7 BEST NEIGHBORHOODS IN KELOWNA FOR FAMILIES | VANTAGE WEST REALTY

On the hunt for the perfect neighborhood to settle down and raise your kids in Kelowna, British Columbia, Canada?

This blog highlights the 7 best family-friendly neighbourhoods in Kelowna to call your home.

We’ve based our list of family-friendly neighborhoods in Kelowna, BC, Canada on the following criteria…

 

Our Criteria For the Best Family Neighbourhoods in Kelowna, BC:

  • Safety First: A safe environment is a top concern for Kelowna families. These desirable neighbourhoods feature lower crime rates, well-lit streets, and friendly neighbors who look out for each other.

  • Excellent Schools: Access to quality education is essential. These communities have…

1577 Views, 0 Comments


Looking to invest in rental property in Canada?

Canada has a thriving real estate market, but not all cities are created equal when it comes to investment potential.

In this article, we'll highlight the top 5 cities in Canada to buy rental property - including their main attractions for VRBO and Airbnb tenants - and why they're an excellent choice for investors seeking to capitalize on Canada’s booming property rental market.

 

Condo towers with property for sale in Kelowna, British Columbia, Canada

Kelowna, British Columbia

Kelowna is a city located in the Okanagan Valley of British Columbia, and it is consistently rated as one of the best places to live in Canada. With a growing population of over 142,000 people, fantastic weather, and a strong economy, Kelowna’s healthy rental market makes it an ideal…

3274 Views, 1 Comments

Here’s my theory on why our market has been so hot lately.

Search All Homes on the MLS | Get a Home Valuation

Why, exactly, is our real estate market so crazy right now? By now, you’ve likely heard me mention there was some pent-up demand from the lockdown back in April, but that’s largely already come to pass. There’s something bigger fueling our market right now, and I believe it’s a full-on behavioral shift.

If you look back at the last 10 to 15 years, there’s been a trend away from so-called ‘McMansions’—giant homes that require lots of maintenance—toward downsizing and getting rid of unnecessary aspects. There was a sort of urban densification occurring, as people moved to city hot spots where they could walk to their favorite…

1945 Views, 0 Comments

The last thing a seller wants is to be left out of the loop, or feeling that they didn’t get as much money as they could have. Here’s how we at Vantage avoid these disappointments.

Search All Homes on the MLS | Get a Home Valuation

Here are the top three reasons people report being disappointed with their last real estate agent:

The agent communicated poorly. Just as in every other aspect of business and life relationships, a failure to consistently and clearly communicate can be disruptive. For sellers, there’s nothing worse than being left in the dark; we’ve found that sellers need to be very connected to the process. Here’s how we accomplish that:

  1. Lightning-fast feedback — as soon as we know, we let you know
  2. Market updates —…

1839 Views, 0 Comments

There are three approaches to pricing a property. Learn what they are right here.

Search All Homes on the MLS | Get a Home Valuation

There are ultimately three different strategies we can use to price a property to sell on the market. Whenever we meet with our sellers, we ask them to think about which one is most applicable to their situations.

First, we could underprice the property anywhere from 3% to 5% below the comparable homes that have sold in your area. This would help to sell your home quickly, and you’ll often get top dollar; lower asking prices typically generate multiple-offer situations. There are some risks involved in this strategy, however. If there isn’t a multiple-offer situation, you might end up selling your home for…

2608 Views, 0 Comments

Here’s what to know about the most popular and effective ways to come up with a down payment on your first home—or your dream home.

Search All Homes on the MLS | Get a Home Valuation

Many folks have a misguided notion of what’s required of them for a down payment, so I’m going to share some options that exist for homebuyers.

The high ratio program does not change the requirement of down payment over 500 entirely, the down payment is stepped. Ie: 5% on the first 500k and 10% on the remainder.

Another option is the government's homebuyer plan, which allows you to tap into any Registered Retirement Savings Plan (RRSP) contributions you’ve made over the years—up to $35,000 tax-free. You’d then have the next 15 years to put that money…

3091 Views, 0 Comments

I’m discussing why selling your home in the winter can be a great idea, and waiting for the spring market may not be in your best interest.

Search All Homes on the MLS | Get a Home Valuation

Many people think that the real estate market is dead in the wintertime. The spring and summer months are notoriously busier so people naturally think those are better times to sell their homes. In reality, that's a misconception about how the market truly works.

It has been statistically shown that some properties will sell for a higher price per square foot in January and February. There’s a definitive reason for that: The people who are shopping for homes during the winter are very motivated. These are people who need to move here, they have a…

4495 Views, 0 Comments

I'm sharing what I think the real estate market will do in 2020.

Search All Homes on the MLS | Get a Home Valuation

Here we are at the start of a new decade, 2020! Today I’m going to share some market intel, and then make some market predictions for this new year. In my opinion, this year’s market looks reasonably good.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:00: Introduction to today’s topic

0:30: Comparing 2018 and 2019 total sales

1:05: 2019 inventory

1:50: The Rein growth arrow

2:55: What the headlines have been saying about the market

3:40: My eight…

6624 Views, 0 Comments

Today I’m sharing how you can improve yourself in the coming decade and how you can help us give to families in need this holiday season.

Search All Homes on the MLS | Get a Home Valuation

Can you believe this will be our last blog of the decade? I was looking back at 2009 and thinking about where I was in my life, business, and relationships, and thinking about how far we’ve come. Have you reflected on how far you’ve come in the past 10 years? They say that people will often overestimate what they can do in a year but will almost always underestimate what they can do in a decade.

If you adopt what’s called a Kaizen approach, which is slow, incremental improvement over time, you can better your situation whether it’s income, net worth,…

1797 Views, 0 Comments

What is an iBuyer and how can Canadians take advantage? Find out here.

Search All Homes on the MLS | Get a Home Valuation

Today we’re going to discuss something you’re going to hear much more about in the coming years: iBuyers. What’s an iBuyer? The “i” stands for institution. iBuyers are institutional buyers that are popping up in the U.S. like Opendoor, Offerpad, and now Zillow Offers. These are publicly traded, Wall Street-backed companies with billions of dollars that are looking to provide a new option to home sellers and hopefully grab market share.

As you can see by the graph at 0:35 in the video above, their growth in the marketplace has been exponential. In 2019, pardon the pun, the numbers have been off the charts! Big…

3256 Views, 0 Comments