Q1 Report: Waterfront

Overall, the Seattle-Eastside waterfront market showed a resurgence of activity in Q1 with highly desirable properties (moderate topography, easy access, prime exposure and waterfront quality, etc.) transacting most quickly and at strong prices while homes lacking those essential qualities are passed over or sold at very negotiated prices.

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The 3 L’s: Location, Light, & Lot

When a view sells you on a house, that likely means there is still work to be done. For Julie & Brandon they bought their 1918 bungalow in 2013 and were actually scared of the unfinished basement. The unfinished basement is what scared a lot of other buyers away from the house and they were able to capitalize on that fact.

Julie & Brandon’s house sits on the top of Queen Anne’s western slope, which is what gives the house such great views. The slope is also the reason the basement renovation was not your average bear. The basement had multiple levels and a home-job patchwork of finishes. Even before moving into the house Julie & Brandon had ideas on how they could manage the various levels of the basement and build out a laundry room, bedroom, bathroom, family room, and storage space. Once they moved into the house the next hurdle was for Julie, she was now entering into the world of contractor and renovation management.

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