Facts on Home Ownership

Understanding Property Taxes in BC

Posted on Jul 23, 2024 in Facts on Home Ownership


Property taxes are an important aspect of homeownership in British Columbia, including the municipalities in Greater Victoria. Understanding how these taxes are determined, where the funds go, and the available grants and discounts can help homeowners manage their finances more effectively. This guide covers everything you need to know about proper...

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10 Ways to Save on your Heating Bill this Winter

Posted on Jul 03, 2024 in Facts on Home Ownership



As the temperatures drop, heating bills often rise, leading to higher household expenses. However, there are numerous strategies you can implement to reduce your heating costs without sacrificing comfort. Here are ten effective ways to save on your heating bill this winter:

1. Seal Drafts and Insulate

Why It Helps: Prevents warm air from escaping and...

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Where to Expect Mold Issues to Occur and How to Remedy it

Posted on Apr 19, 2024 in Facts on Home Ownership



Mold can thrive in areas of the home where moisture levels are elevated, leading to ideal conditions for mold growth. While mold can potentially develop in any damp environment, certain areas of the home are more prone to mold issues due to their susceptibility to moisture buildup. Here are common areas where you might expect to find mold issues in...

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Hazards of Older Homes 

Posted on Apr 19, 2024 in Facts on Home Ownership


Older homes in Victoria, British Columbia, like in many other regions, may present a range of hazards and challenges due to aging infrastructure, outdated building materials, and construction techniques that may no longer meet modern safety standards. Here are some common hazards associated with older homes in BC:
  1. Lead Paint: Homes built before the...

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Moisture & Mold Issues in the Home 

Posted on Apr 19, 2024 in Facts on Home Ownership



Mold and moisture trapped in homes can pose significant health risks and structural concerns. Here are some of the primary concerns associated with mold and moisture:
  1. Health Risks: Exposure to mold can trigger allergic reactions, exacerbate asthma symptoms, and cause respiratory issues, sinusitis, and other health problems. Certain molds may produce...

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Rebates for home owners in British Columbia  

Posted on Apr 19, 2024 in Facts on Home Ownership


There are several government rebates and incentives made available to homeowners in British Columbia to support energy efficiency upgrades, home renovations, and environmental sustainability initiatives. However, specific rebate programs and eligibility criteria may change over time, so it's essential to check with relevant government agencies or u...

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