Engel & Völkers Kelowna
4631 Crawford Court, Kelowna, B.C.
Asking price: $1.249-million (May 24); $1.199-million (June 27)
Selling price: $1.05-million (July 23)
Days on the market: 60
Taxes: $3,954 (2023)
Buyer’s Agent: Richard Deacon, Engel & Völkers Okanagan
What they got
The kitchen and bathrooms are dated, but the 25-year-old home is well maintained and bright.Engel & Völkers Kelowna
This traditional house with a manicured lawn and sculpted trees sits on a cul-de-sac, with an attached and heated three-car garage, on a third of an acre.
In Kelowna’s Crawford Estates, the house isn’t huge at 1,888 square feet, but it works for the downsizers who purchased it because the primary bedroom is on the main floor, with a full ensuite bathroom. There’s another full bathroom upstairs and two more bedrooms.
The kitchen and bathrooms are dated, but the 25-year-old house is well maintained and bright, with high ceilings in the living room, central vacuum and a large yard with built-in irrigation and rural views. But a new road means more traffic noise, which might have affected the sale.
The action
The primary bedroom is on the main floor, with a full ensuite bathroom.Engel & Völkers Kelowna
Agent Richard Deacon’s clients were new to the country and wanted to be near their daughter, who lives nearby.
If priced too high, properties are sitting longer, says Mr. Deacon. His buyers had looked at the property in early June and asked him if they should make a lowball offer. But Mr. Deacon advised them to wait, because the sellers had just lowered the price. After a couple of weeks, they went in with an offer. They were firm on their $1-million budget, so it took some negotiation, but they settled on a price.
“We held firm, and it worked out.”
The agent’s take
The home has high ceilings in the living room, central vacuum, and a large yard with built-in irrigation and rural views.Engel & Völkers Kelowna
“I find when you make an aggressive offer so close to an adjustment, they tend to say no,” said Mr. Deacon.
He said that a lot of offers are falling apart due to financing.
“In a market like this, if you really want to move, take the reasonable offer.