A comprehensive market analysis of your home and the complex it sits in — built to help you make a confident, informed decision about your next move.
The Kelowna North townhouse market has moved significantly since mid-2023. The HPI benchmark tells the story clearly — and it sets the context for everything that follows.
Source: HPI Benchmark data, Kelowna North townhouse category. Intermediate data points are interpolated for illustration purposes. The June 2023 and February 2026 benchmarks are the confirmed data points provided.
What this means for your home: Your unit sold in June 2023 at $983,000 — at or slightly above a benchmark of $783,000 for the neighbourhood. With the benchmark now at $671,000, the same proportional relationship applied to your property implies meaningful value compression since purchase.
The three builder-owned units at 1450/1452 Ethel have been listed and relisted repeatedly since 2022 — starting above $1M and eventually falling to $899,900. None sold. This listing history is one of the most important data inputs in your analysis.
The pattern is clear: The market never met the builder at $1,024,000, $999,000, or $899,900. The last listing attempt failed at $899,900. The builder is now returning at $829,000. The market is telling us it lives below $900,000 — and likely somewhere close to where the builder has now arrived.
With only one comparable sale in the complex — your own purchase — we anchor pricing to two independent methods. Both point to the same range.
Why $849,900–$869,900? Your unit clears the builder's no-tax unit by $20–40K, which is justifiable given your property's condition, presentation, and the upgrades made since purchase. Above $869,900, buyers will anchor to the builder's unit and your listing loses its positioning advantage. The final number within this range depends on your walkthrough and confirmed finishes — but this is where the market evidence points.
The builder is returning to market with two identical units in the same project. Any buyer evaluating your home will see these listings. This is the defining factor in your pricing decision.
When a listing hits the market, buyer attention peaks immediately. Overprice in week one and you don't just lose those buyers — you train the market to wait you out.
Represents buyer viewing activity over time — not list-to-sale ratio.
We've done the research upfront to arrive at a price that captures peak buyer activity from the moment you launch. A correctly priced listing ensures no value is left on the table in those critical first weeks.
Once we're live, we shift to a different set of indicators to track real market response in real time.
This Listing Price Estimate is prepared for discussion purposes only and does not constitute a formal appraisal or guarantee of value. Pricing recommendations are based on publicly available MLS data, HPI benchmark trends, and agent analysis as of April 2026. Market conditions change and values may differ. All MLS data sourced from the Okanagan Mainline Real Estate Board. The interior of the subject property has not been independently inspected by the agent — final recommendations may be refined following an in-person walkthrough. Braden Koop Personal Real Estate Corporation · RE/MAX Kelowna.