& news QueenAnne&Magnolia news Serving Queen Anne & Magnolia since 1919
APRIL 13, 2016
Home & Real Estate Queenannenews.com
Vol. 97, No. 14
Thinking Of Selling Your Home When Expedia Moves In?
The Smart Employees Are Already Here Buying Now!! Many of the 3,000+ employees who currently live on the eastside are wanting to purchase now and close in the spring so they can move before they move into their temporary offices on Elliott Ave this summer. Queen Anne and Magnolia’s housing inventory is at an all-time low while home values are at an all-time high!
Don’t Miss The Boat!
If a picture says a thousand words, what about a video?
T
he answer might surprise you. According to Forrester Research, a one-minute video roughly equates to…wait for it…1.8 million words. That’s right, you read Dawn Bourdo that correctly. 1.8 & Corey Hays M I L L I O N. Additionally, Domain. mrmagnolia.com com commissioned a study, which found property listings utilizing video saw a 403% increase in inquires versus listings without video. Would it shock you to learn that 60% of prospective home-buyers EXPECT to see video tours of the properties they search for online? In our virtual online real estate world, savvy brokers know that just as a picture creates emotion, video does exponentially more so. It tells a compelling story about the property and emotionally connects with a buyer’s hopes and dreams.
➧ VIDEO, Page 2
Sell Your Home
A New Remodeling Trend is Adding Resale Value to Homes
W
hether you’re looking to sell your house or just want to make a smart update that’s worth your time and money, consider a design trend that is both attractive and proven to add value to your home: manufactured stone. “Manufactured stone is exploding in popularity, in both exteriors and interiors,” says Phil Wengerd, vice president of Market Strategies for ProVia, a leading manufacturer of home building products. The numbers agree. Manufactured stone veneer projects offer a 92.9 percent cost recovery, according to Remodeling Magazine’s Cost vs. Value Report, a detailed comparison of the average cost of remodeling projects with the value those projects retain at resale in 100
NOW IS THE TIME
This lovely 4BR mid-century near the Village just closed @16% above list.
SOLD
2845 30th Ave W
List price: $739,000
Ask your realtor about advertising in the Real Estate Section Contact 206.461.1322 - or ppcadmanager@nwlink.com
Sold price: $857,000
Inventory Low, Demand High. Call us today to seize your opportunity.
Corey Hays 206-818-3386 corey@mrmagnolia.com
Dave Reith Broker/Windermere Real Estate FineSeattleHomes.com davereith@windermere.com 206.947.6800
homes@mrmagnolia.com Facebook.com/mrmagnoliahomes
Dawn Bourdo 206-948-4340 dawn@mrmagnolia.com
US markets. If you’re looking to make a home upgrade using manufactured stone, Wengerd says to consider the following trends: • Popular style: While homeowners once attempted to emulate materials available in the local natural environment, the elegant look of dry stack stone now dominates nationwide. The material features the look of smaller stones, providing an elegant natural look that’s versatile in both exterior and interior applications. • Exotic colors: Color blends continue to feature earth shades, however, more reds, purples and burgundies are being mixed in to complement colors in carpet, walls or window
treatments. To respond to the demand, brands like ProVia`s manufactured stone are adding new stone color options. • Versatile project ideas: As technology has made manufactured stone more accessible to the masses, today it’s showing up on more than just a home’s exterior. In interior applications, stone adds a dramatic frame for kitchen stoves and islands, and is used around bathtubs to create a spa-like retreat. It’s also a popular choice for masonry surface application in finished basements or for stone fireplaces. Exterior stone accents, like an outdoor kitchen, deliver plenty of wow-factor without the wallet cringe that a ➧ VALUE, Page 3