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I recently joined my business with Don Defeo, one of Vernon's most successful realtors. Don runs a team of 5 licensed realtors and 2 unlicenced assistants. Don is one of a handful of Vernon realtors who were the founding members of Re/Max way back in 1988 and he and his team have consistently been in the forefront of Real Estate Listing and Sales in the North Okanagan.
Vernon Real Estate
Serviced lots in the Vernon area cost between $150,000 and $350,000 (for prime view sites). Outlying areas such as Lumby, Enderby and Falkland are somewhat less. Your
standard quality, older home is about $350,000. A typical home of modern quality and size would be $450,000 and up. Okanagan Lakefront homes are selling for $1.5 - 3 million and even more.
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North Okanagan Real Estate Stats
The last five years have shown a dramatic increase of real estate prices in the North Okanagan making affordability a bit more difficult, especially for 1st time Buyers. However, a number of new, more affordable housing developments are now under way promising to maintain the regions attractiveness in comparison to the rest of the Okanagan. In addition several higher-end retirement and recreation projects are in the development stage.
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Vernon, BC
Vernon, British Columbia and Coldstream is well known for it's natural beauty,
excellent recreational facilities and hospitality. Surrounded by three popular
lakes, Kalamalka Lake, Okanagan Lake and Swan Lake, Vernon boasts a population of
over 46,000 with an area population of approximately 70,000. Most residence are attracted by the recreational opportunities
offered by Silver Star Mountain Resort, Sovereign Lakes Cross Country Ski Area and
five golf courses: Predator Ridge, Vernon Golf & Country Club, Spallumcheen, Hillview
Golf and Highlands Golf Short-Game.
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Silver Star Real Estate
Silver Star Mountain Resort has again been recognized in "Best Of" Awards in
Ski Canada Magazine's winter edition. Silver Star is conveniently located 22 km (12 mi)
northeast of Vernon, BC on Silver Star Road. The selection of homes, suites, condos and
mountain vacation homes provide exceptional real estate opportunities for both investment
and relocation.
Okanagan Mainland Real Estate Board
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