Charming 4 Bedroom Ranch

SOLD

This charming 4 bedroom rancher is located on a quiet street in the highly desirable Glanford area. Ideally located to access the Pat Bay Highway or McKenzie Ave and close to amenities, schools, shopping and neighborhood parks and trails. This home boasts beautiful hardwood floors, coved ceilings, cozy gas fireplace, bright and spacious kitchen and eating area with access to a sunny south facing patio surrounded by fruit trees. Take advantage of the spacious corner lot and cedar workshop. Lots of storage available in the 4ft crawlspace. The fully fenced backyard is perfect for families, pets & gardeners!

Upgrades include: NEW high efficiency gas furnace, NEW high efficiency hot water tank, some rooms have been freshly painted, newer roof & windows.

For more information, or for a private viewing, please call or email Christina. Financing information available upon request.

Floorplan available (PDF)

MLS 260264

Dark days, but signs of light at the end of the tunnel

Landcore BC released their first quarter report on residential sales throughout BC. Landcore is a key resource that lenders, media, government, economists, academics, developers and Realtors depend on for accurate market information. Each quarter Landcore provides a provincial overview and an analysis of specific geographical areas throughout BC. The analysis makes some conclusions regarding current market trends and provides insightful forecasts.

Overall the message seemed positive. I thought this quote was especially optimistic: “For Q1 2009, property sales indicators confirm the market may be nearing bottom given the clear upswing in residential sales. Lower prices and lower mortgage rates are moving more potential property buyers off the fence and into the market. This sales rebound is forecast to continue into the summer months, as property buyers increasingly recognize that the economic recession is likely in its later stages and property sales have turned the corner and are gaining moderate strength.”

That seems to sum up the question on most buyer and seller’s minds… are we at the bottom yet? I found this report helpful in trying to answer that very difficult question. Click the link to check it out!

https://www.landcor.com/market/reports/Q1_09_Quarterly_Report.pdf

Go Green Design

By borrowing from nature and maximizing science and technology, the Vancouver Convention Centre has assembled plant groups for its living roof. This innovative project brings in a new level of ecology and habitat to the urban landscape, and will fluctuate and change over time.

By connecting the interior design with the spectacular natural landscape of British Columbia, the Vancouver Convention Centre is one of the greenest convention centres in the world. It boasts a living roof, seawater heating and cooling, on-site water treatment, and fish habitat built into the foundation of the West Building. The space has been awarded the GO GREEN certificate from the Building Owners and Managers Association (BOMA) for industry-approved, environmental best practices in building management.

Click here for VIDEO

The Changing Affordability of BC’s Real Estate Market

The landscape of the Real Estate market in BC is changing. As a result of historically low interest rates and declining property values, home ownership is again becoming affordable! BC Real Estate Association head economist, Cameron Muir recently published an article relating to this topic. He argues that “housing is now more affordable than at any time in the last three years”. In Victoria we are seeing single family homes available for less that $350,000. If you have been toying with the idea of buying then this might be perfect opportunity.

To read the entire article click

Affordability Drives Home Sales Higher

VICTORIA - Canada’s Best City (MoneySense)

A channel reported tonight, May 1st, that the Victoria Real Estate market is dramatically picking up. The numbers of sales in April 2009 were practically identical to sales in April 2008! For more details check out the Victoria Real Estate Board’s monthly statistics at VREB.ca . Along with increased sales activity, the most recent article in MoneySense also helps to encourage market activity. Victoria ranked number 1 of 154 Canadian cities in the most recent issue of MoneySense . Now… I know that we Victorians already knew that we were living in the best place in Canada, but it is nice to have a third party echo our sentiments. To view the article visit MoneySense