Kelowna
Kelowna is a city present in the south of Columbia province of British Canada. Kelowna has amazing weather with so many outdoor activities. This is not only a beautiful city but it is also small enough that one can easily familiarize himself/herself. The Okanagan valley is a region of perfect climate for orchards, vineyards, and many more. A distinctive microclimate of the Okanagan Valley and Kelowna gives wonderful fruit orchards on either side of the Lake Okanagan. In Kelowna, the best place to live is in the center of the city, close to the lake, artsy Bernard Avenue, and Rotary Beach which one can find the best hotels in all categories.
What can new families afford in Kelowna?
Kelowna is a pretty affordable and safe place to live. The new housing construction market in Kelowna in last year following retardation due to COVID-19. The potential fallout and COVID-19 pandemic in the United States will continue to derive these situations in 2021. In Kelowna, the average sales price has increased almost 5,6% to $553,175.
Despite these circumstances, families in the city can buy an affordable house of price ranging from $400,000 to $550,000. A 2 bed and 2 bath apartment are available at 403-1206 Raymer Avenue, Kelowna, BC. This apartment with a total covering area cost only $479,9000. There are even cheaper houses in the city. A 2 bed and 2 bath apartment are available in #28 2330 Butt Road, West Kelowna. This apartment cost only $409,000. One can also afford a 3 bed and 2 bath apartment in 1603 Traut Road, Kelowna which cost $529,0000.
What type of houses can they afford?
Different Construction styles are a characteristic of each city. Kelowna also has a variety of architecture and construction styles like condos, townhouses detached, attached, multi-dimensional houses, etc. Condos owners are owners of a single apartment in a building while townhome owners own a particular piece of land.
First-time house buyers in Kelowna city are typically the families that are asking for townhomes and condominiums ranging from $400,000 to $550,000. 1st time the house buyers who faced a hard time in buying a house in 2020 are now unlikely to find relief in 2021 with a low inventory and this is looking to continue annually.
What are the cheapest neighborhoods to live in?
From downtown Kelowna at almost 15 mins drive Rutland is present which is the cheapest neighborhood to buy a house or house in Kelowna. It is a flat and a huge neighborhood which is bordered by Highway 87 to west then the city springs Golf to the northside, mission greek to the south and black mountains to east. Another cheapest neighborhood is the Black mountain which is a 25 mins drive to the east from downtown Kelowna. This is a blend of equestrian ranches and residential properties. Glenoresa is a mountainside neighbour and is becoming famous with families due to its location and affordability.
