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What type of home can $1.5 million get you in Victoria?

Depending on where you are from, you may be surprised by the answer.

Gone are the days when being a millionaire made you think of uncle penny bags holding a sac of cash. Now, being a millionaire is what it takes to own a home in Victoria. With the MLS® HPI Benchmark Price for a single family detached home in the greater Victoria area sitting at $1,248,900 for the Month of August 2022, you’d be shy by a few bucks with just a million dollars.

So, for the sake of this post, I wanted to show you what $1.5 million can get you in Victoria. The listings in this post range from $1,449,000 to $1,588,000, but around $1.5 Million being the average price. 

Now, while none of these listings are mansions, they are nice homes, in good parts of town. These types of homes are ideal for young families looking for space to put down some roots.

If you're thinking of buying and would like some tips or assistance, reach out to us!



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When it comes to deciding where you want to purchase a home, there is a lot more then price to consider.​​​​​​​​

​​​​How long will the commute to work be?​​​​​​​​

​​​​​​​​If you have kids, are schools close and public transit an option? ​​​​​​​​

​​​​​​​​Are there grocery stores and other amenities important to you in the area?​​​​​​​​

​​​​​​​​Having this mind set will be very important when you begin your search and will help guide us to finding that perfect home for you. ​​​​​​​​

​​​​​​​​If you are unfamiliar with different areas on the island, we would be more than happy to help you decide what some of your best options are. ​​​​​​​​


If you're thinking of buying and would like some assistance, reach out to us!



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A lot of strategy goes into finding the correct listing price for a home.


Finding the right price that attracts tons of buyers and generates a lot of interest in the home takes…

-experience

-skill

-knowledge of the market


Which is exactly what your REALTOR® uses to figure out the perfect price to list a property at.


They know how to use strategy to either price the home under market value, over market value or right at market value to attract the most buyers and get a bidding war going.


Pricing a home isn't just about looking at the market value–it depends on so much more! That’s one of the many reasons why you should definitely consult a REALTOR® when you go to sell your home.


Want to see what we would recommend for pricing your home? Contact us and let’s chat about it!

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I have sold a property at 4 7570 Tetayut Rd in Central Saanich

I have sold a property at 4 7570 Tetayut Rd in Central Saanich. See details here

Here it is! An amazing one-level adult life-style in sought after "Hawthorne Village"! An immaculate, bright and tastefully decorated two bedroom, two bath custom built home with some incredible features, including a state-of-the-art walk-in shower. Enjoy the spacious rooms, propane fireplace, vaulted ceilings, a fully fenced yard with mature landscaping, a spacious patio area and an attached double garage with a double driveway out front! This home shows a tremendous pride of ownership. It's where you'll be enjoying the sun in privacy, but still close to great neighbors! Close to all amenities, transit and only minutes to the city, Sidney, Saanichton, the ferries, airport and hospital. MHR means no property purchase tax! This home is easy and a pleasure to view!

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I have sold a property at 972 Wild Ridge Way in Langford

I have sold a property at 972 Wild Ridge Way in Langford. See details here

FANTASTIC NEW PRICE! WELCOME HOME TO VALLEY VIEW. You will love this wonderfully planned family neighborhood. Bordering Langford & Metchosin this Professionally built-in 2006 open concept Features 5 bedrooms and a den with 3 full bathrooms, imagine long showers with the Gas On-Demand Hot Water heating system, and 2 Separate Laundry rooms. An Executive home with over 2400 sq. Ft. of Solid Value. From the Granite Countertops, Stainless Steel Appliances, Laminate floors & Vaulted Ceiling above warmed with a cozy gas fireplace rite down to A freshly painted LEGAL 2-bedroom Suite. Located perfectly for country excursions or a short drive to all that the city offers. Backing onto WILLING PARK - Named after settlers in the early nineteen hundreds, A walking trail with a small pond meandering through the Alder and Cedar second-growth forest with connections to the neighborhood streets making for wonderful evening strolls. Lovely home in a Fantastic FamilySubdivision or Revenue from the start.

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I have sold a property at 201C 2469 Gateway Rd in Langford

I have sold a property at 201C 2469 Gateway Rd in Langford. See details here

Olive+ Floor Plan: Welcome to Sky Gate, your gateway to the outdoors! Live right at Langford's most exciting new development. Constructed to be Built Green and to Energy Step Code 4 of the BC Building Code. 74% more efficient than current BC code requires, Sky Gate is one of Vancouver Island’s most environmentally-advanced multifamily buildings. Enjoy absolute ambient comfort with triple pane windows and a heat pump for heating and cooling in every. Luxury vinyl plank flooring, quartz counters, LED lighting, soft close cabinetry, and large rooms in each of the five modern floor plans to choose from. Building amenities include roof-top deck, fitness centre, dog run, community gardens, EV charging stations, community lounge, bike storage, and so much more. Located in across from Staples on the new Gateway Rd.

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New property listed in Na Uplands, Nanaimo

I have listed a new property at 401A 4830 Cedar Ridge Pl in Nanaimo. See details here

BEST UNIT IN THE COMPLEX! Top floor, Corner, Spectacular Lake Views with 2 parking spots. Bask in the sun on your large south facing deck over looking Long Lake. Welcome to Lakeview Terrace, a new condo community near Nanaimo’s famous Long Lake. Constructed to be BUILT GREEN®, this community is built highly-efficiently and sustainably. Triple-pane windows and energy recovery ventilation in every home. Luxury vinyl plank flooring, quartz counters, LED lighting, soft close cabinetry, and large rooms. Building amenities include fitness centre, community lounge, bike storage, and so much more. Don't hesitate as this one won't last.

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Open House. Open House on Friday, September 30, 2022 11:00AM - 1:00PM

Please visit our Open House at 531 Heatherdale Lane in Saanich. See details here

Open House on Friday, September 30, 2022 11:00AM - 1:00PM

Luxury townhome in the sought after Heatherdale Estates. This 3 bedroom, 4 bathroom home will not disappoint. With over 1800 sq ft of living space and tons of storage in the oversized garage, making this the perfect starter or downsizing home. Hardwood flooring on the main level lead into the chefs kitchen with granite counter-tops, stainless appliances and 2 large balconies. Upstairs are 3 good sized bedrooms, main bathroom and ensuite. The neighbours are great and it's a well run strata. Walking distance to trails, Commonwealth Recreation Centre, Broadmead Shopping Centre and Royal Oak Shopping Centre! Don't delay as this one won't last...

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I have sold a property at 115B 4810 Cedar Ridge Pl in Nanaimo

I have sold a property at 115B 4810 Cedar Ridge Pl in Nanaimo. See details here

AO B Floor Plan, Bravo Building Corner unit: Welcome to Lakeview Terrace, a new condo community near Nanaimo’s famous Long Lake. Constructed to be BUILT GREEN®, this community is built highly-efficiently and sustainably. Enjoy absolute ambient comfort with triple-pane windows and energy recovery ventilation in every home. Luxury vinyl plank flooring, quartz counters, LED lighting, soft close cabinetry, and large rooms are in each of the five modern floor plans to choose from. Building amenities include fitness centre, community lounge, bike storage, and so much more. Lakeview Terrace is comprised of three buildings, each with its own unique characteristics and ranging between three or four storeys.

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I have sold a property at 308B 4810 Cedar Ridge Pl in Nanaimo

I have sold a property at 308B 4810 Cedar Ridge Pl in Nanaimo. See details here

AO D Floor Plan in the Bravo Building: Welcome to Lakeview Terrace, a new condo community near Nanaimo’s famous Long Lake. Constructed to be BUILT GREEN®, this community is built highly-efficiently and sustainably. Enjoy absolute ambient comfort with triple-pane windows and energy recovery ventilation in every home. Luxury vinyl plank flooring, quartz counters, LED lighting, soft close cabinetry, and large rooms are in each of the five modern floor plans to choose from. Building amenities include fitness centre, community lounge, bike storage, and so much more. Lakeview Terrace is comprised of three buildings, each with its own unique characteristics and ranging between three or four storeys.

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