Skip to content

Archive for March, 2010

Sooke Potholes Camping To Resume Spring 2010

Image Credit - The Land Conservancy of BC

Since the Capital Regional District and The Land Conservancy bought up some formerly private land around the Sooke Potholes a few years back (they recently bought some more), lots has been done up there. Expanded parking, trail work, Galloping Goose Trail upgrades, and the Sooke Potholes Campsite.

Unfortunately, due to CRD water main construction, the campsite was closed for the entire 2009 season. I’m pleased to report that the campsite will be open from May 21 to September 6, 2010. The Sooke Potholes Campsite, operated by The Land Conservancy of BC, features 65 campsites (55 tenting sites and 10 RV/trailer sites), including 5 that are along the Galloping Goose Trail and are designated as bike-in only. Reservations are taken for most of the sites, but some are held for first-come, first-served park visitors.

Activities at Sooke Potholes Park include hiking, cycling, mountain biking, fishing, and of course, swimming in the crystal-clear waters of the Sooke River, in the naturally-formed “potholes” that give the area its name.You can even hike or bike up to Leechtown, a real-life ghost town and relic of a short-lived gold rush on the Leech River in 1864.

Camping is just $21 per night, plus a $7 reservation fee. Firewood is available for purchase (as long as no fire bans are in place – typically in the hottest summer months) for $6.

Find out more information on the Sooke Potholes Campground website, including frequently asked questions and fact sheet. Online reservations for camping at Sooke Potholes will be available mid-April, 2010.

I also noticed that they are hiring support staff for the campground.

What’s your favourite campsite in the south-Island region? Why?

-Tim Ayres – Sooke Real Estate Professional

Your comments are welcomed and encouraged!
Just use the form or link below this post.

You can bookmark this post using the button below,
or subscribe to this blog for free updates using the big buttons on the sidebar!

Upcoming Free Victoria BC Real Estate Seminar: Buying A Home

House for Sale in Sooke

Ah… springtime… when a young person’s thoughts turn to… buying a home, of course! The spring market is here, and many first-time buyers are taking advantage of record low interest rates and making the jump into their own homes.

How much do you need and how can you save for a down payment? What’s the best type of mortgage for you? What homes are available and what sorts of programs are out there to help a first-time buyer?

How will the upcoming mortgage rule changes affect my affordability? Will the HST spoil my dream of home ownership?

All these questions and more will be answered at a fun, free, interactive seminar I’m putting on next month with two other professionals.

A Certified Financial Planner will talk about how to save for that ever-important down payment, and government programs to assist home buyers. Find out the details of how to borrow from your RRSP tax-free to help you buy a house, and other tricks of the trade.

Robert Boyd, Mortgage Expert with Dominion Lending will present on the various types of mortgages that are available, how to apply, and how to get the best rate possible to save you money. Learn about mortgages and rates, amortization and prepayment and take the mystery out of mortgages

Tim Ayres (that’s me!), REALTOR® with Royal LePage Coast Capital Realty will walk you through the home-buying process – how we search for a home together, showings, offers, negotiation and finally, getting the keys to your new home. Find out what to look for, how to ensure you get what you need, and how having an experienced REALTOR® on your side can help.

When: Tuesday, March 30th, 2010, 7PM.

Where: Investors Group Westshore office, 201 – 630 Goldstream [map] – [street view]

The seminar is free, but we have limited space, so please phone me at 250-885-0512, fill in the form below or visit TimAyres.ca/seminars for more information.

-Tim Ayres – Sooke Real Estate Professional

Your comments are welcomed and encouraged!
Just use the form or link below this post.

You can bookmark this post using the button below,
or subscribe to this blog for free updates using the big buttons on the sidebar!

Victoria BC Real Estate Buyers Profile – February 2010

The Johnson Street Bridge, Victoria. Photo credit: Sylpherware on Flickr

The latest data from our Member Market Survey has just been released by the Victoria Real Estate Board. Each month, agents who’ve completed a transaction while acting for a buyer are polled on various questions about their buyers. The goal is to get a snapshot of the situation on the street directly from agents who are actively involved serving their clients.

Highlights from this month’s data:

  • First-time buyers represent the largest segment of the buying population, with 36.5% identified as such
  • Interestingly, the number of people moving from a single family home to a condo or townhouse was nearly the same as those moving from one property to a similar one.
  • Single females bought more houses last month than single males.
  • Only one buyer came from outside of Canada last month.

Check out the full details of this month’s survey here.

-Tim Ayres – Sooke Real Estate Professional

Your comments are welcomed and encouraged!
Just use the form or link below this post.

You can bookmark this post using the button below,
or subscribe to this blog for free updates using the big buttons on the sidebar!

CRD Agrees To Buy Sandcut Beach, Jordan River, Sooke Potholes Lands from WFP

Photo credit: sometimes_anna on Flickr

The Capital Regional District (CRD), along with non-profit The Land Conservancy (TLC) has agreed to buy up more than 2300 hectares (nearly 5700 acres) of land that was slated to go up for sale today. The land, belonging to Western Forest Products (WFP) has been the subject of much controversy in our area since the provincial government allowed WFP to remove its private lands from a tree-farm license (TFL) in 2007.

The lands being purchased include Sandcut Beach, the Jordan River surfing beach and townsite, and lands surrounding the Sooke River near Sooke Potholes Park.

While some of the land on the interior side of the highway may be sold off to help finance this purchase, most of it will be dedicated as park. One exciting feature of this deal is that the land acquired near the Potholes completes the Sea-to-Sea Green-Blue Belt, which, besides having the distinction of being the most awkwardly-named park reserve/network on the Island, will now stretch all the way from the Sooke Basin to Saanich Inlet.

The land deal is worth nearly $19 million, most of which is coming from the CRD’s parkland acquisition fund, and will be paid over 3 years. The rest of the money will come from TLC, and hopefully, the provincial government, who have been under fire since the land was released from the TFL three years ago. Many see it as an opportunity for the province to right a wrong that caused great controversy.

And speaking of the parkland acquisition fund… this is part of your yearly property taxes. Since it was established in 2000, it has been $10 per household per year, which has been well used in my opinion, protecting  nearly 3000 hectares of land at a value of nearly $31 million. Your contribution to the fund will be going up this year by $2, and will eventually rise to $20 per year, allowing the CRD to purchase lands such as the Jordan River WFP parcels for everyone’s use and enjoyment, forever. I’d happily pay $50 or even $100 per year to pad this fund and enable the special areas in our region to be protected. It’s a great example of taxpayer money going into something we all benefit from.

The deal is still tentative, but is slated to close in August. I’m looking forward to the CRD’s plan and longterm vision for these newly acquired lands.

What’s your take on this announcement? Good, bad, otherwise? State your opinion, but be nice to one another!

-Tim Ayres – Sooke Real Estate Professional

Your comments are welcomed and encouraged!
Just use the form or link below this post.

You can bookmark this post using the button below,
or subscribe to this blog for free updates using the big buttons on the sidebar!

Your Home Is Not An ATM!

Something’s been bugging me for a while now, and I’ve been meaning to write about it. You know the commercials on the radio and TV. I probably hear them half a dozen times a day, more if I’m listening to a Canucks broadcast.

“Making your home equity work for you…..”

“If you own your home,” say the commercials, “we’ll lend you money.”

Sounds great, right? Free money! Against the value of my home! More and more, Canadians’ chief source of wealth these days is the equity built up in their home. Equity is the difference between the market value of the home and the outstanding balance on the mortgage on the property.

Homeowners should approach equity take-outs with extreme caution, because managed improperly, they can cost dearly. Many financial advisers will tell you it makes good financial sense to refinance high-interest debt such as personal loans, lines of credit, and credit card debt with low-interest mortgage money. While this is true, one needs to first examine how the indebtedness happened. If you’ve got $30,000 of student loans at a high interest rate, it makes good financial sense to pay them out with lower interest money. However, if you’ve racked up $30,000 of credit card debt at really high interest rates by consistently spending more than what you make, what is stopping you from doing it again once you’ve paid it out?

The point is: spend within your means. Irresponsible credit use is one of the biggest financial problems in this country, if not the world.

Some people have the mistaken assumption (and perhaps some members of my profession are partially responsible) that real estate prices only go up. We don’t have to look far back in history to bust this myth. If you had purchased a home in Victoria in the spring of 2008, with a 5% down payment, there is a very good chance you owed more on it than it was worth by February or March of 2009. Real estate prices fluctuate, and the worst situation you can be in is to owe more than you could get for your home if you had to sell it.

Treating your home like an ATM is a great way to end up in that situation.

-Tim Ayres – Sooke Real Estate Professional

Your comments are welcomed and encouraged!
Just use the form or link below this post.

You can bookmark this post using the button below,
or subscribe to this blog for free updates using the big buttons on the sidebar!

1|2|3|4|5|6|7|8|9|10|11|12|13|14|15|16|17|18|19|20|21|22|23|24|25|26|27|28|29|30|31|32|33|34|35|36|37|38|39|40|41|42|43|44|45|46|47|48|49|50|51|52|53|54|55|56|57|58|59|60|61|62|63|64|65|66|67|68|69|70|71|72|73|74|75|76|77|78|79|80|81|82|83|84|85|86|87|88|89|90|91|92|93|94|95|96|97|98|99|100|101|102|103|104|105|106|107|108|109|110|111|112|113|114|115|116|117|118|119|120|121|122|123|124|125|126|127|128|129|130|131|132|133|134|135|136|137|138|139|140|141|142|143|144|145|146|147|148|149|150|151|152|153|154|155|156|157|158|159|160|161|162|163|164|165|166|167|168|169|170|171|172|173|174|175|176|177|178|179|180|181|182|183|184|185|186|187|188|189|190|191|192|193|194|195|196|197|198|199|200|201|202|203|204|205|206|207|208|209|210|211|212|213|214|215|216|217|218|219|220|221|222|223|224|225|226|227|228|229| valtrex buy from turkey buy actonel canada purchase avodart meds without prescription buy compazine nz cafergot prescription discounts herbal soma no prescription needed buying lamictal on line buy inderal online no prescription clavamox no prescription buy without a prescription trental purchase online without prescription chloroquine buy alternative bactrim buy fluoxetine in usa buying zoloft legally clavamox without prescriptionAccutane Online Doxycycline online Buy Cheap Lexapro Online No Prescription Prednisone Online Buy Accutane No Prescription