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Want a good deal on a house in the Thompson-Okanagan? Try Clinton or Keremeos

The lowest average assessed value for homes in the Okanagan is in Keremeos at $505,000. This three-bedroom, two-bathroom, 1,403 square foot home is listed for sale at $499,000.
The lowest average assessed value for homes in the Okanagan is in Keremeos at $505,000. This three-bedroom, two-bathroom, 1,403 square foot home is listed for sale at $499,000.
Image Credit: Submitted/Realtor.ca

Everyone knows the Central Okanagan has the highest housing prices in the Interior of BC. Last July, a typical home in Kelowna was assessed at $988,000 with Lake Country and West Kelowna less than $25,000 behind.

For people who can’t afford those prices, but still want to call the Okanagan home, homes in Keremeos are almost half the cost at an average of $505,000. Enderby followed at $538,00 and Lumby at $568,000, according to data from BC Assessment.

BC Assessment stretches the region a bit beyond what many typically think of as the Thompson-Okanagan. Going that extra mile to Sicamous finds average housing prices of $492,000 and Princeton came in at $389,000.

In the Thompson region, it’s not the biggest city that had the biggest prices.

The average Kamloops home was assessed at $689,000. That was second to Sun Peaks. It topped the entire region at $1,647,000.

Clinton comes in with the best deals in the Thompson-Okanagan with an average assessed value of $248,000.

At $507,000, Chase joined Kamloops and Sun Peaks as the only communities in the Thompson region that averaged more than $500,000.

READ MORE: Can't afford a home? Buy this historic Midway hotel

On the flip side, six of the 10 most expensive residential properties in the region were in Kelowna.

The top spot went to 12990 Pixton Road in Lake Country at $17.3 million.

Another Lake Country home, plus one in Coldstream, rounded out the top 10.

The Coldstream property, at 12407 Coldstream Creek Rd. was assessed at $12.9 million. It’s currently for sale for $19.9 million.


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