Seattle Houseboats Market Update July 2015

Seattle Houseboats Real Estate Market Updateseattle houseboats for sale in westlake

What Is For Sale On Lake Union Now?

Lots going on across Lake Union!  There are three Seattle floating homes for sale in Eastlake right now – ranging in price form $525,000 to $1,495,000.  All are two bedrooms which gives you a good indicator that it isn’t about bedroom count for Seattle houseboats! There is one other of the Seattle Floating On-Water Residences for sale in Gas Works Park Marina at $519,000 as well.

Pending Seattle Floating Homes In The NWMLS

There are four Seattle floating homes pending in the NWMLS right now. These range in price from $395,000 for a Portage Bay floating home to $1,298,000 for another Portage bay houseboat.  There is one of each in Westlake and Eastlake pending as well.  They range in bedroom count from 1 to 3 bedrooms and have other individual perks as well.  For instance, our Westlake Floating home for sale is part of a co-op that purchased a money making marina to pay for costs of the dock.  It is currently pending. Each one of these homes is so different and that is why when you are looking at Seattle houseboats it is really important to talk to someone who has the experience needed to help you navigate the waters of lake Union and Seattle Houseboat Living ℠.

Closed Transactions on Lake Union:  Seattle Houseboats SOLD – at least EIGHT IN SIXTY DAYS. 

There were at least two other Floating On-Water Residences as well, but let’s look at the Seattle floating homes segment of Seattle houseboats for sale.  There were six Seattle floating homes that closed in escrow in the NWMLS in the last sixty days.  They ranged in list price from $499,000 to $2,595,000 and range in sales price3 from $465,000 to $2,475,000 with an average sales price to list price ratio of 98.03%.

lake union houseboatsYou can see the full NWMLS sheets and comparisons here:

Seattle Houseboats SOLD CMA

Seattle Houseboats SOLD 2015

Average days on market was 26 days for these. They were all around Lake Union in Eastlake, Westlake, and Portage Bay.  The Lake Union Dock had a couple change hands.  Fairview Landing also had one sell. We specialize in floating homes and waterfront homes, so happily we were involved in a third of these home sales. Molly and I sold a great one at 2466 Westlake Ave N for $1,350,000 (on the market for just 7 days) and we listed the beautiful white floating home at 2031 Fairview Ave E for $975,000 (it sold in 5 days for $971,000). It is difficult to judge these unique Seattle waterfront homes by dollar per square foot.  The range of dollar per square foot pricing is as unique as each of these homes – ranging from $525.42 to $1225.85.  The median price was $1,160,000.  For Seattle houseboats, it really is about your unique needs. Please let us know what you are looking for in a new Lake Union home.

Here are some of the most common things that we get asked about with Seattle Houseboats:

  • Viewsseattle houseboats
  • Boat Moorage
  • Rooftop deck
  • Neighborhood
  • Parking
  • Dock Position (End of dock moorage is always the most desirable and the most expensive)
  • Form of Ownership (Co-op, Condo, Fee Simple, Leased)
  • Proximity of Amenities
  • Storage
  • Pets
  • Fees
  • Taxes
Molly Cartwright 206-841-6800   Courtney Cooper 206-850-8841
We can immediately answer your questions or email us at houseboats@CooperJacobs.com
Seattle Afloat ® Seattle Houseboats Experts ℠: We want to help you live your life Afloat In Seattle™

Seattle Floating Homes For Sale: Houseboats Inventory Movement

Seattle Houseboats On Lake Union  – Inventory Is Afloat!seattle floating home dining room

Seattle Is Afloat! There are several pending Seattle houseboats in the MLS as well, but I wanted to go ahead and get some basic info about what is available for sale on Lake Union right now. There are FIVE ACTIVE Seattle floating homes for sale currently in the NWMLS. There are also a couple Seattle houseboats for rent if you are interested in those so please let us know.

A quick note about Lake Union water homes definitions… (This post is about just SEATTLE FLOATING HOMES for sale.  The term “Seattle houseboats” is an umbrella term which covers floating homes, vessels, barges, and now Seattle floating on-water residences. It has recently become unnecessarily more intricate than it ever needed to be, but it is what it is and we would be happy to help clarify it for you.  Historically, though, Seattlelites refer to all forms of these types of floating abodes as Seattle Houseboats“.)

seattle houseboats for sale in westlakeOK, back to the Lake Union news! There are five Seattle floating homes that are for sale currently.  They range in price from $395,000 for a 1 bedroom in Portage Bay to $1,595,000 for a 2 bedroom floating gem in the prestigious Mallard Cove floating homes community in Eastlake. The median list price of these incedible Lake Union floating residences is $948,000 which also happens to be the list price of our Westlake floating home for sale right now.  There are two Eastlake houseboats for sale in this mix, two in Portage Bay, and one in Westlake.  All three Lake Union houseboats communities offer different Seattle Waterfront Living styles and each one is unique in character and charm. The average days on market is 21 days currently and the average dollar per square foot is $802.91 per square foot.  Square footage on floating home docks is not a reliable source of value always because there are so many structures of ownership to take into account.  Each Seattle floating home is different and there are also no two docks alike on Lake Union.

Interested in Living On A Houseboat In Seattle?

seattle houseboats expertsIf you are interested in Seattle Houseboat Living, then please let us know.  We would be happy to help you find your perfect spot to live Lake Union Afloat℠!  Call/Text/Email anytime.

Molly Cartwright 206-841-6800  Molly@CooperJacobs.com

Courtney Cooper 206-850-8841  Courtney@CooperJacobs.com

© Cooper Jacobs Real Estate™  © Seattle Afloat ®

Live Your Life Afloat In Seattle™!

Westlake Floating Home Tour In Style

Westlake Floating Home – $965,000 and just gorgeous Seattle waterfront living.

This is the perfect place to play all summer and cozy up in winter time by the fire to write your novel.  Seattle is full of life and with companies like Weyerhaeuser and Expedia moving in to close in Seattle neighborhoods, Westlake is a perfect place to live! Washington is still ranked as number one for bikes across the country and this Westlake floating home is right on the Burke-Gilman Trail!  With beautiful pathways and parks, Westlake has a lot to offer those looking at Seattle houseboats.

Please watch the video and then let us know if you would like more information.

seattlehouseboats@cooperjacobs.com  Molly: 206-841-6800

Cooper Jacobs Real Estate proudly presents:

our gorgeous Seattle floating home listing at 2420 Westlake Ave N.

Please let us know if you would like more info on Seattle houseboats, Seattle floating homes, or Seattle waterfront homes.   Also, if you are thinking about listing your Seattle home, please know that we are among the few that pay for our client’s staging bills.  This will save you thousands of dollars and can end up netting you tens of thousands of dollars over list price.

Please email one of us for details (no catch – promise).

courtney@cooperjacobs.com or molly@cooperjacobs.com

Seattle Houseboats History Resource

Curious about Seattle houseboats and their history on Lake Union?seattle houseboats

You have to go back over a hundred years and look beyond Lake Union to see the roots of Seattle houseboats.  Beth Means and Bill Keasler  wrote a great piece about Seattle houseboats history on The Seattle Floating Homes Association website.  Seattle Floating homes have played a significant part in shaping the city’s history and landscape.  We at Seattle Afloat have a whole category on this site dedicated to it: Seattle houseboats history on Seattle Afloat.

There is also a great spot to see amazing pictures and get more information on HistoryLink where the site describes various houseboats around Seattle and their origins:

“Some of these communities — especially those off the Madison Park and Leschi neighborhoods on Lake Washington —  were formed by the well-to-do who enjoyed summering aboard their fancy abodes. Others — along the Elliott Bay waterfront, the Duwamish River, Harbor Island, Salmon Bay, Lake Union, Portage Bay, and Union Bay — were mainly inhabited by workers struggling to stay financially afloat.. “

Howard Droker wrote the fascinating book Seattle’s Unsinkable Houseboats in 1977 and there is a great video about Seattle houseboats featuring him on the http://www.lakeunionhistory.org/ website.  I have embedded it here because it is worth a watch:


Vannessa Ho at the Seattle PI wrote an interesting piece about Seattle houseboats  – it was a cool slide show of houseboats then and now.  Here is a link to that slideshow: http://www.seattlepi.com/local/slideshow/Seattle-houseboats-Then-and-now-64448.php

seattle houseboatsIf you are curious about Seattle houseboats and interested in purchasing a Seattle floating home, then please let us know.  These are special homes and the ultimate in Seattle waterfront living.  You should work with real estate agents who understand the ins and outs of Seattle houseboats.  Molly and I understand all of the unique intricacies of the Seattle floating home world and we are happy to help you.  We can also help you with the various FSBO floating homes available across the lake.

You can reach Molly at 206-841-6800 or Molly@CooperJacobs.com or me at 206-850-8841 or Courtney@cooperjacobs.com

Cooper Jacobs Real Estate for all your realty needs – we have brokers who specialize in all Seattle neighborhoods and suburbs.

Seattle Houseboats Happenings: Lake Union Ramblings

seattle floating homesA few random Lake Union thoughts –  Would love to hear some of your thoughts, too….

Seattle Floating Homes Association Website – One word: Gorgeous.  The updated Floating Homes Association website is fresh and beautiful.. I am jealous I didn’t make it myself.  Love it.  Kudos! You can see it here: www.seattlefloatinghomes.org Jann, I know you had a hand in that and it’s amazing!  You can see all the newsletters, updates, tour info, etc.  I particularly am fond of the Seattle houseboats history page.

Reality TV and Seattle houseboats.  It’s been overdone already. Have you watched  those shows on HGTV and other channels?  Molly and I get phone calls almost every other week from producers hoping to film the next reality TV show featuring  Seattle houseboats and us.  They ask us to be on these shows, but we say NO.  We STRONGLY believe that protecting the Seattle houseboat community’s privacy is far more important than cheap fame for ourselves.  We appreciate all that the Seattle floating home community has given to us and we would never ever cross what we feel is a strong trust boundary.

FSBO Seattle floating homes – dining room 2Word on the docks is lots of private sales going on.  Last night it was the talk of the Seattle Floating Homes Association meeting.  Molly verified it with Krista Todd at Sound Community and I verified it with Phil Miller who is a local legend and closes most of the floating homes in escrow.  Of course being real estate agents, we are partial to the idea of listing your home in the NWMLS (with Cooper Jacobs Real Estate preferably), but putting that aside, why aren’t you listing your floating home with a Realtor (please also make sure they are actual dues paying Realtors who abide by a code of ethics)? The Realtor’s commissions aren’t that high in comparison with how much more money the open real estate market would bring you in the form of a higher sales price.  I know news travels fast on the docks when someone is ready to sell, but even that can’t compare to the global exposure the MLS and the internet offer. I would love to hear some feedback on this.   Many FSBO buyers have the false misconception that if they go around the listing agent then they will be able to get the home for a discount to the tune of that full listing broker and selling broker commission.  That simply isn’t true.  While the seller may be willing to give you somewhat of a discount, in most cases they will more likely want to pocket the savings of not listing it themselves.  Any discount you could have gotten would easily be beaten by a skilled real estate agent in a negotiation.

seattle houseboats


 

That’s it for now – as always, thank you for your business.  Molly and I love serving this community and look forward to doing it for a long time.  please email us or call us if you need anything at all  – Molly Cartwright 206-841-6800  Molly@CooperJacobs.com  Courtney Cooper 206-850-8841  Courtney@CooperJacobs.com  We are Seattle Houseboats Realtors.