Queen Anne & Magnolia News Real Estate - September 2018 by Pacific Publishing Company

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SEPTEMBER 12, 2018

VOL. 99, NO. 37

Seattle’s Changing Market Homebuyers who tired of a competitive real estate market filled with multiple offers, escalation clauses, and waived contingencies can start coming out of the Sam Konswa woodwork again. As anticipated, an increased volume of QUEEN ANNE listings is leveling REAL ESTATE both prices and inventory levels. This translates to longer lengths of time on the market, fewer competing offers, lower and less frequent escalation clauses, and even the occasional price reduction! Inventory levels for single-family homes were up by over 60% last month and condos were elevated by over 178%. While data never lies, summer travel and vacations histori-

cally make July and August difficult months to use as measuring rods for market predictions. Nonetheless, since the month of May, we started to see the tides shift. Real estate analysts and market economists anticipated this shift in 2018. Most predicted a leveling of inventory to occur in the fall, and continue throughout the end of the year. The Federal Reserve’s confidence in the national economy’s strength yielded two rate increases thus far, and there is an ongoing debate on whether they will raise rates in one or both of the remaining quarters of 2018. With a mildly elevated interest rate and a slight leveling of inventory, we can expect to see a less dramatic growth in home values. For the most part, sellers on Queen Anne and Magnolia are receiving strong offers from buyers, even if it takes properties a week or two longer to sell. One message we hear from buyers exhausted from the com Changing Market Page R7

Queen Anne Home Sales (Low to High) Address

Bed

Bath

Sq Ft

Built

Days on Asking Price Market

Sold Price

Sold Price/ Asking Price

1025 5th Ave W

2.75

3676

2018

$3,495,000

100.00%

200 W Highland Dr #504

1.75

1937

2009

$2,495,000

$2,750,000

110.22%

1620 8th Ave W

2.5

4030

1922

$2,295,000

$2,300,000

100.22%

709 W Garfield St

3.25

3870

1927

$2,395,000

$2,245,000

93.74%

356 Galer St

2.25

4710

1905

216

$2,250,000

$2,200,000

97.78%

1956 7th Ave W

2.25

2940

1928

$1,850,000

$1,910,000

103.24%

1808 1st Ave W

3.25

3499

1907

$2,100,000

$1,885,000

89.76%

121 Aloha Street

2.75

3520

1928

$1,950,000

$1,750,000

89.74%

1233 9th Ave W

2.25

3190

1930

$1,495,000

100.00%

1621 4th Ave N

2.25

2390

1923

$1,395,000

100.00%

2927 3rd Ave N

2.75

3140

1913

$1,325,000

$1,301,250

98.21% 107.17%

941 W Emerson St

2.5

2230

1987

$1,185,000

$1,270,000

2114 1st Ave W

2.5

2150

2013

$1,399,000

$1,250,000

89.35%

3219 13th Ave W

2.75

3980

1915

$1,249,000

100.00%

802 W Etruria St

1.75

2160

1940

$1,225,000

$1,220,000

99.59%

1215 6th Ave N

1310

1918

$1,300,000

$1,200,000

92.31%

501 Roy St #M312

1590

2007

$1,050,000

$1,138,000

108.38%

2575 13th Ave W

2.5

2000

2018

$1,135,000

100.00%

2420 8th Ave N #205

1500

1991

$1,050,000

100.00%

1536 2nd Ave W

1.75

1440

1905

$1,050,000

100.00%

Magnolia Home Sales (Low to High) Address 4117 W Barrett St

Bed

Bath

Sq Ft

Built

4.5

3,460

2013

Days on Asking Price Market 21

Sold Price

Sold Price/ Asking Price

$2,395,000

$2,160,000

90.19% 102.50%

3633 35th Ave W

3.5

3,750

2018

$1,999,950

$2,050,000

2632 26th Ave W

2.75

2,530

2012

$1,650,000

$1,635,000

99.09%

4025 Burton Ave

4,420

2018

$1,615,000

100.00%

2599 Crestmont Place W

2.5

3,040

1938

$1,580,000

$1,500,000

94.94%

2414 W Crockett St

2,840

1992

$1,495,000

$1,500,000

100.33%

3001 23rd Ave W

2.5

3,060

1999

$1,350,000

100.00%

2520 37th Ave W

2.5

2,940

1945

$1,375,000

$1,350,000

98.18%

3201 W Lynn St

2.75

2,814

2009

$1,239,500

$1,235,000

99.64%

3243 26th Ave W

2.5

2,330

1996

$1,185,000

$1,180,000

99.58%

2307 W Raye St

3.25

1,941

2018

$1,150,000

$1,175,000

102.17%

3021 W Garfield St

1.75

2,210

1950

$1,050,000

$1,060,000

100.95%

2628 W Plymouth St

1.5

2,700

1954

$1,150,000

$1,055,000

91.74%

3302 39th Ave W

1.75

2,500

1941

$1,080,000

$1,040,000

96.30%

4040 36th Ave W

2.5

3,160

2007

$949,000

$1,000,000

105.37%

3431 39th Ave W

1.75

2,340

1952

$950,000

100.00%

4604 34th Ave W

2.5

2,270

1909

$919,000

$950,000

103.37%

3229 22nd Ave W

1.75

2,360

2018

$1,995,000

$899,000

45.06%

2911 W Howe St

1,580

1927

$795,000

$890,000

111.95%

2817 34th Ave W

2.5

2,100

1987

$895,000

$888,888

99.32%

Life of Your Deck

Follow these steps to maintain your deck and keep it looking spotless all year long. By Jim Coshow, Dunn Lumber A deck is a significant investment, so of course you want to protect it and extend its lifespan. Prolonging the life of your deck (a well-built deck can last several decades if maintained properly) can be accomplished with seasonal maintenance—think of it like putting on sunscreen. If you wait to see the sunburn, the sunscreen won’t be much help. But if you apply the sunscreen before you begin to burn, you spare yourself the discomfort. In the same way, your deck needs protection from the elements. It will last longest and look best if you reapply that coverage before it has worn away. The type of deck you have will dictate your maintenance schedule and process. There are two primary types of decking

materials: wood, which generally requires staining and refinishing every year or so, and manufactured materials, which can easily be cleaned once or twice a year using one of the many easy-to-use products available for that purpose. Here are the basic steps you should take to keep each of them looking nice for the long haul.

Wood Decks

Cedar: Cedar can last more than 25 years with proper care, which includes routine cleaning and restaining—and may involve stripping and restaining. Softwood: Modified softwoods such as Kebony offer a durable, stable, rot-resistant  Deck Page R7

Queen Anne and Magnolia Neighbors Did you know that the Fall Real Estate Market in Seattle is almost as brisk as the Spring Market?

CB Bain South Lake Union

I hope that you have enjoyed this wonderful Seattle summer. As you wind down your vacations and begin to think about Fall, thoughts often turn toward enjoying our indoor spaces. Had you considered listing your home this year but thought that you missed the Spring market and that it is too late? Think again! Fall often brings a second surge to our city’s real estate market. Kids are back in school, days are shorter and the cool weather begins to make buyers ponder and contemplate their next home or where they might want to live and entertain for the holidays. If you are interested in buying or selling a home this Fall, or maybe both, I would love to help you. I have sold a number of homes in Queen Anne and Magnolia over the years including quite a few in 2018. We have seen an upsurge in market activity in early September and it is not too late to sell or to find your dream home for the holidays. Whether your are contemplating a move this year, or in the future, contact me to discuss how I can help you to realize your real estate goals and dreams! I would be delighted to provide you with a complimentary and confidential consultation!

206.919.6605 | lisaturnure@cbbain.com | lisaturnure.com

Experienced. Innovative. Trusted.

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When you work with our team at Coldwell Banker Bain you are hiring a team of exceptional Brokers committed to providing superior service to the people we represent. Our mission is to build long term relationships and to ensure our clients have a sustained advantage in the real estate marketplace. We accomplish our mission by being dedicated to providing our clients the best possible real estate buying or selling experience through our un-paralleled transactional expertise, integrity, team work, competent and caring advocacy, professional accountability and extraordinary knowledge of the real estate market. When you are ready to buy or sell your property, choose the best, contact Coldwell Banker Bain. Serving Greater Seattle real estate needs from the same location for 49 years.

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WASHINGTON PARK WATERFRONT $12,850,000

NEWPORT SHORES $3,980,000

BROADVIEW $3,695,000

WASHINGTON PARK $1,795,000

MADRONA $1,895,000

Betsy Q. Terry

MID-SEPTEMBER 2018

CAPITOL HILL $3,995,000

Jane Powers

MERCER ISLAND $4,495,000

BLUE RIDGE $2,350,000

206.322.2840

ewingandclark.com luxuryrealestate.com

Kristine Losh

Home & Real Estate

MID-SEPTEMBER 2018

“Ask Sam”

Sam Konswa

Question: A lot has been said about the changing market and heightened levels of housing inventory. Since some homes are spending more time on the market, how should sellers adjust their expectations and strategy?

example, many Queen Anne homes have limited outward expansion available. So, finishing or partially finishing attic or basement space to demonstrate livability is a simple and often overlooked consideration. At our firm, it is not uncommon for many weeks of listing preparations to occur before staging and a photographer are brought in.

In addition to the physical preparations, listing a home involves an element of QUEEN ANNE strategic price positioning. For a while, REAL ESTATE Answer: Until some believed there was no danger recently, nearly any in underpricing a home because high home sold for above the listed price in demand and low inventory would a matter of days with or without basic correct the value with multiple above preparations like de-cluttering, fresh list price offers. Today, this would be paint, yard tidying, or staging. Inventory a very poor approach. Since fewer was so low buyers practically lined homes are receiving multiple offers with up as soon as listings posted. By and price escalations, properties should be large, offers were plentiful, contingency- priced to reflect the market indicated free, and above the listed price. The value. With more properties available, market was dizzyingly fast for both underpriced homes are less likely to yield buyers and sellers. A high level of the intended frenzy of buyers and more determination, speed, strategy, and likely to spend longer on the market, bare-bones, contingency-free offers for receive only one offer, receive offers above the listed price were the minimum with more contingencies, or receive an requirements for getting an offer offer for less than the list price. These accepted. In addition, cash offers, quick scenarios can result in underpriced closings (sometimes 5 days or fewer!), properties selling for less than if priced waiving inspections, allowing sellers to appropriately. Thus, for sellers, pricing is remain in the property for additional time a crucial strategic component. (for free), and other incentives became typical winning offer attributes. Under Understanding the unique market those market conditions, sellers needed conditions at the exact moment a very little strategy, marketing, or effort. property is being listed and again during Many were stunned by how quickly and offer negotiations are vital assets to a for how much their properties sold. seller. It’s no longer a contest to submit the For sellers, an elevated level of inventory fastest, cleanest and highest offer. The equates to additional competition. art of real estate negotiations is back! Positioning and preparing a home for Offers are more likely to warrant counter the market is becoming important again. offers. For homes that have passed Even appropriately priced homes without the offer review date, this will likely proper preparations are likely to spend include price negotiations as well as the additional time on the market, receive shortening of contingency timelines. less traffic from buyers, and possibly even require a price reduction. Even though the market is friendlier to buyers than it once was, it is firmly still a Sellers should work with a seller’s market. In August, the inventory knowledgeable real estate broker to level for a single-family home on Queen identify which preparations will help Anne and Magnolia was 2.5 months. their home stand out, yield better listing Sellers simply need to exercise more care photos, and thus, attract more buyer when preparing to list. The strong local traffic. Many of the common preparation economy and steady stream of buyer items vary by neighborhood, style of demand remain the dominant forces home, and category of buyer. For this driving Seattle real estate. Buyers and reason, it is important to work with a sellers shouldn’t expect a dramatic role broker who will create a comprehensive reversal anytime soon. Sellers remain in listing preparation strategy based on the the power position. buyer-pool in that neighborhood. For

Send your questions for “Ask Sam” to pacsales@nwlink.com Sam Konswa is the Founder/Managing Broker of Queen Anne Real Estate. He specializes in the Queen Anne and Magnolia neighborhoods, using his local market expertise to give his clients a distinct advantage in these areas. 206-972-4045 • www.QueenAnneRealEstate.com

Home Buying with Remodeling in Mind Looking for new home options that will likely include some type of renovation? Look here first. By: Jason Legat Buyers can finally exhale as the Seattle housing market slows. According to the Northwest Multiple Listing Service, there has been a 75 percent increase in available Seattle homes for sale since last summer. While prices may not be lowering anytime soon, this “lull” in the market offers buyers a bit more wiggle room in which to find their perfect home. Still, buyers will need to look past the obvious and imagine the potential of a home after remodeling. To guide your home search, we’ve come up with a few things to consider if you’re buying a home with remodeling in mind.

Timing

For major remodeling work, you likely won’t find a contractor who is available to hop on your project as soon as you close. After all, we’re winding down from one of the hottest home buying years in the history of Seattle. Having the right expectations about timing is going to help you find a quality contractor in which to partner in your home endeavors—someone who does good work, with the right permits and skilled carpenters. Eager new homeowners with no flexibility in their timing are going to find that their options are slim and may not be able to get on the construction calendar of their top pick. Starting the conversation with your preferred contractor before buying is always a good idea. When you’re fairly certain you’ve found the right home, that’s the time to get your contractor on the phone or on-site to determine what’s possible.

Budget

Include potential remodeling work when creating your budget and maximum home price. It’s a great idea to do some online research about remodeling prices or call up a few local contractors to discover some average numbers which you can take with you. How much are kitchen and bathroom remodels averaging? What about additions? Knowing these common remodeling figures will help you determine what you’re willing to spend. Whatever figures you get on the phone or online, add a cushion. Construction material costs and subcontractor prices are also rising and will likely be even higher by the time your remodel rolls around.

Location & Layout

There are many things you can change about a home—almost everything—but you can’t change the location. If you’re dead set on a certain neighborhood, you’ll most likely be looking for a home to remodel. Ask friends in the neighborhood about their experiences with remodeling. Homes of a similar decade or style are likely to have the same construction considerations. If you want to spend less while still remodeling, look for a layout you like. Changing the finishes (i.e., appliances, flooring, and paint) can transform a room dramatically. Changing the layout (i.e., taking down a wall for an open-concept kitchen) is going to come with higher costs since you may be changing the structural integrity of the home.

Inspections

If the market allows, and you are not at risk of losing your desired home to another buyer, we recommend inspection contingencies. This will allow you to cancel or renegotiate a sale if the inspection finds major issues, such as a cracked foundation, dry rot or mold. If you are at risk of losing a home and need to move forward without a property inspection, we recommend adding even more cushion to your budget. In older homes, there’s almost always something that will need attention during construction. Expect that any home built before the 1980s will likely have lead-based paint or asbestos, maybe both, and will require proper remediation.

Wishlist

We help you get beyond word of mouth! 206.461.1322 • ppcadmanager@nwlink.com

Finally, prioritize your remodeling wish list. As any agent will tell you, your idea of “perfect” will probably need to be reevaluated. A home may not be perfect from the outset, but with a little imagination and the right team of people, you can view a home through the lens of professionals. There are endless possibilities, so sit down and really think about your must-haves versus your wants. Create a numbered list that you can hand to your contractor. Your contractor, the seller and your wallet will thank you for the realistic approach to buying a home with remodeling in mind. Master Builders Association of King and Snohomish Counties member Model Remodel (MRM) is a design-build, general contractor specializing in remodeling, serving clients in the Seattle metro area since 2002.

MID-SEPTEMBER 2018

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LOCAL AGENTS with a Queen Anne + Magnolia Focus Marissa Natkin Seattle Homes 206.321.5061 c 206.632.2636 o MerissaNatkin@gmial.com “Service, Knowledge & A Name You Can Trust”

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Kevin Bohnert MANAGING BROKER, CRS LUXURY MARKETING SPECIALIST

Exceptional Service with your Goals in Mind

kbohnert@windermere.com

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(206) 856-6396

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WALL STREET GROUP 214 W McGraw Street Seattle, WA 98119

James Borrud Linda Keylon Senior Real Estate Specialists

MagnoliaHomeSales@gmail.com www.Magnolia-RealEstate.com 206.226.8453 / 206.718.8244

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Ken Graff REALTOR ®, Broker and Certified Luxury Specialist 206-498-7818 kengraff@cbbain.com KenGraffHomes.com

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Buy with Confidence, Sell with Success 206.686.7000 www.DarinCruzen.com

Broker, Accredited Buyers Representative, Certified Negotiation Expert Luxury Marketing Specialist What’s important to you is important to me- buying or selling a home, I am your advocate. Windermere Queen Anne 214 W McGraw Street, Seattle WA 98199

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Seven Secrets to Choosing the Right Color Don’t suffer from DIY painter’s remorse-choose the right colors the first time around.

MERCER ISLAND WATERFRONT 2205 60TH AVENUE SOUTHEAST

MLS# 1307855

HISTORIC CAPITOL HILL 2218 EAST PROSPECT STREET

O F F E R E D AT $ 1 3 , 8 8 8 , 8 8 8 L A N C E N E E LY

MLS# 1300147

O F F E R E D AT $ 3 , 9 0 0 , 0 0 0

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A N N TA B A S I N S K E

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By Mia Hannom Painting walls a new and exciting color is a quick and affordable way to update a space and give it a fresh look. But how do you find the right tone? When faced with a hundred color samples, it can be pretty daunting. In fact, even the experts sometimes get it wrong. Here are some of the best designer secrets to help you with the process.

CAPITOL HILL DUTCH COLONIAL 1554 17TH AVENUE EAST

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O F F E R E D AT $ 8 5 0 , 0 0 0

206.790.6326

ERIC PREMO | 206.915.9490 GINA HASSON | 206.407.7572

• Do not pick your color in the paint store. It can be tempting just to pick a color off the shelf and get on with it. I have done it more than I should admit and have ended up with terrible results. Finding the right color is all about context: the shape of the room, the amount and quality of the light, and how it all plays with other objects in the room. Always test a color in the space you are painting. • Do not look at the color sample at an arbitrary angle. This sounds obvious, but sometimes we forget. Color is all about how the light hits it. If you are painting walls, hold the sample vertically; if it is the ceiling, hold it up above your head. This will give you a more accurate indication of what the color will really look like in the end. • Test against a white background. When you hold a color sample directly against a previously painted wall, unless it is white, it will give you a warped idea of the new color. Because colors influence one another, it is best to test the new color against a white background. Simply use a large piece of white paper to blank out the old color.

LY N N W O O D C H A R M E R 3415 205TH PLACE SOUTHWEST

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MADISON PARK TRADITIONAL 2311 42ND AVENUE EAST

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MLS# 1301681

O F F E R E D AT $ 2 , 4 9 5 , 0 0 0

THOMAS MALONEY | 206.235.3298 LINDA WYMAN | 206.407.6200

M E G A N M C G R AT H

206.940.5450

• Do not rely on a small paint sample. A pretty color on a small sample does not necessarily make a pretty color on the expanse of your walls. To get a better sense of what the color will look like on a larger scale, you will need a bigger sample (some stores have larger samples available). A large sample will also reveal the true undertone of the color to test against the undertones of other elements in the room. • Do not paint your sample on the wall. If you cannot get a large color sample, get a sampler of the actual paint and paint it on a poster board—NOT directly onto your wall. This way you will be able to test your colors on different walls and even in different rooms. You will also be able to block out the existing wall color with something white. • Move it around. With your large sample boards, you can put some poster putty on the back and stick them on your walls to get an idea of how colors will look. Test them in different spots on the wall and move them around the room to see how the light affects the color. Also look at them at different times of the day.

IDEAL MAPLE LEAF LOCATION 1717 NORTHEAST 97TH STREET

MLS# 1337085

NINE CHERRY SQUARE 905 CHERRY STREET #105

O F F E R E D AT $ 6 9 9 , 0 0 0 K E N L AT Z

MLS# 1326626

O F F E R E D AT $ 5 5 0 , 0 0 0

206.605.0286

JEFF STEGELMAN

206.459.0508

• Find the bossy fixture. If you are working with existing finishes, find the one that is the most prominent in the room; it might be the carpet, the countertop or even a large piece of furniture. The undertone of that fixture will influence what colors work best for the room. This may sound like a lot of trouble just to get the color right, but it is a whole lot less than the trouble you will be in when you realize that the color is wrong after it has been painted on the walls. Here’s to your brand-new walls!

206.322.8940 W W W. G B K . C O M

Master Builders Association of King and Snohomish Counties member Mia Hannon is a pro at finding spatial solutions and has an excellent eye for color and lighting. Find more of her work at in-form-design.com.

MID-SEPTEMBER 2018

Pacific Publishing Company – Queen Anne & Magnolia News • Capitol Hill Times • Madison Park Times • City Living Seattle

➧ Deck, from Page R1 temperatures between 60 and 80 degrees but shouldn’t be Capped Composite applied in conditions below 50 or if the temperature will Capped-composite deck boards are even more resistant to drop below 32 degrees within eight hours. Don’t apply your fading and scratches. These products are very durable and deck coating if rain is expected within 24 hours. clean easier than older composite blends because of their hard, exterior cap (or shell). 3. In every scenario, clean your deck first. From cleanlooking decks to surfaces caked with dirt, you will never cre- PVC ate challenges by doing an extra cleaning. Remember to read PVC is a wood-alternative decking surface that excels in the cleaning instructions, which will help you take the right its durability, scratch, stain, fade resistance and warranty (up steps to protect your plants, siding and hardscapes. After a to 30 years!). It’s also a great low-maintenance option which Staining Staining (or restaining) a wood deck is an essential process thorough cleaning, be sure to evaluate if your deck could cleans easily since its surface isn’t porous. which helps to preserve the life and look of your deck, but it’s benefit from an application of wood brightener. Regardless of the material, checking in on your deck reguimportant to keep a few things in mind: larly and performing routine maintenance will protect your Manufactured Decking Composite investment for many years. That’s decades of barbecues, par1. Allow new (green) wood to dry, anywhere from four Made from up to 95 percent recycled content and indus- ties and late-night fireside chats—with only a little work to 12 months depending on your area’s climate and time of trial material waste, a composite decking surface is durable required, once or twice a year. Sounds like a bargain to me! year. It’s ideal to allow the wood to season to a 15 percent and resists scratches, fading and staining. It’s also easy to care Dunn Lumber is a member of the Master Builders Assoor less moisture reading. The seasoning process goes a long for: a twice-yearly cleaning is usually all the maintenance ciation of King and Snohomish Counties and family-owned way toward helping prepare the wood for accepting the stain it requires, saving you time—and money—down the road. Puget Sound fixture for building materials and supplies since product (and the results are worth it). Note: Some composites will require immediate clean-up 1907. of certain spills that could stain, such as barbecue grease or 2. Be mindful of temperature and weather. Many deck stain red wine. manufacturers say their product works best when applied in board, which requires no maintenance beyond regular cleaning as long as you’re comfortable allowing the boards to weather to a natural gray color. Hardwood: Rot-resistant hardwood lumber species such as Ipe, Tigerwood and Batu will stand the test of time. With regular maintenance and refinishing, they’ll retain their color and appearance. Or, if you simply want to clean them, they’ll weather to gray.

➧ Changing Market, from Page R1 petitive atmosphere is a desire to wait until after the offer review date to place an offer, or in some cases, to view a property! This sentiment is becoming increasingly common amongst buyers in competitive price ranges, which undoubtedly contributes to a longer length of time spent on the market for some properties. This is good news for those tired buyers! Longer time on the market and an increased number of new listings should create a less frantic market this fall. Fewer properties are receiving multiple offers and many offers are once again beginning to include contingencies like financing and inspections. For a period of time, even buyers reliant on financing were waiving this clause. Now, this practice is becoming less common. The slight cooling of the market

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has some buyers fearing that current prices are at or nearing the price ceiling. When multiple offers on a single property do occur, the sales price doesn’t typically escalate above the listed price in as dramatic of a fashion as we formerly experienced. While price growth likely won’t be as dramatic, the influx of people to the Seattle area is predicted to continue as Seattle’s economy expands. This creates a steady stream of demand. While home prices aren’t likely to experience percentage increases in the double digits over the next twelve months, as we saw in 2016 and 2017, modest increases in value are anticipated. For buyers looking for a less than lightning-speed market: Welcome back! Fall should bring a moderate respite. Each

neighborhood’s market differs. So understanding how to best position an offer for success amidst some market changes makes working with a broker who specializes in that particular area even more crucial. A broker who grasps the importance of maintaining as many buyer protective clauses and contingencies as possible, while simultaneously reading how competitive the situa-

Data and statistics obtained from the NWMLS. Sam Konswa, Founder/Managing Broker of Queen Anne Real Estate Sam Konswa specializes in the Queen Anne and Magnolia neighborhoods, using his local market expertise to give his clients a distinct advantage in these areas. Phone: 206-972-4045 Email: sam@queenannerealestate.com Website: www.QueenAnneRealEstate.com

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tion may or may not be. Bare bones offers with as few contingencies as possible won’t likely be as necessary as they once were. For well-qualified buyers, contingencies like financing won’t automatically send an offer to its grave. This brings good news to those weary of the inherent risk exposure associated with contingency-free offers.

mortgage that’s right for you. You can depend on me to answer your questions and follow up right away. Contact me today about working together:

206-461-1337

Joshua Buckingham, Senior Home Lending Advisor T: 206-240-4046 C: 206-240-4046 joshua.buckingham@chase.com http://homeloan.chase.com/joshua.buckingham NMLS ID: 670133

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Home & Real Estate

MID-SEPTEMBER 2018

FOR SALE

1310 QUEEN ANNE AVE N #17

1203 W DRAVUS ST MLS# 1321412

MLS#1342295

OFFERED AT $999,000.00

OFFERED AT $399,000.00

3 BEDROOMS 2 BATHROOMS 2,051 SQ/FT 4,739 SQ/FT LOT

1 BEDROOMS 1 BATHROOM 744 SQ/FT

Stunning 1 bed, 1 bath 2nd floor condo with large water view balcony and greenbelt-facing sunroom. Open floor plan perfect for today's lifestyle. Elegant craftsmanship is highlighted by arches and amazing French doors. Updated bathroom and recently renovated siding and plumbing. Private basement storage. Located in the heart of historic Queen Anne with shopping, dining, coffee shops and less than 10 minutes to downtown Seattle.

Nestled in stunning park-like backyard with numerous mature trees in the heart of Queen Anne! Incredible floor plan and spacious living room with a fireplace. Huge fully finished lower level with outside entrance, skylights, large laundry room, vaulted ceilings, radiant heat, brand new paint, gated entry, and new shingle siding on gatehouse. Beautifully landscaped private backyard with garden space, deck, patio, and fountains. Less than 15 minutes to South Lake Union and downtown Seattle.

This information is provided as a courtesy, it is not a warranty, and should be independently investigated by buyers.

2017 MARKET DATA RESULTS

HOW QUEEN ANNE REAL ESTATE COMPARES In 2017, Queen Anne Real Estate’s residential listings sold for 15% more per square foot than Seattle’s average ($531 vs. $463). Queen Anne Real Estate sold residential listings in Queen Anne 39% faster than the area's average (11 days vs. 18 days). Statistics were obtained from data from the Northwest Multiple Listing Service.

Sam Konswa

Craig Watson

Jeff Strand

10 Year Winner Sam Konswa

Price Per Square Foot $531 $463

Queen Anne Real Estate

Brooke Roberge

Maria Hewett

Other Brokers

Days On Market 18 Days

11 Days

Queen Anne Real Estate

Tim Gaydos Courtney Longhurst Carol Griffith

Queen Anne Real Estate 1823 Queen Anne Avenue N. Seattle, WA 98109 206-217-0900 info@queenannerealestate.com www.QueenAnneRealEstate.com

Other Brokers

Marcel Kluetz