REAL ESTATE KIRKLAND
OCTOBER 2011
Your guide to Real Estate and home buying & selling
Top 8 “TO-DO’S” in Order to Sell orderly & maintained when location. Those that are Robert & Sue, of Rose Hill in Kirkland, were about buying these types of homes your home is on the market. Fresh bark, fresh paint, are doing it at a substantial at their wits’ end. “We have clean roof, cut lawn all play 20-30% discount off had our home market value. New paint into the curb appeal. on the market 6. Staging: Once inside & cleaned carpets will for nearly 4 your home, a buyer must show the home is wellmonths & be wowed. Intoxicate their maintained. “Move-in” we have had senses. They want to see condition appeals to only a handful up-to-date furnishings, more buyers. of visitors & smell a clean home, touch 4. Competitive absolutely NO nice cabinets, hear peace & Advantage: Buyers offers! What quiet & of course “taste the do we do to Debbie Walter are shoppers. Past area Realtor - RE/MAX NW sales, as well as current good life.” get our home 7. Brokers: An accomlistings & foreclosures, sold?” plished, knowledgeable are your direct competiIn today’s market nearly Broker/Realtor can be your tion. You must take these all sellers want to know the biggest ally during the sellinto consideration when secret to selling their homes ing process. They know the settling on a list price for quickly & for the most latest market trends & have your home. What amenities money possible. Although built a network of other bro& upgrades do these homes there is no golden equation, kers & contacts to whom to have? Do the homes in there are Top Eight factors market your home. Skilled your neighborhood all have that will help you accombrokers have an arsenal of updated baths, kitchens, or plish this goal. marketing tools available to landscaped yards? In order Robert & Sue listened to them: video, virtual tours, the below advice of a profes- to price in line with them webcasts, brochures, webyou must be able to boast sional & successful Broker - their home elicited an offer these same things, otherwise sites, MLS listings & more! 8. Marketing: Marketing buyers will go elsewhere. within 30 days. They suc5. Curb Appeal: Curb ap- has gone global. With the cessfully closed the followpower of the Internet, you peal is the first impression. ing month. can showcase your home to You must keep the yard 1. Price: You may think that location is the leading factor of whether or not a home sells. It is, instead, price. Think about this: you have a home located in a prestigious & sought-after Windermere Real Estate/Central, Inc. neighborhood, yet the list price is tens of thousands of Clive@Windermere.com dollars over the comps for www.Kirklandhomelistings.com the area. Truth: NOBODY wants it - but this same Specializing in property priced just below the competition will fly off Kirkland Properties. the market. Price is KING in this market! 2. Location: Okay, location is still very important. A home that sits next to a jail, a crime-ridden neighborhood, or busy street is less desirable than one that backs up to green space. If your home has a “boast-able” location, then by all means boast about d ble n it. Buyers today are looka aila s ing for neighborhoods that t deliver amenities such as lo av h parks, restaurants, theaters. c ow a They want good schools, n walk-able neighborhoods Be ing & plenty of things to keep nc them entertained without a driving far. fin 3. Condition: There is a small segment of the market that is made up of renovators, flippers, & investors. You won’t find near as many people these days eager to buy your run-down property that is in a good
millions of potential buyers. Sit down with your broker & develop a solid marketing plan. You may not like everything they have to suggest - but they are ultimately saying it in order for you to succeed. It really is a team collaboration to accomplish a SOLD home! The market is not what it once was. You must be realistic about what selling in
today’s market means. You value your home, but it may not be “worth” as much as it was yesterday, last month, or last year. Consider these Top 8 ways to help your home put its best face & foot forward. Robert & Sue will both agree, this is the best thing you can do for yourself so you can move on with life’s adventures.
For further information or suggestions on future topics, please contact Debbie Walter @ www.DebbieWalter.com or (206) 930-8699. Debbie is a REALTOR® with RE/MAX NW Realtors in Kirkland. Debbie is a member of the National Association of Realtors (a trade organization that promotes real estate information, education and professional standards).
www.bethbillington.com
Bridle Trails : Bellevue Lavish Country Estate 4,280 SF : 1 Acre Lot $1,265,000
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Bridlewood Circle : Bridle Trails : Kirkland Contemporary with 2-stall Barn 3,860 SF : .8 Acre Lot $698,000
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Clive Egdes 206-251-1680
Coldwell Banker Bain
Int’l President’s Premier Top 1%, CRS, GRI 425.450.5208
beth@bethbillington.com
cohasset beach westport, wa
www.cohassetbeach.com 877.315.1985
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[10] October 7, 2011
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REAL ESTATE KIRKLAND
Your guide to Real Estate and home buying & selling
Real Estate Sales in Kirkland, WA • September 1-30, 2011 Residential Housing in 98033 & 98034 13403 89th Ave NE 11443 109th Ave NE 11642 NE 92nd St 10352 NE 141st St 12809 102nd Ave NE 10206 NE 142nd St 6850 NE 129 St 9300 NE 132nd Place 13046 NE 113th St 10027 NE 129th Place 12947 NE 145th Place 14452 88th Ave NE 12237 96th Place NE 8123 NE 125th St 9714 NE 136th St 12822 NE 136th St 13026 103rd Place NE 14104 111th Ave NE 13429 91st Place NE 7620 NE 140th Place 12930 113th Place NE 14013 92nd Place NE 14002 125th Place NE 12523 NE 134th Place 9537 NE 141st Place 10903 106th Ave NE 8210 NE 124th Place
$216,300 $206,000 $251,500 $245,000 $258,800 $270,000 $240,000 $292,000 $279,900 $290,000 $290,000 $300,000 $300,000 $285,000 $321,500 $309,900 $325,000 $334,950 $327,000 $327,500 $352,000 $357,500 $365,000 $378,000 $368,000 $421,000 $387,500
Because
133 5th Ave W 12148 NE 141st St 11219 127th Ave NE 12818 NE 103rd Place 11415 Juanita Dr NE 11505 NE 103rd St 12948 Holmes Point Dr NE 311 8th Ave 11233 NE 58th St 311 10th Ave W 4524 Lk Washington Blvd NE 335 15th Ave 9401 117th Ave NE 339 7th Ave 13727 NE 135th Place 9502 117th Ave NE 8207 116th Ave NE 13116 NE 104th St 8209 126th Ave NE 912 2nd St 13507 62 Ave NE 606 2nd St 1006 State St 228 6th Ave 712 5th Ave S 5426 106th Ave NE 1104 3rd St 11001 NE 100th Place 537 9th Ave 432 9th Ave
$410,000 $409,000 $424,950 $410,000 $465,000 $447,000 $486,150 $489,000 $485,000 $480,000 $580,500 $550,000 $619,000 $598,500 $629,000 $639,000 $600,000 $632,000 $675,000 $730,000 $705,000 $730,000 $710,000 $665,000 $870,000 $821,000 $825,000 $795,000 $845,000 $835,000
love the thrill of stable returns.
11805 NE 43rd Place 250 7th Ave S 11908 89th Place NE 11908 89th Place NE 10202 NE 65th St 720 14th Ave W
$935,000 $900,000 $1,050,000 $1,050,000 $1,100,000 $1,162,500
Residential Housing Averages Average. List Price $542,994 Average Sales Price $524,713 CDOM (Cumulative Days on Market) 124
Condos/Townhomes in 98033 & 98034
12423 NE 145th Place #B144 9900 NE 124TH St #B134 12525 NE 145th Place #F96 14321 124th Ave NE #A2 12615 NE 119th St #E-2 11215 NE 128th St #L301 12032 100 Ave NE #L203 10014 NE 138th Place #Q1 11713 93rd Ave NE #B-10 11310 124th Ave NE #301 65 Kirkland Ave #105 521 7th Ave #404 9818 NE 137th St 10110 NE 60th St #107 12809 102nd Ave NE 11317 101st Place NE 9201 NE 128th Lane
$46,000 $53,000 $60,000 $77,800 $108,800 $105,000 $105,500 $116,500 $143,585 $155,000 $160,000 $180,000 $214,000 $245,000 $258,800 $270,000 $276,000
1004 Kirkland Ave #A - 9 24 Kirkland Wy #4 515 Lake St S #310 224 5th Place S 6736 Lk Wash Blvd NE #9 225 4th Ave #A501 221 5th Ave S #104 820 Lake St S 4824 102nd Lane NE 5302 Lk Wash Blvd NE #D 5302 Lk Wash Blvd NE #L 4817 Lk Wash Blvd NE #5
$285,000 $300,000 $315,000 $388,100 $406,000 $457,000 $550,000 $565,000 $574,000 $660,000 $770,000 $825,000
Condos/Townhomes Averages Average. List Price $311,408 Average Sales Price $298,968 CDOM (Cumulative Days on Market) 124
Cindy Hamman, CRS Managing Broker Certified Residential Specialist Certified Negotiation Expert, Realtor
425 442-4942
www.HammanHomes.com
Integrity 371 NE Gilman Blvd, Suite 160 Issaquah, WA 98027
Real Estate & Mortgage Professionals Patrick O’Neil
Sr. Account Manager 206-930-2202 direct patrickoneil@cwtitle.net Ask me how to RECEIVE 10% off your title Your source for valuable Real Estate tools
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Professionals
China’s growth powers the world: Part 1
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demand for resources affects everything from auto production, to corn prices, to funding the U.S. budget deficit. Earlier this year, China overtook Japan as the world’s second-largest economy behind the U.S. With that brief historical background, let’s review some facets of China’s phenomenal rise and what that may mean for you. Today, we’ll look at demographics. Incredibly, China’s GDP has grown at an average annual rate of 9.3 percent since 1989, according to Trading Economics. However, changing demographics could cause this growth to slow in coming years. You may be surprised to know that between 20002010, the U.S. population grew faster than China’s (9.7 percent in U.S. vs. 5.8 percent in China). For the past 20 years, China’s economic boom has been [ more CHINA page 13 ]
425-351-2208
446984
U.S. Yet, for all its might, there are some glaring holes that might trip it up over the coming years – with media censorship being just one. China’s surge is really a case of déjà vu. For much of recorded history, China was the world’s largest economy. Even into the early 1800s, it accounted for 30 percent of the world’s GDP, according to The Economist. But, like many empires before it, China spectacularly flamed out over the next century. By the mid-70s, the disastrous reign of Mao Zedong had come to an end and China was near rock bottom. In 1978, new leader Deng Xiaoping laid out a vision of economic reform that has propelled China to unprecedented growth. Since then, China has massively reshaped the world order as its growth and John Klevens
A
colleague told me a story that one evening back in June, after a long day of playing a tourist in Shanghai, China, he flipped on the TV and was pleased to find CNN. After a few minutes, a story came on about Chinese artist and political dissident Ai Weiwei. That day, Weiwei was released by the government after nearly three months of detention for “alleged economic crimes.” Just as soon as the story about Weiwei came on, the TV screen went black. About 90 seconds later, CNN returned to the air in the middle of a new story. Yes, TV censorship is alive and well in China! China, of course, has been in the news for years as its economy has roared and moved the country to the second largest economic power behind the
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[12] October 7, 2011
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Windermere Real Estate East, Inc. Kirkland/Yarrow Bay Office 3933 Lake Washington Blvd NE, Suite 100
425-822-5100 SO
LD
Natasha Bosch 425-766-8019 www.kirklandstyle.com
Heidi Bright 425-820-5343 www.bigdogrealty.com
Craig Gaudry 425-576-5555 www.craig@gaudry.com
G.G. Getz 206-915-7777 www.gggetz.com
WEST OF MARKET
Kathryne Green 425-766-1315 kathrynegreen@windermere.com
Kathy Magner 425-803-9457 kathy@kathymagner.com
Chelle Nelson 206-953-5927 www.chellenelson.com
Carlene Sandstrom 206-910-3662 www.carlenesandstrom.com
$2,900,000
Exquisitely remodeled & immaculately maintained rambler on one of the best lots positioned to maximize lake, city & MT views! Timelessly elegant, an entertainer’s dream home. Perfect indoor-outdoor flow in this private retreat. www.kathymagner.com
KATHY MAGNER
425-803-9457
SO
LD
AQUA VISTA
$1,590,000
Dramatic entry, cathedral ceilings & windows accent the lake view from this 5 bdrm daylight rambler atop Clyde Hill. Beautiful views of lake & mtns from nearly every room, situated on a very private shy half acre lot.
CHELLE NELSON
206-953-5927
HOUGHTON
$1,295,000
Designed to take full advantage of the spectacular lake views this luxurious custom built home exudes the beauty of a Mediterranean villa filled with a warm sense of hospitality. Photo gallery at www.HoughtonViewHome.com
CRAIG GAUDRY
425-576-5555
WEST OF MARKET
$1,237,000
Lake views & an idyllic location...Perfect, flowing floor plan, huge kitchen & great room open to west-facing patio & lawn. 4 Bdrm+Bonus up, Den on main. Peaceful master w/ vaulted ceilings, sunny view deck. www.kirklandstyle.com
NATASHA BOSCH
425-766-8019
SO
LD
$499,400
GG GETZ
BELLTOWN
206-915-7777
KIRKLAND
GG GETZ
$299,000
One of the BEST views in the city! Location, style and ambiance.. This unit in this classic Seattle high rise is a must have! Numerous amenities and just steps to Pike Place and the waterfront. www.BigDogRealty.com
HEIDI BRIGHT 425-820-5343
$459,000
Affordable luxury in Kirkland’s“Highlands”! Tri-level sits majestically on lrg, lush lot. Lovingly updated & upgraded w/designer colors, all new flrng i.e. bamboo, tile, hi-end carpeting; tile festooned baths. Great Rm w/soaring ceilings & banks of windows. www.highlandsperfection.info GG Getz…’Results’!
206-915-7777
REDMOND
KATHRYNE GREEN
$219,775
One GORGEOUS ACRE in the heart of EVERYTHING Redmond and Microsoft! A RARE find where the feel is country, secluded.. equestrian and tranquil! The location is simply one of a KIND! www.CarleneSandstrom.com
CARLENE SANDSTROM
KIRKLAND
206-910-3662
$369,950
Sweet Cottage w/tons of upgrades just 3 blocks from Juanita Beach Wtrfrnt Park. Giant sunny wrap-around deck nestled at base of Goat Hill on Huge 13K Sq Ft Lot. Detached studio options: MIL/Garage/Shop? Listing courtesy John L Scott
HOLMES POINT
425-766-1315
$169,900
Wonderful shy acre lot w/level areas & great lake, city, mtn views. Peaceful setting close to Denny Park and boat launch. Water & Sewer recently brought into street. TOPO completed with buildable main structure as well as ADU/Garage.
KATHRYNE GREEN
425-766-1315 527592
WOODINVILLE
Perfect designer showcase backed by Greenspace for utmost privacy & quiet. Luxury materials & finishes: granite counters & huge island; hardwoods thru main level; soaring ceilings punctuated w/clerestory windows; Italian lighting. Romantic Master w/see-thru frplc. Bring-out-the-Gourmet in You kitch. 20232 134th Ave NE. www.gggetzresults.com