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Toll Free: 1-800-663-2838
Local: 1-250-578-8222

Recreational Real Estate in British Columbia

Owning recreational real estate in British Columbia was often property that had been in the family for generations — where families spent summers lakeside or Christmas holiday’s at the ski cabin at Tod Mountain.

With housing prices in Vancouver and the Lower Mainland soaring higher and higher to a point where the average detached home is now worth more than $1.5 million dollars — many homeowners are now selling out, cashing in and heading for the hills.

It’s not hard to see the allure of selling your home in Vancouver, escaping the hustle and bustle of big city life and spending your golden years enjoying the quiet tranquility of living in a place like Sun Peaks Resort.

A lot of people are wanting a lifestyle change and Sun Peaks is certainly on their radar. The current housing market and home prices in Vancouver and the lower mainland are allowing people to look at higher-end recreational real estate outside of that market. They have more equity in their homes than ever before and if they do choose to sell and move out of the city, their dollar goes further in a place like Sun Peaks compared to markets like Whistler.

While resort development in British Columbia slowed somewhat after 2008, Sun Peaks as a community has surged in population and popularity in recent years seeing successes in becoming one of British Columbia’s’ newest Mountain Resort Municipalities, the launching of a hugely successful on mountain school for grades K to 12, the announcement of the opening of an NHL sized ice rink and a state of the art community medical centre slated to open in 2018.

While many buyers were cautious after 2008 with regards to purchasing recreational real estate in British Columbia, sales in Sun Peaks have remained strong over the years and a lot of that is due to the steady growth of the community.

And as the Sun Peaks community continues to expand it’s clear that the lifestyle of mountain resort living is becoming more and more popular. It’s not only people retiring from Vancouver and elsewhere, but also many young families are looking at the lifestyle offered and the affordability of housing outside the lower mainland in a place like Sun Peaks.

Whether it’s cashing in and moving out of the big city, purchasing a vacation getaway for your family and simply being able to afford your first home, places like Sun Peaks and other recreational based communities in British Columbia are seeing increased interest.

Mountain air, clear lakes, blue skies and powder snow — it’s not a hard to see why people are making the move to Sun Peaks — Canada’s second largest ski area.

If you’d like more information on owning Recreational Real Estate in British Columbia contact the Sun Peaks Real Estate team.