Buy A Home In Victoria
Located on the southern most tip of Vancouver Island, Victoria enjoys 8 months of frost free weather, low humidity and constant off-shore breezes that give the city a moderate and pleasant climate almost all year around. People looking to relocate to Victoria are guaranteed to appreciate the town's friendliness, its high standard of living and its unbeatable environment.
Key Features of Victoria Real Estate
- was chosen as one of the best cities in Canada for environment and ambience
- short winters
- high standard of living
- innovative transit system
- extensive network of bike paths
- abundance of outdoor activities
- hot real estate market
Demographics of Victoria
With the best environment in Canada, Victoria now has more and more people relocating there. Home to about 325 000 people, Victoria residents registered the greatest satisfaction with their city in a cross-Canada survey. This high level of resident satisfaction is due in large part to the inclusive and friendly atmosphere fostered by the city's leaders.
Lifestyle In Victoria
With an average of 2183 hours of sunshine a year it is no surprise that Victoria, in a Conde Nast survey, was chosen as one of the best cities in Canada for environment and ambience. Visitors to Victoria will always find something to do as it is the ideal city for both leisure and active travellers. There are plenty of outdoor activities to keep sports enthusiasts happy including walking, hiking, biking, golfing, sailing, fishing, canoeing and diving. Those who enjoy nature will appreciate the many whale watching opportunities available and the numerous nature trails and paths to explore.
Economy of Victoria
There is steady business development and strong economic investment that translates into a high standard of living. Affectionately called the "Garden City" Victoria is also home to dozens of exquisite parks and gardens and also proudly displays its rich cultural heritage and strong First Nations history in the many heritage buildings and totem poles found in and around the city.
Transportation in Victoria
Getting to Victoria can be done either by air or ferry. Several airlines service the island while the BC Ferry is the main water link. Once on the island, there getting around is rather fun and easy. You can either rent a car, bike or walk. An extensive network of bike and walking paths makes it easy for those who prefer to take in the sights at their own pace.
History of Victoria
Begun as a trading post for the Hudson Bay's Company and named for Queen Victoria, the town enjoys the distinction of being western Canada's oldest city. Victoria officially became a city in 1862 and saw a great boom during the gold rush as fortune seekers from all over the world passed through its streets on their passage to the gold mines of the BC interior. It remained the largest city in British Columbia for much of the nineteenth century until the title was usurped by Vancouver.
Property Market - Buy a house in Victoria
Much like Vancouver, Victoria's property market is red hot and has been for several years already. Despite constantly rising prices there does not seem to be any slowdown predicted for Victoria's property market. Victoria's real estate sector is thriving for much the same reason as those in Vancouver and other British Columbia cities - all the available land has already been developed with no hope of further expansion. Hence, the existing land is extremely valuable. People who are looking to buy a home to live or buy a house for sale in Victoria are best served by having solid representation with a reliable real estate broker in Canada; someone who can help them negotiate the best deal possible in this tight and competitive market.
Average House Price: $568, 710 (April 2007)
