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Building & Condo information

Valewood Rise

1071 Valewood Trail
Saanich East, V8X 5G5 SE0175 - SE Broadmead

  • Levels: 2
  • Suites: 11
  • Status: Completed
  • Built: 1992
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Strata Plan: VIS2448
  • Management company:  Confidential
  • Bldg#: 8247

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Building Info

Valewood Rise at 1071 Valewood Trail, Victoria, BC V8X 5G7, Canada, strata plan VIS2448.  A 2-level 11 units townhouse development was built in 1992.  Valewood Rise townhouse development located in the heart of Broadmead, views to Nature Park, Sooke Hills, western Valley, and views to Malahat.  Close to Claremont Secondary School, Little Jack Horner Child Centre, Rainbows and Dreams Preschool, Claremont Secondary School, Little Jack Horner Child Centre, Rainbows and Dreams Preschool.

Crossroads are Valewood Trail and Emily Carr Drive.  Maintenance fees include caretaker and water. The management company is Complete Asset.

Strata Sub Categories: Strata

Valewood Rise Technical Info

Building Name Valewood Rise
Address 1071 Valewood Trail
City Saanich East
Neighborhood SE Broadmead
Listing Price Range N/A
Floors 2
Units in Development: 4
Units in Strata:11
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1992
ManagementConfidential
Restrictions Details
Strata Plan VIS2448
Title to Land Frhld/strata

Valewood Rise MLS® Listings And/Or Area MLS® Listings

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Valewood Rise Maps (Google, Google Street View, Bing Aerial View, Area Condos, Walk Score)

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Other Buildings in Complex/Area

  1. A Woodcroft Grove - 1067 Valewood TRAIL - VIS2681
  2. B Woodcroft Grove - 1063 Valewood TRAIL - VIS2681
  3. C Woodcroft Grove - 1061 Valewood TRAIL - VIS2681
  4. D Greystone Estates - 4305 Maltwood LANE - VIS2855
  5. E Foxborourgh Hills - 4360 Emily Carr DR - VIS2041
  6. F Greystone Estates - 910 Maltwood TERR - VIS2855
  7. G Greystone Estates - 914 Maltwood TERR - VIS2855
  8. H Windemere Ridge - 4300 Stoneywood LANE - VIS2276
  9. I Crownwood Grove - 4341 Crownwood LANE - VIS2320
View All Buildings in Saanich East

Area Rentals From Craigslist

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Area Rentals From Padmapper

Victoria Real Estate Board Update

Slower start to spring does not signal lower prices for Victoria real estate market

 

 

May 1, 2018  A total of 774 properties sold in the Victoria Real Estate Board region this April, 12.5 per cent fewer than the 885  properties sold in April last year, but a 12.5 per cent increase from the month previous. The sales of condominiums were down 21.6 per cent from last year in April with 225 units sold. Single family homes were 8.1 per cent down from the year previous with 420 sold this April.

"We're now into the spring real estate market, which is traditionally the busiest time of the year for buying and selling homes," says Victoria Real Estate Board President Kyle Kerr. "Last year, the months of May and June were the busiest, so we may see this pattern again but on a slightly smaller scale than last year, since our sales for the year thus far are down about 18 per cent when compared to 2017. Although January to March was quite far behind last year's pace, we may see that margin get smaller as we progress through the spring months and people adjust to the new mortgage qualifying rules."

There were a total of 2,002 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2018, an increase of 13.4 per cent compared to the month of March and 18.5 per cent more than the 1,690 active listings for sale at the end of April 2017.

"We continue to see low inventory in our market, and good homes in desirable locations are still seeing multiple bids," adds President Kerr. "One interesting development we are tracking is the increase of prices in a market of fewer sales. Part of the reason for this is that there is strong pressure on lower-priced properties. After the new mortgage rule changes this year, many consumers have seen a reduction in their buying power, so more are competing for lower-priced properties and in multiple offer situations, pricing is pushed up. Our area just doesn't have the supply or mix of homes needed to meet the demand. We are working with government at all levels to identify ways to meet this demand in the CRD."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2017 was $800,100, while the benchmark value for the same home in April 2018 increased by 8.3 per cent to $866,700, higher than March's value of $859,400. The MLS® HPI benchmark value for a condominium in the Victoria Core area in April 2017 was $418,200, while the benchmark value for the same condominium in April 2018 increased by 18.4 per cent to $495,100, which is higher than March's value of $490,000.

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,361 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

View our press release and summary here.
View our complete statistical package here.

 

 

Frank Rudge October 2017 VREB Report

Frank Rudge Victoria Market Report for May 2017

Sales were down 22% for may over last year. Listings are up 12% from last year.
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