Cowichan Valley Waterfront Market Report

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Current Cowichan Valley Waterfront Data

Cowichan Valley Waterfront Market Report

Track current waterfront market conditions from Maple Bay, Genoa Bay and Cowichan Bay to Crofton, Saltair, Thetis Island and the shores of Cowichan Lake, including asking-price ranges, price per square foot, days on market and active inventory for oceanfront, lakefront and riverfront property listed through the Vancouver Island Real Estate Board. The figures come from current MLS® data and update as waterfront properties are listed, sold or repriced.

Cowichan Valley waterfront market caution: Waterfront listings here range from small cabins and recreational strata lots on the south shore of Cowichan Lake to custom oceanfront homes at Maple Bay and Genoa Bay and large lakefront parcels near Youbou, some of them commercial. A single large parcel or a run of cabin lots can move the average sharply. Compare properties on the same lake or bay, with similar frontage and access.
Calm water off Crofton looking across to Salt Spring Island
Cowichan Valley Waterfront Market Oceanfront on Maple Bay, Cowichan Bay and Stuart Channel, and lakefront around Cowichan Lake
How to Read the Numbers

Understanding Cowichan Valley Waterfront Market Data

Salt water and fresh water are separate markets in the valley, and the figures blend them.

01

Ocean and Lake Are Different Markets

Oceanfront at Maple Bay, Genoa Bay and Cowichan Bay draws buyers who want moorage and island views, while Cowichan Lake attracts families and second-home owners looking for swimming and boating. The two rarely compete, so valley-wide averages say little about either.

02

Cabins, Lots and Land

Recreational strata lots, small cabins and bare waterfront land around Cowichan Lake list for far less than a finished home but often have little or no living area, which distorts price per square foot.

03

Few Listings at a Time

Saltair, Crofton, Cowichan Bay and Thetis Island each produce only a handful of waterfront listings, so one property can shift their figures. Look at sales on the same stretch of shore when judging value.

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
2144 Angus Rd 5 5 4,218 $2,799,000 $663 13 days
1835 Westlock Rd 4 3 3,110 $1,695,000 $545 16 days
1717 Westlock Rd 3 3 2,312 $1,550,000 $670 22 days
3809 Gardner W Rd 2 2 1,844 $1,200,000 $650 22 days
170 Wavell Rd 3 2 1,390 $1,099,000 $790 23 days
8394 Sa-Seen-Os Rd 5 4 3,321 $1,999,000 $601 26 days
LOT B Sa-Seen-Os Rd N/A N/A N/A $1,050,000 Unknown 26 days
4077 Balsam Dr 2 2 1,254 $1,775,000 $1,415 28 days
744 Handy Rd Unit ##111 3 3 2,194 $1,690,000 $770 27 days
936 Arbutus Ave 3 2 2,196 $999,000 $454 28 days
10257 South Shore Rd Unit ##10 2 1 574 $359,900 $627 30 days
8290 Sa-Seen-Os Rd Unit ##3 1 1 650 $425,000 $653 29 days
6009 Genoa Bay Rd 3 4 2,931 $2,350,000 $801 30 days
6364 Deykin Ave 4 2 2,509 $1,595,000 $635 33 days
10715 Rocky Beach Rd N/A N/A N/A $2,500,000 Unknown 35 days
5025 Genoa Bay Rd 3 3 2,693 $1,150,000 $427 34 days
1747 Westlock 3 3 2,010 $1,669,000 $830 35 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
3677 Gardner Rd 3 2 1,080 $1,250,000 $1,157 36 days
10780 North Shore Rd N/A N/A N/A $6,600,000 Unknown 40 days
6855 Park Ave Unit ##6 1 1 N/A $318,000 Unknown 41 days
1753 Peerless Rd 5 4 4,069 $1,753,000 $430 43 days
10780 North Shore Rd N/A N/A N/A $6,600,000 Unknown 49 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
62 Gordon Rd 3 2 1,675 $1,299,900 $776 56 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
8631 South Shore Rd Unit ##7 3 1 981 $509,000 $518 77 days
232 North Shore Rd Unit ##3 2 1 542 $489,900 $903 83 days
1231 Sutherland Dr 5 4 6,298 $2,799,000 $444 89 days
SL 9 Skye Rd N/A N/A N/A $875,000 Unknown 92 days
10552 Coon Creek Rd 5 3 2,267 $1,399,000 $617 97 days
1838 Cowichan Bay Rd Unit ##101 1 1 792 $489,000 $617 99 days
4370 Moss Rd 4 4 2,897 $4,950,000 $1,708 111 days
10164 Youbou Rd 3 2 3,241 $2,299,000 $709 112 days
1765 Cowichan Bay Rd Unit ##5 2 1 845 $449,999 $532 133 days
8130 Sa-Seen-Os Cres 4 3 2,162 $1,900,000 $878 137 days
2221 Tarn Pl 3 3 3,141 $1,850,000 $588 142 days
160 Cowichan Lake Rd 3 3 2,760 $889,000 $322 145 days
1705 Cowichan Bay Rd Unit ##4 3 2 1,414 $535,000 $378 153 days
8631 South Shore Rd Unit ##30 N/A N/A 190 $120,000 $631 155 days
41 Somenos St 3 2 2,775 $899,000 $323 162 days
8631 South Shore Rd Unit ##50 5 3 5,384 $869,900 $161 163 days
8631 South Shore Rd Unit #40 2 1 328 $219,900 $670 167 days
4544 Lanes Rd N/A N/A N/A $3,500,000 Unknown 174 days
144 Sunrise Point Rd 4 3 2,398 $1,489,000 $620 170 days
5353 Gore Langton Rd 5 5 4,303 $3,333,000 $774 168 days
Average: 3.3 2.7 2,479 $1,776,907 $662 93 days
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Viewing 1 - 50 of 55

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