Posts Tagged ‘real estate advice Victoria’

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 Older homes in Victoria require consistent attention to avoid depreciation tied to outdated systems.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.”  

As realtors working in Greater Victoria, we often get asked by buyers which types of homes offer the best value right now. Whether you are looking at condos, townhomes, detached houses, or properties in suburban neighbourhoods, the right choice depends on your lifestyle, budget, and long-term goals. Condos Condos remain a popular choice for first-time buyers, downsizers, and people seeking a low-maintenance lifestyle. In Greater Victoria, many condos are located near downtown or along transit corridors, making them convenient for work, shopping, and entertainment. Prices for condos have been relatively stable, and some buildings offer amenities such as gyms, pools, and concierge services. Condos are ideal if you want a smaller footprint and less responsibility for maintenance, though strata fees should be factored into your budget. Townhomes Townhomes are a great middle ground. They offer more space and privacy than a condo but are generally more affordable than detached homes. In areas like Langford, Saanich, and Oak Bay, townhomes are attractive to young families or buyers looking for more room without a full yard to maintain. Many townhome communities also have shared amenities and strong community appeal. Townhomes are a good option if you want a balance of affordability, space, and convenience. Detached Houses Detached houses offer the most flexibility, space, and privacy. They are perfect for growing families or anyone wanting a backyard, garage, or room to expand. Prices for detached homes in Greater Victoria are higher, especially in core areas like Fairfield, Oak Bay, and Fernwood. While the investment is larger, detached homes tend to hold their value well and offer long-term stability. If you can manage the budget, a detached home in a desirable neighbourhood is often the best long-term investment. Suburban Neighbourhoods Suburban homes, particularly in Langford, View Royal, and Sooke, have become increasingly popular. These areas offer more space for the price, larger lots, and newer construction. Suburban living may mean a longer commute for some, but it also provides access to parks, schools, and a quieter lifestyle. Suburbs are often the best buy for buyers seeking value, modern homes, and room to grow. The Bottom Line There is no one-size-fits-all answer when it comes to the best home type in Greater Victoria. Condos are great for convenience and low maintenance, townhomes offer a balance of space and cost, detached homes provide long-term investment potential, and suburban properties give more room for the price. The best choice depends on your priorities, budget, and lifestyle. As realtors in Greater Victoria, we help buyers navigate these options, evaluate the market, and find the right fit for their needs. The key is to understand the trade-offs and make a choice that works for your life today and in the future.   Wilson, 5-Star Review, via Google “Amazing people there! They will help you through the entire process and will always make you feel like family. For those first time home buyers, don't be intimidated entering the market because they will explain every process and guide you through.” 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 2026 Greater Victoria real estate market entered the year in a noticeably more balanced position. Inventory is higher year-over-year, sales remain seasonally soft, and prices are largely stable, with variation by neighbourhood and property type. Buyers have real choice again. Sellers who price realistically are still seeing solid outcomes. January 2026 Snapshot (VREB) Sales: 339 properties sold region-wide 19.7% fewer than January 2025 7.6% fewer than December 2025, consistent with winter trends Active Listings: 2,624 at month-end Up 3.1% from December Up 9.6% year-over-year Market Balance: Sitting on the line between balanced and buyer-friendly, depending on the neighbourhood Benchmark Prices at a Glance Victoria Core Single-family: $1,265,500 Down 2.5% year-over-year Slight uptick from December, signalling price stability Condos: $537,800 Down 1.5% year-over-year The most stable segment in the market Westshore Single-family benchmarks are not broken out monthly Langford, Colwood, and View Royal posted modest gains through 2025 Relative affordability and newer housing stock continue to support demand Saanich (East & West) Generally stable pricing Family-oriented neighbourhoods like Gordon Head, Broadmead, and Royal Oak are holding value well Data source: VREB MLS® Home Price Index, February 2026 release What This Means So Far The broader trend from 2025 into early 2026 is clear. Core Victoria single-family homes softened modestly over the past year. The Westshore posted small gains, supported by family demand and newer inventory. Saanich continues to act as the steady middle ground. What Buyers Can Expect in 2026 More selection, especially early in the yearInventory levels are the highest seen in several years. Expect more choice and slightly longer days on market across most areas. Stable pricing with room to negotiateCore Victoria single-family benchmarks are holding in the $1.25M to $1.3M range. The Westshore continues to offer the best value for buyers seeking detached homes. Condos remain buyer-friendlyCondos are still the most accessible entry point for first-time buyers and downsizers, with stable pricing and ample selection. Westshore continues to lead for growth and valueLangford, Colwood, View Royal, Westhills, and Royal Bay offer newer builds, family amenities, and long-term upside. Saanich delivers lifestyle and schoolsNeighbourhoods like Gordon Head, Cadboro Bay, Broadmead, and Royal Oak continue to command premiums. Inventory is tighter, so well-prepared homes still sell quickly when priced correctly. Rates and external factors matter, but less dramaticallyMortgage rate stability or modest Bank of Canada cuts would support confidence. The market has returned to normal seasonal patterns rather than urgency-driven behaviour. Bottom Line for 2026 The 2026 Greater Victoria real estate market is healthy and sustainable. Buyers have more choice than at any point since 2021, prices are not falling sharply, and demand remains steady in well-located neighbourhoods. If you are planning to buy this year, the first half of 2026 offers one of the strongest windows we have seen in recent years, particularly in the Westshore and select areas of Saanich. If you would like to discuss your options or explore opportunities in your target neighbourhood, feel free to reach out anytime. Noel A., 5-Star Review, via Google “My partner and I had a great experience with Scott and the Fabers with our first home purchase. Scott answered all questions we had and helped guide us to make the right purchase that fit our lifestyle. Would highly recommend the Fabers!” 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.”

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.”

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.”

Many buyers are searching for homes that allow them to settle in quickly with minimal work. As construction costs rise and renovation timelines become less predictable, move in ready homes are gaining more attention and often selling faster than properties that require updates. Understanding why these homes are standing out can help buyers make better decisions in today’s market. Why Buyers Are Prioritizing Convenience and Certainty Renovations can add stress, cost, and time to the buying process. Move in ready homes provide the opposite experience. Buyers can take possession with confidence, avoid immediate upgrades, and focus on enjoying the home from day one. This level of convenience is especially appealing to busy professionals, families, and first time purchasers who want a smooth transition. How Updated Finishes Create Strong First Impressions Homes that have been well maintained or updated tend to photograph better, show better, and attract more interest online. Modern kitchens, refreshed bathrooms, and neutral colour schemes help buyers envision themselves living in the home. This often leads to increased foot traffic, stronger offers, and a more competitive market position. Cost Predictability Matters More Than Ever With renovation prices continuing to fluctuate, buyers appreciate the financial clarity that a move in ready home provides. There are fewer unknowns, fewer surprise expenses, and greater ability to plan ahead. This predictability can be a major advantage when budgeting for closing costs, moving costs, and future ownership responsibilities. Move In Ready Options Still Need Strong Due Diligence Even well presented homes require careful evaluation. Buyers should review home history, ask about recent upgrades, and understand the age of key systems such as roofs, plumbing, and electrical. A move in ready home is most valuable when both the cosmetic and functional features are in good condition. Why These Homes Stand Out in Competitive Markets In a market where buyers value simplicity and stability, move in ready homes often rise to the top of the list. They reduce barriers to settling into a new community and allow buyers to focus on lifestyle rather than renovation planning. As more purchasers prioritize low maintenance living, these properties will continue to play a key role in overall market activity. If you would like support identifying move in ready opportunities across the Westshore or Greater Victoria, we can help you compare neighbourhoods, property conditions, and long term value.   Grace Chong., 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.”

Selling a home in Greater Victoria is about more than listing it online. First impressions matter, and how your home looks during an open house or private showing can make a big difference in attracting serious buyers. As experienced realtors, we help homeowners get their properties ready to sell quickly and at the best possible price. Start with a Deep Clean Cleanliness is one of the simplest but most impactful ways to make your home appealing. Dust, vacuum, and scrub every room. Pay attention to areas buyers notice most, like kitchens, bathrooms, and entryways. A clean home signals that it has been well maintained and makes it easier for buyers to imagine themselves living there.   Declutter and Depersonalize Buyers want to envision their own life in the space, not yours. Remove personal photos, keepsakes, and excessive decorations. Clear countertops, organize closets, and minimize furniture where possible. A tidy, open space makes rooms appear larger and more inviting.   Boost Curb Appeal The exterior of your home is the first thing buyers see. Trim hedges, mow the lawn, clean windows, and consider adding simple touches like potted plants or a fresh welcome mat. A welcoming exterior sets the tone for what buyers can expect inside. Make Minor Repairs Small fixes can make a big impression. Check for leaky faucets, squeaky doors, chipped paint, or loose handles. Addressing these issues shows buyers that the home has been cared for and reduces potential objections during negotiations. Create a Neutral and Inviting Atmosphere Neutral colors, good lighting, and subtle scents help buyers feel comfortable. Open blinds to let in natural light, turn on lamps in darker rooms, and consider baking something simple or lighting a lightly scented candle to create a warm ambiance. Avoid overpowering fragrances.   Stage Strategically Staging is more than decorating. Arrange furniture to highlight space and functionality. If you have empty rooms, set them up for a clear purpose, like a home office or reading nook. Well-staged homes often sell faster and for higher prices. Be Flexible with Showings The more accessible your home is for potential buyers, the better. Accommodating private showings and open houses—even at short notice—can increase interest and create a sense of urgency. Consider leaving during showings so buyers feel comfortable exploring the space freely. Final Thoughts Preparing your home for open houses and showings is an investment in the selling process. Clean, decluttered, and well-staged homes attract more buyers and help you achieve the best possible outcome. As realtors in Greater Victoria, we guide homeowners through every step of preparation to ensure their property stands out in a competitive market.   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 “Building Lasting Relationships, One Home at a Time.”

Choosing where to live in Greater Victoria is about more than just the house; it’s about lifestyle, convenience, and community. Areas like Langford, View Royal, and Sooke have grown in popularity for good reason. They offer a unique combination of space, lifestyle, and value that can be hard to find in the city core. More Space for the Money One of the biggest advantages of suburban living is the amount of space you can get for your budget. Homes in Langford, View Royal, and Sooke often come with larger lots, multiple bedrooms, and garages. Whether you are looking for room for a growing family, a backyard for pets, or extra storage, suburbs provide options that are harder to find in downtown Victoria. Modern Homes and New Developments Suburban communities often feature newer construction, townhomes, and family-friendly developments. Many properties come with modern layouts, updated appliances, and energy-efficient features. This is especially appealing for buyers who want to avoid costly renovations or enjoy contemporary finishes from day one. Access to Nature and Outdoor Activities Living in these areas puts you closer to some of the region’s most beautiful natural spaces. Sooke offers beaches, hiking trails, and parks. Langford and View Royal have local parks, walking paths, and convenient access to cycling routes. If your lifestyle includes outdoor recreation, suburban living can make it easier to enjoy it every day. Strong Community Feel Suburban neighbourhoods often foster a tight-knit sense of community. Local schools, community centres, and family-friendly events help residents feel connected. Whether it’s participating in a farmers’ market, attending a local festival, or simply meeting neighbours at the park, these areas offer a welcoming environment that is ideal for families and newcomers alike. Convenient Amenities and Growing Services While suburban living offers more space, it doesn’t mean sacrificing convenience. Langford, View Royal, and Sooke have shopping centres, restaurants, gyms, and essential services within easy reach. Many areas are expanding rapidly, bringing in new stores, medical facilities, and recreational options, making day-to-day life easier for residents. The Bottom Line Suburban communities like Langford, View Royal, and Sooke offer a balance of space, lifestyle, and convenience that appeals to a wide range of buyers. Whether you are a young family, a professional looking for more room, or someone seeking a quieter lifestyle without giving up amenities, these areas provide options that combine value and quality of life. As realtors in Greater Victoria, we help buyers explore these suburban markets, compare properties, and find the right fit for their needs. For many, the suburbs provide not just a home but a lifestyle that supports both family life and personal freedom.   Marieke de Jongh , 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 “Building Lasting Relationships, One Home at a Time.”