Broadmead Real Estate

Broadmead is a unique community which has resulted in exceptional Real Estate appreciation over the past 40 years. The restrictive covenants and local bylaws maintain a high quality community.

Signs

BARA has a standard policy for residential real estate signs in Broadmead.  Real estate agents who list properties for sale in the Broadmead area must obtain signs from Pacific Posts VI.  Pacific Posts can be contacted by e-mail at:

info@pacificpostsvi.com or by telephone at: 250-588-2102

If selling privately, homeowners must obtain ‘For Sale by Owner’ signs from Pacific Posts VI.

All Broadmead properties have statutory building scheme restrictions which limit homes to single-family use only.

Secondary suites are not allowed.

Please e-mail BARA: info@broadmead.ca  for any questions regarding these restrictions.

Garden Suites

 A garden suite is now permitted on most single family residential (RS-zoned) properties inside the Saanich sewer service area.

Garden suites are detached dwellings located in the rear yard of a property with a single-family house as its principal use. A garden suite can only contain one dwelling unit. An owner must live on the property with the garden suite in either the single-family dwelling or the garden suite.

Properties in the Broadmead area have pre-existing statutory building schemes on title that prohibit more than one dwelling unit (for one family or household) on any property. As well, garden suites would only bring increased traffic and street parking issues to an area of Saanich without the necessary supporting infrastructure (including suitable transit).

Saanich Tree Policy

BARA defers to the District of Saanich in all matters concerning the removal of trees. Broadmead, like all of Saanich, is subject to the Saanich tree preservation bylaw recently amended.

Please see this article from the Saanich News

Real Estate News, Statistics & Economy

Victoria Real Estate Board Stats

Lastest Victoria Real Estate Statistics

July 4, 2022 A total of 612 properties sold in the Victoria Real Estate Board region this June, 35 per cent fewer than the 942 properties sold in June 2021… [...]

Bank of Canada news

Bank Of Canada News

The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report. [...]

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. [...]

The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%. [...]

Bank of Canada Economy

Bank Of Canada – The Economy, Plain and Simple

Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy. [...]

The payoffs of higher education [...]

NY Times Real Estate news

New York Times Real Estate News
A Songwriter and His Sister Take on a Hollywood Hills Fixer-Upper

When your sibling is a real estate agent and an interior designer, why would you work with anyone else? [...]

Want to create outdoor rooms in your garden? At Sakonnet, a magical landscape in coastal Rhode Island, you can learn from the masters. [...]

Jim Steinman’s Gothic Rock Cottage Is For Sale With Most of His Belongings

Jim Steinman spent years transforming his Connecticut house into a kind of rock ‘n’ roll museum. Now his friends are trying to sell it — with his belongings intact. [...]

Forbes Real Estate News

Forbes Real Estate Feed
A Shingle-Clad Colonial Beckons Along The Connecticut Seashore

This renovated residence in the Shorehaven area of East Norwalk sits on more than an acre along a quiet residential street. [...]

When To Buy, When To Rent: How To Know Which You Should Do

Most of us agree that home ownership is the best opportunity to build wealth for most Americans. But there are situations when renting makes more sense. [...]

A Scorching Hot Summer, A Cool New York City Real Estate Market

Many sellers hope for a more active market in the fall. The fundamentals of this market slowdown are not seasonal; this is not a summer lull. They are a response… [...]