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.

 

250-889-5553

info@mimiaktes.ca

 

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Real Estate in the Westshore

 

West Shore has become one of the fastest growing areas of Victoria BC as the number of homes, businesses, and opportunities have continued to increase. West Shore’s population growth is due to the heightened demand for land in the CRD and the decreasing availability of land in the City of Victoria. Home to five suburban municipalities including Colwood, The Highlands, Langford, Metchosin, and View Royal, homebuyers are looking to the municipalities of West Shore for affordable and diverse housing options. If you’ve ever thought about investing in one of these areas, continue reading to learn more about what each municipality has to offer. 

 

City of Colwood

Colwood offers a variety of different recreational pursuits to please everyone. Whether you enjoy hitting the gym, checking out the nature reserve, or playing golf, Colwood offers a wide range of activities to enjoy. In the summer time, the beach is a popular spot for sun tanning, swimming, wind-surfing, sailing, and walking. 

 

District of Highlands

Many people choose to live in the Highlands because of its rural character, natural beauty, and environmentally conscious efforts. Residents are encouraged to build their homes with the least environmental impact by minimizing vegetation removal, and using materials that blend in with the landscape. 

 

City of Langford

Langford is a young, growing community of over 25,000 people with ambition of a modern, West Coast style. Langford offers a large number of lakes and parks including Thetis Lake, Langford Lake, and the popular Goldstream Park. Langford’s population is flourishing, and is the fastest growing municipality in the CRD.

 

District of Metchosin 

Metchosin is a rural community that offers great horseback riding trails, nature parks, and oceanfront areas. There are many community events to enjoy such as the Farmers Market, Pioneer Museum and Book Sales, and the Poultry Swap.

 

Town of View Royal 

View Royal has a thriving arts community with visual and performing arts being central to many in their day-to-day lives. There are also numerous community facilities and recreational services, such as the public library, Juan de Fuca Recreation Centre, and public parks. 

 

Whether you’re looking to invest in the West Shore because of it’s affordable and diverse housing options, community events, natural beauty, or growing population, you are guaranteed to be making the right choice. To learn more about what the West Shore has to offer, contact me today.

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Please visit our Open House at 4 3211 Shelley ST in VICTORIA.
Open House on Saturday, September 30, 2017 1:00PM - 3:00PM
Open House Sat 1-3 Beautifully Renovated, 2 story, 3 bed 2 bath, 1400 sq. ft. Townhome in the Popular Cedar Hill area of Victoria. 3 large bedrooms, 1 full bath and one half bath. Bright, opened with a beautiful fenced patio. Close to all amenities, bus routes, shopping, parks and easy to get to Uvic. Chef Inspired Kitchen and hardwood floors throughout. New Re-insulated Roof and many upgrades that makes this home move in ready. A beautiful park right behind the property and central to everything in Victoria.
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I have listed a new property at 4 3211 Shelley ST in VICTORIA.
Beautifully Renovated, 2 story, 3 bed 2 bath, 1400 sq. ft. Townhome in the Popular Cedar Hill area of Victoria. 3 large bedrooms, 1 full bath and one half bath. Bright, opened with a beautiful fenced patio. Close to all amenities, bus routes, shopping, parks and easy to get to Uvic. Chef Inspired Kitchen and hardwood floors throughout. New Re-insulated Roof and many upgrades that makes this home move in ready. A beautiful park right behind the property and central to everything in Victoria. Open House Sat and Sun 1-3pm September 16th and 17th.
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Please visit our Open House at 4 3211 Shelley ST in VICTORIA.
Open House on Saturday, September 16, 2017 1:00PM - 3:00PM
Beautifully Renovated, 2 story, 3 bed 2 bath, 1400 sq. ft. Townhome in the Popular Cedar Hill area of Victoria. 3 large bedrooms, 1 full bath and one half bath. Bright, opened with a beautiful fenced patio. Close to all amenities, bus routes, shopping, parks and easy to get to Uvic. Chef Inspired Kitchen and hardwood floors throughout. New Re-insulated Roof and many upgrades that makes this home move in ready. A beautiful park right behind the property and central to everything in Victoria. Open House Sat and Sun 1-3pm September 16th and 17th.
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Please visit our Open House at 4 3211 Shelley ST in VICTORIA.
Open House on Sunday, September 17, 2017 1:00PM - 3:00PM
Beautifully Renovated, 2 story, 3 bed 2 bath, 1400 sq. ft. Townhome in the Popular Cedar Hill area of Victoria. 3 large bedrooms, 1 full bath and one half bath. Bright, opened with a beautiful fenced patio. Close to all amenities, bus routes, shopping, parks and easy to get to Uvic. Chef Inspired Kitchen and hardwood floors throughout. New Re-insulated Roof and many upgrades that makes this home move in ready. A beautiful park right behind the property and central to everything in Victoria. Open House Sat and Sun 1-3pm September 16th and 17th.
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I have sold a property at 4 3211 Shelley ST in VICTORIA.
This is an Immaculate 3 bed 2 bath, 1400 sq. ft. Townhome. New open-plan Chef's kitchen - quality cabinetry, high-end appliances, quartz countertops. Oak hardwood floors throughout. The top floor boasts 3 generous size Bedrooms, a full size Laundry room. Upgraded bathrooms featuring top-quality fixtures. Relax or entertain in your private south-facing patio and garden. Lots of storage. Centrally-located oasis at the end of a leafy cul-de-sac. Walking distance to all amenities ? schools, grocery stores, shopping, restaurants and medical offices. Less than 10 min. to UVIC and Camosun College. Quiet, family-oriented community. Extensive upgrade list and Floor Plans available.
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Victoria Real Estate Market Inventory Edges Up, Sales Still Constrained

May 1, 2017 - "The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016." says 2017 Board President Ara Balabanian.

A total of 885 properties sold in the Victoria Real Estate Board region this April, 31.2 per cent fewer than the 1,286 properties sold in April last year. The ten year average for sales in April is 772 properties.

"We are starting to see hints of a more traditional spring market. Local agricultural production has been delayed due to the late spring, and so has the local real estate market," adds President Balabanian, "More sellers listed their homes for sale over the month of April compared to the month previous."

There were 1,690 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2017, an increase of 8.6 per cent compared to the month of March, but 34.8 per cent fewer than the 2,594 active listings for sale at the end of April 2016.

"Inventory is still low, which means that buyers may encounter multiple offer situations in some of the high demand areas - there is still more demand than supply," adds President Balabanian.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2016 was $684,900. The benchmark value for the same home in April 2017 has increased by 17.6 per cent to $805,100.

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 1,360 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