Saturday, April 05, 2008

Another day, another house price record

Steve MacNaull Kelowna Courier Apr. 4
After just one day, the $7.2-million record for the most expensive home ever sold in Kelowna has been shattered. The priciest title now belongs to a seven-bedroom, 10-bathroom lakefront home on the Westside that sold for $7.4 million. The one-two punch of new records shows that Kelowna is a popular location for the rich looking for luxury homes in stunning settings. Kelowna is considered to have one of the nicest climates in Canada and an enviable recreational lifestyle, so it attracts people in all income brackets. But it‘s the big money that attracts our attention. And we‘re talking really big money, because the buyers of both the $7.2-million and $7.4-million compounds will only use them part-time. The owner of the $7.2-million Woodland Hills home is 29 years old, well-known and will use his new place in the summer, leading to speculation that he‘s an NHL hockey player. The buyer of the $7.4-million Westside lakefront estate is a Vancouver businessman who will use it as a summer cottage.
------------

No comments: