Mukilteo Custom Build!

MLS 1211134

Offered at $1,049,000

Gorgeous, meticulously maintained custom build w/ sound & mountain panoramas! Gourmet kitchen w/ concrete counters, 5-burner Dacor cooktop, Stainless appliances, large island & spacious walk-in pantry. Elegant dining w/ coffered ceiling & built-in hutch. Living room w/ built-in entertainment center & cozy triple-sided gas fireplace—open floor plan concept. Dreamy master suite w/ double-headed shower & jetted tub. Custom fir cabinetry throughout & surround sound. Relax on expansive slate deck & enjoy vivid sound/mountain vistas. 6-CAR GARAGE w/ heater & ample storage. Fully fenced backyard & RV parking. This one has it all!

To Rent or To Buy, That is the Question!

Rent vs. Buy—Know the Difference!

Should you buy or rent? This is a question most of us will likely face in our lives, whether buying a house makes more financial sense than renting a home. There is a way to understand the financial impact of buying vs. renting. The realtor.com® rent vs. buy calculator can help you calculate the net cost of buying a home versus the cost of renting over time. Read more

What is Walkability and Why is it so Cool?

What is Walkability and Why is it so Cool?

Walkability is the cornerstone and key to an urban area’s efficient ground transportation. Every trip begins and ends with walking. Walking remains the cheapest form of transport for all people. Construction of a walkable community provides the most affordable and equitable transportation system any community can plan, design, build and maintain. Walkable communities return urban environments to scale, pattern and mix for sustainability of resources (both natural and economic). They lead to more social interaction, physical fitness, diminished crime and increased wellness, addressing many social and economic problems. Walkable communities are more liveable built environments and lead to whole, happy, healthy lives for the people who live in them. Walkable communities attract and keep jobs, young adults, families, children and grandchildren.

Get your neighborhood’s Walk Score!

2014 = Outdoor Living Spaces = Added Value!

Outdoor Living Areas = Added Value!

Did you know that decks are so in demand that Remodeling Magazine states that for their 2014 cost vs. value study adding a wooden deck (average cost $9,539) will recoup 87.4% of the cost when it comes time to sell? Read more here.

Your backyard is an extension of your home, so why not incorporate this versatile area by designing beautiful outdoor living spaces that will provide a tranquil escape for you and your family and greatly increase the value of your home. The yard is often times the most beautiful area of the home and also the most overlooked. Simple outdoor decorating will help incorporate outside activities into your family’s daily life by creating a cool space away from the television. These living areas can also include lavish amenities such as outdoor kitchens, fireplaces and covered patios to protect you from the hot sun or rain shower. Inexpensive outdoor solar garden lights can even provide soft illumination to your outside living area for evening entertaining. If you want to bring beauty to your outdoor spaces, but are unsure how to design your new sanctuary, click here for ideas for living spaces outside that can transform any drab and desolate yard into a beautiful and functional entertaining backyard living area for any lifestyle.

What are Closing Costs?

What are Closing Costs?

Definition: Closing costs are everything outside of the purchase price that a buyer pays to complete a real estate transaction. For a seller, closing costs are all the fees, except liens or encumbrances, that are deducted from the purchase price.

Fees range from those paid to title, escrow or lawyers; documentary transfer tax; city/county transfer or property taxes; credit reports; appraisal; recording or notary fees; real estate commissions; inspections; loan fees such as points and prepaid interest.

Fees that lenders consider “recurring” are those that are paid again and again such as property taxes or property insurance. Non-recurring fees are those that are paid once.

When a home is sold there are a number of closing costs involved. The costs can be paid by the buyer or the seller or both during the closing. Some closing costs can help you reduce your interest rate and others will contribute to the overall cost of the borrowing which is reflected in the Annual Percentage Rate (APR). Read more

Multi-Generational Housing Making a Comeback!

Bringing Multiple Generations Together!

Our housing needs as a nation are changing. While the last few decades have seen a decline in multiple generations living under the same roof, that trend tends to be reversing as more and more adult children are moving back home and homeowners are taking in their aging parents.

For hundreds of years, it was not uncommon for several generations to live together although the trend towards smaller family units began to take hold after WWII. According to USA Today, the number of multi-generational households in our country is currently the highest since the 1950s. The current trend is directly related to the economy, but many have noted the positive impact of having either their parents or adult children move back home.

PulteGroup Home Index (done by PulteGroup, Inc., a national homebuilder) recently conducted a survey of homeowners with children 16-30. Fourteen percent indicated that they have one adult child who has moved back in with them and a whopping 31% expect that an adult child will return back home in the future.

PulteGroup Home Index also interviewed homeowners with living parents. Those findings were also a surprise. Fifteen percent indicated a parent was already living with them and 32% expected that at some point they would be living with a parent.

In both cases, the number of multi-generational homes will double in the future if those numbers are correct. So, how will current homeowners accommodate the additional people? Of the homeowners who were currently living with a parent or planning on it in the future, 72% planned on either renovating or purchasing a home with a floor plan that would work more effectively for the expanded family. Forty-nine percent of the homeowners who were either living with adult children or planned to were expecting to renovate or move.

The additional spaces respondents felt were most in need to accommodate extended family included separate living spaces, including a mother-in-law suite or dual master suites, additional bathrooms, and larger great rooms. Other options homeowners are looking at are separate spaces with kitchenettes or spaces with separate entrances.

Builders across the country are beginning to see and provide floor plans which reflect this trend. In fact, in 2011 the National Association of Homebuilders did a survey of builders and what they expected homebuyers would want in terms of new home amenities by 2015. They determined that 60% of custom new construction homes would have two master bedroom suites by 2015.

SOURCE:
http://phx.corporate-ir.net/phoenix.zhtml?c=147717&p=irol-newsArticle&ID=1746387&highlight=
http://www.usatoday.com/story/opinion/2012/10/23/multi-generaltional-homes-boomerang/1653347/

New Loan Requirements for 2014!

New Loan Requirements for 2014!

New mortgage rules scheduled to take effect in 2014 could fundamentally change the way home loans are created. All borrowers should know about these forthcoming changes. To help you sort it all out, click here for a handy guide to the 2014 mortgage lending rules. Read more

Starting Out or Starting Over? Decorating Ideas!

How to Decorate When You’re Starting Out or Starting Over!

Few things in life are as daunting as decorating your first home. With so many options available and so many decisions to make, it’s hard not to feel overwhelmed. Many of us just retreat into the familiar or the expected, leaving a trail of disappointment (and Linen White paint) in our wake.

That condition isn’t limited to the young. These days it’s not unusual for people to find themselves starting over in middle age, with the ending of a relationship or a move precipitated by a new job.

Whether you’re starting out or starting over, these steps can help you navigate the difficult process of decorating a home for the first time. Read more