Green Lake Home Owner Selling Tips: If you are thinking about moving right now, there are some different approaches you need to take to be successful. We have a list of qualified Green Lake buyers waiting for the right house to come on the market. You won't have any trouble selling your house. No one can argue that fact right now.
Inventory is low and it is common to have multiple offers numbering in the teens.
The issue is making sure you take full advantage of the the situation by maximizing the terms to your benefit.
Some of the considerations
Where are you planning on moving and what are the market conditions there? If you plan on purchasing a Seattle home in Green Lake or another hot neighborhood, then you should be well prepared for making a competitive offer. Many people like to sell before moving, but in today's market if you have the ability at all to purchase and then sell your Green Lake home, then you have a safety net of making sure you secure your new home before you sell your current one.
Pricing: We can get you far more money then you probably imagined for your home. That is just the reality of the situation right now. Let us know what your timeline is and we can give you a better idea of price as well as provide you with a detailed market analysis to show you what is going on on a day to day basis. Real estate changes daily and it is important to rely on an expert on the street.
Inspections, Preinspections, disclosures. Be prepared for buyers to preinspect your home before making an offer. This is so they can safely waive their inspection and offer you a stronger contract. Many buyers are also just waiving the inspection without preinspecting. In addition to a traditional structural inspection, many buyers are having a sewer scope performed on homes they are putting offers in on. Be prepared to possibly disclose newly discovered information about your home as a result of things that could come up in negotiations if you accept an offer subject to inspection. Choosing an offer that has either completely waived the inspection or has waived it based on a preinspection protects you from the possibility of having to disclose additional information you may not otherwise have knowledge of.
There are more things to consider. I am happy to sit down with you and discuss your particular situation to help you gain the biggest return on your hard earned investment.
Green Lake is a wonderful Seattle neighborhood – if you are interested in Green Lake homes for sale, please let us know what we can do for you. We have excellent Green Lake listing agents and also some of the very best Green Lake Realtors for buyers.
Green Lake Homes are Selling!
Here we are in December 2010 and rumor has it, one of the slowest times of the year for real estate. Or is it?
Taking a look at the real estate stats for the last 30 days in the Green Lake neighborhood, there has been 24 transactions. 18 solds and 6 pending to close. Not too shabby! Along with these closed or closing homes, there’s 15 active homes on the market right now. Looking at the last two months of inventory in Green Lake, it appears the inventory has reduced just a bit from 29 active homes.
The median price range has held steady in these autumn months - teetering back and forth between $493,500 and $498,000 but from October through today sellers have retained 98% of their list price.
Cooper Jacobs Real Estate currently represents three properties in Green Lake in all three categories - one closed, one pending to close and one active. We’ve seen a demand for quality, newer or newly remodeled homes.
Grandly Restored Green Lake Craftman
For example this beautifully restored craftsman on Meridian - blocks from Blanchet High School. Selling for full asking price, the seller honed in (with a lot of sweat equity) on her restoration efforts by keeping true to the era of the house but also keeping in mind energy efficiencies and qualities people are seeking for in a newer home today.
Newly remodeled Green Lake home
Another stunning Green Lake remodeled home is pending to close. The sellers also kept true to the beautiful craftsman’s lofty ceilings, bold crown moulding, and predictable roofline and pillars. They created warm and inviting rooms that their family shared the most time in, making practical spaces throughout the entire 2400 square foot house.
And last but certainly not least is a 2006 newer home in Green Lake for sale. If you’re looking for a spacious home with openess and comfort then look no further. This home has it all and just blocks to the lake for a morning walk or pedal on the bike commuting lane for work. The possibilities are endless for this over 3400 square foot house complete with 4 bedrooms and 4.25 baths. A huge garage and extra parking in the back is perfect for your recreational toys too!
Newer Green Lake Home For Sale
There are some wonderful homes on the market right now in Green Lake! Are you interested in knowing if it’s the right time for you to sell? What is your home worth in the current market trends? Give us a call or shoot us an email. We’d be happy to consult you! For more Green Lake real estate for sale, visit us at our website.
Looking to buy some Tangletown Real Estate? Is it a wise purchase? What kind of neighborhood life is Tangletown? What about the schools?
Geographically, Tangletown is nestled between south Green Lake and north Wallingford. Living here you can still take advantage of Green Lake’s paddle boats and basketball courts while walking to Wallingford for a glass of wine and live music. But Tangletown has its own main drag (North 56th Street) you don’t want to miss! Get an updo at Beehive Salon then walk across the street to grab one of many hotdog selections at Diggity Dog Hot Dog & Sausage stand and wash it down with a brew at the local Elysian Brewing Company ~ just kiddy corner from Might O Donuts.
Tangletown is probably most proud of Zoka. Zoka is a super cool cafe which roasts its own coffee beans, has delicious pastries and lot of seating for those important meetings with your wedding planner or hunkering down to write that mid term paper for school.
Because of the quaint parameters of Tangletown‘s borders, it has seen average solds for the last six months. 13 solds to be exact. $214,000 buys you a 500 square foot studio or an expansive $1,280,000 beautiful home with over 3,000 square feet of living space. So the average days on the market are only 24 days from these sold properties and the average price is around $564,000. This is just under the FHA loan limit of $567,500. Believe me, a minimum downpayment of 3.0% is worth buying a home in Tangletown.
The schools are amazing! Let’s start with daycare and pre-kindergarden. Green Lake Day Care and Preschool, managed by Anne Kelly, is a safe place you can trust. Located at 63rd and Green Lake, it has three separate rooms for the Poohbears, Piglets, and Tiggers in a huge brick church. My daugther went there from 1 year old as a Poohbear and graduated at age 5 as a Tigger. She’s seven now and STILL talks about her teachers from Green Lake Day Care and Preschool.
The Elementary school will be McDonald in 2012 after a complete facelift but for now, it’s Lincoln Elementary. Middle School is going to be Hamilton, and Roosevelt for high school. I recommend going to the Seattle Public Schools Website for more detailed information.
Tangletown has some charming homes on the market right now! There are 10 single family homes and 1 condo for sale in Tangletown. Find more at Cooper Jacobs Real Estate.
Oh how I do love Green Lake and the appeal it has over me. I’m a runner, so I want to say thank you for giving me flat trails to run until my heart’s content. But no thank you when I get low times in races with hills.
On a more serious note, Green Lake has tons to offer – we know this, right (?) or else you wouldn’t be reading about this awesome Seattle neighborhood. It has the schools, the park, the location, the water, the views, the new architecture, the old architecture, the history, libraries, pizza joints, amazing schools, and yes Starbucks.
Looking for great Green Lake homes for sale? Well there’s a new kid in town and it’s called 8552 Densmore Avenue North.
This beauty, built in 2006, has over 3,400 square feet of functional, livable space with every inch thoughtfully laidout. Spacious front porch to watch the walkers go by, lofty ceilings with stylish two toned neutral colors to add to the airy appeal. 4 bedrooms and 5 baths including two master bathrooms all on the upper floor. The walk-in pantry keeps the main kitchen virtually clutter-free. An easy two car garage accessed through the private alley. Did I mention the A/C and a back-up generator? This home has it all.
Contact us for a tour!
Link to the outdoor environment. Link to Green Lake Real Estate. Let us know if you want more information about this Green Lake home or Seattle’s Green Lake (Greenlake) neighborhood.
Molly A. Cartwright & Courtney Cooper
Dream Green ~ Dream Green Lake
Green Lake Blog: Let’s go ahead and look at the current Seattle Green Lake (Greenlake) real estate market for June 2010:
Well, even though we all woke up to a lovely gray day, Green Lake real estate is moving and that is what I want to touch on for this beautiful non summer June day. As expected Green Lake MLS listings are up due to the fact that this is prime Seattle real estate selling season. There are 67 Active residential listings in the Seattle MLS for Green Lake right now excluding town homes (Green Lake Town houses are dealt with separately for my purposes although some agents sneak them in as “multi levels” instead of townhomes as they should be for residential property type.).
Side Bar: Green Lake Neighborhood: Where is it and what are the borders? Now because as we have said before Green Lake has subjective borders depending on who you talk to, the Seattle MLS community Green Lake is what I am using to get the numbers. Until someone comes up with some concrete non shared Seattle neighborhood borders and until agents who have listings that are clearly in Licton Springs or Greenwood stop marking them as Green Lake, I have to include them all in the numbers. I know that the general feeling is that if you can walk to Green Lake (the actual Green Lake park with the loop in it), you are in Green Lake – I also think that is a subjective approach, but I agree with it.J
OK – Back to Green Lake Active MLS listings (but feel free to let us know where you think the Green Lake borders are). The Green Lake listings of homes for sale in this neighborhood range in price from $337,157 to $1,300,000 with a median list price of $499,950 which is about what I expected. The average square footage of these is 1950 square feet and the average dollar per square foot is $252.95.
Pending Green Lake properties: There are a variety of Pending statuses – Green Lake homes that are Pending Inspection are subject to inspection. Pending- Back Up Requested is when the agent or seller have a contract but are looking for back up offers.
Another Side Bar: To me,
Pending BU Requested is the most ridiculous status and highly abused. Of course as listing agents we are ALWAYS looking for a back up offer so you should only really use this status if you think things are going to go down the drain with your current buyers. Instead there are many Seattle real estate agents who use this status a common practice most likely just to try to attract unrepresented buyers. If your listing agent is using this tactic you should ask them why. What is common when this status is used is that your current buyer who you have a contract with to buy your home will see the status in the public real estate sites and get mad. They will get upset that you do not trust them to close the deal or do not have confidence in them and as a result start to get second thoughts on following through with the purchase. It is a backfire trap and really does not help you unless your current buyer is that shaky on financing or commitment.
Back to the homes that have offers on them – There are currently 19 Pending homes waiting to close, 3 Pending BU Requested homes, and 13 Pending Inspection homes for a total of 35 Pending Green Lake homes under contract. They range in price from $249,000 to $1,250,000.
Green Lake Real Estate Sold Update June 2010: In the last 30 days, 13 Green Lake homes for sale have closed in escrow according to data I compiled from the NWMLS. These homes ranged in price from $330,500 to $963,000 with a median of $428,888 and average days on market of 38 days. The average dollar per square foot of these sold Green Lake homes was $233.24. Median list price on these was $509,648 and median sales price was $508,065.
Overall Green Lake real estate numbers? 115 Green Lake residential properties, $243.29/per square foot average, median price of $523,114. Let us know if you are curious about what your home is worth – firstname.lastname@example.org
(You can usually find Molly running around the lake if she doesn’t answer her phone right away and Courtney walks the lake at least twice a week).