seattle floating homes

Let’s Talk Home Sales: Covid-19 And Real Estate On The Lake

Portage Bay Floating Homes

Obviously Coronavirus and Covid-19 have had a mind blowing effect on the world we live in. Real estate is no different in that regard.  When the governor first shut the state down, we were worried about the impact that this would have on our economy overall, but specifically with regard to Seattle real estate and especially the Seattle floating homes market which is my home. What we have found is an actual significant uptick in the Seattle houseboats and floating homes market.  My ongoing theory has been that people would much rather be quarantined to the natural beauty of our floating homes neighborhood rather than stuck somewhere else. While I have worried for my friends and family, I personally have really enjoyed being quarantined at home with my son. It doesn’t quite feel like being shut in when you have the boat parade and water scenery before you all the time. Walks around Lake Union, Portage Bay, through the empty UW campus, and surrounding neighborhoods have added depth to our experiences, but I keep coming back to the peace and serenity I feel on the water. I think that this global pandemic has caused a lot of people to reevaluate their living situations.

So how has this affected our Seattle floating home community’s real estate market? 

Seattle houseboats Realtors Courtney Cooper and Molly Cartwright with Seattle Afloat at KW North Seattle getting a floating home ready to be shown.

Surprisingly well believe it or not!  I ran numbers on Seattle floating home sales beginning with the lock down (not including other kinds of houseboats – just floating homes). The dates are 3/16/20-6/27/20 as of this writing. I then ran the numbers for the same period in 2019.  The results are astounding!  We have a 217.60% increase in volume year over year.  This accurately represents what we are experiencing. 

March 16th – June 27th 2020:  Ten Seattle floating homes are either Pending or have sold during this time frame with a total volume of $15,841,000.  Molly Cartwright and I were/are involved with  eight out of ten of these or 80% of the ten floating homes sold or pending. 

March 16 – June 27th 2019: Five Seattle floating homes sold during this same time period in 2019. HALF! The volume was even lower at $7,280,000.  Molly and I were involved in three out of the five of these sales or in other words 60% of the homes that sold during that time. 

Uptick in Seattle Houseboats real estate seems to boil down to a few things: 

  • More targeted and precise marketing by us for floating homes listed
  • More serious Seattle houseboats buyers – they are goal oriented, qualified, and determined.
  • More desirable floating homes to be quarantined to – our Seattle houseboats community overall is magical
  • Increased availability – Some of our long time residents have decided to sell what I consider to be legacy properties resulting in floating homes that we haven’t seen listed in decades.

As a real estate broker, I can say that our industry has been turned upside down with this.  We have added more virtual tours, photographs, video walkthroughs, and property films than ever before. There have been no open houses.  When we were finally allowed to show or inspect homes it was with limited people to the point that in the beginning husbands and wives had to take turns looking with one of us.  Masks and gloves are the new norm.  Inspections were performed with the agent and inspector facetiming the buyers out in their car.  No flyers.  No business cards.  No new signs because the sign company was not considered essential.  Even moving companies were not considered essential. The state has opened up more and it is easier to buy and sell real estate, but restrictions are still in place and will be for a long time. We adapt and excel.  Change is always inevitable and it is important to be able to switch gears to best represent your clients safely.  We have got this! 

The restrictions put in place over this pandemic have actually been beneficial for our sellers who understand and follow our advice. Open houses do not sell homes and invited a lot of “lookie loos” and we spent a lot of effort educating what were sometimes just tourists about our lifestyle on the lake. We are now able to qualify buyer prospects more stringently and we go through an entire run down before we ever go in a house. We sanitize our listings before and after showings. We make sure anyone in your home is wearing masks and gloves. Marketing material is virtual and so our sellers have a “leg up” because we already are the leaders online for floating home marketing. It has been fascinating to watch some of these properties change hands.  

seattle houseboats for sale

Thank you. Molly and I are so very thankful for the opportunity and grateful for the chance to advocate for you and this special neighborhood of floating homes in which I call home. We will never take it for granted. Please reach out if you need anything at all houseboats@coopercartwright.com 206-841-6800 or 206-850-8841

Seattle Houseboats: Floating Homes Market Report

Seattle Afloat’s Molly & Courtney sold three of the FOUR floating homes in the two months.

We are deep into the 2019 holiday season now and Molly and I are so thankful for the fabulous year that we have had. We love this community so much and appreciate that you think of us first when it comes to buying or selling your Seattle floating home. We look forward to 2020 and serving the Seattle floating homes community well into the future.

Let’s catch up on the Seattle floating homes market over the last couple of months! There are five floating homes for sale in Seattle currently. They range in price from $550,000 for a two bedroom with a long term lease in Portage Bay to $3,200,000 for a brand new construction luxury floating home with a basement in Portage Bay. Three of these Seattle floating homes are in Portage Bay, one is in Fremont, and one is in Eastlake. The average list price is $1,710,000 and the average dollar per square foot is $1061.82 with a range from $672.37 to $1,315.79.

Looking at closed sales in the last sixty days, there have been four Seattle floating homes for sale that have sold through the MLS that range in price from $500,000 to $2,700,000 with a median sales price of $882,500 and an average days on market of 54 days. Three of these were in Portage Bay and one was in Westlake. The average sales price to list price for these floating homes was 95.67%. Molly and I sold three out of four of these! We definitely know the market and are happy to help you if you want an evaluation. We have specialized in Seattle Houseboats for over a decade and can offer you a wealth of experience and knowledge. Living in, working in, and giving back to this community is what we do. We also have a FOWR Seattle houseboats specialist on our team now to serve the many Seattle houseboats that are not floating homes. Reach out and we can introduce you to one of our houseboats agents Susan so you can learn about this special segment of the Seattle houseboats lake market, too. There’s lots of real estate on the lake in Seattle and we are here to help you with all of it.

Want more information? We at Seattle Afloat are Seattle Houseboats Experts and the only team working on the lake today that has been successfully representing clients together for almost two decades.

Courtney Cooper & Molly Cartwright 206-850-8841/206-841-6800 houseboats@cooperjacobs.com

Seattle Houseboats Open House Today!

Seattle Floating Homes Market:  Welcome Home To The Log Foundation

Looking for Seattle houseboats living? The Log Foundation’s Seattle floating home at 2025 Fairview Ave E #Q, thoughtfully designed by local architect, this waterfront living dream has huge upwards investment potential.  Come aboard this very special Eastlake floating home to enjoy a slice of nature and art.

Light, bright and a beautiful upscale kitchen with more than ample storage. A cleverly designed built in kitchen table to maximize space. Two bay windows to relax and day dream in the living room. Master en suite on upper level with flexible room for office or upper den.  My favorite part of this is the wide open channel views out of the bedroom corner.

Enjoy your private south facing balcony to soak up the west facing sun. A few more steps up to enjoy the amazing roof top views. Moor your boat or water toys. Wonderful neighbors & great co-op dock! Low dues!   $750,000

Call or text us to see it as it won’t last long at this price.  Want to look at a property that actually pencils out as an investment?  Let us know and we will show you how the numbers work on this one and others.

Seattle floating homes experts: Courtney Cooper 206-850-8841/ Molly Cartwright 206-841-6800  houseboats@cooperjacobs.com

Seattle Floating Home $699,000 Just Listed In Westlake!

Welcome to the 2420 Cooperative Seattle Floating Homes Dockseattle floating home for sale in Westlake

2420 Westlake Avenue North #8
Seattle, Washington 98109

The FLOAT

You should always start with the float on a Seattle floating home, but most people start with the house itself to make sure it checks all the Seattle houseboats boxes.  Each one of these is so very different, but it is important that once you identify the perfect Lake Union floating home that works for your living style, then you go right to the float. The true value in Seattle floating homes in across Lake Union and Lake Union’s eastern arm Portage Bay is the slip dimensions.  The slip sizes for any given slip were largely determined and set in stone across coop docks by looking at any existing structures that occupied the slips at the time that the dock was converted to a coop. These dimensions were then recorded and grandfathered in.  Many of them exceed the limit of brand new homes allowed on the lake so slips with footprints larger than 1200 square feet are especially valuable. seattle floating homes

Length: 37.4ft  Width:  30.8 ft

Water Depth:  45ft with no obstructions.

Stringers:  11 pressure treated stringers running east to west.  
Decks The front deck is constructed of treated 2×6 surface boards and 4×6 joints.

Log pack. Beneath the stringers are 9 old growth logs that run east to west. They provide both structure and flotation for the home. They are in a stable configuration, anchored securely with stringers pins.  

Flotation:  6-9ft Styrofoam logs. 41 55-gallon flotation barrels

HOME

  • Early 1900’s year built | 2 beds | 1 Bath | Approximately 700 sq ft
  • Hardwoods | wrap around deck | sunroom | boat moorage
  • $500 Home Owner Dues include:  dock water, sewer, garbage. Dock maintenance, DNR lease, pay off for 8 slip marina, and floating home moorage real estate taxes
  • Personal property tax (paid biannual or annually) is $1,200
  • 8 slip marina owned by 2420 Cooperative anticipated paid off by December 2018
  • Laundry and shower facility at the head of the dock is for the slip tenants.
  • Home Insurance $1900 annually through Lloyds of London underwriters.
    July 2018 Home and Dive Inspection performed.
  • New mini split (heating/cooling) and new attic insulation.
  • New steel moorage arms in 2018.

Seattle floating homesFrom Our Lovely Seattle Floating Home Sellers:

Things We Love About Living Here

We love to hop on our bikes and cruise along the newer Westlake bike trail to Fremont.
We would sometimes attach our pet bike carrier since our favorite bar in Fremont Norm’s on 36th Ave allows dogs inside!

We walk out our sliding glass door and hop on our Paddleboards and other water toys to unwind after a long working day.  However our favorite time is in the early morning hours when the city is still sleeping. SUP yoga anyone?

We love to watch the beautiful yachts cruise into the Westlake marinas and play a game of how this billionaire made their profits!  Plus we like the privacy of living next to a quiet marina instead of a house around every corner.

Nature is everywhere we look and our favorite is to see the Blue Heron hunt for its food right outside our door.

seattle houseboats experts

We love to hear the sounds of seaplanes in the distance.  The next time we want to go to the San Juans, we can kayak to Kenmore Air to catch a ride.

The Floating Home Association (FHA) is an awesome community that is always bringing the floating home community together.  Sometimes it’s a dock party (Docktoberfest) or it’s an informative annual meeting (each April) to discuss how we can continue to preserve and improve our lifestyle.  

Above all, we love to tell people (when asked) that we live in a houseboat or floating home.  It never fails to bring a slew of questions about what it’s like and that they’ve always wanted to do the same thing.

Want to see this one?  Call/Text Molly Cartwright 206-841-6800 or Courtney Cooper 206-850-8841  or email us at houseboats@cooperjacobs.com We are Seattle Floating Homes Experts and happy to help you with this special kind of Seattle home.  

Seattle Houseboats Floating Home Market Is Heating Up In July!

Looking for your perfect Seattle floating home to live the most amazing lifestyle in this city?seattle floating homes realtors

The Seattle houseboats market is finally heating up and inventory has loosened up enough that buyers are having choices, but at the same time these Seattle floating homes for sale that are on the market are getting more serious looks.  Let’s look at what’s going on.  There are nine Seattle floating homes on the market ranging in price from $850,000 to $3,499,000. The median price for the current offerings is $1,795,000 so there is definitely a shortage of the lower to medium end floating homes for sale.  In fact the only floating home for sale on Lake Union currently that is under a million dollars is not in an owned slip. All other eight floating homes for sale are in a condo or co-op dock and have secured moorage ownership. Five of the nine floating homes for sale are in Eastlake and on Fairview Ave E.  The remaining listings are in Lake Union’s Eastern arm, Portage Bay,  which has become a hot commodity in recent years.

Featured Seattle Floating Homes For Sale: 

Molly Cartwright and I are full service Seattle floating homes specialists.  We can help you navigate the process of purchasing a floating home and help educate you on all the ins and outs of them.  We are happy to show you these and others on the market – no matter who they are listed with. We also have our finger on the pulse and know what’s coming on the market.  I live and work in this community and I love it.  I am a Floating Homes Association board member and give back. Call Molly or me and we can show you our favorites: 206-841-6800.

2017 Fairview Ave E #N:  2 Bedrooms, 1.5 bath $1,795,000seattle floating homes

Step aboard your newly remodeled floating home in Eastlake. Gorgeous kitchen includes granite counter tops, new cabinets, under counter refrigerator, and warm your toes on the heated Travertine floors. Or opt to use your outdoor grill while soaking up the sun and views. In the lower level, a comfortable master bedroom with ample closets, a cozy fireplace, and access to the lake from your deck. Second bedroom plus bonus room. Walk to Serafina, SLU, Essential Bakery, Pete’s Market.

3146 Portage Bay Pl E #G: 3 Bedrooms, 2.5 Baths $1,999,000seattle floating homes

Beautifully designed by Prentiss Architecture, this new floating home expands over 1,980 square feet of luxury. Handsome cedar on the exterior and warmth from radiant heat inside. Black honed soapstone kitchen counters compliment custom cherry cabinets with energy efficient stainless steel appliances. Gorgeous Maple hardwood floors unite the open concept floor plan. Loewe windows + nano doors to bring the outdoors in. Category 5 wiring. Seattle waterfront at it’s finest.

2822 Boyer Ave E #2: 3 bedrooms, 1.75 baths $2,350,000Seattle floating homes

Luxury high end 3 BR smart home floating paradise w/ rooftop deck. Automated lighting, Lutron shades, sec cams, 10-zone audio, more w/ touch pad controls throughout house & remote access. Decks on 3 levels. Exotic zebra hrdwd, Pedini Italian cabinets, underlit glass molded cast glass staircase + 6 antique operable brass portholes frm an English luxury liner. Upscale kitchen w/ Bosch and Gagganau + outside Lynx BBQ cooking area. Solar powered boat lift. Parking, Moorage, Low Dues,Great location!

 

We look forward to hearing from you soon!   – Courtney Cooper 206-850-8841 courtney@cooperjacobs.com

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