20th
Jan 10

Gorgeous character home in Fairfield

posted by Steve Roper | No Comments »

fairfield00This beautiful home has been thoughtfully upgraded throughout and boasts a bright and sunny floorplan and family-friendly design!

Features include a new Bruce Wilkin designed gourmet kitchen with granite countertops, custom cabinetry, bar area with wine fridge and bar sink, desk area and lots of storage! Gleaming Teak hardwood floors are showcased on the main level of the home, with a tiled gas fireplace featured in the living room, and built-in leaded glass cabinet and wainscotting showcased in the dining room.

The feeling throughout is warm and cozy with radiant in-floor heating throughout the main and lower levels, and in the upper level bathroom. Double French doors off the dining room lead to a spacious new deck, which is perfect for BBQs & outdoor entertaining!

Upstairs, 4 lovely bedrooms are featured, the master bedroom featuring a large closet with built-in storage and lovely hardwood floors. Three additional bedrooms are also located on the upper level, all with large windows. The main bathroom features custom cabinetry and built-ins, large separate shower with rain shower head, full-sized claw foot tub and warm tiled floors!

On the lower level of the home, a fantastic rec room/ play room has been created with easy care hardwood floors,.

12th
Jan 10

Sellers market for real estate: report

posted by Steve Roper | No Comments »

JANUARY 8, 2010 – Times Colonist

For-sale signs are sprouting around the region as consumer confidence is rising in the wake of the recession.

Victoria is a seller’s market where home prices will stay strong — particularly in the first two quarters of the year — thanks to low interest rates, tight inventories and rising consumer confidence, says one of Canada’s leading real estate companies.

According to Royal LePage’s market survey forecast, released yesterday, Vancouver’s average price for an existing home is predicted to rise 7.2 per cent this year over last year. Victoria was not included in the forecast of major metropolitan centres, but price increases aren’t expected to be as high here as in Vancouver, said Carol Geurts, president of Royal LePage Coast Capital Realty.

“I think we are going to see our biggest increases in early spring and that might be it for the year,” she said. “So much is tied to what the interest rates are going to do.”

Predictions by Royal LePage line up with those by the Victoria Real Estate Board and other industry watchers, who expect inventories to increase and interest rates to rise later in 2010.

“I think steady-as-she-goes is probably what we’re looking at, at least for the first two quarters of this year.”

Buyers’ confidence is up, she said, adding her office was busy through.