Opening Day is Around The Corner

Opening Day is scheduled for November 28, 2019 (snow dependent) so mark it on your calendars and start getting your snow gear ready! This year Big White Ski Resort is going to be better than ever with many new developments and amenities to increase locals and tourists experience.

“As Canada’s Favourite Family Resort, we are constantly investing in improving the sliding on snow, riding on lifts, and enjoying our hospitality. Year after year, families are returning to Big White because we are paying attention to their good times. And for that, we are truly thankful.” says Michael J. Ballingall, Senior Vice President at Big White Ski Resort Ltd.

Despite the cooler temperatures, Big White Ski Resorts real estate market remains hot! The time for investors, families, and every one else to purchase the perfect Big White property is NOW! Whether you are planning on using the property yourself or using it for potential revenue income, there are many options for you to choose from. Old developments with the basic necessities to new buildings with luxury amenities like movies theaters and multiple pools there is a potential for incredible memories and revenue potential!

Get in touch with me today to receive new active listings within your criteria!

Developments Still Booming at Big White Ski Resort

Big White Ski Resort sees massive developmental growth every year, and this year is no exception. Big White Ski Resort amenities and housing continue to climb in popularity and create a demand for more exciting developments. The Resort is making some incredible changes this year to elevate the mountain experience.

Guest Experience

Many of the new developments happening currently at Big White Ski Resort including a 5.5 Million dollar Central Reservations building and 8 new gondola cabins to Lara’s Gondola which increase capacity 50%! The Gondola upgrade will be ready for the 2019/20 season and was a total investment of $600,000.

Riding Upgrades

The Resort has also invested $250,000 to create a new Magic Carpet for beginners. It will also more space for people to experience skiing or snowboarding for the first time. For the Gem Lake lovers, you’ll be able to get there earlier on in the season because crews are working on a new return trail that will allow skiers and snowboarders to hit Westridge with 30-40 cm less snowbase. Which means you’ll be able to ride weeks before the normal Christmas time opening!

There is also a new groomer for those who love Corduroy, which now ensures this run is always in tip-top shape!

Residences

The Real Estate Market at Big White Ski Resort is powering through the early summer and remaining strong going into the late summer. Properties are in high demand and buildings are continuing to be constructed and lots being ready to develop. The sought after Stonegate Resort is on Phase 3 of its development this year and lots are becoming more popular with Monashee Ridge lots starting at only $139,900.

The developments at Big White Ski Resort have remained strong since the mountain resort opened and the luxurious touches and amazing amenities keep exceeding expectations.

If you are interested in learning more about Big White Ski Resort developments or property investment opportunities, contact me today!

Big White Real Estate Update – July

July has come and gone and it brought some heat to the real estate market at Big White Ski Resort! 16 new listings hit the market in July, bringing the total number of active listings to 105 at the end of the month. The number of sales in July saw a massive increase of 95% from that in June, which only saw 5 sales throughout the month. The average days on market for Big White Ski Resort is sitting at 109 days, just one week more than that of the same time last year.

The average sale price in Big White Ski Resort has seen steady increase over the last few years. The average sale price in July 2019 was $459,179, a 17% increase from July 2018, and an increase of 40% from July 2017. These numbers are the reason why many out of town buyers and investors are coming to Big White Ski Resort to buy property. There is a price range for everyone from under 100,000-5,295,000. That’s right, you can own a piece of beautiful Big White for less than 100K!

The Big White Real Estate market remains strong into the second half of summer – don’t miss the opportunity to purchase your dream mountain home or to sell that investment property!! Get in touch with me today for a complimentary market analysis or to receive new active listings within your criteria!

Big White Real Estate Update – June

The Summer season at Big White Resort has begun and with that comes new people exploring the mountain. The summer season has allowed the Real Estate market to remain strong in the winters off season. As of today, Big White Ski Resort has 110 active listings, just 9 more active listings than June of 2018.

Average sale prices continue to gain momentum as Junes average sale price was $483,800, an increase of approximately 15k from May of this year, and, an even greater increase from June 2018 where the average sale price was just $292,500. If you like numbers, that is a 65% INCREASE! However, that doesn’t mean that all of the current listings at Big White are pricey, you can get into a mountain property for UNDER 100k; however, if your budget is more generous, there are also properties listed for up to 6.3 million.

The first half of 2019 has seen 57 sales, down from 2018s first half, but with the large increase in the average sale price, Big White Ski Resort remains a perfect opportunity for investors and vacationers alike. Buyers worldwide are still visiting Big White Ski Resort to explore the investment potential the mountain offers. With no speculation tax or foreign buyer tax, Big White Ski Resort is an ideal place for out of country investors to build their portfolio.

Big White Ski Resort and the strong real estate market make it a perfect time to purchase or sell your Big White property. Get in touch with me today for a complimentary market analysis or to receive new active listings within your criteria!

Big White Real Estate Update – May

Big White Ski Resort continues to display a steady increase in property value and investment return. Buyers from all over the globe are keeping the real estate market strong. There is no shortage of Buyers looking for investment properties, vacation homes and rental suites.

300 Moonshine Crescent

The average sale price of a single family dwelling (bare land strata) continues to rise at Big White Ski Resort. Statistics pulled from OMREB show the average sale price year to date of a single family dwelling to be $999,000. The same statistic from January to May 2018 was nearly half that amount at $525,000. Properties at Big White are raising the bar, and prices, with the quality of craftsmanship, high end details, and luxury furnishings,  there’s no wonder  the average sale price is ski rocketing for the luxury ski chalets.

In May, new listings were on par when comparing to last years numbers, as well as the total volume of real estate being sold at Big White Ski Resort. The number of sales were down slightly, but with the overall average sale price being significantly higher than the same time last year, the market is remaining strong.

Big White Ski Resort and the strong real estate market make it a perfect time to purchase or sell your Big White property. Get in touch with me today for a complimentary market analysis or to receive new active listings within your criteria!

Big White Real Estate Market Update – April

Big White Ski Resorts real estate market is still going strong, even after the end of their Winter 2018/2019 season.

April of this year saw a total of 18 new listings hit the market, 44% of which were condos, down from March of last year where condos made up 63% of the new listings. Townhouses made up 27% of the new listings in April and 11% were lots.

The average sale price of lots located at Big White Ski Resort has increased dramatically over last year, the average sale price in 2018 from January-April was $181,500, this year we are seeing the average sale price at $330,667, an increase of 82%!! It’s not just lots that have increased, we are seeing an increase across the board including single family residences jumping from $633,500 to $889,667, a 40% increase!! These statistics prove exactly why Big White Ski Resort is an incredible place to invest in property.

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