We still have a lower than average number of properties for sale on Salt Spring so far in 2022.

Although it feels like demand might be decreasing, it is not reflected in the current statistics. The low inventory coupled with active buyers is keeping things moving.

There have been 67 property sales totalling $72,588,650 on Salt Spring Island From January1, 2022 to May14, 2022.

It’s that time of the year again – if you want to appeal your 2022 BC Assessment the deadline for filing a Notice of Complaint (appeal) is January 31, 2022.

The assessed value of your property is based on the market value of your property as of July 1, 2021.

BC Assessment uses sales to reveal a pattern of values and the medians for similar properties. Your home value can vary from this based on its unique features.

Interesting fact: even if your home sold on July 1 of the prior year, the...

March 1, 2022 is the deadline to apply for an existing use groundwater licence. Applications submitted on or before this date will have the application fee waived.

If you use groundwater for any non-domestic purposes, including farming or a home based business, you must obtain a water licence and pay an annual fee based on usage.

If your well is used for domestic uses only it does not require a licence but you are encouraged to register it if it has not been. There are no fees for this and the process...

2021 was definitely a sellers' market. There was a low inventory of properties for sale and a large influx of buyers due to a number of factors including continued low interest rates and COVID. Salt Spring buyers were looking to move from the cities, move to larger houses because they were working from home and buying recreational properties.

Here is a review of the 2021 Salt Spring real estate market in graph form. The data comes from the Victoria Real Estate Board Multiple Listings Service. Sales...