The Kelowna housing market was projected to head into a busy spring market after seeing increased activity since the start of 2020. However, with the current effects that COVID-19 has had on the global economy, the Kelowna market is projected to plateau into a more moderate spring/summer market with a decline in home sales.
Buyers in the area are most concerned with affordability and crime rates, as well as the possible extreme weather that the region has seen in the past, most often in the forms of flooding and fires.
So, what are the best neighbourhoods in Kelowna to buy a house? RE/MAX explores more than 300 of Canada’s most liveable hot spots in the new 2020 Liveability Report. Here are our top picks in Kelowna.
10 Most Liveable Neighbourhoods in Kelowna
North Mission – Crawford
Up and Coming Neighbourhoods in Kelowna
The most up and coming neighbourhoods in Kelowna include Kelowna North/City Centre, which is known to have easy access to bike lanes and walking paths, South Pandosy, which is regarded as being easily walkable and Capri Landmark, which is often closest in proximity to work for most residents. The neighbourhoods of Upper Mission, Lower Mission & Lakeshore are also notable as being in close proximity to Lake Okanagan.
Kelowna Liveability Trends
Liveability in Kelowna is expected to continue to improve over the next three to five years. “In time, Kelowna will become more urbanized and provide residents with increased access to amenities while still offering the gorgeous natural backdrop”.
Kelowna at a Glance
Kelowna is located in the southern interior of British Columbia and sits on Okanagan Lake in the Okanagan Valley. It is the third-largest metropolitan area in the province behind Vancouver and Victoria. The Okanagan Valley is very tourist-oriented and offers a diverse range of activities for both visitors and residents. From boating, golfing, hiking and biking in the summer to skiing and snowboarding in the winter, Kelowna is an all-season playground for many. Kelowna is also located in wine country and it is not uncommon to see vineyards and wineries scattered both throughout the city and the surrounding region.
Liveability is about quality of life at a local level. A neighbourhood’s dynamism, or lack thereof, involves a delicate convergence between independent small businesses, public institutions, arts and culture, green spaces and housing, to name a few. The COVID-19 tragedy will impact neighbourhood ecosystems differently across the country, just as the virus itself has. Yet, civic/local pride has been proliferating throughout this crisis in inspiring ways, giving Canadians hope that micro-economies, including real estate, have the resilience to be restored in the near and mid-term.
RE/MAX of Western Canada
Kayley Jackson is an English & Creative Writing graduate, as well as writer and photographer whose love for words and creativity brought her to RE/MAX. As Communications Coordinator at RE/MAX of Western Canada, Kayley creates and oversees content that appeals to buyers and sellers alike, aiming to assist them on their homebuying or selling journey. Kayley carries out public relations, communications and social media content for RE/MAX, which includes creating content and writing for the consumer-facing blog at remax.ca. When she’s not behind the lens of her camera or writing away at her desk, Kayley can be found enjoying the Okanagan lifestyle in Kelowna, BC, where she lives with her fiancé, or daydreaming about where her next travel adventure will take her. Email Kayley at firstname.lastname@example.org.