Mikaila Almond Victoria Realtor

12/21/2023

Happy Holidays! Wishing you a magical Christmas with your family and friends, and a New Year filled with happiness ✨

See below for my full holiday market update!

06/30/2023

NEW LISTING ‼️
315-290 Island Highway
$475,000
2 Bedrooms
2 Bathrooms
954 Finished SqFt

Welcome to this top floor corner suite with South West exposure offering an abundance of natural light! ☀️

With its spacious balcony, it is the perfect setting to savour your morning coffee while enjoying a peaceful outlook. The bright and open living space presents numerous possibilities, featuring two bedrooms & two bathrooms thoughtfully positioned on either side. There is a laundry room w/ample storage, & a spacious kitchen provides the ideal space for cooking. Your suite comes complete with parking and a separate storage locker, plus pets are welcome! The building offers an array of amenities to enhance this vibrant 55+ community in the heart of View Royal. A large lobby & activities room welcomes you & your neighbours, serving as a gathering space to socialize. Outside, a common courtyard awaits, complete with a BBQ area. Nestled within the growing community of View Royal, this condo provides easy access to the ocean and nearby trails, and is conveniently located on main bus routes! 🏘

For more information see the link below or contact me anytime:
📲 778-679-1028
📩 [email protected]

VR View Royal Condo for sale: Welcome to this top floor corner suite with South West exposure offering an abundance of natural light. With its spacious balcony, it is the perfect setting to savour your morning coffee while enjoying a peaceful outl...

03/08/2023

https://mailchi.mp/c591f3f9f367/spring-market-update?e=f992e98ab0

Greater Victoria Spring Market Update 🌷 We are all getting excited for longer days and more sunshine!

"A grand total of 6,804 properties sold over the course of 2022, 32.3% fewer than the 10,052 that sold in 2021. 2022 sales came closest to 2014's sales year when 6,698 properties were sold.

"Last month we talked about the optimism building in the local market that our REALTORS® saw, and now we can see it in the market statistics," said Victoria Real Estate Board Chair Graden Sol. "We can confirm the return of buyer confidence by the increase in sales through the late winter. The market is seeing some positive headwinds as we move into springtime, which is traditionally the busiest market for home sales. Inventory levels are starting to increase, a welcome trend when compared to the record lows of last year. We're also seeing a stabilization at some price points and properties that are priced in accordance with current market conditions are selling at a good pace."

"..The Victoria City Council voting to move forward with their missing middle housing program is a great step in the right direction when we are considering how low inventory has impacted the attainability of housing in the CRD," adds Sol. "But this is one step in a marathon of work to be done to increase housing opportunities to meet our community's short- and long-term needs. Each municipality must keep their focus on adding gentle density where they can so that we do not face another swift increase in values when our market demand increases again."

There were 1,809 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February 2023, an increase of 4% compared to the previous month of January and a 113.1% increase from the 849 active listings for sale at the end of February 2022."

10/07/2022

https://mailchi.mp/a0a1643ff966/fall-market-update?e=f992e98ab0

Happy Thanksgiving 🦃 Enjoy time with your friends and family and this beautiful Fall weather 💛🧡 See my Fall Market Update for details on the current housing market!

"A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1% fewer than the 761 properties sold in September 2021 and a 14.2% decrease from August 2022. Sales of condominiums were down 58.8% from September 2021 with 126 units sold. Sales of single family homes decreased 33.2% from September 2021 with 221 sold.

"September heralds the start of the fall season, which traditionally brings a more active market than what we see in the summer months. October is generally the peak of the fall and winter market," says Victoria Real Estate Board President Karen Dinnie-Smyth. "This year sales have dropped month over month since May and we saw a reluctant September with some of the lowest sales numbers for that month in decades. While the rate of decrease has slowed due in part to concerns about rising interest rates and inflation, this level of activity may not necessarily reflect the actual demand that exists in the marketplace. While overall activity is below historical norms, well-priced properties are still receiving plenty of attention. Multiple offers on these homes are still quite common, which may not be reflected in the overall statistics, but is noticeable if you are actively buying and selling."...

07/29/2022

My Summer Market Update is now available! Enjoy a beautiful long weekend in the sunshine ☀️

https://mailchi.mp/9318f524afa1/summer-market-update

"Last week the provincial government announced their Homebuyer Protection Plan (HPP). The homebuyer protection period will come into effect on Jan. 1, 2023 and is a mandatory three-day rescission period for buyers purchasing a home. It includes a rescission (cancellation) fee of 0.25% of the purchase price, or $250 for every $100,000, for those who choose to back out of a deal...

The Speculation and Vacancy Tax has been extended to additional regions, the tax will now be implemented in the municipalities of North Cowichan, Duncan, Ladysmith, Lake Cowichan, Lions Bay and Squamish."

07/06/2022

NEW LISTING South Oak Bay Waterfront‼️
📍202-1440 Beach Drive
$889,000
1 Bedroom + Large Den
2 Bathrooms
1,442 Finished SqFt

Idyllic waterfront in beautiful South Oak Bay, set on the second floor you have over 1,400 square feet of living space with unobstructed Ocean views 🌊! The suite is overlooking the Oak Bay Marina ️⚓️ and has sweeping views across to the San Juan Islands and Mt. Baker 🌅, which you can enjoy all day from your large deck. As you walk through the doors you are greeted by a large open foyer giving you a sneak peek at your outstanding ocean view from the bedroom and main living area. The suite features 1 bedroom with a sizeable den big enough to be used as a second bedroom, 2 bathrooms, in-suite laundry, plenty of in-unit storage and a laundry room. The suite has been updated over the years and is great for entertaining with ample living space. Underground parking & a separate storage locker also included. Victoria Golf Club, the Oak Bay Beach Hotel, the Oak Bay Marina & Oak Bay Village are all just steps away. There are plenty of cafes, beaches, parks & kilometers of walking paths at your doorstep! 🏘

For more information see the link below or contact me anytime: 📲 778-679-1028
📩 [email protected]

OB South Oak Bay Condo for sale: Idyllic waterfront in beautiful South Oak Bay, set on the second floor you have over 1,400 square feet of living space with unobstructed Ocean views! The suite is overlooking the Oak Bay Marina and has sweeping vie...

04/29/2022

SOLD‼️

Congratulations to my clients on the purchase of this beautiful Fairfield condo just a couple blocks from Cook Street Village! The suite has been renovated top to bottom with a West facing balcony that provides tons of natural light. Enjoy your new neighbourhood and home, Congratulations 🥂

03/21/2022

"It was heartening this month to see some more listings come to market in February," said 2022 Victoria Real Estate Board President Karen Dinnie-Smyth. "However, inventory levels remain at record lows and without a strong government focus on increasing supply, buyers will continue to face escalating prices and difficult market conditions."

"We have asked the government for strong solutions to create supply to bring our market back into balance," adds President Dinnie-Smyth. "We need incentives for gentle densification and the removal of municipal barriers to development."

For the full Spring Market Update see below:

https://mailchi.mp/77bbbd28756c/spring-market-update

03/17/2022

NEW LISTING in Oak Bay Henderson‼️

📍 2033 Carrick Street
$1,059,000
2 Bedrooms
2 Bathrooms
1,055 Finished SqFt
6,600 SqFt Lot

Welcome to the "Cottage", offering a great opportunity to live in beautiful Oak Bay on a quiet street with South exposure! The large, flat and fully fenced South facing yard allows you to enjoy all day sun ☀️ with mature fruit trees 🍐 and an expansive garden 🌻. The home also features a large detached garage, sun room, South facing deck and patio. As you walk in you are greeted by original hardwood floors and charming character, the cottage has 2 bedrooms and 2 bathrooms with plenty of storage and an open kitchen/dining area. Walking distance to great schools, parks, Willows Beach and all amenities, you are also on main bus routes to UVic and Downtown. The property offers one level living or a great opportunity for redevelopment with easy access to everything you need 🏡

For more information see the link below or contact me anytime:
📲778-679-1028
📧[email protected]

OB Henderson House for sale: Welcome to the "Cottage", offering a great opportunity to live in beautiful Oak Bay on a quiet street with South exposure! The large, flat and fully fenced South facing yard allows you to enjoy all day sun, with mature...