There are 9 main condominium buildings located within the core of downtown Fairhaven. Condos in Fairhaven range in price from $175,000 up to $1M+. To give you an idea of what your money can buy in Fairhaven, I have broken down the condo availability within price ranges.
$175k - $250k - This is a very tough price range for Fairhaven. There are a couple of studios and one bedroom units available in Harris Square or the Fairhaven Square building. There are also 1 bedroom units in the Larrabee condos that sometimes become available under $200k.
$250k - $300k – Pushing you budget over $250k and up closer to $300k, will make a big difference in your Fairhaven condo search. There are typically 2 bedroom (900 sq.ft.) condos available in Harris Square under $300k. This is also the entry price range for 1 bedroom units in the Fairhaven Gardens building. Judson Plaza also becomes an option near $300k, however there are seldom units available in Judson Plaza. 2 bedroom (900 sq.ft.) condos in Creekside also fall within this budget.
$300k - $400K – Stepping up over $300k will considerably open your options in the Fairhaven condo market. This price range also opens up the possibility of condos with views of Bellingham Bay. Nearly everything in Harris Square is available under $400k. There are 2 bedroom condos in Fairhaven Gardens available between $300k - $400k. Some of the larger units in Creekside are available around $350k. The Young condos and Fairhaven Heights also become available over $300k.
$400k - $500k – Once you start shopping over $400k in Fairhaven, you can begin to look at some of the larger condos that Fairhaven has to offer. Nearly all of the condos will be over 1,000 sq.ft. and will have bay views. You can also begin to look at some of the higher end finishes. There are a couple of corner units in Harris Square that fall in this price range. There are also units available in the Young Building in this category.
$500k and Beyond – While there are not a lot of condominiums over half a million dollars available in Fairhaven, they do exist. The Waldron Building currently offers the most expensive condos in Fairhaven with prices ranging up to $1.4M. The Young Building and Fairhaven Gardens also have some units that valued well over $500.
If you are interested in purchasing a condo in Fairhaven, work with an expert. I have been located in downtown Fairhaven for over 6 years and have detailed knowledge of every condominium building located within the core of Fairhaven. I would be happy to educate you on the market and give you a personal tour of the inventory if you think that Fairhaven might be the right place for you.
Ryan Martin – Windermere Real Estate/Whatcom, Inc.
Direct Line: 360-296-7366