Burnside Real Estate Market

Where a City of Victoria budget still reaches.

Burnside real estate market prices are the lowest in the City of Victoria, which makes this the only part of the city where an ordinary budget still buys a house.

Burnside Real Estate Market Overview

Burnside sits north of the downtown along the Gorge waterway, with industrial land on one side and residential streets on the other. The housing is largely modest, post war, and on lots that vary considerably in size.

It has spent a long time as the working part of the city and it is now the part being looked at hardest by anyone priced out of everywhere else. Proximity to the downtown and the Gorge does not change, and the prices have been slow to reflect that.

Working land next door is what holds the price down. Two streets can be minutes apart and worlds apart depending on what backs onto them. Learning that map is the real work of buying here.

Subscribe to the Market Update

Under every graph here sits a Subscribe to the Market Update button. Flip it on and the report comes through at intervals you control. Save Snapshot turns it on.

How To Read the 30 Day Numbers

  • What it shows. The past month of completions, the sums involved and the listing period on each.
  • Why it matters. Reasonable turnover with a wide condition range. The price average bounces about, so read selling times alongside it.
  • Ask yourself. How quickly is Burnside stock selling?
Market Reports by Neighbourhood in Victoria

Burnside sits inside Victoria. Each area below keeps its own report.

How To Read the 12 Month Trend

  • What it shows. A year of prices, volume and time on market.
  • Why it matters. Twelve months is the window that shows whether the rest of the city is still pulling away. Renewal in a place like this shows up in the annual line long before it shows up in a month.
  • Ask yourself. Is Burnside catching up on the city?

Burnside MLS® Activity Feed

IMAGE
ADDRESS
SOLD DATE
PROPERTY TYPE
CONFIGURATION
SOLD PRICE
3160 Irma St ##205,  Victoria,  BC V9A 1S8
36
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Condo
*** bed
*** bath
*** SqFt

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3120 Washington Ave ##1,  Victoria,  BC V9A 1P6
39
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Single Family Home
*** bed
*** bath
*** SqFt

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How To Read the MLS® Activity Feed

  • What it shows. Sold, available and under contract, live.
  • Why it matters. Street matters enormously here and only the individual sales show which one a property was on.
  • Ask yourself. What sold, and which street was it on?

Questions About These Numbers

Can I be sent this?

Yes. Set the subscription on any graph and it arrives on your schedule.

Why is it the cheapest part of the city?

Industrial land nearby and a reputation that has lagged the reality. Both tend to correct over time and neither affects the location advantage.

Is there waterfront?

The Gorge waterway runs along one edge and properties near it carry a real premium. It is sheltered water rather than open ocean.

Is it a good buy?

A city that cannot expand its boundary, and the lowest entry price inside it. That is the argument. The street level homework is what decides whether it works for you.

What Is Your Burnside House Worth?

An area average is not close to an answer where the street to street variation is this wide. Recent sales on your own block decide it. I don't guess your home's value. I prove it using actual market value and real market movement so you can protect your equity and move forward with confidence.

Jason Anson
Jason Anson

Agent License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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Ways To Search Burnside

Buyers here want a first house in the city, a project with room in the numbers, or something near the Gorge at a reachable price.

Filter below on price first. That is what brings most people to Burnside in the first place.