Big White Real Estate – Stats, Market Update & Opening Day

October 27, 2022October 5, 2020 by Joan Wolf

The 2020/21 winter ski season is a few weeks away and in real estate world that means crunch time to find the perfect Big White property before opening weekend. November 26th marks opening day at Big White Ski Resort this year and everyone is excited for that incredible champagne powder. Many people are not travelling out of country this year and are looking to Big White for their winter vacations, thus creating a flurry of deals on the mountain.

September Stats

September was a huge month for real estate in the Okanagan and Big White is no exception. With an 80% increase in sales from September last year we saw 36 deals this September with an average sale price of $436,271. Prices as low as $86,500 and as high as $3,200,000 mean there is something for everyone and every price point. Check out some listings here. If you are interested in receiving a complimentary market analysis on your Big White property, contact me. I would be happy to discuss about marketing your property worldwide with virtual tours, google ads, and specific targeting.

Upcoming 2020/21 Season Changes

With opening weekend just a few weeks away, Big White Ski Resort has been diligently working to ensure all safety guidelines and procedures are up to government standards. A few changes have been announced such as no more singles line for the lifts. Check out a few more of the changes for this upcoming winter 2020/21 season here.

These changes are put in place so everyone can enjoy everything Big White has to offer. From skiing, ice skating, snowshoeing, and more, there is an outdoor activity for all. To stay in the know, visit Big White’s Website for their lift status and hours. A fun new favorite at the resort is adaptive biking. With the wide trails and great variety of terrain, Big White is one of the best BC bike parks. Learn all about Adaptative Biking at Big White Ski Resort here.

Big White’s 2020/21 Season – What to Expect

October 27, 2022September 12, 2020 by Joan Wolf

Big White Ski Resort is ready for the 2020/21 Winter Season! This year many new and exciting things are happening and with that new protocols and procedures to make skiing safe and available all season long. We are seeing a great number of Real Estate transactions happening – if we compare the numbers to last year there is an increase of 111% in the number of sales.

Virtual tours and online communications make completing a deal easy for those out of town. Our board has also set new procedures to ensure all showings are done in a safe manner.

Things will look a bit different at the resort the year. Here’s what to expect from Big White’s 2020/21 season:

Safety is the number one priority for staff at Big White Ski Resort, and because of certain challenges the tube park, ice rink and night skiing are suspended for the 2020/21 season.

Rentals at the resort also will be operating a bit differently this year. Provincial health officer Dr. Bonnie Henry said the limits will be based on the size of the rental, but did not provide specific numbers or say when the order will go into effect. She said health authorities are working with the industry to determine those details. (source: cbc.ca)

There are a few things to keep in mind while visiting Big White Ski Resort this Winter:

Masks are mandatory in lift lines and loading/unloading on the gondola.
Ticket sales are online only

What we really should expect from Big White’s 2020/21 Winter season is a GREAT time and champagne powder. It’s better to be outside so come visit me at my office right under Snowshoe Sam’s in the Village or contact me to chat about Big White Real Estate.

Big White Real Estate Market Update & More!

October 27, 2022June 26, 2020 by Joan Wolf

Let’s dive into Big White Real Estate Market Update & More! Although snow has postponed the Summer opening day at Big White Ski Resort this year the Real Estate market remains strong coming into the summer months. With the resort now opening on July 10th, many are eager to get outside and explore the mountain.

Many are investing in the local real estate market for vacation and investment properties. Big White Ski Resort has been a popular choice among those looking to purchase because of its incredible investment opportunities. Big White Ski Resort offers a variety of rental and vacation options whether you want a turn-key condo in the rental pool, or a larger single family home for those family getaways.

Real Estate Snapshot

We’ve seen thirty new listings hit the market since the beginning of May and nine properties have changed ownership including one for $950k.

With the help of virtual tours and other online marketing tools, out of country buyers are still able to complete transaction without stepping foot in the property. Real Estate agents have been working hard to ensure buyers and sellers are still able to carry out their Big White Ski Resort property dreams. Whether your budget is 100k or 1M, there is a Big White property that will suit your needs!

Big White Ski Resort Updates

Near the end of May, the resort announced a 20% rebate on the 2020/2021 season pass for people renewing their 2019/2020 pass because of the early closure. Early big passes are available now, click here.

At Big White, we believe it is better to be outside. With that in mind, the resort has implemented new protocols and procedures to ensure we are safe all while still being able to enjoy the outdoors. New touchless systems are now in place, additional outdoor washrooms are just a few of changes at the resort. Check out all their new procedures here!

School is now out and families are looking for local activities and Big White Ski Resort offers something for everyone. Come visit me at my office in the Village, right under Snowshoe Sams. I’d be happy to chat real estate and all things Big White Ski Resort!

To get in touch with me today, click here to contact me!

Big White Resort Opening For The Summer

October 27, 2022May 21, 2020 by Joan Wolf

Mark your calendars – Big White Ski Resort has set an opening date for their Summer season! June 26, 2020 (tentatively) is the much anticipated day that Big White will reopen. Hiking and state of the art biking trails have become huge attractions for the resort and this reopening day is much anticiapted by both tourists and locals.

Since March 16, 2020 COVID-19 has closed the resort down and despite the mountain being closed, the Real Estate market has remained strong and transactions are still happening. There are very serious buyers out there looking to purchase their dream Big White Ski Resort property.

Big White Ski Resort Summer Opening – What To Expect

You will see some changes at the resort with new guidelines set by health experts. The Village Centre Mall will remain closed to ensure the safety of their guests and residents. For more information on changes and FAQ click here. Accordingly, the Real Estate industry is also evolving as necessary to adhere to government protocols.

Now more than ever, buyers and sellers alike are committed to the process and serious about their transaction. Interested parties from all over the world are relying heavily on technology and online tools. Virtual tours and social media are being used to make decisions about their Big White property.

With the snow melting, slowly (and fingers crossed in time for opening day) many are anxiously awaiting to enjoy the many beautiful areas Big White Ski Resort offers during their Summer season.

Keep up to date on all Big White Ski Resort announcements here. Or feel free to reach out and contact me with any questions about the upcoming season and how Real Estate is being affected. My office is right in the village and I would love to see you; stop by for a coffee and we will make your Big White real estate goals a reality!

COVID-19 and the Big White Real Estate Market

October 27, 2022April 27, 2020 by Joan Wolf

COVID-19 abruptly ended the 2019/2020 season at Big White Ski Resort. With the resort closed until further notice, we are all staying at home, homeschooling the kids, working from our new makeshift home office and finding new routines. It’s definitely a drastic change from gearing up, hitting the slopes and adventuring around the resort.

Big White Ski Resort remains closed for the time being, but because real estate is deemed an essential service there are still 124 active listings on the mountain and new properties still coming to market. With such amazing online marketing tools, an interested Buyer can easily view a property by way of a virtual tour, video, and photos. And, just as importantly, a Seller can feel confident that their property is still being marketed to its fullest during these times.

My outlook for the resorts future is positive, I believe that the mountain’s economy will remain strong. With our response to COVID-19 and the US dollar being at almost 1.50 I am cautiously optimistic that Canada, BC, and especially Big White, will be sought after real estate in the following months.

Still want to explore the mountain?

There are some approved off-season trail access that you may use. *PLEASE NOTE* The mountain is closed and no access of any kind is permitted to the trails and/or areas within the controlled recreational boundary on Big White Mountain. With the exception of low impact activities such as dog walking and snowshoeing in the highlighted area on the map. Check out there MAP here.

Big White Real Estate Market Update February 2020

October 27, 2022March 5, 2020 by Joan Wolf

Big White Real Estate market update for February shows the rush of the New Year went well into February as we are seeing many new listings popping up and an increase in sales over the same time last year. With new developments and amenities surfacing on the mountain, the demand for a Big White Ski Resort property is high.

Big White Real Estate Market Update

In January and February of this year, we saw 60 new listings hit the market, 30 in January and 30 in February. Comparing it to 54 last year it’s not a drastic leap, but the sales are considerably higher with 30 total sales this year so far. 2019 saw 20 in the first two months.

Also seeing an increase this month over last year in February is the average sale price. 2020’s average sale price in February was $468,850, up from last year, but down slightly from January 2020 which was $501,588. There have been 30 sales so far in 2020, 13 of them being in February. The increase in activity on the mountain confirms that sellers and buyers alike are ready to make moves.

If you are ready to list your Big White Ski Resort property now may be the best time to ensure your property has high profit potential. However, if you are looking to buy, the market is showing us that these listings are hot commodities and don’t last long. Contact me today!

LIVE WHERE YOU PLAY!

Renting Out Your Big White Ski Resort Property

November 23, 2022February 18, 2020 by Joan Wolf

Some people rent out their Big White Ski Resort property is a way to earn extra income when the property is not being used for their own personal use. Others buy at Big White strictly to use the property as a rental as rentals on the mountain are always in high demand, especially over the Christmas holidays and Spring Break. In addition to the holiday rushes, there are also seasonal workers and visitors alike that rent over the course of the season, year after year. This article will offer insight on renting out your Big White Ski Resort property.

Renting Out Your Big White Ski Resort Property

From self managing to outsourcing to a full service rental company, you have options depending on how involved you’d like to be. Some restrictions apply to each service you choose but luckily there are a few to chose from.

However, each building and complex have their own rental restrictions in place and rules that must be followed. So before making your rental plan. I reccommend speaking to a professional (I would be happy to answer any questions) about the possible rental restrictions for your property.

Let’s have a look at some of the options…

Self Managed

Airbnb

This is a great option for those who want to self manage. Be prepared to run the rental from top to bottom. You’d be in charge of listing the rental, upkeep, managing booking, cleaning and more. Do your research to see if Airbnb is right for you.

Full Service

Central Reservations

The one-stop shop for everything on the mountain. Handling rentals, and just about everything else, Central Reservations is a trusted, knowledgable team.

Luxury Mountain Vacation Rentals

With over 10 years of operation at Big White, this company has a long history of exceeding guest expectations. The team is comprised of other local small business such as: Pure White Cleaners, Snowy Nights Hot Tubs, Billy’s Waterworks, and many others.

If you decide to self-manage, I highly recommend the following local services to assist with the rental process:

Renting out your Big White Ski Resort property allows you to have that home away from home that generates income while not in use by you and your family. Contact me for all your Big White Real Estate needs! I would be happy to answer any questions or get started searching for your perfect investment property!

LIVE WHERE YOU PLAY

Big White Real Estate Market Update January 2020

October 27, 2022February 3, 2020 by Joan Wolf

January was a busy month of real estate at Big White Ski Resort. The new year started with a rush of people from all over the world travelling to Big White Ski Resort to view properties for both vacation homes and investment purposes. Here is a little update on the Big White Real Estate market from January.

Lets look at the numbers

The number of sales this January increased by 54.5% from January of last year. The number of active listings however, are fairly similar with January 2020 having 114 and January 2019 have 110. The average sale price is up from last year as well! 2020’s average sale price in January was an impressive $501,588. January of last year saw an average of $342,535.

The Big White Real Estate market shows consistent growth and increasing value year after year. For example, if you invested in Big White January of 2016, the average sale price was just 260,975!

With 30 new listings coming to market in January, there is a piece of Big White for everyone. From studio apartments, to million dollar luxury chalets, the numbers show that now is a great time to get into the Big White Real Estate market.

Are you interested in investing on the hill? Or are you looking for that perfect family ski home? Big White has it all. Contact me with any questions or if you’d like to start your search today!

LIVE WHERE YOU PLAY

A Look Back at Big White’s Real Estate in 2019

October 27, 2022January 3, 2020 by Joan Wolf

2019 has come and gone and what a groundbreaking year it was for real estate at Big White Ski Resort. There were many investors and families from all over the world visit the mountain to look and purchase their own piece of paradise at beautiful Big White Ski Resort. Let’s take a look back at what happened in 2019.

A Look Back

This past year we saw over 67 million dollars in sales stemming from 148 overall deals. The highest sale price in 2019 was the sale of White Spirit Lodge, the one of a kind chalet built by The Timber Kings, which sold for the price of $3,990,000 CAD. On the flip side, the lowest sale price was $86,000 CAD for a studio apartment located in the Village. The average sale price in 2019 at Big White was $449,766 CAD. That number is a 27% increase from last years average sale price!!

A variety of dwellings were purchased, from land, single family chalets, studio apartments, great townhomes and even commercial spaces. Whether it was for investment purposes or a family vacation getaway, there is always great availability at Big White. Click here for current Big White Listings

There were new developments and buildings being constructed all over the mountain. Fabulous multi-units and expansions of existing areas made developers and investors alike be more drawn to building and developing at Big White.

2020 Vision

2020 has already been a flurry of showings, offers, and deals and we are only a few days into the year. My prediction is that the Big White real estate market continues to climb and more and more people will invest in Big White. 2020 can be your year to invest at Big White Ski Resort. If you have any questions or want to start your search, please contact me or pop by my office in the Village right under Snowshoe Sams. See you on the slopes in that champagne powder!

LIVE WHERE YOU PLAY

Revamp Remodel Renovate

December 30, 2019 by Joan Wolf

We’re now in full swing and right before the New Year, this is one of my favorite times of the year! Shimmering snow on the mountains and the twinkling lights in the village, Big White is a wonderful place to be.

Whether you’re thinking about building from scratch see my previous entry or if you already have a property there are lots of options to make it modern. Perhaps you’ve found a property you really like but there are just a few things you want to upgrade. Renovations are a great way to keep your place current and increase its market value. Even if you have a slight fixer-upper don’t be discourage to sell, this might be the perfect project for someone else. You don’t have to break your budget either since you can start and finish at your own pace.

Consider A Few Things

A fresh coat of paint is a simple way to change the look and feel of a space and you can hire professionals or DIY.
Kitchens and bathrooms are good places to start whether you’re a buyer or a seller most people take notice of these areas. You don’t necessarily need to do major renovations either since small improvements help, consider changing sinks, countertops, appliances and hardware.
Floors are another way you can easily transform a space. Think about replacing broken tiles, hardwood panels, or removing old carpet.
Window coverings are another way you can redesign a space.
If your property is on the smaller side think about sprucing up outdoor areas to add more inviting spaces into the mix.

Depending on the project you are planning you might need a permit so be sure to find out more from your regional district or municipality. There are lots of home improvement magazines, TV shows and websites that can help you decide on the perfect designer look for you. Our friends at Weninger Construction can also help navigate your renovations needs.