Tuesday, May 12, 2020

Waterfront in Town! Huge Lot & Income Suite

https://homevictoria.com/mylistings.html/listing.424250-734-newbury-street-victoria-v9a-2c1.91764571

Waterfront! Offering you the best of living in the Gorge, backing onto the Colquitz River you can launch your canoe or kayak from your property & paddle down to the Portage Inlet & beyond. Charming south facing 4Bed/2Bth home with 2 bedroom income suite on a serene 13,000+SQFT water view lot. Ready to move in, this clean home features oak floors, wood fireplace, tons of storage, wood cabin boat house with historic dock, studio, workshop, deck, patio & more. With amazing views, incredible sunsets, majestic willow & apple tree, this an exceptional property on a quiet street tucked away from the noise & traffic but still a quick commute by car, bus or bike to anywhere in Greater Victoria. Here you are just steps to Cuthbert Holmes Park, Pearkes Recreation Center, & within walking distance to the Gorge Waterway, Galloping Goose Trail, shopping, buses & more, located approx 5 km from downtown. Air Bnb? In-law suite? Boarders? 3D Virtual Tour & Floorplan available.

Sunday, May 3, 2020

This one niche of the sagging real estate market is growing rapidly

A little good news: Real estate sales are climbing

Here Are The Top 5 Predictions For Real Estate Once The Pandemic Subsides

Why Now Might Be The Perfect Time To Acquire Real Estate

Victoria Spring market far from the usual as real estate continues to react to pandemic

https://www.vreb.org/pdf/VREBNewsReleaseFull.pdf

May 1, 2020 Victoria Spring market far from the usual as real estate continues to react to pandemic A total of 287 properties sold in the Victoria Real Estate Board region this April, 58.8 per cent fewer than the 696 properties sold in April 2019 and 52.8 per cent fewer than the previous month of March 2020. Sales of condominiums were down 64 per cent from April 2019 with 73 units sold. Sales of single family homes were down 55.8 per cent from April 2019 with 163 sold. “We continue to see the impact of the COVID-19 pandemic on the local real estate market,” says Victoria Real Estate Board President Sandi-Jo Ayers. “Sales numbers are much lower than what we expected to see this spring and new listings are slow to come to market as owners wait to see what our community’s trajectory is over the course of this pandemic. As a result, the available inventory of properties for sale remains lower than in April last year. Like so many other industries, much of the real estate market is watching, waiting and adapting.” There were 2,305 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2020, 16.2 percent fewer properties than the total available at the end of April 2019 but a 2.4 per cent increase from the 2,252 active listings for sale at the end of March 2020. “Real estate services and REALTORS® were declared an essential service by our province in March in order to protect consumers who need to make real estate transactions during this time,” adds Ayers. “This responsibility has opened opportunities for our profession to adapt our way of doing business to ensure our community’s health is protected. Technology has allowed us to move much of our work online. Now you can participate in an open house from the comfort of your couch and manage your contracts and negotiations securely online. Of course, the vast majority of transactions still require an in-person showing at some point and so local Realtors are ensuring they are adhering to the advice of the Provincial Health Officer. We know that we are in complex times, but also that some people need to buy and sell. Our message has been and will be moving forward - if you need us, we are here.” The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2019 was $843,500. The benchmark value for the same home in April 2020 increased by 4.6 per cent to $882,700, 0.6 per cent more than March’s value of $877,700. The MLS® HPI benchmark value for a condominium in the Victoria Core area in April 2019 was $512,700 while the benchmark value for the same condominium in April 2020 increased by 3.5 per cent to $530,700, 0.2 per cent less than the March value of $531,900.

Will House Prices Remain Stable Despite Property Market Lockdown?

Life After The Pandemic: How New York And Its Real Estate Market Will Recover

Real estate is waking up to pandemic insurance. But is it too late?

In States Loosening Lockdowns, Will Real Estate Markets Rebound?

A New York real estate agent's advice for buying or selling a home during the coronavirus crisis

Canadians won't rush back to normal life — even when government says it's OK

BC in decent shape

10 Perennial Vegetables That Grow Back Every Year

Renting Just Got A Whole Lot Easier in Victoria

Canada’s Housing System Is Cracking under the Crisis

Saturday, May 2, 2020

Grow Your Own!


Looking to get away from it all & grow your own food or immerse yourself in nature & all the luxury of modern living? Here is the one you have been waiting for! Open concept, one level rancher 2 bed + den & 2 bath on 1.6 acres w/ huge garage workshop (28x39 w/tall door,) massive greenhouse w/ power & hot water. Nice finishings: custom cabinetry in kitchen & bath, stone counters, stainless app, polished concrete floors w/ hot water radiant heat, custom tile work, vaulted ceiling, skylights, fireplace, 200amp service, metal roof, HardiPlank siding, cedar trim & the ceiling wood milled from the site. Rainwater containment system delivers purified water from the UV & micro filter w/1000 gallon storage tank, room for outdoor pool, equipped w/ 2 shipping containers w/ power, diesel generator, invisible fence, hot tub & parking for 6. Sunny south facing lot sheltered from wind. Live the best of both worlds here in a rural location only 18km to Westshore & 35km to Victoria. 3D Virtual Tour & floorplan available.


https://homevictoria.com/mylistings.html/listing.424120-376-becher-bay-road-sooke-v9z-1b8.91744496