Posted by: Timothy Ellis (The Tim)

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

2 responses to “Cheapest Homes: May 2013 Edition”

  1. softwarengineer

    Good Term: Stale Homes

    That stale smell of mildew comes to mind….its what happens when inventory isn’t listed or sits priced too high too long for what ya get.

    As the Baby Boomers in groves retire on poverty incomes due to shrinking 401Ks, layoffs and TERMINATED pensions….they may likely make more “stale homes” lacking proper routine maintenance in the near future, as they wait for the elusive recovery.

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  2. Mike

    Are you sure the Elmgrove one should really make the list? I think you can buy a pre-fab shed a Home Depot bigger than that house. The (limitted) value of which must be in the land. Look at that price/sqft, there are tricked out million dollar homes that can’t match that level.

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