THE WHISTLER MARKET The home types referenced for Whistler in the rennie review differ from those in the rest of the Vancouver Region owing to Whistler’s status as a resort municipality and its associated prevalence of second homes and investment properties. A chalet refers to single ownership of a detached home. It excludes fractional ownership. A Residentally-zoned attached property refers to single ownership of an attached home (condo, townhome, duplex, triplex). It excludes fractional ownership and any nightly rental accommodation. Fractional ownership refers to homes that have multiple owners on title with prescribed duration allowances for use (as owner-occupied units or as rentals) over the course of the year. This category would include anywhere from ½ ownership to ⅒ ownership, or less. Unrestricted nightly rental refers to properties with a Phase I covenant on title (which allow for unrestricted short-term rentals). Restricted nightly rental refers to properties with a Phase II on title (which restricts owner use of the home to 28 days during the first six months of the year and another 28 days in the second six months of the year).
Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of August 6, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 67 ●
Made with FlippingBook - professional solution for displaying marketing and sales documents online