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Victoria BC Community Blog

Update on Market Conditions in Greater Victoria Tag: real estate tips

Understanding the real estate market in Greater Victoria is key for anyone considering buying or selling a property. Our region's housing market is influenced by several factors, such as seasonality, interest rates, and economic trends, which can impact both home prices and the speed of sales. As with any market, conditions can shift rapidly, and staying informed is essential. Here are a few updates on how the market is performing.

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Navigating the Inspection Process: What to Expect Tag: real estate tips

Buying a home is one of the most significant investments you'll ever make, and ensuring it's the right decision involves thorough due diligence. The home inspection process is a key step in this journey, offering you a detailed assessment of the property's condition. This evaluation helps uncover any potential issues or hidden defects, providing you with valuable insights that can influence your decision. Here is what you can expect and things to think about for your home inspection.

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The Pros and Cons of Fixer-Upper Homes: Is It Worth It? Tag: real estate tips

Most people have heard the term ‘fixer upper’, and in all likelihood have encountered examples on tv or social media. But if it's something you’re considering for your property journey, or a possibility for the future, then you need to know what the reality of taking a property from undesirable to a dream home will look like. To help you, here are some of the pros and cons of taking on a fixer upper property, and why and when it would be a worthwhile choice for you to make.

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Breaking Down Closing Costs: What Every Homebuyer Should Know Tag: real estate tips

Key with house keychain

Purchasing a house is the most significant purchase anyone will make, both in terms of outlay and what it means for your future, which makes getting the budget exactly right vitally important to ensure you get the right value, without overspending or failing to make the most of the budget.

When it comes to this spending, it’s important to remember that it isn’t just the price of the property itself you will be paying - you will also have to factor in a range of other closing costs. Here’s our essential rundown of what every prospective homebuyer needs to know when it comes to closing costs and other related expenses.

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Home Improvement Projects to Increase Property Value Tag: real estate tips

When it comes to adding value to your home and making it a more appealing proposition for potential buyers, you don’t have to break the bank or bring in a professional to do major renovations. There are a variety of DIY projects you can undertake that will help add value to your home, and here are some of our favourites.

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8 Key Questions to Ask Before Hiring a REALTOR® Tag: real estate tips

Whether you’re buying or selling, getting the right end result for your property needs is one of the most important life decisions someone can make. This makes it all the more vital that you go into the process with an understanding of exactly what you should be looking for in a REALTOR®, as they will be the key person to guide and advise you. Here are 8 key questions you should be asking any prospective REALTOR® before you begin the journey.

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The Home Selling Journey Tag: real estate tips

house with sold sign

Everyone dreams of that first step on the property ladder—and with good reason, your first house will live long in your memory. However that first step is rarely the final one, and in order to fulfill your property dreams, and potentially find that forever home, selling that first property will be just as important as buying it. Getting the most value for your first sale will improve the options available to you as well as helping to set you up for the long term financially. Here is what to expect as a first time home seller, and how a REALTOR® can help.  

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10 Essential Tips for First-Time Homebuyers Tag: real estate tips

Buying a home is an exciting venture, but it's also a decision that requires careful consideration. Before starting it’s vital to be well-prepared, so here are 10 tips to guide you through the home buying process, ensuring that you make informed choices and find the perfect place to call your own.

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Renting Out Your Suite – Things to Consider Tag: real estate tips

Thinking of buying a home with a suite and renting it out? This can be a great idea to not only offset the cost of home expenses but can also potentially help with qualifying for a mortgage. However, it's essential to understand the intricacies and responsibilities that come with a suite. Here are some considerations, from financial implications to legal responsibility to being a landlord.

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4 Ways to Increase Your Home Value with Curb Appeal Tag: real estate tips

House with curb appeal

First impressions count, especially if you are looking to sell your home. We know buyers are guided by emotions, and so much of this can be influenced by what they see before they’ve even stepped foot in your property. Because the exterior of your property is the first thing anyone will notice about your home, it’s important to take the time to showcase your property in the best light! 

But curb appeal isn’t just about selling your property — it’s a long term investment that can make a property a more enjoyable place to live, as well as raising the value and appeal of your neighbourhood. It can also often be an inexpensive and relatively simple cosmetic makeover that still has a marked effect on the look and feel of a property, ensuring you create a meaningful and lasting first impression on visitors and prospective buyers. 

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