BC's Tenants and their Rights
Posted on Apr 17, 2024 in Landlords and Tenants
In British Columbia (BC), tenants have rights that are protected under the Residential Tenancy Act (RTA), which governs most residential rental agreements in the province. This legislation provides a framework for the relationship between landlords and tenants, establishing clear guidelines and responsibilities for each party. Here are some of the...
Average Rent and Statistics in Victoria BC
Posted on Apr 17, 2024 in Rental Information
The rental market in Victoria, BC has been quite competitive, with ongoing changeability, with prices varying depending on the type, location, and amenities of the property. Here are some general insights into the average rent prices for different types of housing in Victoria as of early 2024:
Homes
- Single-Family Homes: Renting a single-family home i...
What is Involved & not involved in a Home Inspection within British Columbia
Posted on Apr 17, 2024 in Appraisals & Home Inspections
A home inspection in British Columbia (BC), Canada, is a comprehensive process intended to provide a potential buyer with an in-depth understanding of the condition of the home they are considering purchasing. The primary goal is to identify any existing problems, potential future issues, and the overall state of the home before the sale is finaliz...
Septic Tank Infrastructure and Home Maintenance
Posted on Apr 17, 2024 in Home Maintenance
Residential septic systems are essential for wastewater treatment in areas where homes are not connected to municipal sewage systems. A typical residential septic system consists of two main components: the septic tank and the drain field (also known as a leach field or absorption field). Here’s a detailed overview of how these systems function and...
Oil Tanks Facts in Victoria BC Homes
Posted on Apr 17, 2024 in Real Estate Information
In Victoria, BC, as in many older cities, residential properties may have buried or above-ground oil tanks that were used historically for heating purposes. As natural gas and electric heating became more popular, many homeowners stopped using oil heat, and the tanks were often left in place. These abandoned or unused oil tanks can pose environment...
Buying a Co-operative Home in Victoria, British Columbia
Posted on Apr 17, 2024 in Co-ops Housing Facts
Buying a co-operative (co-op) home involves a process that is quite distinct from purchasing a typical freehold property or condominium. Co-op housing is a form of collective ownership where you don't own your unit outright; instead, you own shares in a cooperative corporation that owns the property. These shares give you the right to occupy a spec...