I got a phone call reminder yesterday that my Veer Lofts appointment was today. To be honest with so many delays I’d completely forgotten about it.
Has anyone signed a purchase and sale in Veer in the last few days? If so, which units? How is the pricing?
The units I am interested in are:
- #312, SW facing, flat, 760 square feet, $410-$425k, $539-$559/SqFt
- #412, SW facing, flexi-loft, 636 square feet, $504-520k, $805-$830/SqFt
- #414, W facing, flexi-loft, 687 square feet, $405-420k, $589-611/SqFt
- #514, W facing, flexi-loft, 687 square feet, $410-425k, $596-618/SqFt
Of these units, #312, is probably closest in size and floor plan to what I reserved at Trace. Though it is probably about $65k cheaper.
And as a reference there are 25 units from 2200 on the market ranging from $545-1100/SqFt.
Popularity: 5% [?]
13 responses so far ↓
1 Dan Ji // Feb 21, 2007 at 9:30 am
I passed on my appointment, even though the sales center is about 100 yards away from home. I do think the units at the Veer are nice places to live - but the 2 year restrictions are a bit harsh (what if I have to move for a job?), and the HOA - at nearly $0.40 sq/ft seem too high. As reference, the HOA at the 2200 is $0.55, but that includes a LOT of amenities.
Of the units available, I would have purchased either #206/306 (largest flat), or 212/312. I LOVED the 6th floor Full lofts, but the price seemed high, and the flexi lofts might be a tough sell since you can’t include the flexi space in a listing… that’s also why the $/sq ft is so out of wack up in your post.
Another option for those who simply use a condo to sleep & use the city as a living room - those 2nd floor east facing flats seem like a decent bargain in the mid 200’s.
2 Rachel // Feb 21, 2007 at 10:36 am
I am glad you posted about this. I was wondering about it.
We had a first day appointment, but canceled it. At this point Trace seems like a better option. I am much happier with Trace’s location, units, and finish date.
In a conversation at the table next to me at Umi Sake House on Monday night there were people excited about their home selection date, about Veer’s location, and even about Bocce Ball. So someone must be signing.
3 Matt // Feb 21, 2007 at 10:43 am
I went to my appointment but didn’t purchase anything (though I might later today. Though I don’t know where I’ll find the 5%… (details…)) Sales have been going extremely well. I am completely shocked by how many they’ve sold.
Rachel, I like Trace too but the price per square foot is better at Veer for most units. Keep in mind you got one of the best value units in Trace :) the other units at Trace are quite pricey.
4 Alex // Feb 21, 2007 at 12:25 pm
Matt, I was wondering how many they have sold so far, and which ones seem to be the most popular? About what percentage of the units have been sold?
Reason I ask is because my appointment isn’t until late on Saturday the 24th (I think I honestly have the last appointment). I am trying to gauge what will be left by the time I go in, I am not geting my hopes up. I am looking at the small and mid sized flats. Thanks.
5 EconE // Feb 21, 2007 at 1:41 pm
How many condo’s are you buying Matt?
Just curious.
6 Matt // Feb 21, 2007 at 1:44 pm
Just one. Right now I’m shopping for what I’ll live in after the Meritage. I might buy at Trace, Veer, Rollin or something ‘used’. Or maybe I’ll lose confidence in the market and just rent at any of those developments.
7 jo // Feb 21, 2007 at 6:50 pm
find your 5% on one of those credit card check offers :)
im assuming those sq footage for the veer flexi lofts include the 5ft ceiling height areas?
8 Matt // Feb 21, 2007 at 8:34 pm
jo, I actually swung most of the Meritage earnest money with one of those credit card cheque offers :). Much more cost effective then cashing out part of my stock portfolio.
No, those square footages do not include the flexi loft areas.
9 alisa // Feb 22, 2007 at 9:44 am
i was told that everything under $300k was gone and the next price point was at $340k. my real estate agent emailed to tell me that all the units that were around $300k went up to $340k.
10 rick // Feb 23, 2007 at 10:16 am
Went there on the morning of 2/2, they’ve sold about 40-50 of 100. Units will be available to the public this Sunday. The lowest priced units (Several flexi’s and 2 flats) started at around $350. Everything else was around $400k. You can’t beat price per square foot for most of these units in Dt Seattle and SLU for new construction.
I’m predicting 75% sold by the end of Sunday.
11 Matt // Feb 23, 2007 at 10:18 am
Rick, did you buy a unit?
12 rick // Feb 23, 2007 at 9:09 pm
My girlfriend was looking. The units available were out of her price range (
13 rick // Feb 23, 2007 at 9:11 pm
it’s now an 18 month no selling for profit or renting restriction, lowered from 24 mos.
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