Cowichan Valley Acreages & Land Market Report

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Current Cowichan Valley Acreage Data

Cowichan Valley Acreages & Land Market Report

Track rural land in the Cowichan Valley, from Westholme and Maple Bay to Glenora, Cowichan Bay, Cowichan Lake, Saltair and Thetis Island, including asking-price ranges, days on market and active inventory for homes on one acre or more, farms, forested parcels and bare land listed through the Vancouver Island Real Estate Board. Figures come from live MLS® data and refresh whenever a Cowichan parcel is listed, sold or repriced.

Cowichan Valley acreage market caution: A bare forested lot near Lake Cowichan, a working farm in Glenora and a commercial site on the edge of Duncan can all appear in this table, and one large farm or vineyard estate can lift the average sharply. Bedroom, bathroom and living-area averages describe only the listings with a house. Compare parcels of similar size, zoning and ALR status in the same part of the valley.
Rows of vines on a Cowichan Valley vineyard with forested hills behind
Cowichan Valley Acreage Market Hobby farms, vineyards, rural homes and land from Westholme to Glenora and Cowichan Lake
How to Read the Numbers

Understanding Cowichan Valley Acreage Market Data

Cowichan land is priced on what it can grow, what the rules allow on it and how far it is from Duncan.

01

Farmland vs Forest Land

Open, level land in Glenora, Cowichan Station, Westholme and around Cowichan Bay is priced for pasture, hay and vines, while treed parcels around Cowichan Lake and on the slopes of the valley sell mainly as rural home sites. The price per acre for the two can differ widely even at similar sizes.

02

Who Zones the Parcel

North Cowichan, the Cowichan Valley Regional District, the Town of Lake Cowichan and, on Thetis Island, the Islands Trust each set their own rules on dwellings, suites and subdivision, and Agricultural Land Reserve status adds another layer. Two neighbouring acreages can allow quite different uses.

03

Tax Lines Shape Demand

Acreage inside North Cowichan, Duncan or the Town of Lake Cowichan falls under the speculation and vacancy tax, while land in the electoral areas does not. Buyers planning a second home or a long build often weigh that difference in what they will pay.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
7248 Indian Rd 3 2 2,816 $890,000 $316 1 day
Lt 2 Braithwaite Dr N/A N/A N/A $484,000 Unknown 1 day
8033 Greendale Rd 24 8 6,920 $2,395,000 $346 1 day
8033 Greendale Rd N/A N/A N/A $2,395,000 Unknown 1 day
4970 Wilson Rd 9 5 4,598 $1,550,000 $337 6 days
1029 Herd Rd 4 3 3,026 $1,075,000 $355 7 days
4425 Telegraph Rd 3 3 1,533 $1,250,000 $815 8 days
2839 Wedgewood Dr 5 4 3,826 $1,299,900 $339 9 days
3049 Telegraph Rd 7 7 4,205 $1,600,000 $380 9 days
7028 Westholme Rd 3 4 4,514 $1,995,000 $441 13 days
2128 Calais Rd 5 2 2,200 $930,000 $422 13 days
Lot 2 Willcox Rd N/A N/A N/A $1,500,000 Unknown 16 days
3541 Casey Rd 5 3 2,099 $1,249,900 $595 19 days
2815 Ortona Rd 3 2 1,756 $1,050,000 $597 26 days
1241 Sutherland Dr N/A N/A N/A $2,507,635 Unknown 29 days
7285 Osborne Bay Rd 3 3 3,839 $1,364,900 $355 26 days
80 Blue Heron Rd 2 2 676 $499,000 $738 29 days
1115 Chapman Rd 7 3 3,614 $1,274,900 $352 30 days
5982 Mayo Rd 6 5 4,303 $1,299,000 $301 30 days
6364 Deykin Ave 4 2 2,509 $1,595,000 $635 33 days
1582 Wilmot Ave 6 5 3,551 $1,199,000 $337 34 days
10715 Rocky Beach Rd N/A N/A N/A $2,500,000 Unknown 35 days
3271 Thain Rd 5 3 2,697 $1,045,000 $387 34 days
5280 Koksilah Rd 2 1 970 $799,000 $823 34 days
7421 Westholme Rd 3 2 1,355 $899,000 $663 34 days
6371 Genoa Bay Rd 4 4 2,865 $2,495,000 $870 35 days
LT 4 Blackwood Hts N/A N/A N/A $1,190,000 Unknown 36 days
124 Clam Bay Rd 3 1 1,760 $1,099,000 $624 37 days
4536 Lanes Rd 5 3 4,859 $1,250,000 $257 36 days
7775 Cowichan Lake Rd 4 2 2,610 $1,200,000 $459 39 days
10780 North Shore Rd N/A N/A N/A $6,600,000 Unknown 40 days
6588 Norcross Rd 3 2 1,632 $1,900,000 $1,164 42 days
1753 Peerless Rd 5 4 4,069 $1,753,000 $430 43 days
4065 Gibbins Rd 2 2 1,740 $1,190,000 $683 44 days
7487 Relke Rd 5 5 4,209 $1,599,900 $380 44 days
10780 North Shore Rd N/A N/A N/A $6,600,000 Unknown 49 days
5160 Cowichan Lake Rd 5 3 2,902 $1,299,000 $447 50 days
419 Scholey Cres 5 5 4,970 $989,000 $198 51 days
8396 Sa-Seen-Os Rd N/A N/A N/A $3,995,000 Unknown 51 days
4005 Rowe Rd 3 3 1,436 $2,100,000 $1,462 62 days
1711 Escarpment Way N/A N/A N/A $1,795,999 Unknown 58 days
8965 Meades Creek Rd 3 3 3,610 $1,147,800 $317 58 days
939 Khenipsen Rd 3 2 1,986 $1,650,000 $830 68 days
4030 Gibbins Rd 4 2 2,319 $1,149,000 $495 68 days
7791 Hudgrove Rd 1 2 1,625 $999,000 $614 69 days
8631 South Shore Rd Unit ##29 2 1 N/A $249,900 Unknown 70 days
1765 Cowichan Bay Rd N/A N/A N/A $4,200,000 Unknown 71 days
949 Pacific Pl 3 3 2,509 $1,190,000 $474 73 days
3045 Drinkwater Rd N/A N/A N/A $2,388,000 Unknown 78 days
5805 Jaynes Rd N/A N/A N/A $875,000 Unknown 78 days
Average: 4.3 3.2 3,046 $1,873,941 $574 120 days
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Viewing 1 - 50 of 126

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