Your Victoria West and Songhees Specialist

I know the Victoria West and Songhees areas of Victoria.  My family lived in the Songhees for many years. I’ve walked along the inner harbour numerous times in the past four decades.  I’ve enjoyed the short walks along the ocean into downtown, while watching the sea life, canoes, kayaks, power boats, sail boats, yachts, ferries, and sea planes go back, forth, in, and out of the harbour. My family and I have spent many special moments together enjoying the beautiful vistas and outstanding amenities found throughout this special area of Greater Victoria.  I have an intimate knowledge of neighbourhoods found within Victoria West and the Songhees.

This special area of Greater Victoria has some little known charms, including:

  • Stunning sea side and harbour side walking paths.
  • Breathtaking views of the Victoria inner harbour, ocean, and majestic Olympic Mountains in the distance.
  • An excellent trail network for all levels of walkers and hikers.
  • An easy walk to downtown.
  • Great accessibility to a variety of local neighbourhood shopping areas.
  • Easy access to the harbour, airport, & ferries.
  • Numerous bike paths with access to all of Greater Vitoria along our regional trail system.
  • Close proximity to the Canadian Forces Base and naval shipyards.
  • Many outstanding recreation opportunities.

If you’re selling in this area, I can promote the countless outstanding features of your neighbourhood, to bring tons of well qualified buyers to view your home. Many buyers results in the fastest sales and highest prices in any market.

If you’re considering buying a home anywhere in Victoria West or the Songhees, I can help you find the home you’ll love.

Curious to learn more? Get in touch! I love to talk real estate. Contact me anytime by email at info@brentbeagle.com

Real Estate Trends for Victoria West

Average Prices (Updated Monthly)

When analyzing average prices it’s important to remember that every home is different.  If you have many small homes and fixer uppers sell in one month, it can dramatically reduce the average price.  You could see a decrease in average prices, while the true value of  homes in an area are increasing, or vice versa.  It’s important to look at the longer term trend when analyzing average prices.

Any area large enough to give you a meaningful monthly average price, can have dramatic differences in properties and their associated values.  For example, home size, lot size, age, condition, upgrades, views, and extras can be radically different from one home to another.  Most areas will have homes worth two or three times as much or even significantly less than the average price.  For more detailed information specific to your home, contact us for regular custom designed market reports for you home by email at info@brentbeagle.com.

As a general rule over time, average prices underestimate the increase in the true value of homes.  As average prices increase, new housing tends to become smaller and more affordable.   You have smaller lots, smaller homes, more density (taller buildings), and overall less expensive homes.  Furthermore, larger homes turn into stratas which offer multiple dwellings where just one home existed before.  If you would like to chat more about real estate, contact me anytime by email at info@brentbeagle.com.

Listing Inventory (Updated Monthly)

Listing inventory is an important indicator of whether the market is a seller’s market or buyer’s market.  For example, the end of 2015, all of 2016, and start of 2017 up until about May, were all strong to extremely strong seller’s markets, which caused some increases in average real estate values and substantially reduced inventory levels.  From 2008 to 2014, the market was anywhere from balanced to a buyer’s market which featured much higher inventory levels, and resulted in average real estate values staying relatively flat throughout these years.  To see prices fall to any significant degree, we will likely need inventory levels noticably higher than the levels that existed between 2008 and 2014.  Inventory levels similar to 2015 to 2017 can result in rising values.  If you would like to chat more about real estate, contact me anytime by email at info@brentbeagle.com.

The Approximate Area Graphed Above

Feature Listing

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Victoria West Condo Listings

Market Reports for Your Home

Receive detailed market reports about your home every three or six months.  Thinking of selling soon?  I can send more frequent & specific reports.  I will customize your reports to best reflect your home’s overall market.  Just send your home address and preferred frequency (every 3 or 6 months) to info@brentbeagle.com.  New homes, renovated homes, and some other cases may require additional information to improve report accuracy.  View a Sample PDF Report Now!

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Get In Touch

If you have questions about any aspect of real estate, if you would like to buy or sell now or in the future, or if you just want to chat about real estate, Brent is happy to help by phone, text, email, or to sit down with you over a coffee.

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©2019 Brent Beagle

Pemberton Holmes Ltd. 2000 Oak Bay Avenue, Victoria, British Columbia, Canada V8R 1V4

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