May Market Statistics from VREB
Featured Article: 14 Easy (and Affordable) Ways to Make Your Home Look Bigger & Brighter
June Community Events
What a crazy few months we’ve had! We know it has been challenging but we do see a lot of good things that have come out of this. The creativity, helpfulness, and community spirit that has grown through the last couple of months is truly inspiring!
As the economy opens up, real estate is becoming busier and busier. Yes, things look and are done a bit differently but it isn’t anything that we can’t handle. We are offering Virtual Open Houses for our Sellers, plus other great multimedia options to ensure Buyers can view your listing from afar. For Buyers we take precautions to ensure that you can tour a listing while still remaining safe and healthy. Do not hesitate to contact us for all of your real estate needs, we are here for you!
Be well and thank you for your continued trust in us as your real estate advisors. We’re all in this together!
ally and dennis.
Scroll down to our events section for some popular activities that you can still do in and around our city!
Victoria Market Statistics for
Victoria real estate activity picks up as restrictions ease
June 1, 2020 A total of 457 properties sold in the Victoria Real Estate Board region this May, 46.1 per cent fewer than the 848 properties sold in May 2019 but 59.2 per cent more than the previous month of April 2020. Sales of condominiums were down 55.7 per cent from May 2019 with 108 units sold. Sales of single family homes were down 42.9 per cent from May 2019 with 254 sold.
"Our market continues to respond to the current health crisis," says Victoria Real Estate Board President Sandi-Jo Ayers. "Activity in real estate right now echoes the activity in our broader community - as restrictions gradually begin to lift - so too have our sales and listings numbers. Of course, like any industry, we do not expect a sudden shift back to any kind of normal. That said, one theme that persists in our market is that well-priced properties in high demand areas continue to see multiple offers. Demand exists and we continue to have motivated buyers searching for their perfect home."
There were 2,544 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2020, 15.7 percent fewer properties than the total available at the end of May 2019 but a 10.4 per cent increase from the 2,305 active listings for sale at the end of April 2020.
"If you're considering buying or selling a property right now you will find the experience different than pre-pandemic," adds Ayers. "REALTORS® are doing our part to ensure that there is not a resurgence of COVID-19 in our community by following government health and safety guidelines, by leveraging technology to facilitate many aspects of the real estate transaction virtually and by implementing various clean showing protocols. Your Realtor will navigate the new processes and requirements to keep you, your property and our city safe and healthy."
FOR SALE! #103, #201, #203, #301 - 2130 Sooke Rd, Colwood - $609,000 - $659,000
3D tours available and EASY to show. Welcome to 2130 Sooke Rd – a collection of high quality, spacious and modern townhomes located in the heart of Colwood and within walking distance to Royal Roads University. Each home features hot water on demand, gas FP and stove, heat pumps/AC, granite counters AND an ensuite bathroom in each bedroom! Every home has an unparalleled bonus: a legal studio suite on the main level with separate entrance, laundry and patio – a perfect mortgage helper or flex space. This complex is professionally managed. Purchase price includes GST.
SOLD! 2617 Savory Rd, Langford - $1,212,500
You might think this gorgeous Lakefront has leapt off the pages of the latest Home Trends magazine... This stunning inside and out, top to bottom transformation makes this lakefront beauty one home that sure to impress. Plenty of natural light in a perfectly put together home that exudes style where the simplistic lifestyle at the lake beckons offering privacy, space, opportunity and convenience. The entry level main with it's gleaming white wood floors, walls & ceiling provides cottage comfort and a peaceful environment where the kitchen is certainly the centrepiece with 36" gas range, sink overlooking the lake, island breakfast bar, huge LR/DR space sitting room w/cozy gas FP. Up lake view Master, spa-like ensuite, funky nook BR in the A-Frame. In floor heat in the walk-out down sep. kitchen, LR, 3rd BR. Neat shop for those who like to tinker. sep. storage/weight room. Landscaped beyond compare flagstone patio & steps leading to your private motorized dock. Efficient Heat/AC pump.
FOR SALE! 1066 Chamberlain St, Victoria - $1,220,000
Introducing 1066 Chamberlain Street, a new 3 bed 3 bath half duplex targeting Passive House energy efficiency. Passive House Homes within Greater Victoria are a rare find. You will enjoy significantly lower annual energy costs, new levels of home comfort with controlled fresh air all year round in a completely draft free interior with an emissions-free heating system. This is achieved through the Passive House design, a combination of exceptional insulation levels, exceptional air tightness, triple pane windows, high performance doors and a Zehnder ComfoAir Heat Recovery Ventilator with wireless controls. Interior features include polished concrete flooring with radiant heat, open concept kitchen with quartz countertops and Blomberg appliances and all LED lighting. Offering a combination of custom architectural design, attention to detail and construction quality with this project. Offered at $1,220,000 plus GST. Info pkge.
PENDING! 10986 Madrona Dr, North Saanich - $999,000
Welcome to your own slice of Waterfront heaven tucked into a quiet bay in Deep Cove! This modern and updated home with spectacular views is compact, bright and functional. It feels like a cozy beach cottage and has the modern finishing’s for todays buyer; granite counters, generous work surface, refinished hardwood flooring, loads of storage, skylights to take advantage of the natural light and French doors opening to a private deck overlooking the ocean. The lower level has laundry and rec room with simple kitchenette and more storage. There is a separate studio with private full bath for your guests. Plan to drop your kayak into the easy waters of this special ocean inlet from your private beach access and where your neighbour is a small Marina. Enjoy the smell of the sweet salt air! A foreshore lease is in place with a deep-water moorage buoy and a boat house.
Some spaces feel tinier and more constricted than they have to, whether due to poorly placed windows or a lack of square footage. Luckily, short of knocking down walls, there are a few tricks you can use to make spaces light, bright, and airy with minimal time and money.
1. Clean the Windows
This may seem like an obvious solution, but it's one that's often overlooked: Cleaning the windows can make a noticeable improvement in the brightness of a room. To get your windows sparkling, you can make a simple cleaner by mixing one part white vinegar with two parts water in a spray bottle.
2. Use Mirrors Strategically
Position mirrors opposite windows to reflect more light around the house. If your walls are spacious, you can add an eclectic touch by assembling a gallery wall using mirrors of various sizes. Another smart trick: Place a mirror strategically at the end of a cramped hallway to make the corridor seem more spacious.
3. Rearrange Furniture
If your furniture is obstructing any of the light streaming in through the windows, rearrange the layout so the sun can really shine in.
4. Streamline Your Shelves
It may be tempting to pack your built-ins full of books and decorative objects, but be sure to leave a little empty space on the shelves. Too much clutter on display makes it look like your home is starved for storage space.
5. Cut Back on Clutter
The fewer objects in a room, the airier it will feel. In smaller rooms, scale back on bulky decor, tchotchkes, and other unnecessary items. Either get rid of them or move them to larger rooms with more natural light.
6. Hang Sheer Window Treatments
Ditch heavy window treatments in favor of lighter ones. Choose sheers, if possible, which will let in the most light while still offering some privacy.
7. Hang Curtains Strategically
When you install a curtain rod, make sure it extends beyond either side of the window casing. Not only will the windows look bigger, but when the curtains are open they won't block the glass or the incoming light. Likewise, mounting the curtain rod several inches above the top of a window will make it look taller.
8. Swap Out Doors
Replace solid doors with French doors in rooms that don’t require complete privacy. The transparent glass panels will make a room feel more spacious, as will installing transoms over doors.
9. Lighten Up Floors
Dark colors on floors, walls, and ceilings can make a room feel smaller and more closed off. While it's easy to paint the walls, changing out dark floors is an expensive proposition. For a quick fix at a fraction of the cost of replacing the floor, try laying down lighter area rugs or carpet tiles over a darker floor to set a brighter color palette for the space.
10. Layer Your Lighting
Use multiple light sources in each room so no matter how much or how little natural light is coming in from the outside, you can always add a little more. Start with a primary light source—for example, overhead lighting—then mix in secondary sources, such as accent lamps or task lighting.
11. Scale Down Furniture
If you can, swap out heavy furniture for pieces with slimmer profiles. Opt for sofas with exposed legs and low tables made of materials like wrought iron, glass, and acrylic to make a space feel roomier.
12. Be a Minimalist on the Walls
A cluster of gallery-style artwork may not be the best choice for a small space. Choose a few pieces of art and make sure there’s plenty of space around each one to make the walls feel more expansive.
13. Storage Space
Tuck nonessentials out of sight with dual-purpose pieces like storage ottomans or benches. Less visual clutter on shelves and other surfaces translates into an airier interior.
14. Use Paint to Your Advantage
Nothing will brighten up a room as quickly as painting it in a light, neutral color palette. Make your bold statements with pops of brighter colors for furnishings and accessories.
With all the time we've been spending at home, these tips are a great way to freshen up your space!
June 2020 Victoria Activities
Get to know ally and dennis, and hear what our past clients have to say about us, in this video!
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