Things to Look For When Viewing Real Estate in Downtown Kelowna!
Buying real estate in Downtown Kelowna will give you endless opportunities. The vibrant community bustling below your new apartment will inspire you to be your best self. Gyms, restaurants, and work are all closely accessible when you live downtown. There are a few things to be cautious about when buying a property in this area of Kelowna. Namely, location and newness. Take a look at our list of things to watch out for when you view real estate in Downtown Kelowna.
Location is key when viewing real estate downtown Kelowna!
Location can greatly determine your experience of living downtown Kelowna. There has been a surge of new apartment and condominium developments right in the downtown core. Making it easier than ever to live, work, and play in the same area. Developers don’t plan on stopping anytime soon. There are more buildings under construction right now on Bernard. If you are a long-time resident of Kelowna, you’d know Bernard is the place to be! Nightlife on Bernard in the summertime is unlike any other. Crowds flood the streets as live music plays, and people soak up the Okanagan sunshine. Various craft breweries open their doors to the masses and restaurants bustle with folks from all over the country.
Even if you aren’t one for busy nights, having an apartment in this area would serve as a prime rental location. Spend the busy months somewhere relaxing, while you rent out your space to summer tourists.
Your lifestyle will greatly determine where you want to live downtown. Properties on the water and close to Bernard are more likely to be tourism-oriented. Which could mean loud nights, noisy neighbours, and lots of coming and going. The zoning of the building/apartment will give you a good idea of your average neighbour. Units zoned for short-term rentals or vacation rentals indicate numerous turnovers within the month. If you are looking for something quieter, find a building that isn’t approved for short-term rentals. Things tend to be quieter along Richter and Ellis streets.
Finding something new.
Finding a new apartment will give you the chance to put your best foot forward. Real estate downtown Kelowna is often better when it is new. There are many reasons why buying a new apartment is beneficial. For instance, all of the technology will be up to date. This means new heating and cooling mechanisms, new utilities, new appliances, and more. You’ll save money using these new systems as they are more energy-efficient and clean. Moreover, the design and finish of the interior will be on par with current trends. Thus, making the property move-in-ready! Your time is valuable, and a home that doesn’t need to be renovated is key in ensuring you get to do all the things you love.
If you decide to purchase an older property, be cautious of certain red flags. For example, a foul odour throughout the home or in specific rooms could be a sign of a larger issue – like mold. Take in the scent of the apartment as you walk through, and note any off-putting smells. Additionally, cracks in the walls or tiles of a home are usually something to pay attention to. Poor tiling could indicate an amateur DIY job. Or, a bad coverup. Cracks in the ceiling or walls might point to structural problems with the building. And, lastly, signs of neglected maintenance are key in deciding if you want to move in or get out. These can include: overly messy rooms, poorly cleaned bathrooms/kitchen, stained walls and floors, leaky taps, and burned-out light-bulbs.
Most of these issues are easily avoidable with a new apartment or condo. However, it is still important to be aware of the possibility of these issues. Look for new real estate downtown Kelowna to guarantee a great investment.
Buy Real estate in Downtown Kelowna Now!
Real estate in Downtown Kelowna has its perks. When you are looking for a new home in this area it’s important to be wary of your location and how new the property is. Evaluate your lifestyle before choosing where you want to live in this part of Kelowna. For more information on buying real estate in Downtown Kelowna, contact us at Neufeld Jones today. We’d be more than happy to get you going on your fall real estate goals. If you have any inquiries about a property in this area, don’t hesitate to reach out. Be sure to check out our social media page here to see feature properties, updates, news, and more! We look forward to working with you soon 🙂