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Five Home Features British Columbia Buyers Are Considering This Fall

By Haven Team

4 min read

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Vancouver, BC

British Columbia buyers enter fall with more homes to consider and relatively subdued sales activity. BCREA recorded 5,653 residential sales in August, 4.7% fewer than a year earlier and 25.4% below the 10-year average for the month. The provincial average price was also down 1%, while BCREA’s third-quarter forecast update noted that active listings were near their highest level since 2015.

With more inventory and slower sales, buyers have greater opportunity to compare homes on factors beyond price. These are five features that current research suggests are factoring into those decisions.

1. Flexible Living Space

Flexibility remains important, but that does not necessarily mean adding more enclosed rooms. Rennie’s 2026 Homes of Tomorrow research, which surveyed residents across Metro Vancouver, Greater Victoria, and the Central Okanagan, found that larger living areas were preferred over enclosed dens.

A larger living area with room for a desk, a flexible guest setup, or adaptable furniture can serve several needs without requiring a separate room for each one. The finding suggests that buyers and renters may value space that can accommodate different routines without dedicating square footage to a single purpose.

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2. Move-In-Ready Condition

Condition is another consideration when buyers have more listings to compare. In Royal LePage’s latest BC-specific survey of first-time buyer preferences, 21% of real estate professionals identified newly renovated or move-in-ready homes as a leading non-price priority for their clients.

That comparison can extend beyond finishes. An aging roof, older windows, outdated heating equipment, or a renovation that needs to happen immediately can affect how two similarly priced properties stack up. But move-in-ready does not necessarily mean newly remodelled. A home that has been maintained well and does not require major near-term work can carry its own appeal.

3. Secondary Suite Potential

Secondary suites can serve several purposes for BC buyers. The 2026 CMHC Mortgage Consumer Survey, which covers mortgage consumers across Canada, found that 21% had a secondary suite. Among homebuyers who had one, 65% said the suite was an important factor in their purchase decision.

A suite can provide rental income, accommodate relatives, or create space that can change with a household over time. For buyers considering a property with one, configuration, privacy, and local permitting or approval requirements are worth examining closely.

A separate entrance, adequate privacy, and proper approvals can distinguish a genuinely useful suite from a finished basement with limited flexibility.

4. Energy Efficiency

Energy efficiency is a factor buyers may encounter when comparing the long-term cost of different homes. CMHC’s 2026 national survey found that 29% of mortgage consumers planning renovations intended to improve energy efficiency, with windows, doors, and air sealing among the most common planned upgrades.

Heat pumps are particularly relevant in British Columbia. More than 31,000 had been installed in the province with federal support by March this year, and BC Hydro currently offers rebates for qualifying heat pumps, insulation, windows, and other efficiency improvements.

The equipment itself is only part of the calculation. Insulation, windows, heating and cooling systems, and expected utility costs can all influence how much work a buyer may need to take on after closing.

5. Usable Outdoor Space

Outdoor living remains a tangible priority for at least part of the BC market. In Royal LePage’s latest BC first-time buyer research, outdoor living space and parking were tied as the most frequently cited non-price priorities, each at 24%.

What makes that space useful depends heavily on the property. A covered balcony can carry more day-to-day value in an urban condo than an oversized terrace exposed to coastal rain. Elsewhere, a sheltered patio, manageable yard, or space for outdoor dining may matter more than lot size alone.

Buyers are not necessarily looking for the largest outdoor area. The more relevant question is whether it works for the property, the climate, and the way they expect to use it.