Luxury Real Estate in Kelowna for 2022!
Kelowna, BC is one of the fastest-growing cities in Canada according to the most recent census from Statistics Canada. This stat puts the luxury real estate market in an interesting position to thrive with an onslaught of new buyers. A key factor in so many people making the move to Kelowna is the city’s gorgeous landscape. Mountains, lake views, and ski hills are all in the backyards of Kelowna residents. The Tourism Sentiment Index uncovered that Kelowna was among the top 100 destinations to visit in the world. Anyone who has been to Kelowna is vastly aware of what makes the city so desirable.
Since the beginning of the pandemic in early 2020, people are now looking to make specific lifestyle changes. For instance, moving to a city that provides more opportunities to enjoy the outdoors. As we enter the third year with COVID-19, many individuals are simply looking for modifications that help them avoid burnout. The concept of ‘play’ is becoming a largely integral part of people’s lifestyle changes. And, what better way to incorporate more ‘play’ into your everyday life, than with luxury real estate in Kelowna?
Follow along as we go through the top reasons why Kelowna’s luxury real estate market is going to boom in 2022!
Big City Life < Small City Living
Big city life is no longer needed in order to make a hefty salary. Gone are the days of moving to a metropolitan area for more opportunities. Now, the biggest opportunities for work, are often right on the screen in front of you. More and more employers are adapting their businesses to accommodate remote working. Which allows Canadians to work from wherever they choose without having to be in the same city as the business they work for.
Because of this, Canadians are making the move out of bustling cities and into more relaxed, small-scale towns. Many people are choosing to buy land in a rural area because of the increased space and more time spent indoors. People’s homes have become offices, gyms, bars, restaurants, arcades, and more throughout the pandemic. Home is aligned with recreation more than ever before. This is why it comes as no surprise that so many individuals are eager to purchase luxury real estate in Kelowna. Who wouldn’t want a lakefront property with a sports court, and an indoor theatre?
Kelowna is the perfect intermediary between big city life and a rural escape.
Education is at the Forefront of Kelowna’s Future Plans.
Getting a degree is becoming increasingly necessary as more and more jobs are requiring some kind of formal education on a person’s resume. Access to a great education is often a marker for great cities. In Kelowna, UBCO is evolving into a world-class destination for education. UBCO has plans to expand, with new buildings in the works set to be built in the downtown area.
UBCO offers a selection of competitive programs for incoming students to choose from. The University of British Columbia has many plans to grow, as more and more students are choosing to attend the Okanagan campus.
Luxury Real Estate in Kelowna is Seamless with the Outdoors.
Kelowna is home to some of the most gorgeous views. Vineyards and rolling hills outline the vast Okanagan Lake. If you’re lucky enough, you’ll get to watch the sunset behind the large mountains bordering the valley. Kelowna is one of the most picture-perfect places to visit in all of Canada. Enjoy a long and beautiful hike through the forest, or kayak along the lake. However you choose to spend your time in Kelowna, there will be no shortage of Instagram-worthy views.
Downtown Kelowna is the Place to Be.
Anyone who comes to Kelowna during the summer knows that downtown is the place to be. Kelowna’s downtown core is a hub for culinary excellence, nightlife, wine culture, craft beer, and the ever-expanding tech industry. When summer hits, downtown Kelowna is vibrant with life and a diverse range of activities. In 2022, downtown has plans to add more restaurants and parks for people to enjoy.
Furthermore, Kelowna’s fast-growing rate, means more new things will pop up throughout the city. From real estate developments and parks to new infrastructure and recreational centres.
Buy Luxury Real Estate in Kelowna Now!
Kelowna’s future is bright, and making the move to purchase luxury real estate in Kelowna is a great future investment. For more information on luxury properties in the Kelowna area, contact us today. We’d be happy to help you find the perfect place to call home in such an amazing city. Feel free to reach out with any questions or concerns that you may have about buying luxury real estate in Kelowna. We look forward to hearing from you soon!