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(fr) FrançaisProperties for Sale in Kelowna, British Columbia, Canada
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1075 sqft
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0Real estate in Kelowna
The British Columbia region in western Canada draws a large number of home-buyers and investors from around the world. If you're searching for your perfect home or a condo for sale surrounded by breathtaking landscapes, Kelowna should be at the top of your list. This stunning city in the Okanagan Valley, with its lakeside location and traditional Canadian architecture, has been fondly nicknamed "Orchard City" for its lush fruit farms and panoramic views. Before you reach out to a local realtor, take a moment to explore the current market conditions, the types of properties available for sale in Kelowna, and the potential price range for purchasing a holiday home in this remarkable location. This information will give you an insight into the diverse and attractive real estate possibilities in this Canadian city, whether you are looking for a cozy lakeside cottage, a modern downtown condo, or a spacious family home surrounded by orchards. It's worth noting that Kelowna offers a perfect blend of serene lifestyle and modern amenities, attracting not just holiday home buyers, but also individuals and families who are looking to relocate permanently.
Kelowna properties: Market trends overview
Kelowna's real estate market has consistently displayed significant price progression, making it an appealing target for international investors and homebuyers, particularly from Asian countries, the U.S, Europe, and Australia. Set against the backdrop of Okanagan Lake, Kelowna provides a balance of relaxed lake town lifestyles and an active vacation spot featuring numerous entertainment venues and golf courses along with its easy connection with vibrant Vancouver. Kelowna is known for its flourishing wine industry, robust cultural scene, and excellent quality of life. Over recent years, the City of Kelowna has invested substantially in urban development, offering a variety of property types to domestic and international buyers. From modern and sleek penthouses and apartments to countryside-style houses and contemporary villas, there is a wide range of property options available. This ensures effortless property searches that cater to diverse budgets and lifestyle preferences, positioning Kelowna as one of the most inviting real estate landscapes for international home buyers.
Average price of a property for sale in Kelowna
What might you expect to pay for a property in Kelowna? The cost varies due to an array of factors such as the type of property, proximity to downtown and local beaches, available amenities, and individual requirements (luxurious additions, property size, accessibility, etc.). The latest data indicates that the peak asking price for a property for sale in Kelowna was CAD 2,500 per square meter. You can expect to find the most costly properties in the Lakeshore-Rose Valley area. The lowest prices, with an average price per square meter of CAD 1,750, are found in the Rutland-Big White area. The current average listing price for a house stands around CAD 800,000. The real estate market in Kelowna offers a wide range of price points, allowing for investments at various levels.
Types of properties can you find in Kelowna
Kelowna, British Columbia, Canada has a vibrant real estate landscape which showcases an array of properties. This includes condominiums, opulent penthouses, stunning lakefront villas, and traditional Canadian cottages. The most sought-after property for sale is often found within secure residential compounds. Here, you'll see 3-4 bedroom condominiums featuring expansive balconies. There are also 2-story homes available, each with separate entrances and outfitted with spacious terraces along with their own kitchen. An alternative choice could be a newly constructed villa in a prime location in Kelowna, offering stunning views of Okanagan Lake, and conveniently positioned within a short stroll to the beach, representing the perfect place to reside.