108-1980 Cooper Road,
Kelowna, BC | 250-861-5122

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Real estate news and trends are constantly shifting, which is why  a revolving door of current information can be helpful to anyone in the market. Use this blog as a tool to stay up to date on the Central Okanagan Real Estate market.

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Latest Okanagan Real Estate News

Costly Mistakes Home Buyers Make and How to Avoid Them

Buying a home is a major milestone, but it’s also a complex process fraught with potential pitfalls. Whether you’re a first-time buyer or looking to upgrade, avoiding common mistakes can save you time, money, and stress. In this guide, we’ll highlight the top 10 mistakes home buyers make and provide practical tips to help you ...

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The Importance of Pricing When Listing Your Home

When it comes to selling a home, pricing isn’t just a number—it’s a strategic decision that can make or break your sale. Whether you’re a first-time seller or a seasoned real estate veteran, understanding the nuances of home pricing is crucial. From market analysis and comparative pricing to psychological pricing strategies, I’ll guide you through ...

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16 Caramillo Road Kelowna, BC V1V 1B1

Stylish, turnkey 3 bed, 3 bath home in Old Glenmore with MF1 zoning! 16 Caramillo Road has it all! Custom kitchen boasts new cabinets, SS appliances, gas range, paneled dishwasher, and large slab island. The bright open plan includes a spacious dining room with sliding doors to a sun deck w/ downtown & peek-a-boo lake ...

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Kelowna ‘s 855 Saucier Avenue

LOCATION, LOCATION, LOCATION! 855 Saucier Avenue is a 4 bedroom, 2 bathroom home, tucked away in a cozy South Pandosy neighborhood of Kelowna; close to downtown Kelowna, the beach and the hospital. This 2-storey home features a modern kitchen with maple cabinets, a large island and a graciously sized dining room. The bright and airy ...

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892 Mission Springs Crescent Kelowna, BC V1W 3L9

Welcome to your dream home at 892 Mission Springs Crescent in the Lower Mission! This stunning 5-bed, 2.5 bath home boasts many modern updates and is only a stone’s throw from Rotary Beach! As you step up to the home, you will be greeted by a full exterior makeover complete with new gutters, soffits, fresh ...

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Strata Depreciation Reports

New changes have been made to the regulations under the Strata Property Act relating to Depreciation Reports. The amendments make changes to requirements for strata corporations with five or more strata lots in their strata plans. Changes have also been made to requirements for the funding that real estate developers are required to provide to ...

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BC Home Flipping Tax

Low and behold, the BC government has announced a new flipping tax that will come into effect on January 1, 2025. The proposed BC home flipping tax applies a 20% tax to income you earn from the sale of BC properties sold within 2 years of the purchase of the property. The tax applies to: ...

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Kelowna Short-Term Rental Operators Are Out of Luck!

The province has announced that there will be no exemption for Kelowna short-term rental operators. Any city request for exemptions for certain building/development sites will not be considered. The province has reasoned that granting said exemption would not meet the intent of the legislation. This means that the pending development known as “Aqua” and other ...

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Canada’s Foreign Buyer Ban

A Foreign Buyer will face an array of different obstacles in Canada. Here are a few hurdles that a Foreign Buyer will face: Non-Canadian residents should discuss these bans and taxes with professionals prior to purchasing real estate in Canada. Today, we will discuss the Foreign Buyers Ban. Foreign Buyers Ban (4 Years) The Act ...

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British Columbia’s Property Transfer Tax

Buyer’s looking to purchase or gain property in B.C. must be aware of the Property Transfer Tax. Property transfer tax exemptions – Province of British Columbia (gov.bc.ca) What is a Property Transfer Tax (PTT)? A buyer or their legal professional must file a PTT return and the Buyer must pay property transfer tax. In most cases, the PTT ...

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