We can substitute #-4# for #x# directly. Unlike other limit problems, the function is defined at #x=-4# so we can plug it right into the function.
#lim_(xrarr-4)(x+3)^2006=(-4+3)^2006=(-1)^2006=1#
Note that #(-1)^m=1# when #m# is even and #(-1)^n=-1# when #n# is odd. You can prove this to yourself by multiplying out a couple examples like #(-1)^3#, #(-1)^4#, and #(-1)^5#. In an even-powered example, each #-1# will be paired with another #-1#, leaving a positive result. With an odd power, there will always be one leftover #-1#.
You can also think about #(-1)^2006# as #((-1)^2)^1003=1^1003=1#.