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Weekly Wrap-up

By May 5, 2019

Market Report

Big real estate news this week as the senate passed two real estate bills; SB-5334 that reforms condo liability and should spur more condo development by limiting developer and HOA liability (yay!). The other, SB-5998, increases the excise tax for sales over $1.5m, and really increases it for sales over $3m, but lowers it for sales under $500k. In other news, 210 Comstock, an 8-unit boutique condo on Queen Anne started selling and already has 3 units pending (check out our new construction report for May for more condo developments.) And if you see a “not for sale sign” in a yard this is what that means.

With new listings up again, a lot caught our eye! Our faves – this 1956 mid-century by Robert Dietz in Magnolia. Wow! Followed by an “eco-modern” by Sean Bell in deep West Seattlea sweet Capitol Hill loftan updated mid-century on Mercer Islandan older townhome that breaks the moldas well as a new one in Highland Park. If you’re looking for something cheaper, here’s an updated mid-century in Burien. And if you’re looking for a project, will it be Wedgwood, or Beacon Hill

Get ready for summer with this end-of-dock Eastlake houseboat we just listed, only $375k. Or at 12x the price, a mid-century waterfront in Laurelhurst. But really this 1928 waterfront log cabin is too cute.  

Need a summer getaway? Here’s an estate on a private wake boarding lake, or if you want to own your very own lake, here’s a compound with five rustic cabins (Airbnb??). The river more your thing? Here’s a mid-century project on the Columbia. Or if you need a bike/ski getaway near Stevens, I like this Skykomish riverfront tiny a-frame

p.s. This weather is great! I can only assume Juneuary will be legit

I’m the founder and managing broker of Urban Living. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.

Get in touch to:

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Contact:

206-618-1600