Welcome to Goldilocks Estates - Your Premier Guide in Central Okanagan's Market!

I'm Gillian Krol, owner of Goldilocks Estates, and I'm eager to delve into what the recent interest rate cut by the Bank of Canada means for both buyers and sellers in Central Okanagan.

Understanding the Bank of Canada's Decision

The recent decision by the Bank of Canada to reduce its overnight interest rate to 4.75% marks a significant shift in the economic landscape, especially for the real estate market in our region. This move comes amidst ongoing efforts to manage inflation and stimulate economic growth.

Implications for Buyers

Lower interest rates present exciting opportunities for prospective homebuyers. With reduced borrowing costs, owning a home…

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BC Policy Changes for 2024

What Okanagan Buyers and Sellers Need to Know

Hey Okanagan friends,

Exciting news from Goldilocks Estates about BC's latest policy changes! These updates are designed to make owning a home in Kelowna more achievable than ever. Here's a quick overview:

First-Time Homebuyers’ Program

Starting April 1, 2024, the threshold for the First-Time Homebuyers’ Program has increased from $500,000 to $835,000. This change is designed to help more people purchase their first home. Here’s how it works:

  1. Exemption on Property Transfer Tax: Qualifying individuals buying homes up to $835,000 now receive an exemption on the property transfer tax for the first $500,000 of the home’s value. This means potential savings of…

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A Goldilocks Guide

Navigating Okanagan Real Estate as a First-Time Buyer

Welcome to Goldilocks Estates, your trusted companion in the captivating realm of British Columbia's Okanagan Valley real estate scene! I'm Gillian Krol, the owner of Goldilocks Estates, and I'm excited to join you on this empowering journey into the world of first-time home buying.

In this comprehensive guide, we'll not only demystify the intricate process of purchasing your first home but also delve into the soul of Kelowna's real estate landscape, helping you make informed decisions that resonate with your aspirations and lifestyle.

Getting Started: Preparing for Your Home Buying Journey

Before diving into the exciting world of property exploration and purchase,…

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A Guide to Property Transfer Tax Exemptions for First-Time Home Buyers in British Columbia

Unlocking the Potential of the First Time Home Buyers' Program in Kelowna

Hello, future homeowners! Are you ready to take the leap into homeownership in the picturesque city of Kelowna, British Columbia? The First Time Home Buyers' Program is here to pave the way for you by offering substantial benefits in the form of property transfer tax exemptions. Let's delve into how first-time home buyers in British Columbia can leverage these exemptions to turn their homeownership dreams into reality.

Understanding the First Time Home Buyers' Program

The First Time Home Buyers' Program is designed to provide a full or partial exemption from the property…

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Spring 2024: A Snapshot of Central Okanagan's Real Estate Market

Hi, Okanagan friends! It’s Gillian from Goldilocks Estates, back with a quick update on our local real estate market as we step into spring 2024. The Central Okanagan region is abuzz with some intriguing developments, and I'm excited to share the insights with you.

 

BC's Market at a Glance

Across British Columbia, there has been a 15.3% jump in residential unit sales and a 4.7% rise in average prices this February compared to last year. With total sales reaching $5.4 billion, marking a hefty 20.7% increase, it's clear that the province is witnessing a significant shift. This sets a lively backdrop for our local market dynamics in the Central Okanagan.

The Central Okanagan…

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Your Guide in a Transforming Market

Navigating the Nuances of Buying and Selling in Central Okanagan

Welcome to the definitive guide on thriving in the Central Okanagan real estate market. Whether you're contemplating a sale, on the lookout for your dream home, or simply keen on the latest market trends, this piece is crafted to arm you with the essential knowledge and strategies needed in today's real estate landscape.

Market Overview

The Canadian real estate scene, including Kelowna's dynamic market, is subtly shifting. With a modest national average price increase anticipated, the explosive growth of previous years is giving way to more stable conditions. This evolution encourages a more thoughtful approach to transactions, influenced…

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1979 Old Okanagan Highway, Westbank

Prime retail commercial spaces available to lease at Estates Square

Building 4: Units#401A, 401B, 402 & 403

*This is not the sale of the business. The current tenant is relocating*

$15.00/square feet

MLS® 10302009

A spacious 2-storey retail building with a full basement, offering a total of 24,123 sq. ft. of leasable area.

  • Unit 402 (Main Floor): 11,618 sq. ft. for retail/warehouse.
  • Unit 403 (Second Floor): 5,240 sq. ft. of unfinished office space.
  • Unit 401A & 401B (Basement): 7,265 sq. ft. for storage.

Features:

  • 2 loading docks and a back ramp.
  • High ceilings on both main and upper floors.
  • Bathrooms: 10 in total (7 on main, 2 on second floor, 1 in basement).
  • Next to…

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Kelowna's Best Local Shops for Last-Minute Gifts

A Goldilocks Estates Guide

The holiday season is upon us, a time of joy, celebration, and last-minute scrambles for the perfect gift. Amidst the hustle and bustle, it's crucial to remember the heart of our community: local businesses. Hello, I'm Gillian Krol from Goldilocks Estates, and I'm delighted to welcome you to our blog. Amidst the joy and celebration, it's a time for those last-minute gift hunts. In the heart of Okanagan BC, we're surrounded by a myriad of charming and unique small shops. This guide is here to help you find those perfect last-minute gifts, supporting the local entrepreneurs who add vibrancy to our community.

The Joy of Shopping Local for Holiday Gifts

Why choose…

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Top Picks For Christmas Dinner

Exploring the Best Spots for a Hassle-Free Holiday Feast

Happy holidays from Goldilocks Estates! As your local Kelowna real estate expert, I know the festive season is all about joy, family, and of course, delicious food. But let's be honest, after a long year, the last thing many of us want to do is spend Christmas in the kitchen. So, for those of you looking to indulge in the holiday spirit without the hassle of cooking and cleaning, I've curated a list of the best spots in Kelowna, BC, to enjoy a Christmas dinner out. Let's dive in and treat ourselves this holiday season!

Maestro’s Marvelous Multicourse Dinner

When: December 24th and 25th, 5-8 PM
Price: $75 per person
Chef Travis Bueckert has outdone…

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Your Goldilocks Guide to the Best Christmas Experiences in the Valley

Greetings from Goldilocks Estates! The holiday season has arrived in Kelowna, the heart of the Okanagan, and we're here to guide you through the most enchanting events happening this December. Whether you're a local looking for festive fun or visiting our beautiful city, we've curated a list of the best Christmas festivities in Kelowna that are sure to fill your heart with holiday cheer. So, bundle up in your winter coat, gather your loved ones, and let's dive into the magic of Kelowna's holiday season together!

Reel Christmas Market at Rustic Reel Brewing

760 Vaughan Ave, Kelowna, BC V1Y 7E4

On December 15th and 16th, head over to Rustic Reel Brewing for a traditional…

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