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I have listed a new property at 3126 QuAppelle ST in VICTORIA.
Character home with a nice kitchen dining room combo and large living room. Three good sized bedrooms and a 4 piece bathroom the main floor. Large master in the loft space with gas fire place and 2 piece bath. On the above ground floor is a very nice 2 bedroom suite with a large L room & private patio. Shared laundry and lots of storage in this home. The west facing back yard with raised garden beds can be transformed or a place for kids to play. There is a detached garage that could be used as so many functions. Many updates include:lifted with new foundation, gas, electrical, plumbing, hardy plank & painted, roof 2006, insulated between suites and maple floors installed in master. Great neighborhood walking to shopping parks and movies.
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I have listed a new property at 305 1061 Fort ST in VICTORIA.
PRIME DOWNTOWN ANTIQUE ROW LOCATION. Trendy, affordable home, perfect urban getaway pad or fantastic rental unit. Open concept studio in the ever-popular MOSAIC, a landmark 1963 John DeCastri designed building transformed into chic urban condos in 1999. One of the bigger units, this is on the quiet, Meares side & faces east - lots of morning sun, not afternoon heat. In-suite laundry, gleaming wood floors, 11 foot ceilings, new fridge & dishwasher, pets & rentals OK. Live work zoning, steel & concrete construction. Easy to maintain; heat, hot water, gas included in low strata fee. Walk to Cook St Village or downtown - enjoy coffee shops, bistros, theatres & more. Building is 100% non-smoking. And, DIRECT BUS TO UVIC. Call to see this today!
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I have listed a new property at 2 6790 Grant RD W in SOOKE.
Brand new 3 bedrooms 2 bathroom upper duplex. Located at Boardwalk on Grant. Approximately 1475 sq.ft. over 3 levels, priced at $359,900 GST Incl. Appliances included, or buy top and bottom at $579,900. 2 Legals, put family below and they own it. Completion due around September 1st, 2017. With extended family this concept could be future of real estate. (Note address will change once Strata Titled. Strata fees approximate $100 per month)
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I have listed a new property at 1 6790 Grant RD W in SOOKE.
Brand new 2 bedrooms 1 bathroom home. 'Board Walk on Grant' 750 +/- sqft located in a rural setting. Appliances and GST are included. $239,900. Buy upper unit at $359,900 do a package. Completion is estimated at September 1st, 2017. 4 Plex, there will be 2 top and 2 bottom units (This is a bottom unit) Pls note: Address will change once Strata Titled) Strata fees will be approximately $60/month
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From a new home or heritage treasure to a refinance or investment property, MaxxMortgages’ goal is to help you get the best financing solution for your needs. Our Mortgage professionals assess your unique situation and help you understand what you can comfortably afford.

 

We act in your best interest, researching and filtering through hundreds of loans and products with over 50 mortgage lenders. We review the best options together, make key decisions and support you through the application and closing process.

 

It's fast, efficient and unlike banks offering only their own mortgage products, Maxxmortgages can offer an array of mortgage options. We are paid by lending institutions so there's no cost to you and no surprises.


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There are 5 essential ingredients that comprise the “formula” for the successful sale of your home.

 

 

 

Your home will sell at highest price and in the quickest amount of time when all the ingredients are combined perfectly.

 

If only one ingredient is left out of the formula or is out of proportion to the others…

 

Your home will take longer to sell and will, quite possibly, COST YOU MONEY

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Ask one of our experts about marketing your home.

 

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June 1, 2017 -  "This month we have seen an increase in inventory - which means that buyers have more choice - and it means that now in some areas sellers are competing for buyers," says 2017 Victoria Real Estate Board President Ara Balabanian.

There were 1,896 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2017, an increase of 12.2 per cent compared to the month of April, but 21.2 per cent fewer than the 2,406 active listings for sale at the end of May 2016. 

A total of 1,006 properties sold in the Victoria Real Estate Board region this May, 22 per cent fewer than the 1,289 properties sold in May last year. The ten year average for sales in May is 815 properties. 

"There are many different market conditions in Victoria, because we have so many different neighbourhoods and different levels of demand for those neighbourhoods," adds President Balabanian. "The market won't change immediately, but we can track a shift as more inventory enters the market to meet the demand from buyers. Overall, pressure on pricing is easing because of the increase in inventory and the rate of increase of price is normalizing. As we have predicted, we are seeing the beginning of a gradual return to a balanced market in the Victoria area. In conditions such as the ones we see now, it's more important than ever to have an expert REALTOR® on your side whether you are buying or selling a property."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in May 2016 was $706,500. The benchmark value for the same home in May 2017 has increased by 16.8 per cent to $825,500. 

About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,363 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market. 

View our press release and summary here.

View our complete statistical package here.

 

For More Information

Victoria Real Estate Board 
Denise Hogue, Communications Manager

Phone: 250-920-4652

Notes for Interpreting Our Statistics

The use of sale price statistics can be useful in establishing trends when applied over a period of time, i.e. six months or longer. The Victoria Real Estate Board cautions, however, that such information does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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Estate | NS Swartz Bay, North Saanich Real Estate | OB Estevan, Oak Bay Real Estate | OB North Oak Bay, Oak Bay Real Estate | OB South Oak Bay, Oak Bay Real Estate | Other Boards, Other Boards Real Estate | PQ Errington/Coombs/Hilliers, Parksville/Qualicum Real Estate | SE Arbutus, Saanich East Real Estate | SE Broadmead, Saanich East Real Estate | SE Cadboro Bay, Saanich East Real Estate | SE Cedar Hill, Saanich East Real Estate | SE Cordova Bay, Saanich East Real Estate | SE Gordon Head, Saanich East Real Estate | SE High Quadra, Saanich East Real Estate | SE Lake Hill, Saanich East Real Estate | SE Lambrick Park, Saanich East Real Estate | SE Maplewood, Saanich East Real Estate | SE Mt Doug, Saanich East Real Estate | SE Mt Tolmie, Saanich East Real Estate | SE Quadra, Saanich East Real Estate | SE Swan Lake, Saanich East Real Estate | selling | Si Sidney North-East, Sidney Real Estate | Si Sidney North-West, Sidney Real Estate | Si Sidney South-East, Sidney Real Estate | Si Sidney South-West, Sidney Real Estate | Sk 17 Mile, Sooke Real Estate | Sk Becher Bay, Sooke Real Estate | Sk Billings Spit, Sooke Real Estate | Sk Broomhill, Sooke Real Estate | Sk East Sooke, Sooke Real Estate | Sk French Beach, Sooke Real Estate | Sk John Muir, Sooke Real Estate | Sk Jordan River, Sooke Real Estate | Sk Kemp Lake, Sooke Real Estate | Sk Otter Point, Sooke Real Estate | Sk Phillips North, Sooke Real Estate | Sk Port Renfrew, Sooke Real Estate | Sk Saseenos, Sooke Real Estate | Sk Sheringham Pnt, Sooke Real Estate | Sk Silver Spray, Sooke Real Estate | Sk Sooke River, Sooke Real Estate | Sk Sooke Vill Core, Sooke Real Estate | Sk Sunriver, Sooke Real Estate | Sk West Coast Rd, Sooke Real Estate | Sk Whiffin Spit, Sooke Real Estate | SW Gateway, Saanich West Real Estate | SW Glanford, Saanich West Real Estate | SW Gorge, Saanich West Real Estate | SW Interurban, Saanich West Real Estate | SW Layritz, Saanich West Real Estate | SW Northridge, Saanich West Real Estate | SW Royal Oak, Saanich West Real Estate | SW Strawberry Vale, Saanich West Real Estate | SW Tillicum, Saanich West Real Estate | Vi Burnside, Victoria Real Estate | Vi Central Park, Victoria Real Estate | Vi Downtown, Victoria Real Estate | Vi Fairfield East, Victoria Real Estate | Vi Fairfield West, Victoria Real Estate | Vi Fernwood, Victoria Real Estate | Vi Hillside, Victoria Real Estate | Vi James Bay, Victoria Real Estate | Vi Jubilee, Victoria Real Estate | Vi Mayfair, Saanich East Real Estate | Vi Mayfair, Victoria Real Estate | Vi Oaklands, Victoria Real Estate | Vi Rock Bay, Victoria Real Estate | VR Glentana, Victoria Real Estate | VR Glentana, View Royal Real Estate | VR Hospital, View Royal Real Estate | VR Six Mile, View Royal Real Estate | VR View Royal, View Royal Real Estate | VW Songhees, Victoria West Real Estate | VW Victoria West, Victoria West Real Estate | Z02 Union Bay/Fanny Bay, Zone 02 - Comox Valley Real Estate | Z03 Chemainus, Zone 03 - Duncan Real Estate | Z03 Cowichan, Zone 03 - Duncan Real Estate | Z03 Duncan, Zone 03 - Duncan Real Estate | Z03 Honeymoon Bay, Zone 03 - Duncan Real Estate | Z03 West Duncan, Zone 03 - Duncan Real Estate | Z03 Youbou, Zone 03 - Duncan Real Estate
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.