In our conversation last week about median prices, David Losh brought up an interesting question: It would be interesting to see what the median price buys you this year compared to last year, or the year before. With some neighborhoods around Seattle showing year-over-year gains in their median prices, it would be informative to see…
Tag: anecdote
Million Dollar Decision Making
In the spirit of this 2007 post… let’s say you have a million bucks that you’re going to use to buy some real estate… Option 1: A 3,150 square foot “beautiful, well maintained Craftsman” sporting an “open floor plan with designer touches,” located on a 4,584 sq. ft. (0.1 acre) lot in the idyllic 47th…
High End Real Estate: Seattle vs. Wisconsin
An example of a $2.5 million property in Seattle: 4-bed, 4.5-bath 2-story in Magnolia 4,440 sqft 5,029 sqft lot 2008 property tax bill: $18,286 “sweeping sound and mountain views” An example of a $2.5 million property in Wisconsin: 2-story stone lodge in Couderay 407 acres 37-acre private lake 2008 property tax bill: $14,948 8-car garage…
Drive by sign of the times
Everyday for well over a year I drive by this development hovering over Hwy 2 as you head eastbound to Lake Stevens or Snohomish. I noticed this one lonely house (with paint all over it) with a tree surrounded by vacant lots. Late this afternoon on my way home from the office in Everett I…
Reader Story: Buying a Bank-Owned Home
Tomorrow we’ll have the monthly foreclosure report for May, but today here’s a comment left by “Ross” in the reporting roundup last week that deserves to be highlighted. Ross recounts his experience attempting to buy a bank-owned (i.e. – foreclosed) home: On a foreclose property I was watching, here’s my experience: Last purchase price (2006)…