01Comparative market analysis
Ready to listVernon, BC

243 Grange Drive

$1,299,000
Recommended list price · range $1,299,000–$1,349,000
+4.6% above assessed valueLargest lot in the comp set
4
Beds
3
Baths
2,367
Sq ft
2018
Built
02Market context

Prices are up about 35% since 2021 — now leveling off

202120222023202420252026
Up 35% from 2021, but down 8% from the 2024 peak.
$646K
Typical sale price now
77 days
Typical time to sell
03The property

A 2,367 sq ft rancher on the biggest lot around

Detached rancher with a walk-out basement, built in 2018. Four beds, three baths, two-car garage, with mountain and valley views.
8,276
Lot size (sq ft)
Detached
Property type
2-car
Garage
$1,242,000
Assessed value
Final price confirmed after an in-person walkthrough.
04Similar homes nearby

6 similar homes nearby — 5 sold between $1.15M and $1.30M

219 Grange DriveSame street
4 bed · 3 bath · 2,484 sq ft · sold in 16 days
$1,300,000
248 Diamond WayBelow ask
4 bed · 3 bath · 2,674 sq ft · sold in 63 days
$1,260,000
213 Ashcroft PlaceStill for sale
4 bed · 3 bath · 2,521 sq ft · 142 days on market
$1,179,000
…plus 3 more. Median sold $1,180,000 · range $1.1M–$1.3M · about 64 days to sell.
05Pricing strategy

$1,299,000 — priced to sell without leaving money behind

Floor
$1,259,000
Sells fast, but likely under value.
10–25 days
Recommended
$1,299,000
Matches the best recent sale on this street.
25–55 days
Ceiling
$1,349,000
May sit, then need a price drop.
60–100+ days
06Buyer attention

Most buyers look in the first two weeks

LaunchDay 10Day 20Day 30
Homes priced right in week one sell faster and for more. Example: 237 Ashcroft listed at $1,175,000 and sold 125 days later at $1,147,000.
07Next steps

Let's get it on the market — priced to sell

1Confirm the list price
2Photos and staging
3Launch and capture week-one buyers
Braden Koop · Personal Real Estate Corporation · RE/MAX Kelowna
250 801 8725 · Braden@Koophomes.ca
Recommended: $1,299,000
Range $1,259,000–$1,329,000