Your Okanagan Real Estate Resource | Serving Kelowna, West Kelowna, Peachland & Surrounding Communities

Advanced Search

Okanagan Real Estate News & Market Insights

Stay informed about the Okanagan real estate market with local insights from Robyn Eng, REALTOR® with eXp Realty. Explore market updates, home buying and selling advice, community information, and real estate trends throughout Kelowna, West Kelowna, Peachland and surrounding Okanagan communities. Whether you're considering buying, selling, investing, or simply keeping an eye on the local market, you'll find helpful information to guide your real estate decisions.

Oct. 19, 2026

Is Now a Good Time to Buy a Home in the Okanagan? What Buyers Should Know in 2026

 

Is Now a Good Time to Buy a Home in the Okanagan? What Buyers Should Know in 2026

If you've been watching the Kelowna real estate market and wondering whether you should buy now or continue waiting, you're certainly not alone.
I speak with buyers all the time who are interested in purchasing but are still sitting on the sidelines, waiting for the “perfect” time to make their move.
If you're financially prepared to purchase and have been waiting for the right opportunity, I believe the current Okanagan real estate market is creating one of the more favourable environments we've seen for buyers in quite some time.
I'm not saying that simply because I'm a REALTOR®. My job is to look out for my clients' best interests, help them understand what's happening in our local market, and make sure they recognize an opportunity when one presents itself.
Right now, buyers have something extremely valuable: choice, time and negotiating power.

Why Buyers Have More Opportunity in the Okanagan Right Now

The real estate market has changed significantly from the highly competitive conditions we experienced during the peak years.
Today, there are more properties available, homes are generally taking longer to sell, and buyers aren't necessarily facing the same pressure to make immediate decisions or compete against multiple offers.
That can put a qualified buyer in a much stronger negotiating position.
This doesn't mean every seller will negotiate or that every property represents a good deal. Real estate is extremely local, and conditions can vary considerably between Kelowna, West Kelowna and Peachland, as well as between detached homes, condos and townhomes.
That's why I believe it's so important to look beyond the headlines and evaluate each opportunity individually.
More Homes for Sale Means More Choice for Buyers
One of the greatest advantages buyers currently have is selection.
When there are more properties available relative to the number of buyers actively purchasing, you don't necessarily have to settle for the first suitable home you find.
You may be able to compare several properties, evaluate recent comparable sales and make a more informed decision about what a home is actually worth before submitting an offer.
More inventory can also mean that sellers are competing for buyers—not just buyers competing for homes.
That's an important shift.

Why Today's Market Can Give Buyers More Negotiating Power

Longer market times can create opportunities for buyers.
A seller whose home has been on the market for an extended period may be more willing to have a conversation about price, possession dates, inclusions or other terms.
Depending on the property and the seller's circumstances, there may also be an opportunity to include appropriate buyer conditions rather than feeling pressured to submit an aggressive, condition-free offer.
Of course, every situation is different. Part of my job when representing a buyer is to research the property, review comparable sales, look at its listing history and determine what negotiating strategy makes sense.
The asking price doesn't always tell us what a property is worth—or what a seller may ultimately be willing to accept.

Buying a Home in West Kelowna

For buyers considering West Kelowna real estate, today's market can provide an opportunity to take a more thoughtful approach to purchasing.
From Shannon Lake and Lakeview Heights to Glenrosa, Westbank and surrounding West Kelowna communities, different neighbourhoods and property types can behave very differently.
Rather than simply looking at an asking price, I help my buyers review recent comparable sales and current competition so we can determine whether a property represents good value and where there may be room to negotiate.
If you're searching for homes for sale in West Kelowna, this is a market where being patient, informed and strategic can be particularly valuable.

Buying a Home in Kelowna

The Kelowna real estate market varies considerably depending on neighbourhood, property type and price range.
A condo in downtown Kelowna can be experiencing completely different market conditions from a detached home in the Upper Mission, for example.
That's why broad statements about whether the market is “up” or “down” don't always tell buyers what they really need to know.
If you're looking at Kelowna homes for sale, I recommend focusing on the specific segment of the market you're planning to purchase in.
What have comparable properties actually sold for? How long are they taking to sell? Have sellers been reducing their asking prices? How much competing inventory is currently available?
Those numbers can tell us much more than a headline.

Buying a Home in Peachland

The Peachland real estate market is unique because it's a smaller community with fewer properties available than Kelowna or West Kelowna.
Property values can also vary considerably depending on location, lake views, lot size, property type, age and proximity to Okanagan Lake.
That makes comparable sales and local knowledge particularly important when evaluating Peachland homes for sale.
For buyers who love the lifestyle Peachland offers, a slower market can create opportunities to carefully evaluate properties and negotiate when the circumstances are right.

Should You Wait for Home Prices or Mortgage Rates to Drop?

This is one of the most common questions buyers ask me.
The reality is that none of us can perfectly time the bottom of the real estate market or predict exactly where mortgage rates will go.
And there's another factor buyers sometimes overlook.
If borrowing conditions improve significantly or consumer confidence returns, more buyers could enter the market.
More buyers can mean increased competition for desirable properties—and potentially less negotiating power.
That's why I don't recommend making a real estate decision based solely on trying to predict what the market will do six or twelve months from now.
Instead, I believe the better questions are:
Can I comfortably afford to purchase?
Does this property meet my needs?
Does the price make sense based on comparable sales?
Can we negotiate favourable terms?
Do I plan to own the property long enough for the purchase to make sense for me?
Those are questions we can actually answer.
What Could Happen if More Buyers Return to the Market?
Nobody can guarantee where real estate prices will go next.
However, markets don't remain the same forever.
If buyer confidence increases and more purchasers begin actively searching for homes, today's balance between buyers and sellers could change.
A property that has little competition today could eventually receive interest from several buyers.
That's why waiting until everyone agrees that it's a “great time to buy” can sometimes mean waiting until some of the buyer's advantage has already disappeared.
Sometimes the opportunity exists precisely because other buyers are hesitant.

How I Help Okanagan Home Buyers Make the Right Decision

My job isn't to convince you to buy a house.
If I don't believe a property makes sense, if I see concerns with its value, or if I believe additional due diligence is needed, I want my clients to know that.
When I represent a buyer, my goal is to help you understand exactly what you're purchasing and make an informed decision.
That can include reviewing comparable sales, researching the property's history, analyzing current competition, discussing an appropriate offer strategy, negotiating on your behalf and ensuring appropriate conditions are included to protect your interests.
Buying a home is a major financial decision.
You should never feel pressured into making it.
But you also shouldn't miss a potentially favourable buying environment simply because the market feels uncertain.

Ready to Explore Homes for Sale in Kelowna, West Kelowna or Peachland?

If you've been watching listings and humming and hawing about whether it's time to make a move, I think today's market is absolutely worth exploring.
You don't have to purchase simply because market conditions may favour buyers.
But if you're financially ready and the right property becomes available, I don't believe you should automatically sit on the sidelines waiting for a “perfect” market that may never arrive.
I'd be happy to look specifically at your preferred neighbourhood, price range and property type and show you what's actually happening in that segment of the Okanagan real estate market.
There is absolutely no pressure.
My goal is to give you the information you need to decide what's in your best interest.
Robyn Eng, REALTOR® | eXp Realty
Serving West Kelowna, Kelowna, Peachland & the Okanagan
KelownaPropertySearch.ca

About Robyn Eng

Robyn Eng is a REALTOR® with eXp Realty serving West Kelowna, Kelowna, Peachland and communities throughout the Okanagan. With extensive local knowledge of the Okanagan real estate market, Robyn helps buyers and sellers make informed real estate decisions based on their individual goals and current market conditions.
Posted in Home Buying Tips, Kelowna Real Estate, Market Updates, Moving to the Okanagan, Okanagan Real Estate, Peachland Real Estate, west kelowna, West Kelowna Real Estate
no comments yet
Oct. 16, 2026

Best Neighbourhoods in West Kelowna: A Local REALTOR®’s Guide

Best Neighbourhoods in West Kelowna: A Local REALTOR®’s Guide

West Kelowna offers an incredible combination of Okanagan lifestyle, beautiful scenery and a wide variety of real estate. From established neighbourhoods with mature trees and lake views to newer communities with modern homes, there are options for many different lifestyles and stages of life.
As a local REALTOR® with eXp Realty, I, Robyn Eng, help buyers and sellers navigate the West Kelowna real estate market. Having grown up in the Okanagan, I understand that choosing a home isn't only about the property itself. The neighbourhood, commute, amenities and lifestyle can be just as important.
If you're considering buying a home in West Kelowna, here are several communities worth exploring.
Lakeview Heights:
Lakeview Heights is one of West Kelowna's most established and recognizable neighbourhoods. Its location provides convenient access to the bridge into Kelowna while still offering the relaxed lifestyle associated with West Kelowna.
The area features a diverse mix of real estate, from older homes on established streets to beautifully renovated properties and luxury residences with impressive Okanagan Lake views.
Lakeview Heights is also surrounded by some of West Kelowna's renowned wineries and is close to beaches, parks and recreation.
For buyers who value an established neighbourhood, proximity to Kelowna and the potential for beautiful lake views, Lakeview Heights is an area worth considering.
Shannon Lake:
Shannon Lake is popular with buyers looking for a residential community with convenient access to schools, recreation, shopping and outdoor activities.
The neighbourhood offers a mixture of single-family homes, townhomes and other housing options. Shannon Lake itself, surrounding trails and nearby golf provide plenty of opportunities to enjoy the outdoors.
Its location also provides convenient access to both central West Kelowna and the bridge into Kelowna, making Shannon Lake an appealing option for buyers who want residential living without being far from everyday amenities.
Rose Valley:
Located above West Kelowna, Rose Valley is known for its elevated setting, established residential streets and access to outdoor recreation.
The neighbourhood is close to Rose Valley Regional Park, where residents can enjoy an extensive trail network and beautiful Okanagan scenery.
Rose Valley can be particularly appealing to buyers who want to remain relatively close to the bridge and Kelowna while enjoying a quieter residential setting on the West Kelowna side.
Glenrosa:
Glenrosa is a large residential area in southern West Kelowna offering a variety of housing styles and price points.
The community is surrounded by hills and natural scenery and provides access to schools, parks and outdoor recreation. Depending on the property's location, buyers may also find homes with valley, mountain or lake views.
For buyers searching for homes for sale in West Kelowna, Glenrosa can be worthwhile to include because of the variety of properties available throughout the neighbourhood.
Smith Creek:
Smith Creek sits above West Kelowna and is known for its hillside setting and expansive views from many properties.
The area includes established homes as well as newer construction and provides convenient access to hiking and mountain biking trails.
Buyers who prioritize views, outdoor recreation and a residential setting may want to include Smith Creek in their West Kelowna home search.
Tallus Ridge:
Tallus Ridge is one of West Kelowna's newer residential communities and has continued to grow over the years.
The neighbourhood features modern homes, newer construction and a setting surrounded by Okanagan hills and natural landscape. It provides access to trails and recreation while remaining within a relatively short drive of shopping and other West Kelowna amenities.
For buyers who prefer newer homes and contemporary neighbourhood design, Tallus Ridge is worth exploring.
West Kelowna Estates:
West Kelowna Estates offers a convenient location on the northern side of West Kelowna, particularly for buyers who want relatively quick access to the bridge into Kelowna.
The area contains a variety of homes, including established properties and residences positioned to take advantage of the surrounding terrain and views.
Its combination of location, residential atmosphere and access to outdoor recreation makes West Kelowna Estates another community to consider when searching for a home.
Westbank & Central West Kelowna:
For buyers who place a high priority on convenience, Westbank and central West Kelowna provide easy access to shopping, restaurants, services, recreation and other everyday amenities.
Housing options include single-family homes, condominiums, townhomes and adult-oriented communities.
Buyers searching this part of West Kelowna may also encounter both freehold and leasehold real estate. Understanding the property's land ownership and the terms associated with a leasehold property is an important part of evaluating whether a particular home is right for you.
There isn't one West Kelowna neighbourhood that's best for everyone.
A buyer prioritizing lake views may focus on different communities than someone looking for newer construction, proximity to schools, a shorter commute into Kelowna or easy access to hiking and recreation.
Your price range, preferred property type and long-term plans also make a significant difference.
That's why I recommend looking at the neighbourhood and the property together when deciding where to buy.
Thinking about making a move? Explore current West Kelowna real estate and homes for sale to see properties currently available throughout the community.
Buying or Selling Real Estate in West Kelowna?
Whether you're relocating to West Kelowna, moving within the community, purchasing your first home, downsizing, investing or preparing to sell, having local knowledge can help you make a more informed decision.
As a West Kelowna REALTOR®, I'd be happy to help you explore neighbourhoods, compare available properties, arrange showings or discuss the current West Kelowna real estate market.
If you're considering selling, I can also provide information about recent comparable sales and help you determine the potential market value of your West Kelowna property.
Robyn Eng, REALTOR®
eXp Realty
KelownaPropertySearch.ca
Posted in Buying a Home, Okanagan Real Estate, west kelowna, West Kelowna Real Estate
no comments yet
Oct. 8, 2026

10 Things I Wish Every Buyer Knew Before Buying a Home in Kelowna or West Kelowna

10 Things I Wish Every Buyer Knew Before Buying a Home in Kelowna or West Kelowna

Buying a home is exciting—but after helping buyers look at properties throughout Kelowna, West Kelowna and the Okanagan, I've learned that some of the most important things to consider aren't necessarily the things that first catch your eye in a listing.
A beautiful kitchen, Okanagan Lake view or attractive asking price may get you through the door, but understanding the whole property is what helps you decide whether you've actually found the right home.
I'm Robyn Eng, a REALTOR® with eXp Realty, helping buyers and sellers throughout Kelowna, West Kelowna, Peachland and surrounding Okanagan communities.

Here are 10 things I wish every buyer knew before purchasing a home in Kelowna or West Kelowna.

1. The Asking Price Doesn't Tell You What a Home Will Actually Cost to Own
It's natural to begin your search by looking at price.
But two properties listed at the same price can have very different monthly ownership costs.
Depending on the property, buyers may also need to consider:
- Strata fees
- Lease payments
- Property taxes
- Utilities
- Insurance
- Maintenance costs
- Upcoming strata expenses or special levies
This is particularly important when comparing different property types.
A condo with a higher strata fee, for example, shouldn't automatically be eliminated without first looking at what that strata fee includes.
When I'm helping buyers compare properties, I prefer to look beyond the asking price and consider the bigger financial picture.
2. A Low Strata Fee Isn't Automatically a Good Thing
This one surprises some buyers.
When looking at Kelowna or West Kelowna condos and townhomes, it's tempting to see a low monthly strata fee as a major advantage.
Sometimes it is.
But the number alone doesn't tell you how financially healthy the strata is.
I want my buyers to understand things such as the contingency reserve fund, depreciation report, insurance, recent meeting minutes, planned projects, previous or upcoming special levies and exactly what their monthly strata fee covers.
A well-managed strata with appropriate funding can sometimes be more appealing than a property with an unusually low fee but significant expenses on the horizon.
3. Days on Market Can Tell a Story
When a home has been sitting on the market for a long time, buyers often assume something must be wrong with it.
That's not necessarily the case.
There can be many reasons a property hasn't sold.
Perhaps it originally entered the market overpriced. Maybe the seller previously wasn't motivated. The property could have an unusual layout, higher monthly fees, dated finishes or simply appeal to a smaller group of buyers.
This is where looking at the listing history becomes useful.
Has the price been reduced? Was it previously listed? Has it expired or been cancelled before? What have comparable properties actually sold for?
Sometimes a longer time on market can create an opportunity—but first I want to understand why the property hasn't sold.
4. In West Kelowna, Understanding the Land Matters
If you're searching for West Kelowna real estate, you'll likely encounter both freehold and leasehold properties.
And that distinction matters.
Some properties on the Westside are located on Westbank First Nation lands and are offered as leasehold interests.
That doesn't automatically make a leasehold property a bad purchase.
It does mean buyers should understand what they're purchasing, including the applicable lease, remaining term, payments, financing considerations and other relevant conditions.
This is one area where I never want a buyer making assumptions based solely on the property's asking price.
5. Don't Automatically Rule Out a Neighbourhood Before You Explore It
Many buyers contact me with a very specific location in mind.
That's a great starting point—but I encourage buyers to remain somewhat open-minded.
Someone initially searching for a home in Kelowna might discover that West Kelowna offers a property that better matches their priorities. Likewise, someone focused on West Kelowna may discover the right property across the bridge.
Even within the cities themselves, neighbourhoods can feel remarkably different.
In Kelowna, areas such as Glenmore, Lower Mission, Upper Mission, Black Mountain and Rutland offer different housing options and lifestyles.
In West Kelowna, buyers may explore Lakeview Heights, Shannon Lake, Rose Valley, Smith Creek, Glenrosa and Westbank, among others.
Sometimes the neighbourhood you fall in love with isn't the one you expected.
6. A Lake View Isn't Just a Lake View
We're fortunate to have some incredible lake-view properties throughout the Okanagan.
But when you're paying a premium for a view, look carefully at exactly what you're getting.
Is the view panoramic or partial?
Can you see it from the primary living spaces, or only from one corner of the deck?
What is located between the property and the lake?
Could future development potentially affect the view?
And how does that property's view compare with other recent sales?
The words “lake view” in a listing description can mean very different things from one property to another.
7. Don't Let Beautiful Finishes Distract You From the Property Itself
It's easy to walk into a beautifully staged home with a renovated kitchen and immediately fall in love.
But countertops and paint colours are only part of what you're buying.
Depending on the property, I'm also thinking about things like the age and condition of the roof, windows, heating and cooling systems, hot water tank, plumbing, electrical, drainage, renovations, permits, strata documents, insurance considerations and other property-specific issues.
Cosmetic updates can be changed.
Some of the less exciting parts of a home can be considerably more expensive to deal with later.
8. Online Photos Never Tell the Entire Story
Professional real estate photography is incredibly important—but photos have limitations.
They can't always show you road noise, neighbouring properties, steep driveways, the actual size of bedrooms, natural light, parking challenges or how a floor plan feels when you're standing inside it.
That's why a property that looks perfect online may feel completely different during a showing.
The reverse can happen too.
I've seen properties that buyers weren't excited about online become serious contenders once they saw them in person.
Use online listings to narrow your search—but don't necessarily make your final decision from the photos.
9. The Lowest Offer Isn't Necessarily the Best Opening Offer
Buyers understandably want to get the best possible price.
But determining what to offer should involve more than simply choosing a number below asking.
Before recommending an offer strategy, I like to consider the property's comparable sales, listing history, days on market, previous price reductions, current competition, condition and what we know about the seller's situation.
A property that was listed yesterday can require a very different strategy from one that's been sitting on the market for several months.
The goal isn't simply to submit the lowest offer possible.
It's to understand your negotiating position and make an informed decision about the property.
10. Your REALTOR® Should Do More Than Open the Door
This may be the most important point on my list.
You can find beautiful homes online yourself.
Where a REALTOR® can provide significant value is helping you understand what you're actually looking at once you've found one.
When I'm working with a buyer, I'm not simply asking, “Do you like it?”
I'm looking at the property history. I'm considering comparable sales. I'm looking at potential resale considerations. If it's a strata property, there are documents to review. If it's leasehold, there are additional considerations to understand.
And if something concerns me, I believe my buyer should know about it.
My goal isn't simply to help my clients buy a property.
It's to help them make an informed decision about whether they're buying the right property for them.

Thinking About Buying a Home in Kelowna or West Kelowna?

Whether you're beginning your search, relocating to the Okanagan or have already found a property you're interested in, I'd be happy to help you navigate the process.
I can also create a customized property search based on your preferred communities, budget, property type, bedrooms and bathrooms, strata preferences, pets, garage, yard, views and other features that matter to you.
And if you're not sure whether Kelowna or West Kelowna is the better fit, we can search both.
Sometimes seeing what's actually available is the best way to figure out where you belong.
Robyn Eng | REALTOR®
eXp Realty
Serving Kelowna, West Kelowna, Peachland and surrounding Okanagan communities
KelownaPropertySearch.ca
Ready to start your home search? Contact me today and let's talk about what you're looking for.
Posted in Buying a Home, Kelowna Real Estate, Okanagan Real Estate, West Kelowna Real Estate
no comments yet
Oct. 6, 2026

West Kelowna Real Estate: Why Buyers Are Choosing the Westside

West Kelowna Real Estate: Why Buyers Are Choosing the Westside

If you're thinking about buying a home in the Okanagan, West Kelowna real estate deserves a serious look.
As a West Kelowna REALTOR® who lives locally and works with buyers and sellers throughout the Central Okanagan, I find one of the biggest advantages of West Kelowna is simply the variety.
From established family neighbourhoods and newer developments to lake-view properties, townhomes, condos, 55+ communities and homes on both freehold and leasehold land, West Kelowna offers buyers options at many different stages of life.
And then there's the lifestyle.
Okanagan Lake, beaches, hiking trails, golf, wineries, shopping and restaurants are all close by, while Kelowna is just across the William R. Bennett Bridge. Areas such as Lakeview Heights, Shannon Lake, Smith Creek, Glenrosa, West Kelowna Estates, Gellatly and Westbank each offer something a little different. 

Freehold vs. Leasehold Real Estate in West Kelowna

One thing that makes the West Kelowna real estate market particularly unique is the availability of both freehold and leasehold properties.
What is a freehold property?
With traditional freehold ownership, you generally purchase the home as well as the land it sits on.
For buyers who specifically want traditional land ownership, West Kelowna has plenty of freehold options ranging from condos and townhomes to single-family and luxury lake-view properties.
What is leasehold property?
West Kelowna and the surrounding Westside also have a significant number of residential communities located on Westbank First Nation land.
In a leasehold property, you purchase an interest in the home/property while the underlying land remains owned by another party. The specific lease structure, remaining term, payments and conditions vary by development. 
This is an area where working with a REALTOR® familiar with West Kelowna can be especially valuable.
Leasehold shouldn't automatically be viewed as either “good” or “bad.” For the right buyer, it can offer some compelling advantages.
Why Would Someone Buy a Leasehold Home in West Kelowna?
One of the biggest attractions can be value.
Because you're not purchasing the underlying land, some leasehold properties can offer buyers an opportunity to purchase a home, location, view or community that might otherwise be outside their budget.
Westbank First Nation also identifies potential advantages associated with purchasing on its leasehold land, including long-term registered leases and, for many properties, savings related to property transfer tax and speculation tax. The exact tax treatment and lease terms should always be confirmed for the individual property before purchasing. 
Financing can also differ from conventional freehold ownership, which is why I recommend buyers speak with a lender who understands the particular lease before removing financing conditions.

Why Buy a Home in West Kelowna?

For me, West Kelowna's appeal goes far beyond the house itself.
You can spend the morning walking along Okanagan Lake, hike around Mount Boucherie or one of our regional parks, visit one of the area's wineries, and still be within convenient reach of Kelowna.
Neighbourhoods also offer dramatically different lifestyles.
Lakeview Heights is known for beautiful lake views, established homes and proximity to wineries and the bridge.
Shannon Lake offers an established residential setting with recreation and family-oriented neighbourhoods.
Smith Creek and Glenrosa offer hillside communities with a mixture of established and newer homes.
Gellatly puts you close to some of West Kelowna's best-known waterfront recreation.
And Westbank offers convenient access to shopping, services and many different housing options. 

Looking for a West Kelowna REALTOR®?

Whether you're searching for a West Kelowna home for sale, considering a move from another part of the Okanagan, relocating to British Columbia, or trying to understand whether freehold or leasehold ownership makes more sense for you, I'd be happy to help.
I live in West Kelowna and work with buyers and sellers throughout West Kelowna, Kelowna, Peachland and the surrounding Okanagan.
My goal isn't simply to send you listings. It's to help you understand the neighbourhood, property, ownership structure and market so you can make an informed decision.
Robyn Eng | REALTOR®
eXp Realty
KelownaPropertySearch.ca
Posted in west kelowna, West Kelowna Real Estate
no comments yet
Oct. 5, 2026

The True Cost of Buying a Home in Kelowna: What Buyers Need to Look at Beyond the Purchase Price

The True Cost of Buying a Home in Kelowna | Okanagan Buyer Guide

When searching for a home in Kelowna or elsewhere in the Okanagan, it’s easy to focus primarily on one number: the asking price.
But the purchase price doesn’t always tell you which property is the most affordable—or which one represents the best value.
Two homes listed at the same price can have significantly different monthly ownership costs. In some cases, a slightly more expensive property may actually cost less to own each month than a lower-priced alternative.
That’s why I encourage my buyers to look at the complete financial picture before deciding which property is right for them.

1. Strata Fees: Look at More Than the Monthly Amount

If you're considering a condo or townhouse in Kelowna, West Kelowna, Peachland or another Okanagan community, strata fees will likely be one of your regular monthly expenses.
But comparing strata properties based solely on which one has the lowest fee can be misleading.
One development may charge $300 per month but include relatively little, while another may charge $600 and include expenses you would otherwise be paying separately.

Depending on the development, strata fees may contribute toward expenses such as:

Building insurance
Water and sewer
Hot water or heating
Landscaping
Snow removal
Garbage and recycling
Building maintenance
Property management
Caretaker services
Pools, hot tubs, fitness facilities or clubhouses

Instead of simply asking, “How much are the strata fees?”, I recommend asking:

“What do the strata fees include, and what am I responsible for separately?”
That provides a much more meaningful comparison.

2. The Financial Health of the Strata Matters Too

The monthly fee is only one part of evaluating a strata property.
Before purchasing, buyers should carefully review the available strata documentation. This can help uncover information that isn't visible during a showing.

Depending on the property and documents available, this may include reviewing the strata's:

Meeting minutes
Financial statements and budgets
Contingency reserve fund
Depreciation report
Insurance information
Bylaws and rules
History of special levies
Planned repairs and capital projects
A building with relatively low strata fees isn't necessarily a better investment if major expenses have been deferred or the strata isn't adequately prepared for future repairs.
Conversely, a property with higher fees may have strong financial planning and include numerous services or amenities.
The goal isn't necessarily to find the lowest strata fee. It's to understand what you're paying for and the financial position of the strata you're buying into.

3. Leasehold and Land-Lease Properties in the Okanagan

Another important consideration when searching for Okanagan real estate is whether a property is freehold or leasehold.
There are a number of leasehold and land-lease communities throughout the Okanagan.
These properties can sometimes have attractive purchase prices compared with similar freehold homes, but buyers need to understand the complete cost structure.
Depending on the property, there may be additional monthly lease, maintenance, association or other fees.
The terms and remaining length of the lease can also be important considerations, as can financing and resale.
This doesn't automatically make a leasehold property a poor choice. For the right buyer, certain leasehold communities can offer excellent homes and amenities.
It simply means that the list price shouldn't be considered in isolation.

 

4. Property Taxes

Property taxes are another expense that should be included when comparing homes.
Taxes can vary considerably based on the property's location, assessed value and other factors.
If you're comparing several properties within your budget, looking at the previous year's property taxes can give you a better idea of your overall annual ownership expenses.

5. Home Insurance

Insurance has become another important consideration for Okanagan homeowners.
The cost and availability of insurance can vary based on the property itself, its location, construction and other risk factors.
For strata buyers, it's also important to understand the difference between the strata corporation's insurance and the coverage you'll need for your individual unit.
Obtaining an insurance quote before removing subjects can help prevent an unexpected expense after purchasing.

6. Utilities and Ongoing Maintenance

A home's monthly operating costs shouldn't be overlooked either.
A detached house with a large yard may have very different expenses from a condo where exterior maintenance is handled through the strata.

Consider things such as:

Electricity and natural gas
Water and sewer
Heating and cooling
Landscaping
Snow removal
Exterior maintenance
Roof, windows and major mechanical systems
Age and condition of the furnace, air conditioner and hot water system
A beautifully renovated older home may still have aging mechanical systems, while a newer property may offer greater efficiency and fewer immediate maintenance expenses.
These are all factors worth considering when determining the property's overall value.

A Lower Purchase Price Doesn't Always Mean a Less Expensive Home

Imagine comparing two properties.
Property A has a lower asking price but comes with substantial monthly fees and several additional expenses.
Property B costs slightly more but has lower ongoing costs and includes services that you'd otherwise pay for separately.
Once everything is calculated, Property B could potentially be the more affordable option over time.

That's why I believe buyers should ask:

“What will this property actually cost me to own?”
—not simply:
“What is the asking price?”

Buying a Home in Kelowna or the Okanagan?

There are many factors that make Okanagan real estate unique, from strata developments and resort-style communities to leasehold properties, 55+ communities, lakefront homes and traditional freehold properties.
Having the right information allows you to compare properties based on their true value and overall cost of ownership, rather than simply their listing price.
When I'm helping buyers search for a home, my goal is not just to find properties within their price range. It's to help them understand what they're purchasing, identify important considerations and make an informed decision before moving forward.
If you're thinking about buying a home in Kelowna, West Kelowna, Peachland, Lake Country, Summerland, Penticton or elsewhere in the Okanagan, I'd be happy to help you navigate the process.
Robyn Eng | REALTOR®
eXp Realty
KelownaPropertySearch.ca
Posted in Buying a Home, Kelowna Real Estate, Moving to the Okanagan
no comments yet
Sept. 29, 2026

What Is My Home Worth? How to Price Your Home to Sell

What Is My Home Worth? How to Price Your Home to Sell

If you're thinking about selling your home in Kelowna, West Kelowna, Peachland or the surrounding Okanagan, one of the first questions you probably have is:

What is my home worth in today's market?

It’s an important question—and the answer involves much more than looking at an online home-value estimate or comparing your property to the house that sold down the street.
Every property is different, and determining the right listing price requires a closer look at your home, your neighbourhood, recent sales and the properties you'll be competing against when you hit the market.
As a local Okanagan REALTOR® with eXp Realty, this is one of the most important parts of preparing a property for sale.

How Is Your Kelowna Home Value Determined?

A professional market evaluation looks at several factors that can influence the value and marketability of your home.
These can include:
Recent comparable home sales
Current homes for sale in your neighbourhood
Expired and cancelled listings
Property type and lot size
Age and condition of the home
Renovations and upgrades
Number of bedrooms and bathrooms
Garage and parking
Views and outdoor living space
Location and neighbourhood
Strata fees and amenities, when applicable
Current buyer demand and market conditions
For example, the value of a Kelowna condo can't simply be compared with the overall Kelowna housing market. The building, floor, view, renovations, parking, storage, strata fees and competing units can all affect what buyers are willing to pay.
The same principle applies to West Kelowna homes, Peachland properties, townhomes, lake-view homes and luxury real estate.

Why the Highest Listing Price Isn't Always the Best Strategy

It can be tempting to list high and reduce the price later if necessary.
But today's buyers have access to an incredible amount of real estate information online. They can see competing homes, price reductions and how long a property has been listed.
If a home enters the market significantly above what buyers perceive as fair value, you risk missing some of the strongest interest that often occurs when a listing is new.
The goal should be to position your home strategically within the current market—not simply choose the highest possible asking price.

Why I Look at Expired and Cancelled Listings Too

Recently sold properties tell us what buyers have been willing to pay.
But I also like to consider expired and cancelled listings when evaluating a property.
Why?
Because they can help tell us what the market didn't accept.
If similar properties were repeatedly listed at a certain price and didn't sell, that's useful information when developing a pricing strategy for your own home.
Combining sold properties, active competition and unsuccessful listings can provide a much clearer picture of the market.

Preparing Your Home for Sale in the Okanagan

Pricing is only one part of a successful listing strategy.
Presentation matters too.
Professional photography, thoughtful preparation, accurate property information and strong online marketing can help your home make the best possible first impression.
Most buyers will encounter your property online before deciding whether to book a private showing. Your listing needs to capture their attention there first.

Selling a Home in Kelowna, West Kelowna or Peachland?

Real estate is extremely local.
Even within the same city, two neighbourhoods—or sometimes two properties only a few streets apart—can perform differently.
That's why I recommend having a property-specific market evaluation completed rather than relying exclusively on broad Okanagan averages or automated online estimates.

If you're wondering:

“What is my Kelowna home worth?”
“What is my West Kelowna home worth?”
“Should I sell my Okanagan home now?”
“What price should I list my home for?”
I'd be happy to take a closer look at your property and current competition.
Whether you're preparing to sell soon or simply curious about your property's current value, understanding where you stand is a great place to start.
Robyn Eng | REALTOR®
eXp Realty
Serving Kelowna, West Kelowna, Peachland and surrounding Okanagan communities
KelownaPropertySearch.ca
Thinking about selling? Contact me for a personalized market evaluation and let's determine how your property fits into today's Okanagan real estate market.
Posted in Okanagan Listing, Okanagan Real Estate, Selling a Home
no comments yet
Sept. 29, 2026

Looking for a REALTOR® in Kelowna or the Okanagan? Why Local Knowledge Matters

Looking for a REALTOR® in Kelowna or the Okanagan? Why Local Knowledge Matters

Buying or selling a home is about much more than the property itself. When you're navigating Kelowna real estate, West Kelowna real estate, Peachland real estate or the broader Okanagan housing market, having a REALTOR® who understands the local communities, neighbourhoods and property types can make an important difference.
I’m Robyn Eng, a REALTOR® with eXp Realty, helping buyers and sellers throughout Kelowna, West Kelowna, Peachland and surrounding Okanagan communities.
Having grown up in the Okanagan, I know there is much more to choosing a home here than simply finding a property you like. Where you live can affect your commute, lifestyle, access to the lake, recreation, shopping and the type of ownership or property considerations you may encounter.
Whether you're relocating to the Okanagan, buying your first home, moving up, downsizing or preparing to sell, my goal is to provide honest communication, local knowledge and personalized guidance throughout the process.

Buying a Home in Kelowna and the Okanagan

If you're searching for homes for sale in Kelowna, one of the first decisions is determining which neighbourhood and property type best fit your lifestyle and budget.
Kelowna offers everything from downtown condos and townhomes to established family neighbourhoods, newer developments, lake-view homes and luxury properties.
Neighbourhoods such as Glenmore, Lower Mission, Upper Mission, Black Mountain, Rutland and downtown Kelowna each offer something different.
But buyers shouldn't necessarily limit their search to Kelowna.

Should You Consider West Kelowna?

For many buyers, West Kelowna real estate deserves to be part of the search.
West Kelowna offers established neighbourhoods, newer developments, condos, townhomes, family homes, rural properties and beautiful lake-view homes. Buyers also have access to wineries, beaches, trails, golf, shopping and recreation.
One important consideration is that West Kelowna includes both freehold and leasehold real estate, including properties on Westbank First Nation lands. Understanding the ownership structure, lease terms and property-specific costs is an important part of evaluating certain West Kelowna properties. 
If you're unsure which side of the bridge is right for you, comparing actual properties in both communities can often provide much more clarity than choosing a location before beginning your search.

What About Peachland Real Estate?

For buyers looking for a smaller lakeside community, Peachland real estate offers another distinctive Okanagan lifestyle.
Located along Okanagan Lake between West Kelowna and Summerland, Peachland offers waterfront recreation, a charming lakeside setting and hillside neighbourhoods with beautiful lake and mountain views. 
Because Peachland is smaller than Kelowna or West Kelowna, available inventory can sometimes be more limited. Having a customized property search in place can help you stay informed when suitable properties become available.

Relocating to the Okanagan?

If you're moving to the Okanagan from another city or province, choosing the right community can feel overwhelming.
Kelowna, West Kelowna, Peachland, Lake Country, Summerland, Penticton and Vernon all offer different lifestyles and real estate options. 
Before narrowing down your search, I recommend considering:
Your budget and financing
Commute and everyday driving requirements
Preferred property type
Proximity to schools, shopping and amenities
Access to beaches, trails and recreation
Strata fees and restrictions, if applicable
Your long-term plans for the property
Sometimes the community a buyer originally has in mind isn't ultimately where they find the property that fits them best.

Selling a Home in Kelowna, West Kelowna or Peachland

Local knowledge is just as important when selling.
Your home's value isn't determined simply by an online estimate or an Okanagan-wide average. Neighbourhood, property type, condition, upgrades, lot, views, competing inventory and recent comparable sales can all affect how a property should be positioned.
When preparing a home for market, I believe in looking closely at both recently sold properties and your current competition.
Professional presentation and marketing are also important. Your home needs to capture attention online before a potential buyer ever walks through the door.
The goal isn't simply to put your property on the MLS®—it's to position and market it effectively to the buyers most likely to purchase it.
More Than Property
Real estate is ultimately about people, homes and community.
I love getting to know my clients throughout the process, understanding what matters to them and building relationships based on honesty, communication and trust.
Whether you're buying your first condo, relocating your family, searching for an Okanagan Lake-view property, downsizing or preparing to sell a longtime home, every move has a different story behind it.

Looking for a Kelowna, West Kelowna or Okanagan REALTOR®?

If you're thinking about buying or selling real estate in Kelowna, West Kelowna, Peachland or elsewhere in the Okanagan, I'd be happy to help.
You can search available Okanagan properties, explore different communities or contact me to create a customized property search based on exactly what you're looking for.
Robyn Eng | REALTOR®
eXp Realty
Serving Kelowna, West Kelowna, Peachland & surrounding Okanagan communities
Posted in Buying a Home, Kelowna Real Estate, Okanagan Real Estate, Selling a Home, West Kelowna Real Estate
no comments yet
Sept. 29, 2026

Kelowna Real Estate Market Update Fall 2026 | Okanagan Housing Market

Kelowna & Okanagan Real Estate Market Update: What Buyers and Sellers Need to Know in Fall 2026

If you’ve been watching the Kelowna real estate market and wondering whether now is the right time to buy or sell, you’re not alone.
As we move into fall 2026, the Okanagan real estate market continues to offer opportunities for both buyers and sellers—but today's market rewards preparation, realistic pricing and a strong understanding of what is happening at the local level.
From Kelowna and West Kelowna to Peachland, Lake Country, Summerland, Penticton and Vernon, real estate conditions can vary significantly by neighbourhood, property type and price range.
Here’s what Okanagan buyers and sellers should know heading into the fall market.

What Is Happening in the Okanagan Real Estate Market Right Now?

The latest monthly statistics from the Association of Interior REALTORS®, released September 3, show that 1,141 residential properties sold across the Association's Interior B.C. region during August 2026. That was down from 1,496 sales in July and 13.4% lower than August 2025. 
However, supply also moved lower. There were 9,378 active residential listings across the Association region in August, representing a 7.7% decrease from a year earlier. New listings were also down 17.9% year over year. 
August's activity was also affected by wildfires in Interior communities. The Association noted that evacuations, property losses and the understandable shift in residents' priorities contributed to slower real estate activity during the month. 
This is important context: one slower month doesn't necessarily tell the entire story of the Kelowna and Okanagan housing market.
Okanagan Home Prices Have Not Moved in One Direction
One of the most important things for buyers and sellers to understand is that there isn't really one single "Okanagan market."
Detached homes, condos and townhomes can behave differently—and so can individual communities.
In July, for example, the benchmark price of a single-family home in the Central Okanagan was $1,072,400, up 2.3% compared with July 2025. At the same time, the Central Okanagan townhome benchmark was $709,500, down 2.4% year over year, while the condominium benchmark was $490,700, down 2.0%. 
The Association reported another mixed picture in August: single-family benchmark prices increased year over year across the Okanagan sub-regions, while townhome benchmark prices declined in most Okanagan sub-regions. Condo benchmarks also declined in most areas, with the South Okanagan being an exception. 
That's exactly why homeowners should be cautious about relying on a provincial headline or an overall Okanagan average to estimate the value of their own property.
Your neighbourhood, property type, condition, view, lot, age, strata fees and competing inventory can all influence what buyers are willing to pay.

What Does the Current Market Mean for Kelowna and West Kelowna Sellers?

For anyone thinking about selling a home in Kelowna, West Kelowna or Peachland, pricing strategy matters.
Buyers have access to a tremendous amount of information online. They can quickly compare your property against competing listings, recent sales, price reductions and properties that have been sitting on the market.
That means simply listing high to "see what happens" can work against a seller.

A strong listing strategy should consider:

Recent comparable sales in your immediate area
Current competing listings
Previous expired and cancelled listings
Days on market
Property condition and upgrades
Professional photography and presentation
Pricing within the property's actual buyer pool
With active inventory across the wider Interior actually lower than it was a year ago in August, sellers shouldn't automatically assume they have missed their opportunity by not listing during spring or early summer. 
A well-priced and well-marketed property can still attract motivated fall buyers.

Is Fall 2026 a Good Time to Buy a Home in Kelowna?

For buyers searching homes for sale in Kelowna, West Kelowna, Peachland or elsewhere in the Okanagan, the current environment can create opportunities—but those opportunities will vary from property to property.
A home that has just been listed and is attracting significant attention may offer very different negotiating conditions from a property that has been on the market for several months or has undergone multiple price reductions.
This is where researching a property's listing history, previous purchase history, comparable sales and current competition can become extremely valuable.

Rather than asking only, "Is this a buyer's market?", a more useful question can be:

What negotiating position do I have on this particular property?
That's something I help my buyers determine before deciding how to structure an offer.
Interest Rates Are Another Important Part of the 2026 Market
Financing remains an important factor for Okanagan home buyers.
At its September 2, 2026 announcement, the Bank of Canada maintained its policy interest rate at 2.25%. The rate has remained at that level since late 2025. 
Keep in mind that the Bank of Canada's policy rate is not the same thing as the mortgage rate a buyer will receive. Mortgage rates vary based on the lender, mortgage type, term, borrower and bond-market conditions.
If you're considering purchasing, getting properly pre-approved before seriously shopping can help establish a realistic price range and allow you to act when the right property becomes available.

Another Kelowna Real Estate Change: Short-Term Rental Rules

There has also been a significant 2026 change that may be relevant to some Kelowna property owners and investors.
Effective June 1, 2026, Kelowna received an exemption from B.C.'s provincial principal-residence requirement for short-term rentals. However, local restrictions still apply, so this should not be interpreted to mean that every Kelowna property can now operate as a short-term rental. 
Anyone considering a condo or investment property for short-term rental purposes should investigate the specific municipal zoning, provincial registration requirements and applicable strata bylaws before purchasing.

What Is Happening With Kelowna's Rental Market?

The rental market is changing as well.
According to information highlighted by the Province in September, asking rents for purpose-built rentals in Kelowna were down 5.2% year over year in the referenced rental report. Across British Columbia, average asking rents were down 4.7% year over year. 
For real estate investors, this is another reminder that an investment-property decision should be based on realistic numbers—not simply the assumption that rents will continually increase.

What Is Expected for B.C. Real Estate Going Into 2027?

BCREA's August forecast projected 69,325 MLS® residential sales across British Columbia in 2026, a 1.2% decline from 2025. It then projected sales activity increasing 7.5% to 74,500 transactions in 2027. 
Forecasts are not guarantees, and provincial numbers don't tell us exactly what will happen in an individual Okanagan neighbourhood.
They do, however, reinforce why buyers and sellers may want to make decisions based on their own circumstances and current local data rather than trying to perfectly time the market.

Should You Buy, Sell or Wait?

There is no single answer that applies to everyone.
If you're selling, the right decision depends on your property, your competition and what you plan to do after the sale.
If you're buying, your budget, financing, preferred location and how long you expect to own the property can matter more than trying to predict the exact bottom or top of the market.
And if you're both selling and buying in the Okanagan, the two sides of the transaction need to be considered together.

Looking for Homes for Sale in Kelowna and the Okanagan?

If you're searching for Kelowna homes for sale, West Kelowna real estate, Peachland real estate or homes throughout the Okanagan, you can begin your property search right here at KelownaPropertySearch.ca.

I can also create a customized property search based on your:

Preferred communities
Maximum purchase price
Property type
Bedrooms and bathrooms
Strata-fee preferences
Pet requirements
Garage, yard or view preferences
Other must-have features

Thinking About Selling Your Okanagan Home?

If you're wondering "What is my Kelowna home worth?" or whether fall 2026 is the right time to list, a property-specific market evaluation will provide far more useful information than a general market average.
I can review recent comparable sales, competing properties, expired and cancelled listings and current market conditions to help determine an appropriate strategy for your home.
Robyn Eng | REALTOR®
eXp Realty
Serving Kelowna, West Kelowna, Peachland and surrounding Okanagan communities
KelownaPropertySearch.ca
Whether you're considering buying, selling, relocating or simply want to understand the Okanagan real estate market, I'd be happy to help you determine your next step.
Posted in Buying a Home, Kelowna Real Estate, Market Updates, Moving to the Okanagan, Okanagan Real Estate
no comments yet
Sept. 29, 2026

Is Fall a Good Time to Buy or Sell a Home in the Okanagan? | Kelowna Real Estate

Is Fall a Good Time to Buy or Sell a Home in the Okanagan?

When most people think about the busiest time for real estate in the Okanagan, spring and summer usually come to mind. But if you're considering buying or selling a home in Kelowna, West Kelowna, Peachland, or the surrounding Okanagan, fall can offer some advantages that are easy to overlook.
With fewer competing listings, motivated buyers, cooler temperatures, and the beautiful fall scenery the Okanagan is known for, September through November can be an excellent time to make a move.

Why Sell Your Okanagan Home in the Fall?

One of the biggest potential advantages of listing your home in the fall is less competition from other sellers.
During the spring market, buyers may have many homes competing for their attention. As inventory changes through the year, a well-presented fall listing may have an opportunity to stand out.
Fall buyers can also be highly motivated. Someone actively searching for a Kelowna or West Kelowna home for sale later in the year may be working toward a specific moving timeline, relocating to the Okanagan, downsizing, upsizing, or wanting to purchase before winter.
And we can't forget about curb appeal. The Okanagan is beautiful in every season, but autumn colours can create a warm and inviting backdrop for professional real estate photography and showings.

Why Buy a Home in the Okanagan This Fall?

Fall can also be an interesting time for buyers.
Depending on the neighbourhood, property type, inventory and current market conditions, buyers may encounter less competition than during peak buying periods. Some sellers who have been on the market for a while may also be more willing to have a conversation about price, dates or other terms.
That doesn't mean every fall property is negotiable, but having an experienced local REALTOR® review the property's listing history and comparable sales can help you better understand your position before writing an offer.
For buyers searching for homes for sale in Kelowna, West Kelowna, Peachland and the Okanagan, fall can be a great opportunity to explore properties without automatically assuming you need to wait until spring.

Should You List Now or Wait Until Spring?

This is one of the most common questions homeowners ask, and there isn't one answer that applies to every property.
Your decision should consider your home's location, property type, price range, competing inventory and your personal timeline.
For example, the strategy for selling a West Kelowna family home may be different from selling a Peachland condo with an Okanagan Lake view, an acreage, townhouse or investment property.
Before deciding to wait several months, it can be worthwhile to find out what your home could realistically sell for in today's market and how much competition you would face if you listed now.

Searching for Okanagan Real Estate?

The Central Okanagan offers an incredible variety of properties, from downtown Kelowna condos and family homes to West Kelowna communities, Peachland lake-view properties and homes throughout Lake Country and the surrounding region.
At KelownaPropertySearch.ca, you can explore Okanagan real estate and start narrowing down the communities and properties that fit what you're looking for.
If you're relocating, buying your first home, moving up, downsizing or searching for an investment property, I can also create a customized property search based on your preferred location, budget and property requirements.

Thinking About Selling Your Home in Kelowna, West Kelowna or Peachland?

If you're considering selling this fall—or simply wondering whether you would be better off waiting until spring—I would be happy to provide a personalized market evaluation and discuss a strategy for your property.
As an Okanagan REALTOR® with eXp Realty, I assist buyers and sellers throughout Kelowna, West Kelowna, Peachland, Lake Country, Summerland, Penticton, Vernon and surrounding Okanagan communities.

Ready to make a move?

Contact Robyn Eng | REALTOR® | eXp Realty
KelownaPropertySearch.ca
Whether you're looking to buy a home in the Okanagan or sell your Okanagan property, I'd be happy to help you take the next step.
Posted in Buying a Home, Market Updates, Okanagan Listing, Okanagan Real Estate, Selling a Home
no comments yet
Aug. 26, 2026

Thinking of Buying or Selling Real Estate in the Okanagan? Let's Make Your Next Move.

🏡 Thinking About Buying or Selling in the Okanagan?

Whether you're searching for a home in Kelowna, West Kelowna, Peachland, Lake Country, Summerland, or throughout the Okanagan, having local knowledge and the right strategy can make all the difference.
As an Okanagan REALTOR® with eXp Realty, I help buyers and sellers navigate the local real estate market with personalized guidance, current market knowledge, and a strategy tailored to their goals.
From finding the right neighbourhood and property to preparing your home for the market, negotiating an offer, and navigating subjects and closing, I'm here to help make the process as smooth as possible.
🏠 Buying in the Okanagan?
📍 Curious what your home may be worth in today's market?
I'd love to help.
Robyn Eng | REALTOR®
eXp Realty
KelownaPropertySearch.ca

 

📞 778-581-7740
Posted in Buying a Home, Kelowna Real Estate, Okanagan Real Estate, Selling a Home, West Kelowna Real Estate
no comments yet

Categories

Archives

Sites We Follow