Are you looking for a fixer-upper challenge?
Then have we got the house for you. A Victoria house that was nearly destroyed in a fire is now on sale with a reasonable price tag B次元官网网址� at least for a single-family house in the city.
The house is located at 500 Sumas St. and is listed as being 900 square feet in size on a lot that is a little over 5,000 square feet.
B次元官网网址淗ouse severely damaged by fire,B次元官网网址� reads the Zillow listing by Frank Rudge with RE/MAX Camosun. B次元官网网址淟and value only. Court-ordered sale.B次元官网网址�
According to the listing, the house was sold in 2002 for $165,000 and was assessed in 2019 at $584,000. The listing also includes multiple photos of the inside of the house, with fire damage seen everywhere.
A total of 775 properties sold in the Victoria Real Estate Board region this past May, 1.8 per cent more than the 761 properties sold in May 2022 but a whopping 21.7 per cent increase from April 2023.
This high mark for sales comes with an increase in the inventory, according to the Victoria Real Estate Board.
Sales of condominiums were down 0.8 per cent from May 2022 with 248 units sold. Sales of single-family homes increased 8.7 per cent from May 2022 with 399 sold.
B次元官网网址淭he month of May marks the highest number of sales weB次元官网网址檝e seen since April of last year,B次元官网网址� said Victoria Real Estate Board chair Graden Sol, in a statement. B次元官网网址淲hile we havenB次元官网网址檛 seen the number of total sales we would expect in a spring market, the month of May marks the fourth consecutive month with sales higher than the month previous. With momentum building, thereB次元官网网址檚 an indication of consumer optimism in the market heading into June. However, if the ongoing lack of homes for sale persists and inventory is not added, we risk a return to an overheated market with pressure on pricing.B次元官网网址�
There were 2,189 active listings for sale on the Victoria Real Estate Board Multiple Listing Service at the end of May 2023, an increase of 7.1 per cent compared to the previous month of April and a 23.3 per cent increase from the 1,776 active listings for sale at the end of May 2022.
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