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The Victoria MarketVictoria Is UniqueSurrounded by spectacular ocean, mountain and forest views, Victoria is one of the most beautiful cities in the world. It has a large variety of housing styles, from English Tudor to contemporary West coast waterfront luxury homes with panoramic ocean views in Oak Bay, Ten Mile Point, Cordova Bay and many other areas.
Victoria Has Prices For EveryonePrices range from $70,000 for older 1 bedroom condominiums to $8,000,000 for prime oceanfront mansions. Typical 3-4 bedroom family homes in good areas range from $250,000 to $300,000. Newer executive homes range from $300,000 to $400,000. Luxury homes, some with acreage or ocean frontage/views, range from $350,000 to $1,500,000. Smaller older homes and half-duplexes in the Esquimalt, Colwood and Langford areas are available starting at about $135,000. Oceanfront/view condominiums range from $200,000 to $500,000 with spectacular penthouses going for $350,000 to $1,500,000 or more. Luxurious modern townhouses, some with ocean views, range in price from $200,000 to $600,000 depending on views, accommodation and facilities. A typical Broadmead executive quality 2,000 square foot townhome backing onto a small man-made lake would sell for around $300,000. The Market AreaThe Victoria real estate market area includes all municipalities within an hour's driving time from downtown Victoria. See our area map for an overview. Victoria's EconomyVictoria's economy is service business oriented: 7 out of 8 jobs are in the service sector, including tourism, education, government, finance, insurance, and real estate. Manufacturing, transportation, utilities and import/export trade account for the remainder of the employment opportunities in the Victoria region. Victoria is large enough to have all the services and shopping facilities of any good-sized city. However it is fortunate in that it does not have the kind of smoke-stack industries which pollute the air and water. It has the gentlest climate in Canada and an endless supply of the freshest, cleanest cool air on the planet. Living in Victoria | Climate | Victoria Market | Visiting Canada and Immigration
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