If you’re planning to purchase a home in Kelowna, there are a few things you should ask your Kelowna real estate agent first. Sean Skuter has advised numerous homebuyers, and recognize the importance of asking your real estate agent the right questions throughout the home buying process.
When you’re searching for a real estate agent in Kelowna BC, you want someone who takes their time to ensure you feel comfortable and secure with their knowledge and experience. Your Kelowna real estate agent should listen intently to your needs and wants and know how to advise you based on the questions you ask.
The decision to purchase a home depends on a number of factors, including your finances, your future plans and your job security. Our team of professional real estate agents at Sean Skuter Real Estate are here to advise you before you begin viewing Kelowna real estate.
What Can I Afford in the Kelowna Real Estate Market?
Affordability is a huge factor that can affect your choice. Your current income, debt and credit score will directly impact the mortgage loan amount you’ll be approved for. Although most careers lead to more lucrative positions and higher salaries, it’s what you have and what earn the day you apply that matters. Your current finances will reflect a mortgage you can afford.
Before you can begin house hunting on the Kelowna real estate market, you need to know how much you can afford. Estimating your monthly mortgage budget, including housing costs such as insurance, maintenance, property taxes, and utilities will give you a rough idea of how much you can afford.
Your Kelowna real estate agent will work with you to find a home that suits your needs and meets your expectations within your budget.
If you’re like most people, your home will be the biggest investments you make. Speaking with a qualified Kelowna real estate agent will help you better understand the market trends and property value.
Which Kelowna Neighbourhood is Right For Me?
A reputable Kelowna real estate agent will be intimately familiar with the neighborhoods. This knowledge comes from considerable experience and getting to know you better. It will help narrow down the right neighbourhood for you and your family.
The neighbourhood or neighbourhoods you and your real estate agent choose to house hunt in will depend on several aspects of your everyday life including lifestyle, school districts, amenities, community and affordability. Before you begin viewing homes on the Kelowna real estate market, we will work with you to understand your needs and wants.
Is Kelowna a Growing Real Estate Market?
The Kelowna real estate market is one of the most competitive housing markets in Canada. Kelowna offers residents big city amenities with a small town feel and stunning natural beauty from the mountain peaks to Okanagan Lake.
Kelowna steadily increased over the past couple of decades as more and more people are discovering Kelowna real estate and the incredible lifestyle the Okanagan Valley has to offer. Once thought of as a vacation destination or retirement community, it’s now a growing hub for young professionals looking to raise their families or to succeed professionally. So far in 2018, there have been 1,910 residential sales at an average sale price of $616,000. As Kelowna continues to grow and expand, Kelowna property value will continue to increase.
The financial benefits of homeownership is a long-term investment, which makes Kelowna an exceptional choice. Not only is it one of the most desirable places in Canada to live, but it’s really only just begun to really take off.
Home ownership is a major financial milestone and commitment that requires a substantial amount of thought and preparation. Ensure you’ve asked the above questions and feel comfortable with your decision before you sign on the dotted line.