About Kelowna Real Estate
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The Kelowna real estate market represents the increasing demand for stunning homes in one of British Columbia's most exciting cities. Kelowna is among Canada's faster growing cities and is home to a prosperous economy, a vibrant culture, and stunning landscapes that perfectly embody the beauty of the coveted Okanagan region. As young homebuyers, career-hungry professionals, and adventurous retirees seek high-quality properties outside of the expensive Vancouver market, thriving mid-size cities like Kelowna are in high demand. As a result, the Kelowna real estate landscape is expanding to include a wealth of diverse residential options. View all Kelowna real estate listings below, or continue reading about Kelowna homes for sale and the exciting lifestyle that awaits.
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High Quality Living With Kelowna Homes For Sale
Kelowna homes for sale provide an exciting look at what's going on in this hot market. The market is still home to the beautiful and high-quality family homes that have long made it a beloved place to live. However, the city's recent rapid growth has diversified its real estate options significantly, prompting development of many amazing contemporary residences, from massive upmarket manors to trendy townhomes and ultra-efficient micro-condos.
Although Kelowna has seen an overall trend of growth and increased real estate development in recent years, there is still some fluctuation. That being said, the present is a great time to purchase if you're considering living in this flourishing city. The continued arrival of homebuyers relocating from Vancouver and Alberta, along with a boost in the city's younger population, simply highlight the soaring demand for Kelowna real estate.
Right now on the market, prospective buyers will encounter a rich variety of property types including classic suburban homes, avant-garde custom designer residences, high-rise condo units, ranchers, luxury homes, and mobile homes. There is truly something for everyone in Kelowna. By the end of 2017, the median price of a two-story home in the city was approximately $720,000. The median price for a bungalow fell in the mid-$600,000s, while the median condo price was just over $412,000. As demand continues to permeate the region, it's likely that home values in and near Kelowna will continue to rise, making properties here exceptional financial and lifestyle investments.
Within Kelowna, you'll find a diverse mix of neighbourhoods, although all the communities boast high-quality homes and a safe, clean environment. Among the areas with the highest concentration of new construction homes are the Glenmore and North Glenmore communities. This exciting part of the city is also homes to many new townhomes and it's close to Knox Mountain Park and other forested areas that are great for hiking.
If you prefer a more established neighbourhood with some of the most affordable homes in the city, Rutland might be your best bet, especially if you'd like to be close to the businesses on Highway 33. Conversely, if you're looking for a luxury home with a stunning view of Okanagan Lake, check out the gorgeous homes in Upper Mission. There are many more neighborhoods in Kelowna to choose from below.
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Living In Kelowna
Buying a Kelowna home is so much more than a simple real estate investment. By moving here, you can invest in your career and lifestyle in a meaningful way. The economy is strong, with world-class tech additions such as DreamWorks, Nickelodeon, and Disney setting up shop in the city. While exciting changes are on the horizon, Kelowna still offers a relaxed and stress-free pace compared with larger cities such as Vancouver and Calgary — it has not lost that enviable Okanagan resort-style culture. In addition, the city is bright with youthful energy — many young families, new university graduates, UBC Okanagan students, and tech-industry job seekers are increasing the 25-34 age demographic in the city.
All this prosperity comes along with amazing shopping, dining, wineries, and entertainment. Kelowna schools remain some of the best in the region, while the outdoor recreation opportunities are simply unbeatable. Along with the many benefits that come from living near Okanagan Lake, the beautiful forests, provincial parks, and mountains that enrich the surrounding area make up a sublime landscape that you'll never want to stop exploring. From the city lights to the expansive wilderness, Kelowna has something to offer no matter what you're in the mood for.
If you're eager to start a new lifestyle in one of the trendiest locales in BC, exploring Kelowna homes for sale is a smart choice. However, your home search will be a lot easier with the help of a professional, so contact your Kelowna real estate experts at Horizon Realty Coldwell Banker. We can help you find the perfect Central Okanagan home or answer any questions you may have about buying and selling in the Kelowna area!