Posts Tagged ‘home buying Victoria’

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.”

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.”

Colwood is one of the fastest growing and most sought after communities in the Westshore. It combines relaxed coastal living with established neighbourhoods, modern development, and beautiful natural surroundings. For families, professionals, and retirees, Colwood offers a lifestyle that feels balanced, welcoming, and connected.   A Coastal Community With Everyday Convenience Colwood offers the best of both worlds. It is close to major routes and neighbouring Langford, making commutes simple, errands efficient, and daily life easy to navigate. At the same time, the community maintains a calm and comfortable atmosphere that feels removed from the busier urban pace.   Family Friendly Neighbourhoods With Room to Grow Families love Colwood for its parks, schools, and walkable streets. The area is filled with green spaces and community programs that create a warm, neighbourly feel. From playgrounds to sports fields to well connected residential areas, Colwood supports busy family life with comfort and convenience.   Stunning Natural Beauty and Outdoor Recreation Nature is at the heart of Colwood’s lifestyle. Residents enjoy Esquimalt Lagoon, the oceanfront bird sanctuary, Hatley Castle grounds, and peaceful forest trails. Long beach walks, sunset views, and easy access to outdoor recreation make Colwood an ideal place for anyone who values time outside.   Modern Growth in Royal Bay Royal Bay is shaping the future of Colwood with new homes, seaside dining, walkable streets, and a lively village style atmosphere. It appeals to professionals, young families, and downsizers who want modern living near the ocean. This new community continues to add amenities that enhance Colwood’s overall appeal.   A Comfortable Choice for Retirees Retirees appreciate Colwood’s slower pace, natural setting, and easy access to everyday essentials. With condos, townhomes, and single family options, there is a comfortable home style for every preference and stage of life.   A Strong and Stable Real Estate Market Colwood continues to attract buyers who want long term value and steady growth. Its blend of established neighbourhoods, modern development, and ongoing investment supports a strong and reliable real estate market. With natural beauty, thoughtful planning, and a warm community feel, it offers a lifestyle that appeals to many. If you are considering a move to the Westshore, we would be happy to help you explore the areas that best match your needs and goals.   Darcie Reid, 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 “Building Lasting Relationships, One Home at a Time.”

The Westshore is one of the most dynamic and diverse regions in Greater Victoria. Each community offers something unique, from family friendly streets to quiet natural escapes to vibrant areas close to shops and recreation. As local real estate professionals, we have seen how the right neighbourhood can truly enhance a buyer's lifestyle. Here are some of the top Westshore areas to consider based on what matters most to you. For Families Seeking Space and Community: Langford and ColwoodFamilies often gravitate to Langford and Colwood because these communities blend convenience, value, and outdoor access. Langford offers newer homes, well planned subdivisions, and many parks and recreation centres. Colwood provides a quieter atmosphere with established streets, ocean views, and easy access to schools and beaches. Both areas continue to grow while maintaining a strong sense of community. For Professionals Seeking Convenience and Modern Living: Westhills and Royal BayProfessionals appreciate neighbourhoods that offer quick access to amenities and an easy commute. Westhills in Langford is known for its modern homes, walkability to shopping and recreation, and connectivity to transit routes. Royal Bay in Colwood continues to evolve into a coastal village with new dining options, green spaces, and a fresh seaside feel. Both neighbourhoods offer a balanced lifestyle that supports busy schedules. For Retirees Seeking Nature and Peace: Metchosin and HighlandsThose looking for privacy, natural beauty, and a slower pace often fall in love with Metchosin and the Highlands. Metchosin charms with rural acreage, oceanfront trails, and a warm village atmosphere. The Highlands appeals to those who want a forested retreat with easy access to Gowlland Tod Provincial Park and nearby amenities. These areas offer a peaceful environment while remaining close to the conveniences of the Westshore. For Buyers Seeking Value: Langford Lake and Happy ValleyLangford Lake and Happy Valley offer attractive price points without sacrificing lifestyle benefits. Langford Lake provides waterfront access, trails, and a relaxed lakeside vibe. Happy Valley features family oriented neighbourhoods and a mix of newer homes with scenic surroundings. Both areas give buyers excellent value and strong long term potential. For Active Lifestyles: Bear MountainBuyers who love recreation often choose Bear Mountain. With golf courses, tennis facilities, hiking trails, and resort style amenities, it is ideal for those who want an active everyday lifestyle. The community also offers a mix of condos, townhomes, and luxury residences that appeal to many types of buyers. The Westshore truly offers a neighbourhood for every lifestyle. Whether you are starting a family, planning retirement, or looking for a fresh place to call home, we would be happy to help you explore the area and find the community that feels like the right fit. Grace C., 5-Star Review, via Google “Zach is very pleasant and professional at all times. He's great to work with. He helped us find a great home for our family. Thank you ” 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.”

As realtors who have worked through hot cycles, slowdowns, and everything in between, we can confidently say that Greater Victoria is currently a balanced market. Not the runaway bidding wars of 2021-2022, and not the ultra-cautious environment immediately after the interest rate hikes. Instead, we’re in a middle ground where good properties sell, and buyers have room to think. Inventory and Sales Pressure The clearest indicator of balance is inventory relative to demand. At the end of October 2025, the Victoria Real Estate Board recorded 3,423 active listings across Greater Victoria. That’s well above the extremely low inventory levels of the pandemic boom, but it isn’t oversupply. It allows buyers to compare options without forcing sellers to slash prices. The sales-to-active-listings ratio sits around 18-20 percent. Industry standards consider roughly 12-16 percent a buyer’s market and 20-28 percent a seller’s market. The mid-to-high teens is the territory we call balanced. In practice, this means neither side has full leverage: buyers can negotiate, and sellers can still get fair results when priced correctly. What Prices Are Doing Prices in 2025 are steady overall, though the behavior varies by product type. The benchmark price for a single-family home in the Victoria core is approximately $1,276,500. That is down about 1.8 percent from 2024. The drop is far from a crash; it’s more of a normalization after years of outsized growth. Condominiums are holding firm. The benchmark condo price in the core is just over $551,000, up roughly 0.6 percent year-over-year. This segment benefits from affordability pressures and downsizers returning to the city. Townhomes sit in between. Average sales this year hover around $815,000, with a median around $794,500. They offer more space than a condo without the single-family price tag, and they remain attractive to young families. Across all property types, homes are selling close to listing price. Most transactions land in the 97-98 percent of asking range, which is another sign of equilibrium. When a market favors sellers, you see multiple offers and over-asking. In a soft market, homes sell well below list. Right now, neither extreme is dominant. How This Feels on the Ground If you’re a buyer, you can breathe. You’re no longer racing through 15-minute showings only to hear the home sold before you’ve reached your car. You can walk through several properties, compare finishes and layouts, and analyze monthly costs. You still need pre-approval and a strategic approach, but you have the luxury of choice. If you’re a seller, strategy matters more than ever. A well-priced home in a core neighbourhood like Fairfield, Oak Bay, or East Saanich still attracts strong attention. Listings that land above the comparable range or need too much work for today’s buyers will sit. Presentation, staging, and timing have become essential strategies again rather than optional add-ons. Why Balanced Markets Are Often the Best Balanced markets tend to be healthier and more sustainable. In an overheated market, buyers stretch beyond comfort, waive due diligence, and often regret the decisions that follow. In a weak market, sellers feel trapped or discouraged. Balance creates clarity. It allows everyone involved to act rationally, negotiate fairly, and make informed decisions. The Greater Victoria market is dynamic by nature. It reacts to interest rates, lifestyle migration, limited land supply, and the value people place on this region. But right now, the numbers and the day-to-day experience line up: this is not a market tilted heavily toward either party. It is one in which preparation and proper advice matter more than brute force. Justine Dancey, 5-Star Review, via Google “Cal and Scott treated us like family. We had only 5 days to find a home and Cal cleared his schedule to make himself available to us. Cal guided us in the purchase of our home, as if we were a member of his family asking for advice. I knew we could trust Cal. His service to us did not stop with the purchase of our home…he helped us find trades people and provided information about rental incomes in the area. We were new to the Island and I honestly felt that Cal adopted us and has made sure we had everything we needed. 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!!!” 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.”