I™ve just sold a Single-family property at 7710 Pemberton Portage Rd in Pemberton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
I™ve just sold a Single-family property at 1486 Lupin St in Pemberton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
I™ve just sold a Resale – single family property at 1475 Balsam St in Pemberton. Come and visit my site to see other properties in that area. If you are interested in looking for or selling your home, please Contact Me.
Building on the last BLOG post — do you think that it is convenience and/or coincidence that while the recent press has had an article about airport expansion and 70 seater jets landing in Pemberton that we are also facing a closing of the doors of the Pemberton Valley Golf & Country Club.
And oh by the way, runway expansion likely means required land use that would come from the Golf Course.
And so the question — convenience or coincidence !
Let your opinions be known and your voices be heard !
It is hard to believe that in just a short time the doors to the Pemberton Valley Golf & Country Club can be closing.
This is such an incredible asset — not just for golfers from Whistler, Pemberton and afar, but for all the locals of the beautiful Pemberton Valley.
The golf course is a tremendous asset for the entire Valley and all of those of us that live here.
I truly hope that our local and provincial government will not simply sit back and let the doors close.
If you share my feelings – please call or write to the Pemberton Mayor and Council and to our local MLA Joan McIntyre — and let your feelings be known.
This is NOT the time to take a passive “back seat” !
Real estate is hot again
Sales in Whistler and Pemberton are up in numbers and dollar valueBy Claire Piech – PIQUE NEWS MAGAZINE
After a few sluggish years, the Whistler and Pemberton real estate markets are bouncing back with force.
In fact, according to stats released from the Whistler Listing System, the first half of 2007 has already seen a dramatic increase in sales for both communities.
In Whistler, unit sales have increased on average 128 per cent over the same period last year, and dollar volume has increased 250 per cent. Most notably are vacant land unit sales, which are up 240 per cent in volume and 532 per cent in dollar value to more than $31 million.
Broken down, the numbers show 79 chalets sold for a total of more than $136 million in the first six months of 2007, compared to 45 sales worth $67 million last year.
The trend continues in condominiums and townhomes. As of June 30, 258 condos sold for a total of $221.66 million, compared to 154 units worth $102.4 million last year.
The trend is also reflected in Pemberton, with an average 178 per cent increase in unit sales and 161 per cent increase in dollar value.
So why are real estate sales up so much this year?
Mike Wintemute, general manager for RE/MAX Sea to Sky Real Estate, said the recent growth is a result of investors catching on to an undervalued market.
Since the market peaked in 2002, sales have been low and properties have appreciated little in value. Moreover, because construction costs have increased 50 per cent over the past five years, properties are selling for less than their replacement value.
œBoth Whistler and Pemberton right now are considered good buys. If you talk to people in the Lower Mainland, that is the word on the street, Wintemute said, adding that the Olympics has not played a part in the recent boom.
Moreover, property prices are expected to rise in both communities, as sales start outpacing listings.
œWe™ve already seen increases in the upper end of the market, and it has been kind of filtering down. Usually you see it the other way in the market, said Wintemute.
He said that while investors come from all over the globe, most are still from the Lower Mainland.
œHowever we certainly do get the Brits buying, especially in the more expensive homes, because they perceive Whistler as very good value, said Wintemute.
He added that fewer US buyers are showing interest in Whistler this year.