West Kelowna Real Estate News!
Welcome to the Shield Real Estate Blog. This is the place to visit when you want the latest West Kelowna real estate news. I share monthly tips on a variety of local real estate topics. Everything from what the market statistics mean to how to amp up your curb appeal! Anything I can share to help you prepare your home and yourself for a potential sale is here. Along with what buyers can expect when they want to purchase a West Kelowna home for sale.
Additionally, I love to keep my customers up to date with information about recent listings and solds on my Facebook page. Staying social is a great way to keep my finger on the pulse of the market. It’s also a great way to keep my customers informed! You never know when it will be time to buy or sell a home, but at least you know who your real estate agent in West Kelowna should be!
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New Home in West Kelowna: Choosing a Location
Home buyers, Real Estate Articles, West Kelowna Real Estate NewsWhen you buy a new home, it is important to consider the location. The value of your real estate is highly dependent on where it is located. In order to choose a property that will return the highest profit, you need to know the factors of a good location. In this article, we will be going over the importance of location when buying a new home in West Kelowna. Follow along below to learn more about this topic.
Considering the Location When Buying a New Home in West Kelowna.
When you buy a home, you are also buying a plot of land. While you can always renovate or rebuild, unfortunately, you cannot change the location of your home. Brand-new homes in a bad area will never be the same price as brand-new homes in a good location. This means that location is the pinnacle of your property value. But, what makes a good location? Well, in general, there are five key features that define a good location.
The Five Factors:
In order for a house to be in a good location, it needs to be in an area that has minimal supply and a lot of demand. For instance, in Kelowna, homes that are close to the lake or on the water are hard to come by as less waterfront land becomes available. Furthermore, areas that are close to the community centre tend to go for more because of their proximity to amenities and jobs.
The next thing is the area/neighbourhood. Choosing a neighbourhood is mostly a personal preference. However, a good neighbourhood will generally have things like schools, grocery stores, a great appearance, and accessibility.
Another quality that makes a good location is the amenities—and the proposed amenities. When you buy a home, it is crucial that you do your research and look into the future developments in the neighbourhood. Things like schools, hospitals, parks, and public transit can substantially improve your home value. In contrast, new highways and industrial developments are likely to negatively affect your home’s value.
Penultimately, you’ll want to look at where the lot is located. Is it in a quiet neighbourhood with lots of green space? Or, is it on the side of a major roadway that is jammed with traffic 24/7? The proximity of the lot to noise and traffic is an important factor to consider when determining if the location is right.
Lastly, you need to consider the home on the lot. When possible, it is better to purchase a lot that is larger, better-situated, or has a view over one with a nicer home. This is because your home will depreciate in value. However, your lot will likely appreciate or hold its value.
Contact Me About a New Home in West Kelowna!
If you have any questions about purchasing a new home in West Kelowna, contact me today! I’d be happy to help you find the perfect home in a great development here in West Kelowna. Feel free to reach out with any questions or concerns that you may have about a property in the area. I look forward to working with you soon!
Moving to New Developments in West Kelowna
Developments, Real Estate Articles, West Kelowna Real Estate NewsMoving to a new real estate development is an exciting thing! More and more people are buying presale homes across Canada. This is a great way to get in on the market and find a home that’s new and tailored to your needs. However, buying homes in new developments in West Kelowna can come with some risks. It is important that you get the information right before your sign off on your new home. From planning to speaking with contractors, there’s a lot to keep in mind when you’re looking at purchasing a home in a new development. For more information on what to consider, follow along in the article below!
Things to Think About When Buying Properties in New Developments in West Kelowna.
Developers will often sell homes before they are built, especially in a community setting. This is called a presale home. Presale homes are available for purchase prior to being move-in ready. Oftentimes, this means before construction has begun! This is an important fact to consider when purchasing a home in a new development. Before you commit to buying, make sure that you know when the home will be move-in ready. And, give yourself some flexibility with that timeline. You never know when there might be a global pandemic that delays construction 😉
It is also crucial that you speak with the contractor or at least do your due diligence on them. The last thing you want is to move into a home that is poorly constructed and not reflective of the design you originally proposed. Make sure that your contractor has a stand-up reputation. And, if you can, try and visit one of their previous builds to get a sense of their real-life work. You could even speak with a previous client to be extra cautious.
Lastly, ask lots of questions. This cannot be stressed enough. When you are looking at mock-ups or renderings of the home you will be buying, make sure that you ask about all of the details. For example, what are the exact sizes of each space? How big will the appliances be? How much cabinet space do I have? Is every home the same in dimensions and finishings? What lighting will be included? All of these questions are essential when you are looking to purchase a presale home.
Contact Me Today!
If you have any questions about purchasing real estate in West Kelowna, contact me today! I’d be happy to help you find the perfect home in a new community here in West Kelowna. Feel free to reach out with any questions or concerns that you may have about a property in the area. I look forward to working with you soon!
Leisure Village West Kelowna Gated Community
Developments, Real Estate Articles, West Kelowna Real Estate NewsLiving in an age-restricted gated community provides a calm and relaxing environment. Leisure Village is a West Kelowna gated community that offers a quiet place for people to live. Discover the amazing benefits of living in a stratified community. You’ll have plenty of spare time to enjoy the beautiful Okanagan landscape. Follow along below to learn more about Leisure Village in West Kelowna!
Why live in Leisure Village?: A West Kelowna Gated Community
Leisure Village is the perfect place to settle down in. This amazing gated community is centrally located for your utmost convenience. Living in Leisure Village provides easy access to surrounding shops, restaurants, wineries, breweries, and plenty of golf courses. For instance, the Shannon Lake golf course is only a few minutes north of the community. Furthermore, there are various beaches, parks, and hiking trails to fulfill your Okanagan lifestyle goals. In addition, the Kelowna Airport is situated only 35-40 minutes away from Leisure Village depending on traffic.
Leisure Village, West Kelowna gated community operates as freehold strata. This means that owners are responsible to ensure that their home meets the visual and structural standards of the strata. Strata fees do not cover things such as weeding, planting, irrigation maintenance, snow removal, garbage, and domestic water. In addition, you must be 55+ and rentals are not allowed. Pets are permitted, however, you are only allowed to have 1 dog or cat.
If you are interested in buying a home in a West Kelowna gated community like Leisure Village, contact me today! I’d be happy to provide you with more information about gated communities in the area. Be sure to check out the information about condos in the area and stay tuned to my blog to learn more about other gated communities in West Kelowna. Feel free to reach out with any questions or concerns about a home in the area.
I look forward to getting in touch with you soon!