Colwood

Why you'd want to live in Colwood

Colwood is one of the West Shore municipalities of Langford, Metchosin, View Royal and the Highlands, located to the west of Victoria. This region is known as the Western Communities, or West Shore, and stretches from Esquimalt Harbour to Rocky Point, along the shoreline of Juan de Fuca Strait. Although only incorporated in 1985, Colwood has a rich heritage dating back to the 18th century and is proud of its many historic landmarks, such as Hatley Castle and Fisgard Lighthouse. Originally one of four large farms established by the Hudson’s Bay Company in the 1850’s to supply the steadily increasing population of Fort Victoria, Colwood is now itself a thriving satellite city in the largely residential area of the Western Communities. Today, Colwood in the Western Communities is one of the most rapidly growing municipalities in the greater Victoria area, with a variety of recreational opportunities and facilities.The community of Colwood is very proud of its history and heritage. Learn more about the The History of Colwood. Hatley Park is Canada’s largest and most diverse National Historic site. At the centre of this authentic and beautifully preserved 565-acre Edwardian estate is a magnificent castle built in 1908 by former British Columbia Premier and coal baron, James Dunsmuir. Enjoy tours of Hatley Castle, visit the museum, or stroll through the Japanese, Italian, and Rose Heritage Gardens. Visitors can also participate in one of the many visitor programs, or enrol in a garden workshop, attend a special seasonal event, or grab a bite to eat at the Habitat Cafe while visiting Hatley Park National Historic Site. Hatley Castle and the park grounds are now home to Royal Roads University. The Royal Roads University and Gardens are surrounded by an urban forest containing elements of all biotic zones of Vancouver Island except alpine and coastal rain forest. via Vancouverisland.com

colwood westshore lagoon fisgard lighthouse victoria royal bay hatley castle royal roads university

Colwood Market Report

$2,171,569

AVERAGE PRICE OF 39 HOMES

$2,563,463

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$1,662,450

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,350,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$1,099,999

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $2,171,569
Avg Bedrooms 2.31 beds
Avg Bathrooms 1.41 baths

Average Price by Bedrooms

1 bedroom $2,150,000
2 bedrooms $792,450
3 bedrooms $1,281,843
4 bedrooms $1,284,914
5 bedrooms $1,448,333
Colwood Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 43 48 45 40 38
Average Price $2,078,938 $1,995,123 $1,791,529 $1,984,758 $1,956,437
Avg Price Change +4.20% +11.36% -10.79% +1.45% +15.09%
Median Price $1,454,083 $1,343,317 $1,204,350 $1,131,833 $973,151
Med Price Change +8.25% +11.54% +6.41% +16.31% +20.39%
Avg Bedrooms 2.35 beds 2.35 beds 2.25 beds 2.13 beds 2.36 beds
Avg Bathrooms 1.63 baths 1.68 baths 1.7 baths 1.56 baths 1.66 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 39 $2,171,569 73 days
Multi-Million Dollar Homes 30 $2,563,463 84 days
Newly Built Homes 2 $1,662,450 13 days
Homes with a Pool 1 $1,350,000 98 days
Reduced Price Homes 1 $1,099,999 6 days