acreage for sale spokane valley

Western View Estates Brings Gorgeous Exclusivity to the Valley

lakefront property for sale spokane

Say YES to Luxury Lakefront Living in Davenport, WA

housing prices on the rise in spokane

3 Ways to Know When it’s the Right Time to Sell

One of the biggest questions people have about real estate is when’s the right time to sell? There are many deciding factors that go into the timing of selling a home, ranging from financial, practical, and personal needs. If you’re in the position to sell now and just aren’t sure if the market conditions are right, there are a few important indicators you can look for.

 

Here are the top three things to look for in the local Spokane market to know when it’s the right time to sell:

 

#1 Low Inventory Market Conditions

 

In the simplest terms, “low inventory” in real estate refers to the number of homes that are currently for sale; these homes are the available “inventory.” A low inventory market, like what we’re seeing in Spokane and surrounding areas right now, is great for sellers.

 

When you sell your home in a low inventory market, you have a couple of competitive advantages working in your favor. First and foremost, there is simply less competition from other sellers, as there are fewer homes on the market in general. If the number of buyers remains higher than the number of homes on the market, each buyer is likely to look at a higher percentage of all homes currently listed for sale. This is math-speak for saying that the odds of your home getting a showing with a buyer are better during a low inventory market like what we are seeing now.

 

And you not only have better odds of getting any one buyer through your door, but you also are likely to have a higher percentage of all total buyers scheduling a viewing. This means that you’re getting a bigger slice of the buyer pie seeing your home online and in person than you would have had in a high inventory market.

 

The more buyers you can get your home in front of, the better your odds of receiving an offer. But it’s important to remember that just because inventory is low and buyers have fewer options doesn’t mean this a good time to skim on preparing and presenting your home for sale. Holistic and professional home preparation paired with a thoughtful digital listing strategy is always the best plan of attack when selling, in any market.

 

#2 Highly Motivated Buyers

 

Interest rates are complicated and can affect the real estate market in diverse ways, but in general, when interest rates are low, buyers become much more serious. Currently, interest rates are low and have recently dropped by almost a whole percentage point, and buyers are eager to take advantage of this money saving opportunity. From a buyer’s perspective, having the ability to save on mortgage interest is a strong motivating factor. And if/when interest rates do go up, this can significantly diminish the buying power for many buyers, which puts additional pressure on serious buyers to buy now.

 

Highly motivated buyers are good for sellers in general, as they tend to come with fewer demands. In real estate terms, it’s possible that highly motivated buyers will ask for fewer concessions, and will present more competitive offers. With more buyers than homes for sale, you also have the potential to end up in a “multiple offer” situation, allowing you to select the best offer.

 

When the market produces more serious, motivated buyers, sellers also benefit in purely practical terms, too. When inventory is high, sellers tend to see more “looky-loos” who just want to see the inside of the house with little-to-no actual intent to buy. This can be a nuisance and a waste of time and energy for sellers. Getting your home in front of motivated buyers is one of the biggest challenges in selling your home, which is why the current low-inventory market makes this such a smart and convenient time to sell.

 

#3 Prices are Going Up

 

Rising prices are always a great indicator of a good time to sell. Currently, the market is shifting to a full-on seller’s market. In a seller’s market, we tend to see prices going up as there is a shortage of homes for sale and plenty of active buyers. From a seller’s perspective, high buyer demand and low inventory competition creates a favorable environment.

 

Sellers will want to take advantage of these increasing home prices sooner rather than later. Finding a real estate agent, preparing your home, and listing it are all tasks that should be started now in order to hit the seller’s market in full swing.

 

In addition to housing prices on the rise in Spokane, the low inventory conditions also means that sellers have more leverage when negotiating against concessions. It’s important to work with a knowledgeable and experienced real estate team that can advise you on what listing prices and concessions make sense in the current local market.  

 

Buying a Home With The Real Estate Agent Spokane Team

 

The best way to sell a home in Spokane is to work with a real estate team who understands the local market and the listing and negotiations process. The Real Estate Agent Spokane Team is dedicated to informing and guiding sellers so they get the best offer on their home. We’d love to connect and discuss how we can help you list and present your home, from the initial consultation all the way through closing and purchasing a new home.

 

Carrie Meyer, Team Leader, delivers superior client care to those looking to buy or sell real estate. Our team works to educate and empower our clients through one of the biggest transactions of their lives by bringing a structured, process-driven methodology to bring consistency and clarity to a real estate transaction.

buy property spokane

Saddle Mountain Ranches – Where Acreage Meets Convenience

lakefront property spokane

3 Surprisingly Central Places to Buy Acreage Near Spokane

For many, buying acreage is the very definition of the American Dream, a sentiment that hasn’t changed much in almost 250 years. But the conveniences that come with city living are hard to walk away from entirely. The good news is, you don’t actually have to. You really can have your acreage and your city, too when you live in one of these surprisingly central communities:

 

#1 Saddle Mountain Ranch, Spokane

 

Saddle Mountain Ranch is a unique gated community offering lots of 20 acres and larger. Residents enjoy the privacy that comes with living on a large parcel of land, while still enjoying a real sense of community. Living on acreage in the pristine forest means you’ll be able to hike, mountain bike, ride horses and ATVs, garden, and more. This is a great place to own horses, dogs, chickens, and goats and to truly live among nature. And when you’re ready to head back into town, it’s only about 10 minutes up the road to Suncrest and Nine Mile Falls, and only 35-40 minutes to Downtown Spokane and all its awesome events.

 

Highway 291 runs right through the middle of Suncrest and serves to connect Saddle Mountain Ranch back to Spokane proper. Being that such a significant highway bisects the town, it’s no surprise that Suncrest has really grown into its own in the last few years. While there was always a bar, a pizza joint, and a drive thru coffee stand, among other things, Suncrest now has a Rosauers grocery store, an independent pharmacy, multiple dine in and drive thru restaurants, a gym, physical therapy office, salon, chiropractor and medical/dental center, as well as a brew house. And another 10-15 minutes brings you back into the heart of Spokane. Saddle Mountain Ranch’s close proximity to the city makes it ideal for those who want to live in the country and commute in to work.

 

Saddle Mountain Ranch sits within Stevens County and feeds into the Nine Mile Falls School District. Lakeside High School services just over 500 students with 28 full time teachers. Lakeside High School participates in the AP program.

 

Large lots, gorgeous forest views, great schools, and a close proximity to both Suncrest and Spokane make Saddle Mountain Ranch an ideal location for those looking to escape the city without sacrificing the city conveniences. Lots are currently available for purchase in Saddle Mountain Ranch and come with special forest tax benefits.

buy property spokane

Stunning river views from property in Saddle Mountain Ranches

#2 Roosevelt Lake, Davenport

 

If you’ve ever dreamed about having a lake house, then look no further than Davenport. This quant area is known as the “Gateway to the Lake Roosevelt Recreation Area” and is located off of Highway 2. Davenport has both full and part time residents, making the area perfect for everyone, whether you’re looking to make this your permanent residence or just a weekend getaway. When you buy acreage on Lake Roosevelt, you get the full lake experience: boating, swimming, water skiing, hiking, ATV riding. Davenport even has a skate park, a water park, and a community garden.

 

The ease of access from Davenport is almost unparalleled. Davenport and Lake Roosevelt are just off HWY 2, which connects to US 90, the major thoroughfare that connects Seattle to Spokane. Fairchild Air Force Base and Spokane International Airport, two huge employers in the area, are mere minutes away off Hwy 2. The incoming Amazon facility will also be close by, and will be bringing around 1,000 jobs with it. From Davenport, it is only a short drive to Downtown Spokane and all the events, like Hoopfest, the Bloomsday race, and more. Head North and you’ll quickly arrive in Leavenworth, Washington’s very own Bavarian Christmas town. Stay the course for a couple more hours, and you’ll be in Seattle, the Gateway to the Pacific.

 

Davenport School District has an elementary, middle, and high school. Davenport Senior High is ranked #29 in the entire state with a staggering 97% graduation rate. The school also offers the AP program.

 

Lakefront lots are currently available for purchase in Davenport on the Spokane arm of the lake. Lots range from $99,500 to $119,500 and have water, power, and phone service to the property.

lakefront property spokane

Overlook Lake Roosevelt while being only minutes from Spokane

#3  Western View Estates, Spokane Valley

 

Western View Estates is an exclusive gated community in Spokane Valley that allows homeowners the ability to buy acreage while still being minutes from everything in Washington and Idaho. Land in Western View Estates comes with stunning views of the mountains and Downtown Spokane, while being entrenched in lush, green forests. Wildlife is plentiful, and it is common to see elk, deer, and wild turkeys on your property. Build the home of your dreams on 20+ acres of forested beauty.

 

The Spokane Valley is located on the eastern side of town, on the way to Idaho. This central location gives residents of the Valley the best of both worlds – they can just as easily participate in activities in Downtown Spokane as they can at Silverwood Theme Park just outside of Coeur d’Alene, Idaho. Western View Estates is only 12 minutes away from some of the best shopping in the state at Spokane Valley Mall. Take a short drive and you can be relaxing at the gorgeous Coeur d’Alene Resort, or escaping for an unforgettable weekend ski trip at Schweitzer Ski Resort. Looking for some sun and sand? Lake Coeur d’Alene offers swimming, boating, and camping, all just a short car ride away.

 

East Valley School District services Western View Estates. East Valley High school is larger, with over 800 students and a student to teacher ratio of about 19:1. The school has an impressive 92% reading proficiency rating and a 90% graduation rate.

 

Lots are available for purchase in Western View Estates, and have underground power.

buy acreage spokane

Unparalleled views of forest, mountains, and Spokane from Western View Estates

Ready to Purchase Land Near Spokane?

 

Good news – property is currently for sale in all three areas! Use your own builder or use one of ours to craft the home of your dreams.

 

Lakefront and forest acreage is highly sought after in Spokane, which is why the Real Estate Agent Spokane Team recommend setting up a search early on. If you’re considering these areas amongst others, or are looking for something specific, give us a call so we can help you find the perfect place for your needs and dreams. I specialize in helping people relocate to Spokane, and buying acreage is one of the biggest reasons my clients move to Spokane and the surrounding areas.

 

If you’re looking at buying land and building a home in or near Spokane, we’d love to learn a little more about your move and help you find the perfect space. Whether you’re looking to upgrade, relocate, or downsize (or all three!), we can help you find what you’re looking for. Contact me today to set up a custom search and learn more about Spokane’s diverse offerings.

investment real estate spokane

3 Things You Need to Know Before Buying Investment Property in Spokane

How to Take Advantage of a Hot Rental Market & More

It is age-old adage that owning real estate is the best way to build wealth, and that can certainly be true – especially if you’re investing in real estate outside of your primary residence. And while real estate in general is a good investment, rental properties in Spokane are doing especially well – Spokane is currently enjoying less than a 1% vacancy rate. While this fluctuates from year to year is has remained less than 3% over the last 4 years. But investing in real estate certainly isn’t without its risks, which is why it is so important to do your research and work with a real estate agent who has your best interests at heart.

 

When you’re thinking about buying your first investment property, you’ll want to define your goal with the purchase. Are you looking for a one time, lump sum payout? Or would you rather use the investment to generate an ongoing stream of income? Both options have pros and cons, depending on your experience, available cash reserves, and long term goals.

 

Before you buy your first investment property, make sure you understand these four investment basics:

 

#1 The Pros and Cons of Flipping a Home

 

With the popularity of DIY and HGTV tv shows and YouTube channels, it’s no surprise there’s so much interest in buying and flipping homes. Flipping a house is a form of appreciation investing, which means that the property appreciates, or increases, in value during the time that you own it. This can be an incredible way to turn a profit, but it can also come with tremendous risks if you don’t enter into the situation well informed and well prepared. When flipping houses in Spokane, we usually see people do it one of three main ways.

 

The first and simplest way to flip a house is to buy a home that is in structurally and architecturally good shape, but looks outdated. In this case, the work that needs to be done in order to “flip” and resell the home is a simple modernization. For example, a home with shag carpet and green floral wallpaper can be completely remade by simply replacing the carpet (and maybe upgrading to pergo or hardwood floors), repainting the interior using a modern, neutral color, and installing new or stainless steel appliances. The reason that the resale price can be worth the effort is that while the home’s value might not increase exponentially, it’s perceived value does. That’s because many people can’t envision the final product or don’t want to put in the effort. This is a fairly low risk, low reward way to flip a house, and can be a great place to start.

 

Second, you can buy a house that’s listed very cheaply because it needs a lot of work and do a full-scale remodel. This is a great option when a home (or piece of property) has a lot of unrecognized potential. Common remodels are updated kitchens and bathrooms, knocking out walls to create more open/modern floor plans, or adding a garage. There is a much higher return on investment possible with this type of flip, but also greater risk involved. When you begin construction on a home, it’s possible to discover unknown problems like mold or structural insufficiencies. It’s also possible to create problems that wouldn’t have existed otherwise (moving a pipe or wire that is no longer up to code, or being unable to complete a project as budgeted because of an unforeseen architectural nuance). Although it certainly isn’t a requirement, it is helpful to have experience with remodeling or construction with this type of flip. When done properly, renovating and flipping a house can be rewarding and lucrative.

 

Finally, there are instances in which it might make sense to purchase a property and sit on it for a year or two before selling, possibly even renting it during this time. This would be the case in neighborhoods that are gentrifying or where there is otherwise reason to believe the land or house will be worth more money in the near future. This is a speculation based form of appreciation investing. For example, There is speculation that real estate will increase in value due to the opening of the new Amazon warehouse in The West Plains. The same speculation is common near universities like Gonzaga and Whitworth. Speculation investments can be risky, because your speculation could be wrong, causing you to break even or even lose money. But if your speculation is correct, your property could appreciate significantly in a few short years, allow you to sell it at a profit with few to no repairs or updates.

 

All three methods of flipping homes come with risk and reward. Working with a realtor and a lender who are experienced in investment real estate is mission critical for new investors. Let your realtor know that you plan on flipping the house before you begin your home search so they can guide and direct you appropriately.

 

#2 The Pros and Cons of Buying Rental Properties

 

If you’re looking for a long term income stream from your real estate purchase, then you might want to look at purchasing a rental property. This is known as a cash flow investment. When you buy a home to rent it out, you have the potential to earn additional income on a monthly basis for years or decades to come. Rental prices are frequently higher than mortgage prices, so the profit from a consistently rented property can be significant over time. Purchasing rental property can also come with risk because you are responsible for the mortgage even if you don’t have a renter, so be certain you can afford to carry both payments for several months, if need be. It is often in your best interest to use a property management company to liaise between yourself and the renters, so budget for them to take a small percentage of the monthly income, as well.

 

There are two common types of residential rental properties in Spokane: single occupancy homes and multi-family properties. Single occupancy homes are a great starting place for first time investors. Condos, townhouses, and individual homes are commonly purchased as rental properties within the single occupancy home category. The great thing about purchasing a single occupancy home as an investment, is that when compared to multi-family properties, they generally require a much less significant financial investment.  

 

If you’re thinking about buying one of these property types as a rental investment, be mindful of the area you are looking in – some neighborhoods and areas support higher densities of renters than others. Look to your real estate agent to guide you.

 

The other option for purchasing rental properties is to buy what is known as a multi-family property. Common types of multifamily properties in Spokane are duplexes, quadplexes, and apartment complexes. Purchasing multi-family properties requires a bigger financial investment, but can yield bigger returns. Another benefit to multi-family properties is that they can potentially weather vacancies easier than a single occupancy home, as the rental income from the other units can help mitigate the loss of any single unit. There are a wide assortment of multi-family properties currently for sale in Spokane. First time home buyers can purchase up to a 4-plex and live in one of the units, and rent out the other units and use this income toward qualification.

 

If you’re thinking about investing in a larger rental property of this type, work with an experienced real estate professional who understands the ins and outs of these types of transactions in Spokane.

 

#3 Funding Investment Properties

 

Obtaining a mortgage on an investment property is a little different than it is for a primary residence (the home you live in). If you’re thinking about taking out a traditional mortgage loan, you should know that mortgage insurance won’t cover an investment property, which means you’ll need to put at least 20% of the purchase price as a down payment. You will want to maximize your return on investment by keeping your interest rate as low as possible. Two great ways to do that are to offer a higher down payment percentage, like 25%, and to shop for rates at independent mortgage brokers rather than at big banks.

 

If you are selling one investment property in order to purchase another, make sure you work with a financial adviser to see if you qualify for a 1031 tax-deferred exchange. This type of exchange for like-kind property sales and purchases can have significant tax benefits when executed properly, so be sure to inform your real estate agent if you are completing an exchange purchase.

 

#4 Choose the Right Realtor

 

Choosing a qualified real estate agent is always important, but it is especially important when purchasing homes to flip or rent out. Carrie Meyer, leader of the Real Estate Agent Spokane Team, specializes in investment transactions and has 30 years of experience as a Certified Legal Assistant (paralegal). This background makes her an expert at reading, writing, and negotiating contracts – a critical skill in the investment real estate world. Carrie is a licensed Realtor with the National Association of Realtors and sitting board member of both the Spokane Association of Realtors Grievance and Technology Committees.

 

If you’re looking at buying investment property in Spokane, we’d love to learn a little more about your investing experience and goals. Whether this is your first foray into investing or you’re a seasoned property owner, we can help you find what you’re looking for. Contact Carrie today to set up a custom search for investment properties for sale in Spokane.

 

best neighborhoods spokane

Audubon-Downriver: Where Walkability Meets Affordability

Straddling the Spokane River bluff, the Audubon-Downriver neighborhood is one of Spokane’s hottest neighborhoods. Bisected by Northwest Blvd., Audubon-Downriver is close to everything. This neighborhood has been affectionately dubbed the “poor man’s South Hill” – a reference to Audubon-Downriver’s walkability, hipster feel, and affordable price points.

 

But the Audubon-Downriver neighborhood isn’t just a cheap knockoff of somewhere better. The neighborhood’s namesake, Audubon Park, is one of the best in all of Spokane, no matter the season. And the uncommon combination of walkability and affordability makes Audubon-Downriver one of the most desirable neighborhoods to be in right now.

 

Here are are four of the best things about the Audubon-Downriver neighborhood:

 

#1 The Unique Style and Personality

 

Architecturally, Audubon-Downriver is fairly diverse, but the majority of homes can be described as being of the English Cottage style. Red brick is common and gives the neighborhood a distinct flare that sets it apart from the surrounding areas. Many homes are set back off the street and have stairs leading up to the front porch and doorway, lending the homes a sense of privacy while adding a charming touch.

 

The majority of the Audubon-Downriver neighborhood was constructed in the 1920s, making it one of the older neighborhoods in town. Rather than feeling old, though, Audubon-Downriver feels established. There are old growth trees lining the streets on both sides all throughout – in fact, these trees are one of the biggest visual giveaways that you’ve entered the neighborhood. With homes set back off the sidewalk and tree-lined streets, Audubon-Downriver really is one of the best neighborhoods for strolling with loved ones.

 

#2 The Park

 

If you’re looking for a little more to do outside, be sure to keep strolling until you hit the neighborhood’s namesake, Audubon Park. With 27 acres of pine trees, splash pads, playgrounds, basketball courts and ball fields, this neighborhood park is nothing to sneeze at. Audubon Park is adjacent to Finch Elementary, making it a great destination for parents with young kids who are looking for a smaller, fenced off portion of the playground while older kids and adults enjoy the courts and fields.

 

In the winter, the rolling hills in Audubon Park are perfect for snow sledding. In the summer, the park serves as a meeting place for parties, events, and festivals. One of the big draws to the park is the open air concerts hosted by Spokane’s Northwest Neighborhood Council during the summer months. Whatever your family is looking to do in any season, you’re bound to find it in the park.

 

#3 The Walkability

 

One of Audubon-Downriver’s best features is its walkability. Not only can residents walk to the park and the local schools, but because the neighborhood is bisected by Northwest Blvd., there are dozens of restaurants and bars right in the center of the neighborhood. The Flying Goat is a neighborhood favorite, but you’ll also find amazing brunch options at the Downriver Grill and healthy fares at the 5 star-rated Ephata Cafe. Cascadia Public House and Elliott’s Urban Kitchen serve up delicious American gastropub options for those looking to try out modern American tastes.

 

But Audubon-Downriver doesn’t just have great restaurants and bars. The neighborhood has just about every type of store or shop within walking distance, including a hardware store! The only thing the neighborhood lacks in walkability is a grocery store, but there are several within short driving distance.

 

#4 The Prices  

 

Audubon-Downriver boasts the same vibe and culture as the South Hill, but home prices run an average of $100,000 cheaper. Many 3 bedroom, 2 bathroom homes in the neighborhood run in the $200,000 – $250,000 price range, with large front yards.  

 

For those interested in investment real estate, the Audubon-Downriver neighborhood is a great investment. College students are attracted to the area for its walkability and nightlife, and the demand for rentals is high, while purchase prices are low.

 

Looking to Buy a Home in Audubon-Downriver?

 

Real estate in Audubon-Downriver is highly sought-after, which is why the Real Estate Agent Spokane Team recommend setting up a search early on. Even if you’re just considering the area amongst others, an MLS search can give you an accurate and timely idea of what’s available and for what price. I specialize in helping people relocate to Spokane, and Audubon-Downriver is one of the most popular neighborhoods my clients move to.

If you’re looking at moving to Audubon-Downriver or anywhere else in Spokane, we’d love to learn a little more about your move and help you find the perfect space. Whether you’re looking to upgrade, relocate, or downsize (or all three!), we can help you find what you’re looking for. Contact me today to set up a custom search and learn more about how you can find and buy a house even while still living out of state.

property for sale in spokane

Property for Sale in Exclusive Gated Community – 23.9 Acres

spokane property for sale

Gorgeous 23.9 acres for sale in Saddle Mountain Ranch, Spokane

spokane real estate

Family Friendly Suburban Living, Close to Everything

homes for sale spokane

Enjoy the convenience of being close to everything from the comforts of a suburban, family-friendly neighborhood

homes in browne's addition

7 Things You Didn’t Know About Browne’s Addition

…And what makes it such a cool neighborhood!

Browne’s Addition is one of my favorite neighborhoods in Spokane, and it’s easy to see why. The neighborhood has a rich and diverse history, a unique cultural vibe, and the breweries aren’t too bad, either!

Whether you’re a Spokane native or considering moving to the area, here are 7 things you probably didn’t know about Browne’s Addition:

 

#1 It’s Named After a Man, Not a Color

 

Although Browne’s Addition is often written as “Brown’s Edition,” this is actually incorrect! The neighborhood is named after its founder, John J. Browne (or J.J. Browne to his friends), who built the neighborhood in addition (get it?!) to the existing Spokane Falls area. When Browne’s Addition was founded, there were less than 55 people living in all of Spokane Falls. Browne and his partner, A.M. Cannon, purchased 120 acres of land, which would become Browne’s Addition and Cannon’s Addition, respectively.

 

#2 It’s the Oldest Neighborhood in Spokane

 

Browne purchased the land to found Browne’s Addition in 1878, making it the first official neighborhood in Spokane. Just 10 years later, Brown and Cannon had founded the Spokane Street Railway Company and the first horse-drawn streetcar line ran from Browne’s Addition to Downtown Spokane on April 15th, 1888.  

 

#3 Part of the Neighborhood was Acquired Through the Homestead Act

 

By the end of the 1800’s, Browne’s Addition was starting to get a lot of attention from the wealthy community in Spokane. Its close proximity to downtown and its stunning views of the Spokane River made the neighborhood highly desirable to those who could afford it. Eager to grow the neighborhood and capitalize on the local interest in the area, J.J. Browne applied for and was approved for a homestead grant for the remainder of the land that he didn’t already own.

#4 Coeur d’Alene Park Was Built to Attract High-End Home Builders 

coeur d'alene park wa

Coeur d’Alene Park in the winter

In keeping with the theme of growing the neighborhood and attracting the wealthy, Browne and Cannon decided to build a park. Both Browne and Cannon donated land to the park equally. For over 120 years, Coeur d’Alene Park has been a local gathering point for Spokanites. The park is full of enormous trees, lush green grass, and is surrounded by mansions of every variety. Coeur d’Alene Park was hugely instrumental in growing Browne’s Addition into the neighborhood and cultural epicenter it is today.

 

#5 The Neighborhood Was Once Considered “Low Rent”

 

Browne’s Addition was originally a high end neighborhood – extremely high end. Mansions of every make and model can be found on nearly every street, even to this day. But after the Great Depression, the type of lodger interested in the Browne’s Addition started to change. The neighborhood’s close proximity to downtown made it appealing to the working class, and it wasn’t long before those large mansions started to be broken up into smaller apartments or rented out on a room-by-room basis. This trend continued on for several decades, until a savvy group of investors came in during the 1980s and fueled an urban revival in the Browne’s Addition. Thirty years later, Browne’s Addition has reclaimed its status as luxurious and hip, and has been officially registered as a Historic District since 1976.

 

#6 The Real Estate Ranges From Modern Condos to Victorian Mansions

 

One great carryover from Browne’s Addition’s sordid past is that many of those mansions that were broken up post-Depression have been converted into condos and townhomes. This means that there is a little something for every budget. Condos and townhomes are surprisingly reasonably priced, especially at the edges of the neighborhood. Home buyers can enjoy all the perks of the neighborhood – its walkability, proximity to downtown, museums, restaurants, and breweries – for prices in the $200,000s. Buyers who want to live closer to Coeur d’Alene Park will pay a little more for the real estate. And of course, bungalows, ramblers, and mansions can be purchased for those looking for a single occupancy home. Real estate in this area is coveted, so start your home search early.

 

#7 It’s Only a 10 Minute Walk to Downtown

 

We’ve mentioned several times that Browne’s Addition is close to downtown Spokane, but did you know it’s only a 10 minute walk?! This is the perfect neighborhood for young professionals who work downtown, but also for downsizers and empty nesters who don’t want the burden of owning and maintaining a car. If you don’t want to walk to downtown, there are plenty of coffee shops, restaurants, boutiques, bars, and breweries right in Browne’s Addition. And don’t forget, Browne’s Addition first became renowned for its beautiful landscapes and views, so you really aren’t going to find a prettier walk anywhere else!

 

Looking to Buy a Home in Browne’s Addition? 

 

Real estate in Browne’s Addition is highly sought-after, which is why the Real Estate Agent Spokane Team

spokane realtor

Carrie Meyer, Real Estate Agent Spokane Team

recommends setting up a search early on. Even if you’re just considering the area amongst others, an MLS search can give you an accurate and timely idea of what’s available and for what price. I specialize in helping people relocate to Spokane, and Browne’s Addition is one of the most popular neighborhoods my clients move to.

 

If you’re looking at moving to Browne’s Addition or anywhere else in Spokane, we’d love to learn a little more about your move and help you find the perfect space. Whether you’re looking to upgrade, relocate, or downsize (or all three!), we can help you find what you’re looking for. Contact me today to set up a custom search and learn more about how you can buy a house while still living out of state.