Investing in a ski resort property is an exciting prospect, but not all resorts offer the same return on investment. Big White has cemented itself as a strong candidate for those looking at ski-in, ski-out real estate. With its incredible amenities, rental demand, and apres ski village, this resort provides excellent potential for property owners. But how does it compare to competitors like Sun Peaks and Silver Star? Let’s take a gander at some of the contributing factors making Big White property for sale a sound investment.
Big White vs. Competing Resorts
When it comes time to hit the slopes, Big White is known for its champagne powder, large network of runs, and unmatched family-forward attitude. Unlike Sun Peaks and Silver Star, Big White has fortified itself as a major destination in B.C., attracting skiers from all around the globe. Despite its popularity, even the busiest days still offer minimal crowds, thanks to the vast skiable area. The resort features over 118 marked runs and an impressive ski-in, ski-out village that attracts investors and resort skiing lovers on a global scale.
Another major selling point is the convenience of its location. Big White is just 45 minutes from Kelowna International Airport, providing easy access for international and out-of-town visitors. Sun Peaks, on the other hand, requires a longer drive from Kamloops, and Silver Star is quite far from the nearest airport. This accessibility increases the demand for rentals and boosts occupancy rates, which is a key factor in ROI.
Beyond skiing, Big White offers a complete resort experience. With one of Canada’s best night skiing operations, ice climbing, a tubing park, and a great après-ski scene, Big White’s visitors have no shortage of things to do. As mentioned above, the resort primarily focuses on offering a family experience. However, there’s also an emphasis on adventure seekers and those looking for a relaxing getaway.
Big White Property for Sale Price Comparison & Rental Yields
Real estate prices at Big White are competitive with Sun Peaks and Silver Star. While all three resorts have seen appreciation in recent years, Big White has a strong value per square foot. Sun Peaks, being the fourth-largest ski resort in Canada, tends to have real estate costs similar to those of Big White. The prices at both resorts for a single-family home sit well over a million dollars which can make entry-level investments more challenging. Silver Star, is slightly cheaper, but offers a less developed village with fewer amenities,
The rental market at Big White is always booming. Demand for vacation rentals is high, with both short-term and seasonal bookings providing strong returns. Many property owners report high occupancy rates during peak winter months. With direct booking platforms and local property management services available, renting out a Big White home is more accessible than you might imagine. Additionally, with the need for staff housing on the hill and accommodation for Big White’s events, there is always demand for rental units.
Recent sales data indicates that Big White’s investment potential is about to improve. Prices are projected to increase this year, with new developments in the works to meet demand. Even with this growth, the market remains more affordable compared to Whistler or Banff, making it a more approachable investment opportunity.
Big White Offers a Summer Program
While skiing and snowboarding are the main draws in winter, Big White has started to offer a summer program that makes it a true four-season destination. This extends the rental season, providing investors with opportunities to generate income outside of peak months.
Summer at Big White is gaining popularity, with activities such as mountain biking, hiking, and festivals bringing visitors to the resort. The recently developed bike park has become a major attraction, drawing downhill riders. Gorgeous hiking trails, guided nature walks, and summer chairlift rides show off the grandeur of the Okanagan.
Another advantage is Big White’s proximity to Kelowna’s wineries, golf courses, and Okanagan Lake. Visitors can enjoy a morning on the mountain and an afternoon touring local vineyards or paddleboarding on the lake. This dual-season appeal ensures steady tourism and increases the potential for year-round rental income, something that not all ski resorts can offer.
Investing in Big White Property for Sale
For buyers looking to own a piece of a world-class ski resort, Big White presents an exciting opportunity. With competitive pricing, strong rental demand, and continued development, the resort offers a promising return on investment. Big White stands out as a top contender among Canadian ski destinations!
If you’re considering a Big White property for sale, now is a great time to explore your options. Contact me today for help finding the perfect property to fit your goals.
