Downtown Kamloops is growing up! The Kamloops population has grown to reach over 100,000 residents in 2020 and is maintaining a steady growth rate from there. It only makes sense that our downtown community will start to see some changes. You can feel the energy as you drive through the area and see the new development. We have some exciting projects already underway with the Kelson Group breaking ground on City Gardens and the Royal Inland Hospital expansion well underway. I have pulled some more details below from the City of Kamloops and the Association of Interior Realtors Multiple Listing Service® to walk you through the downtown neighbourhood and give you a glimpse at the current real estate market in downtown Kamloops.
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Dreaming of an Urban Hen House
Have you ever thought of having an urban hen house in your yard with your very own flock? Do you live in the City of Kamloops? If so, this may be worth a ponder!
On my adventures showing homes have been asked on several occasions if chickens are allowed in the City of Kamloops and on one occasions I have even negotiated backyard chickens into a deal! Overall, I really haven’t explored the topic in too much detail. This eggciting research started with a lovely gift of farm fresh eggs from one of my clients. It got me thinking: “Can I have chickens in my yard?”. That’s how good the eggs were! If I find myself asking this question, then possibly so are some of you reading today! Before you get ahead of yourself, as I did, and start scrolling though the adorable chicken houses online for inspiration I have listed some more information below! Farm fresh eggs are hard to beat and having laying hens “supports sustainable local food and urban agriculture initiatives” set out by the City of Kamloops. However, having been raised on an acreage, I know first hand that the feast of fresh eggs comes with some work!
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That’s a wrap on 2021
New Real Estate Records in 2021 with 3689 units sold in Kamloops and District Real Estate Market
As we wrap up the stats on 2021 and move into 2022 it is evident that I am not the only one Sold on Kamloops! The kamloops real estate market kicked off 2021 in a frenzy, carried over from the momentum of 2020. As we progressed through the year, the sales began to level out because of a lack of inventory but the prices continued to climb!
In December the slow down in the number of sales was evident, declining 34.7% from the previous year but that still did not impact the overall success of the year. The average MLS® residential price in the area in December trended in the opposite direction seeing a huge leap to $663,774 from $501,465 the prior year, up 32.5%. And here we thought
breaking the $500,000 average sales price was quite the feat for Kamloops!