Sanjay Kosmadia Real Estate Advisor - Engel & Völkers Kamloops

Sanjay Kosmadia Real Estate Advisor - Engel & Völkers Kamloops Data-driven, educate-first Kamloops real estate advisor. Engel & Völkers. Protecting your net and your peace of mind. Local since 1996.

08/29/2026

The headline this year is the same everywhere. Sales are weak, prices are soft, the market is grinding lower. If you own a home, that headline feels personal.

Here is the honest part. Most of those headlines describe Vancouver and Toronto, where a pre-sale bought at the peak really is hurting. That is a real story. It is just not automatically your story.

Zoom out and localize it. In Kamloops the single-family benchmark is $684,300, up 1.2% over the year, not down. Homes are taking longer to sell, 51 days as of the June board numbers, but well-priced ones in the $500,000 to $750,000 range are still drawing competing offers. Slower is not the same as falling. Those are two different markets wearing the same headline.

Before you make a move based on a number from a city 3 hours down the highway, get the number for your actual neighbourhood. I have lived here since 1996 and I can pull it for you.

Want your street's real benchmark instead of the national headline? Send me your neighbourhood and I will send the number back.

Curious what your neighbourhood is actually doing? Reach me at kamloops.evrealestate.com

Save this if you are dreaming about acreage without the Lower Mainland price tag.A renovated home on acreage in Westwold...
08/28/2026

Save this if you are dreaming about acreage without the Lower Mainland price tag.

A renovated home on acreage in Westwold, BC — kitchen, bright living space, covered deck, a home gym and rec room, and the land to go with it: a creek and room to breathe.

I am not posting the numbers. If you want the price and the full listing package, just ask.

Comment 4747 and I will send it straight to you.

08/27/2026

Can you actually afford to buy in Kamloops, or is renting still the smarter move? I built a calculator that answers it honestly. Put in your income, a home price, your down payment and today's rate, and it runs the real Canadian math: the stress test, CMHC, closing costs, and what a place actually costs you month to month against renting. No sign-up, no email wall, just your numbers. As an example, a $450,000 home on a $100,000 income works out to about $2,981 a month, roughly $581 more than renting something similar, with the full 25 year picture so you can see what you build along the way. It will not tell you what to do. It shows you where you actually stand. Comment CALC and I will send you the free calculator. No calls, no pressure.

08/26/2026

If your mortgage renews in the next year, you are not just signing a form. Roughly 60% of Canadians renewing right now are resetting at a higher rate than they had.

A lot of people are quietly managing that by stretching the amortization or taking a shorter term, betting rates drop before they renew again. That is a real strategy. It is also a bet, and I would rather you make it on purpose than by default.

Here is the calmer question. If your payment is climbing anyway, is this the home you want to carry that payment in? For some people the answer is yes, stay put. For a downsizer sitting on years of Kamloops equity, a renewal is the moment to ask whether that equity could buy a lower payment and less stress in a townhouse instead. The townhouse benchmark is $506,500 against a single-family benchmark of $684,300.

I am not telling you to sell. I am telling you a renewal is a fork in the road, and forks are worth doing the math on.

Want to see what your equity actually unlocks before you re-sign? Message me and we will run your numbers. No pressure, just clarity.

Run your equity numbers with me: kamloops.evrealestate.com

08/25/2026

This is what acreage looks like outside Vancouver money.

Creek, mature trees, and room to breathe — on the Kamloops-Vernon Highway in Westwold, BC. The kind of space the Lower Mainland stopped offering a long time ago.

Price and the full listing package are one comment away.

Comment 4747 and I will send it to you.

08/24/2026

51 days. That is how long the average single-family home in Kamloops now takes to sell, up 19.3% from a year ago.

Here is what that number means if you are thinking about selling. Homes are sitting longer, so the market has less patience for a price that is just testing the water. Price high to "see what happens" and the first 14 days get spent on the wrong buyers. Then the home goes stale, and stale homes draw lowball offers because buyers assume something is wrong.

The homes that still move, some with competing offers, are the ones priced to the real benchmark on day one. Right now that single-family benchmark is $684,300. Precision beats optimism in a 51-day market.

My job is to educate, not validate. I will show you the real number and the net you keep, not the number that wins a listing and costs you later.

Selling in the next 90 days? Save this post, then send me a message and we will price your specific home to the first 14 days, not to a 2021 memory. Living and working in Kamloops since 1996.

Book a free, no-pressure home evaluation so you know your real number before you list: kamloops.evrealestate.com

08/24/2026

In July, a new west coast pipeline was announced. The proposed southern corridor runs through Valemount.

Valemount sits where Highway 5 meets Highway 16, on the Yellowhead. The Moose Pub fronts that highway, near the town's hotels and motels.

The town has seen something like this before. During the Trans Mountain expansion, local hospitality and retail saw a lift as crews moved through the corridor.

This is a proposed project and no outcome is guaranteed. What is not speculative is the rest of it: zoning here is restrictive, and BC has frozen new licensee retail store licences until July 2032. Supply is fixed either way.

Established and operating, with accountant-prepared financials available to qualified buyers. Seller financing is available to qualified buyers. The adjacent Moose Liquor Store is available as a package at a separate price.

DM me for the confidential buyer package.

Pipeline information from public government announcements, July 2026. Licence moratorium: Government of British Columbia. Seller is related to the listing agent. All information deemed reliable but not guaranteed. Buyers must complete independent due diligence.

Save this if you are even thinking about leaving the Lower Mainland.The single-family benchmark in Kamloops is $684,000....
08/23/2026

Save this if you are even thinking about leaving the Lower Mainland.

The single-family benchmark in Kamloops is $684,000. In Greater Vancouver, a detached home is $1,822,900. Same house type, same month, nearly three times the price.

But the price gap is only half the story. What you actually trade is the ocean and some job density for a shorter commute, four seasons, and a mortgage that does not run your life.

The people who move here happy came for the lifestyle math, not just the sticker price. The ones who struggle expected Vancouver with cheaper homes.

Comment MOVE for the full relocation breakdown.

Sources: Association of Interior Realtors (July 2026); Greater Vancouver REALTORS (July 2026).

08/23/2026

Run a pub at the foot of the Rockies.

The Moose Pub sits in Valemount, where the Rocky, Monashee and Cariboo ranges meet. Minutes from Mount Robson, about an hour from Jasper, and on the Yellowhead Highway.

The room is already built. A full bar, a dining room, and a billiards room, in a resort municipality that draws visitors in all four seasons. Sledders in winter, riders and rafters in summer, highway travellers year round.

Established and operating, with accountant-prepared financials available to qualified buyers. Seller financing is available to qualified buyers. The adjacent Moose Liquor Store is available as a package at a separate price.

If you have wanted to own the room instead of visiting it, DM me for the confidential buyer package.

Seller is related to the listing agent. All information deemed reliable but not guaranteed. Buyers must complete independent due diligence.

Address

606 Victoria Street
Kamloops, BC
V2C2A7

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