{"id":20870,"date":"2012-07-16T09:44:46","date_gmt":"2012-07-16T16:44:46","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=20870"},"modified":"2012-07-17T00:03:56","modified_gmt":"2012-07-17T07:03:56","slug":"the-battle-of-the-flippers-everyones-a-winner","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2012\/07\/16\/the-battle-of-the-flippers-everyones-a-winner\/","title":{"rendered":"The Battle of the Flippers: Everyone&#8217;s a Winner"},"content":{"rendered":"<p>Back in April two similary-specced homes hit the market on my street in what I referred to as &#8220;<a href=\"http:\/\/seattlebubble.com\/blog\/2012\/04\/11\/a-front-row-seat-to-the-battle-of-the-flippers\/\" title=\"A Front Row Seat to the Battle of the Flippers\">The Battle of the Flippers<\/a>.&#8221;  As of last week, both homes have now sold, so let&#8217;s check out the results:<\/p>\n<h3>The Contenders<\/h3>\n<p><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3417-Wetmore-Ave-98201\/home\/2684981\" title=\"3417 Wetmore Ave Everett, WA 98201\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/07\/Wetmore-Flip-Battle-SOLD_3417-Wetmore.png\" style=\"float:right; margin:0 5px; width:295px; height:325px;\" alt=\"3417 Wetmore Ave Everett, WA 98201\" title=\"3417 Wetmore Ave Everett, WA 98201\" \/><\/a><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3609-Wetmore-Ave-98201\/home\/2693320\" title=\"3609 Wetmore Ave Everett, WA 98201\"><img decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2012\/07\/Wetmore-Flip-Battle-SOLD_3609-Wetmore.png\" style=\"float:left; margin:0 5px; width:295px; height:325px;\" alt=\"3609 Wetmore Ave Everett, WA 98201\" title=\"3609 Wetmore Ave Everett, WA 98201\" \/><\/a><\/p>\n<table cellpadding=\"0\" cellspacing=\"0\" style=\"margin:0; clear:both;\">\n<tr style=\"border:0;\">\n<td style=\"border:0; background:#FFFFFF;\">\n<h3><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3609-Wetmore-Ave-98201\/home\/2693320\" title=\"3609 Wetmore Ave Everett, WA 98201\">3609 Wetmore<\/a><\/h3>\n<ul style=\"margin-top:-20px;\">\n<li>2 Beds, 1 Bath, 1,106 square feet<\/li>\n<li>4,792 square foot lot<\/li>\n<li>Built in 1912<\/li>\n<li>Bought Jan. 12, 2012 for $91,500<\/li>\n<li>Sold Jul. 12, 2012 $186,000<\/li>\n<\/ul>\n<\/td>\n<td style=\"border:0; background:#FFFFFF;\">\n<h3><a href=\"http:\/\/www.redfin.com\/WA\/Everett\/3417-Wetmore-Ave-98201\/home\/2684981\" title=\"3417 Wetmore Ave Everett, WA 98201\">3417 Wetmore<\/a><\/h3>\n<ul style=\"margin-top:-20px;\">\n<li>2 Beds, 1 Bath, 1,184 square feet<\/li>\n<li>4,356 square foot lot<\/li>\n<li>Built in 1910<\/li>\n<li>Bought Jan. 25, 2012 for $82,000<\/li>\n<li>Sold Jun. 25, 2012 for $127,000<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/table>\n<p>Both homes actually went pending then back on the market twice before finally snagging a buyer that would actually close.  Despite this difficulty, both flippers basically got the price they were asking for at the start (100% sale to list for 3417, 98.4% for 3609).<\/p>\n<p>I tried to get inside for a look at both homes while they were on the market, but only succeeded in getting a look at 3417 Wetmore, thanks to the very friendly listing agent <a href=\"http:\/\/x370833.yourkwagent.com\/\" title=\"Aaron Haack\">Aaron Haack<\/a>, who gave me a personal tour despite knowing up front that I had no interest in buying and just wanted to see the home so I could blog about it.<\/p>\n<p>Based on my tour of 3417, I can definitely see why it was priced so much lower than the home at 3609 that was flipped by <a href=\"http:\/\/www.urbangracesdesign.com\/\" title=\"Urban Graces Design\">Urban Graces Design<\/a>.  Let&#8217;s just say that the craftsmanship on display at 3417 probably won&#8217;t be featured in Better Homes and Gardens anytime soon.<\/p>\n<p>Despite the superior quality of the work at 3609 Wetmore, I&#8217;m still surprised that a home with a 21% smaller lot, 32% less square footage, fewer beds and baths, and no basement sold for just 17% less than I paid for my house two doors down a little over a year ago.  Apparently quality craftsmanship plus good staging plus tight supply plus insanely low interest rates equals a surprisingly high sale price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in April two similary-specced homes hit the market on my street in what I referred to as &#8220;The Battle of the Flippers.&#8221; As of last week, both homes have now sold, so let&#8217;s check out the results: The Contenders 3609 Wetmore 2 Beds, 1 Bath, 1,106 square feet 4,792 square foot lot Built in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[206],"tags":[160,347,732,733,854],"coauthors":[],"class_list":["post-20870","post","type-post","status-publish","format-standard","hentry","category-features","tag-everett","tag-flip","tag-rehab","tag-remodel","tag-wetmore"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Battle of the Flippers: Everyone&#039;s a Winner \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2012\/07\/16\/the-battle-of-the-flippers-everyones-a-winner\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The Battle of the Flippers: Everyone&#039;s a Winner \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Back in April two similary-specced homes hit the market on my street in what I referred to as &#8220;The Battle of the Flippers.&#8221; 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