Recapping the First Half of 2021

Recapping the first half of 2021 seems like great a way to look back and see how this year has molded not only us as a community, but the community itself. It has been another eventful year where we have experienced, learned, and gained growth. 2021 has provided insight into what the next few years may bring and many exciting things have happened that lead us to that.

Let’s recap the first half of 2021:

Real Estate

As we know, the Real Estate market in BC blew up the first half of 2021. With homes going well above listing prices, flying off the market on the first day, and the lowest inventory we’ve ever seen, the first six months of this year have been wild. 141 sales were completed at Big White Ski Resort from January to currently. If we compare that to the 66 completed deals within the same time frame in 2020, that is a 113% increase in sales. And not surprisingly, the total volume has taken a huge leap from 31 million dollars worth of sales to a whopping 74 million.

Low inventory was a huge factor in the stresses of buyers looking for a home to purchase. We saw the lowest inventory available ever and that created a frenzy for buyers looking. And with that, came an incredible sellers market. Many sellers took advantage of the rising home prices and quick possessions. The average time a Big White property spent on the market this year is 60 days. A 45% decrease from the same time last year.

Big White Ski Resort

The resort itself saw many changes over the courses of these first 6 months of 2021. many COVID-19 protocols were implemented creating a safe place for locals, tourists and workers alike. There were challenges along the way but I think the team at Big White did a phenomenal job pivoting and adjusting as necessary. The Summer season has just begun and already the Village is seeing lots of tourists ready to relax, enjoy, and explore the wonderful outdoors.

Big White Ski Resort also made a huge announcement in January sharing that the resort has massive expansion plans over the next few decades. With more skiing terrain, a golf course, new housing developments, and more this is very exciting for the economy and resort.

No one knew what 2021 was going to bring and after a stressful and unknown 2020 we have adapted as a whole and are driving the changes into this year. The first half has been more than exciting and the rest of 2021 will be a great time to enjoy the growth the first half has brought us.

Build at Big White

You can feel the excitement as 41 runs are now open and it’s just the beginning of the season! At 7595 ft Big White is one of the highest ranges in the Okanagan Highlands. Maybe this is one of the secrets to the Champagne Powder? For that reason and many others, we are the second largest ski resort in BC and continue to grow each year. Nestled in between the Monashee Mountains and the Okanagan Valley, this makes panoramic mountain views a reality. Our listings showcase a variety of price points making this a viable market for buyers and sellers. 

With The Crescendo winning ‘Best Chalet’ at the World’s Ski Awards in Austria, Big White is getting recognized for its design and innovation. This definitely helps attract people from around the globe I gotta say, this ski resort continues to impress me! Imagine what you could do with your own custom build. Perhaps you’re thinking about a chalet or an investment property. Work with a team that has experience in designing and building on the mountain for over 30 years. The expertise of Weninger Construction can help you execute your dreams, take a look as they construct Black Forest Lodge.

As a result of the unique climate and terrain, you’ll want to consider durable materials like stone, wood, acrylic stucco or treated concrete. In addition, the mountain is home to sensitive plant life so you’ll need to strategize how to be of minimal impact on the environment. Keep in mind growing season is short so you’ll want to get plants that will thrive in those months. The mountain is also getting a 800K sewer upgrade. In case you have further questions about the development process application which needs to be obtained before a builders permit click here.  Keep in mind Big White falls under the Kootney Boundry regional district zoning which allows for residential, high-density mixed residential\commercial, recreational, industrial, light industrial, and institutional & community facilities.

Check out these lots for some of the best locations to build in Feathertop. Feathertop is one of the most exclusive neighborhoods on the hill with access to Bullet Chair and Black Forest Chair. The alpine terrain is getting developed past here which makes this an ideal location to build your luxury chalet.

 

 

 

A Guide to Big White’s Opening Weekend!

Who’s coming up to join me for all the festivities at Big White starting opening day Thursday, November 28th?! My office is right under Snowshoe Sams in the Village Center and I’m looking forward to seeing you all there and participating in the fun. You won’t want to miss all the exciting events planned. Imagine carving down the slopes and right into your very own ski-in and ski-out spot. It’s never too late in the season to explore the possibilitiesP.S. Don’t miss the chance to stay during opening weekend and get 2 complimentary lift tickets

Thursday, November 28th

The Village Centre Mall and Happy Valley Day Lodge open at 7:45 am. Be one of the first people down the mountain when the Ridge Rocket chair opens at 8:45 am and runs till 3:30 pm.

During this time you can grab a hug or a pic with Lucy Moose & Loose Moose. Also, complimentary hot chocolate and ‘opening day 2019’ stickers will be floating around. Live music at Sessions, 3-6 pm with Canadian acoustic duo Mabaleka.

Sessions Taphouse and Grill will be hosting events all weekend long so be sure to check them out. In addition, they are home to Elevation 57 Brewing Co. Canada’s highest brewery with 12 different beers on tap and a variety of indoor activities…you might even find yourself trapped here. 

Friday, November 29th

Enjoy the slopes all day long and when your body needs a good stretch head over to Mountain Yoga Studio for 7 pm for Practice, Pants + Dance Party, limited space so get your tix in advance. Still buzzing check out ‘Far Out Friday’s’ at Sessions featuring DJ Mr. M from 9 pm to close.

Saturday, November 30th

If you can’t make it any of the other days come Saturday for all the fun! During the day there’s a ‘Patio Party’ at Sessions featuring DJs, vendors & bonfires from 11 am-5 pm (Sat & Sun). Enjoy live music, from Vancouver’s country trio, The Heels, they will be playing in the Village from 12:30-1:30 pm & 6-7 pm. Between 6-6:30 pm, you’ll see the Village transform into a majestic wonderland known as Light up Big White followed by fireworks!

If you’re in the mood to laugh head over to Globe Cafe who is featuring a Comedy Night with Glenn Wool, show starts at 9:30-11:30 pm, get tix here. Get ready to dance as the legendary duo of SkiiTour will be at Sessions from 9 pm-close.

Sunday, December 1st

Take part in the Reindeer Round-Up Scavenger Hunt designed for the whole family, uncover the whereabouts of eight Reindeer that have escaped from Santa’s workshop and reveal the secret message to get them home. Get your clues from the concierge desk located in the Village Centre Mall.  Explore the Village through your taste buds with Walk, Dine, and Wine, the ultimate winter culinary journey for food and wine-lovers. Starting 5 pm, Sundays-Thursdays till Dec 19th.

Visit me at my office, 12:00 pm-4:00 pm!

LIVE WHERE YOU PLAY

History of Big White Part II

Continuing on from History of Big White Part I Big White Ski Resort showed continuous, steady growth from the 90’s and into the 2000’s. This second part  to the history of Big White will showcase all of the incredible amenities and features that have been constructed until mid 2000’s.

The opening of a Walk-In Medical Center at the Whitefoot Lodge took place in 1994, along with a 100 seat conference center,  Dom’s restaurant, and The Eagles and Chateau on the Ridge condominiums being constructed. The Ski Rental and Repair shop was also renovated during this time. In 1995, Big White Ski Resort invested more than $5 million in improvements to continue its growth. To accommodate its growth, a 350 car parking lot was placed between the Bullet and Black Forest and the White Crystal Inn opened offering deluxe accommodation and dining. On hill accommodations now exceeds 5,500 persons making Big White the largest on-mountain village in Western Canada!

The next few years brought the Ice Skating Rink, Snowboard Park, The Village Center Mall, The Big White Kid’s Center, Gem Lake Express Quad Chair and 1,200 acres of new terrain. Bringing the investment totals to over $75 million. Accommodations grew tremendously in 1997 and 1998 with the developments and expansions of Black Bear Lodge, The Coast Resort, Legacy Condominiums, Snowpines Estates, and The Ridge Day Lodge. Not long after in 1999, huge development milestones were hit with the completion of the Legend, Timber Ridge, Whiskey Jack, Treetops, Chateu at Big White projects. The Real Estate total for 2000 is $39.1 million!

In the early 2000’s, over $125 million was invested into the Gondola Woods Happy Valley Project. 100 acres of newly gladed terrain, summer grooming projects, and car park expansions were completed in 2001. While a year later, in 2002, a new super Olympic sized pipe, the 2nd one in Western Canada was constructed, along with the new skier bridge linking the village to Happy Valley. 2002 also saw a massive jump to nearly $50 million in real estate.

Stayed tuned for Part III

Big White Real Estate Market Update – March

Big White Ski Resort’s real estate market in March saw a 55%  increase in sales from February. March’s sales were between the 94k and the 805k price point.

Listings haven’t slowed down either, with March seeing 18 new listings, bringing the current total to 112 active listings. Property price points are ranging from $104,5000 to $6.3million with a large majority between 500-700k.

Spring break at Big White was extremely busy for real estate this year. The weather was absolutely fantastic and the showings were non-stop! Investors, families, and individuals from all over the globe traveled to Big White to evaluate the real estate market and many jumped at the opportunity to make a purchase.

From luxury chalets to studio apartments, it seems that the market isn’t leaning one way or another, but offering properties of all types to cater to anyone looking to invest at Big White Ski Resort.

LIVE WHERE YOU PLAY!

Why January is a great time to list your home!

You’ve been pondering the idea of listing your home “next year”, but aren’t entirely sure when is the best time to list. You’re friends tell you Spring because that’s when the market picks up. BUT, I’m going to give you 3 reasons to list your home in JANUARY!!

  1. There are fewer houses on the market – which means less competition and greater chance at receiving an offer
  2. People that are looking at houses in January are serious buyers!
  3. Corporate relocation – One of the biggest months for employee relocation is January, you might just sell to a newcomer to your town!

Okay, now that you’ve decided to list in January, here are some helpful tips for winter showings:

  1. Bake cookies for the potential buyers – the smell, the thought, and the taste will leave an imprint in their memory with the house.
  2. Have summer photos of the house, yard, and neighborhood.
  3. Keep driveway and sidewalk clear of snow and ice at all times!
  4. Turn the heat up a notch or two prior to showings, and if you have a fireplace, turn it on for extra ambiance.

Listing your property in January may just ensure you get the right price and beat the spring saturation!

Call Joan Wolf today if you want results, passion, and perseverance!

C- 778-231-0308

E- [email protected]