Madison Park Rental Home: $6,250

madison park rental home

This nice sunny Madison Park home on a corner lot with a huge level and enclosed lawn area is now available for rent. Incredible, authentic craftsman features updates throughout, four bedrooms plus an office and sitting room. Kitchen, family room, and four and a half bathrooms with heated floors in a wonderful location, right across from McGilvra Elementary school and a short distance to Madison Park shops and restaurants. This is a classic home and fantastic location! If you’re interested in this, or other Seattle area rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 4/4.5
Price: $6,250

Summerwind Rental Home: $2,295

Renton highlands home

This gorgeous home in the Summerwind neighborhood in the Highlands area of Renton is now available for rent! This 3 bed/2.25 bath home offers a spacious living & dining room with vaulted ceilings and a wood burning fireplace. The kitchen has an abundance of natural light, stainless steel appliances, new cabinets and opens to a sunken family room. The entertainment-sized patio is surrounded by a lovely landscaped yard with a sprinkler system. This home is near great schools, and within walking distance to numerous shops. If you are interested in this or other Seattle area rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 3/2.5
Price: $2,295

Things You Can Do To Secure Your Rental Deposit Back

When tenants move out of their rentals, there are many things that landlords and tenants tend to disagree on in terms of acceptable  wear on the living space. Some landlords won’t charge tenants for minor scratches on the wall and floors, but if you want to receive most of your damage deposit back, here is a nice checklist of things you can do to ensure the deposit lands in your bank account. Be sure to do a walk through with your landlord upon moving in and out of your rental, and take photos of any damage to the walls, windows, appliances etc to make sure you are not held liable for those damages when you move out. windermere

If you live with a pet or have some noticeable stains to the carpets, be sure to give your carpets a good cleaning prior to the move out inspection, as this is something many tenants are charged for. You also want to make sure you have it in writing for who is responsible for cleaning the carpets when you move out. When you’re doing the move out walk through with your landlord, be sure to take note of any damages they intend to hold you accountable for, and review your move in notes and photos to be certain they weren’t there before you moved in. Any discrepancies should be brought to their attention prior to your move out. If you are interested in finding a new rental home, contact your local real estate agent today.

Ready To Move? Time To Take Inventory

Have you found the perfect rental, and are getting your belongings together for the big move? Stop what you’re doing, because this provides an excellent opportunity to scale down, and take a good inventory of your possessions. While adding an extra step to the already growing list of things to do before your move might not seem appealing, a little more work now could save you time and energy in the long run. leschi rental11

First, make a detailed list of all of the contents of your home, including a good description of each item,  a date if you know when the items were purchased, estimated costs and estimated current value, and the make/model of the item. Snapping a photo of each item as you check it off the list will also be helpful as both proof of purchase, and to jog your memory. Set items aside that you have not used in a while, and are ready to be given to Goodwill or thrown out. While this might seem tedious, a good detailed inventory list could benefit you should you need to file a home insurance claim, and will work to help protect your home. This should also help you determine what the right amount of rental insurance coverage will be for you, and if you’ll need to purchase a higher or lower limit coverage. If your house were to burn down right at this moment, would you be able to name every single item in your home? Having a detailed list can help you and your insurance adjuster claim all of your items in the event of a natural disaster or break-in. Keep a master copy of the list in your home to easily update, and keep a digital copy of the file online, saved somewhere safe that you may access easily from other computers, should your computer get stolen or damaged. For more information on Seattle rentals, contact your local real estate agent today.

Credit Bureaus Now Considering Rent Payment History In Score Criteria

housing-marketYour credit score. That elusive number between 300 and 850 that seems to follow you around wherever you go, determining whether you can buy that new car, rent that apartment, and perhaps most distressing for many Americans – whether you can become a homeowner. For many mortgage lenders, the minimum credit score required to approve a home loan is 640, and until now, on-time rent payments have not been a factor in determining your score. For many long-time renters who have accumulated a perfect track record of on-time payments, that omission has been a lost opportunity to give their credit a boost.

But now, Experian and TransUnion, two of the major national credit scoring bureaus, have begun using rental payment data in their credit-scoring criteria in partnership with a website called RentTrack. The site aims to help renters build credit by allowing them to pay their rent online, and by allowing landlords to report their tenants’ payment records to the bureaus. According to this report, almost 20 percent of renters saw their credit scores increase by 10 points after just a month of their landlord reporting payments. While it costs $1.95 per month for renters to use the site to pay online, they can also use it to track their credit progress, and many landlords will cover the cost.

For someone who hasn’t had much opportunity to build credit, this is a great way to practice good habits by making sure your rent is paid on time while simultaneously raising your credit score and opening the door to a future mortgage and home purchase. For more information on renting in Seattle, contact your local real estate agent today.

Average Rent In Seattle Area Nearing $1,300 Per Month

98121After rising by 6.8 percent in the first quarter of this year, the average rent for an apartment in the Seattle area is continuing to rise as the year progresses, and the average now stands at $1,284 per month, according to a report in The Seattle Times. Since this statistic includes not just the city of Seattle but the surrounding cities, as well, there is quite a bit of variation in the average price when broken down by city, and even by neighborhood. The average in West Bellevue tops the list at $1,912 per month, while the average in SeaTac is more than $1,000 cheaper at $901 per month. In the city of Seattle alone, the average is $1,445. There is also a significant difference in rental costs depending on when the unit was built. For units built after 2010, the average is $1,754, whereas the average for a building built in the 1970′s is $1,019.

Among Seattle neighborhoods, rents in Ballard have gone up by the highest percentage, having risen 12.3 percent over the quarter to $1,628. For a neighborhood that has historically been home to mostly single-family homes, the apartment-building boom is significantly changing the residential face of the neighborhood, and while rents are high, Ballard also posted the city’s highest vacancy rate of 8.6 percent in the second quarter. There are many units still under construction, and when they are complete apartment inventory will have quadrupled over the past six years. To go along with that, vacancy rates are expected to rise to 18 percent.

If you are interested in renting in the Seattle area, contact your local real estate agent today.

 

 

 

Learn To Compost In Your Apartment With Seattle Tilth

Seattle Tilth

Do you live in an apartment, or just have limited space in your home, and want to learn how to compost? Seattle Tilth, an organization whose mission is to educate the public about sustainable food systems, is hosting a free workshop on July 15 geared specifically toward composting in small spaces.

The workshop will teach participants about “vermiculture”, or worm composting, which creates a rich compost that is ideal for fertilizing your garden. If you live in an apartment and are able to keep a balcony garden, this is a great way to make it sustainable by using leftover food scraps. The workshop is free and will be taking place at Victor Steinbrueck Park, just west of Pike Place Market. Pre-registration is required, and you can do that here.

If your building isn’t ideal for gardening but you still want to find somewhere to put your food scraps other than the landfill, take advantage of the the City of Seattle’s food waste recycling program. Every apartment building with more than five units is required to have a food waste cart available for residents to use, so check with your building to make sure they do!

If you would like more information about renting an apartment in Seattle, contact your local real estate agent today.

 

 

 

 

Data Shows Half Of Seattle Renters Live Alone

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According to the most recent census data reported by The Seattle Times, Seattle’s population of renters is living up to the city’s reputation for introverted residents. 51 percent of the city’s rent-paying tenants live alone, which is a surprising statistic considering that the average rent in Seattle is now $1,480, up 21 percent from five years ago. Only Atlanta has a larger percentage of solo renters, and most other cities toward the top of the list (Cincinnati, St. Louis and Pittsburgh) have average rents significantly lower than Seattle’s.

But despite the significant rental costs, it appears Seattleites are willing to pay more in order to not have to share their space. No sinks full of your roommate’s dishes (just your own), no fighting over the parking space, and no sharing any of that precious square footage. Single-occupancy units are clustered more heavily in certain areas of the city, including downtown, where three out of every four units is occupied by a single person, and other densely populated neighborhoods such as Capitol Hill, Eastlake, and Fremont.

Though the rate of solo renters is high comparable to other cities, the percentage has dropped from 56 percent in 2009, so it appears renters may be starting to feel the squeeze of rising rents. For more information about renting in Seattle, contact your local real estate agent today.

 

Seattle Rentals May Monthly Recap

King County rental activity dropped in May from April with 262 leased properties, according to stats from the Northwest Multiple Listing Service.  This number is down from the same time last year with 354 leased properties in King County.  Currently, there are 287 available rentals on the NWMLS, with 56 in neighborhoods within 7 miles of the downtown core.  The current highest asking price is $8500/mo for a 2 brd/2.b bath condo. shorewood

For more information about Seattle rentals, please contact me at anytime.

Eastlake Condo Rental: $3,599

eastlake

This elegant 2 bed, 2.5 bath condo unit in the Tramonti condominium is now available! The unit also includes a den and has views of Lake Union and Downtown Seattle. From its sophisticated aesthetics to its steel and concrete structure, this home offers the finest materials and design. Features include freshly painted interior, an amazing open floor plan with European hardwoods, 9.5 foot ceilings, and a gas fireplace. The kitchen also contains stainless steel appliances and granite counter tops. This condo has over 30 feet of roof top deck with full Western Views! If you’re interested in this, or other Seattle rentals, contact your local real estate agent today.

Status: For Rent
Bed/Bath: 2/2.5
Price: $3,599