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post #1 of 112

6/6/09 at 4:20pm

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Tokyo Slim
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I sat here and looked at condos for nearly four hours. I can't afford a condo. Damn it.

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post #2 of 112

6/6/09 at 4:31pm

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Tokyo Slim
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http://www.redfin.com/WA/Seattle/100...t-D/home/61637 http://www.redfin.com/WA/Seattle/150...-802/home/9166 http://www.redfin.com/WA/Seattle/111...204/home/23711 http://www.redfin.com/WA/Seattle/151...306/home/51638

post #3 of 112

6/6/09 at 4:40pm

robin

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I was expecting them to cost more. Maybe give it another year or so? The prices in my building have gone way down in the past 8 months, and I've heard that a lot of buyers have walked away from their deposits on all of the new luxury buildings.

Do you really want to live downtown though? It's not all that fun.

post #4 of 112

6/6/09 at 4:58pm

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Tokyo Slim
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Quote:

Originally Posted by robin

I was expecting them to cost more. Maybe give it another year or so? The prices in my building have gone way down in the past 8 months, and I've heard that a lot of buyers have walked away from their deposits on all of the new luxury buildings. Do you really want to live downtown though? It's not all that fun.

Ultimately I want to live near the market. But another year of what? I won't be able to afford to buy anything in a year either. I make around $25k a year, have crap credit, and have no savings or assets.

This is all lottery money I'm spending here.

post #5 of 112

6/6/09 at 5:12pm

unjung

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I feel your pain man. I want to get into my own place so badly.

post #6 of 112

6/6/09 at 5:34pm

Piobaire
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Man, that is some expensive real estate, on a per foot basis!

post #7 of 112

6/6/09 at 6:00pm

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Tokyo Slim
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Quote:

Originally Posted by Piobaire

Man, that is some expensive real estate, on a per foot basis!

The average list price for condos in seattle is $424 a sq ft. The average sale is $334 a sq ft. Those are pretty reasonably priced condos. Especially for being in more "desirable" areas.

post #8 of 112

6/6/09 at 6:17pm

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Tokyo Slim
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Quote:

Originally Posted by unjung

I feel your pain man. I want to get into my own place so badly.

Yeah, but how old are you?

post #9 of 112

6/6/09 at 7:36pm

Piobaire
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Quote:

Originally Posted by Tokyo Slim

The average list price for condos in seattle is $424 a sq ft. The average sale is $334 a sq ft.

Those are pretty reasonably priced condos. Especially for being in more "desirable" areas.

I know Seattle is one of the more expensive cities, and city centers always run at a premium. I'm just a small timer, hoping to get my new construction for about $140-150 sq ft.

post #10 of 112

6/6/09 at 10:40pm

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Tokyo Slim
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Quote:

Originally Posted by Piobaire

I know Seattle is one of the more expensive cities, and city centers always run at a premium. I'm just a small timer, hoping to get my new construction for about $140-150 sq ft.

Jeez, what are they making your house out of, cardboard?

post #11 of 112

6/6/09 at 10:44pm

robin

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Have you looked into those apartments downtown that only rent to working professionals making under $50k? They're pretty cheap.

post #12 of 112

6/6/09 at 10:53pm

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Tokyo Slim
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Quote:

Originally Posted by robin

Have you looked into those apartments downtown that only rent to working professionals making under $50k? They're pretty cheap.

I've looked into low income apartments through Capitol Hill Housing. They are still $575 and up for a studio. Which is too much. Plus they run a background check, which means that I probably won't be getting in.

post #13 of 112

6/6/09 at 11:14pm

Artisan Fan
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$360K for 823 square foot?

post #14 of 112

6/6/09 at 11:21pm

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Tokyo Slim
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I don't know why you guys find that so surprising. How much does a top floor view condo downtown whereveryoulive go for per square foot?

post #15 of 112

6/6/09 at 11:30pm

robin

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Quote:

Originally Posted by Artisan Fan

$360K for 823 square foot?

Properties in that neighborhood tend to be more expensive as it's where all of the famous hospitals and research centers are located.

Just going back to look at the listings, all of those other condos are on shitty blocks to live on. The one on 3rd is on the crack corner, the one on 4th is above the park with the protesters, hippies, and homeless people, and the one on 1st is right next to the Hwy 99 off ramp.

Quote:

Originally Posted by Tokyo Slim

How much does a penthouse level condo downtown whereveryoulive go for per square foot?

There's a penthouse level condo in my building open for rent right now. The previous owner defaulted, and they're renting it out at $1400 a month with parking including. I was like OMG.