Tag Archives: Pasco

New listing – 4910 Bilbao Drive, 5 bedrooms, eligible for $0 down!

5 bedroom House for sale:  4910 Bilbao Drive, Pasco, WA 99352

5 bedroom House for Sale: 4910 Bilbao Drive, Pasco, WA 99352

New on market!  This fabulous 5 bedroom home at 4910 Bilbao Drive is located in Casa del Sol, West Pasco–a great neighborhood with beautiful homes and generous lot sizes.  It’s in a prime location,  just around the corner from the 5 acre neighborhood park with basketball and volleyball courts, a playground, and walking paths.  It is located in the USDA boundary and eligible for purchase with no money down!

Beautiful kitchen with stainless appliances, upgraded cabinets, and tile countertops

Priced at $239,900, this beautiful home has 5 bedrooms, 3 full bathrooms, 2615 sq ft, and a .23 acre lot with generous backyard, large concrete back patio, and a ground-level trampoline.

Inside you’ll find a soaring 2-story ceiling in the entry/living/dining room.  Chef’s kitchen with island, tile counter tops, stainless appliances, and walk-in pantry.  Four large bedrooms upstairs including luxurious master suite with vaulted ceiling, 2 closets (including 1 walk-in), double sinks, and separate tub & shower.  The 5th bedroom on the main level is perfect for office, guests, toy room, or mother-in-law with attached full bathroom.

Pasco just passed a new school bond, interest rates are low, and this is eligible for a $0 down USDA loan.  Now is the time to consider this as the place you call home!

School boundaries:  James McGee Elementary, McLoughlin Middle School, Pasco High School.

Click for more info including maps, pictures, schools, & more: 4910 Bilbao Dr Featured Listing

Click for MLS Listing info:  4910 Bilbao Dr MLS Listing

Call us at (509)845-4570 to see it in person!

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Tri-Cities School District Boundaries

If you are looking for a house for sale in a specific school or district in the Tri-Cities, you might be overwhelmed.  The boundaries can be confusing, especially if schools are full (such as White Bluffs or Badger Mountain, where new students are reassigned).  There are Richland residents whose homes fall within the Kennewick district boundaries, pockets of homes within a neighborhood that are assigned to a different school, and boundaries that are divided by population & demographics rather than proximity to schools.

Buyers and sellers should be aware of the school boundaries for their homes, even if they currently have no children attending.  The assigned schools can make the home more or less desirable, therefore affecting market value. 

How do you avoid surprises?  Click on our convenient new page: Tri-Cities Schools.  It will link directly to the district websites and boundary maps so you can keep up to date on the latest changes.  We can help you navigate the boundary confusion–our kids have attended Pasco and Kennewick schools, and we currently live in Richland.  Yet growth in the Tri-Cities means schools fill & boundaries change, so we recommend you verify all school information through the district before you buy or sell your home.

 

 

 

Gearing up for Spring Home Sales

We are still scraping ice and shoveling snow in the Tri-Cities, but at the same time we’re gearing up for spring home sales.  Why so soon?  Several friends have approached us with the possibility of listing their home, and the question always comes up–when is the best time to list?  The answer is whenever the time is right for you, but according to statistics, that may well be February. 

Residential Sales 2011 - Richland, W Richland, Pasco, Kennewick

 Referring to the 2011 monthly chart, you’ll notice a few spikes in residential sales.  The first spike was in March.  Sales increased by 72, from 160 in February to 232 in March.  Another spike came in June.  Keep in mind the typical 30 day closing period for a loan, which means the contracts to purchase those homes were made in February and May. 

There are several reasons for the spikes; the Feb/March jump includes those who put off buying or selling over the winter–once spring begins, they’re ready to roll.  Sellers may be hoping to beat the crowd to have more choices to buy or time to build a new home by the end of summer (when I worked for a builder, I saw increased traffic in February–the majority already had houses listed or under contract).  May/June sales include those who want a head start on relocating, giving them time to settle in their new location before fall.  Also families with kids often move during the summer break from school. 

The real estate market can also be driven by interest rates, tax incentives, and the local economy.  February and May obviously don’t work for every situation; you’ll be glad to note that sales remain steady year-round in the Tri-Cities.  If you have questions about when the time is right for you, give us a call.  Our next client’s home will be listing on the MLS this week, so check back in a few days to see the new addition to our featured listings! 

 

 

 

 

Pasco Riverfront Home Sells For Nearly $1 Million

Pasco Riverfront Home Sells

Tri-Cities real estate 2012 started out with a bang in January with the sale of a Pasco riverfront home listed at $1,190,000!  Homes truly located on the Columbia River aren’t listed for sale very often; when they are, they sell at a premium.  This .89 acre lot also happens to be located directly across from Columbia Park in Kennewick, making it a prime area for spectacular views of the Columbia River and the annual hydroplane races. 

 

What does this mean for the Tri-Cities real estate market?  If you refer to the 2011 statistics chart at Tri-Cities Home Sales-What’s Your Price Range?, you’ll note that zero listings (single family homes listed on the MLS) sold in the “over $900,000” price range last year.  This sale falls in that price range–a record breaker nearly $100,000 higher than the top price for 2011.  Total days-on-market?  90.  This sale may be a skewed statistic, or it may be a sign that buyers are taking advantage of our reasonable market values and historically low interest rates to buy the home of their dreams. 

Are you interested in a riverfront home, or any other specific area?  Let us know what you have in mind, and we can send you listings as they come on the market.  It doesn’t matter whether you’re just getting started on your first home, or ready to buy the home of your dreams, give us a call–we’d love to help you out!

 

 

 

 

Tri-Cities Home Sales – What’s Your Price Range?

Those who follow our blog will notice that we like charts and graphs.  Why?  They take an otherwise meaningless list of statistics and organize it into a tidy picture that is immediately understood.  This chart shows the 2011 sales of residential single family homes in Richland, West Richland, Pasco, & Kennewick, divided by price range. 

How does this apply to you?  The first thing you’ll notice is that if you’re selling a house for under $350,000, you’ll have a far greater number of potential buyers (93% of the market).  In fact, more than HALF of the home sales in the Tri-Cities were priced between $100,000 and $200,000.  Fewer homes sold in the higher price ranges, but there were also fewer on the market.  Keep in mind there are higher priced custom built homes that don’t get listed on the MLS, so they aren’t included in the chart. 

The bottom line is that whether you’re in a lower price range with more competition, or a higher price range with fewer buyers (and custom built competition), you need to price your home competitively to attract potential buyers.  The best way to know your price range is to call us for a free market and neighborhood analysis; we’d be happy to tell you the current value of your home.