Mehdi Eshraghi

Downsizing in Victoria

Five figures give a rough sense of what a sale releases once the costs come off, alongside eight Greater Victoria areas, a room-by-room sort and the strata questions worth asking. Nothing is sent anywhere, and nothing is written to this device unless you ask for it.

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Why are you considering downsizing?

Pick everything that applies. Nothing here is scored — naming the reasons to yourself is what makes the numbers on the next tab mean something.

Free up home equity for retirementReduce home maintenance and upkeepSimplify my lifestyle — less is moreMove closer to amenities — walkable livingPrepare for aging in place or one-level livingReduce monthly costs — taxes, utilities, strataFreedom to travel — less tied to a propertyLive closer to family or community

0 of 8 selected

Greater Victoria, in six figures

~$1.1MAverage Victoria home value, 2026

4–6%Typical cost of selling

Source not yet checkedBC Property Transfer Tax

$300–$700Monthly strata fee, typical

2–4 wksAverage time on market, 2026

55+Age-restricted communities available

5 of these 6 figures carry no source and none has been checked here, and 2 of them name a year. Treat them as a starting point rather than as current market data, and confirm anything you are about to act on with Mehdi and a licensed BC financial adviser. Figures not yet checked