Kirkland East of Market - fixer upper, perfect for Builder or Investor

By
Real Estate Agent with Judah Realty Group

Kirkland East of Market- fixer upper, this home is ideal for a Builder or Investorr as the home has a large spacious lot and surrounded by other high-end homes valued in the million dollar range. The bungalow / cottage home is seen much through Kirkland East of Market, but as homes get remodeled and fixed up by Custom home Builders or Investors, the exterior facade is dramatically changed to more of a NW Craftsman, Spanish Mediterranean Villa, or a Contemporary two-story.

330 - 7th Avenue, Kirkland, WA 98033

Kirkland- east of market fixer upper

Home is being offered at $399,500 and sits on 5,500sqft lot. Two houses down to the left of this home, is a home that was completed back in 2011, and was a tear down and built from the ground up. You can do the same with this home, as it could yield a value range of $800K-$850K if it was re-built.

New two story home in Kirkland- East of Market

East of Market in Kirkland offers lots of opportunities for builders and private investors when it comes to real estate. The homes that need additional attention are located in "prime real estate" and when either fixed up, or built back up as custom, will tend to yield a solid return.

new construction in east of market

We currently work with investors and custom builders that have approached this side of Kirkland; East of Market with confidence, due to location, price, demand, exceptional schools and quality of life.

Here is a compiled list of homes that are for sale between $200K-$499K see how some homes might need a little TLC or a complete "start over". Now check out these homes that are between $500K-$1 million. You get similar exterior appeal, but the interior is much more superior in quality, craftsmanship is evident, and the value of the home is shown more strongly.

As a local resident of Kirkland, and an avid community service volunteer, I call myself a "true expert" of my Kirkland community as I have lived here for over 20+ years. I went to the local schools here and can vouch that Kirkland has quality schools. I have a child that attends Kirkland Middle School, the mighty Panthers.

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Washington King County Kirkland East Of Market
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fixer upper homes
kirkland east of market
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Rainmaker
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Carolyn Kolba
Serving Mentor, and all of Lake County, Ohio - Mentor, OH
Keller Williams Realty- Mentor, Ohio

Freddy:  It is just amazing what a difference various market areas can have.  It is hard to believe that someone would tear down a $400,000 home to build an $800,000 home.  But... best of luck in your marketing efforts.  If the market is so hot there... I am sure you can make it work.

Sep 26, 2012 04:09 PM #1
Rainmaker
68,965
Freddy Delgadillo
Judah Realty Group - Bellevue, WA
Real Estate Broker specializing Greater Eastside

Carolyn- our market has always been hot, even more when its in Kirkland. I received a few verbal offers on this home, and all but one was a "tear down" purchase...yes, its hard to believe that one would do such a thing. Its even more common in West of Market- Kirkland, were homes are over $1 million + easy.

Sep 26, 2012 04:22 PM #2
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Rainmaker
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Freddy Delgadillo

Real Estate Broker specializing Greater Eastside
What's my home worth in today's real estate market?
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