Victoria: Top 5 Renovation Picks - Aug 08, 2025

647 Michigan St #307 — $214,000

  • Beds/Baths/Sqft: — / 1 ba / 446 sqft
  • Price per SqFt: $480
  • Year Built / Type: — / Condo/Co-op
  • Summary: This move-in ready studio offers a bright space with updated features and is located close to Beacon Hill Park, making it ideal for first-time buyers or investors.
  • Renovation rationale:
    • Low entry price at $214,000 with a low price per sqft of $480.
  • Why these metrics matter for renovation:
    • The low price point allows for flexible renovation budgets, making it feasible to add value through minor updates or conversions.
  • Recommended renovation ideas or improvements based on the listing data:
    • Consider adding a partition to create a more defined living space or updating the kitchen for improved functionality.
  • View on Redfin

760 Johnson St #202 — $389,900

  • Beds/Baths/Sqft: 1 bd / 1 ba / 584 sqft
  • Price per SqFt: $668
  • Year Built / Type: — / Condo/Co-op
  • Summary: This bright and functional condo features modern updates and a desirable open-concept layout, ideal for urban living in downtown Victoria.
  • Renovation rationale:
    • Mid band price at $389,900; smaller layout with potential for conversion or additional storage.
  • Why these metrics matter for renovation:
    • The price per sqft at $668 is reasonable for the area, allowing for renovations that can enhance the layout or add value through additional bathrooms or storage solutions.
  • Recommended renovation ideas or improvements based on the listing data:
    • Explore options for a bathroom addition or reconfiguring the layout to maximize space efficiency.
  • View on Redfin

1975 Lee Ave #311 — $375,000

  • Beds/Baths/Sqft: 1 bd / 1 ba / 641 sqft
  • Price per SqFt: $585
  • Year Built / Type: — / Condo/Co-op
  • Summary: This top-floor condo offers peace and privacy, with spacious living areas and a prime location near amenities and public transit.
  • Renovation rationale:
    • Mid band price of $375,000 with a price per sqft of $585, indicating strong value in a well-managed building.
  • Why these metrics matter for renovation:
    • The reasonable price per sqft allows for renovations to enhance the living space or add additional features, potentially increasing rental income or resale value.
  • Recommended renovation ideas or improvements based on the listing data:
    • Update the kitchen and bathroom fixtures to modernize the space while optimizing the layout for better flow.
  • View on Redfin

409 SWIFT St #513 — $485,000

  • Beds/Baths/Sqft: 1 bd / 1 ba / 1,071 sqft
  • Price per SqFt: $453
  • Year Built / Type: — / Condo/Co-op
  • Summary: This stunning penthouse unit features spectacular ocean views and a spacious rooftop oasis, perfect for urban living in Victoria.
  • Renovation rationale:
    • Mid band price of $485,000 with a low price per sqft of $453, providing a strong foundation for renovations.
  • Why these metrics matter for renovation:
    • The large sqft allows for a variety of renovation options, including potential room additions or layout modifications, enhancing both livability and market value.
  • Recommended renovation ideas or improvements based on the listing data:
    • Consider adding a second bathroom or upgrading the kitchen to create a more luxurious living space.
  • View on Redfin

745 Front St — $649,000

  • Beds/Baths/Sqft: 3 bd / 1 ba / 2,570 sqft
  • Price per SqFt: $253
  • Year Built / Type: — / Single Family Residential
  • Summary: This character home offers a prime development opportunity with a spacious lot and vintage charm, requiring significant updates for modern living.
  • Renovation rationale:
    • Very low price per sqft at $253 with potential for significant value increase through renovations.
  • Why these metrics matter for renovation:
    • The large size of the property allows for creative renovation possibilities, including adding additional bathrooms or modernizing the existing layout to appeal to buyers or renters.
  • Recommended renovation ideas or improvements based on the listing data:
    • Focus on updating the kitchen and bathrooms, as well as enhancing the outdoor space for better curb appeal and functionality.
  • View on Redfin

1 Like

Great way to show both pros and potential work needed.

More beautiful views from above