$109,900
867 Balsam Road
Kelowna, British Columbia
Oakwyn Realty Okanagan
MLS® 10393514
detached in Kelowna
Browse 35 active listings
Market Analysis
Under $300,000 in Kelowna, first-time homebuyers and young families are the primary buyers. Many of these individuals are looking to settle in neighborhoods that offer a strong sense of community and are close to essential amenities. Areas like Rutland, specifically around Rutland Road North, attract individuals who appreciate proximity to schools such as Rutland Senior Secondary and multiple parks, including the popular Rutland Centennial Park.
Price Insights
For buyers entering the detached property market in Kelowna, a budget of up to $300,000 typically affords modest homes, perfect for those entering the market. A buyer can expect to find single-family homes with 2-3 bedrooms and potential for yard space. Properties on streets like Hollywood Road South or in the Glenmore area can be expected, where median prices hover around $210,000, providing good value for first-time buyers looking for a manageable mortgage payment while still enjoying the perks of homeownership.
Available Properties
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About This Property Type
Detached homes in Kelowna are characterized by their standalone structure, offering privacy and personal outdoor space. These properties can range from compact bungalows to two-story homes, often featuring fenced yards, parking space, and distinct rustic architectural elements. In neighborhoods like North Glenmore, you may find older homes requiring some renovation, but with great potential for value increase, especially given the balanced market conditions that yield steady options for buyers.
Location Highlights
Kelowna is renowned not only for its stunning lakeside views but also for its vibrant community and plethora of outdoor activities. The city boasts parks like Mission Creek Greenway, where locals can enjoy hiking and biking, and the Okanagan Lake, perfect for summer activities. Kelowna's central location in the Okanagan Valley also provides easy access to various wineries and markets, enriching the lifestyle of residents. With convenient public transport options connecting neighborhoods like Black Mountain to the downtown core, accessibility is at its best.
Investment Advice
Investing in the Kelowna detached market at this price point can be a smart decision, particularly in a balanced market where steady options exist. The median price of $210,000 indicates a healthy entry point for buyers. As Kelowna's popularity continues to rise due to its lifestyle offerings and growing job market, properties in this segment are likely to appreciate over time. First-time buyers can leverage low-interest rates and growing demand to secure a beneficial investment.
Buying Tips
Prospective buyers should start by getting pre-approved for a mortgage to understand their budget clearly. It’s also essential to work with a local real estate agent who knows neighborhoods like South Pandosy and Rutland, as they can provide specific insights and help identify properties that meet your criteria. Additionally, touring homes during open houses in varying conditions can give you a better perspective on what to expect in this price range. Lastly, considering future development plans in the area can help you make an informed decision on long-term viability.
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Frequently Asked Questions About Kelowna
How many detached homes are for sale in Kelowna?
There are currently 35 detached homes listed for sale in Kelowna on this site. Listings are updated multiple times per day from CREA's DDF®.
What is the benchmark price of a detached in Kelowna?
Per the MLS® HPI (Association of Interior REALTORS), June 2026: the detached benchmark price in Kelowna is $1,053,700. The benchmark represents a typical property as published by the board; individual detached homes vary by size, condition, and location.
How often are detached listings updated in Kelowna?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.