urbnlivn, a seattle condo & real estate blog

Montage Condo on Capitol Hill

March 21st, 2008 · Comments · By Matt

A reader emailed me recently wondering if I had heard of Montage condos on Capitol Hill. I hadn’t so I swung by Bolyston and Union one morning and snapped some photos:

Montage Condo on Capitol Hill, Seattle, WA

Here’s what the reader had to say:

I was just curious if they’d started listing or selling at all, or if they’d promoted themselves to the RE community around here. I live 5 minutes away on foot and even I forget about them sometimes.

The building is 3-4 stories tall and is painted an ugly shade of green; the same color they use for the “trim” on their web site. From the outside it looks like the only thing they have left to add is the terraces. The unit sizes seem generous and I really wonder if the prices they’ve chosen represent a fair market value for that area.

Details:

  • 23 units
  • 1 and 2 bedrooms
  • 661 to 1121 square feet
  • Priced from mid-$300’s to $600’s
  • On sale late April (glad to see another condo not messing around with pre-sale bullshit. It’s much nicer to walk through the almost finished thing when you’re signing your purchase and sale.)

Popularity: 10% [?]

Tags: Montage

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  • Worth, what, maybe 1/3 or 1/4 the listing price? Maybe? What a mess.

    When will panic break out among the buyers like it has at the truly doomed Site 17.
  • newbuyer
    I like the design packages. I also think that the price seems alright.
  • Ilona Richter
    Hi Matt - We represent the developer of this project & appreciate the mention in your blog. We've been pretty low key with the marketing so far since, as you've pointed out, buyers should have the (near) finished product available to them before making a purchase decision. No surprises, no disappointments. Also, in this market we don't think that buyers should subsidize a developer's marketing costs. Anyway, thanks again for the mention. If you or any of your readers has specific questions about the project, I'm more than happy to answer them. Thanks again!
  • PistolPete
    i've said it before and will say it again....builders, developers, etc...will continue to build fugly because there are those masses that continue to "buy".....unless there is a boycott of "not" buying these hideous things...nothing will change :)
  • Ben
    Around $550 a sqft for the bigger condos. This is a huge sum of money to live in this area IMO.

    Looks like another developer who has not got the memo about changing housing market conditions, or one who has the memo and hopes to find buyers who have not.
  • anonymous
    Do they even make condos anymore that don't have the kitchen exposed or butting right up to the living room or front entrance?

    Every one of these floor plans practically put you into the kitchen. Either when you walk in or when you want to hang out in the living room. yuck.
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