Change your lifestyle? Now is the best opportunity to be a ¼ owner of a beautiful fully furnished, extra height 10-foot ceiling, 742sf suite with 1 bdr, 2 full baths, a f...
Courtesy of Team 3000 Realty Ltd
Introducing the "Salish Sea" Float Home at Pier 66 in Cowichan Bay—an idyllic West Coast retreat where every floor showcases breathtaking ocean panoramas. This charming p...
Courtesy of RE/MAX Camosun
The Botanical RV Resort! Recreational property where big is better with an over height carport designed to accommodate up to a 40-foot Recreational Vehicles. Comes comple...
Courtesy of Pemberton Holmes - Sooke
BACK ON THE MARKET! Property priced for lot value. Buyer may explore renovating this home to bring it back to it's former glory. It has a special charm to it that you rar...
Courtesy of Dockside Realty Ltd.
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This is a bit of a misnomer, as there are no truly affordable houses in Victoria these days. Less expensive properties are typically found in the Western Communities, in areas like Colwood, Langford, and especially in Sooke or the Malahat region, but any savings realized there on housing is often offset by the high cost of commuting into the core from those areas.
In fact, based on BCAA stats, the cost of commuting, with a small vehicle, from the Westshore into the core, to and from work, five days a week, is about $1000.00 per month, all things considered. That's enough to service about $150,000 worth of debt, slightly more than difference in the price of housing from core to west. If you work in Langford, or in the surrounding area, or if you do not have a daily commute at all, buying your home in the Western Communities makes a lot more sense. It's impossible to find any houses in Greater Victoria under $500,000 that's for sure.
If you are looking for less expensive houses and homes in general in this region, have a look at some of the following areas:
Esquimalt: Esquimalt is a municipality located just west of Victoria. It has a mix of residential, commercial, and industrial areas. The housing options in Esquimalt range from older single-family homes to townhouses and some apartment buildings. It has a more diverse demographic and a reputation for being a relatively more affordable area compared to some of the surrounding districts. Langford: Langford is a rapidly growing suburb situated about 20 kilometers west of downtown Victoria. It offers a mix of housing types, including single-family homes, townhouses, and condos.
Langford has seen significant development in recent years, with new neighborhoods emerging. While there are upscale neighborhoods in Langford, it also has areas with more affordable properties, making it an attractive option for families and first-time homebuyers.
Colwood is another suburban district west of Victoria, Colwood features a mix of newer developments and established neighborhoods. It offers a range of housing options, including single-family homes, townhouses, and some condominium complexes. Colwood has a more laid-back, suburban feel and is known for its family-friendly communities. While it has some higher-priced properties, it also has more affordable areas, particularly in older neighborhoods. View Royal: Situated between Victoria and Colwood,
View Royal is a mixed-use district with a blend of residential, commercial, and light industrial areas. It offers a variety of housing options, including single-family homes, townhouses, and apartments. View Royal has a diverse population and a range of affordability levels, with some areas offering more budget-friendly housing options.
Sooke is a district located west of Victoria within Greater Victoria, British Columbia. It is known for its scenic beauty, coastal landscapes, and a more relaxed, rural lifestyle. While it has experienced growth in recent years, Sooke generally offers more affordable housing options compared to the city center. Here are some key points about Sooke:
Sooke provides a mix of housing options, including single-family homes, townhouses, duplexes, and some condominium complexes. The area offers a range of property sizes and styles, from modest residences to larger lots with spacious homes. Affordability: Sooke is often considered more affordable compared to Victoria and some of the surrounding districts.
The prices of homes in Sooke tend to be lower on average, making it an attractive location for individuals and families seeking more affordable housing options. Sooke is renowned for its natural beauty and outdoor recreational opportunities. The district is surrounded by stunning coastal landscapes, including beaches, parks, and hiking trails. The area's natural surroundings contribute to its charm and make it an appealing destination for outdoor enthusiasts.
Sooke offers a variety of amenities and services to its residents. The town center has a range of local shops, restaurants, and services, including grocery stores, pharmacies, and healthcare facilities. There are also recreational facilities, such as community centers, parks, and sports fields. Commute to Victoria: While Sooke is located west of Victoria, it is still within commuting distance to the city. The commute time to downtown Victoria can vary depending on traffic conditions, but it typically takes around 30-40 minutes by car. Public transportation options, such as bus services, also connect Sooke with Victoria.
Other viable options for more affordable homes are the communities of Cobble Hill, Mill Bay, Shawnigan Lake, and Port Renfrew