tops
  • Double kitchen sinks
  • Spacious family room
  • Gas Fireplace
  • Large deck overlooking the landscaped yard
  • 2 car garage

2175 Aberdeen Livingroom

 

 

 

 

 

 

The landscaped yard is like a private Oasis with the huge deck made for large family gatherings

 

For a private view of this home

Andrew Smith

250-979-8066

Royal LePage Kelowna
1-1890 Cooper Rd, Kelowna, BC V1Y 8B7

www.okanaganbc.com

Andrew Smith Royal LePage Kelowna

Downsizing-30 Days to Letting Go, 1 Room at a Time: Part 1 The Kitchen

Downsizing-30 Days to Letting Go, 1 Room at a Time: Part 1 The Kitchen

30 Days to Letting Go, 1 Room at a Time: The Kitchen

When you speak of downsizing from house to apartment, it seems like a novel idea, a way to live with only what’s essential. However, actually beginning the downsizing experience can make some homeowners stop in their tracks. Evaluating a home for the essentials can be stressful and if you’ve lived in a home for quite some time, it may feel like you’re getting rid of memories and not just things. The best way for you to start downsizing is to take 30 days to go through your home and get rid of the things you no longer need or use. One of the best places to start is the kitchen, because it often holds a variety of items and is a smaller space than most in your home.

Downsizing and Kelowna donations

What Haven’t You Used?

 

Start out in the kitchen by assessing your china. Have you had more than five people over for dinner in the last few years? Chances are you don’t need that setting for 12. You can either keep the pieces you want for family or giveaway the whole set.  Many of us have gone to a baseball game or theme restaurant only to come home with a gaudy souvenir glass. When was the last time you used these? Put them in the donate box, and only keep the glasses you actually use. The same goes for an extensive collection of wine glasses that only collect dust.

 

What Haven’t You Eaten or Baked?

 

It’s time to browse your cupboard and see what needs to go. Have a cardboard box ready so you can take donations to the local food bank. Take down all of your canned goods and think about whether you’ll use them in the next two weeks or if they can go. You should pay attention to spices, because they don’t last forever. The small print may make it hard to read the label, but try to see if you can see a best by date. Do you have any baking ingredients? If you’ve not baking in six months, why waste the time boxing and hauling the items to your new home? Try donating the baking supplies to a Woman’s Shelter.

 

What Can You Live Without?

 

You may love cooking and feel that a lot of your kitchen items are absolute necessities, but think again. Take out all of your pots and pans individually, then any kitchen gadgets. Have you used that panini maker or waffle cooker in the last year? If not, let it go, as it’s taking up valuable real estate in your kitchen. What about lids that are missing their pans, or vice versa? You may be holding on to these items in case you find a match for them later, but do you really want to pay to move these? Go through your extra mugs, plates, cups, bowls, silverware, and serving dishes, keeping only what you need. Do you need two pasta strainers? No, not necessarily.

 

Downsizing can be daunting, but it helps to audit your belongings in a small space first, such as the kitchen. You’ll be surprised at how much you can actually let go of, once you’ve started going through your cabinets, drawers and cupboards. The process is will help you whittle away the tools and items you can have in your new kitchen.

 

In Kelowna places that would welcome your donations

Downsizing and the Kelowna food bank The Kelowna Food Bank (250) 763-7161  is located at 1265 Ellis St, Kelowna, BC
Kelowna Food Bank They accept canned goods and packaged goods such as macaroni and cereal

The month of May is a Can A Day at The Kelowna Food Bank

Donate to the Kelowna Womans ShelterThe Womans Shelter  (250) 763-1040  #6- 368 Industrial Ave  welcomes cooking and baking sheets and utensils . For larger items such as chairs, tables and appliances please call them as they do not have room at the store but may know a family that needs them.

 

Realtor Andrew Smith
Living in Kelowna,
Andrew Smith
Royal LePage Kelowna
1-1890 Cooper Rd, Kelowna, BC V1Y 8B7
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here kelowna BC homes for sale

Downsizing Home: How to Lose Your Stuff and Enhance Your Life

Downsizing Home: How to Lose Your Stuff and Enhance Your Life

If you’ve decided to relocate to a smaller home or downsizing home, you know you probably have to purge your home of extra clutter and unwanted belongings. What you probably don’t know is how to go about downsizing things to fit your new smaller home lifestyle. The key is to keep only what you need. We all have items that we don’t use, but they sit there harmlessly. Only when we need to downsize, do we see how many belongings we’ve actually amassed.

Start Small But Think Big

Anything that costs you more hours of effort or worry than it brings you hours of enjoyment is a candidate for downsizing, says author Jonathan Lockhart Huie. You should ask yourself the following questions when downsizing:

When did I last use this?
Do I want to spend money and time moving this into a new home?
Do I love this item?

Keep these questions in mind as you tackle the rooms in your home. Don’t let yourself be overwhelmed. Start slowly, by going through each room. You should avoid the temptation to clear the entire house at one time.

Start by placing out boxes or bags for discarded items. You can label them don’t keep and throw away. Many experts suggest forgetting the maybe pile because too often, these maybe end up in the keep pile. They have a rule of thumb called the OHIO rule, meaning “only handle it once.” Creating a maybe pile only encourages indecisiveness and guarantees your process is more tortured than it needs to be. Anything broken or unusable should go. Storing away items for a rainy day project that hasn’t happened yet often leaves us with piles of junk. It’s time to move on and purge your home of clutter.

Discard Things, But Keep Memories

We’re tempted to hold on to mementos such as ticket stubs, old grade school report cards, children’s artwork and more. You don’t need to hold on to every item that has a memory attached. Instead keep only the most important items, or an item that is representative of a time in your life. By keeping one thing rather than ten, you reduce your clutter dramatically. You can also take digital photographs of these items.

Have you been holding on several items to pass down later? It might be time to do that now. Give away heirlooms and gifts. If you’ve been storing valuables or heirlooms with the intention of someday giving it to your children or someone special, consider giving it away now. You will free up more space and get to enjoy the recipient’s delight at receiving the gift.

Slim Down on Media

Thanks to the internet, iPads, smartphones, and other devices, we no longer need to have physical copies of media cluttering our shelves. Books, CDs and DVDs take up a lot of space and you may be able to cut your collections in half.

Without so many things to organize, take care of and store, you will instantly feel lighter and freer. Downsizing can be a complicated process, but if you approach it with the right spirit, you can accomplish it with minimal stress. Remember, your home isn’t things, but a feeling and a place where you love to be.

If you know someone who is thinking of downsizing please share this article

If you have questions about moving to a smaller home please call me

Realtor Andrew Smith
Living in Kelowna,
Andrew Smith
Royal LePage Kelowna
250-979-8066 or Toll Free 1-877-330-5884
Follow me on Twitter @smithap01

Cal for more information https://www.okanaganbc.com/ or view here kelowna bc real estate