• Victoria
  • Sidney
  • Saanich Peninsula
    250-656-4626
In your neighbourhood...
  • Victoria
  • Sidney
  • Saanich Peninsula
    250-656-4626
In your neighbourhood...

Blog

Buying Property Without Seeing it in Person - Tag: Property Information

Posted by Jack Barker

The past year has been difficult for many people, but restrictions on gathering in person have also given rise to technology we already had in place to be used differently.

Real estate agents and buyers alike have found that remote viewing is not only possible, but often more desirable for all parties involved.

The use of this technology means that the property can be staged at the seller’s convenience, and they don’t necessarily have to leave the property in order for remote viewings to take place. This also helps buyers who plan to move long distances make a purchase with no regrets.

Here are a few more reasons how and why you can buy a house without ever stepping foot in it. 

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Positive Trends in BC's Property Market - September Updates - Tag: Property Information

Posted by Jack Barker

For this month’s roundup we figured that everyone could do with a healthy dose of positivity! Something that it seems has been in short supply throughout 2020, with that in mind, here’s a look at some of the positive recent trends in BC real estate. 

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Real Estate News For March - COVID-19 - Tag: Property Information

Posted by Jack Barker

Writing a roundup of real estate news invariably involves projection. Always trying to look forward and see how the market will shift, and give our customers the best advice on what to do with their property searches—but this month, the theme of the news is definitely one of uncertainty and calls for stability. 

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In The News - February Updates - Tag: Property Information

Posted by Jack Barker

Here’s a roundup of all the latest developments in the Vancouver housing market for the beginning of February. 

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2020 BC Assessments Due - Tag: Property Information

Posted by Jack Barker

Whether you’ve already received yours or are expecting one soon, if you’re among the 374,600 property owners throughout Vancouver Island to receive a 2020 assessment notice from BC Assessment, you may already be reevaluating your future property decisions for the coming year. 

These assessments — which reflect property values as of July 2019 — are issued yearly by BC Assessment based on their yearly analysis of the relevant data. The picture that’s being painted is one of relative stability, especially in the southern areas of Vancouver Island, with shifts falling primarily in the range of  -5% to +5%. However, further upland there are more significant examples of volatility, especially in terms of price increases. 

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How a Home Inspection Helps You - Tag: Property Information

Posted by Jack Barker

You’ll definitely want to get a professional home inspection before you buy a particular property as a qualified professional can identify issues you may not have noticed yourself.

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New Surveys Shed Light On The Concerns Of Young Homebuyers - Tag: Property Information

Posted by Jack Barker

With home ownership having undergone a volatile transition phase in terms of both volume and demographics, there are now emerging trends that explain what the new generation of homeowners are worried about when it comes to their property decisions.

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Strata Development Termination - Tag: Property Information

Posted by Jack Barker

Two recent BC court cases clarify when a strata council might list a terminated development project for sale, or contract to sell it to a buyer.

Many of BC's earliest strata developments are around 50 years old. Aging strata buildings may be located in an area rezoned for higher density development, or need so much remedial work that selling the project to a developer for redevelopment is more cost effective. In 2016, the province of BC made it easier for strata owners to choose to terminate their development, lowering the threshold for a winding-up resolution to 80%. Since then, the Supreme Court of British Columbia has decided several important termination cases.

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Exemptions to Bill 45 - Tag: Property Information

Posted by Jack Barker

As of the passing of Bill 45, the Budget Measures Implementation (Speculation and Vacancy Tax) Act, the Government of British Columbia has approved additional exemptions to the tax, addressing advocacy concerns brought to the Province’s attention by BCREA. The Bill now allows for exemptions for British Columbians going through traumatic life events such as illness, divorce, or separations, and for owners of properties that are being developed or undergoing renovations.

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Local School Locations Added To REALTOR.ca - Tag: Property Information

Posted by Jack Barker

New school catchment information on REALTOR.ca will roll out nationally in phases, and is already available for Victoria and Vancouver. Coverage reached 80% of school boards in Canada by September. An additional feature allowing parents to search for a property within a particular school’s catchment area will be available later in the fall.

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