Moving To Victoria BC? Many Affordable Real Estate Options !!!
Greater Victoria is often considered "The Retirement Capital of Canada", for obvious reasons, the mild climate during the winter, long spring, summer and fall seasons, beautiful scenery around every corner, any and all services one may ever need, low crime rates, low if any pollution from industry, lots of trails and benefits for any active retiree.... Yes Greater Victoria, is about as good as it gets in Beautiful BC and Canada.
With Greater Victoria being so desirable also come a few downsides, like higher than average Real Estate Prices and demand on services that assist the retired, are Two that directly affect retirees.
As Real Estate specialists that focuss on Assisting the 50+ Peter and Linda Pfann have made sure that we have compiled many many resources, tools, services and systems to make your transition to (semi) retired life in Greater Victoria much easier and we encourage you to contact us if you have any questions about any type of service or assistance that you may need additional information about before you decide is Greater Victoria is the right destination for you.
In this article we wanted to focus on the many Affordable Real Estate options that are available for purchase in and around Greater Victoria, complete with direct access to currently available properties so that you can get actual examples of homes that may be available for you dependent on property type, style, and price. In a previous article we provided access to the highest priced properties available in and around Greater Victoria, (here is the link to this article) off course it is fun to see what amazing homes and properties one could buy if money was no object.
For most of us, we have to consider a budget, so today we will review 4 common property types in Greater Victoria (Single Family Homes, Town Homes and 1/2 Duplexes, Condominiums and lastly Manufactured Homes).
For each property type we will provide you with a link to some actual examples currently for sale. These links are active to our personalized property search system, property information and the results will change from day to day. If you require specific information that is for your own specific use, it would be our pleasure to create a totally personalized property search for you, just send us an email or follow this link and complete the few questions, and it would be our pleasure to keep you up to date with your own FREE property search.
Single Family Homes
During February 2011, 248 Single Family Homes were sold in Greater Victoria with an average Sale Price of $ 623,389 and a Median Price of $ 564,940.
By using this link to our Affordable Single Family Home Search Results, you will see the currently available homes up to $ 400,000, when we created the this search there were 89 single family homes for sale under $ 400,000 with the lowest price being a home in Port Renfrew at $ 150,000 and while many of the homes will be in the more rural communities, like Sooke, there are still a good number of homes closer to the core of Victoria, and the Western communities.
During February 2011, 134 Condominium Homes were sold in Greater Victoria, with an average Sale Price of $ 320,717 and a Median Price of $ 285,444.
By using the following Link to our Affordable Condominium Homes Search, you will see the currently available Condominium homes up to $ 290,000. When we created this search there were 319 Condominium homes for sale under $ 290,000 with the lowest price of $ 84,000 for a one bedroom suite in a 55+ assisted living building. The Majority of the available Condominium Homes are in the core areas of Greater Victoria, as well as Colwood, Langford and some in Sooke.
1/2 Duplex and Town Homes
During February 2011, 52 Town homes were sold in Greater Victoria with an average Sale Price of $ 432,192 and a Median Price of $ 393,000.
By using the following Link to our Affordable 1/2 Duplex and Town Homes Search, you will see the currently available 1/2 Duplex and Town Homes up to $ 400,000. when we created this search there were 168 1/2 Duplex and Town Homes for sale under $ 400,000, with the lowest price of $ 179,000 for a 3 bedroom 2 bathroom 2 level town home in View Royal Town Home Community. At the time of the initial search the available homes were distributed fairly equally between many of the communities, including Victoria, Saanich, Sooke, Esquimalt, Central Saanich and Sidney.
During February 2011, 15 Manufactured Homes were sold in Greater Victoria with an average Sale Price of $ 158,404 and a Median Price of $ 135,900.
By using the following Link to our Affordable Manufactured Homes Search, you will see the currently available Manufactured Homes at all prices. When we created this search there were 83 Manufactured Homes for Sale at all prices, with the lowest price of $ 39,000 for a 2 bedroom one bathroom home in Sooke. Most of the Manufactured Home Communities are in View Royal, Langford, Sooke, Central Saanich and Sidney.
Mortgage Monthly Payment Calculations at current Rates
|Amount||Rate||Term||Amortization Period||Monthly Payment|
|$ 100,000||5.09%||5||25 yr.||$ 530.91|
|$ 150,000||5.09%||5||25 yr.||$ 796.37|
|$ 200,000||5.09%||5||25 yr.||$ 1,061.82|
|$ 250.000||5.09%||5||25 yr.||$ 1,327.28|
|$ 300,000||5.09%||5||25 yr.||$ 1,592.73|
|$ 350,000||5.09%||5||25 yr.||$ 1,911.28|
|$ 400,000||5.09%||5||25 yr.||$2,123.64|
|$ 450,000||5.09%||5||25 yr.||$ 2,389.10|
|$ 500,000||5.09%||5||25 yr.||$ 2,654.55|
|$ 550,000||5.09%||5||25 yr.||$ 2,920.01|
This Information was provided to you compliments of Victoria BC Realtors, "Peter and Linda Pfann", Certified Professional Consultant on Aging (CPCA)®. CPCAs are committed to providing exceptional service, and have supplemented their professional training by learning about the unique and changing needs of the 50+ population.
Make sure that the professionals serving you have taken the time and made the commitment to learn more about YOU! To find CPCAs in good standing in your area, go to www.CPCAcanada.com. or www.pfanntastic.com and www.victoriasm.com. To Find additional Victoria, BC, Canada, Senior Focused Resources, please visit "The Elder Friendly Community Network"
To Find out how we serve Greater Victoria Boomers and Seniors and their families with their real estate plans and needs in and around Greater Victoria BC, please call Peter and Linda Pfann in Victoria BC, Canada at (250)-213-9490 or firstname.lastname@example.org.