As the crisp air of fall begins to set in, Kelowna’s real estate market remains a hot spot for sellers. The autumn season offers a unique opportunity for homeowners to showcase their properties with cozy charm and appeal. With the summer rush behind us, serious buyers are ready to find their next home before the year ends. If you're thinking about selling, now is the perfect time to take advantage of the fall market in the beautiful Okanagan region. Here are some tips to help you prepare your home and make it stand out to potential buyers.

1. Embrace Curb Appeal with Seasonal Décor

First impressions matter, and curb appeal is your home's handshake. Use the fall season to your advantage by enhancing your home's exterior. Add some potted mums, a…

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Navigating the New Tenancy Laws of 2024

Implications for the Okanagan Real Estate Market

Hi, Okanagan friends! It’s Gillian from Goldilocks Estates, here with some crucial updates about our local real estate market. The new tenancy laws of 2024 have introduced significant changes that both buyers and sellers need to be aware of. These updates aim to create a fairer balance between landlords and tenants, and I'm here to help you understand what this means for you.

Key Changes in the Tenancy Laws

Protection for Seniors in Retirement Homes One of the most notable changes is the protection of residents in retirement homes from illegal rent increases and evictions. This is fantastic news for our senior community, offering them peace of mind and…

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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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