Jackie Adkins - REALTOR : Latest Blog Posts

New property listed in SW Tillicum, Saanich West

Wed, 23 May 2012 04:00:46 GMT

I have listed a new property at 573 Crossandra CRES in VICTORIA.

This townhome is a rare find! Where will you find a home at this price with so many features! The end unit townhome has an open main floor with large windows to let the light in, an updated kitchen and warm oak hardwood through the living and dining areas. Upstairs you will find 2 good sized bedrooms and a full bathroom. The L - shaped rec room on the lower level could easily be divided to make a 3rd bedroom, or an office and a family room. The real treasure is the private, sunny patio off the living room with greenspace beyond!The complex has an outdoor pool, basketball court, daycare room and more! Strata fees are low (195/mo) and pets are welcome! Don't wait on this one!

Open House. Open House on Saturday, May 19, 2012 14:00 - 16:00 Unique, custom home with gorgeous views~!

Fri, 18 May 2012 04:01:16 GMT

Please visit our Open House at 891 Royal Oak AVE in VICTORIA.

See details here

Open House on Saturday, May 19, 2012 14:00 - 16:00 Unique, custom home with gorgeous views~!

Open Sat May 19 2-4. Dont be misled by the address! This stunning Broadmead executive home is on Royal Oak Ave - much quieter than Royal Oak Dr! This entry level home with full walkout basement has 3075 sq ft of open living space with breathtaking views from the entire back of the home! Floor to ceiling windows & 1360 sq ft of decks take full advantage of the views over Rithets Bog. This updated, contemporary home has 3 BRs, 3 newer baths, beautiful hardwood floors through the kitchen & main floor family room, floor to ceiling stone fireplace in the living room, main floor Master BR with spa like ensuite. Down you'll find a large Media Room, Wine Cellar, BR, Bath, Double Garage & storage. Easy care yard. Close to Broadmead Village.

I have sold a property at 2881 Phyllis ST in VICTORIA

Thu, 03 May 2012 04:00:46 GMT

I have sold a property at 2881 Phyllis ST in VICTORIA.

See details here

Beautifully renovated 10 Mile Point home with over 4600 sq ft of fine living space on a private .40 acre lot backing onto parkland! This home has been extensively remodeled creating an elegant home that is beautifully finished. The flexible floor plan features 6 Brs & 5 Baths with 2 main floor master BR options & a separate 2 Bdrm suite with a new bathroom. Stunning new cedar entrance with custom fir doors & lighting, gorgeous hardwood & Italian tile floors, newer gourmet kitchen with adjoining family rm, elegant LR & DR, massive media room & more! The expansive south west facing fenced backyard is very private, with 896 sq ft of terraced decks & new landscaping; perfect for outdoor entertaining! Park, trails & beach access just steps away!

New property listed in SE Gordon Head, Saanich East

Sun, 29 Apr 2012 04:00:48 GMT

I have listed a new property at 1683 Cedarwood CLOSE in VICTORIA.

See details here

Ideal Gordon Head location on a quiet cul-de-sac within easy walking distance to Tuscany Village, UVIC, University Heights Shopping Mall & public transit! This tidy '60's home has been lovingly maintained by the original owners. Featuring 3 bedrooms on the main with a sizable, bright living room, adjoining dining room that opens on to a large deck overlooking the private rear yard. The kitchen is bright & cheery with oak cabinetry. Main floor bath with dual sinks. Beautiful oak hardwood floors have been hidden under the carpets for years! Downstairs is room for the family or an easy suite conversion! Large Rec room with adjoining bar area with sink, 3 piece bathroom, bedroom, laundry and separate entrance. Newer vinyl windows & good roof!

I have sold a property at 105 1505 Church AVE in VICTORIA

Sat, 28 Apr 2012 04:00:47 GMT

I have sold a property at 105 1505 Church AVE in VICTORIA.

See details here

Nicely updated unit in quiet, well managed, 55+ building close to everything! This beautifully decorated one bedroom condo features newer windows, carpets, laminate, counter tops, light fixtures, paint, in-suite laundry and much more. Bright, private, sunny south facing garden unit, perfect for a small pet with closed in sunroom plus access to green space. Building includes wonderful facilities such as an exercise room, dining/games room, book exchange lounge, and additional storage. Convenient to shops, restaurants, library, and bus transportation. Low monthly strata fee of $260 includes cable TV! Secure parking can be rented for approx $29.00 per month. Building has been remediated with warranty. Nothing to do but move in!

Open House. Open House on Saturday, April 28, 2012 11:00 - 13:00

Tue, 24 Apr 2012 04:01:04 GMT

Please visit our Open House at 302 9945 Fifth ST in SIDNEY.

See details here

Open House on Saturday, April 28, 2012 11:00 - 13:00

Bright TOP FLOOR, 2 Bedroom, 2 Bath Sidney condo close to all ammenites! This unit is in great condition, freshly painted & move in ready! One of the best floor plans available. Spacious living room has a cozy fireplace, with sliding doors opening onto the deck & skylights in 3 rooms allowing all the natural light to come in. The dining room adjoins the living area for an open, entertaining space. Full kitchen with dishwasher has a breakfast nook large enough for your kitchen table with a view out the window. Two large bedrooms; the master with an ensuite bath and the other BR directly across from the main bath. There is insuite laundry for your convenience & this is one of the few units with covered parking! Pet friendly too!

New property listed in SE Broadmead, Saanich East

Fri, 06 Apr 2012 04:00:35 GMT

I have listed a new property at 891 Royal Oak AVE in VICTORIA.

See details here

Dont be mislead by the address! This stunning Broadmead executive home is on Royal Oak Ave - much quieter than Royal Oak Dr! This entry level home with full walkout basement has 3075 sq ft of open living space with breathtaking views from the entire back of the home! Floor to ceiling windows & 1360 sq ft of decks take full advantage of the views over Rithets Bog. This updated, contemporary home has 3 BRs, 3 newer baths, beautiful hardwood floors through the kitchen & main floor family room, floor to ceiling stone fireplace in the living room, main floor Master BR with sumptuous ensuite. Downstairs you'll find a large Media Room, Wine Cellar, BR, Bath, Double Garage & storage. Easy care yard. Close to Broadmead Village. This is a must see!

Open House. Open House on Saturday, April 7, 2012 14:00 - 16:00 Upper part of the house only. Suite only on second showings. Thanks

Tue, 03 Apr 2012 04:00:35 GMT

Please visit our Open House at 1619 Kenmore RD in VICTORIA.

See details here

Open House on Saturday, April 7, 2012 14:00 - 16:00 Upper part of the house only. Suite only on second showings. Thanks

Open Sat, Apr 7, 2-4.Incredible opportunitiy! Priced well below 2012 assessment of $606K! This 4 Bedrm/2 bath home sits on a HUGE .25 acre lot on a great street close to all levels of school & transportation. Upstairs is a cozy living dining room combination with hardwood floors & woodburning fireplace. Updated kitchen opens to large deck overlooking flat, fenced, private yard. 3 BRs & a bathroom complete the upstairs. Downstairs is a fully self contained studio or one BR suite with its own entrance & an additional room (could be rec rm/BR). Upgrades include newer vinyl windows, modern kitchen, new exterior paint, 9 year old roof, 4 year old hot water tank, new tile & laminate floor in suite. A little elbow grease will make this home shine!

Open House. Open House on Saturday, April 7, 2012 11:00 - 13:00

Tue, 03 Apr 2012 04:00:35 GMT

Please visit our Open House at 302 9945 Fifth ST in SIDNEY.

See details here

Open House on Saturday, April 7, 2012 11:00 - 13:00

Open Sat Apr 7, 11-1pm.Bright TOP FLOOR, 2 Bedroom, 2 Bath Sidney condo close to all ammenites! This unit is in great condition, freshly painted & move in ready! One of the best floor plans available. Spacious living room has a cozy fireplace, with sliding doors opening onto the deck & skylights that allow all the natural light to come in. The dining room adjoins the living area for an open, entertaining space. Full kitchen with dishwasher has a breakfast nook large enough for your kitchen table with a view out the window. Two large bedrooms; the master with an ensuite bath and the other BR directly across from the main bath. There is insuite laundry for your convenience & this is one of the few units with covered parking! Pet friendly too!

New property listed in SE Gordon Head, Saanich East

Wed, 29 Feb 2012 04:00:41 GMT

I have listed a new property at 1619 Kenmore RD in VICTORIA.

See details here

Incredible opportunity! Priced well below 2012 assessment of $606K! This 4 Bedroom/2 bath home sits on a HUGE .25 acre lot on a great street close to all levels of school & transportation. Upstairs is a cozy living dining room combination with hardwood floors & woodburning fireplace. Updated kitchen opens to large deck overlooking flat, fenced, private yard. 3 BRs & a bathroom complete the upstairs. Downstairs is a fully self contained studio or one BR suite with its own entrance & an additional room that could be a family room or extra BR. Upgrades include newer vinyl windows, modern kitchen, new exterior paint, 9 year old roof, 4 year old hot water tank, new tile & laminate floor in suite. A little elbow grease will make this home shine!

New property listed in SI Sidney, Sidney

Fri, 24 Feb 2012 04:00:44 GMT

I have listed a new property at 302 9945 Fifth ST in SIDNEY.

See details here

Bright TOP FLOOR, 2 Bedroom, 2 Bath condo close to all the ammenites Sidney has to offer! This unit is in great condition, freshly painted & move in ready! One of the best floor plans available. Spacious living room has a cozy fireplace, with sliding doors opening onto the deck & skylights that allow all the natural light to come in. The dining room adjoins the living area for an open, entertaining space. Full kitchen with dishwasher has a breakfast nook large enough for your kitchen table with a view out the window. Two large bedrooms; the master with an ensuite bathroom and the other directly across from the main bath. There is insuite laundry for your convenience & this is one of the few units with covered parking! Pet friendly too!

Open House. Open House on Sunday, February 12, 2012 14:00 - 16:00

Sun, 12 Feb 2012 04:00:42 GMT

Please visit our Open House at 105 1505 Church AVE in VICTORIA.

See details here

Open House on Sunday, February 12, 2012 14:00 - 16:00

Open House. Open House on Saturday, February 11, 2012 14:00 - 16:00

Fri, 10 Feb 2012 04:00:40 GMT

Please visit our Open House at 1650 Barksdale DR in VICTORIA.

See details here

Open House on Saturday, February 11, 2012 14:00 - 16:00

Fantastic 5 BR 3Bath family home with suite on a large .20 acre lot on one of the best streets in Gordon Head! This home has been lovingly maintained & has a very versatile floor plan. As soon as you enter the main living area you will be taken by the views & the natural light present in the living, dining & kitchen areas. Off the kitchen is a beautiful covered deck to extend your living space outdoors. 3 Bedrooms including the Master with a 2 pc ensuite & another full bath complete the upper level. Downstairs you'll find a spacious family room, 4th bedroom & a new one bedroom suite (or make it a 2BR) with its own entry. Private yard, double garage and cedar storage shed. This home is move in ready yet has huge potential for the future!

Open House. Open House on Saturday, February 11, 2012 14:00 - 16:00 Open Sat & Sun 2-4pm

Fri, 10 Feb 2012 04:00:40 GMT

Please visit our Open House at 105 1505 Church AVE in VICTORIA.

See details here

Open House on Saturday, February 11, 2012 14:00 - 16:00 Open Sat & Sun 2-4pm

New property listed in SE Cedar Hill, Saanich East

Tue, 31 Jan 2012 04:00:56 GMT

I have listed a new property at 105 1505 Church AVE in VICTORIA.

See details here

New property listed in SE Gordon Head, Saanich East

Sat, 21 Jan 2012 04:02:07 GMT

I have listed a new property at 1650 Barksdale DR in VICTORIA.

See details here

New property listed in SE Ten Mile Point, Saanich East

Fri, 20 Jan 2012 04:03:20 GMT

I have listed a new property at 2881 Phyllis ST in VICTORIA.

See details here

I have sold a property at 741 203 Kimta RD in VICTORIA

Fri, 06 Jan 2012 04:03:04 GMT

I have sold a property at 741 203 Kimta RD in VICTORIA.

See details here

Luxury living on Victoria's Inner Harbour- Priced to SELL!! Enjoy the ocean and mountain views from this tastefully decorated, gently lived in 2 bedroom, 2 bathroom sub-penthouse unit at Ocean Park Towers. With over 1400 sq. ft of living space (measured by Homelands) and an open floor plan, this is a very functional, inviting space. A perfect location; just a short stroll along the West Song Walkway to downtown Victoria for dining, shopping, theatre and more! The building is well run with an enormous contingency fund and has a guest suite for your visitors, as well as bike & kayak storage, separate storage locker, a workshop and secure underground parking. This is as good as it gets!

Victoria Housing Market safe from Bubble says Real Estate Board

Tue, 27 Dec 2011 19:46:00 GMT

Victoria safe from 'bubble,' real estate board says

Merrill Lynch report warns national housing market 10% overvalued

By Carla Wilson, timescolonist.comDecember 20, 2011

Timescolonist.com

The capital region is largely insulated from economic factors affecting housing in other parts of the country, says the head of the Victoria Real Estate Board, responding to a warning from economists that home prices are showing signs of a "classic bubble."

"The important thing to remember is that real estate is local," board president Dennis Fimrite said Monday. Not only has B.C.'s economy proven stronger than those elsewhere in Canada, the local market is bolstered by the limited amount of land for construction.

"If you look specifically at Victoria, we haven't seen any slowing of the economy here, although there's a little bit of government downsizing. There are still developers who are breaking ground on new projects."

Victoria's economy is protected because this is a retirement town, a government centre with a strong high-tech sector and an attractive place to live, he said.

A new report from Bank of America Merrill Lynch economists Ryan Bohren and Sheryl King said that in contrast to the U.S., Canadian home prices set new highs this year and are "now showing the signs of a classic bubble.

The report estimates the housing market nationwide is 10 per cent overvalued, adding the number would be higher if mortgage rates weren't at record lows. "Under more normalized interest rates, home prices would actually look 25 per cent over-valued based on current prices."

Although Canada is somewhat shielded from the fallout of Europe's debt crisis, it is not impregnable, they said. The housing market is one of the most vulnerable sectors in a weakening economic environment as Canadians head into 2012 holding record debt and the unemployment rate shows potential to rise.

Bohren and King expect housing prices will decrease by about five per cent as demand slows in the first half of next year, with prices flattening by the end of 2012 as economic activity picks up.

However, a grimmer scenario could see home prices slide by 10 per cent if unemployment rises above eight per cent and the S&P/TSX falls below 10,000, the report said.

Greater Victoria's employment rate of 6.1 per cent is better than that for Canada as a whole, at 7.4 per cent.

Last month, a total of 482 properties sold through the Victoria Real Estate Board's multiple listing service. The average price for a single-family house was $592,034 and the median was lower at $530,000. The average price of a condominium was $320,558 and the median was $296,000.

Casey Edge, executive officer with the Canadian Homebuilders Association's Victoria office, noted that Bohren and King singled out the condominium market as being vulnerable, specifically mentioning Toronto. "But if you look at B.C.'s overall housing starts for the year, condos are also driving the B.C. numbers, mostly coming from the Lower Mainland.

Single-family housing starts in most B.C. communities, including Vancouver, have seensignificantdeclines this year, said Edge, blaming the province's harmonized sales tax and transition back to the provincial sales tax. "As a result, single-family-housing starts are the lowest in 10 years."

By the end of the year, Edge expects between 616 and 626 new single-family homes will have been built in 2011 in Greater Victoria. Previously, the lowest number of starts was 629 in 2001, followed by 635 during the 2008-2009 global meltdown.

"The silver lining in this very dark cloud is a buyer's market has emerged," Edge said.

cjwilson@timescolonist.com

Last month, the average price of a condominium in the region was $320,558.

Photograph by: ADRIAN LAM, Timescolonist.com

BC Home prices up 11.9% over 2010

Wed, 14 Dec 2011 13:59:00 GMT

Vancouver, BC – December 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential unit sales in the province remained relatively unchanged in November compared to the same month last year. A total of 5,640 units were sold last month compared to 5,647 units in November 2010. The average MLS® residential price was up 1.1 per cent to $529,140 in November compared to the same month last year.

"BC home sales continued to gain ground in November,” said Cameron Muir, BCREA Chief Economist. “After waning during the first half of the year, consumer demand has steadily increased since the summer months, bringing home sales within seven units of the November 2010 level."

"Low mortgage interest rates remain a key driver in the housing market, helping to maintain affordability and purchasing power,” added Muir.

Year-to-date, BC residential sales dollar volume increased 15.5 per cent to $41 billion, compared to the same period last year. Residential unit sales increased 3.2 per cent to 72,632 units, while the average MLS® residential price rose 11.9 per cent to $563,991 over the same period.

For more information, please contact:

Cameron Muir	Damian Stathonikos
Chief Economist	Director of Communications and Public Affairs
Direct: 604.742.2780	Direct: 604.742.2793
Mobile: 778.229.1884	Mobile: 778.990.1320
Email: cmuir@bcrea.bc.ca	Email: dstathonikos@bcrea.bc.ca

BCREA represents 11 member real estate boards and their approximately 18,000 REALTORS® on all provincial issues, providing an extensive communications network, standard forms, economic research and analysis, government relations, applied practice courses and continuing professional education (cpe).

To demonstrate the profession's commitment to improving Quality of Life in BC communities, BCREA supports policies that encourage economic vitality, provide housing opportunities, respect the environment and build communities with good schools and safe neighbourhoods.

For detailed statistical information, contact your local real estate board. MLS® is a cooperative marketing system used only by Canada's real estate boards to ensure maximum exposure of properties listed for sale.