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LETTER: Zoning wonB次元官网网址檛 change land prices

The average single-family detached house in Greater Victoria cost $1.24 million in 2021, while Oak BayB次元官网网址檚 average was $1.96 million (Victoria Real Estate Board, Jan. 1, 2022.) The $720,000 difference is due to Oak BayB次元官网网址檚 land prices. No council zoning regulations can change this. Oak BayB次元官网网址檚 contribution to the B次元官网网址渕issing middleB次元官网网址� challenge will be negligible.
Black Press Media Staff
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The average single-family detached house in Greater Victoria cost $1.24 million in 2021, while Oak BayB次元官网网址檚 average was $1.96 million (Victoria Real Estate Board, Jan. 1, 2022.) The $720,000 difference is due to Oak BayB次元官网网址檚 land prices. No council zoning regulations can change this. Oak BayB次元官网网址檚 contribution to the B次元官网网址渕issing middleB次元官网网址� challenge will be negligible.

Mike Wilmut

Oak Bay

About the Author: Black Press Media Staff

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