What $450,000 Buys You In Federal Way

What $450,000 Buys You In Federal Way

So you've been pre-approved for a loan and are ready to begin the home buying process. You're probably curious about what you can buy for about $450,000. Let me show you. 

Click here to see What $450,000 buys you in Federal Way

This 2985 square foot home has 5 bedrooms, and 2.5 baths. It sits on a .115 acre lot in the Peasley Canyon area. 

This is a pre-sale and can be finished in 4-6 months. The permit has already been applied for building. 

Included features include Granite counters, tile backsplashes, hardwood entry, white 3 1/2 inch millwork, white 2 panel interior doors, oil rubbed bronze hardware, coffered ceilings, art niches, and 50 year siding. 

Built by Richmond American Homes, this floorplan is called the Lakewood and it is priced at $351,100.

For $407,400, you can purchase this new construction home from Curtis Lang Custom Homes. 

Built in the subdivision Lakeview Parke, this 3135 square foot home features 4 bedrooms, 2.5 baths, a 3 car garage tandem, stainless steel appliances with gas range, slab granite with full height glass/stone backsplash, oversized island, 9 foot ceilings on the main floor, covered outdoor living spaces, and many more great standard features.  

Lakeview Parke is a small subdivision of 29 homes.

This beautiful rambler is 2540 square feet in size. It has 3 bedrooms, 2.5 baths, and is in a small community of just seven homes. 

To be built by Mehl Homes, this presale features a great room concept with separate dining area and den. an island kitchen, hardwood entry, white painted millwork, granite counters, and tile back splashes. There are still time to personalize features and options. 

Priced at $444,950.

In all of Federal Way there are only 127 active homes for sale. This is the lowest inventory I have ever seen since I got into the business in 2004.

In the $350,000 to $450,000 price point there are 27. Of the 27 homes for sale in this price point, 22 are new construction homes in the Northlake Rim, Lakeview Parke (Swan Song), LaTerra at Northshore, Wynstone East, Wynstone, and Brighton Park subdivisions. Of the remaining five, one is a bank owned home (foreclosure), one is a short sale (and a fixer!), and three are private party sales.  Of the 40 homes, 22 homes are priced between $350,000 and $400,000.  

Click here to see all the homes in Federal Way priced from $350,000 to $450,000- Homes in Federal Way Priced $450,000 and below

For other price points-

What $150,000 Buys You In Federal Way