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July 2008

Summer is in full swing in the Okanagan;the weather is hot- and the real estate deals are hotter! Its hard to appreciate if you are new to ourmarketplace, but those of us who spend our time watching the inventory levels can’t help but be excited about the values available. My favourite neighbourhood to watch right now is Peachland-with this lakeside community pouring some serious money into the redevelopment of its unsurpassed stretch of public waterfront it is easy to imagine it becoming the vacation hot spot of choice once tourists get fed up with the big city vibe of Kelowna. While my heart’s in the community of Westbank/Westside ( whatever our new name will become!), it is years away from developing this type of long term vision for a sustainable and welcoming setting. The prices in Peachland are still about 10% -15% lower than comparable properties in Kelowna, and the selection of product is well supplied. Top MLS picks for this month are as follows:

Fixer uppers -9196536 $365,000 for 1200 sqft rancher on a .36 acre lot. Ravine side setting.

9193891 $399,900 for a 3 bdrm lakeview, huge lot, steps to beach

Ru6 DVLP potential - 9194406 Hosp area, huge side yard for carriage home

Condos

9195046 2 bdrm for 239,000. U/G parking, central location and pool in complex.

9185658 Huge 3 lvl townhome for 349,900

For more information on these listings, or any other product in the Central Okanagan, call me anytime,

Happy SUMMER!

This entry was posted on Saturday, July 26th, 2008 at 5:21 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.