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

Oct 1, 2021 A total of 761 properties sold in the Victoria Real Estate Board region this September, 23.1 per cent fewer than the 989 properties sold in September 2020… [...]

Bank of Canada news

Bank Of Canada News

Governor Tiff Macklem makes the case for greater cooperation to shape a stronger international monetary and financial system. [...]

Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the… [...]

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate… [...]

Bank of Canada Economy

Bank Of Canada – The Economy, Plain and Simple

The payoffs of higher education [...]

The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial… [...]

NY Times Real Estate news

New York Times Real Estate News

Tired, perhaps, of the familiar glass buildings around New York City, developers are getting creative with custom-designed brickwork. [...]

Can’t Decide What Color to Paint Your Walls? There’s a Consultant for That.

As we continue to spend more time at home, we can turn to experts for everything from decluttering to choosing houseplants or even custom-made scents for each room. [...]

The sudden increase in vacant commercial spaces has fueled a surge in conversions to rental homes, according to a new study. [...]

Forbes Real Estate News

Forbes Real Estate Feed
Baby Boomers And Millennials Are Vying For Homes, And Boomers Are Winning

All-cash offers are the top strategy for winning a competitive bid. [...]

Is The Housing Market In A Bubble? 3 Reasons Why The Answer Is No

The rapid rise in demand for housing and the sharp increase in home prices have led many to ask, ”Are we in a bubble?“ The short answer is no. [...]

You Don't Need A Big National Firm To Sell Your Commercial Property

There was indeed a time that owners of larger properties required the services of a large national or regional brokerage firm, but that time has passed. [...]