What will $700,000 Buy You in Today's Market?

Anyone looking for a single family home right now in Kamloops will find that $700,000 doesn't go as far as it used to. The Kamloops median residential house price (which does not include condos or mobiles) from February 2021 was $599,900. Compare that to February 2022's median price of $780,000 and it's a jump of $180,100 in just one year.

Have you considered a commute? Home buyers can get newer houses in outlying areas for less money than a Kamloops listing. We've summarized some current properties on the market in some great communities within 45 minutes of Kamloops.

Logan Lake

LOGAN LAKE

403 Aralia Place (MLS 165761)
$699,900
4 bed, 2 bath
2,800 sqft
Built in 2013
2 car garage

Merritt

MERRITT

2961 McLean Place (MLS 166055)
$699,900
4 bed, 3 bath
2,120 sqft
Built in 2019
2 car garage

Chase

CHASE

570 Elm Street (166075)
$719,900
3 bed, 2 bath
2926 sqft
Built in 2006

Barriere

BARRIERE

4340 Dunsmuir Road (MLS 164594)
$679,000
4 bed, 2 bath
2725 sqft
Built in 1988
Detached 22' x 22' shop
0.92 acre lot

Kamloops

KAMLOOPS

1065 Pleasant Street (MLS 166253)
$699,900
4 bed, 3 bath
2064 sqft
Built in 1947

If a short commute isn't a deal-breaker for your next home, it may be worthwhile to expand your home search to the areas surrounding Kamloops. Contact Aaron, Chris or Zach if you'd like to receive listings from outside of Kamloops right to your inbox.