Victoria, BC home maintenance and value are closely linked. In a market where buyers expect well-kept homes, ongoing upkeep is not just about comfort. It plays a direct role in protecting resale value and long-term equity. From James Bay character homes to newer properties in Langford, maintenance signals how a home has been cared for over time. Buyers and appraisers notice. What Counts as Home Maintenance Home maintenance includes routine tasks and planned repairs that prevent deterioration. This covers roof upkeep, plumbing and electrical updates, HVAC servicing, exterior paint, and drainage management. When maintenance is deferred, small issues often turn into expensive problems. This can reduce appraised value and limit buyer interest, especially in competitive Victoria neighbourhoods. How Maintenance Supports Long-Term Value Well-maintained homes tend to sell faster and closer to asking price. They also appraise more consistently. Key value drivers include: Curb appeal Clean exteriors, tidy landscaping, and fresh paint improve first impressions. In Victoria, a neglected exterior often raises concerns about moisture or structural issues. Prevention of major repairs Fixing minor problems early helps avoid larger failures. This matters in Victoria’s wet climate, where roof leaks, poor drainage, and moisture intrusion are common red flags. Energy efficiency Updated windows, insulation, and electrical systems appeal to buyers and reduce operating costs. Energy-efficient homes also align with current buyer expectations in BC. Structural condition Roofing, foundations, and plumbing directly affect value. Older homes in Victoria require consistent attention to avoid depreciation tied to outdated systems. Victoria BC home maintenance and value trends show that condition often matters more than cosmetic upgrades alone. Victoria-Specific Maintenance Considerations Coastal exposure increases wear from moisture and salt air. Annual maintenance budgets often fall around 1 percent of building value, not including land. In established areas like Oak Bay and Fairfield, buyers expect turnkey condition. Deferred maintenance can reduce buyer confidence and negotiation strength. Over-improving can also backfire. Upgrades should match neighbourhood expectations and buyer demand. Practical Maintenance Tips for Homeowners Create an annual maintenance checklist focused on roofs, drainage, and ventilation  Prioritize kitchens, bathrooms, and exterior condition  Budget 1 to 2 percent of home value annually for upkeep  Schedule professional inspections, especially for older homes  Keep records of repairs and upgrades for resale and appraisals  For sellers, documented maintenance supports pricing. For buyers, well-maintained homes reduce future costs. Bottom Line Victoria BC home maintenance and value go hand in hand. Proactive upkeep protects equity, supports resale pricing, and reduces surprises. In a stable but selective market, condition remains one of the strongest drivers of long-term home value. This content is for educational purposes only. Always consult local professionals and municipal guidelines for property-specific advice.   Matt C., 5-Star Review, via Google “I would highly recommend not only the Faber group however specifically Scott. He treated us with the utmost respect and looked out for our best interests. Our selling and buying process were seemless with little stress due to Scott handling everything behind the scenes. Furthermore not only did Scott show us exactly what we were looking for he knew what location would best suit our lives.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”  

When you’re evaluating where to buy in the Greater Victoria, Saanich, or Westshore markets, understanding municipal property tax differences is an often-overlooked but highly relevant financial factor. Two homes with identical assessed values can lead to noticeably different tax bills year-to-year depending on the municipality — so knowing how rates stack up can influence both your upfront cost estimates and your long-term ownership costs. How Property Taxes Work in BC In British Columbia, municipal property taxes are calculated by multiplying the assessed value of your home by the municipal tax rate (mill rate). The assessment comes from BC Assessment and reflects market value as of July 1 prior to the tax year. Your total tax bill isn’t just the municipal share — it also includes levies collected for: Provincial school tax Capital Regional District (CRD) services Hospital district Transit Other local bodies Municipal budget decisions — such as infrastructure spending or service levels — directly influence the mill rate required to generate revenue. If assessments rise faster than the municipal budget, mill rates can stay stable or even decrease; if budgets grow faster than total assessed value, mill rates must increase. A municipality’s tax strategy often reflects local priorities and spending choices. Greater Victoria Municipal Property Tax Rates: A Snapshot Not all municipalities in Greater Victoria tax at the same rate. Based on available comparative data: Tax Rate Rankings (2022–2024 era) Lower tax rate municipalities: North Saanich generally sits near the lower end of regional property tax rates. View Royal often has lower mill rates compared with urban centres. Mid-range: Colwood and Langford in the Westshore tend to have moderate local municipal tax rates, but totals depend on other levies and assessment levels. Higher tax rate municipalities: Victoria and Central Saanich have among the higher municipal property tax rates within the region. Saanich typically shows a comparatively high effective tax burden. Differences matter: in a sample compiled by a brokerage, a $1 million home in Victoria would yield roughly $174 more in taxes than the same value home in Saanich, and a home in Colwood would pay about $645 more than in View Royal — purely based on rate spreads. (Note: precise current rates change annually with budgets and assessments. Always check municipal tax rate bylaws or use online tax calculators for exact figures for a given year.) Recent Trends: Rate Increases & Budget Pressures Municipalities across Greater Victoria have grappled with tax increases over recent years, driven by rising costs for core services, infrastructure renewals, and public safety: Saanich approved property tax increases near 8% in 2025, adding hundreds of dollars to the average homeowner bill. Langford has proposed significant tax hikes in multi-year financial plans to support rapid growth and expanding service demand. Regional increases by the Capital Regional District (CRD) also factor into total bills, with projected increases varying across municipalities depending on the services used (e.g., 4.1% for Victoria vs 7.7% for Langford for CRD requisitions in 2025). These upward pressures mean that even if a municipality historically had a lower tax rate, the year-to-year changes can shift relative burden across communities. Why These Differences Matter for Buyers 1. Annual Carrying Cost If you’re budgeting for homeownership, property taxes are a predictable recurring cost tied directly to your assessment and municipal priorities. A difference of a few hundred to a few thousand dollars annually can impact: Mortgage affordability Monthly cash flow Long-term cost projections for investment or retirement planning 2. Comparing Similar Homes Across Municipalities Two homes with equal market value — one in Saanich and one in Langford or Colwood — could result in: Different quarterly tax bills Different services received for that tax dollar (e.g., recreation, policing, parks) This can be a tiebreaker for buyers evaluating multiple locations in the region. 3. Growth and Future Tax Outlook Municipalities at different stages of development (e.g., fast-growing Langford vs more established Saanich or Victoria) may adopt differing strategies on whether to keep taxes low for growth incentives or invest in services and infrastructure. Howard P., 5-Star Review, via Google “Cal and Scott Faber are authentic and trustworthy and give it to you straight up. They take the time and the attention to learn about your needs and then find the home that fits them. Our experience with Cal and Scott Faber was exceptional. They didn't just provide great service, they demonstrated a genuine concern for our best interests, making us feel truly valued. They will do their best to find the home that fits your lifestyle and needs. I heartily recommend Cal and Scott.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Victoria rental market vacancy rates are trending higher across several submarkets. While still low by national standards, this shift is beginning to influence rents, investor behaviour, and even resale activity in Victoria, Sidney, and the Westshore. Why Vacancy Rates Are Rising New rental supply, slower population inflows, and affordability pressures are easing demand. Purpose-built rentals, secondary suites, and condos returning to the long-term market have all contributed to increased choice for tenants. Victoria: More Balance, Less Urgency In core Victoria, rising vacancy rates are reducing upward pressure on rents. Landlords are offering incentives more often, and tenants have slightly more negotiating room. For investors, cash flow margins are tightening, which may cool demand for entry-level rental condos. Sidney: Stability With Mild Softening Sidney’s rental market remains relatively stable, supported by downsizers and long-term tenants. However, increased availability means units are taking longer to lease. This may encourage some small investors to reassess holding costs versus resale value. Westshore: Supply Is Catching Up Langford and Colwood are seeing the most noticeable shift. New construction and purpose-built rentals have pushed vacancy rates higher than recent years. As rents stabilize, some investors may pivot away from short-term appreciation strategies toward longer-term holds. Ripple Effects on Home Sales As rental returns soften, fewer investors may compete with end-user buyers. This can reduce pressure on condo prices and entry-level homes. In some cases, rental properties may return to the resale market, increasing inventory modestly. How Investors Are Adapting Investors in 2026 are prioritizing strong locations, flexible layouts, and long-term tenant appeal. Secondary suites and adaptable properties remain attractive, but expectations are shifting from rapid gains to steady, sustainable returns. Final Thoughts Victoria rental market vacancy rates 2026 signal a more balanced rental landscape. While not a downturn, rising vacancies are reshaping investor strategies and easing some pressure on home prices across Victoria, Sidney, and the Westshore.   Marc G., 5-Star Review, via Google “Scott is focused on providing his clients with a long-term positive experience, and he truly acts as a trusted advisor throughout the process. It's important to have someone you can trust for this kind of investment, and Scott has certainly earned my trust. For me, it's important that a realtor fits my values, is always responsive, professional, and goes above and beyond to ensure all my needs are met. I highly recommend Scott and Faber Real Estate for all your real estate needs.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

If you are considering Gordon Head real estate, this neighbourhood guide will help you evaluate whether it fits your goals. Located in Victoria, Gordon Head offers strong appeal for families and steady fundamentals for investors. With excellent schools, proximity to the university, and access to beaches and parks, Gordon Head real estate continues to attract long-term demand. Where Is Gordon Head? Gordon Head sits northeast of downtown Victoria, bordered by oceanfront parks and established residential streets. It is minutes from University of Victoria, which significantly shapes the local housing market. The neighbourhood features primarily detached homes, along with townhomes and secondary suites. Many properties sit on larger lots, and some offer ocean views. Why Families Choose Gordon Head Gordon Head has long been a top choice for families. Here is why: 1. Strong Schools The area includes well-regarded public schools such as: Gordon Head Middle School Lambrick Park Secondary School Access to quality education remains a key driver of Gordon Head real estate demand. 2. Parks and Outdoor Access Families benefit from nearby green space and waterfront access, including: Mount Douglas Park Cadboro-Gyro Park These amenities support an active lifestyle and add long-term value to properties in the area. 3. Safe, Established Streets Gordon Head is primarily residential, with quiet roads and mature landscaping. Many homes were built between the 1960s and 1990s, offering functional layouts and renovation potential. Why Investors Target Gordon Head From an investment standpoint, Gordon Head real estate offers several advantages. 1. University-Driven Rental Demand Proximity to the University of Victoria creates consistent demand for rental housing. Investors often purchase homes with suites or convert existing space to maximize rental income. 2. Stable Property Values Gordon Head has historically demonstrated resilient pricing compared to more volatile condo-heavy areas. Detached homes on larger lots tend to hold value well during market shifts. 3. Redevelopment and Upside Potential As housing demand increases across Greater Victoria, larger lots in established neighbourhoods become more attractive. Buyers seeking long-term appreciation often prioritize areas like Gordon Head for this reason. Housing Types and Price Considerations Most of the housing stock consists of: Detached single-family homes Homes with secondary suites Townhouses near main corridors Entry price points are typically higher than condo-focused neighbourhoods, but rental potential and lot value often justify the investment. For families, this means space and long-term stability. For investors, it means diversified income opportunities. Is Gordon Head Right for You? If you are seeking strong schools, outdoor amenities, and long-term property stability, Gordon Head real estate deserves serious consideration. Families benefit from community infrastructure, while investors gain access to reliable rental demand tied to the university. If you would like to explore current Gordon Head real estate opportunities or discuss whether this neighbourhood aligns with your goals, reach out to start the conversation. Michael F., 5-Star Review, via Google “We recently had the pleasure of working with Cal and Scott Faber, a remarkable father-son real estate team, to sell our premium family home and purchase a smaller, downsized property in an awesome neighbourhood. Their experience and guidance were invaluable in both pricing and strategizing the timing of our sale. The professionalism of their photography and marketing video team was unparalleled, making us feel like celebrities on an episode of MTV Cribs, they showcased our home in the best possible light at different times of the day. This attention to detail truly highlighted the features we loved about our home and revealed the value to our buyers..” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Winter in Greater Victoria brings shorter days, cooler temperatures, and higher energy usage. Homeowners can improve comfort, reduce energy bills, and even increase property value by investing in energy efficiency upgrades. Buyers are increasingly looking for homes that are not only stylish but also cost-effective to run and environmentally responsible. Upgrade Insulation and Weatherproofing Adding insulation to attics, walls, and crawl spaces helps maintain indoor warmth during winter. Sealing drafts around doors, windows, and vents can prevent heat loss, reduce energy bills, and improve indoor comfort. Homes with well-maintained insulation are more attractive to buyers who value efficiency. Replace Windows and Doors Energy-efficient windows and doors prevent heat loss and reduce condensation. Upgrading to double or triple-glazed windows can significantly improve comfort and decrease heating costs, which adds perceived and actual value to your home. Modern Heating Systems High-efficiency furnaces, boilers, or heat pumps are strong selling points in winter. Modern systems not only provide consistent warmth but also use less energy, which appeals to cost-conscious buyers. Regular maintenance of existing systems also boosts efficiency and ensures reliable operation. Smart Home and Thermostat Upgrades Smart thermostats allow homeowners to control heating remotely and schedule energy use efficiently. Buyers increasingly value these upgrades for convenience and savings. Pairing smart thermostats with zoned heating systems can further enhance comfort and efficiency. Water Heating Efficiency Tankless or high-efficiency water heaters save energy and space. Insulating older water heaters and pipes can also reduce heat loss, making the home more efficient and lowering utility costs. Solar Panels and Renewable Options Although less common in Greater Victoria homes, solar panels or solar water heating systems can attract buyers interested in sustainability. Even partial solar adoption can boost market appeal and long-term savings. Lighting and Appliances Upgrading to LED lighting and energy-efficient appliances reduces electricity usage and improves your home’s eco-friendly credentials. Buyers are often willing to pay a premium for homes with modern, efficient appliances. The Value Proposition Energy-efficient upgrades not only make winter living more comfortable but also increase resale value. Homes that are cost-effective, environmentally responsible, and easy to maintain appeal to a broader range of buyers, making them stand out in Greater Victoria’s competitive market. Professional Help If you’re considering upgrades but aren’t sure where to start, reaching out to trusted local professionals can make a big difference. Energy auditors, HVAC specialists, and certified contractors can assess your home and recommend cost-effective improvements that add the most value. Please reach out to us if you need any referrals.   Michael F., 5-Star Review, via Google “Cal and Scott exceeded our expectations in every way. They were always available to answer our questions and address any concerns immediately, providing exceptional support throughout the entire process. Their dedication and expertise made the selling and buying experience seamless and stress-free. ” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

The BC luxury real estate market 2026 is showing resilience, even as broader economic conditions continue to adjust. In Vancouver, premium properties are not immune to change, but they often behave differently than entry-level homes. Why Luxury Homes React Differently High-end buyers tend to rely less on financing and more on long-term asset strategies. As a result, luxury segments usually see fewer forced sales. Instead, activity slows through longer listing times and more selective buyers, not sharp price drops. Vancouver’s Premium Neighbourhoods Hold Value Established luxury areas continue to attract demand due to limited supply, strong international interest, and lifestyle appeal. Waterfront homes, architect-designed properties, and homes in legacy neighbourhoods remain especially sought after, even during market transitions. Pricing Adjustments, Not Pullbacks In 2026, sellers in the luxury space are pricing more strategically. Overpricing is corrected faster, while well-positioned homes still command attention. Buyers expect quality, privacy, and turnkey condition, which places pressure on sellers to prepare homes carefully. What This Means for Buyers and Sellers For buyers, economic shifts can create opportunities through improved selection and negotiation room. For sellers, success depends on accurate pricing, presentation, and patience. Timing matters, but preparation matters more. Bottom Line The BC luxury real estate market 2026 remains stable rather than speculative. While activity may feel quieter, Vancouver’s high-end homes continue to act as long-term value assets during periods of economic transition.   Nilo M., 5-Star Review, via Google “This group has a high level of commitment to help and to put their client’s need ahead of their personal gain. They deal and engage with integrity and wisdom on how it will work for both the seller and the clients. I experienced it first hand in this crazy and difficult season. We just bought a home at Glanford area, and they are always there for us, every step of the way. They are real and can be trusted.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Many buyers choose to live in Greater Victoria communities because of the region’s year-round access to nature, trails, beaches, and parks. Buyers who prioritize active living often focus their home search on neighbourhoods that provide immediate access to hiking, biking, waterfront activities, and green space. Several communities stand out for offering exceptional outdoor lifestyles alongside strong real estate appeal. Langford – Trail Networks and Lakeside Living Langford continues to attract buyers who want convenient access to hiking trails, lakes, and recreation facilities. The area offers quick connections to Mount Finlayson, Goldstream Provincial Park, and numerous biking routes throughout the Westshore. Popular neighbourhoods such as Westhills and Bear Mountain appeal to buyers who value outdoor recreation. Westhills offers walkable community planning with access to parks and lakes, while Bear Mountain provides golf, trail systems, and resort-style amenities. These features make Langford one of the most popular Greater Victoria outdoor recreation communities for families and active professionals. Sooke – Oceanfront and Rugged Nature Access Sooke attracts buyers looking for direct access to Vancouver Island’s rugged coastline and wilderness. Residents enjoy kayaking, fishing, hiking, and beach exploration, with popular destinations like East Sooke Regional Park and the Sooke Potholes nearby. Sooke appeals to buyers seeking a quieter lifestyle surrounded by nature. Detached homes and waterfront properties remain common, which attracts outdoor enthusiasts who prioritise space and natural surroundings. Sidney – Walkable Waterfront Recreation Sidney offers a unique balance of seaside living and walkable convenience. Residents enjoy waterfront trails, cycling routes, marinas, and easy beach access throughout the community. The town attracts downsizers, retirees, and buyers seeking a slower pace of life while maintaining strong outdoor recreation opportunities. Sidney’s flat terrain and compact layout make it especially appealing to residents who enjoy walking and cycling daily. Saanich – Diverse Parks and Regional Trail Access Saanich provides some of the most diverse outdoor recreation opportunities in the region. Residents benefit from quick access to Mount Douglas Park, Elk and Beaver Lake Regional Park, and extensive cycling routes. Neighbourhoods in Saanich often appeal to buyers who want suburban living with immediate access to green space. The variety of housing styles also attracts a wide range of buyers, from young families to long-term homeowners. Oak Bay – Coastal Recreation and Scenic Shorelines Oak Bay is known for its coastal walking paths, waterfront parks, and ocean recreation. Residents enjoy kayaking, paddleboarding, and scenic shoreline trails, including popular destinations like Willows Beach and the Oak Bay Marina area. Oak Bay attracts buyers looking for established neighbourhood charm combined with premium access to waterfront outdoor activities. The area often appeals to buyers prioritizing long-term property value and lifestyle quality. Choosing the Right Outdoor-Focused Community Buyers comparing Greater Victoria outdoor recreation communities should consider daily lifestyle priorities, commute needs, and housing preferences. Some areas offer rugged wilderness access, while others focus on waterfront living or family-friendly trail systems. Communities such as Langford and Sooke often appeal to buyers seeking hiking and adventure-focused recreation. Sidney and Oak Bay typically attract buyers prioritizing ocean access and walkable outdoor activities. Saanich offers a balanced option with diverse park systems and suburban convenience. Outdoor Lifestyle and Long-Term Real Estate Appeal Access to recreation continues to influence buyer demand across Greater Victoria. Communities with strong outdoor amenities often maintain steady resale value because lifestyle-driven buyers remain highly active in the market. While past performance does not guarantee future results, outdoor-focused neighbourhoods consistently attract long-term interest. If you are exploring Greater Victoria outdoor recreation communities, contact our team to discuss neighbourhood options and find a home that matches your lifestyle goals. Marieke J., 5-Star Review, via Google “We had a fantastic experience with Cal and Scott. From the first meeting via Zoom until the moment we received the keys to our new home. They are very kind and warm people, and made us feel at home and welcome right away. Scott is very knowledgeable, easy to work with, professional, honest and quick to respond to questions. We felt in good hands and comfortable having him at our side in our buying process. When looking for a great realtor in the Victoria area, I would highly recommend Cal and Scott from Faber Real Estate Group..” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

Understanding how inventory levels affect your buying power is essential when purchasing a home in Greater Victoria. Inventory refers to the number of properties available for sale at any given time. When inventory shifts, buyer leverage, pricing trends, and competition levels often shift with it. Learning how these market changes influence negotiating strength helps buyers make more strategic decisions. What Inventory Levels Mean in Real Estate Inventory levels measure supply relative to buyer demand. When listings increase, buyers typically gain more choice and flexibility. When listings decrease, competition often rises and sellers gain more control. Recognizing how inventory levels affect your buying power allows buyers to time their purchase and adjust expectations accordingly. Higher Inventory Usually Strengthens Buyer Leverage When inventory rises, buyers often benefit from increased negotiating power. More available listings reduce urgency and allow buyers to compare homes carefully. Sellers may become more open to price adjustments, condition negotiations, or flexible closing dates. Higher inventory can also reduce the likelihood of multiple offer situations, helping buyers maintain stronger financial and emotional control. Lower Inventory Often Creates Competitive Pressure Limited inventory typically leads to higher competition. Buyers may face multiple offer scenarios, faster decision timelines, and fewer negotiation opportunities. In tighter markets, well priced homes often attract strong interest quickly. Buyers may need to act decisively and ensure financing, inspections, and deposit readiness to remain competitive. Balanced Markets Provide Strategic Opportunities Greater Victoria occasionally experiences balanced market conditions where supply and demand remain relatively aligned. In these environments, buyers benefit from stable pricing and reasonable selection while sellers still attract qualified interest. Balanced markets often allow buyers to perform due diligence without rushing while maintaining confidence in long term value stability. Inventory Impacts Pricing Trends Inventory levels influence pricing behaviour over time. Rising supply can slow price growth and create more stable values. Declining supply can increase upward price pressure as buyers compete for limited options. While price movement depends on multiple economic factors, inventory remains one of the most direct indicators of market momentum. Property Type Inventory Matters Too Inventory changes do not affect every property segment equally. Condominiums, townhomes, and single family homes often experience different supply cycles. For example, higher condo inventory may create entry level opportunities, while limited single family supply can maintain strong demand for detached homes. Buyers who remain flexible across property types often improve their overall purchasing options. Seasonal Inventory Patterns Influence Timing Real estate inventory often increases during spring and early summer when more sellers list their homes. Winter months typically show lower supply and reduced activity. Buyers who understand seasonal patterns can prepare financing and search criteria ahead of peak listing periods to gain an advantage when new inventory enters the market. Financing and Confidence Move With Inventory Higher inventory can improve buyer confidence by reducing pressure to waive conditions or stretch budgets. Buyers often feel more comfortable negotiating when they know alternative options exist. Lower inventory can create urgency, which sometimes leads buyers to make faster or more aggressive purchasing decisions. Making Smart Decisions in Changing Markets Monitoring inventory trends helps buyers align strategy with current market conditions. Working with local real estate professionals provides insight into micro market supply levels, neighbourhood specific trends, and property type availability. While past performance does not dictate future results, understanding supply patterns helps buyers navigate market changes with greater clarity. If you are considering purchasing a home in Greater Victoria, contact our team to review current inventory trends and develop a strategy tailored to your home search goals.   Andy M., 5-Star Review, via Google “Thank you so much to Faber group for their amazing customer service. Cal and Scott were there for us every step of the way and we couldn’t be more pleased with our sale and purchase.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

When buyers compare Westhills vs Bear Mountain, they often focus on lifestyle, home styles, and long-term value. Both rank among Langford’s most desirable neighbourhoods, yet each attracts different buyer profiles. Understanding these differences helps buyers narrow their search and choose a community that aligns with their goals. Master-Planned Living in Westhills Westhills is a modern, master-planned community built around family living and convenience. The neighbourhood features newer construction, walkable streets, and strong community infrastructure. Buyers are often drawn to Westhills for its balance of affordability, functionality, and accessibility to amenities. Many homes include: Contemporary layouts Energy-efficient building standards Flexible living spaces Secondary suites in select properties Westhills continues to expand, providing buyers with newer housing inventory compared to many established neighbourhoods. Resort-Style Living at Bear Mountain Bear Mountain offers a luxury-focused lifestyle centred on recreation, privacy, and scenic surroundings. Situated on elevated terrain, the community is known for its strong connection to outdoor living and resort-style amenities. Homes in Bear Mountain range from upscale townhomes to custom estates. Many properties feature panoramic mountain, valley, or ocean views. The neighbourhood often appeals to professionals, retirees, and buyers seeking a quieter residential setting with exceptional recreational access. Housing Styles and Price Differences Westhills generally provides more entry-level and mid-range pricing within Langford’s newer housing inventory. Buyers typically find: Detached homes Townhomes Duplex-style properties These housing options often suit growing families and first-time buyers seeking modern construction. Bear Mountain usually commands higher price points due to premium lot locations, luxury finishes, and elevated views. Custom homes and exclusive properties create a higher-end market segment that appeals to buyers prioritising prestige and unique architectural design. Amenities and Community Infrastructure Westhills focuses on everyday convenience and family-oriented living. Residents benefit from close access to: Schools Parks and playgrounds Recreation facilities Shopping and community programming Walking trails and sports fields Bear Mountain emphasises wellness and lifestyle experiences. Community amenities include: Championship golf courses Fitness and wellness facilities Spa services Extensive hiking and trail networks While both areas provide access to shopping and schools, Bear Mountain places greater emphasis on leisure and recreation. Commute and Accessibility Both neighbourhoods provide convenient access to major Westshore routes and commercial centres. Westhills sits closer to central Langford amenities, which can help shorten daily commutes for shopping, schools, and services. Bear Mountain typically requires slightly longer travel times due to its elevated location. However, many residents consider this a worthwhile trade-off for added privacy and scenic surroundings. Investment and Long-Term Appeal in Greater Victoria Both communities maintain strong buyer demand but appeal to different investment strategies. Westhills often attracts buyers seeking long-term family housing with consistent resale appeal and rental potential. Continued development may support future neighbourhood growth. Bear Mountain tends to attract lifestyle buyers and luxury investors. Premium views, recreational amenities, and distinctive property features help maintain long-term desirability within Greater Victoria’s high-end housing market. Choosing Between Lifestyle Priorities Buyers comparing Westhills and Bear Mountain should evaluate: Daily lifestyle needs Budget considerations Long-term real estate goals Westhills suits buyers seeking community planning, convenience, and modern housing options. Bear Mountain appeals to buyers prioritising recreation, privacy, and luxury surroundings. Finding the Right Fit in Langford Langford continues to grow as one of Greater Victoria’s fastest expanding municipalities, offering housing opportunities across multiple price points. While past performance does not guarantee future results, both Westhills and Bear Mountain continue to show strong community appeal and buyer demand. If you are considering buying or selling in Langford, contact our team to compare neighbourhood options and develop a strategy tailored to your home search. Kushant J.., 5-Star Review, via Google “I have dealt with many real estate agents in the past years but Scott really stood out to me. He pays attention to your personal requirements, is a fountain of knowledge, and overall just an amazing person to communicate with. We have young children and Scott knows exactly how to work with us when it comes to open houses and viewings (very difficult with young children). I will be working with Scott for all of my future real estate needs!” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”

In late 2025, the Victoria condo market showed a significant divergence between condominium activity and other housing segments. Sales of condos in the Victoria Real Estate Board region were down 21.5 per cent year-over-year in December 2025, while single family home sales dipped just 2.6 per cent and overall market sales remained relatively stable. For buyers unsure whether to enter the market, understanding the forces behind this lag and what it signals for 2026 can help shape smart decisions. A Noticeable Slowdown in Condo Transactions December 2025 data showed only 106 condominiums sold, against a backdrop of broader market stability. This contrasts sharply with earlier segments of the market and highlights a notable trend: condos slowed more meaningfully than detached homes as year-end activity tapered. Part of this pattern reflects typical seasonal slowdown, as buyers often delay decisions during winter holidays. However, the depth of the condo decline — over 20 percent year-over-year — suggests other dynamics at play. Why Condos Lagged More Than Detached Homes A few factors contributed to the relative weakness in the condo segment: Increased Inventory and Buyer Choice Inventory levels in late 2025 were healthier than in previous tight-market years, with active listings up notably year-over-year. More choice gives buyers time to compare options and reduces urgency, particularly in slower market segments like condos. Buyer Preferences Shift Many buyers prioritize space, outdoor access, and layout features that are often easier to find in townhomes and detached homes. This preference can dampen condo demand when interest rates and financing costs remain higher than in prior low-rate periods. Lifestyle and Hybrid Work Patterns Remote and hybrid work has kept interest strong for larger homes, which can reduce pressure on small urban condos as primary residences. Instead, condos may appeal more to downsizers, investors, or niche buyers, moderating sales volume. Prices Flat But Not Falling Despite slower activity, condo prices in the Victoria Core were largely stable in late 2025. The MLS® Home Price Index showed benchmark condo values slightly higher year-over-year — approximately $549,900 in December 2025 compared with $546,100 in December 2024 — but effectively flat month-to-month. Flat values in the face of lower sales can be a positive sign: it indicates underlying demand remains, even if buyers are taking more time to transact. Prices holding steady — rather than declining sharply — suggests a balanced market rather than a distressed segment. What This Means for 2026 Buyers For buyers considering condos in 2026, the late 2025 patterns point to opportunity and patience: Opportunity in Negotiation Slower sales often translate into less competition and more room for negotiation. Well-priced condos in desirable buildings or locations may attract strong interest, but buyers are not facing multiple offers at peak premiums. Balanced Market Dynamics With prices relatively stable and inventory higher than in recent tight markets, buyers can take time for thorough due diligence without rushing. This is a marked contrast to earlier periods of extreme competition. Segment-Specific Strategy Matters Not all condos are the same: walkable urban core units with strong rental appeal or features that meet modern lifestyle preferences (like flexible workspaces) remain attractive. Buyers looking for lifestyle value — not just entry-level ownership — may find compelling options without paying a steep premium. Timing and Seasonal Trends Entrants in early 2026 can benefit from usually quieter winter and early spring activity before peak buying season arrives. Education, financial readiness, and clear criteria will position buyers to act when good value appears. Final Thoughts The 21.5 per cent year-over-year drop in condo sales late in 2025 reflects a mix of seasonal patterns, broader buyer preferences, and improved inventory levels. Meanwhile, flat condo values suggest that underlying demand has not evaporated — it’s just evolving. For 2026 buyers, this environment offers more choice, time to negotiate, and opportunities to find good value in the condo segment, especially for those prioritising urban lifestyle, rental potential, or long-term ownership goals. If you’re considering a condo purchase in Victoria this year, contact our team to review current options and develop a strategy tailored to today’s market realities.   Andy M., 5-Star Review, via Google “Thank you so much to Faber group for their amazing customer service. Cal and Scott were there for us every step of the way and we couldn’t be more pleased with our sale and purchase.” Faber Real Estate Group Royal LePage Coast Capital Realty 📞 250-244-3430 📧[email protected] ℹ️ Scott Faber Personal Real Estate Corporation ℹ️ Cal Faber Personal Real Estate Corporation Vanessa Wood, Zachary Parsons, and Sophie Taylor “Building Lasting Relationships, One Home at a Time.”