Why Kelowna Real Estate?

Written by Kelowna Real Estate Lawyer Peter Borszcz
Posted on April 17, 2013

In my opinion, the attraction of the area is:

  1. Ease of Access– Kelowna is a one day drive (or less) from Calgary, Edmonton, Vancouver and the oil and gas fields.  The direct flight is even faster.
  2. No Health Care Issues – As someone who has had to spend a night in a foreign hospital, I can say there is a lot of value in having a health care system you understand close by.
  3. No Taxation Issues – CRA treats property across provincial boundaries exactly the same, no special filings are required.
  4. No Residency or Visa Issues – Spending a large amount of time in a foreign jurisdiction requires permission of that foreign government (a visa).
  5. A Real Four Season Lifestyle – World Class Skiing, Golfing, Beaches, Wine all in one place. If you are bored in Kelowna, I guarantee next week will be different.
  6. Good Real Estate Value – the average home price in Kelowna is lower than the average home price in Edmonton, Calgary, and Vancouver.

Those are the good things, but I also think there are many areas where Kelowna can improve, especially in the area of business development. The city needs to constantly be looking to attract businesses to the valley. Our elected officials (provincial and municipal) need to look at initiatives to: a) reduce administrative barriers for business, b) facilitate infrastructure investments that help business grow, and c) connect quality of life with quality careers.

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Craig Comeau

Craig Comeau

REALTOR®
CENTURY 21 Assurance Realty Ltd.
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