DISQUS

Urbnlivn: MLS Watch: Lofts, Big Reductions

  • jeff · 11 months ago
    Uhm, yeah a lot of of those are still not lofts =)
  • Matthew · 11 months ago
    That 300k belltown unit actually looks pretty reasonably priced, not the best location in the world but the unit looks nice.
  • mattgoyer · 11 months ago
    @jeff in today's marketing speak flat == loft.

    @Matthew yeah, it is a very reasonable price relative to what else is on the market.
  • Jason · 11 months ago
    Another Bay Vista unit, previously seen here, just had a huge drop.

    2821 2nd Ave #1102
    Seattle, WA 98121
    MLS#: 28146158

    The list price was "$1,899,905" and changed to "$1,299,900"
  • uptown · 11 months ago
    "That 300k belltown unit ..."

    Can you say Viaduct? Actually, it will probably be worth more than that once the Viaduct replacement is in place. You (or your tenant) would still have to live with the de-construction of the old and then the construction of the new.
  • ADS · 11 months ago
    That bay vista unit drop shows how ridiculous price appreciation was/is in downtown. A 30% drop? Wow, if the dumb seller had it at that price he might have gotten rid of it by now. Good luck!
  • Matthew · 11 months ago
    With a 5.1 billion dollar budget deficit I don't think the viaduct is getting replaced in the next decade or so.

    Like I said before, the location is less than ideal, but the unit is nice.
  • jcricket · 11 months ago
    The $5.1 billion shortfall won't end up stopping big road projects. I bet it pushes the surface + transit options to the top of the pile, as they are 1/3 to 1/4 the price of the other options and can be done twice as fast.

    The passer-throughs will bitch and moan, but that's what will happen.

    And 520 and I90 will be tolled to pay for the new 520.