Purchasing Luxury Waterfront Real Estate in the Okanagan

Are you considering purchasing luxury waterfront real estate in the Okanagan? A great first step is to hire real estate agents who have experience selling waterfront real estate, as it is important to have someone representing you that has your best interests in mind.

There are many important details when buying luxury waterfront property in the Okanagan. Rules and regulations are constantly changing with regards to waterfront properties, and as a client, you need to know what questions to ask. However, having a professional real estate agent on board helps you know which questions to ask and when to ask them.

Before moving to Kelowna and diving into this large investment, the following factors should be considered and carefully examined. Some of these important factors could drastically change the use of the property or even the value.  As waterfront specialists, Rob and Jason can help protect your investment and bring some clarity when buying a luxury waterfront property in Kelowna.

Things to Consider When Purchasing Luxury Waterfront Real Estate in the Okanagan waterfront:

When you are buying luxury waterfront real estate in the Okanagan, you are buying the land, but you do not own the waterfront. There are very few properties in the Okanagan where the homeowner owns the foreshore right.  This means you do not own the beach out in front of your home.

Docks

If that waterfront home has a dock, the dock must have specific permission or general permission. You must ensure it is compliant with the rules and regulations set out by the ministry. Different areas of Lake Okanagan have different requirements for dock construction.  This is based on the salmon spawning, depth of the water, protection of the foreshore and indigenous plants to name a few.  You will want to make sure your dock is a legal dock before your purchase.

Building

When buying luxury waterfront real estate in Kelowna and tearing down the current home, there are new setbacks that are now in place for new home construction on the waterfront. Years ago, structures were allowed to be closer to the water but new guidelines are in place once that old cabin or beach house is taken down.

When looking into buying a waterfront property in Kelowna, it is important to hire a real estate agent who is experienced and familiar with property regulations. They’ll be able to help make sure you’re satisfied with everything from the roof to the foundation, and everything in between.

Rob and Jason of Kelowna Life Real Estate Group and Macdonald Realty Kelowna are two of the top luxury real estate agents in the Okanagan.  They have been selling waterfront property for years and their extensive knowledge gives their clients the advantage when buying a waterfront property in the Okanagan. We look forward to helping you with all of your real estate needs. Contact us today at 250.864.5445 or info@kelownalife.ca

Okanagan Lakefront Properties

If you are seeking an empty view lot to create your custom home or prefer a turnkey property on the lakefront of the Okanagan, our professional, friendly team at Kelowna Life Real Estate Group has plenty of options available to you.

Front Row Seat To Ogopogo

Relaxing waves and an abundance of local wildlife are yours to behold. There are multitudes of properties that offer everything you are seeking: personal docks, boat lifts, boathouses and even separate guest accommodations. Imagine watching the eagles soar and the fish jump from your very own backyard! Kelowna Life can make it happen. We take pride in delivering above and beyond when it comes to our client’s wishlists.

Discover Your Oasis in the Okanagan

Enjoy a refreshing dip in the lake any time you desire. Perfect for a variety of watersports and lakeside hiking, living on the water is ideal for those who prefer an active lifestyle or enjoy being inspired by nature. Our diverse landscape provides endless hours of entertaining possibilities. Create the space that family and friends will beg to visit and capture your waterfront dreams today! We have a variety of properties to share with you. Okanagan Lake offers endless lakeshore living options. The Okanagan also offers many other options including Shannon Lake on the Westside and the memorizing turquoise of Kalamalka Lake, sandy Skaha or other options in the region. Regardless, if you prefer a place where motorized watercraft is not allowed to disturb you or you seek a location fit for wakeboarding…we’ve got you covered.

Memories On the Water Await!

Many clients desire a lakeside vacation property to visit in the summer months and others  choose to live on the water year round. Kelowna Life Real Estate Group can put you in touch with the landscape and offerings you desire, even if you’re interested in building a custom home in Kelowna. Our local team knows every inlet, bay and beach. Let us help you discover waterfront perfection at its’ finest. There are residential and commercial spaces to behold. We enjoy helping clients embrace the Okanagan lifestyle. Perfect for water skiing, tubing, wake boarding, wake surfing, sailing, swimming, fishing, SUP, kayaking and canoeing; our backyard brings people from all over the globe.

Turn A Vacation Into Your Daily Lifestyle

Our expert real estate team can help you define your lifestyle by offering properties to view that meet your criteria. Enjoy having a place to visit or live year round along the beach. Enjoy breathtaking views, ample bird life, iridescent dragonflies, Mountain Goats, deer, moose, bear, marmots and squirrels galore. Take in the fresh air, sunshiny days, delicious fruit crops and world class wineries that define our region. Kelowna and area are yours to explore! Working with a local team who knows all of the neighbourhoods and lakeside locations will help you streamline your search. From freehold semi-detached properties to waterfront condos, vacant land and every aspect in between, our team is ready to show you the latest listings! Call us today and let’s go house hunting!

Our team is available to meet with you at your convenience and show you all the different options available. Please contact us at info@kelownalife.ca, 250.864.5445 or simply click here.

How COVID-19 has changed the Real Estate industry in Kelowna

COVID-19 has changed the way many of us are doing  business now and in the future. The service industry, including restaurants, pubs, salons, to even law firms, accounting firms, and of course Real Estate Brokerages have all adopted a new normal. The Real Estate industry has adapted quickly to the changing environment to ensure safety for all of our clients while maximizing our clients experience within the new guidelines..

We have noticed a substantial increase in online traffic, and it is now more important than ever to ensure our clients properties are showcased effectively and are easily accessed online over many platforms for all to see. Kelowna Life Real Estate Group have been industry leaders in the market place when it comes to new technology and innovation and will continue to lead the way in these new times.

Showcasing your property during COVID-19 

Kelowna Life Real Estate Group continues to use every tool available to showcase your property to potential buyers in their search for a new home. Tools such as virtual tours, virtual showings, virtual open houses, extensive video and photography, drone and floor plans will reduce non qualified buyers in an effort to get the right people through your home.

Matterport Virtual Tour

Kelowna Life is continuing to use health questionnaires, social distancing, cleaning and prevention tools, and following the latest advice from both the Provincial and Federal governments. We will continue to implement any new needed protocols to do our part to encourage the safety of everyone. For additional information on COVID-19, click here.

So what everyone is really wanting to know now is…..How does all of this effect the value of our homes moving forward? Well the encouraging news is homes have been continuing to sell and people are remaining pretty optimistic about the future. We would be happy to meet with you in person ( from a social distance ) on the phone, or by zoom meeting to discuss what the market is doing now or what we anticipate the future holds. Please do not hesitate to contact Kelowna Life Real Estate Group here and we would be happy to answer any questions you may have. Stay safe and we look forward to seeing you soon.

Selling Your Home in The Spring Market

As Spring gets closer, are you getting anxious to get your home on the market? Do you know what you need for selling your home in the spring market? Have you chosen the right Kelowna Real Estate agent to sell your home? Choosing the right professional agent is the most important step when listing your Kelowna home. When you chose your agent, you should be confident in their qualifications and knowledge to get your home sold for the price you want.

Selling Your Home in The Spring Market

The Kelowna Life Real Estate Group knows that you need to be strategic when listing your home in the spring. It can be a competitive time and having the right real estate agent who is knowledgeable about the Kelowna real estate market is essential.

Tailored marketing plans, attention to detail and listening to your needs are just a few of the attributes you should be looking for in an agent.

Kelowna Life Real Estate Group

Award winning Kelowna REALTORS® Rob Nelson & Jason Abougoush with Kelowna Life Real Estate Group & Macdonald Realty Kelowna have extensive knowledge and marketing plans to ensure your home stands out from the rest. Our team includes active productive agents, a professional photographer, a social media expert, a marketing team, and an assistant to ensure we are delivering the upmost of service to our clients.

It’s an important decision when selling your home, and it’s imperative to chose wisely who you have represent you. Find out what makes us different!

Contact us today and let us help you with all your Real Estate needs while you ENJOY KELOWNA LIFE.

2020 Property Assessment – Things To Know

You have probably already received your 2020 Property Assessment in the mail. How does your assessment this year compare to last year? Did it decrease or increase? According to Okanagan area Deputy Assessor Tracy Wall, “For the Okanagan region, the majority of homeowners can expect to see stable values with slight changes from last year.”

Compare To Last Year

In Kelowna, there was a two percent drop from last year’s typical assessed value of a single-family residential property. The typically assessed value now sits at $629,000, down from $643,000. Overall, the Thompson Okanagan’s total assessments increased from about $147.7 billion in 2019 to $153.1 billion this year. A total of about $2.7 billion of the region’s updated assessments is from new construction, subdivisions, and rezoning of properties. BC Assessment’s Thompson Okanagan region includes the urban centres of Kelowna and Kamloops as well as all surrounding Okanagan and Thompson communities as listed below.

2020 property assessment Kelowna life

Does It Affect My Taxes?

Tracy Shymko explained, “It is important to understand that increases in property assessments do not automatically translate into a corresponding increase in property taxes.” “As noted on your Assessment Notice, how your assessment changes relative to the average change in your community is what may affect your property taxes.”

There’s More Info Online

BC Assessment’s website at bcassessment.ca includes more details about the 2020 property assessment. It also provides further property information and trends such as lists of 2020’s top valued residential properties across the province.

Property owners can register for a free BC Assessment custom account. Such an account unlocks additional property search features such as; check a property’s 10-year value history, store/access favourites, create comparisons, monitor neighbourhood sales, and use the interactive map.

If you have any inquires, please contact us. We would be happy to answer any questions you have!

Kelowna Winter Life Is Full Of Holiday Spirit

The holiday hustle and bustle is in full swing here in Kelowna. The streets are lined with dazzling lights and the festive cheer is palpable.  With less than a week until Christmas it is time to start enjoying all of the local festivities and joys the season brings, if you haven’t already.

One of the amazing gifts of living the Kelowna life is the ability to enjoy all four seasons at their prime. Winter is no exception. The Kelowna winter life brings big snowfalls that allow us to relive our childhood by building snowmen and getting in a good old snowball fight. The chilly days allow us to enjoy those stay in your pjs kinda days without all of the guilt. And, those days when we are lucky enough to see that beautiful sun shining and bright blue sky, we get outside and enjoy what Kelowna has to offer.

Have you been in full Buddy The Elf mood since November or do you need some ideas on how to get into the holiday spirit? You’ve either been planning your holidays since July and have already checked half of your holiday bucket list off. Or did you just realized Christmas is in a few days, haven’t even started your shopping, and need to amp your festive cheer into high gear,

Here are a few Kelowna winter life staples to get you Ho Ho Ho-liday spirit!

One of our favorite activities during the winter season that showcases the Kelowna winter life is strapping on some ice skates and visiting Stuart Park. The outdoor skating rink in the heart of Kelowna. What is more festive than ice skating outdoors under the stars and grabbing a bite afterwards from TNT Comfort Foods.

If you need a holiday cheer booster we suggest visiting Candy Cane Lane in Rutland. About 70 homes in the neighbourhood light up to provide an enchanting experience. This is a free event, however non-perishable items are accepted. Another favorite are the houses in the Wilden community. They actually do a friendly neighborhood Christmas light competition. Click HERE for a list of the best Christmas light displays in Kelowna.

However, maybe you are the kind of person who would rather enjoy the winter-ness from indoors. Don’t worry, there are numerous wineries and restaurants in Kelowna that are hosting festive events all season long. Local favorites include wreath making at Vibrant Vines Winery, and CRAFTmas on Bernard at Craft Beer Market.

We are blessed to experience the holiday season in Kelowna. With snow blanketing the landscape, twinkling lights on trees, and festive cheer everywhere, the community embraces the holiday spirit and makes Kelowna the perfect place to spend the holidays! Do you want to live the Kelowna Life?