Readers of this blog know that up-and-coming condos in Bellevue will cost $400k for 700ft², but what about up in Snohomish County? Well, your $400,000 won’t go much further, netting you a mere extra 100ft², and hopeful residents of Everett’s fancy new waterfront condos aren’t batting an eye.
But last week, Olsen said the condominiums would begin at about $400,000 for the smallest floor plan of 800 square feet. Larger floor plans of about 2,000 square feet, which Olsen said would be the most sought after, will run between $600,000 and $800,000.
For some on the waiting list, the cost of a waterfront home is virtually never too high.
“I intend to spend about $1 million,” Everett resident Ron Spelhaug said. “I’m ready; I’ll do it tomorrow.”
There’s a saying that comes to mind… something about more money than sense… More power to you, I guess.
(Krista J. Kapralos, Everett Herald, 02.19.2006)