Home Owners

June 1, 2025

BC Home Owner Grant:How to Apply & Who Qualifies in 2025

Michael A. Jones – PREC* | Royal LePage Kelowna

BC Home Owner Grant explained

If you’re living in your primary residence in Kelowna, West Kelowna, Peachland, Lake Country, or Vernon — and your home’s assessed value is under the current threshold — you may qualify for the BC Home Owner Grant.

The grant reduces the amount …

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May 23, 2025

How Some Kelowna Homeowners Are Making Their Mortgage Tax-Deductible

Michael A. Jones – PREC* | Royal LePage Kelowna

The Smith Manoeuvre explained for Canadian homeowners

Mortgage interest isn’t tax-deductible in Canada — unless you use a financial strategy called The Smith Manoeuvre™. Originally developed by Fraser Smith, this approach has helped some Canadian homeowners gradually convert their mortgage debt into tax-deductible investment loans.

If you're a …

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May 14, 2025

Property Tax Notices Are Coming — Here’s How to Estimate Yours in the Okanagan

Michael A. Jones – PREC* | Royal LePage Kelowna

BC property tax concept image

Property tax notices in British Columbia typically land in mailboxes in late May — and that means now is the perfect time to estimate what you might owe. Whether you live in Kelowna, Vernon, West Kelowna, Peachland, or Lake Country, here’s a …

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Posted in Home Owners, taxes
May 12, 2025

Should You Buy a Home with Poly-B Plumbing? The Local Perspective

Michael A. Jones – PREC* | Royal LePage Kelowna

Polybutylene piping — known as Poly-B — was used in thousands of Canadian homes from the late 1970s to the mid-1990s. In Kelowna, West Kelowna, and Lake Country, homes built in this era often still contain Poly-B. So, what should buyers know …

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May 12, 2025

Looking for a Great REALTOR® in the Okanagan? Here’s What to Watch For

Michael A. Jones – PREC* | Royal LePage Kelowna

Whether you're buying a lakeview home in Kelowna, selling your acreage in Vernon, or investing in Peachland, choosing the right agent matters. The Okanagan is a diverse and competitive real estate market—and working with someone who truly knows it can make …

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May 12, 2025

Vernon Real Estate Market Update – April 2025

Michael A. Jones – PREC* | Royal LePage Kelowna

The April market stats are in for the North Okanagan, and they show a region adjusting to shifting demand. Total sales held steady year-over-year, while inventory continued to grow. Buyers remain active, but patient. Sellers who price well are seeing results—especially in …

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May 11, 2025

April 2025 Central Okanagan Real Estate Market Report

Michael A. Jones – PREC* | Royal LePage Kelowna

The April market stats are in for the Central Okanagan, and the numbers show signs of momentum. Buyers are active, listings are rising, and homes are selling closer to asking prices. Whether you're buying or selling, market timing is beginning to …

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May 10, 2025

Short-Term Rental Rules in Kelowna, Peachland, Lake Country & West Kelowna (2025 Update)

Navigating the short-term rental (STR) landscape in British Columbia requires staying updated on evolving regulations. As of 2025, Kelowna, Peachland, Lake Country, and West Kelowna have specific rules governing STR operations. This guide provides an overview of the current requirements in these municipalities.

Kelowna: Updated STR Regulations

In 2025, Kelowna …

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Nov. 6, 2023

Central Okanagan Real Estate Market: A Snapshot of October 2023

The Central Okanagan real estate landscape has shown a dynamic shift in October 2023, presenting a mixed bag of statistics that could influence both buyers and sellers in the region. Here's a rundown of the crucial figures that paint the current market picture.

Inventory on the Rise

At the …

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Oct. 19, 2023

The Central Okanagan Real Estate Market: A Closer Look

The city of Kelowna, nestled in the heart of the Central Okanagan, British Columbia, Canada boasts a real estate market that often mirrors the economic health of the region. Recently, various factors have painted a mixed picture regarding the city’s housing market, making it a topic of discussion among locals …

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