About: christin

meares

Very Cool urban townhomes in a great downtown location. Walk to everything Victoria has to offer, the best shops restaurants, entertainment and services are all close by. These unique homes have been finished to the highest standards by multi award winning builder Prodigy Developments and are covered by a complete 2-5-10 New Home Warranty. They all feature high end designer finishes by Nygaard Interiors incl. hardwood floors quartz counters, quality fixtures and a top quality stainless aplliance package . Additionally these homes offer grade level private entrances, single car garages and spacious roof-top decks that offer views over the surrounding neighborhood to the Olympic mountains and the sunsets over the Sooke hills to the west.

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hillside

This bright and airy 3 bedroom corner suite is excellent value. On the quiet side of the building with an attractive treed outlook, the unit is bright and very spacious – it’s more than 1000 sq ft. Crown mouldings, newer paint, updated kitchen with new appliances, newer carpet, insuite laundry and storage and separate storage right across the hall! Central location near to Hillside Mall, transportation and schools is perfect for students and seniors. This well-managed building offers a games room, workshop, bike storage – there’s even a rooftop patio and bbq. One small pet is okay too – don’t miss this one!

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front

Wonderful 2 bedroom character home. Located on a quiet street, this family home boasts many updates which include new countertops, windows, foundation, new roof and more! Spacious laundry room. Large kitchen with tons of counter space and a deck off the side to enjoy the fresh air. Own a contemporary, cozy home perfect for a young couple, empter nesters, or anyone who appreciates functionality and style. Lots of extra storage in the large crawl space.

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If you’re shopping for properties in Victoria right now, then you’re right to believe that the inventory is quite limited.  Active listings have actually decreased 30% from last year at this time, translated there isn’t a lot to choose from right now. If your thinking about waiting until the Spring to buy then you are risking the possibility that prices may have risen by that point. The market has just began to exhibit a seller’s market conditions as a result of low inventory and rising prices (BCREA). It has been forecast that home prices will continue to rise in the months to come and should match record highs of last year and then the market is projected to stabilize in 2010. A good document for buyers and sellers to review is the BC Real Estate Association Economic Forecast (http://www.bcrea.bc.ca/economics/HousingForecast.pdf). This document forecasts that the annual prices in Victoria will contract 4% this year and rise 2% in 2010 (to date prices have dropped 5% and so this means that BCREA is projecting a 1% increase in prices in the next few months). Therefore in my opinion, although it is challenging shopping for property right now, it would be a mistake to give up and with for the spring market.

If you have any questions please feel free to contact me on my cell at 250-857-6045.

The number of property sales in the Greater Victoria area slowed during August but sales were again significantly higher than a year ago. Prices, meantime, remained stable with some increase for single family homes. A total of 764 homes and other properties sold in August through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), down from the 933 sales in July but up 48 per cent compared to the 517 sales in August of last year.

Victoria Real Estate Board President, Chris Markham, says it is usual for sales to slow in August, “Many people take holidays in August so it is not surprising to see sales soften somewhat. We are very pleased, however, to note the significant increase in sales last month compared to August of a year ago which gives further evidence
of the strengthening of the market.”

There were 3,509 properties available for sale at the end of August, down 25 per cent from the 4,657 properties available in the same month a year ago. “The decline in the number of properties available for sale will continue to place some upward pressure on prices,” said Markham. Sales so far this year are running over six per cent higher than in the first eight months of last year.

The average price for single family homes sold in Greater Victoria last month was $596,498, up from $565,469 in July. Markham noted that the average price was affected by 17 sales of over $1 million. “These included two sales of over $4 million, one in Saanich East and one in Central Saanich, and these had a significant impact on the overall average price,” he stated. The median price increased $20,000 to $540,000. The six-month average was $569,546. The overall average price for condominiums was $317,312 last month, down from $328,441 in July. The average for the last six months was $307,347. The median price for condominiums in August remained unchanged at $290,000. The average price of all townhomes sold last month was $455,430 up from $443,109 in July. The median price dropped slightly to $419,000. The six month average was $421,565.

MLS® sales last month included 403 single family homes, 218 condominiums, 91 townhomes and 11 manufactured homes.

(courtesy of VREB)

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NOW SOLD

BEST VALUE IN FERNWOOD/OAK BAY BOARDER. Beautiful, bright arts and crafts cottage. Ideally situated on a quiet cul-de-sac, across from a park, and down the street from a community garden. Artistic space with open living and kitchen area, hardwood floors, soaring ceilings, stainless appliances, gas cooktop & lifetime warranty on roof. Master bedroom is fabulous – high ceilings, huge windows overlooking lush back garden. Discover custom millwork throughout the home. Awesome sunroom, 250sqft south-facing deck, vibrant garden, and private gazebo providing the ultimate indoor-outdoor lifestyle… just move in any enjoy! Call Christina Ellis at 250-857-6045  for your private showing.

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 365 Waterfront is located in Victoria’s award-winning Selkirk Waterfront Community and is Concert’s fourth residential development in Victoria. This stunning collection of 84 homes features solid concrete and steel construction in a contemporary, terraced six-storey lowrise condominium. Suites will range from one-bedroom and den to two-bedroom and den and rooftop terrace penthouses, all taking advantage of waterfront views and the inner harbour urban seaside setting.

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gorge-1

 

This West facing, updated unit, enjoys a water view and sunsets and it is situated in a well established complex on the Gorge waterway and close to a wide range of essential services. Recent upgrades include paint, laminate flooring, appliances, master bathroom, lino, and more. With a good floor plan, a wood burning fireplace for those cozy evenings at home and a west facing sun deck this unit is a must to view and quick possession is possible so call now.

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emerson-1

This charming character home is located on quiet tree lined cul-de-sac. Recent upgrades include new windows, roof, gas furnace & appliances. Lower level has private entrance, 1 bedroom, 4 pc bath, living area and wet bar. Enjoy the private south facing yard with large deck. Beautiful easy care garden features mature apple & peach trees. Short walk to Jubillee Hospital, minutes to downtown, Oak Bay Village, UVic & Willows beach.

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Stroll to the wonderful Oak Bay village, Windsor Park, Marina and scenic waterfront walks along beautiful Beach Drive. Corner SW facing suite featuring an impressive 1291 sq. ft. and a huge 750+sq.ft. patio surrounded by mature flowering shrubs. Unique grand expansive formal living and dining areas, feature fireplace, windows galore, kitchen eating area, in suite laundry, underground secure parking. This is a fantastic opportunity to move to a very special steel and concrete building in one of the most vibrant places in Victoria. All measurements approx. Please verify if important. Meas. by True Measures. Light fixture in kitchen eating area does not stay.

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