Strike while the irons hot when buying land in Bothell

Strike while the irons hot when buying land in Bothell

There is a lot of land that is currently on the market and there has never been a better time to buy in Bothell than now. The prices are reasonable because you aren’t competing with builders who in the years past were gobbling up every available lot.

Land for building

If you’re thinking about building a house soon and need to find a piece of land in Bothell that is currently for sale, phone me up. It is hard to tell the difference between land that is great for building on and land that is only second best when you’re looking on the Internet. I can tell you that whether the land you are looking at would be good for building on, some general advice about neighborhood value, local housing trends and most importantly some good ball park figures on developing your lot.

Land for investment

I have worked with a lot of clients in the past that have purchased Bothell land and have sat on it to resell later. By watching the new construction building trends and growth patterns in the area you can do quite well with land investments. Land for a home site can be a very time consuming project. Start with an area or neighborhood you want to live and have some preliminary ideas of the style of home you want to put on the lot than start your search.

It may be able to find an old tired house that can be torn down and replaced by a new custom built home. This might also save you time in permitting and utility hook-up fee and if you’re into sustainability you might be able to use some of the existing framing lumber.

This Bothell real estate market update is courtesy of Adrian Willanger at Coldwell Banker Danforth& Associates 206 909-7536 helping people buy and sale homes in the Greater Seattle area.

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