It really doesn’t make sense to cancel a mere posting and re-list for a lower price with a full commission brokerage!
The sales pace at the Encore (at Bayview Place, Saghalie Road) has been dramatically different than that of the Promontory.
Ideally you want to be buying a pre-sale unit at a discount compared to an equivalent completed unit in a similar building and in a similar location.
The answer is transient zoning.
The three major condo projects downtown Victoria are nearly sold out.
During the rough in stage installing a Nema 14-50 in your garage won’t cost you much.
Just look at REALTOR® advertising.
As of July 4th, 2016 owner-builders in B.C. have to write, and pass, an exam for their application to be approved. The dumbest thing I’ve ever heard off.
Market value of condos in Victoria, B.C., has gone up drastically in the last 12 months; however, rents haven’t gone up the same extent which means returns are dropping. Does it make sense to sell and re-invest the profits? Maybe not when you factor in transaction costs and capital gains taxes.
H&M T-Shirt pricing actually makes sense, real estate commissions not so much.