Posts Tagged ‘Greater Victoria real estate’

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.”

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.”

Low-maintenance living has become a growing priority for today’s home buyers. Whether driven by lifestyle changes, aging in place, or a desire for simplicity, more people are choosing homes that reduce upkeep and free up time. This shift is influencing both housing design and buying decisions across many markets. Why Buyers Are Prioritizing Low-Maintenance Living Many buyers want to spend less time on chores and more time on work, travel, family, or hobbies. Larger yards, older systems, and constant repairs no longer appeal to everyone. Instead, buyers are looking for homes that offer convenience, efficiency, and predictability in ongoing costs. Low-maintenance living is especially appealing to downsizers, busy professionals, and retirees. However, it is also gaining traction with younger buyers who value flexibility and a lock-and-leave lifestyle. Popular Low-Maintenance Housing Options Several property types support low-maintenance living. Condos and townhomes remain top choices due to exterior maintenance and landscaping often being handled by strata or homeowners’ associations. Newer builds also attract buyers because they typically include modern materials, updated systems, and energy-efficient features that require fewer repairs. Smaller single-family homes with compact yards are another option. These homes provide privacy without the burden of extensive outdoor maintenance. Design Features That Reduce Upkeep Homes designed for low-maintenance living often include durable flooring, simple landscaping, and energy-efficient windows and appliances. Open floor plans can also reduce cleaning time and make spaces easier to manage. As a result, functionality often takes priority over excess space. How This Trend Is Shaping the Market The demand for low maintenance living is influencing both developers and sellers. Builders are focusing on practical layouts and long-lasting materials, while sellers are highlighting ease of upkeep as a key selling feature. In competitive markets, low-maintenance living can give a property a clear advantage. Is Low Maintenance Living Right for You? Choosing low-maintenance living depends on your priorities and long-term plans. If flexibility, predictable expenses, and reduced responsibility matter to you, this lifestyle may be a strong fit. As housing preferences continue to evolve, low-maintenance living is likely to remain an important trend for buyers at every stage of life.   Demetrios T., 5-Star Review, via Google “Scott and Cal Faber were exceptional to work with. They were professional, patient, and incredibly informative throughout the entire process. They took the time to walk me through every step, which made the typically stressful experience of moving so much easier. Their knowledge of real estate is second to none, and their guidance gave me complete confidence in my decisions. I highly recommend both Scott and Cal to anyone looking for trusted, knowledgeable, and supportive realtors.” 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.”

Designed as a connected seaside neighbourhood, Royal Bay offers residents a mix of convenience, outdoor living, and daily necessities within walking distance of home. Royal Bay’s walkable lifestyle and amenities are central to what makes this Westshore community stand out. Walkable Design and Outdoor Connectivity Royal Bay’s layout prioritizes pedestrians and cyclists. Streets are designed to be safe and accessible, linking homes to parks, trails, beaches, and neighbourhood services without needing a car. Protected bike lanes, interconnected pathways, and easy access to the Galloping Goose regional trail reflect this focus on active transportation and walkability. Nature is woven into the community with over 10 kilometres of trails, playgrounds, and green spaces. Scenic seaside paths, forested walkways, and parks like the new Quarry Park create everyday opportunities for walking, running, or cycling close to home. Everyday Amenities at Your Doorstep Royal Bay’s mixed-use village, known as The Commons, anchors local amenities. This retail hub offers essential services and shops, including liquor stores, pharmacy services, and banking, all conveniently located within walking distance for residents. Dining options and local favourites, including bakeries and coffee shops, further enhance the pedestrian-friendly character of the area. Schools, Recreation, and Community Services Royal Bay is family-oriented with schools situated within the community and plenty of outdoor recreation. Trails, sports fields, and playgrounds make it effortless to walk to activities, while parks and green spaces provide daily outdoor destinations. Upcoming Amenity and Infrastructure Plans Several significant amenity projects are shaping the future of walkability and daily life in Royal Bay: Royal BC Museum Collections and Research BuildingA major cultural facility that will house research and public exhibits is coming to Royal Bay, with an expected opening in 2026. This landmark will add cultural destination appeal within walking distance of homes. Transit Exchange and Connectivity EnhancementsPlans include a Royal Bay Transit Exchange to improve public transit access across the Westshore and beyond, supporting walkable travel without dependence on a car. Quarry Park ExpansionQuarry Park’s new playground is open, and future walking trails, pump tracks, and open green spaces are scheduled to open in summer, along with planned sports fields, washrooms, and a potential community centre. New Residential and Mixed-Use DevelopmentProjects such as Bella Park condominiums will include extensive resident amenities like fitness spaces, social areas, green spaces, and co-working lounges, enhancing local walkable experiences and community engagement. Construction is expected to proceed through 2025–2027. What This Means for Residents The emphasis on walkability and amenities in Royal Bay makes living in this community distinct among Westshore neighbourhoods. Daily needs, recreation, culture, and connectivity are thoughtfully integrated so residents can walk to essential services, enjoy outdoor spaces, and participate in community life without long drives. Christina A. 5-Star Review, via Google “We had such a great experience working with Scott Faber during our recent home buying! From the start, Scott made everything super easy and was always there to answer our questions. Scott really listened to what we wanted and helped us find the perfect place.What we appreciated most was how down-to-earth and approachable he was. No matter what came up, Scott was on top of it and kept us in the loop the whole time. We felt like we were in great hands the entire process. ” 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 buying a home in Greater Victoria, many buyers must decide between a new build and a resale home. Each option offers unique benefits, depending on your budget, lifestyle, and timeline. Price and Ongoing Costs New build homes often come with a higher purchase price, particularly in growing areas like Langford and Colwood. While they include modern finishes and energy efficiency, buyers should budget for extras such as landscaping and window coverings. Resale homes may have a lower upfront cost, especially in established neighbourhoods. However, older homes may require updates or repairs, making a home inspection essential. Location and Neighbourhood New builds are typically located in developing communities, often farther from downtown Victoria. These areas offer newer infrastructure and planned layouts but may take time to fully mature. Resale homes are common in established neighbourhoods like Fairfield, Oak Bay, and Gordon Head, where amenities, schools, and transit are already in place. Customization and Condition New builds allow for modern layouts and, in some cases, finish selections. They also meet current building codes and include new systems, which can reduce early maintenance. Resale homes offer character and established lots. While updates may be needed, renovations can be done gradually and tailored to your preferences. Timelines and Warranties New builds often require flexible timelines due to construction schedules but come with the protection of BC’s 2-5-10 home warranty. Resale homes typically offer quicker possession and more predictable closing dates, though they do not include warranties. Which Option Is Right for You A new build may suit buyers looking for modern features and low initial maintenance, while a resale home may appeal to those prioritizing location and neighbourhood character. In Greater Victoria’s competitive market, the right choice depends on your long-term goals and lifestyle needs. Helen M, 5-Star Review, via Google “Cal and Scott are the best. They made it happen and made the entire process of securing my condo smooth and stress free. They were always supportive, responsive, and clearly committed to getting the right result. I am very grateful for their hard work and would highly recommend them to anyone looking for reliable, dedicated realtors.” 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.”

Spring is one of the busiest and most competitive times of year in the real estate market. Buyers are active, inventory increases, and well-prepared homes tend to stand out. If you are thinking about selling this spring, taking the right steps early can make a meaningful difference in both timing and final sale results. Here are the key steps to take if you want to sell your home this spring. Start Planning Early Preparation is critical for a successful spring sale. Begin planning several months in advance to allow time for repairs, cleaning, and professional guidance. Early planning helps avoid rushed decisions and ensures your home is ready when buyer activity peaks. Get a Professional Market Evaluation Understanding your home’s current market value is essential. A professional evaluation provides insight into pricing, recent comparable sales, and local demand. Pricing accurately from the start can attract more interest and reduce the risk of extended time on market. Declutter and Depersonalize Buyers want to envision themselves living in the space. Decluttering creates a sense of openness, while depersonalizing helps buyers focus on the home rather than the current owner. This includes clearing countertops, reducing furniture, and organizing storage areas. Complete Minor Repairs and Updates Small issues can leave a lasting impression on buyers. Addressing minor repairs such as leaky faucets, chipped paint, loose fixtures, and worn caulking can improve overall presentation. Simple updates often deliver a strong return by making the home feel well cared for. Focus on Curb Appeal First impressions start before buyers walk through the door. Refresh landscaping, clean walkways, and ensure the exterior looks tidy and inviting. Spring buyers are especially attentive to outdoor spaces, so highlighting these areas is important. Prepare for Professional Photography and Marketing High-quality photography and marketing are essential in today’s market. A clean, well-lit, and staged home photographs better and attracts more online interest. Strategic marketing ensures your home reaches the right buyers at the right time. Plan Your Timing Strategically The timing of your listing can impact exposure and competition. Understanding local market trends and seasonal patterns can help determine the best moment to list. Strategic timing can lead to stronger interest and smoother negotiations. Be Ready for Showings Once your home is listed, flexibility is key. Keeping the home show-ready and accommodating viewing requests increases the chances of attracting serious buyers. A well-prepared home that is easy to show often sells more efficiently. Work With a Trusted Real Estate Professional Navigating a spring sale requires local market knowledge, strong negotiation skills, and effective marketing. Working with an experienced real estate professional helps ensure every step is handled strategically, from preparation to closing. Selling your home in the spring can be a rewarding experience when approached with the right plan. Preparation, presentation, and professional guidance all play a role in achieving the best possible outcome.   Don Wong. 5-Star Review, via Google “I would recommend them to anyone buying real estate on the Vancouver Island. The team is very knowledgeable, courteous and professional, adding a personal touch to building a strong relationship. ” 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.”

Discovering asbestos in a home can be alarming, but it’s not uncommon in older properties in Victoria, BC, and it doesn’t always mean you need to panic. Asbestos-containing materials were widely used in insulation, flooring, roofing, and siding until the late 1980s. The key is understanding your options and taking appropriate safety measures. Confirm the Findings If your home inspection or testing report indicates asbestos, the first step is to ensure the results are accurate. Certified professionals can perform lab testing on samples to confirm the presence and type of asbestos. Knowing exactly what you’re dealing with helps guide safe removal or management. Assess the Risk Not all asbestos poses an immediate health threat. Asbestos is most dangerous when fibers become airborne and are inhaled. Intact, undisturbed materials (like insulation behind walls or flooring under carpet) are generally considered low-risk. A qualified professional can help determine whether the asbestos requires removal or if it can be safely managed in place. Hire Licensed Professionals for Removal If removal is necessary, only licensed asbestos abatement contractors should handle the work. Attempting DIY removal can release harmful fibers and create a serious health hazard. In Victoria, the Ministry of Labour and WorkSafeBC regulate asbestos removal, so using certified professionals ensures compliance with safety standards. Consider Containment or Encapsulation In some cases, asbestos can be safely managed without removal. Encapsulation involves sealing the material so fibers cannot escape, while containment involves enclosing the area to prevent exposure. These options may reduce costs while keeping the home safe. Communicate With Buyers or Sellers If you’re buying or selling a property, transparency is critical. Sellers should disclose asbestos findings, and buyers may negotiate repairs, removal, or price adjustments. Buyers should consult professionals to understand risks and potential costs before finalizing a purchase. Plan for Costs and Timing Removal or management of asbestos can be expensive, and scheduling certified professionals may take time. Include these considerations in your home buying or selling timeline. Factor the work into your budget to avoid surprises. Maintain Records Keep documentation of inspections, lab results, and any removal or management work performed. Future buyers or homeowners will benefit from clear records showing the home has been professionally assessed and safely maintained. Final Thoughts A positive asbestos report is not necessarily a dealbreaker. With the right approach — professional testing, proper risk assessment, safe removal or management, and transparent communication — homeowners in Victoria can navigate asbestos concerns safely while protecting their investment.   Scott L., 5-Star Review, via Google “Cal and Scott were not only professional but also incredibly personable and supportive. They were responsive to all my questions and concerns, making the entire selling process smooth and low stress. I highly recommend the Faber Group to anyone looking to sell their home with confidence. Thank you, Cal and Scott, for your outstanding service! ” 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 affordability continues to be a central topic for buyers, sellers, and policymakers in Greater Victoria. With a diverse range of neighbourhoods and property types from condos and townhomes to single‑family homes, affordability trends vary across the region. Understanding these patterns helps prospective buyers set realistic expectations and allows homeowners to plan strategically in a shifting market. Sales Prices vs Buyer Income One common measure of affordability compares typical home prices to local household incomes. In Greater Victoria, median home prices for detached houses have historically exceeded provincial and national averages, making ownership of traditional single‑family homes less attainable for some households. Condominiums and townhomes generally provide more accessible entry points, but even these segments can present challenges when demand rises. Impact of Interest Rates Mortgage interest rates play a major role in affordability. When rates are higher, monthly carrying costs increase even if sale prices stabilize. Conversely, more favourable financing conditions can enhance affordability by increasing buyers’ purchasing power. In 2025 and into 2026, shifts in interest rates have influenced buyer decisions, with some buyers choosing to remain patient or explore alternative housing types. Inventory and Buyer Options Inventory levels directly affect affordability. Limited supply can tighten competition and support higher prices, while increased listings can offer buyers more choice and negotiating flexibility. Greater Victoria’s seasonal patterns can lead to fluctuating inventory, with spring often bringing more listings than winter, which may ease affordability pressures at certain times of the year. Neighbourhood and Housing Type Variations Affordability trends vary widely across neighbourhoods. Areas with higher demand, such as central Victoria, Oak Bay, and select Westshore pockets, often command premium pricing, while more peripheral or up‑and‑coming communities can offer relatively lower entry points. Housing type also matters: smaller condos and townhomes remain key pathways for many first‑time and move‑down buyers. Rental Market Influence Rental affordability also shapes overall housing dynamics. In markets with tight rental conditions, more households may seek to purchase, further influencing demand and pricing patterns. Conversely, balanced rental markets can provide a viable alternative for buyers who are priced out of home ownership in the short term. Policy and Incentives Government policies and incentives, including first‑time buyer programs, tax treatments, and development approvals play a role in shaping affordability. Local and provincial initiatives aimed at supporting buyers and encouraging diverse housing supply can influence market conditions over time. Looking Ahead Greater Victoria’s housing market continues to evolve. For buyers, understanding affordability in the context of price trends, interest rates, neighbourhood characteristics, and available inventory is essential. Sellers can benefit from insight into which housing segments are attracting interest and how affordability influences buyer behaviour. Working with a knowledgeable real estate professional can help you interpret these trends and apply them to your personal goals, whether you are entering the market for the first time, moving within the region, or planning ahead.   Justine D., 5-Star Review, via Google “We did not just gain a realtor, but a friend. If you are looking for a realtor you can TRUST, and will look out for YOUR interests— then Cal and Scott are IT!!! I would recommend them to anyone looking to buy a home on the Island. I should also mention that Cal negotiated an amazing price on the purchase of our home and made sure if something was not right when we took possession that it would be taken care of. Cal and Scott and realtors with integrity and kindness. ” 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.”

Choosing the right neighbourhood in Greater Victoria and the Westshore depends on your lifestyle, needs, and priorities. As realtors working across the region, we help buyers identify areas that fit their goals, whether they are growing families, busy professionals, or retirees seeking a peaceful lifestyle. Neighbourhoods Ideal for Families Families often look for safe streets, good schools, parks, and community amenities. Areas like Saanich, Oak Bay, Royal Oak, and Colwood are popular for families because of excellent schools, playgrounds, and recreational facilities. These communities provide opportunities for outdoor activities, from local parks to nearby trails, and a strong sense of community where neighbours know each other. Neighbourhoods Suited for Professionals Busy professionals often prioritize convenience, transit options, and proximity to work, dining, and entertainment. Downtown Victoria, James Bay, Fernwood, and Langford Town Centre are excellent choices. These areas offer easy access to offices, cafes, shops, and cultural events. Modern condos and townhomes provide low-maintenance living, freeing up time for careers and social life. Neighbourhoods Perfect for Retirees Retirees often seek quiet streets, walkability, and access to healthcare and recreational activities. Esquimalt, View Royal, Cadboro Bay, and Colwood are ideal for retirees. These areas provide scenic walks, community centres, and close proximity to medical services. Many properties are single-level homes or offer low-maintenance yards, which makes daily life easier. The Greater Victoria and Westshore Advantage Regardless of your stage in life, Greater Victoria and the Westshore offer diverse communities with unique benefits. Families enjoy space and schools, professionals benefit from convenience and lifestyle amenities, and retirees can embrace a relaxed pace with beautiful surroundings. The key is finding a neighbourhood that fits both your needs and your long-term goals. How We Can Help As realtors familiar with Greater Victoria and the Westshore, we guide buyers through neighbourhood comparisons, property options, and local amenities. Our goal is to help you find a home and a community where you feel comfortable, connected, and confident in your decision.   Ola A. 5-Star Review, via Google “We had a great experience working with Scott from Faber real estate group to purchase our new home. Scott was professional, knowledgeable, and responsive. He had an impressive expertise in the local market and always made us feel like a top priority. His negotiation skills were outstanding, and he took care of every detail, from arranging inspections to researching potential issues with the property. Throughout the process, Scott was patient, understanding, and went above and beyond to provide us with extra resources and options.” 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.”

As we move into 2026, Greater Victoria’s real estate market is expected to shift into a more balanced and predictable phase. After several years of rapid change driven by interest rates, inventory constraints, and economic uncertainty, the coming year is shaping up to favour informed buyers and well-prepared sellers. Here is what homeowners and buyers should know heading into 2026. Market Conditions Are Expected to Stabilize   Greater Victoria is anticipated to see a steadier market in 2026, with moderate price movement rather than sharp increases or declines. Buyer confidence is expected to improve as interest rates stabilize, encouraging more activity without the urgency seen in past boom cycles. This shift supports healthier negotiations and more balanced conditions across most property types. Price Growth Likely to Be Modest and Localized   Overall price growth in 2026 is expected to remain modest, with performance varying by neighbourhood and housing type. Well-located single-family homes and townhomes with functional layouts are likely to remain in strong demand, while condominiums may experience more price sensitivity depending on strata fees, building age, and amenities. Inventory Levels Should Gradually Improve   One of the biggest constraints in recent years has been limited housing supply. In 2026, inventory is expected to increase gradually as more homeowners feel comfortable listing. This will provide buyers with more choice while reducing extreme competition. However, desirable properties that are priced correctly are still expected to sell efficiently. Buyer Demand Will Continue to Be Driven by Lifestyle   Greater Victoria’s lifestyle appeal continues to attract buyers from across British Columbia and other parts of Canada. Proximity to nature, walkable communities, and access to amenities remain top priorities. Homes that offer energy efficiency, flexible living spaces, and outdoor areas are expected to perform well in 2026. Sellers Will Need a Strategic Approach   Unlike past years where nearly any listing attracted attention, 2026 will reward sellers who price realistically and invest in presentation. Staging, professional photography, and clear disclosure will matter more as buyers become selective. Overpricing may lead to longer days on market and price adjustments. What This Means for Buyers and Sellers   For buyers, 2026 may present better opportunities to negotiate, particularly in segments with increased inventory. For sellers, understanding micro-market trends by neighbourhood and property type will be essential to achieving top value. Working with a local expert who understands these nuances will be more important than ever. Looking Ahead   Greater Victoria’s real estate market remains fundamentally strong, supported by limited land supply, consistent demand, and long-term population growth. While the pace may slow compared to peak years, 2026 is shaping up to be a year of opportunity for those who plan ahead and stay informed. If you are considering buying or selling in 2026, understanding how these trends apply to your specific situation can make a significant difference. 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 “Building Lasting Relationships, One Home at a Time.”