High End Homes Whistler
With the addition of over a 100 billionaires
this year to Forbes richest list, bringing it to almost
800 worldwide one has to think those people will be looking
to invest in real estate, and what a better area than the
depreciated high end homes Whistler market.
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With the rapidly approaching 2010 winter Olympics
and massive snow falls land value is sure to start appreciating
once again making the high end homes Whistler market hot once
again!
Will the prices of high end homes Whistler go
up or down with the approaching 2010 winter Olympics
The buzz and public perception is that the high end homes Whistler
market will appreciate with the fast approaching 2010 winter Olympics,
however previous years number prove otherwise. There has been
up to a 20% decline in house and land values in the high end homes
Whistler over the past couple years. Some blame the poor snow
fall leading to poor skiing/snowboarding conditions and of course
the high end homes Whistler are usually the market to feel the
hit first. It is hard to say where the high end homes Whistler
marketplace will go as the 2010 winter Olympics approach as there
are many factors that will determine the trends in the market.
High End Homes in Whistler
A couple of things are certain, the high end homes Whistler
prices will always be high and growing as there is always someone
wanting to build or buy something bigger and better than his
neighbor which will inevitably continue to spur the prices to
also increase. Other considerations that will possibly dictate
the values of high end homes Whistler will be how well the games
are marketed, snow falls of years leading up to the 2010 winter
Olympics and even how the world markets are doing. One thing
that is sure to happen is that any high end homes Whistler purchased
in today’s market is sure to appreciate in value just
based on supply and demand as the area grows the land decreases
driving up demand. The 2005/2006 year has seen massive amounts
of snow fall in the area and also the 2006 Turin Olympic games
were to held both possibly positive effects that will once again
stimulate the high end homes Whistler market.
What is the most expensive of the high end
homes Whistler?
The most expensive home is whistler was purchased for $11.2
million (CAD) in the Blueberry hill area. With exotic materials
imported from around the world such as Pennsylvania bluestone
or a German-made heating system complete with radiant floor
heating and an air-exchange system to filter our contaminants,
or windows with 4 times the insulation to that of a double paned
window make this a high end homes Whistler. While only a about
a dozen or so homes ever sell for more than $10 million, there
are a few more exclusive high end homes Whistler being designed
and built at the moment. The Villa in Sunri dge Plateau is projected
to be $17 million and a ghastly 10,000 square feet, The Couloir
for $20 million and another one for a mere $13 million creating
an all new ultra exclusive high end homes Whistler market. There
are plenty of other homes that are more than $2 million in high
end homes Whistler even though the market as dropped as much
as 20% in the past couple years. Speculation has the decline
pinned to the weak snow fall and poor skiing/snowboarding conditions
over the past couple years leading people to back down from
purchases in the high end homes Whistler marketplace.
With developers investing huge amounts of
money and taking on high risk big dollar estate projects in
high end Whistler Homes that will surely add to the
somewhat tiny ultra high end homes Whistler market, leads one
to believe the developers envision the area on the verge of
a booming market especially as these projects were conceived
during a 20% decline in property values over the past two years.
With the 2010 winter Olympics in sight, the public perception
is that the high end homes Whistler marketplace will skyrocket
as the world turns its attention to an undiscovered and on a
world scale, very cheap area to purchase real estate. This is
not true just for the high end homes Whistler market, but for
the city of Vancouver also. Although the area is the most expensive
city in the Canada, it is still a bargain when compared to the
likes of New York or London, and the world is about to discover
that over the next 4-5 years.
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