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Home / Townhouses / Central District / “Hot” Townhouse in the Central District

“Hot” Townhouse in the Central District

By July 8, 2014

Central District, Townhouses

Redfin has a new feature called “Hot Homes”, where they analyze hundreds of attributes to calculate the chances a property will sell within two weeks. The website labeled a two-bedroom, two-bathroom townhome in the Central District as a Hot Home, with an 81% chance of going pending in 11 days. A friend of mine lives in this small complex and I would agree. Metrics aside, this is a good find, both for its quality, price and, more importantly, the cool neighbors who live in the other units.

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(I think the home for sale is behind the one in the photo. Address: 1411 E. Fir St. Unit B)

I’ve visited these homes, located by the intersection of 14th Ave and Fir Street, a few times. The design is stylish, the finishes are high-end and the vibe is intimate. Recycled and locally-sourced materials play well next to high-end stainless appliances.

This particular home is 1,118 sq ft, spread out over three floors.

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While it’s not ideal to have townhomes fairly close to each other, you do get quite a bit of natural light on all three floors. The proximity also doesn’t hurt when your neighbors are interesting and fun. It does feels like a little community.

And the price ($411,000) is $64,000 less than the owner paid for it seven years ago. Granted, they bought the home right at the peak of the market, the list price still seems like a good value at $368/sq ft.

What do you think? Hot or Not?