Kirkland Condos & Townhomes Selling 10% Over Listed Price.

The average condo and townhome in Kirkland is selling about 10% over list price.

Some are selling in even more extreme bidding war scenarios and I’ve highlighted 3 that I have shown and toured in the last 30 days.

12016 101st Ave NE #G2, Kirkland 98034-6734

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At this condo in Juanita, my Buyer and I stood outside in the rain and talked about the siding that day. You could literally put your finger in holes in the siding where it was rotting and without a doubt the condo would need future work/repairs.

It was listed for $300,000 and sold for $367,000. 

The next condo, located behind the Kirkland Post Office -used to be apartments. My sister rented here for years. The insulation is thin (read: you can clearly hear your neighbors) and the bi-fold closet doors used to fall off.  

224 9th St #G-304, Kirkland 98033

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This one was listed for $348,000 and sold for $400,000.  $52,000 over list!

Kirkwood condos, top floor end unit. This condo is located conveniently close to the Kirkland Cross Corridor trail. However, it was built in 1985 and has textured walls and popcorn ceilings and is in need of a master bathroom make-over.

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404 10th St #D-301, Kirkland 98033
That condo was listed for $325,000 and sold for $385,000.  60K over list!
These are extreme but they are not rare. The average sale price in the Kirkland area is 10% over list.

If you go further North to Bothell, Kenmore and North Kirkland the average list over sale price is 5%.

This is a lot more manageable for most 1st time home buyers.  I think if you can focus on this area you will:

  1. have a better opportunity to compete in a bidding war
  2. not have to bid as high
  3. experience greater growth in your equity over the next 3-5 years

 

My name is Georgia. Friends call me Peach. I live in Kirkland where I’ve been helping Buyers and Sellers 13 years. Call me to discuss your home value or how to write the most competitive offer possible in a competitive market like this! 206.948.0431

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3 Things To Do Before You Sell Your Home

keep-calm-i-m-number-oneA Full Home Inspection.

Knowledge is power. Take the fear out of the dreaded inspection by doing it yourself! This is everything! No Buyer will be able to surprise you with a repair or reduction in purchase price when you already know what’s behind the paint and under the house.

number 2 Shampoo the Carpets.

No odor is the best odor! Think: New Car Smell. It’s clean and fresh and ready for the Buyer. I can’t tell you how many times I’ve opened the door for a Buyer to show a home, and a funky odor seeps out of the house! This happens all the time. It’s the first impression for the Buyer and it will literally make or break a potential offer.

number 3 Beauty Bark.

It’s cheap, easy and effective. Nothing says groomed and ready more than a fresh lawn and fresh beauty bark. Curb appeal is what gets the Buyer excited to GO INTO THE HOME. You can’t get an offer if the Buyer is not even compelled to go inside and take a look. And like a book cover, it’s a good indication of what’s inside!

I’m Georgia. My friends call me Peach. I’m a Second Generation Realtor obsessed with Real Estate since 1999.

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206.948.0433 | @KirklandPeach | GeorgiaWall@JohnLScott.com

OMG HOA! How to deal.

It’s a love/hate relationship when it comes to HOAs.

Homeowner Associations are well-intentioned. But man! An HOA can be a nightmare to deal with.

We like some of what they do:  Keep the monument at the entrance  prim and proper, police the yards, dogs and trash cans in the neighborhood, insure maintenance of security gates, pools and elevators, maintain the community flower beds….

That’s all great! Those rules keeps the neighborhood enjoyable and tidy!

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No one wants to live next to the one house that never practices pride of homeownership and only demonstrates deferred maintenance.

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Recently I’ve had my own clash with an HOA when they told me I could not hold a Sunday Open House!

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WHAT?!!! Are you kidding me?

Here are 3 rules I advise my new Buyer’s and current homeowners to practice to avoid fees,  notices and in general icky feelings from their neighbors staring them down.

  1. Always ask first when it comes to exterior renovations, and interior if you own a condo.
  2. Document everything and with pictures when possible.
  3. Get on the  HOA board! Participate in your HOA or at least go to meetings quarterly.

 

If you have any specific Q’s about your HOA and what rules may/may not apply, give me a call/text. I can probably answer your question or find out quicker than you can dig up your Re-Sale Certificate or neighborhood CC&R’s.

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My name is Georgia. My friends call me Peach. I live in Kirkland where I’ve been working with Buyers and Sellers for 12+ years!  #206.948.0431 | GeorgiaWall@JohnLScott.com

Pricing, Presentation, Promotion? √√√

So you want to sell your home…now what? Your home value, let’s talk about that. It is a BIG DEAL. Don’t leave the biggest investment of your life up to an estimate based off an algorithm. It takes correct pricing, well planned out presentation and expert promotion.

My name is Georgia. My friends call me Peach. I live in Kirkland where I’ve been helping Buyers and Sellers with real estate for 12+ years. 206.948.0431

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4 offers In 4 Days. Maximum Strategy, Maximum Profit.

We did it again! So pleased to announce that my Bellevue condo listing is now under Mutual Agreement and Pending close.

$255,900 is an excellent price for this zip code- Bellevue 98005. However, it does not mean that we skimmed on marketing whatsoever.

My strategy along with the cooperation of the Seller included: fresh interior paint throughout, staging, high quality HDR photos, extended open house schedule and more.

Every house deserves the best marketing out there to maximize the potential that the Seller stands to make. That’s my job and I intend to deliver!

Find more videos and real estate info on GeorgiaLeeWall.com  and follow me on Twitter @KirklandPeach.

My name is Georgia. My friends call me Peach. I live in Kirkland where I’ve been helping buyers and sellers for 12+ years. 206.948.0431

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2 Offers Over Full Price in 3 Days.

Thursday night I listed this Kirkland Waterfront condo on Lake Street.

Friday and Saturday there were 13 showings.

Sunday was a packed open house.

By Sunday night we had 2 solid offers over list price.

Maximum listing and marketing strategy results in maximum profit for my Seller.

This is not luck. This is strategy. Let’s talk!

 

 

My name is Georgia. Friends call me Peach. I live in Kirkland where I’ve been helping Buyers and Sellers for 12 years. 206.948.0431

Text/Talk/Email!

GeorgiaWall@JohnLScott.com

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Does Moving Up Make Sense?

Ask yourself these 5 questions to help you decide if you have house fatigue and are ready for something newer or bigger or in a more desirable location:

  1. Has your income or financial situation improved? If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving.
  2. Have you outgrown your neighborhood? For example, you may have realized that you hate your commute or your children might excel in a different school district.
  3. Are there reasons why you can’t remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.
  4. Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home.
  5. Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer.
Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.

Let me personalize your home market analysis for you so you can decide what your next step is. Knowledge and experience count!

My name is Georgia. My friends call me Peach. I live in Kirkland where I have been helping Buyers and Sellers for 12 years.

Kirkland Summerfest Kicks off tonight!

Kirkland Summerfest: the city’s premiere summer festival of art, music, food and family fun on the waterfront.

Kirkland’s largest festival features 2 days of visual and performing arts, spectator sports,  kids activities, and live entertainment, over 100 vendors and food trucks on the streets of downtown. One of the 101 reasons why I love living in Kirkland. When the city puts it’s mind to do something, the community get’s involved! It’s all hands on deck.

There are 26 donors and countless sponsors involved in putting this together to make it Kirkland’s Best!

Kirkland Summerfest‬ 2015 is here. Friday starting at 4pm-11pm and through Saturday all day until 11pm.

Summerfest 2015 is here! Friday and Saturday downtown at the marina!

Summerfest 2015 is here!
Friday and Saturday downtown at the marina!

There will be live music all weekend long, lots of food, 27 arts and crafts exhibits to peruse.

Check out the music main stage schedule here!

The Fish Frolic is back this year with lots of quirky, cool, creative fish to place a bid on. If anything they make for a great selfie backdrop!

Head on down to the Marina where all the action is!

Exceptional Land Opportunity in Kirkland- check out my new listing!

The hottest neighborhood on the Eastside just got more interesting. Check out my listing that just hit the MLS yesterday.

Housing demand is sky high and inventory is at record lows. New Construction is what buyers are waiting for. Two parcels being sold as one. .46 acres/ 20,745 square feet.

Prime real estate opportunity in the heart of Kirkland on Rose Hill. Zoned RM 3.6 for Multi-Family Residential development. Excellent .46 acre level lot centrally located with superb excess to I-405. Minutes away from DT Kirkland waterfront/shops. Served by Lake WA school district. Gas/Electric/Sewer in street. Soil test completed. Land for sale only. Site plan & conceptual renderings available. Potential for 6 homes with zero lot line. Partial mountain views from East corner of the lot.

C1-Site Plan

With inventory at record lows and demand at record highs- now is the time for new construction.

With inventory at record lows and demand at record highs- now is the time for new construction.

Nash Wilbur Lane Prelim color 1 View 1-3 (1)

.27 acre lot is zone RM 3.6.

Opportunity awaits.: MLS 801389

Contact me for additional marketing materials for a full preview of the land, renderings and detailed information.

GeorgiaWall@RemaxOTL.com

206-948-0431