Tuesday, October 07, 2014

October 1, 2014  Strong Sales and Stable Market Conditions Continue Through September

The Victoria Real Estate Board today released its report on real estate activity in the Victoria area for September 2014.
565 properties sold in the region this September - an increase of 16% compared to the 487 properties sold in the same month last year. The quarter ending in September shows a 15% increase in the number of sales overall compared to the same quarter in 2013.
"Once again we see more houses sold this month than last September," Victoria Real Estate Board President Tim Ayres says. "We haven't seen sales like this in September since 2009. The balanced market conditions we've seen over the last seven months mean property prices are stable, so it might be more comfortable for buyers and sellers to make a move because they know that property values are predictable."
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core this time last year was $550,900. This month the benchmark value increased to $556,200.
"There are some districts in the Victoria area that have seen an increase in their benchmark values, and others that are relatively flat compared to last year," adds President Ayres. "Since there is this difference within the local market, it's important to connect with your local REALTOR® to get an understanding of the market as it relates to your specific neighbourhood."
STATS Graph

Thursday, September 04, 2014

Rental/Holding Property in Colwood  699,900.00
Main Photo
Bedrooms: 3
Bathrooms: 3
Parking Spaces: 5
Year Built: 1980
Subdivision: Colwood
Lot Size: 1.45 Acres
Garage Size: Double Attached
School District: 62
Square Footage: 2000
Agent Name: Lorne Tuplin
Broker: RE/MAX Camosun
MLS #: 341917
Price: CAD 699,900.00
Flexibility: Firm
544 Windthrop Rd
Victoria, BC V9C 3B5
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Fireplace
  • Kitchen Island
  • Vaulted Ceilings
  • Basement
  • Grass Lawn
  • Secluded setting
  • Tool Shed
Great 1.45 well treed acres with 80's home in need of a lot of cosmetic work! Would make an excellent rental until sewers arrive. Photos make it look pretty good but it really needs a total update & floor coverings. 4th lot of Wishart Rd. There is a well on the property and a large holding tank, but is hooked up to City water.

Lorne Tuplin - RE/MAX Camosun
250-217-4600
37 years as a sales associate focused on First Class Service
Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 291359001
All information in this site is deemed reliable but is not guaranteed and is subject to change

Thursday, August 07, 2014

Surprising Summer Sales for Victoria and Area Real Estate

August 1, 2014, The Victoria Real Estate Board today released its monthly report on real estate activity in the Victoria area for July 2014.
681 properties sold in the region in the month of July 2014, compared to 583 last year in July - an increase of nearly 17%. June 2014 saw 680 sales.
When compared with year-to-date sales in 2013, 2014 shows a 10% increase.
"I think the activity in July has surprised a few people," Victoria Real Estate Board President Tim Ayres says. "Traditionally the summer market is slower than the spring, but numbers are tracking closely to March and April sales this year. Last year sales in July were 12% lower than in June - and June was the peak of the market in 2013. This year we see slightly more sales in July than in June. This is the first year since 2003 that July numbers have beaten June."
The MLS® Home Price Index (HPI) benchmark value for a single family home in the Victoria Core area in July was $562,000 - 2% higher than last year’s average value for the same home - $550,900.
Private acreage with updated home Affordably Priced at 629,900
    Main Photo
Bedrooms: 3
Bathrooms: 3
Parking Spaces: 6
Year Built: 1973
Subdivision: Walfred
Lot Size: 2.04 Acres
Garage Size: Double
Square Footage: 2,067
Agent Name: Lorne Tuplin
Broker: RE/MAX Camosun
MLS #: 340934
Price: CAD 629,900
836 Walfred Road
Victoria, BC V9C 2P2
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Fireplace
  • Vaulted Ceilings
  • Basement
  • Patio
  • Swimming Pool
  • Grass Lawn
  • Secluded setting
Secluded, sunny 2.04 acre spot with substantially updated home. Features include open beam cathedral ceilings, Stone fireplace & cathedral style windows in living room, heated tile floors in kitchen & en suite bath & patio doors leading to 28' x 32' patio & small pool at back. Lower level has huge bedroom with en suite or could be family room. Lots of storage plus a double garage

Lorne Tuplin - RE/MAX Camosun
250-217-4600
37 years as a sales associate focused on First Class Service
Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 288988019
All information in this site is deemed reliable but is not guaranteed and is subject to change

Wednesday, July 30, 2014

Gorgeous Penthouse unit 2168 sq feet, 3 bedrooms + office. Reduced to  599,900.00
           Main Photo
Bedrooms: 3
Bathrooms: 3
Parking Spaces: 2
Year Built: 2009
Subdivision: Lagoon
Located on Floor #: 4
Floors in Bldg: 4
School District: 61
Square Footage: 2168
Agent Name: Lorne Tuplin
Broker: RE/MAX Camosun
MLS #: 339734
Price: 599900
Price: CAD 599,900.00
Homeowner Dues: 774
3223 Selleck Way
#408
Victoria, BC V9C 0E7
  • Range/Oven
  • Full Refrigerator
  • Washer/Dryer
  • Dishwasher
  • Microwave
  • Fireplace
  • Hardwood Floors
  • Kitchen Island
  • Vaulted Ceilings
This 3 bedroom + den suite is on the top floor with abundant windows, gas fireplace & 14 ft ceilings in the living & dining rooms! The suite looks out over the Bird sanctuary & Lagoon with Mr Baker in the distance. Huge 20' x 17' (approx.) ft deck covered for use all year round. Nothing but the best in high end finishes, wood floors, granite counter tops, incredible spa-like bathrooms, top quality stainless steel appliances and soft closing cabinets in the gourmet kitchen. Master has it's own patio doors to sheltered, totally private deck plus 5 pc en suite with heated tile floors, soaker tub & double shower with rain head. Two underground, secure parking spots and a huge storage room! Walk along the Lagoon or on the Royal Roads trails!

Lorne Tuplin - RE/MAX Camosun
250-217-4600
37 years as a sales associate focused on First Class Service
Powered by vFlyer.com Equal Housing OpportunityVFLYER ID: 286284000
All information in this site is deemed reliable but is not guaranteed and is subject to change