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Victoria's housing market, home prices and values


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#5941 Matt R.

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Posted 08 November 2024 - 11:29 AM

Is this the Don Mattrick property?

#5942 Victoria Watcher

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Posted 08 November 2024 - 12:57 PM

Could be an IKEA coming I suppose.



#5943 Sparky

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Posted 08 November 2024 - 01:27 PM

screenshot-www_google_com-2024_11_08-13_58_28.png


John Travolta maybe?


John needs an airstrip attached to his house. He’s not going to schlep from Oak Bay to YYJ every time he needs to flash up the jet.
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#5944 Matt R.

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Posted 08 November 2024 - 01:44 PM

Where did Mattrick end up? That rumour was months ago.

#5945 Citified.ca

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Posted 10 November 2024 - 09:17 AM

CEO of Ovis Group shares his thoughts on the Greater Victoria real-estate development market, and tells the story of how he came to develop property in Greater Victoria after starting out in Quebec.

 

Ten-on-the-10th-october-2024.jpg

 

Ovis Group's Sébastien Leboeuf discusses the company's projects in Victoria, and its rise to big-time development

https://victoria.cit...me-development/


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#5946 Victoria Watcher

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Posted 24 January 2025 - 12:07 AM

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#5947 dasmo

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Posted 24 January 2025 - 06:28 AM

Looks like a good time for a trade war….
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#5948 Mike K.

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Posted 24 January 2025 - 07:04 AM

What are Canada and Australia doing that is similar, economically?

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#5949 dasmo

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Posted 24 January 2025 - 07:36 AM

Housing is a main economic driver?

#5950 m3m

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Posted 24 January 2025 - 09:46 AM

Also, population is highly concentrated in a few urban areas - areas that have highly restrictive zoning / housing policies.

#5951 Mike K.

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Posted 24 January 2025 - 10:02 AM

Any reason that Prince George isn’t a city of 500,000 people? Better climate than Edmonton.
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#5952 Blair M.

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Posted 24 January 2025 - 10:30 AM

Any reason that Prince George isn’t a city of 500,000 people? Better climate than Edmonton.

Folks east of the Rockies, and who contemplate such things, will tell you that although the climate in Edmonton is colder, the weather in Edmonton is actually better - in that along with that bitter cold comes a massive increase in available sunshine over any city west of the Rockies. 

 

Of course along with that sunshine comes brutal cold, as well as brutal snow - but that really only seems to be of major concern to those of us who were born, and/or spent the majority of our lives west of the Rockies - Edmontonians seem to take their brutal weather in stride, almost as a trade off for the sunshine.

 

Of course my argument begins to majorly break down when you contemplate Fort St. John, which duplicates Edmonton's weather, is on a large prairie, and has the same latitude (AND is east of the Rockies), but only has a population of around 20,000 people compared to Edmonton's one million people.

 

Personally, I've never understood why people in Edmonton choose to live there, so I'm obviously missing something.



#5953 dasmo

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Posted 24 January 2025 - 10:38 AM

Money, and home is home.
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#5954 Mike K.

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Posted 24 January 2025 - 01:33 PM

Personally, I've never understood why people in Edmonton choose to live there, so I'm obviously missing something.

 

I have lots of family in that part of Alberta, in Edmonton, etc., and lived there Jan to Apr once upon a time for a university coop. Winter in Edmonton ...was crazy, for a Victoria kid.

 

But I really liked the city and the people. It's got a very down-to-business vibe, an energy that you feel. Calgary even more so, from what I gather from people who live there.


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#5955 Blair M.

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Posted 24 January 2025 - 01:49 PM

Edmonton does have an abundance of amazing parks, and the South Saskatchewan River basically flows right through the city and right beside downtown. You're also living on the prairie, which has its own appeal and geographic uniqueness. 

I can see the appeal if it's where you grew up and where your family lives.

I've always been there in winter, and my vision of the city is very likely heavily skewed to me being freezing cold, my car not starting, and my not really knowing the city layout at all.

 

Calgary on the other hand, is a city I could live in without any problem at all. It's one of the most vibrant places I've ever spent time in. 

I lived in Banff for a couple of years while going to the Banff Centre, and visited Calgary weekly.

It was back in the halcyon days of Electric Avenue (17th Ave, also the "Red Mile") where some 60,000 people would head to party after a Calgary Flames home game, with the nightlife scene some of the best in Canada at the time.

But a little shack on Mount Royal somewhere, with the Rockies and wide open prairie at your back door would be pretty good living.


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#5956 Mike K.

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Posted 24 January 2025 - 02:08 PM

I visited Prince George last fall. I quite liked it. The downtown was -very- clean. The open expanse of space was neat, and then as I drove south towards Valemount some beautiful country emerged. 


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#5957 LJ

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Posted 24 January 2025 - 09:10 PM

I have friends that lived in Cold Lake Alberta for many years, they were a very successful couple and owned many businesses. When they retired and sold everything they moved to Edmonton. I couldn't believe it, out of all the places they could have moved, they picked Edmonton.

 

I have been to Edmonton many times and I can't say anything good about it. If the provincial government left, there would be nothing there. Coincidentally I am going to be in Edmonton on Sunday, only for a few hours and not by real choice.

 

Calgary OTOH I really like, I could easily move there.


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

#5958 Matt R.

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Posted 24 January 2025 - 09:14 PM

Lots of oil and gas work still in Edmonton, no?

#5959 Mike K.

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Posted 25 January 2025 - 06:20 PM

Tons.

Calgary signs the deals, Edmonton does the work. People either like it or hate it, but there is another life to Edmonton for the wealthy. I caught a glimpse of that and couldn’t believe how much wealth was in that city and how people with wealth lived.

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#5960 Barrister

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Posted 25 January 2025 - 07:47 PM

Mike, and now it is back to the city of dog kennel condos. I just think our young folks deserve better.



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