Big White Ski Resort’s Opening Day

Big White Ski Resort was just voted best in the province and the second-best in Canada, according to Condé Nast Traveler’s list of the top five ski resorts in Canada, part of the magazine’s 2021 Readers’ Choice Awards. So its no wonder Big White Ski Resort’s opening day is highly anticipated this year. And with November 25th approaching quickly I’m sharing the ‘need to knows’ for the 2021/22 Winter Season.

Big White Ski Resort’s Opening Day

As mentioned, November 25th is opening day for the 2021/22 season. Michael J. Ballingall, senior vice-president of Big White, said “last winter was one of their best ever for season passes”, and this year seems to be proving the same outcome with strong season pass sales already. Early bird season passes are still available until October 17th (you can buy them here) and, because they are the #2 ski resort is Canada, the resort is on everyone’s radar.

Snow has already started to dust the resort and the entire Village is working hard to welcome everyone on opening day.

What’s New

As with every new season, comes new activities, protocols, and options at Big White. Along with more parking locations, outdoor washrooms, and touchless faucets, the resort has gained a Squawk Box. What’s a Squawk Box you ask? It’s the newest, online food delivery service where chicken is the main event!

Following suit with other major Canadian ski resorts,  Michael J. Ballingall recently announced they are implementing mandatory vaccines for all employees of the resort. He said the goal is to get people to come out, work, play and live in the mountains for the lifestyle experience. And if being safe by being double vaccinated is a part of it then we’re happy to do it.

Real Estate Market

With strong indications of a fantastic season at the resort, real estate on the mountain has remained strong and continues to break expectations. Year to date on today October 15th, the resort has seen 198 sales, a 32% increase from the same time period in 2020 which we know was a hot market as well.

However, with an increase of sales, usually comes a decrease of inventory. Comparing this October to October 2020 we have 49% less inventory at the resort. So what does that mean? Sellers are getting top dollar for their properties and buyers are jumping in now before the prices increase even further. Year to date, over 99 million dollars in sales has occurred at Big White Ski Resort, a 30 million dollar leap from year to date 2020.

More and more people are exploring this gem and falling in love with everything it has to offer. Big White Ski Resort is a fantastic family fun place to enjoy and explore the outdoors. Just 45 minutes from Kelowna, this mountain paradise is truly one of a kind. As always I’m happy to answer any questions you have and you can contact me here or pop into my office in the Village under Snowshoe Sam’s!

LIVE WHERE YOU PLAY

Big White Ski Resort Statistics

Since the pandemic started it seems like real estate in BC has skyrocketed and as you’ll see by the Big White Ski Resort statistics, the mountain is no exception. The pull to be outdoors, in the mountains, enjoying activities and fresh air seems to be on everyone’s list and they are heading to the resort to do so. The incredible asset about property at Big White is that it’s not just a vacation home. Properties at the resort are known to receive high rental revenue, especially during the busy months, making it even more appealing to buyers and investors.

Big White Ski Resort Statistics

  • Big White Ski Resort’s average sale price has reached an increase of 45% over the past 3 years. In 2018 the average sale price was $351,693 and 2021’s year to date average is $510,123.
  • The number of sales happening at the resort has also dramatically increased 95% from the previous year. YTD 2021 number of sales is 167. A huge leap from the same time period in 2020 when the number of sales was 85.
  • With the increased number of sales in mind, the volume of sales has seen major upward movement and we are seeing a YTD sales volume of 85M. When compared to Jan-Aug 2020 it’s a 123% increase.
  • Prices are up, and the average days spent on the market is down considerably. YTD the average days to sell sits at just 60 days. A dramatic 40% decrease from 2020’s average.
  • Also seeing an increase is the close price to list price. YTD 2021 is sitting at 98.5% – up from last year’s 96.8% average.

Increasing prices, lower days to sell, and everyone looking for that perfect mountain property creates this beautiful storm we are in right now. With massive expansions planned in the coming years, investing at Big White has never been more appealing.

For more information or to chat about your options on the mountain, reach out today HERE

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.

Summer 2021 at Big White Ski Resort

Get ready for an incredible Summer season at Big White Ski Resort! because the much anticipated Summer 2021 season opens on July 1st. This summer is a great time to explore and discover what the resort has to offer without the champagne powder. With many of us seeking outdoor activities to keep us occupied, the mountain offers something for everyone.

Want to try mountain biking? No problem (they even have rentals!!). Ready for a hike with a phenomenal view? Got it covered. Or maybe you’re looking for something a little less strenuous? In that case, you can enjoy the beautiful scenic chair lift. Remember bike passes go on sale on June 1st and there is a limited supply. Head over to Big White’s website for more information.

You can leave with more than just memories as the shops are open for retail shopping and the restaurants will be open to fill your stomach. Check out all the summer information here.

With past years events including Cider Fest, Mud Sweat and Tears, Wine Fest and North American mountain biking open invitational, we are optimistic that full normalcy expected by late summer. With BC trending in the right direction we are excited to welcome all our international and national guests back to experience the magic with us.

Leading up to the Summer season at Big White

Even during this off season, the Real Estate industry hasn’t slowed down. Outdoor enthusiasts and many locals are looking for that perfect vacation property that they can indulge in that remains close to home. Whether its a small studio apartment to use for the basics or a lavish chalet to entertain and revel in.

There were 22 deals completed in April of this year, with over $13 million in sales. When comparing that to the 1 deal in last April, I would say this year, properties at Big White are sought after. Additionally, last years average days to sell last at 101 days while year to date, this years days to sell is 58.

If you’ve been thinking about purchasing that perfect vacation home or investment property, consider Big White Ski Resort. With major plans to expand over the next 60 years, the resort is quickly becoming an even more popular place to invest and enjoy.

February Real Estate Stats and Spring Break

As we enter in March there is a lot of action at the resort. Locals in the Village, a bustling real estate market, and spring break approaching Big White Ski Resort is a great place to enjoy the outdoors. As you may know, the end of last year’s real estate market was heating up and that momentum has continued well into the first quarter of the year. Let’s take a look at the February Real Estates and what Spring Break looks like this year.

February Real Estate Stats

January and February were great months at the resort for the Real Estate market. Year to date, we have seen 57 closed deals, totaling 29 million in volume. The average days to sell in February is down drastically, 43% from last February, at just 51 days. The close price to list price ratio is at 99.3% and last year’s average was 96.8%. Currently there are 85 active listings. There is the most affordable option, a studio apartment for just over $100,000. All the way to luxury chalets listed for 1+ million.

Monashee RidgeNew builds are exciting at Big White and Monashee Ridge offers an incredible option for those wanting a luxury chalet. With ski-in/ski-out access, opulent features and finishings, and a completion date set for 2022, these incredible homes are very impressive. For further information about this development, click here.

It’s not just residential properties that is booming at the resort. Commercial listings are a hot commodity and create a once-in-a-lifetime opportunity for investors. Commercial listings don’t come up often and when they do, everyone wants a piece. View all my current commercial listings HERE

If blue skies and champagne powder is calling your name, don’t miss this opportunity to own your own paradise at Big White Ski Resort.

Spring Break 2021

Spring break definitely looks different then prior years, however; there is still plenty of activities to indulge in with the family. Of course you can hit the slopes on your skis or snowboard or maybe a snowshoe adventure is calling you. Whatever the outdoor activity is, it’s better to be outside. Check out Big White Ski Resort’s website for more information about available activities and COVID protocols.

Be sure to pop by my office (in the village under Snowshoe Sams) to check out all my latest listings, residential and commercial. Alternately, contact me and I’ll get you started on your search and answer any questions you have.

LIVE WHERE YOU PLAY!

Big White Real Estate is on Par With The Rest of BC

Big White Real Estate is on par with the rest of BC. You have likely seen in the news that the real estate industry in British Columbia, specifically the Interior, is breaking records. It has well exceeded many peoples expectations. Big White Ski Resort‘s real estate market is no exception.

For instance, January 2021 sales took a 35% increase from January of 2020. Sales from $99,400 to 1,540,000 took place in January with the transactions totalling over $12 million dollars. This created an average sale price of $531,670, a slight increase from January 2020’s average sale price of $501,588.

Big White Ski Resort Real EstatePeople are flocking to the resort to purchase vacation rentals for themselves and their families as well as purchasing investment homes to provide revenue. There are many options for whatever you are looking for in your Big White Ski Resort property. Whether it’s a lot for building your dream chalet, a commercial investment up to $10 million, a studio or anything in between.

From my office I get to see the bustle of the Village and the excitement that runs through the resort on the daily. There is no better time than now to get outside and enjoy everything this beautiful mountain has to offer.

This year, the resort has spent copious amounts of time and money ensuring they are following all new government protocols. I believe they have done an incredible job in keeping visitors and locals safe all seasons long.

If you are curious about stepping into the Big White market or ready to sell your lovely ski abode, contact me today and we can talk about your options. Now may be the best time for you to LIVE WHERE YOU PLAY!

Big White Ski Resort announces major plans

Big White Ski Resort has announced major plans to take place over the next 60 years. The resort recently submitted it’s 2020 Master Plan to the government, outlining the anticipated growth and their goal of making the mountain a “world-class, all-season destination resort.” It will potentially double its current size of 3,140 hectares to nearly 7,000 by 2089. Much of this terrain will come from East Peak area.

Major Plans Announced

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.

Real Estate

Owning a Big White ski property is already a sought after commodity, and with plans of expansion and growth, I believe the real estate industry will continue to remain strong. 2020 ended with some of the best numbers the resort has seen and the forecast of the 2021 market is parallel.

There is a broad range of available properties like residential, lots, commercial and pocket listings. There are also many great options for vacation homes or investment properties depending on your intentions of use. Whatever your requirements are, Big White has something to offer.

You can sign-up here to receive all new listings that hit the market at the resort the moment they go live. You can also always reach out to me with any questions you may have.

ITS BETTER TO BE OUTSIDE

LIVE WHERE YOU PLAY

A Memorable Year at Big White Ski Resort!

We can all agree that 2020 has been a memorable year at Big White Ski Resort. With the resort facing challenges and having to make pivotal decisions, it still remains a hot spot for real estate and locals heading up to play in that champagne powder Michael J. is always talking about.

With 2020 coming to an end in a few days, the resort has seen a total of 213 sales within the year. That compared to last years total sales of 148 is a 44% increase. Over those 213 transactions, 100 million dollars of real estate has exchanged hands this year at the resort. From studio apartments for just $85,000 to the luxurious Crescendo chalet for $3,200,000 – there was a variety of sale prices making up the yearly average of $471,672.

The resort made many necessary changes in order to adhere to the new government guidelines. Such as being a no cash resort, adding sanitizing stations throughout, and capacity control.  The mandatory face covering rule is being enforced along with maintaining social distancing guidelines. The resort strives to ensure visitors and residents alike are safe and have done a great job in doing so. Check out all of the resort’s new procedures and protocols here.

No one could have predicted what this year was going to bring. Among other things, it has brought attention and clarity to life’s most important things. It has allowed us to enjoy this beautiful mountain and all it has to offer. Big White Ski Resort allows us to get outdoors to enjoy the fresh air. It allows us to get active with some of the most amazing views. And it allows us to spend quality time with those close to us. That, and it’s just an hour away from Kelowna – what more could you ask for?!

Maybe you’ve been thinking about jumping into the resorts real estate market but need some questions answered by a qualified agent that is familiar with the resorts market? If that’s the case, please reach out and I would be more than happy to discuss why property at Big White Ski Resort is a great to own.

 

Big White Ski Resort is the Place to be!

Big White Ski Resort is the place to be this winter season for anyone looking to get outdoors, breathe in some fresh air, and enjoy that beautiful champagne powder. The resort opened ahead of schedule this year and has had a seamless transition while incorporating all of the governments new protocols and restrictions. The resort has put many new policies to ensure visitors and staff alike are safe and following protocols.

Most are flocking to the mountain during the weekends, but if you get the chance to be there mid-week not only will you receive a discount on passes, but also get the perks of waiting less, skiing more, and fresh tracks!

Real Estate Market

If you are thinking now is the time, for either buying or selling on the mountain, you are absolutely correct. November 2020 saw a 160% increase in the number of sales, and the number of days to sell is also down compared to the same time last year. Over 17 million dollars of real estate was exchanged last month at Big White Ski Resort. As of today there are 69 available listings on the mountain. You can purchase a studio apartment for under $100,000 or a luxurious chalet in Feathertop Estates for $1,675,000.

New at Big White

Recycling! Residents and visitors the resort can now drop off their refundable beverage containers at the region’s first Return-It Express & GO recycling station. This new service was a direct response to the needs of residents and visitors on the mountain. Located at 4500 Big White Rd., the new facility makes recycling easier by allowing drop off pre-bagged beverage containers without sorting them. Another cool feature of this amenity is the fact it is solar powered and housed in a repurposed shipping container. For further information check out this article.

With new snow dropping daily, it’s definitely better to be outside! See you on the mountain, email me, or drop by my office in the heart of the Village! (Right under Snowshoe Sam’s)

LIVE WHERE YOU PLAY

Big White Ski Resort is open!!

BIG WHITE SKI RESORT IS OPEN!!! – The resort opened November 19th and many are already out enjoying the beautiful champagne power. People have been eager to enjoy Big White and it’s great to see people walking in the Village and lots of excitement all over the mountain.  

When heading up to the mountain this year here are a things things you need to know:

1. Masks/face coverings are mandatory.
2. Only one parking lot open (Happy Valley).
3. Lines will look longer but only due to physical distancing.
4. No cash. Big White Ski Resort is completely cashless. (get more info here!)

After you hit the slopes and that amazing white stuff, check out The Woods restaurant. It just received 2020 Travelers’ Choice Award from Tripadvisor. There will be limited capacity (50%) at the restaurants so come prepared with snacks and drinks. The resort also received the 2020 Travelers’ Choice Award winner for Ski and Snowboard Area by Tripadvisor.  

November is already seeing a large number of sales at the resort. Studio apartments, duplexes, luxury chalets and lots – halfway into the month and already 20+ deals closed. If you are wondering if now is the right time for you to buy or sell at the resort I would be happy to chat about opportunities.  Contact me today!