Property Taxes

Annual taxes paid to local municipalities based on your Victoria BC property’s assessed value. Tax amounts vary by location and are an important consideration for buyers budgeting for ownership costs.

Positive Cash Flow on an Investment Property

Positive Cash Flow on an Investment Property Unlike Vancouver with their souring prices, increased sales and increased building starts, Victoria is still lagging behind like most cities across Canada. Victoria had a small increase in sales in March, but still trails the 5 year average. Listing inventory has dropped slightly, but still only 1 in […]

Tax Assessments and Rapid Fluctuations

With the rapid fluctuations in the real estate market of late, house prices can quickly go up or down in value, resulting in annual property assesment values that appear significantlyout of line with the current market. Also, with the time lag delays in receiving the actual assessments verse the time it takes the market to change, it can be […]

When Selling Your Victoria Home Makes Financial Sense

Your mortgage is mostly paid off. Your house has gained value over the years. You’re sitting on significant equity, and you’re wondering if it makes sense to unlock that money for other purposes. Is it time to sell and reap the rewards of your home’s values?