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How many homes For Sale in Greater Victoria in a Payment Budget?
Today I noticed an article in a newspaper website, asking the question, what type of home one could buy for a certain amount....This article explored how far away from Vancouver one would have to move to find your dream home, a cute concept but not really very realistic for most of us that are "connected"  to our  Greater Victoria Community in one way or another.However, this question got me thinking about a slightly different twist to this Concept; So I asked myself:How many homes are there available in Greater Victoria within a Monthly Mortgage Payment  Budget Range?We hear so often that Greater Victoria is so expensive to buy a "home", so I wanted to explore this a bit just for some summer fun.Here are some average Greater Victoria rental rates to put things in context, CMHC reports average rental rates for a one bedroom apartment at $ 835 per month and for a 2 bedroom @ $ 1055 for 2011.   Rental rates for Single family homes are a bit harder to figure out, but a 1,000 to 1,500 square foot single family home is likely to rent from $ 1,500 to $ 2,500 dependent on location, age and condition. $ ... more

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