When looking to buy Real Estate in Victoria BC, most home buyers are looking for a mortgage helper. Especially a home with a suite. The beauty of having a suite in the home is that you have reliable rent coming in, while it pays off your mortgage and the value of your property increases.

Victoria Real Estate has proven to be very strong. Home prices continue to increase as we have limited land supply and as a lot of Canadians wish to retire on this beautiful island. We are seeing high demand for homes, townhouses and condos on Vancouver Island, however the issue that we are facing now is the limited, land and housing supply.  This is what is fueling an increase in home prices. As the market here expands, we are finding that home buyers, especially first time home buyers are starting to look for housing and real estate in the outskirts of the city, as prices are lower, as you move out of the inner city of downtown Victoria.

When home buyers or home sellers, are looking to invest, they always ask me, what makes this market so attractive to invest in for real estate. Well let us be honest, it is one of the most beautiful cities, safest cities, it is quiet, people are friendly, no traffic, and distances are not far. People love living on Vancouver Island, especially beautiful Victria. So there you go! My top reasons for buying real estate in beautiful Victoria BC.

If you are looking to get into the Real Estate Market in Victoria BC, please contact us and we will give you an honest, straight forward answer as to whether this is a market you should invest in or not, based on your circumstanes. Chat soon!