The 3-day Ski Dazzle Show at the Los Angeles Convention Center was nothing short of extraordinary. With thousands of attendees from across the region and beyond, the event was a whirlwind of energy, passion, and opportunity. As a representative of Big White real estate, I was thrilled to collaborate with Big White Ski Resort to showcase the unique lifestyle and investment opportunities available at this world-class destination.
Our booth, made vibrant through our collaboration with Big White Ski Resort, attracted significant attention from an international audience eager to learn about the resort. With brochures, stunning visuals, and engaging conversations, we captured the interest of skiers, snowboarders, and families dreaming of owning property in a pristine alpine setting. Big White’s reputation as Canada’s premier family-friendly ski resort, combined with its robust rental market and year-round appeal, resonated deeply with attendees.
Fireside Seminar
A standout moment for me was participating in the fireside seminar. This intimate setting allowed me to discuss the numerous benefits of purchasing property at Big White, including its strong sense of community, top-notch amenities, and the opportunity to own a piece of paradise in a thriving resort. The audience’s enthusiasm was palpable, with many attendees sharing how impressed they were by the resort’s charm and investment potential.
The Ski Dazzle Show provided an invaluable platform to connect with winter sports enthusiasts from the LA area and beyond. Many attendees were not only intrigued by Big White’s skiing and snowboarding offerings but also by the prospect of owning a vacation home or investment property in such an idyllic location.
This incredible collaboration with Big White Ski Resort allowed us to reach and inspire a diverse audience, planting seeds for future Big White homeowners. We left LA energized and grateful for the chance to share what makes this resort such a remarkable place to live, play, and invest.
Which leads us into spring and the market we might expect. 2023 saw a spring market that was stronger than the 10 year average. And that was with fixed interest rates that were still approaching 5%. Most borrowers opted for shorter term fixed rates in the ~4.85% range in the spring of 2023. And where do we sit today? On average, fixed rates of all terms are about 0.5% higher today than the same time last year. But as we get closer to the inevitable first cuts, it’s likely that fixed interest rates will see some more downward pressure. And it is quite possible that we will see the same levels we saw one year ago.
Some more exciting news is that Big White just introduced a state of the art car charging stations in Happy Valley! This is great to see for the growth of the resort. Read more about it 
The more people that arrive and visit the resort and see how amazing it is, more people are interested in purchasing a slice of Big White Ski Resort for themselves. We have seen 56 sales so far in 2022, fairly on par from last year and almost doubling the sales from 2020. With over 35 million dollars worth of property being sold so far, the resort is on track for another high transactional year.
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.
Plans include doubling the amount of chair lifts, almost tripling the skiing terrain, and expanding mountain biking trails. Additionally the resort plans to add golfing, zip-lining, more equestrian adventures, and cat skiing. Winter camping and health/wellness facilities are proposed. Of course, with more terrain and activities that means additional parking, accommodations and amenities. The current bed units at the resort is approx. 10,533, and if the proposed 2020 Master Plan stays on track, the resort will see 20,600.
