Buyer Resorces

For many buyers entering the market in 2026, the first-time buyer West Shore market continues to stand out. Langford and Colwood offer more attainable price points than many core Victoria neighbourhoods, while still providing strong amenities, transit access, and long-term growth potential. These communities attract first-time buyers who want value without sacrificing lifestyle or resale prospects. Langford: Entry-Level Options With Urban Convenience Langford remains one of the most accessible markets for first-time buyers on the South Island. What buyers can expect: Condominiums and newer townhomes often priced below comparable properties in Victoria proper Walkable pockets near Westshore Town Centre, Belmont Market, and major employers Consistent new construction, which helps maintain supply and choice For a first-time buyer West Shore strategy, Langford offers flexibility. Buyers can often choose between established resale condos or newer builds with modern layouts and warranties. Colwood: Stability, Community, and Long-Term Value Colwood tends to appeal to buyers who prioritize neighbourhood feel and long-term ownership. Key advantages include: Townhomes and older single-family homes that remain more attainable than core Victoria Proximity to schools, parks, and the Esquimalt Lagoon Slower turnover, which supports stable values over time While inventory can be tighter than Langford, Colwood rewards patience, especially for buyers seeking more space at an entry-level price point. Typical Affordable Entry Points in 2026 While market conditions continue to shift, first-time buyers in the West Shore commonly focus on: One- and two-bedroom condos Stacked or traditional townhomes Older single-family homes requiring cosmetic updates Understanding strata fees, future maintenance costs, and neighbourhood development plans is essential when evaluating affordability. Key Tips for First-Time Buyers Get pre-approved early to move quickly when the right property appears Compare total monthly costs, not just purchase price Consider resale potential alongside affordability A thoughtful approach helps first-time buyers balance short-term budget comfort with long-term equity growth. Final Thoughts For buyers entering the market in 2026, the first-time buyer West Shore opportunity remains strong. Langford offers choice and convenience, while Colwood provides community and stability. With the right guidance and preparation, both areas can serve as smart entry points into Greater Victoria real estate. Lauren A., 5-Star Review, via Google "Excellent and professional real estate service!I referred Scott Faber to my father to sell his house. The process went smoothly, and sold in a very short time frame - OVER the asking price! Highly recommend!" 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 Victoria's balanced 2026 real estate market, secondary suites offer a smart way to increase property value and attract buyers. These self-contained units provide steady rental income and extra appeal during steady times. Victoria's Housing Market Today The Victoria Real Estate Board reports that 2025 ended with stable sales and pricing. Single-family home values softened slightly in the core while the Westshore saw modest gains. Condo values stayed flat. Higher inventory in 2026 gives buyers more choice and keeps the market balanced with cautious optimism. Strong Rental Income Potential Rental demand remains solid for secondary suites in Victoria for 2026. Greater Victoria's vacancy rate reached 3.3% by late 2025 - the highest in over 25 years - yet demand continues from students, young professionals, and others. One-bedroom secondary suites typically rent for $1,500-$2,000 per month. Two-bedroom suites often reach $2,000-$2,500. This income helps cover mortgage payments, taxes, or utilities and makes ownership more affordable. Added Buyer Appeal Properties with legal secondary suites attract more interest. Buyers value them as: Mortgage helpers that ease financing Flexible space for multi-generational living or home offices Future rental or short-term rental options These features help homes sell faster and often at higher prices, especially when inventory rises. Provincial Support and Regulations British Columbia continues to encourage gentle density. Secondary suites remain allowed province-wide in single-family zones. Local governments must update bylaws by June 30, 2026 under recent legislation. Always verify that any suite meets city rules for size, separate entrance, egress, and parking. Final Thoughts In balanced market conditions, secondary suites deliver reliable income and long-term value. They stand out as a top feature for homeowners, buyers, and investors. If you are searching in Victoria feel free to reach out to our team for the latest listings and guidance. Secondary suites remain one of the strongest choices for smarter homeownership in 2026.   Brandon S., 5-Star Review, via Google “My wife and I sold our condo in View Royal and bought a place in Esquimalt with the help of The Faber Group. Scott helped us to find and buy the perfect home for our growing family in a very competitive market. He got to know our wants and needs and worked within our schedule with a small baby. Once we found the perfect place Scott helped us to get it for under the asking price and sold our condo in one day on the market with multiple offers over asking! We are so grateful that Scott helped us through this process, answering our many questions and alleviating our concerns. Thank you for helping us sell our first home and buy a beautiful house for our family.” 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.”

Housing demand around the University of Victoria continues to grow, and new projects are reshaping how students, renters, and homeowners live near campus. Several existing and planned developments near UVic aim to increase housing supply, improve walkability, and support long-term community growth. On-Campus Housing Expansion at UVic UVic has prioritized adding more on-campus housing to address student demand. Recent residence projects have focused on higher-density buildings with modern amenities and strong sustainability standards. These residences help reduce pressure on nearby rental markets by keeping more students on campus. Looking ahead, UVic has announced plans for an additional large-scale student housing project that will add hundreds of new beds for upper-year and graduate students. This future development near UVic is designed to maximize land use while supporting transit access and campus services. University District and Long-Term Planning UVic is also planning a broader mixed-use area known as the University District. This long-term vision includes housing, commercial space, and community amenities on university-owned land near Gordon Head Road. While still in planning stages, this project signals a shift toward a more integrated campus-adjacent neighbourhood. Once complete, the University District could play a major role in expanding housing options near UVic while supporting local businesses and services. Off-Campus Developments Near UVic Several nearby developments are already changing the surrounding neighbourhoods: New rental and condo projects along Shelbourne Street and McKenzie Avenue are increasing density near key transit routes. Purpose-built rental buildings near UVic are providing alternatives to older secondary suites and student rentals. Affordable housing projects led by non-profit and public housing providers are helping diversify the local housing mix. These developments near UVic appeal not only to students but also to professionals, downsizers, and investors seeking proximity to the university and amenities. What This Means for Buyers and Renters As developments near UVic continue, buyers and renters can expect more housing choice over time. Condos and purpose-built rentals may improve affordability compared to older, high-demand rental stock. At the same time, increased density may bring changes to traffic, parking, and neighbourhood character. Checking zoning, development applications, and school catchments early remains important when considering property near the university. Final Thoughts Existing and upcoming developments near UVic reflect a broader push to address housing demand while supporting a growing academic community. For students, homeowners, and investors, these projects signal continued growth and long-term change in one of Victoria’s most sought-after areas. Leanne D, 5-Star Review, via Google “I would highly recommend the Faber Group this is the second time we have used them and have been over the top happy with their service. They are an honest group of men who all go above and beyond to make your experience perfect!” 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 remains a top destination for people relocating to British Columbia in 2026. Mild weather, ocean views, and a relaxed pace draw families, professionals, and retirees. The city blends urban amenities with natural beauty, and balanced market conditions make settling in more approachable than peak boom years. Interprovincial migration continues to fuel growth. Many arrive from Alberta, Ontario, and other provinces seeking better quality of life and milder climates. Military Moves: CFB Esquimalt and Beyond CFB Esquimalt serves as a major hub for the Royal Canadian Navy on the West Coast. Thousands of military personnel, families, and civilians relocate here each year through postings or career moves. Key perks include: On-base housing options or priority access to local rentals Support services like the Military Family Resource Centre Proximity to schools, healthcare, and recreation tailored for families Many choose neighbourhoods like Esquimalt, View Royal, or nearby Saanich for shorter commutes. Real estate agents familiar with military relocations (like Cal Faber) can help navigate timelines, allowances, and buyer programs. Interprovincial Migration Trends Canadians from across the country keep moving to Vancouver Island. Lower housing pressure compared to Vancouver, combined with job growth in tech, government, healthcare, and defence, supports this flow. Newcomers often cite: Affordable options in suburbs like Langford or Colwood Strong schools and family-friendly communities Access to outdoor activities year-round In 2026, the market offers more inventory than recent years, giving buyers better negotiation room. Lifestyle Perks That Make Victoria Special Victoria delivers a high quality of life. Enjoy: Temperate weather with average highs around 15-22°C in summer and mild winters Walkable downtown, Inner Harbour, and vibrant food scene Nearby parks, beaches, hiking trails, and cycling paths Cultural events, festivals, and proximity to UVic and Camosun College Outdoor enthusiasts love whale watching, kayaking, and golfing. Families appreciate safe neighbourhoods and excellent public schools. Housing and Cost Considerations Single-family homes and townhomes continue to be in high demand across the region. While benchmark prices in some core neighbourhoods dipped modestly last year, buyer interest remains strong in family-oriented areas. For many newcomers, condos and townhomes still offer the most accessible entry points into the market. Rental conditions remain competitive, although vacancy rates have improved slightly. Expect higher costs in sought-after neighbourhoods such as Oak Bay or Fairfield, but more affordable options can be found in growing areas like the Westshore. To avoid surprises, use official resources to review school catchments and zoning requirements early in your search. Final Thoughts Relocating to Victoria, BC  offers a rewarding change. Military families benefit from CFB Esquimalt support, interprovincial movers find welcoming communities, and everyone enjoys the island lifestyle. Start by researching neighbourhoods that match your needs. Feel free to reach out to our team for current listings, market insights, and personalized guidance. Victoria welcomes newcomers and rewards those who make the move.   Brett Hayward, 5-Star Review, via Google “I can’t suggest how to make Fabers better at being good realtors. They’re already congenial, trustworthy, informed, experienced, and thorough. Cal listened and advised, and somewhere in the middle he said what the condo would sell for and he was right on. Thanks!” 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.”

Fairfield is widely regarded as one of Victoria’s most walkable neighbourhoods. Its compact layout, strong community amenities, and proximity to downtown make it especially appealing for buyers who want convenience without sacrificing character. Fairfield walkable neighbourhood living supports an active, connected lifestyle. Everyday Amenities Close to Home Residents can walk to grocery stores, cafes, schools, and local shops along Fairfield Road and Cook Street Village. Daily errands rarely require a car, which adds to the neighbourhood’s appeal for all ages. Proximity to Downtown and the Ocean Fairfield sits just minutes from downtown Victoria while offering quick access to Dallas Road, Beacon Hill Park, and coastal walking paths. This balance of urban access and outdoor space defines Fairfield walkable neighbourhood living. Sidewalks, Green Spaces, and Safe Streets Tree lined streets, consistent sidewalks, and traffic calmed roads make walking comfortable and safe. Parks and open spaces are woven throughout the neighbourhood, encouraging daily movement and outdoor time. Strong Community Feel Fairfield’s walkability supports local businesses and creates natural opportunities for connection. Residents often run into neighbours while walking, reinforcing the area’s strong sense of community. For buyers prioritizing convenience, lifestyle, and long term livability, Fairfield continues to stand out as one of Victoria’s most walkable neighbourhoods.   Yemi E., 5-Star Review, via Google “Scott has been very receptive and sincere with my family since we’ve been on the island 2 years ago. The fountain of knowledge mixed with the love of the island truly shows. I recommend this agent cause he actually listens to your 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.”

A first showing is often about first impressions. A second home showing, however, is where buyers gain clarity. This visit allows you to move past surface appeal and focus on whether the home truly works for you. How the Home Really Functions At a second showing, buyers tend to slow down. You notice room flow, storage, and how spaces connect. This is the time to picture daily routines, furniture placement, and whether the layout supports your lifestyle. Details You May Have Missed Small issues often stand out on a return visit. Look closely at finishes, windows, doors, and flooring. You may also notice signs of wear, moisture, or deferred maintenance that were easy to overlook the first time. Light, Noise, and Neighbourhood Feel Seeing the home at a different time of day can change your perspective. Pay attention to natural light, street noise, nearby activity, and privacy. These factors affect comfort long after move in day. Questions and Follow Ups A second home showing is ideal for asking targeted questions about age of systems, upgrades, utilities, or strata details. It also helps confirm whether the property still feels right once emotions settle. A second home showing provides confidence. It helps buyers confirm their decision, identify concerns early, and move forward with an offer based on clarity rather than impulse.   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.”

Metchosin living offers a quieter, more rural alternative to urban Westshore communities. Known for its open landscapes, farmland, and coastal scenery, Metchosin attracts buyers seeking space, privacy, and a slower pace of life. Before purchasing a rural property, however, there are several important factors to understand. Property Types and Zoning Most homes in Metchosin sit on larger lots, ranging from small acreages to multi-acre parcels. Zoning often supports agricultural use, hobby farming, or limited livestock. Buyers should review zoning bylaws carefully, especially if future plans include additional structures, home-based businesses, or land subdivision. Water, Septic, and Utilities Unlike urban areas, many rural properties rely on wells and septic systems for their water and waste management needs. Well quality, flow rate, and septic condition should always be professionally evaluated. Internet and cell service can vary by location, so confirming connectivity is essential for remote work or modern household needs. Maintenance and Ongoing Costs Acreage living comes with added responsibility. Larger properties require regular maintenance, including fencing, drainage, tree management, and access roads. While property taxes may be lower than city homes, maintenance costs and insurance considerations can be higher. Lifestyle and Location Metchosin acreage living appeals to buyers who value privacy, outdoor space, and a strong connection to nature. At the same time, amenities are limited compared to nearby Langford or Colwood. Most errands require a short drive, which is an important lifestyle consideration. Is Metchosin Right for You? For the right buyer, rural living in Metchosin offers a unique balance of space, natural beauty, and community character. Understanding land use, infrastructure, and long term costs helps ensure your acreage purchase aligns with both your lifestyle and investment goals.   Vince Reda, 5-Star Review, via Google “Cal and Scott made our home selling experience very simple and easy, especially when you consider that we were in a different province and corresponding via our mobile devices. In less than 2 weeks we received and accepted an offer on our Condo. We would like to thank the both of them for listing our property and sharing all their expertise in properly listing our condo.” 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.”

Heritage homes are a defining part of Victoria’s character, offering charm, craftsmanship, and a strong sense of history. From grand early-1900s residences to modest character homes, these properties appeal to buyers who value architectural detail and timeless design. However, owning a heritage home comes with unique responsibilities and considerations. Here is what to know before deciding if a heritage home is the right fit for you. What Is Considered a Heritage Home A heritage home is typically a property that has been recognized for its historical, architectural, or cultural significance. In Greater Victoria, this may include homes listed on a municipal heritage register or protected by a heritage designation. Not all older homes are formally designated, so it is important to understand a property’s specific status. The Appeal of Heritage Homes in Victoria Heritage homes often feature craftsmanship that is difficult to replicate today, including original millwork, wood floors, stained glass, and detailed facades. Many are located in established neighbourhoods close to downtown, parks, and amenities. For buyers who appreciate character and individuality, these homes offer a distinct lifestyle. Restrictions and Renovation Considerations One of the biggest differences with heritage homes is the level of restriction on alterations. Depending on the designation, changes to the exterior and sometimes interior may require special approvals. Renovations must often preserve original features, which can impact timelines and costs. Buyers should review local guidelines carefully before planning updates. Maintenance and Ongoing Costs Older homes generally require more maintenance. Roofing, plumbing, electrical systems, and foundations may need updating or ongoing care. While many heritage homes have been modernized, buyers should budget for higher maintenance costs and invest in thorough inspections before purchasing. Potential Incentives and Tax Benefits Some municipalities offer incentives to help offset the cost of maintaining heritage properties. These may include grants, tax incentives, or flexible zoning options. Availability varies by location, so it is worth exploring what programs may apply to a specific property. Insurance and Financing Factors Insurance premiums for heritage homes can be higher due to replacement costs and specialized materials. Financing may also require additional documentation or inspections. Working with lenders and insurers familiar with heritage properties can make the process smoother. Resale Value and Long-Term Appeal Well-maintained heritage homes often hold strong long-term appeal, especially in character-rich neighbourhoods. While the buyer pool may be more niche, these homes can attract passionate buyers who value history and design, which can support resale value when the home has been properly cared for. Is a Heritage Home Right for You Buying a heritage home is as much a lifestyle choice as a real estate decision. If you value history, are comfortable with ongoing maintenance, and are willing to navigate renovation guidelines, a heritage home can be incredibly rewarding. If flexibility and low maintenance are top priorities, a newer home may be a better fit. Understanding the responsibilities and benefits ahead of time can help you make a confident, informed decision.   Annie R., 5-Star Review, via Google “Vanessa Wood is the best realtor I've ever worked with. We had an excellent accepted offer within 11 days of listing! Vanessa is a great communicator and salesperson, organized and very hard working. She's also warm and was incredibly helpful as I was selling the house in Victoria while living on the Sunshine Coast. She and the Faber Group team went the extra mile on more than one occasion! I highly recommend Vanessa and her team.” 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.”

Perimeter drains, also known as foundation drains, are a critical part of a home’s waterproofing system. They direct water away from your foundation and help prevent basement flooding, water damage, and long-term structural issues. For homeowners in Victoria, BC, regular perimeter drain inspections are essential, especially given the region’s wet winters. Why Perimeter Drains Matter A functioning perimeter drain system protects your home’s foundation from excessive moisture. Without proper drainage, water can accumulate around the foundation, leading to leaks, mould growth, and even structural damage. Older homes, or those with heavy rainfall exposure, are particularly at risk. Signs You Might Need an Inspection Damp or wet basement walls Musty or mouldy odours in lower levels Soil erosion near the foundation Previous history of basement flooding Even if your home shows no visible signs of water intrusion, periodic inspections can catch early problems before they become costly repairs. What Happens During an Inspection Certified contractors inspect the condition of the perimeter drain system, checking for blockages, crushed pipes, or silt buildup. They may also test the slope of the soil around the foundation and examine sump pump function to ensure water is being directed properly away from the home. Benefits of Regular Inspections Prevent Costly Damage: Early detection of blockages or pipe deterioration avoids expensive basement repairs. Maintain Property Value: A dry, well-maintained basement increases buyer confidence and resale appeal. Peace of Mind: Knowing your drainage system is working protects your home from seasonal water issues. Maintenance Tips Ensure downspouts direct water at least 1.5–2 metres from the foundation Keep landscaping slopes away from the home Schedule professional perimeter drain inspections every 5–10 years, or sooner if you notice water issues Professional Help Perimeter drain inspection and maintenance are not DIY tasks. Licensed contractors in Victoria have the tools and experience to identify issues accurately and recommend effective solutions. If you’re unsure of your system’s condition, don’t hesitate to reach out for professional guidance. Final Thoughts For homeowners in Greater Victoria, perimeter drains are an often-overlooked part of maintaining a safe and dry home. Regular inspections and proper maintenance protect your foundation, prevent water damage, and preserve your home’s value — making them a smart investment for any property owner.   Darcie R., 5-Star Review, via Google “We had the best experience with Scott and the Faber Group team helping us buy our first house! From start to finish it was a positive experience, & Scott went the extra mile every chance he could. Based on our search parameters, we didn’t even come across this house, but using his expertise, he was able to find us our dream home that matched all of our criteria! We are so beyond happy and would absolutely recommend reaching out to Scott if you are looking to buy an amazing home.” 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.”

Vic West is one of Victoria’s most dynamic waterfront communities, offering a blend of urban convenience, historic character, and modern development. This Vic West neighbourhood guide highlights what makes the area appealing, from walkable amenities to its evolving housing landscape. Location and Community Feel Located just west of Downtown Victoria, Vic West sits along the Upper Harbour and Gorge Waterway. Residents enjoy quick access to the city core while still benefiting from a slightly quieter, community focused atmosphere. The neighbourhood attracts professionals, families, and downsizers who value proximity to downtown without the intensity of living directly in it. Waterfront Lifestyle Waterfront living is a major draw in Vic West. The Galloping Goose and E&N trails connect residents to scenic walking and cycling routes, while parks like Banfield Park and Songhees Walkway provide outdoor space with harbour views. Kayaking, paddleboarding, and evening walks along the water are part of everyday life for many locals. Housing and Development Housing options in Vic West are diverse. You will find modern condos, townhomes, character houses, and new mixed use developments. Ongoing urban growth has added density near the waterfront and transit corridors, creating more housing while supporting local businesses. This balance of growth and livability continues to shape the neighbourhood’s future. Shops, Dining, and Amenities Vic West offers convenient access to daily essentials, cafes, and local restaurants. The area is also minutes from Downtown Victoria, Esquimalt, and major transit routes, making commuting straightforward. Community amenities, schools, and recreational facilities further support a comfortable, connected lifestyle. Why Buyers Choose Vic West Buyers are drawn to Vic West for its waterfront setting, strong sense of community, and long-term growth potential. The neighbourhood continues to evolve, making it attractive for both homeowners and investors looking for a well-located Victoria address. If you are considering a move, this Vic West neighbourhood guide shows why waterfront living paired with thoughtful urban growth makes this area one of Victoria’s most desirable places to call home.   James C., 5-Star Review, via Google “Scott made the process of finding a good condo in Victoria as simple and straightforward as it can be. He was always very helpful, and quick to respond throughout the process from start to finish. Being new to BC I think the ordeal would have been pretty overwhelming otherwise. I'd definitely recommend Scott and his team to others in the future.” 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