BUY YOUR PERFECT VERNON LUXURY HOME
Join a team that always has your best interests in mind. You can find the property of your dreams while our experts handle the heavy lifting.
WATERFRONT HOMES
Waterfront properties in Vernon let you enjoy the extravagant Okanagan lifestyle to the fullest. Drink in the stunning shoreline and beaches year-round, revel in the aquatic playground during the summer months and savour the quiet tranquillity of the winter season.
SCENIC VIEW HOMES
Discover the rarest sights of the North Okanagan with our selection of homes with scenic views. From distant mountain ranges to shimmering lakes and more of BC’s wonders, these vantage point homes offer the best views of the region; all yours to call home.
VACATION HOMES
Whether it’s a seasonal getaway or a forever home, our selection of Vernon vacation homes offer everything you could ask for in a vacation property. Browse through homes with stunning views, walkable amenities and so much more in the Okanagan.
Luxury Home Purchasing
When you work with us, you are always the most important member of the team. Our Realtors® are committed to giving you the best advice, tailoring the search to your priorities, and finding the perfect property that doesn’t compromise on your vision.
You won’t have to settle for anything less than your ideal property, high-end finishings, and a vibrant neighbourhood that truly makes you feel at home. No matter what your lifestyle requires, from backcountry access to retirement amenities, we will move mountains to find exactly what you’re looking for.
Whether you’re dreaming of a fully-maintained golden-years oasis, waterfront retreat, or lake view acreage, we have the local knowledge and community connections that will make it a reality.
Luxury Vacation Properties Purchasing
Vernon is an excellent choice to enjoy the Okanagan’s four-season playground with extravagant holiday opportunities available 365 days a year.
Sparkling sandy beaches, world-class golf courses, champagne powder on Silver Star’s slopes, and a myriad of backcountry recreation can be all yours to enjoy.
Our team will work closely with you to refine what your ideal recreational property needs to be. Then we will use our local knowledge and networks to find you not just a holiday home, but the vacation destination you’ve always wanted.
Connect With VP3
Phone: 250.308.1888 | Email: info@vp3.ca
Phone: 250.870.2165
Email: kris@commercialbc.com
What Our Clients Are Saying
Rosie Bui2023-06-25I'm glad I found Paula Roughton at the beginning of the search for my 1st home. It was quite a journey of over 6 months for us both me and Paula to look for my dream house within my budget. But Paula had been extremely helpful, informative, and kept me updated. She's really amazing with her knowledge and experience to help me with all my weird questions and went above and beyond with my requests. It's fun looking at houses and houses with her too. This is quite long overdue but thank you so much Paula! It's been a pleasure! 😃😍❤️ p/s: sorry Paula I've been meaning to share this but life's been dragging me away 😅
Bruce Adams2023-02-04Paula was probably the best realtor we ever had , sold our house for more than asking price, sold fast , helped us find a new home , quickly, very good prompt communication, we would recommend Her any time
Susan Adams2023-02-04Best realtor we have ever had. Sold our house for more than listed price. Quickly answered all and any questions we had.
Chris O'Neill2023-01-16We contacted Cheryl Ellwood when she was well recommended to us. We were immediately struck by her professionalism, expertise and warmth. We had a rather challenging property that we needed to sell quickly and she did just that, exceeding our expectations many fold. Selling is never pleasant, but Cheryl made it virtually stress-free.
Phil Southward2022-12-12We had the pleasure of Cheyl Ellwood as our realtor, very prompt, explained everything and replied in a timely manor. Totally recommend Cheryl for your realestate needs.
Mira Milne2022-11-22Cheryl Ellwood helped us find our home in Vernon while still residing on the coast. She worked tirelessly and was vigilant during the many months of our search. We especially valued her honesty and quick response time during the house hunting process despite the challenges of living on the coast. We are very happy with our new home here and would highly recommend her services to anyone in need of a dedicated, hard working realtor. Thanks so much Cheryl!
BMA Wilkie2022-11-13Cheryl Elwood was recommended to us by friends who had received excellent assistance from her when buying their new homes. We utilized her services to purchase a new-to-us home and sell our existing home ( down sizing in that order). In both cases she was supportive and encouraging while maintaining steadfast professionalism. She worked with tireless diligence, utilizing her extensive knowledge and experience to guide us in establishing and effective buying bid strategy and totally realistic asking price for our sale which was achieved in only four days. Cheryl educated us in current supply and demand, price setting strategies and the administrative mechanics of buying and selling in the prevailing market. We established a friendly and personal relationship which is so necessary to overcome fears and move forward in a trusting manner. She was always positive, transparently honest, attentive to our needs, responsive to our queries, and maintained a marvellous sense of humour. We strongly endorse Cheryl Elwood of Value Plus 3% Real Estate for all your realtor needs.
Cheryl Buhrman2022-11-11Our experience with Value Plus 3% Real Estate was with Cheryl Ellwood. We sold and bought our home through her. Cheryl was very efficient, driven and worked very hard with long hours going above and beyond to get us the home we love. She was always on time for meetings and quick to get back to us in response to our questions. She is very honest and direct and pours her heart and soul into her job. We are very pleased with her work and highly recommend Cheryl to other clients.
Stan Vuckovic2022-11-10We had exceptionally great service from their realtor, Cheryl Ellwood. She helped us quickly sell our townhouse. Everything went through without any problem. It was a great pleasure dealing with Cheryl.
Frequently Asked Questions
Pre-approved mortgages are not required, however, they do offer specific advantages for improving your position as a buyer. Mortgage pre-approval can define your budget, strengthens your standing with the seller by confirming your interest, and reduces the time between purchase agreement and closing,
Titles insurance falls into two categories: Lender’s title insurance & Owner’s title policy. The “Title” refers to the right to own a piece of property.
Lender’s title insurance is required by most banks when applying for a mortgage, as it covers the balance borrowed, protecting the banking institution from potential losses.
Owner’s title policies, commonly known as residential insurance, protect owners from the various factors that could stop you from selling your property, such as lawsuits, fraud, transactional errors.
Title insurance is only paid once, unlike most other insurance premiums, and the cost depends on several factors including, but not limited to, location, mortgage type, property type, and property value.
Home insurance, hazard insurance, and homeowners insurance are different names for insurance that covers private homes/property. Policies cover losses to the home, contents, personal possessions, and more. The depth of coverage varies depending on the policy. For example, a standard coverage policy might only insure your personal property and land value, while an extensive all-risk policy would insure against essentially everything from natural disasters to costs incurred by blocked gutters.
Partial GST New Housing Rebate: Property purchases between $350,000 and $450,000 have partial rebates at a much lower amount. For homes valued between $350,000.00 and $450,000.00, the rebate is gradually reduced and is calculated by using the following formula: $6,300 x [$450,000 – the purchase price] / $100,000
Homes over $450,000 receive no GST New Home Rebate at all and are subject to paying the full 5% GST on the new home purchase.
The Buyer is responsible for paying transfer fees as prescribed by the Property Transfer Act of BC amounting to a rate of 1% on the first $200,000 of the purchase price and 2% on the remainder up to and including $2 million. The PTT is 3% on amounts greater than $2 million. If the property is residential, a further 2% PTT is payable on the portion greater than $3 million.
The First Time Home Buyers’ program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home.
The newly built home exemption reduces or eliminates the amount of property transfer tax you pay when you purchase a newly built home.
We highly recommend you hire an independent licensed home inspector.
