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The Whistler Real Estate Company Limited
Spring is Here!
April in Whistler usually means some sunny and warmer weather.  This year ULLR has other ideas for us with more snow and colder weather so far.  I wouldn't be surprised to see a 400cm base in Whistler sometime by the end of this week!!
 
Spring and Summer will arrive sometime soon and with that a whole new set of adventures and fun!
 
Tina and I are excited to finally get our foundations started next week and eventually have the BONE Structure up shortly thereafter. We will make sure to keep in touch on the build process and appreciate any wisdom and advice you'd want to pass along.
Market Update
Market activity during the first quarter of 2017 stayed consistent with that of the previous quarter but was significantly below that of the same period a year ago.
 
As was identified in our last report, historically low levels of the number of properties for sale has restricted the amount of activity although there has been no reduction in buyer interest. This has caused values to continue to trend upwards.
 
Winter Season for the Record Books
April is now well underway and with the longer, warmer days upon us, we can now look back at the 2016/2017 winter season as one for the record books.
 
In March alone, the mountains saw a total of 320 cm of snow, making it the third snowiest March on record.
 
With a total of 1,188cm of snow through the winter season, Whistler Blackcomb officially surpassed its 10 year annual average snowfall (1,170 cm) - making for excellent spring skiing and riding conditions available through to May 22.
 
With so much snow, it is no surprise that visitor numbers are up across the board. As a result, many investment properties reported significantly higher returns in 2016 over 2015 and 2017 has started with a bang - welcome news for investors in Whistler and those looking to purchase revenue generating properties.
Tax Changes: Principal Residences
New for the 2016 tax year, owners who sell (or have already sold) their principal residence after January 1, 2016 must report this sale to the Canada Revenue Agency (CRA) in order to claim their full principal residence tax exemption.
 
Rob Palm
rob@wrec.com
604.905.8833
604.905.2860
My Website

Featured Events
May 19
Whistler Mountain Bike Park Opens
 
May 19 - 20
GO Fest, Whistler's Great Outdoor Festival - Celebrate spring with four days of events to welcome the warmer months.
More >>
 
June 3
Whistler Half Marathon - With a variety of distances to choose from, this annual event brings runners of all levels from near and far to experience a course specifically designed to showcase Whistler.
More >>
 
June 17 - 18
Tough Mudder - Do you have what it takes to complete this military-style team event? New this year is the overnight endurance event.
More >>
 
For more, up-to-date information about local events visit our events page.
In the News
From Our Blog
What is Whistler Like in the Spring?
Although Whistler is famous for its winters, spring is a favourite time of year for many locals. As winter and summer converge, there is an abundance of outdoor activities and events to keep you busy. Keep Reading >>
Buying a Whistler Property as a Non-Resident
If you are a non-resident looking to purchase a property in Whistler, you may be surprised to find out how easy it is. Whistler sees many foreign buyers each year and there are no restrictions or extra fees. Keep Reading >>

American Friends of Whistler
This local organization was developed to enhance the Whistler community and raises funds each year for various local organizations focusing on health, culture, arts, the environment, and outdoor recreation. Keep Reading >>
 
Featured Listing
1593 Tynebridge Lane
Spring Creek 
List Price: $2,695,000
Bedrooms: 4 |  Bathrooms: 2.5
 
This modern mountain home is the latest Bone Structure property to be completed in Whistler, guaranteeing unprecedented energy efficiency and endless design flexibility. The floor plan features open living, with beautiful interior finishes, abundant natural light and so much more. Picture yourself in the modern kitchen with family and friends relaxing in front of the fire while taking in the views from Mount Currie to Whistler Mountain. Indoor spaces give way to outdoor living with a covered side deck, enormous front deck & a beautiful private yard out back with amazing rock outcroppings and mature trees.
Whistler Contemporary Luxury Home
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604.932.5538 | 1.800.667.2993
The Whistler Real Estate Company Limited
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The Whistler Real Estate Company Ltd.  •  17-4308 Main Street  •  Whistler, BC V0N-1B4

http://www.robpalm.com/

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