Things are already heating up in Langford, Colwood, Saanich and Victoria with new listings and competing bid situations. Top Victoria Homes has already been flooded with calls for Market Assessments and New Buyers both from Victoria and Vancouver.
Eventhough it's a seller's market, not all homes are selling. It is important to price you home correctly and have an expereinced and professional Realtor to market your home to ensure it has the widest exposure to get you top dollar for your home.
We have already seen sought after properties selling for over $80k more than list price. It is important for buyers to do their homework. Make sure you can afford the home you are looking for and that the bank has given you a certified pre-approval.
For homes that have a delayed offer situation, it is important to use the preceeding days wisely. Have you bank do an appraisal and get a pre-inspection so you can go into a competing bid situation with all your ducks in a row and minimal to no conditions on your offer.
There are all sorts of new ideas to help with the "Colwood Crawl" A potential bid for a new Ferry between Royal Bay and Downtown Victoria, the McKenzie Interchange is progressing well and a lot of new constuction and road improvements are in the works.
Contact Mimi for more information on the current Real Estate Market and if it's time for you to buy or sell.