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Victoria BC Community Blog

Update on Market Conditions in Greater Victoria and Why It Matters

Housing market trends

Being able to provide knowledgeable and effective real estate advice to our clients is a key part of the service we provide, and in order to do that, we need to have an understanding of a wide variety of factors, including market trends and outlooks for the region.

However, it’s not just professionals that can benefit from that knowledge. For homeowners and prospective buyers, knowing what’s happening can help you make informed choices, and guide your decision making process. 

With that in mind, here’s why buying and selling at the right time is so important, and what the market conditions in Victoria are telling us about whether now is the right time for you to make your move.   

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Why You Should Move To Victoria — And What You Need To Know Before You Do

Victoria harbour

When it comes to figuring out your next move, location will undoubtedly be at the top of your criteria. This doesn’t just mean the neighbourhood you choose, but the area as a whole that you want to live in as well. 

And there can be few cities that can match Victoria in terms of scenery, culture, amenities, and quality of life. If you’re on the fence about moving, don’t worry — here’s our mini guide to what you need to know about living in Victoria, and advice for what to keep in mind when making your move to this fantastic city. 

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Top 8 family Activities on Vancouver Island

Kinsol Trestle

No matter whether you’ve recently moved to the Island, have made it your home for years, or if you’re a prospective buyer wondering what it may have in store for you, you’ll be interested to know what there is for you to do and enjoy with your whole family on Vancouver Island. 

It’s undoubtedly a great place to raise a family, and we think this list highlighting some of our personal favourite family activities on Vancouver Island, showcases exactly why that is. 

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Why Your Home Needs to be Staged When Selling

White living room staged

Selling your property and getting the best return possible is all about appealing to prospective buyers. And a big part of that appeal comes from how you present your home; it’s about showcasing its potential and qualities in the best light possible, ensuring you make the right impression. 

This is where staging comes in. Professional staging will usually involve arranging furniture, decorations, and other design elements in a way that is designed to appeal to prospective buyers. Professional staging is an expense, albeit one that will often pay off in terms of increasing the sale value of your home. 

However depending on the budget, and your aims and expectations, it may be beneficial to either go the professional route, or to take a more hands on DIY approach. But no matter how you go about it, there are a wide range of benefits when it comes to staging your home for sale, which we’re going to take a look at now. 

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How To Price Your Home And Deal With Multiple Offers

House Price

Pricing your home to sell is an essential part of budgeting and planning for your next move, and there are several factors that go into the final number. For homeowners it can sometimes be a little difficult to parse the number they’re offered by appraisers and real estate experts, but with a little research and understanding, you can have a better idea of what the market value range for your home truly is. 

Something that’s unique to BC homeowners is the BC assessment, which provides an estimated value for your home. In this blog we are going to to explain a little more about that, and its limitations, as well as providing you with advice on how to understand the true market value for your home, and what to do afterwards should you receive multiple offers.

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Should You Renovate Before Selling?

One of the trickiest propositions for anyone selling their home is that of deciding exactly how much work, if any, they should put into renovating the property before selling. Renovations are often costly, both in terms of time and money, and therefore there is a definite risk/reward element to any considerations. 

On top of this, even minor cosmetic changes need to be thought of with the broadest audience in mind, something that’s a much more fraught process than just accounting for your own individual taste! 

Luckily, you don’t have to make that decision alone, we’re here to lend you our expert opinion with this guide on whether or not you should be renovating your property before selling, and which renovations would better serve your interests. 

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Buy or Sell First? What To Keep in Mind

When it comes to property timing is everything, not just in terms of the market, or picking the right time for you to make your move, but in terms of making sure you have the easiest transition possible between your old and new homes. 

One of the most important decisions any homeowner has to make is whether they want to sell their old home before or after purchasing their new one. 

Truthfully there is no one right or wrong answer, it’s a matter of understanding your situation, and finding the right path for you. Which is why we’ve laid out some of the benefits and drawbacks of each approach when it comes to whether you should buy or sell first when moving to a new home. 

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Viewing Properties with COVID-19 Protocols

Interior of house, white living room with window

Over the last two years, we’ve seen so many parts of everyday life upended by the COVID-19 pandemic, and we can expect that to continue as we start this new year. In BC, there are still a number of restrictions and regulations that need to be adhered to, and there is guidance specifically for REALTORS®. We would like to assure you that we are following all regulations and safety advice, and in this blog we take a look at the measures that are currently in place

Accurate at time of publishing in January 2022

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Backyard Gardening in Victoria - Showcase Your Home

Backyard Garden

The west coast is famed for the spectacular beauty and diversity of its fauna, with some of the best gardens and forest areas in the world. But what about something a little closer to home? 

It’s true that some of the same conditions, the temperate rainforests, towering trees, and ample space, that make this area so beautiful, also pose their own unique challenges to home gardeners. Not to mention the increasingly unpredictable weather cycles and seasons! 

But ultimately it’s worth it to get that spectacular garden that can make your home feel more like a home, and provide exceptional value when it comes to the time to sell. 

So here’s our look at what you need to know to make the most of your Victoria backyard garden, and why gardens are so important to us as homeowners, and realtors!

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Christmas Events in Victoria 2021

Santa Claus taking cookie

Victoria is a magical and beautiful place to spend the holidays, with plenty of lights and events throughout the city. Here are just some of the events taking place for Christmas, including parades, markets, performances, lights, tours, and brunches with Santa!

Don't forget to check out local coffee shops and restaurants as well for their Christmas specials! 

Please note that events can still be cancelled or moved online, so please check the event website for the latest up to date information.

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