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Vernon

Vernon

Vernon

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Real Estate in Vernon is not affordable, unless you sell your overpriced Vancouver area real estate and move to the Okanagan. Single family homes will not be found at less than $250,000. If you are looking for new construction be prepared to pay more than $450,000. The high prices in Vernon, and the rest of the Okanagan, can be attributed to out of region vacation home buyers, retirees, and fantastic weather. High demand means high prices. Current average home prices in Vernon are about $400,000, and this is expected to climb. The most expensive homes in Vernon are waterfront addresses on one of the cities three lakes: Kalamalka, Okanagan, and Swan. More affordable homes can be found in older parts of the city.

Vernon has a population of about 36,000, but the census agglomeration contains about 55,000 people. Vernon is located in the North Okanagan and is about 45 minutes, or 50 kilometres from downtown Kelowna, about 1.5 hours or 118 kilometres from Kamloops, 2.75 hours, or 176 kilometres from Osoyoos (Washington State Border), about 5 hours or 440 kilometres from Vancouver, and about 6.5 hours or 555 kilometres from Calgary. Vernon enjoys year round tourism thanks to three lakes for summer vacationers and Silver Star Ski Resort to attract winter recreation seekers. Many golf courses can also be found in the area including world famous Predator Ridge. Vernon is also serviced by Okanagan College, the Vernon Vipers BCHL Hockey Team, and The Vernon Morning Star newspaper.

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Statistics and information courtesy of Wikipedia ands StatsCan.

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