Victoria and Oak Bay BC Real Estate...Luxury Waterfront Properties are bringing the BIG $$$$ these days.

Victoria and Oak Bay BC Luxury Waterfront Properties have been raising in value over this past year and you may want to check out some of these fabulous homes on the water.

A 22 acre Wolf Island in Becher Bay is fetching $ 7 Million; there is a home on the island and the buyers are International buyers. Victoria BC waterfront properties are gaining International appeal and it is becoming increasingly more popular to shop for these multi million dollar waterfront properties through websites on the Internet. A Shoal Point Condominium in James Bay sold for $ 4.2 million. There are currently waterfront mansions for sale at $15.5 million and $18.5 million which seem to be testing the market these days. The highest asking price for a Victoria waterfront home currently is $ 28.5 million!

The record sale price for a historic waterfront Oak Bay Uplands property was $10.5 million and on the same street another for $ 9.75 million in 2006.

Real estate agents throughout Greater Victoria are marketing these Victoria BC waterfront homes to people living in Abu Dhabi, Dubai and Moscow. The high end market in the waterfront area is expanding and you will begin to see more sales in these markets. Many buyers in the super high end market buy two to three homes. There is more disposal income available these days for the wealthy and they don't mind spending it. Greater Victoria currently has the highest priced homes for sale in Canada.

Do you want to live in a high end luxury home?

Well, here is a look that we at Re/Max comprised on what you would need to spend across Canada: Jan/08

.....Residential homes in Greater Vancouver up to 6.1 million
.....Residential homes in Calgary, Alberta up to 7.9 million
.....Residential homes in Edmonton, Alberta up to 4 million

.....Residential homes in Toronto, Ontario up to 7.3 million
.....Residential homes in Saskatoon, Saskatchewan up to 1.4 million

.....Residential homes in Winnipeg, Manitoba up to 1.35 million

Currently there are 153 Waterfront Homes For Sale Throughout Greater Victoria, ranging in price from $349,000 in the Sooke Area to $18,500,000 on the Saanich Inlet in Central Saanich.

Other Current Luxury Dream homes For Sale With ReMax Camosun in Victoria BC.

You may contact me Direct at (250) 598-2963 to set up your own private viewing of Prime Waterfront and other luxury homes and properties for sale in Greater Victoria.

Fred Carver

Your Victoria Waterfront and Luxury Home Specialist .......35 years experience does help!

Associate Broker Re/Max Camosun

4440 Chatterton Way

Victoria BC V8X 5J2

Direct Line: (250) 598-2963

Email: fredcarver@remax.net