New Listing
$679,900Large family home with 1 bedroom suite

Living Room

Formal Dining Room

Kitchen

Breakfast Nook

Deck

Floor Plans

Custom Built 3150 Sq foot home with spacious entry leading to exceptionally bright central staircase with 8' x 8' skylight above! Super open floor plan with living/dining separated by gorgeous gas fireplace, living room open to kitchen. See floor plan. Master bedroom is huge & has walk in closet and 5 pc bath with heated ceramic floors. Office or second bedroom right off front entry plus 2 more bedrooms & family room down that are part of main floor. PLUS there is a full 1 bedroom lower suite (zoned for secondary occupancy). Whole house demand Hot water, Maple hardwood floors, HRV system, Low "E" glass, smart wiring, & don't miss the huge storage accessed from back yard. Close to Latoria Creek park too. Call Lorne TUplin to View at 250-21--4600 or toll free at 1-877-478-9600

February 2012 Victoria Real Estate Market Reflects Consumer Confidence

VICTORIA, BC-The story continues from last month when the Victoria Real Estate Board reported a relatively stable market when compared to the same time in 2011, but REALTORS® report they are optimistic that new provincial HST transition rules and a New Home First-time Buyers Bonus will stimulate sales of new properties.
 

February’s sale volume was virtually identical to that of February 2011, but the average price softened by 5% for single family homes over February 2011. The average sales price for a single family home in Greater Victoria was $579,985, with a six-month average of $594,027, showing a corresponding decrease of 4.7% over February 2011.
 

"REALTORS® are reporting increased showings, especially since the Provincial budget announcements," says Carol Crabb, President of the Victoria Real Estate Board. "Our Members tell me the HST transition rules, increased HST rebates and New Home First-time Buyers Bonus are stimulating traffic for both new houses and condos.
 

"I think the BC budget also instilled consumer confidence. Potential buyers can see that our economy is stable and mortgage rates are incredibly low", Crabb says. "Not only are prices remaining stable, there are enough listings to allow buyers to perform their due diligence without making rash decisions. We encourage buyers to work with REALTORS® to ensure they are educated about current market conditions and recently announced government incentives."
 

With 3,977 active listings at the end of February, Crabb notes increased supply levels and sales are expected in keeping with the normal historical trend of spring activity.
 Total non-waterfront Single Family Dwellings sold: 258, up 4 sales over February 2011

Total waterfront Single Family Dwellings sold: 7, down 3 sales over February 2011
Single Family Dwellings sold over $1 million: 14 (1 over $2 million)

  

Summary Report & Graphs 

Monthly Sales Summary
Average Selling Price Graphs
Active Listings, New Listings and Sales Graphs

Another New Listing at Cedar Shores

Rentable $269,900

2 Bedroom + Den 1184 Sq. Feet

Living Room

Kitchen

Balcony

Pool

Grounds!

Like to swim, relax in the hot tub, perhaps warm your chilly bones in the sauna or have a game of tennis? This complex has it all PLUS you can launch a kayak or canoe from the point just a few yards away at the Gorge waterway! The unit is one of the large ones (1184 sq feet top floor corner) and has 2 bedrooms PLUS den. Rentals are allowed in this complex, this unit currently rents @ $1,300 /mo. There is also a party room with kitchen and racquetball court on site. Reasonable strata fees and excellent ongoing maintenance make this a great buy! Close to great walking trails, bus routes, shopping, and more. Listed $20,000 under Assessed Value!  Call Lorne Tuplin RE/MAX Camosun to view 250-217-4600 or toll free at 1-877-478-9600

Hot New Listing

509-75 Gorge Rd W

Priced at $269,900

Living Room

Dining Room

Kitchen

Master Bedroom

Glassed-in Deck

Tennis Courts & View

Wonderful TOP FLOOR unit so very quiet! Also a corner unit with a large glass enclosed deck, newer cupboards & flooring, new floor in kitchen, in-suite laundry. This complex has tennis courts, indoor pool, hot tub & sauna and has been managed well. Roof on all units recently re-done, common areas updated, a wonderful complex on the gorge waterway. Launch your canoe or kayak from the point!!! Underground parking on wait list. Call Lorne Tuplin at RE/MAX to view 250-217-4600 or Toll Free at 1-877-478-9600

New Listing

Affordable Downtown Condo

607-1630 Quadra St

This Bright 6th floor unit has a wide open view above the tree tops. Once on the Balcony you'll see the Heritage 1915 First Metropolitan United Church like you never have before. Inside the unit there have been many tasteful updates through out. Updates include: Floors, kitchen, bathroom, Lighting and Paint. Building has a Sauna, Hot Tub and Rooftop Lounge. Families, Pets and Rentals are Welcome. Listed at $209,900. Call Lorne Tuplin RE/MAX Camosun to view at 250-217-4600