Real Estate Blog

Waterfront Living

A West Coast Waterfront Paradise!  Nestled on 2.54 private acres is this quintessential West Coast waterfront home in Cherry Point. Featuring lofted ceilings throughout the home designed to take in natural light and exposing ocean views from almost every window in the home.To accommodate guests and entertaining; a new kitchen, 2 family rooms conveniently connected to over 1500sq ft of Kitchen decks, along with 4/5 bedrooms & 4 bathrooms. Downstairs features a waterside gym & lounge with walkouts to acovered waterfront patio. Plenty of parking with a covered carport with separate upstairs storage & sheltered walkways to the front door. Fully landscaped with terraces, mature shrubs & trees with meandering paths to the lowbank beach where you can

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Victoria Real Estate Market Changes Tempo for Autumn

October 2, 2017  A total of 640 properties sold in the Victoria Real Estate Board region this September, 18.1 per cent fewer than the 781 properties sold in September last year.

“We can certainly feel the difference in the current market when we compare to last year’s record breaking numbers. Last year the pace of the market was intense, there was a lot of pressure on pricing and demand,” notes Victoria Real Estate Board President Ara Balabanian. “Now the tempo of the market is trending slowly – very slowly – towards more balanced conditions. Recently we’ve seen overall price increases level out, which can indicate slightly less demand, and inventory is building.”

There were 1,976 active listings for

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Cadboro Bay Real Estate

Organic Cadboro Bay living. Only steps to the ocean and the shops of Caddy Bay sits this sweet home on Mystic Pond. 4 Bed & 2 Bath with a custom kitchen & open plan living is just the beginning of this story. Oak flooring, along with a custom wood burning fireplace creates the warmth that this home exudes. Taking advantage of the exceptional sun, the organic gardens were planted to provide food for the homeowners and to teach the children sustainability. Espalier fruit trees are only just coming into their own and with the additional new greenhouse, the growing is just getting started. The backyard is on Mystic pond and from the sun drenched decks one can watch the wildlife. Less than a minute walk down the quiet street is the

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There is a growing trend throughout the U.S. and Canada towards bigger and bigger homes. We want to discuss this trend and also ask the question is there ever such thing as too much house? As with any dispute personal taste and individual prerogatives are the driving forces.  People quite often look at upgrading their existing home for a larger one when they have outgrown their smaller one, receive a promotion or raise at work, or when they live a particular lifestyle. The idea of a “dream,” home is usually placed alongside having a large lot and home on that property but in real estate we learn everyday that everyone has a different idea of what their “dream,” home could be.

 

Income: How much house can you afford? The driving forces for the

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Condo for Sale

1 Bedroom & Den Sub Penthouse Floor. If you are looking for an investment in either your life or portfolio, look no further than this excellent building called the Astoria.

 

ABOUT CONCERT

Founded in 1989, Concert specializes in developing rental apartments, condominium homes and retirement communities, acquiring and developing commercial, industrial and infrastructure properties and in property management. With operations in British Columbia, Alberta and Ontario and the backing of more than 200,000 Canadians represented by the union and management pension plans who own Concert, our commitment is to build strong, sustainable communities across Canada

Victoria Condo for sale

Astoria Building

Concert's first residential development in Victoria, Astoria is a

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What happened in August?

A total of 736 properties sold in the Victoria Real Estate Board region this August, 16.6 per cent fewer than the 883 properties sold in August last year.

"I admit to being a little surprised by the August numbers," notes Victoria Real Estate Board President Ara Balabanian. "I expected inventory numbers to be climbing by now, but instead we've seen even lower numbers of listings on the market. This is likely leading to some buyer fatigue along with pressure on pricing in high demand areas."

There were 1,917 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of August 2017, a decrease of four properties compared to the month of July, and 8.5 per cent fewer than the 2,094 active

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James Bay is nestled into the southwest region of downtown Victoria and is home to charming Victorian and Edwardian character homes. “It’s the oldest residential neighbourhood on the West Coast of Canada, (source),” making it rich with history and diversity. This lovely neighbourhood is surrounded by water on three sides; Victoria Harbour to the north and west, and the Strait of Juan de Fuca to the south. Beacon Hill Park also provides a green border to the east. These attractions lend themselves to a wide array of tourism opportunities. Everything from horse drawn carriages to the vibrant Fisherman’s Wharf can be enjoyed year round.

History: Historically, James Bay was home to the Swenghwung First Nations who belong to the Lekwungen people of the

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Victoria is home to not only some of the best restaurants to grab a glass but also provides some incredible local wineries to tour and enjoy. “A cluster of Vancouver Island wineries are just a short drive north of Victoria along the Saanich Peninsula. Idyllic farms, dramatic ocean views and arbutus trees provide the backdrop for wineries here, (source).” Victoria’s climate is temperate all year round making it ideal for a variety of different growing seasons. “The Saanich Peninsula’s mild temperatures and fertile land produces fruity whites such as Pinot Gris and medium-bodied reds such as Marechal Foch. Pair wine with cheese from Salt Spring Island, Qualicum Beach and the Comox Valley or try locally caught Vancouver Island seafood, (source).” Below are

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Brentwood Bay is a small idyllic neighbourhood in the municipality of Central Saanich, which is nestled on the Saanich Peninsula. It lies north of Victoria and south of Sidney on the southern tip of Vancouver Island. “Previously named Slugget, after pioneer John Sluggett who settled in the area in 1876, the village of Brentwood Bay was given the rather more appealing name in 1925. Brentwood Village takes its name from the English town of Brentwood in Essex, home town of R.M. Horne-Payne, president of the British Columbia Electric Company in the 1920s, (source).” The Brentwood Bay-Mill Bay ferry is also a convenient 25-minute route across the Saanich Inlet for those travelling to or from the Swartz Bay terminal and destinations north of

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Market Report June 2017

"This year may feel a bit steady and less exciting when compared to last year's record-breaking market. People are getting used to this new tempo of brisk sales," says 2017 Victoria Real Estate Board President Ara Balabanian. "However, when we look at the longer term numbers, we're in a very active market. This June we counted over one thousand properties sold, while the ten year average for sales in the month of June is 798. If we remove 2016 sales, this June would have been the record breaker."

Victoria Real Estate stats

A total of 1,008 properties sold in the Victoria Real Estate Board region this June, 14.1 per cent fewer than the 1,174 properties sold in June last year.

There were 1,915 active listings for sale on the

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