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Terrace House Price Comparisons - Property Sales in Terrace, BC

By Nicola Way - Special to the Sun. © Copyright (c) The Vancouver Sun


TRANSACTION BROADCASTS STABILITY IN THE NORTHWEST

Terrace

4808 Straume Avenue

Type: 3-bedroom, 2-bathroom, detached

Size: 2,236 sq. ft.

BC Assessment, July, 2009: $159,100

Listed for: $179,900

Sold for: $175,000

Sold on: Aug 17

Days on market: 12

Listing agent: John Evans and Kelly Bulleid at RE/MAX of Terrace

Buyers agent: Dave Materi at RE/MAX of Terrace

The big sell: According to listing agent John Evans, the selling points for this Terrace home included its choice location near schools and downtown, a quick possession date, a competitive price, some recent renovations that included new flooring, a four-piece family bathroom, a new furnace and fresh paint. The property is in the heart of the Horseshoe area of town, with a lot that measures 65 by 132 square feet, providing the buyers the opportunity to construct a shop in the back yard. Evans says that house prices have stabilized since dropping approximately 10 per cent from last year’s prices, with the majority of interest for Terrace real estate coming from local buyers or those who have transferred to the area for job opportunities.



These transactions were compiled by Nicola Way of BestHomesBC.com and AssignmentsCanada.ca