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Seattle Bubble Forum Archive • View topic - Audacious Flips and Renovations cont'd

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Audacious Flips and Renovations cont'd

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Re: Audacious Flips and Renovations cont'd

Postby WestSideBilly » Wed Oct 01, 2008 3:57 pm

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Re: Audacious Flips and Renovations cont'd

Postby biliruben » Sat Oct 11, 2008 7:52 am

I hadn't seen much in the way of true audaciousness recently, leading me to believe we were, well, past the top.



I was wrong!

127K in 1995....

37,995,000 in 2008!

It's nice...

Image

But not THAT nice.
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Re: Audacious Flips and Renovations cont'd

Postby Kittitas » Sat Oct 11, 2008 11:29 am

Flipping craze hits the sticks!

Sold brand new on 5-12-08 for 1,866,000. Now only 2,675,000. :shock:
http://www.redfin.com/WA/Cle-Elum/621-C ... e/16874665

It even comes with a "car barn" (!?!?!). A car barn people! pay up! Assessed value in only 411,000 though.
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Re: Audacious Flips and Renovations cont'd

Postby cheapseats » Sat Oct 11, 2008 4:33 pm

"builders grade lipstick"

I say we coin it flipstick...
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Re: Audacious Flips and Renovations cont'd

Postby tomtom » Tue Oct 14, 2008 8:42 am

Flippers are still active in Bryant:

Purchased Mar 28, 2008 $466,275
Now only $684,500

http://www.redfin.com/WA/Seattle/5738-2 ... ome/312198

Image
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Re: Audacious Flips and Renovations cont'd

Postby tomtom » Tue Oct 14, 2008 8:59 am

And another from the same listing agent

Prestigious Greenlake location ...

Ummm. 85th and Aurora is the land of hookers and crack.

Purchased Dec 26, 2007 $412,000
Now only $648,237

http://www.redfin.com/WA/Seattle/912-N- ... 1061952117

Image
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Re: Audacious Flips and Renovations cont'd

Postby tomtom » Tue Oct 14, 2008 9:06 am

See if you can spot the differences between the kitchens for the two listings above:

a) Image

b) Image
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Re: Audacious Flips and Renovations cont'd

Postby deejayoh » Tue Oct 14, 2008 9:23 am

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Re: Audacious Flips and Renovations cont'd

Postby Robroy » Tue Oct 14, 2008 12:40 pm

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Re: Audacious Flips and Renovations cont'd

Postby WestSideBilly » Tue Oct 14, 2008 2:30 pm

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Re: Audacious Flips and Renovations cont'd

Postby WestSideBilly » Tue Oct 14, 2008 2:35 pm

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Re: Audacious Flips and Renovations cont'd

Postby EconE » Thu Nov 13, 2008 12:23 pm

All I can say is WOW to this land flip.

@5 acres in Factoria purchased 08/08/07 for $1,255,000

now for sale for the low low price of $4,500,000

http://www.redfin.com/WA/Bellevue/12627 ... ome/417208

No greed here :roll:
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Re: Audacious Flips and Renovations cont'd

Postby deejayoh » Thu Nov 13, 2008 3:15 pm

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Re: Audacious Flips and Renovations cont'd

Postby WestSideBilly » Thu Nov 13, 2008 4:12 pm

54 units max, per the listing.

15-20 SFH vs 54 townhomes is worth $3 million? In a heavily overbuilt market?
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Re: Audacious Flips and Renovations cont'd

Postby deejayoh » Thu Nov 13, 2008 5:14 pm

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