The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in June 2025 was $1,334,500. The benchmark value for the same home in June 2026 decreased by 0.6 per cent to $1,326,500, down from May’s value of $1,339,000. The MLS® HPI benchmark value for a condominium in the Victoria Core area in June 2025 was $559,900, while the benchmark value for the same condominium in June 2026 decreased by 1.9 per cent to $549,200, down from the May value of $551,400. It's a good time to be buying Ladies and Gentlemen. We can pull off a "Shared Home Ownership Deal" because there is usually time to put it together. If you want to chat about the market connect with me. 250-812-7277

Who wants to go see this Interesting Shared Home Ownership Opportunity Fairfield / Oak Bay Border Duplex.....see attachments below Here’s an interesting property that may be worth a closer look for anyone thinking creatively about shared home ownership or co-ownership closer to the Oak Bay Village. The Realtor’s comments describe it as a charming character duplex located near the Fairfield and Oak Bay borders. It is currently functioning as a duplex, with additional accommodation on the lower level, and could potentially be converted back to a single-family home if desired. The home offers many character features, including hardwood floors, a wood-burning fireplace, a wood stove, and a large covered back deck for outdoor living. The location is excellent — close to Oak Bay Avenue shops, schools, parks, shopping, and the Oak Bay Recreation Centre. A few quick thoughts from me:............................. I have not viewed the home yet, but at approximately 2,741 sq ft with four kitchens, there must be some very interesting possibilities here. Two of the kitchens should relate to the legal duplex use, and the additional accommodation may create flexibility. The opportunity I see is this: There may be a way to structure the home into two solid legal living units, which could make the cost per unit more reasonable by Victoria standards. For the right buyers, this could be an excellent candidate for shared ownership, multi-generational living, or a co-ownership arrangement where each party has their own private space. So if this gets your blood moving and your creative juices flowing, let me know. I’d be happy to arrange a viewing. Talk soon, David Hale PREC 250-812-7277

Here are the Realtor’s comments for 3803 Merriman Dr: Open House: Saturday, July 4th, 2:00–4:00 PM This home has had a significant price adjustment and may represent a very good opportunity in a desirable neighbourhood. It is likely best suited for a buyer who is prepared to update the home to their own standards. Built in 1955, this solid two-level home offers 3 spacious bedrooms on the main floor, along with a large kitchen, separate dining room, living room with wood-burning fireplace, hardwood floors, and a 4-piece bathroom. The lower level offers an unauthorized suite with 4 bedrooms, 1 bathroom, living/dining area, and kitchen. Each level has separate laundry. The home may appeal to multi-generational families, investors, or developers looking for a 0.25-acre RS-10 zoned lot in the sought-after Cedar Hill community. Additional features include a newer hot water tank, 200-amp electrical service, heat pump, and a beautiful backyard with grape vines, fig tree, greenhouse, full fencing, and a true garden oasis. The location is excellent — close to Braefoot Park, Cedar Hill Golf Course, walking trails, and convenient access to UVic. A few additional thoughts from me: This property has reportedly been operated as student-style accommodation for some time. I do not know the seller’s reason for selling, but the location is very strong, basically near the corner of Cedar Hill Cross Road and Merriman Drive. For anyone considering student housing or rental potential, the proximity to UVic is worth noting. It is approximately: 7 minutes by car to UVic 13 minutes by bike 22 minutes by bus 41 minutes walking Bedroom rentals in today’s market can often range somewhere around $850 to $1,000 per room, depending on condition, furnishings, lease structure, and overall setup. Any buyer would, of course, want to do their own due diligence regarding zoning, rental use, insurance, financing, and any applicable municipal requirements. If you or someone you know is interested in this type of property, I know of two homes that may be worth viewing, and I can likely arrange access on relatively short notice.

Thinking about Multi-Generational Living? Come and join us on a leisurely Sunday Afternoon Tour with food and refreshments along the way. Mill Bay & Shawnigan Lake OPEN HOUSE TOUR! Sunday, June 28th | 2:00–4:00 PM Tour 3 beautiful homes in one afternoon — from ocean-view Mill Bay living to private Shawnigan Lake acreages and flexible multi-generational properties. Start at either end of the tour: 532 Sentinel Dr in Mill Bay or 1753 Peerless Rd in Shawnigan Lake — then follow the route at your own pace. Charcuterie & refreshments served at the Feature Home: 1035 Briarwood Crescent - this is where David and Judy will be! Suggested Tour Route.....Starting in Mill Bay:532 Sentinel Dr → 1035 Briarwood Crescent → 1753 Peerless Rd Starting in Shawnigan Lake:1753 Peerless Rd → 1035 Briarwood Crescent → 532 Sentinel Dr 532 Sentinel Dr, Mill Bay MLS 1025451 A beautifully crafted custom home in Sentinel Ridge with impressive ocean and island views across Saanich Inlet. Designed for comfortable living and entertaining, this home offers bright open spaces, a thoughtful layout, and a highly desirable Mill Bay location close to beaches, trails, amenities, and the village centre. Feature Stop 1035 Briarwood Crescent, Mill Bay - David & Judy will be here! MLS 1032041 A rare country residence on 2.58 private acres, just minutes to Mill Bay Centre. With 8 bedrooms, 6 bathrooms, a self-contained 2-bedroom legal suite, oversized double garage, shop, wraparound veranda, duck pond, fruit trees, and beautiful outdoor spaces, this home is ideal for large families, multi-generational living, guests, or added income potential. Charcuterie & refreshments served here at Briarwood. (David's idea....... Split the property 25/75....The 2 bedroom suite over the garage comes with 1/2 the garage, and 1 acre to do what you want to, like garden or storage and is priced at $425,000....the gorgeous 6 bedroom 5 bathroom home would come with 1/2 the garage, and 1 1/2 acres for about $1,275,000.) See listing below.

Hello Everyone....again Levine and Derek have been very gracious in allowing us to "tag along" on their Open House Tour. It starts as follows below.....Saturday at 11:30... 3803 Merriman Dr 12:15... 2960 Donald St 1:00 ... 626 Constance Ave You are welcome to join in at any of the viewings, but remember that there is a specific viewing window, so you need to be on time. and the rule is that Levine and Derek would get first right of refusal should they choose to make an offer on one of the homes. Another thing to remember is that there may be partnership or investment opportunities that come out of these types of viewings, so remember to be open minded. Below are the listings and Floor Plans for each of the home we will view. Feel free to text me or call me at 250-812-7277 Thanks...David