I used to just watch new listings and price reductions on new construction, Capitol Hill condos and Seattle lofts but there hasn’t been anything good for weeks even with our so called inflated inventory levels. I’ve since expanded to the whole city and still nothing interesting. However, this loft did pop up today - 80 S Jackson St #203. $568,000 for 980 square feet so $580/square foot which seems high for Pioneer Square considering it doesn’t have a view. Though you do get a nice sized storage locker, a real shower (not awful plastic tub!) and access to a roof top patio.
If you see any unique condo listings let me know.
Popularity: 7% [?]
5 responses so far ↓
1 nitsuj // Jan 30, 2008 at 10:26 am
Love the brick and the shower. Not $580k love, more of a 6th grade puppy love.
2 Chris // Jan 30, 2008 at 11:49 am
We can build what we can afford. I think the higher-end buildings ahve been done quite well and that quality and price points are highly correlated. Their is a fairly limited demand for condos pricing at $700 psf. Below that, the quality of construction is lowered as projects have to be financable. Amenities like decks, quality exteriors, and expensive windows are cut back to make the project work. Absent budget for those items, attention to other details is overshadowed by juliet balconies, 100% lot coverage, hardi-panel siding, small vinyl windows and other things that make for “bad” design.
Am I off here? any examples where more affordable project knocked it out of the park on design?
3 Chris // Jan 30, 2008 at 11:50 am
sorry, replied to wrong thread accidentally
http://www.urbnlivn.com/2008/01/23/slu-“urban-form”-charrette-held-to-evaluate-upzoning-proposals/#comment-29343
4 jo // Jan 30, 2008 at 12:42 pm
call me crazy, however i think mosler was affordable and knocked it out of the part
5 Matthew // Feb 1, 2008 at 5:13 pm
The shower is nice, seems pretty roomy too, but in Pioneer square 560k seems steep… More than doubled its pricetag since 2002, but seems like some substantial upgrades…
I agree with Matt, seems like a lot more units on the market, but none that are that interesting…
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