Posts Tagged ‘Westshore growth’

The Westshore remains one of Greater Victoria’s fastest-growing regions and continues to attract buyers who want space, convenience, and strong long-term value. With several new projects planned for 2026, understanding what is coming can help buyers make confident and well-timed decisions. More Housing Options for Different Lifestyles Municipalities across the Westshore, such as Langford, Colwood, and the Highlands, are approving a wide mix of housing. Buyers can expect new rental buildings, mid-rise condos, townhomes, and family-focused subdivisions. This variety gives buyers more choice at different price points and helps match homes to specific lifestyle needs. Pre Sale Opportunities Require Good Timing Many developers expect to release new pre sale opportunities in 2026. Buying pre construction can offer earlier pricing and the chance to customize layouts or finishes. It also requires patience and a clear understanding of deposits, financing conditions, and delivery timelines. Working with a Realtor who understands pre construction contracts helps buyers protect their interests and secure the most suitable unit. Infrastructure Growth Will Shape Daily Life New roads, parks, schools, transit improvements, and utilities are being built in step with residential expansion. These investments improve quality of life and can support long-term property value. Buyers should also be aware that active construction may mean temporary traffic changes or noise depending on the location. Pricing and Market Competition Will Vary New projects often influence pricing in surrounding neighbourhoods. While additional inventory can ease pressure on resale prices, highly desirable developments may still sell quickly. Buyers benefit from mortgage pre approval and a clear understanding of priorities so they can move forward with confidence when the right opportunity appears. Strong Potential for Investors The Westshore continues to attract renters, and several new developments are expected to include purpose-built rental units. Buyers who are exploring investment properties should review strata rules, projected rental rates, and tenant demand within each neighbourhood to assess long-term potential. Modern Design and Sustainability Trends Upcoming developments are expected to include more energy-efficient construction, smart home features, shared amenities, and walkable community design. These trends reflect shifting buyer preferences and can boost long-term resale value. Tips for Buyers Planning Ahead Get mortgage pre approval early so you can act quickly when opportunities appear. Work with a Realtor who specializes in the Westshore to access early project information. Understand developer timelines to avoid surprises. Consider how nearby future growth may influence long-term resale value.   Florenda S., 5-Star Review, via Google “We worked with Cal & Scott selling our home recently. The effort they put into the sale was amazing with the photo virtual walk through set, the video, the night shots and open houses. Our house sold very quickly even in a slowdown in the market.” 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.”

Steady Population Growth Driving Demand The Westshore continues to benefit from steady population growth, which is supporting long-term demand for housing. Communities such as Langford, Colwood, and View Royal are attracting residents from across Greater Victoria as well as buyers relocating from other parts of the province. This consistent growth has helped create a stable foundation for real estate investment. Investors are increasingly focused on areas where employment, schools, and amenities are expanding together. The Westshore checks many of these boxes, making it an appealing choice for those looking to invest with a long term outlook. Strong Demand for Rental Properties Rental demand in the Westshore remains strong, particularly for condos, townhomes, and secondary suites. Many tenants are drawn to newer housing options, reasonable rents compared to central Victoria, and access to transit and major employment routes. Investors are paying close attention to layouts that appeal to renters, such as two-bedroom units, functional floor plans, and properties with parking. Homes that are move in ready and well located continue to perform best in the rental market. New Development and Infrastructure Investment Ongoing development plays a key role in shaping investment trends. Continued investment in transportation improvements, commercial centers, and recreational amenities has increased the overall desirability of the Westshore. As these projects are completed, surrounding neighbourhoods often see increased interest and stronger resale potential. Investors who focus on areas near growing amenities tend to benefit from both rental stability and appreciation over time. Condos and Townhomes Leading the Market Condos and townhomes remain popular investment choices in the Westshore due to lower entry prices and broad tenant appeal. These property types often offer more predictable maintenance and easier management compared to detached homes. Newer buildings with strong strata management are attracting investors who value long-term reliability and clear operating costs. A Long-Term Investment Perspective The most successful Westshore investors tend to take a long term approach. Rather than aiming for short term gains, they focus on consistent rental income, gradual appreciation, and growing demand driven by population and infrastructure growth. With its combination of value, growth, and livability, the Westshore continues to stand out as a compelling area for real estate investment within Greater Victoria. Annie Rodgers, 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 “Building Lasting Relationships, One Home at a Time.”