What Qualifies As Luxury Real Estate in Kelowna?

Oversized windows in a great room are a good example of the features you'd find in a luxury real estate listing.

What qualities does a property need to have in order to be considered luxury real estate? It’s a valid question that people often wonder about, but have a hard time answering.

For instance, do houses for sale in Kelowna need to fall within a certain price point, or be situated in a desirable neighbourhood in order to be considered ‘luxury?’ Certainly, price and location play a part in it, but they’re not the only determining factors. Here are some other aspects that need to be considered.

Property Features

By its very definition, luxury is something that goes beyond the standard. It’s something that’s not essential, but offers some form of additional comfort or pleasure.

In the case of luxury real estate, that could be as simple as having a home with a panoramic view of Okanagan Lake and downtown Kelowna. You don’t absolutely have to have it to survive, but it sure is nice to peer out onto the serene waters as you savor your morning cup of coffee from your private deck!

You could take this a step further by building a well-appointed home featuring oversized windows and higher ceilings. Not only does this enhance the aforementioned lake views, but it also permits more natural light into your living space.

Other luxury homes in Kelowna feature refined touches such as:

• Stainless steel kitchen appliances
• Soft-close cabinets
• Heated en-suite floors
• Cozy, yet modern, fireplaces

Access to Amenities

For many Kelowna residents, luxury living means being close enough to the amenities you need, without feeling like you’re stuck in the hustle and bustle of city life. This is why areas such as the Upper Mission are so highly sought after; you’re just minutes away from great hiking trails and the historic Kettle Valley Railway, as well as your local grocer, favourite restaurants and shopping hot spots.

The Freedom to Enjoy Your Property

We all know that one guy who is an ardent DIY enthusiast. He’s always got a home improvement project on the go and can never seem to sit still. He’d go crazy living in a luxury home because there’s little to do in the way of maintenance. Everything is either automated or designed to require minimal upkeep, which is the way most of us like it.

Luxury Living without the Luxury Price Tag

You don’t have to spend millions of dollars to secure your piece of the luxury lifestyle. Developments such as Kestrel Ridge in Kelowna’s Upper Mission are proof of that. It offers many of the amenities you’d expect from upscale living, without the exorbitant real estate prices.

For more on Kestrel Ridge, read our post: Breaking Ground: High Interest Shown in Kelowna Houses for Sale at Kestrel Ridge.

To learn more about the Kelowna houses for sale at Kestrel Ridge, talk to Harty Podewils, Licensed Agent and Project Specialist at 877-620-3525.