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Victoria's housing market, home prices and values


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#2661 spanky123

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Posted 12 November 2018 - 12:38 PM

There are lots of beautiful areas where you can get a house for less than 100k! Just don't ask or talk about the winter weather

 

Lots of people would rather have a sunny day with snow on the ground than rain for 3 months of the year. 



#2662 tjv

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Posted 12 November 2018 - 02:47 PM

^I'm sure, just look at the population of NYC as an example.  Its not for me, but to each his own

 

Yes, and Port Alberni as well.

In those small communities you could even have an ocean view for that price. Not too shabby.

I did a search in PA and came up with no houses for sale under 150k.  I did however find one that needs "lots of TLC" for 167.9k.  Probably comes with free cockroaches.  Sorry I would take PA out of that list

 

https://www.realtor....z6-port-alberni

 

But just look at this dream house in Woss for under 100k.  Hmm I wonder if it comes with a free noose?

 

https://www.realtor....ve-woss-z7-woss


Edited by tjv, 12 November 2018 - 02:48 PM.


#2663 dasmo

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Posted 12 November 2018 - 03:51 PM

^I'm sure, just look at the population of NYC as an example. Its not for me, but to each his own

I did a search in PA and came up with no houses for sale under 150k. I did however find one that needs "lots of TLC" for 167.9k. Probably comes with free cockroaches. Sorry I would take PA out of that list

https://www.realtor....z6-port-alberni

But just look at this dream house in Woss for under 100k. Hmm I wonder if it comes with a free noose?

https://www.realtor....ve-woss-z7-woss

Sheesh I feel like killing myself just after viewing that listing!

#2664 Mike K.

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Posted 12 November 2018 - 05:27 PM

Hmm, I swear just a few weeks ago I saw a listing or two in the PA area for around $100k.

Anyways, my dream is to live in an oceanfront home between Campbell River and Courtenay. I love that part of the island.

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#2665 tjv

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Posted 12 November 2018 - 06:47 PM

Could have been and they could have been snapped up

 

I do apologize for the noose comment if it offends anyone btw, if someone can afford to buy a house, even that house in Woss at 100k and they are happy, that's all that matters



#2666 Bob Fugger

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Posted 12 November 2018 - 08:07 PM

We had the VERY SAME brown, patterned lino in the basement of the house I grew up in.


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#2667 dasmo

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Posted 12 November 2018 - 09:16 PM

And look how you turned out...
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#2668 snub

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Posted 14 November 2018 - 11:56 AM

Sorry if this a dupe, it's a very long thread.

Attached Images

  • Affordability By City.jpg


#2669 Citified.ca

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Posted 10 December 2018 - 05:02 PM

Ten on the 10th- real-estate development Q-A with Luke Mari and Ryan Goodman of Aryze Developments.jpg
 
Ten on the 10th: real-estate development Q&A with Luke Mari and Ryan Goodman of Aryze Developments

https://victoria.cit...e-developments/


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#2670 Sparky

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Posted 01 January 2019 - 06:32 AM

First of all please allow me to wish our members, contributors, readers, and fellow moderators a Happy and prosperous New Year.

 

My gift to you for the first day of 2019 is a link to the BC Assessment page where you can look up your new current "assessed" value of your real estate holdings.

 

I know...I am too good to you guys.

 

https://www.bcassessment.ca/

 

Our real estate assessments increased an average of 8.3% over last year's assessment, which seems about right in the current climate. Last year's values showed an increase of a little under 20% which in our case was the strongest year ever.


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#2671 Nparker

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Posted 01 January 2019 - 09:09 AM

My assessment was up 20% this year. Only in 2017 has it gone up more in one year (21% then).



#2672 jonny

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Posted 01 January 2019 - 11:32 AM

Ours is up 22%...lol

#2673 sebberry

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Posted 01 January 2019 - 11:53 AM

Looks like mine grew about 8% 363 to 394k

 

Assessments don't reflect anything like strata bylaws, do they?


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#2674 tjv

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Posted 01 January 2019 - 01:53 PM

Mine's up 18.8%.  thank god bc assessment thinks 2400 sf of my house is unfinished


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#2675 RFS

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Posted 01 January 2019 - 05:37 PM

Mine seems way too high. Far more than I’d actually get on the market. Maybe I’ll dispute it

#2676 Sparky

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Posted 01 January 2019 - 05:51 PM

^ To quote the Scotia Bank..... "You are richer than you think"

:)


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#2677 AllseeingEye

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Posted 01 January 2019 - 06:55 PM

Have never put much stock in this exercise especially after looking up my parent's old house near UVic/Mt Tolmie: I typed in the address and it came back with "property not found". Really?!?

 

I guess the aliens scooped it up some time in the last five days since I cruised through that neighborhood just last week and it looked like the house was still there to me. Then just for fun I checked my grandparent's old property on Darwin Ave in Saanich - "Built 1932". Uh...no. Sorry BCA you're off by only 66 years, lol. The original house was refurbished completely in 1993, upgraded and modernized significantly again two years later then completely demolished and totally rebuilt in 1998 - twenty years ago. Try again.

 

With such such shoddy and and just plain, factually wrong 'data', one has to wonder how much stock can really be put on the $ assessments this agency comes up with. (For whatever its worth we were up just over 15%, heh)



#2678 LJ

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Posted 01 January 2019 - 07:15 PM

down 1%


Life's a journey......so roll down the window and enjoy the breeze.

#2679 Rob Randall

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Posted 01 January 2019 - 07:30 PM

Are those listings brand new? Because the date on mine says January 7, 2018. Are new ones coming next week or are they always dated one year earlier?



#2680 Nparker

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Posted 01 January 2019 - 08:12 PM

Are those listings brand new? Because the date on mine says January 7, 2018. Are new ones coming next week or are they always dated one year earlier?

I believe the date on the assessment - Assessed as of 01-07-2018 - means July 1, 2018.



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