Audacious Flips and Renovations

[WestSideBilly]

That property on 30th has a new listing at $589k.

http://www.johnlscott.com/propertydetai ... 592&Sort=0

Yep, still a bad deal.

[WestSideBilly]

[pumpkin]

[femto]

[deejayoh]

Zillow's neighborhood report for Ballard shows an 11.1% drop in the last 12 months and still dropping.

http://www.zillow.com/real-estate/WA-Seattle/Ballard

While I don't put too much stock in the "zestimate" for an indivual house - the neighborhood feature should be a pretty good indicator of trend across all sales.

[deeplennon]

It seems wonky to me, check out the cap hill page.

http://www.zillow.com/real-estate/WA-Se ... pitol-Hill

[Markor]

[deejayoh]

[deejayoh]

check out this attempt at a flip/save

Townhouse purchased 11/30/2005 for $459k (little more than 2 years ago)
now on the market for $560k (for 93 days)

http://www.zillow.com/HomeDetails.htm?zprop=63925779

also for rent, asking $2,500/month for a 15-18 month lease

http://www.windermereseattlepm.com/view ... .php?id=96

I rent a nicer, bigger T/H of the same vintage for $400/month less - in a better neighborhood

I wish them luck with their fantasy price or rent!

[wreckingbull]

[pumpkin]

(I accidentally posted this in the wrong thread -- sorry!)

"I'm on a roll now:

http://www.redfin.com/stingray/do/print ... id=1474042

630 NW 48th St
Seattle, WA 98107

last sale: Aug 31, 2007 $384,950
price today: $549,950

Unbelievable. "

[wreckingbull]

[Alan]

The upstairs rooms look short too. I think it is an artifact of their wide-angle lens intended to make the rooms look bigger.

[WestSideBilly]

[Alan]

http://redfin.com/stingray/do/printable ... id=1504680

12407 NE 140th St
Kirkland, WA 98034

Purchased 6/2007 for $218k.

They tore down the garage to subdivide the lot and I guess they ran out money. The house still needs to be repaired from where the garage used to be.

Asking $289k.