West Seattle’s Blake Apartments to Begin Construction Soon

It’s official; according to the folks at the West Seattle Blog, Indigo Real Estate Services has announced that plans for the 5020 California SW apartment complex are scheduled to begin construction in January 2013, and their aiming to be open for tenants the summer of 2014. That means for those West Seattleites who have anxiously been waiting for 5 or so years for  an update on the former Spring Hills project: the Blake Apartments are back on! big-house-01

The Blake was named after the most visible island that can be seen from the building rooftop deck, the complex will also offer views of the Puget Sound and Olympic Mountains for its residents. The Blake will be an upscale, pet friendly establishment, with 101 units including two story town homes, studios, 1 bed 1 bath, and 2 bed 2 bath apartments. It will have 87 underground parking stalls, and a secure indoor bike storage, with a greater ratio for tenant parking than most complexes in the Junction. For more updates and information on the Blake, submit your contact information today.

What Can You Rent for $1,500/Mo These Days?

If you’ve been renting or researching the rental Market in the Seattle area lately, you know that the cost of rent has continued to rise in recent months with inventory low and and high demand. But how do we compare the cost of rent to the rest of the US? Our friends at Zillow have sorted through rentals across the States, and compiled a list of what a typical rental, from single family homes to high rise apartment units will look like if your budget falls in the $1,500/Month price range.

In Miami FL,  for $1,495 residents can reside in a 3 bed, 3 bath 1,412 sf condo with lake views, and of course a sun deck to enjoy that Florida sunshine. In Las Vegas, one can rent a 2 bed 2 bath penthouse in a resort style apartment complex. Features include a large master, granite counter tops, and amenities such as a workout facility and pool and spa. over here in the Pacific Northwest, the Zillow folks have chosen a  2 bed 2 bath 727 sf West Seattle rental listed for $1,450 a month, with hardwood flooring, stainless steel appliances, and laundry facility in unit. This unit also has a built in sound system. How do you feel Seattle stacks up among other metro neighborhoods?

New West Seattle Estate Rental On the Market

This West Seattle Estate will be available to rent August 1st, and has breathtaking views over Puget Sound, the Olympics and the Northwest Islands! The beautiful grounds, including the garden out front have been well maintained and the deck out back practically sells the rental itself. This 5 bed, 4.25 bath home has been here for nearly 100 years, and is available to rent month to month, furnished or unfurnished. The living room and kitchen have huge bay windows looking out across the Sound, as do the majority of other rooms in this massive 6,350 sf rental. For more information on this luxury rental, or other properties in the surrounding Seattle area, visit Ewing & Clark Inc.

Status: For Rent
Bed/Bath: 5/4.25
Price: $4,700

Curious How Much Your Rent Has Risen? Rental Prices: Past and Present

Do you find yourself wondering what your rental cost would have been, had you moved into your basic one bedroom apartment 3 years ago? Me too! The cost of rent in the Greater Seattle area has steadily risen over the past few years without inventory changes, although builders are starting to pick up where they left off, and apartment building construction is now on the rise all over the city. If you were to take a look at the cost of living in your neighborhood, say in 2007, how much do you think your overall cost of living would change? Well we’ve got the results! Seattle Metropolitan has the stats and the changes might make you resent your non waterfront view home. For instance, the average cost of rent in the Ballard neighborhood back in 2007 was $755, and today the same unit costs around $1,188. Ouch! Take a peak at your neighborhood, you might wish you could rent a time machine.

Looking Into Being a Landlord? Pick a College Town!

Have you been looking into the perks of being a landlord? Purchasing properties in college towns will typically convert into a rentable unit, no matter how the economy is doing in any particular area. College towns generally provide a steady flow of jobs for locals and school enrollments are on the rise with the unemployed going back to school to seek new job skills.

Along with the increased demand for available units, according to CNN Money, the cost of rent has continued to rise by 5% over the past 12 months, and we can expect the cost to continually increase. For buyers in the college town market, there are plenty of bargain deals out there and the closer to the campus, the better. According to Coldwell Banker’s College Home Listing Report for 2011, the typical 3 bed 2 bath home sold for less than $200,000 in nearly two-thirds of the college markets in the US, and in 1/4 of the towns, the same size home sold for under $150,000. For more information on this article visit CNN Money.

Wonderful Craftsman in West Seattle- RENTED

Wonderful Craftsman with sweeping views of The Sound and the Olympics. The home has very dramatic features, but still has the comfortable feel.  This rental offers 3,700 square feet of living space, and lots of outside spaces as well. Wonderful gourmet kitchen with maple cabinets and pantry. Walking distance to Fauntleroy shopping and cafes. Landscaping to be included with rent. Please follow the links to find full listing details and photos of the home. To see more luxury rentals, click here.

Status
For Rent
List Price $3,450
Bed/Bath 3/2.5

Wonderful Craftsman in West Seattle- RENTED

Wonderful Craftsman with sweeping views of The Sound and the Olympics. The home has very dramatic features, but still has the comfortable feel.  This rental offers 3,700 square feet of living space, and lots of outside spaces as well. Wonderful gourmet kitchen with maple cabinets and pantry. Walking distance to Fauntleroy shopping and cafes. Landscaping to be included with rent. Please follow the links to find full listing details and photos of the home. To see more luxury rentals, click here.

Status
For Rent
List Price $3,450
Bed/Bath 3/2.5