The City of Langford began its early days as a summer destination for Victorians in the late 1800s and now the Langford real estate market is booming.
These wanderlust pioneers travelled by train to popular resorts and lakeside lodges to relax and socialize away from the bustle of the city.
Today, new condos and homes have replaced those resorts and lodges and residents stand in lieu of relaxing vacationers as the rest of the country discovers the temperate climate, abundant lakes and majestic peaks that make Langford such a desirable place to live.
A unique combination of nature and modern amenities has seen the Langford real estate market explode in recent years as people from all over the country take advantage of both the scenery and the hot investment opportunities.
Langford Condos are as Picturesque as their views
The population of Langford has seen an increase in its population of over 30 per cent since 2016 increasing the popular suburbs population to 46,000 residents.
Langford was B.C.’s fastest growing community in 2019 and expects over 3000 new residents will call the city home by 2025.
The skyline is filled with new Langford condos as the exceptional lifestyle that this area offers, becomes less of a secret to the outside world.
This population boom has pushed the Langford real estate market to increase its real estate supply in an attempt to meet the ever increasing demand. Condos in Langford are in demand and the markets are struggling to keep up.
By introducing some key infrastructure projects and a push for upward growth vs outwards, Langford’s mayor has been an instrumental figure in the success of this vibrant city.
Condos in Langford offer Lifestyle and Financial opportunities
Langford’s downtown core is flourishing with new developments, shops and restaurants, which have enhanced the allure of Langford and increased its appeal.
This forward thinking town has created The Attainable Homeownership Program which will provide up to 75 per cent of the five per cent down payment to help 250 families purchase a Langford condo with a value of up to $450 000.
In the first 24 hours, over 200 families applied, and many have taken possession of their new condo in Langford.
With an increasing segment of the population retiring, combined with a growing number of people working from home, hidden gems like Langford will continue to see homeowners and investors flocking to take advantage of the lifestyle and financial opportunities that abound.
It will challenge the real estate market to meet the demand when more people discover condos in Langford.
Not only are condos in Langford affordable and surrounded by the best nature has to offer, they’re situated minutes from Victoria’s City Centre.
Buyers choosing to live or invest in the up-and-coming Langford condo market will surely be impressed with the view and the returns.
Be in The Scene.
Remember, the Langford real estate market is booming so Register with us today for more information on our Langford Condos and everything this wonderful city has to offer.
