Greater Victoria Townhomes for Sale

In a bare land strata, you usually own the lot and the home on it, so you generally insure and maintain your own building while the strata looks after shared roads and common areas. In a conventional strata, the strata corporation usually insures and maintains the building exteriors. Check the strata plan and bylaws to see which kind a Greater Victoria complex is, because it changes your fees and your responsibilities.

Read the depreciation report and recent council minutes for upcoming roof, siding, window or building envelope work, and check whether any special levies are planned. A complex that has already finished major repairs can be a better buy than a cheaper one with that work still ahead. We help you compare these details before you remove subjects.

Fees usually cover building insurance, common-area maintenance, landscaping and reserve contributions, but a newer Langford or Colwood complex and an older townhome in Victoria or Saanich can be funded very differently. We compare the fee alongside what it covers, the depreciation report and the condition of the buildings, rather than choosing a home on the monthly number alone.