Water and Septic First
Many rural parcels rely on a private well and an onsite septic system. A proven well and a site suited to septic can matter more to value than an extra acre.
Current Acreage Land Data
Greater Victoria Land Over One Acre Market Report
Track the market for vacant land over one acre in Greater Victoria, from rural lots in the Highlands and Metchosin to farmland on the Saanich Peninsula and forested parcels around East Sooke, Otter Point and Jordan River. The statistics are generated from current MLS® data and change as parcels are listed, sold or repriced.
Acreage land caution: Parcels here range from just over an acre to large rural holdings, and a single estate parcel can sit far above everything else on the list. Water supply, road access, Agricultural Land Reserve status and farm tax class affect value as much as size, so compare like with like.
Search land over one acre All Greater Victoria lots & land Homes on acreage
How to Read the Numbers
Reading the Acreage Land Numbers
Rural land trades less often than city lots, and each parcel is different. Keep these points in mind.
ALR and Farm Class
Land in the Agricultural Land Reserve has limits on homes and subdivision, and the farm tax class depends on meeting BC Assessment's farm income thresholds.
A Different Pace
Compare days on market for acreage with other acreage, not with houses or city lots. There are fewer buyers, and their due diligence on wells, septic and access takes longer.
Not Every Acre Is Equal
Level, usable, cleared acres are worth more than steep, wet or heavily treed ones, so the same price per acre can mean very different value on two parcels.