This area of British Columbia is where the majority of retirees buy land to build a house or a prefabricated modular home. Most real estate located in the Shuswap Valley or Okanagan Valleys can only be purchased in gated communities near the beaches of lakes and rivers. Private individuals may also sell parcels of land that is often much more affordable.
Custom or modular home construction is much more efficient than traditional. These homes can also be less expensive. This saves you money short term and helps to increase retirement fund savings in the long-run. They are not boring and they don’t use less-expensive or more stringent technology. It is actually quite the contrary.
You can choose from hundreds of pre-engineered, factory-built homes. The manufacturers have an in-house design team that allows customers to submit their ideas and these are then incorporated into the final blueprints.
The two valleys offer great opportunities for families to enjoy the outdoors. Here, golf enthusiasts are sure to find their niche. The Thompson Okanagan area alone has 40 excellent courses. Water lovers of all ages will enjoy boating, fishing, and swimming in many of the lakes and rivers in the region. The picturesque mountainside ski areas invite winter sports fans to enjoy skiing to the fullest. Spring and fall are great times to hike, camp, and enjoy the incredible flora, fauna, and mountain sides of the Okanagan Valleys.
The cost of real estate in Okanagan Lake’s golf resorts starts at CAN 99,000 to build plots. In Shuswap Valley some plots can go for as little as CAN $49,000. The sunny, dry, and beautiful climate of British Columbia makes it a great place for home ownership. Tourism numbers have steadily increased, making it possible to resell such homes as a potential windfall. The demand for real estate in retirement is increasing which indicates that certain parts of the globe are less susceptible to recession.