Supply and Demand (and Seattle Real Estate)
June 23, 2010 by Erin Schedler · Leave a Comment
Every Monday I get a “sneak peek” tour of new listings in my office. This week I went to properties in West Seattle, Pinehurst and Wallingford that were about to come on the market. One home was listed for $539,000 on Wallingford avenue (near Julia’s —- yum!). My first reaction to the home was “cute but [...]
Price Reduction – Windermere
October 13, 2009 by Erin Schedler · Leave a Comment
5760 64th Ave NE
This listing has been on the market for 342 days. I toured it when it just came on, and feel like the only reason it’s not moving is price. The location is ideal and the views of Lake Washington are significant.
It was originally listed for $2,380,000 and is now at 1,718,000. (There [...]
Price Reduction – 4008 NE 40th St (Laurelhurst)
September 15, 2009 by Erin Schedler · Leave a Comment
Originally listed in July for $780,000
Price reduced in August to $760,000
Price reduced today (Sept 15) to $689,000
Personally, I think it’s still listed too high. This part of Laurelhurst just doesn’t command the same price points (Waterfront excluded) as other central areas of the neighborhood. That, paired with the fact that it needs significant upgrades (kitchen, baths, etc.) I wouldn’t [...]
Erin’s Home Review – 4012 41st Ave NE
September 10, 2009 by Erin Schedler · Leave a Comment
This home came on the market last Tuesday, September 1st, for $647,000. I promptly attended the broker’s open to get the inside scoop.
I was surprised to see what a “fixer” it was. The hardwoods needed refinishing, the kitchen: a complete overhaul. The back deck takes up most of the backyard, and I was nervous to stand [...]
