Thursday, November 17, 2016

Kelowna Area Property Opportunities And Descriptions

By M Walker


The Kelowna BC area is noted for its rapidly expanding population. It has out-expanded other cities throughout Canada and the balance of North America. Many of the new members of the community are people of retirement age who appreciate the gentle climate of the Valley. The expanding population has placed stress upon the inventory of Kelowna real estate listings.

There is a hearty market for homes in the area, thanks to the growth of population. Inventory of listings is not large, particularly in the recent time frame. There are new residents coming into the city who want to live in comfortable and aesthetically appealing Kelowna homes. They want to find the top-rated neighborhoods in the city to call home. The city is spread out over a larger geographical area than most communities of a similar population level. The result is mixed neighborhoods and commute times which can be lengthy.

There are multiple neighborhoods in each of the ten significant districts of the city. The population levels have grown so rapidly recently that the latest population figures are only an estimate. The quoted population in 2014 was around 120,000 people. Many tourists come to visit the scenic attractions of the Okanagan Lake and Valley.

Tourists visit Okanagan Lake for the fishing, boating, golf, hiking, biking, water sports and other outdoor activities. Winter sports activities include alpine and cross country skiing at the Silver Star and Big White ski resorts. Many homeowners throughout the region are employed in service industries and tourist-related jobs. Other people who are coming to the region are those who are looking for a milder retirement climate and one which allows for participating in many and various outdoor activities.

Wine production and vineyards are another major source of tourism and industry for the area. Wines have become known on the international market. Many vineyards are located south of Kelowna where the climate is perfect for the highest quality grapes. Another noted business is Sun-Rype bars. In both climate and agricultural focus, the region of BC has been likened to the Napa Valley in California.

The south-central part of BC is the location of this city. The Regional District of Central Okanagan is also located in this community. In the native language, the word means "grizzly bear" In terms of size which is encompassed by the municipal boundaries, it is the third largest. It is also the 22nd largest in Canada. The Kelowna market update includes nearby communities of Lake Country City, Summerland, Penticton, West Kelowna and Peachland.

The climate of the area is classified as semi-arid. The winters are cold and cloudy with sunny, dry and hot summers. Inhabitants enjoy all four seasons. The proximity of Okanagan Lake helps to create a more moderate temperature. Another moderating aspect is the mountains which surround the Valley. The recorded average high temperature is remarkable for being above freezing, irrespective of which month it is. This temperature moderation cannot be found in other cities in Canada.

In Kelowna homes for sale are still available with many styles to suit the buyers' preference. The prices are somewhat higher than in other Canadian listings.




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