Whistler Real Estate
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Whistler real estate is widely regarded as North
America's premier 4-season resort, and a great place to invest
in real estate. Whistler being the home of Whistler Blackcomb
Mountains, site of North America's finest skiing, snowboarding
and numerous summer activities including mountain biking is
just one of the many reasons why your investment dollars in
Whistler real estate will be financially worthwhile.
Why buy Whistler Real Estate?
Whistler has been recognized as the #1 Ski Resort in North America,
attracts over two million visitors annually and is now host
to the 2010 Winter Olympics! Whistler real estate is a scenic
2 hour drive north of Vancouver, British Columbia, Canada. Our
two mountains, Whistler and Blackcomb, give both skiers and
snowboarders access to over 7,000 acres of skiable mountain
terrain to enjoy. As well as being voted the #1 Ski Resort in
North America, Whistler is also a four season destination resort
with five local championship golf courses, fishing, mountain
biking, hiking, rock-climbing, camping, whitewater-rafting,
sightseeing and nature tours. Whistler real estate is on the
rise with many development projects yet to be completed in time
for the Olympics.
Whistler Real Estate Information
When considering a Whistler real estate purchase
you will find a review of the locales helpful. Different areas
in Whistler offer different types of real estate accommodation
choices and features. Whistler's real estate varies from chalets
to townhomes and condominiums. From the family environment of
Tapley's Farm and the commercial / industrial centre of Function
Junction to the mountain top chalets of Brio, Whistler provides
you with a variety of real estate choices so that you can be
sure to find a property that suit your needs.
Whether you are purchasing
real estate in Whistler as a full time residence or for investment
purposes it may be one of the largest investments you make in
your lifetime. At Whistler, you have choices to a variety of
Whistler real estates and ranges from condos / condominiums,
chalets, townhomes, and luxury homes.
Whistler Real Estate Market Trends
Offering every type of Whistler real estate
opportunity imaginable, Whistler is a great place to call home.
With prices ranging from under $100,000 to in excess of $10,000,000,
Whister has the right investment for you. The best selection
of Whistler real estate investment properties can be found in
the condominiums and town-homes category. Most of these units
are located or are in close proximity to the ski-hills and offer
an opportunity for rental income with full-time management options.
The total value Whistler real estates sold has
increased steadily over the years and prices have risen as well.
However, Whistler still offers excellent value when compared
with other resort areas of similar reputation and quality.
Important Questions to Ask Yourself
When Considering Buying Whister Real Estate
Your first step to buying a Whistler real estate is to first
ask yourself why you Whistler real estate want to buy. Most
people who buy Whistler real estates do so for one of more of
these reasons:
To
stop paying rent
Vacation
home
Revenue
potential
Increase
net worth
To
have a place of your own
To
downsize
To
raise a family
To
upgrade to a bigger house
It is also important to consider the area or neighborhood
of the Whistler real estate you are interested in purchasing:
New
development or older and settled
Walking
distance to the local ski hill Blackcomb or Whistler Village
amenities
Near a particular school zone, recreational facilities or bus
stop.
Also, think about Whistler real estate property
types: condos, chalets, townhouses, luxury homes.
How
much space do you need?
Consider size and kind of property?
Do you want a home with mountain views?
Do you want a property with lots of sun exposure?
Do you want a newer home or maybe an older one to renovate?
Do you want a rental suite to generate some revenue and help
pay off the mortgage?
Whistler Real Estate Types
There are three types of Whistler Condo /
Condominiums:
Phase I Whistler Real Estate
Also known as "unrestricted units." Generally, there
is one to four bedroom condominium units ususally with individual
own front doors as opposed to a common entrance shared amongst
different units. There are no restrictions on the owner usage,
but organized rental programs are available for those times
when the owner is not using the unit. With the Phase 1 units,
owners also have the option to do their own rental. This is
the most flexible option for owner usage. If the unit is in
a rental program the owners need to give the appropriate notice
as per their contract for usage.
Phase II Whistler Real Estate
Also known as "restricted units." These are studios
and one to four bedroom apartment condominiums incorporated
into an ongoing hotel operation. The owner determines the number
of days in the winter and in the summer is restricted to 28
days per season. These reservations are prebooked on a 6-12
month calendar with some flexibility for shorter notice bookings
depending on the hotel occupancy. There is some variety among
the different hotels. Benefits include revenue, various hotel
services and amenities. This type of unit is best suited to
the occasional visitor to Whistler or for the investor interested
in revenue only.
Whistler Real Estate Quarter Share
These are the newest concept to Whistler. These Whistler real
estate units have up to four owners on title, each allowed 1-week
per month. If you do not use your suite it is rented out as
a phase 1 through the front desk management services. A great
way to own a larger unit for a much lesser price if you do not
need unlimited accesses.
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