ski chalet Archives - Joan Wolf, Big White REALTOR®

Increased Activity at Big White and in the Okanagan

August 16, 2023 by Joan Wolf

We are seeing an increased amount of activity at Big White Ski Resort and within the Okanagan region within that last few weeks. The trend of the slower summer season was present, however, with summer coming to an end in the next few weeks, many buyers are keen to find a home.

Big White Ski Resort

Over 11 million dollars in sales have happened at Big White since July, a nice increase from the same time period last year where sales topped at 7 million. The average days to sell has however increased from 54 to 65 days because we are still seeing slower sales than average.

Closing day for the Summer season is September 4th. Meaning if you are wanting to get a few more mountain bike rides in, or finally get to the hike you only have a few weeks left. Winter ski season will be here before we know it and if this season is anything like last year we should except to see a large number of visitors, sales, and fun! Get to know everything Big White Summer here!

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 here.

Okanagan

Since the beginning of August, 200 sales have happened within the Central Okanagan region including single family homes, condos, and townhomes. The average sale price within the same time period is 826,475. The average sale price for the month of August in 2022 was $854,854 so we seem to be fairly consistent with last year.

Although the smoke seems to have settled in hopefully it clears, maybe see a little rain, and we can soak in the remainder of August sun. The Okanagan has been blessed with a great tourist season thus far and many visitors are becoming more keen on purchasing real estate here in the Okanagan.

To be in the know, and receive up to date listings and information about the market, contact me here to get set-up!

Hello 21/22 Winter Season at Big White Ski Resort

November 23, 2022November 8, 2021 by Joan Wolf

The final countdown is on to the 21/22 winter season at Big White Ski Resort. Are you ready? Passes bought, snowboard tuned and fresh gear? With less than 3 weeks to go, the resort has been seeing beautiful champagne powder fall in preparation for opening day. The village base is currently at 21cm as November 8th, a good start to the season. If you’re as eager as I am, you can watch the webcams here! The hype around the village is energetic and felt throughout. The restaurants, shops, and resort staff are all gearing up for the start of what is predicted to be an amazing winter season.

More New Things for the 21/22 Winter Season Big White Ski Resort

As discussed in my previous blog, there are many new and exciting things happening at the resort this year like Squawk Box (seriously check out the blog). In addition to those mentioned in that blog, Big White Ski Resort is also now home to the first Mexican restaurant on the mountain. Cantina del Centro, which also has a location in downtown Kelowna, is opening its doors in The Inn at Big White. The culinary variety at the resort is expanding every season and its nice to see numerous cultures and cuisines available.

Investing at Big White

Over the years, Big White Ski Resort has become a major hot spot for real estate investing. Consumers from all over the world purchase property at the resort. They use for generating income when not being used themselves. This is a great way to be able to have a vacation home and investment home in one. The resort sees many tourists arriving and renting condos and chalets for days or weeks at a time providing great revenue for the investor. This year we have seen an increase of not only investors purchasing but also families. The resort is less than a 45 minute drive from Kelowna making it a great place for families to escape to on the weekends.

In October, there were 33 sales at the resort. A 65% increase if you compare to 2019 which saw just 20 sales in October when the average sale price was $405,631. Which, is fairly on par with this October’s which was $414,433. We saw a 1 bedroom unit sell at $120,000, a luxury ski home sell for $1.1M and everything in between. 75% of those sales were under 500K.

Big White Ski Resort is so much more than investing in a property. It’s about investing in growth, family, and the pursuit of enjoying the beautiful outdoors. It’s better to be outside.

LIVE WHERE YOU PLAY

Build at Big White

October 27, 2022December 12, 2019 by Joan Wolf

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.

Big White Real Estate Update – August

October 27, 2022September 5, 2019 by Joan Wolf

The summer season at Big White Ski Resort has come to an end and what an incredible summer for real estate! Summer 2019 brought many new buyers to the mountain from all over the world and the summer events allowed investors to continue renting their investment property year round.

As we know from the past few months, the average sale price at Big White Ski Resort has seen quite a dramatic increase. June through August of this year showed an average sale price of $463,176, which is an increase of 25% over the same time last year even though there were slightly less overall sales.

During the month of August we saw 33 new listings hit the market. From lots starting under 100k to luxury million dollar chalets the range of property available is vast. Properties are selling slightly quicker than last summer with an average days to sell statistic of 101 during the summer months (June-August), an approximate decrease of 12% from 2018.

Now who is ready for the winter season to start?! Only 84 more days!

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!