Market Victoria by Mike Vanderkruyk

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Market Victoria by Mike Vanderkruyk Mike Vanderkruyk *PREC
Royal Lepage Coast Capital Realty
108-1841 Oak Bay Ave, Victoria BC, V8R 1C4
[email protected] / www.marketvictoria.com

Mike prides himself on building proper client relationships that will last many years, in order to do so he employs a policy foreign to many - he speaks his mind and tells it like it is. Residential property purchase and sales are his main focus, but he is experienced in commercial property sales, leases and small business sales. With ten years worth of Real Estate experience Mike has the knowledge needed to ensure that the sale or purchase of his clients biggest asset is done properly. Check out more on Mike at www.marketvictoria.com

10/12/2026

Canada Home Prices Hit Their Lowest Since 2023

10/11/2026

Happy Thanksgiving

10/10/2026

OPEN HOUSE Sunday September 13, 11am-1pm. If you're stepping onto the property ladder, this one checks the boxes that matter. It's move-in ready and vacant, so there's no waiting on a chain of sales to close. The open floor plan and top-floor position give it a bigger feel than the layout suggests, and the den gives you flexible bonus space most starter homes don't offer — use it as an office, a guest room, or simply storage while you settle in. The kitchen's stainless steel appliances and eating bar mean you're not budgeting for upgrades right away, and in-suite laundry plus a storage locker solve two of the biggest condo-living headaches from day one. Covered parking and an on-site fitness room round out the low-maintenance lifestyle. And with Belmont Market and Westshore Town Centre both within walking distance, daily errands won't require a car. This is an approachable, turnkey opportunity in one of the region's most active growth areas. Book your showing today. (id:26452)

Gen Z buyers lead every generation on affordability trade-offsIt’s interesting to see Gen Z leading the charge when it c...
10/10/2026

Gen Z buyers lead every generation on affordability trade-offs
It’s interesting to see Gen Z leading the charge when it comes to affordability trade-offs in real estate. This generation is showing an impressive willingness to trim their budgets and opt for smaller homes if it means getting a foot on the property ladder. Canadians, in particular, are the most open to downsizing, while British buyers are holding their ground on space. Over nearly two decades helping clients navigate Victoria’s dynamic market, I’ve seen how priorities shift with each generation. Today, flexibility and realistic expectations are key for younger buyers, and a keen understanding of what to look for—whether it’s a compact condo or a starter home—can make all the difference. My experience building homes in the Cowichan Valley gave me a unique perspective that I’m always happy to share with clients weighing their options. Every generation faces different challenges, but a thoughtful approach to trade-offs is essential for making smart, lasting decisions in real estate.


https://www.roomvu.com/agent-news/mike-vanderkruyk/2092125-Gen-Z-buyers-lead-every-generation-on-affordability-trade-of

10/07/2026

OPEN HOUSE Sunday Spetmeber 27, 1-3pm. Set at the end of a quiet cul-de-sac in Cordova Bay, this residence has been extensively refreshed with a level of finish that elevates everyday living. The kitchen has been reimagined with quartz countertops and newer appliances, while all three bathrooms have been fully rejuvenated to match. Newer hardwood flooring and carpeting run throughout the 2,515-square-foot layout, complemented by custom closet organizers and updated light fixtures and plumbing — the kind of details that separate a truly move-in-ready home from one that only appears that way. The full height unfinished basement adds additional living and ample storage space. Outside, a private, serene backyard offers a secluded setting rarely found this close to the water. Moments from Mattick's Farm, Cordova Bay Beach, Cordova Bay Golf Course, and Elk Lake, this is coastal living with the conveniences already in place. Arrange your private viewing today. (id:26452)

10/06/2026

Home sales remain low but recovering slowly, says BCREA
The latest BCREA numbers show that residential home sales across BC dipped 4.8% in August, with total sales at $5.2 billion. Average prices eased down by 1% to $924,826. The sales volume has dropped 5.5%, with 46,069 homes trading hands, while Greater Vancouver experienced a 1.3% price drop and a 3.6% decrease in sales.

For those navigating the Victoria market, it’s important to keep perspective on these shifts. Over my nearly two decades as a Realtor® here, I’ve seen the market cycle through its ups and downs—each phase offering new opportunities and challenges. With experience in every corner of residential real estate, from houses to condos and everything in between, I know how to spot value, assess risk, and guide clients through evolving conditions. As always, understanding the local nuances makes all the difference in a market that’s steadily finding its footing.

10/05/2026

Victoria - Most Affordable Homes of September 2026
Curious about where to find value in Victoria’s market this September? Here’s a roundup of the most affordable homes currently available, with prices starting at $110,000 and topping out at $249,000. Whether you’re a first-time buyer, investor, or looking to downsize, this list gives a sense of what’s out there:

1. Listing 1046248 — $110,000
2. Listing 1044381 — $114,888
3. Listing 1049910 — $149,000
4. Listing 1050525 — $149,999
5. Listing 1044484 — $165,000
6. Listing 1046621 — $175,000
7. Listing 1040005 — $199,900
8. Listing 1048574 — $204,900
9. Listing 1042780 — $210,000
10. Listing 1047398 — $215,000
11. Listing 1051126 — $215,000
12. Listing 1046804 — $229,000
13. Listing 1051157 — $229,000
14. Listing 1050324 — $239,000
15. Listing 1047586 — $249,000

After nearly two decades in residential real estate here in Victoria, I’ve seen that opportunity can appear at every price point—and knowing how homes are built and what to look for can make all the difference. If you’re exploring options in this range, having a clear picture of what’s available is a great place to start.

B.C. Home Market Shows Signs of Gradual Recovery in AugustAugust brought another dip in B.C. home sales—down 4.7% from l...
10/03/2026

B.C. Home Market Shows Signs of Gradual Recovery in August
August brought another dip in B.C. home sales—down 4.7% from last year, with 5,653 properties changing hands and average prices just under $925,000. While the market is showing signs of gradual recovery, activity remains below long-term norms. It’s interesting to see how different regions are faring: Okanagan sales saw a notable 22% drop, while South Peace River bucked the trend with an almost 35% increase.

After nearly two decades helping clients navigate Victoria’s real estate landscape, I’ve seen markets shift and recover in all sorts of ways. These numbers remind me that every neighbourhood and property type has its own story—especially here in Victoria, where local trends can differ from the provincial picture. Understanding what’s happening behind the headlines is key to making informed decisions, whether you’re buying, selling, or simply curious about your home’s value.


https://www.roomvu.com/agent-news/mike-vanderkruyk/2063581-B.C.-Home-Market-Shows-Signs-of-Gradual-Recovery-in-August

Address

108-1841 Oak Bay Avenue
Victoria, BC
V8R1C4

Telephone

+12505881979

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