I have listed a new property at 844 Falaise Cres in Saanich. See details here
*OH March 23 12-2* Welcome to this lovely rancher on a huge, sunny lot and your opportunity to get into Broadmead! Offering accessibility with just one step up to the entrance and all rooms on a single level! Situated on a spacious 11,000+ sqft lot, this well-maintained home has been loved by its owners for over 33 years. Just steps away from Broadmead Village Shopping Centre, offering utmost convenience! With a carport, garage, and ample driveway parking, this home is perfect for the right buyer! Newer roof and 100 amp service. Enjoy the semi-open-concept dining/living room with a wood fireplace and a large kitchen, providing flexibility for any lifestyle. Configure the home as a 2-bed with large den or make it a 3-bed! Some updates and your personal touch will go a long way to take this home to the next level! Whether you seek an investment or the chance to create your dream home, this property offers endless potential! Bring your design ideas and make this house your own home today!
Please visit our Open House at 844 Falaise Cres in Saanich. See details here
Open House on Saturday, March 23, 2024 12:00PM - 2:00PM
*OH March 23 12-2* Welcome to this lovely rancher on a huge, sunny lot and your opportunity to get into Broadmead! Offering accessibility with just one step up to the entrance and all rooms on a single level! Situated on a spacious 11,000+ sqft lot, this well-maintained home has been loved by its owners for over 33 years. Just steps away from Broadmead Village Shopping Centre, offering utmost convenience! With a carport, garage, and ample driveway parking, this home is perfect for the right buyer! Newer roof and 100 amp service. Enjoy the semi-open-concept dining/living room with a wood fireplace and a large kitchen, providing flexibility for any lifestyle. Configure the home as a 2-bed with large den or make it a 3-bed! Some updates and your personal touch will go a long way to take this home to the next level! Whether you seek an investment or the chance to create your dream home, this property offers endless potential! Bring your design ideas and make this house your own home today!
The year has started out strong and stable! The Bank of Canada held rates once again in January. With a decrease in the latter part of 2024 still being projected, trepidatious buyers are slowly bringing demand back to our market. Entry-level homes in the $900,000 - $1M range are seeing the most activity, with 40% selling in multiple offers for above their asking price. With competition in this sector of the market growing, it's important to act quickly and strategically to achieve success. The need for the "missing middle" type housing has surged with townhome sales in particular up 50% from this time last year. Spring tends to bring more inventory and subsequent activity, and this year is no different. Inventory levels increased by 34% last month, which is fantastic, albeit a bit skewed given the record low numbers we experienced in February last year. Across all market sectors, 10% of properties are selling for above their asking price, and condos, townhomes, and detached homes are selling for an average of 98% of their asking price.
Effective April 1st, 2024, first-time buyers and new home purchasers will benefit from an increased exemption to the Property Transfer Tax payable on a home purchase. First-time buyers will now benefit from a full exemption up to a purchase price of $500,000 plus partial exemptions up to $860,000. For new-builds, buyers now benefit from a full exemption up to $1,100,000 with partial exemptions up to $1,150,000. The introduction of a 20% flipping tax on homes sold within a year aims to curb speculative activity. With only about 3% of properties being sold within the year, I don't expect this will make too significant an impact on our market overall.
With spring just around the corner, it's the perfect time to give our homes some muchneeded attention! I've put together a handy checklist to help you get started. From checking the roof to tidying up the garden, these ten easy steps will have your home shining bright and ready for spring!
Check exterior, clean gutters
Landscaping: prune, rake & fertilize lawn
Pressure wash deck, driveway, railings, etc
Schedule HVAC maintenance, replace filters
Clean windows and check for drafts
Test smoke detectors
Clean dryer & washroom fan vents
Check attic and/or basement for leaks
Spring cleaning! Declutter, donate
Inspect and clean chimney/fireplaces
I sat down with Chris Palliser from Shift Energy Group to talk about the Top 5 Things you should know about going solar.
Over the last decade, the cost of solar has decreased by 90%. Investing in solar can provide a return of 4-8% per year over 30 years, outperforming traditional investments like a GIC.
Surplus energy can be banked through the Net Metering Program without the need for batteries, helping you save more.
Government incentives include a 0% interest, 10-year payback loan to enhance energy efficiency, offering significant savings.
Solar panel installation can increase property value by an amount equivalent to the system's cost. Growing demand for home selfgeneration could further drive up resale value.
Solar installation provides clean energy and electricity bill savings for 25+ years, protecting against rate increases. Additionally, it reduces carbon footprint and allows charging of electric vehicles with solar power, with 8 panels providing enough range for 40,000 km per year.
I have sold a property at 306 1619 Morrison St in Victoria on Mar 20, 2024. See details here
Welcome to Morrison Manor, where urban living meets comfort and style! The fully renovated kitchen makes fantastic use of the space, with custom cabinetry abundant in both the kitchen and dining. Newer fridge, W/D, and hot water tank! Rich, wide-plank laminate flooring and an electric fireplace with custom wooden mantle create an elegant living/dining setting. Redone in 2019, you can enjoy your South-facing and fully enclosed balcony year-round for ultimate versatility! The in-suite laundry and ample closet space add to the convenience this unit has to offer. Secure underground parking and a separate storage locker included. Ideally situated in South Jubilee, on the edge of Fernwood, walking distance to the hospital and vibrant Oak Bay Village! Conveniently close to bus routes, all amenities, and offering incredible bike and walkability, this residence defines modern convenience. Pet-friendly with no size limit! Don't miss the opportunity to make this lovely unit your new home!
I have sold a property at 4296 Torquay Dr in Saanich on Feb 29, 2024. See details here
Level entry 1/2 duplex in a prime location backing onto Gordon Head Middle school and Lambrick high school. On a no through road with a west facing rear yard and ample parking this home is ideal for 1st time home buyers or those looking to downsize. Beautifully maintained and updated this move-in ready home features a large west facing deck looking over a private and fenced back yard. With finish features including a character styled fir front door, fir floors in living areas & bedrooms and a fireplace in living room this home offers a warm and welcoming ambiance. This 2 bed home also has an oversized laundry room that could double as a 3rd bedroom or den. The 6ft unfinished basement space downstairs is great for storage and is roughed in should you want to move the laundry downstairs. This prime location enjoys immediate proximity to great schools, Mount Doug Park, beaches and all amenities of the city.
I have listed a new property at 306 1619 Morrison St in Victoria. See details here
Welcome to Morrison Manor, where urban living meets comfort and style! The fully renovated kitchen makes fantastic use of the space, with custom cabinetry abundant in both the kitchen and dining. Newer fridge, W/D, and hot water tank! Rich, wide-plank laminate flooring and an electric fireplace with custom wooden mantle create an elegant living/dining setting. Redone in 2019, you can enjoy your South-facing and fully enclosed balcony year-round for ultimate versatility! The in-suite laundry and ample closet space add to the convenience this unit has to offer. Secure underground parking and a separate storage locker included. Ideally situated in South Jubilee, on the edge of Fernwood, walking distance to the hospital and vibrant Oak Bay Village! Conveniently close to bus routes, all amenities, and offering incredible bike and walkability, this residence defines modern convenience. Pet-friendly with no size limit! Don't miss the opportunity to make this lovely unit your new home!
I have sold a property at 5 1246 Fairfield Rd in Victoria on Feb 5, 2024. See details here
FAIRFIELD Charming character two bedroom bright south facing condo. This sunny upper private suite with large windows allow plenty of natural light and is on a corner. Quiet and secure. Pets are welcome in this well run professionally run strata. You can walk to the Cook Street village or downtown Victoria in minutes. There is a parking space and there are Echargers available. The unit was painted in 2020 and the Valor gas fireplace was installed along with new laminate flooring in 2023.
Please visit our Open House at 6 3235 Alder St in Saanich. See details here
Open House on Saturday, February 3, 2024 12:00PM - 2:00PM
*OH Feb 3 12-2pm* Step into your dream home in the coveted Mayfair Village! This impeccably updated unit features ample living space both inside and out! Your front door is down the path from the main road, making it exceptionally quiet and private. Your expansive galley kitchen is seamlessly connected to the adjoining dining area and open-concept living room. Off the living is a fully-fenced south-facing patio. Also on the main is a large coat closet, storage and powder room. On the upper, you'll find 2 large bedrooms-both with large patios- as well as a sizable 4-piece bathroom! The laundry is located upstairs for your utmost convenience! This highly proactive Strata has done numerous upgrades, including a newer roof, windows, exterior paint, balconies, and sliding doors. New hot water tank was installed in October! Moments away from the exciting enhancements coming to Rutledge Park, steps to Mayfair Mall, and so much more! Don't miss this opportunity to call Mayfair Village home!