Apr

6

There is a long history in the state of Washington that determines whether or not your particular waterfront property owns its beach out front, especially important on Puget Sound properties with their tidal ranges that can expose large tracts of beach at low tide. Who owns that land? You? The state? It depends.

The answer can be determined through a title search and a correct parcel map. There are properties throughout the Seattle region that fit into both categories: owning the beach, or not. The actual day to day usage of a beach in front of a waterfront property is frankly usually exactly the same whether the beach is owned or not: people without ownership still expect their beach to be quiet and well taken care of by strolling beach walkers, and most people with owned land let beach walkers go through their beach since the courtesy gets reciprocated and it allows the entire community to enjoy waterfront strolls. There are some famous exceptions, including people trying to (illegally) put fences up that become submerged at high tide, but they tend to be in remoter regions and you don’t see that around Seattle.

The Department of Natural Resources provides an informative guide to “Boundaries of State-owned Aquatic Lands” that explains many of these concepts, terms, and related waterfront property rights history. Here’s an excerpt from it:

“Fresh water, such as in lakes or rivers, or marine waters, such as in Puget Sound, are not owned by individuals. Water is managed by the state and protected for the common good. Generally, aquatic lands beneath these waters have been managed that way, too – since statehood.

On November 11, 1889, at statehood, Washington’s aquatic lands became stateowned lands under the Equal Footing Doctrine, which guaranteed new states of the Union the same rights as the original 13. Washington State, through Article XVII of its constitution, asserted ownership to the “beds and shores of all navigable waters in the state…” so that no one could monopolize the major means of transportation, trade or fishing areas. Some other states gave adjacent upland owners a “riparian” right to build over navigable waters, but Washington chose to be a “nonriparian” state – that is, it did not grant that right. It held that aquatic lands are owned by all the people of the state, not individuals.

Although owners of lands abutting stateowned aquatic lands did not receive “riparian” rights at statehood, for more than 80 years they could purchase tidelands or shorelands from the state. In 1971, the sale of the state’s aquatic lands was stopped by the state Legislature. Today, virtually all the bedlands of navigable waters are state owned, as are 30 percent of the tidelands and 75 percent of shorelands in the state. Nonnavigable bodies of water are not owned by the state, and are likely to be connected in title to the abutting upland property.”

Burien Three Tree Point waterfront real estate with Seattle area Puget Sound owned beachfront

Click picture to see this local Three Tree Point waterfront home that owns its 130' beach


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Dec

29

The Environmental Science Center is hosting its second Moonlight Beach Walk for this winter season. Here’s the scoop:

“Join us on New Year’s Day! Moonlight Beach Walk this Saturday, January 1st, from 7:30-9:30pm at Seahurst Beach in Burien.

Imagine you are on the shoreline at a lovely low tide. Rocks that are covered all year lie exposed to view while the sea denizens remain happily cold and wet in the dark. All around you, people waving flashlights are intently studying the amazing and abundant sea life as local naturalists help you discover the wonders of your Puget Sound shoreline.

Bundle up against the weather and be sure to bring flashlight with good batteries, warm hat and dry gloves, and wading boots (you’ll be in ankle deep water).

For more information, contact Programs@EnvScienceCenter.org or call 206-248-4266.”

Enjoy it if you go. They are always fascinating and will definitely educate you about your own “front yard” if you live on the Sound.

Environmental Science Center logo

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Dec

1

The Environmental Science Center is a deserving local shoreline education organization (I was previously on its Board of Directors), and they are having more of their popular Moonlight Beach Walks this winter. They are fun, entertaining, and unique. Here’s the scoop from ESC:

Don’t miss the Environmental Science Center’s Moonlight Beach Walk this Saturday, December 4th, from 7:30-9:30pm at Seahurst Beach in Burien.

Imagine you are on the shoreline at a lovely low tide. Rocks that are covered all year lie exposed to view while the sea denizens remain happily cold and wet in the dark. All around you, people waving flashlights are intently studying the amazing and abundant sea life as local naturalists help you discover the wonders of your Puget Sound shoreline.

BUNDLE UP AGAINST THE WEATHER AND BE SURE TO BRING: Bright flashlight with good batteries, warm hat and dry gloves, and wading boots (you’ll be in ankle deep water).

For more information, contact Programs@EnvScienceCenter.org or call 206-248-4266.

Environmental Science Center logo

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Jul

6

Supporters of an officially sanctioned clothing-optional beach in the Seattle area gained a little bit of momentum recently, although the parks board of commissioners have placed it as a low priority until there’s a clearer sign of broader support within the community.

There are currently three unofficial nudist beach sites around Seattle located at Magnuson Park, Discovery Park, and the “Secret Beach” of Lake Washington. However, people get asked by police to wear clothing at those beaches from time to time by the beach.
Maybe if there are more 90 degree days locally they’ll get that broader support! :-)

Click here for Angle Lake SeaTac Seattle waterfront house for sale, lakefront real estate

Angle Lake waterfront home for sale close to Seattle (click photo for info)

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May

30

The King County / Seattle Aquarium Beach Naturalists Program is a great local asset for people that love the shoreline, its critters, and learning about our local Puget Sound ecosystem. The Beach Naturalists are all volunteers, and have gone through an informative multi-week training program held at the Seattle Aquarium before they are let loose on our local public beaches to help casually teach beachcombers young and old about what they are seeing. I was personally a Beach Naturalist for several years and enjoyed both what I learned and what I could teach others. It meshed well with my other volunteer work as a People for Puget Sound community “Pod Leader”, too.

One of the most interesting things about going out to a beach on a Beach Naturalists day is experiencing all of the hidden aspects of beach life that you would likely otherwise just walk on by without ever noticing. Even on a seemingly “barren” gravel beach there is a surprising amount of life under every little rock. And on beaches where large boulders are strewn about, the variety and intensity of sea life exposed at low tides is exceptional.

Definitely check it out; you’ll learn a lot and every visit afterwards to your own front yard or to a local beach will have more depth.

Resources:
Beach Naturalists Program
Beach Naturalists’ schedule on local public beaches
Seattle Aquarium
Seattle Times article about Beach Naturalists

Seattle Aquarium logo for Beach Naturalists Program

Seattle Aquarium Beach Naturalists Program

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Jul

17

Nutria, the beaver-like rodents from South America, are on the rise again in some Portage Bay and Lake Washington areas. They were introduced to Washington and Oregon in the 1930s for fur production, but like many such experiments they got wild and “went wild” breeding and multiplying outside of fur trappers’ control. Considering that their natural predators include alligators and caiman, no wonder they do fairly well here!

Nutria can be trapped and exterminated, which some folks are doing since they can act like moles and tear up valuable shoreline. Some government agencies are looking to get more involved in a wider and more coordinated program to rid the area of this non-native species, but those plans are in the early formative stages.

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Jun

1

As part of the larger market trends, waterfront homes have become more affordable and with higher selection. In some communities, the prices have held up very well due to continued demand by a general group of buyers insulated from the broader market issues of credit, income, mortgage options, and such. However, there are also an increasing number of good options in quality second tier waterfront locations, and supply and demand is gradually catching up with market realities.

The upside for sellers though is that the relative valuation and appreciation of waterfront continues to be stronger in relationship to the rest of the market. It’s always good to have a valuable, in demand type of property where they aren’t making any more shoreline, but they sure can make more inland subdivisions and condos.

An article appeared in today’s Seattle Times about this topic. Although the specific anecdotes in the article are not locally based, the general concepts can still apply.

View of Lake Union and Seattle skyline

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Apr

12

Geese can be a troublesome part of local lakefront living for some. Geese love wide open manicured grass that comes to the water’s edge, like many home owners have. Lawns provide them with foraging spots and open sight lines with no hiding places for predators. The main downside for many waterfront owners: what the geese leave behind…

The easiest way to get rid of geese on your lawn is to create a native vegetation buffer between your lawn and the water. This blocks the sight lines and access routes that geese prefer, and they will move on to open lawns elsewhere. Choose native vegetation of varying heights so that you can frame and enhance your views, with a majority of low lying bushes and native ground cover so that your views are maintained at your eye level but not at the geese’s eye level.

This also provides other benefits to your property. Native vegetation buffers such as this help filter pollutants from your lawn before they enter the lake, and they provide insects for fish and birds. Also, in the rare event of severe wind that creates a lot of high wave action, the larger vegetation will protect your soil and landscaping from erosion far better than grass.

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Mar

1

Here’s the latest update from King County on the public input process to proposed changes of our local Shoreline Master Program:

Preliminary King County responses to public comments received on the draft Shoreline Master Program update from October – December 2007 are now available. Phone message comments were received until September 2007; due to a technical error phone messages after that period were not recorded.

King County plans to release a third public review draft in late summer 2008 and hold a series of public meetings in fall 2008 before transmitting the Proposed Shoreline Master Program to King County Council in November, 2008.

Shoreline Fact Sheets
Draft Shoreline Master Program (September 2007)

King County commissioned a phone survey in winter 2007 to help understand public goals and priorities for managing shorelines. Results are available from the Shorelines Public Survey Findings page.

King County will release a third public review draft in late summer 2008 and hold a series of public meetings in fall 2008 before transmitting the Proposed Shoreline Master Program to King County Council in November, 2008.

Please send an email to shorelines@kingcounty.gov if you have any questions.

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Nov

5

In addition to your own private beachfront, there are many terrific long expanses of public beachfront around the Seattle area of Puget Sound. Here some of the best beaches close in to the city. Be sure to explore further out for many others as well, including terrific parks in Tacoma, Vashon Island, and much more.

Best Sand Beaches

Best Beach Walks

With a stroller:

With a day-pack:

Best Beach Picnics

Best for Sea Creatures

Best Beaches with Playgrounds

Best Beaches for Fires

(in designated fire pits only)

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    Oct

    8

    As I wrote about before, King County is now in its second phase of updating local Shoreline Management Program designations, policies, and regulations. This is a good opportunity for you to learn about existing and proposed regulations, as well as contribute your thoughts and opinions on the topic.

    The county provided a good overview of their upcoming events, which I’ll quote here for your info:

    Learn more.
    · Visit the King County Shorelines Web site to review the first draft of the updated Shoreline Master Program. Hard copies of the draft will also be made available in public libraries and community service centers in October 2007.
    · Schedule a special presentation for your organization by contacting Mary Rabourn at 206-296-1977. (Meetings will be scheduled based on staff availability.)
    · Attend an upcoming Open House near you (dates below) to learn about what is new in the draft Shoreline Master Program and the King County Comprehensive Plan, ask staff questions and provide your comments:

    Public Meetings – Draft Shoreline Master Program and Comprehensive Plan
    · Oct. 11, 2007: Cascade View Elem. School / Snoqualmie, 6:30 – 8:30 p.m.
    · Oct. 15, 2007: Vashon-Maury Island UAC meeting / Vashon, 7:30 – 9 p.m.
    · Oct. 16, 2007: Kentridge High School / Kent, 6:30 – 8:30 p.m.
    · Oct. 18, 2007: White Center Heights Elem. School / Seattle, 6:30 – 8:30 p.m.

    How to submit comments.
    1. Online: Visit the New King County Shorelines Web site to submit comments, sign up to receive e-mail updates or look up information about a shoreline area: www.metrokc.gov/shorelines/
    2. Email comments: CompPlanAndShorelines@kingcounty.gov
    3. Mail written comments:Attn: Shoreline TeamKing County Department of Natural Resources and Parks201 S. Jackson St., Ste. 600Seattle, WA 98104

    What’s next?
    · Fall/Winter 2007 – Public meetings for review and comment on the revised draft program.
    · December 28, 2007 – Deadline for public comments
    · March 2008 – King County Executive will transmit a proposed Shoreline Master Program Update to the Metropolitan King County Council for review, public hearings and adoption.

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    Sep

    25

    The National Flood Insurance Program (NFIP) is up for a vote again, and this insurance provides important affordable coverage for people in many areas of the Seattle / Puget Sound region. Most home owner insurance policies do not cover flood damage, and many home owners are not even aware that they have no coverage in this area. The NFIP covers obvious areas such as rivers overflowing their banks into property, yet many people also don’t know that it includes high tidal/wave action on the Sound, land movement due to heavy rains, mudslides, and related catastrophes that could potentially destroy a home and yet not be covered by the home’s regular insurance. With our area’s huge expanses of Sound and lake coastline, and our steep terrain with homes perched on fragile hillsides to maximize views, this can be important insurance for many home owners in many different locations.

    The Federal Emergency Management Agency (FEMA) Mitigation Division manages the program, and it is federally subsidized so the rates are lower than would otherwise be available through private insurance (though of course there is the hidden generalized cost in our taxes to pay for the subsidy). Private insurers have been steering away from flood insurance over the years. Many high risk areas do not even have realistic private flood insurance options, and NFIP fills the void.

    The legislation under consideration this week is HR 3121 Flood Insurance Reform and Modernization Act of 2007. This resolution extends the program for 5 years, increases coverage limits and inclusions, adds optional wind coverage, and other items. If this is of interest to you and your community, I recommend calling your Congressperson and expressing support. Later this year the Senate Committee on Banking, Housing and Urban Affairs will be creating its own NFIP reform bill as well.

    Seattle area waterfront real estate on Puget Sound beach

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    Sep

    15

    1031 tax deferred exchanges, which allow the owner of an investment property to roll over gains into another “similar” investment property without paying taxes on the gains, can include personal vacation homes. However, the personal use of a vacation home must officially be restricted, usually keeping personal use to under 14 days a year or less than 10% of the time it is rented out.

    There have been recent court cases clarifying the allowable personal usage of vacation homes, and what distinguishes between allowable and non-allowable properties for making a 1031 exchange at time of sale. A recent sale and 1031 exchange of a lakefront second home for another larger waterfront home tested some of these boundaries, and clarified some rules on the matter.

    In general, there are several important aspects that a vacation home owner can do to demonstrate both intent and actual practice of maintaining a property for investment purposes. This includes: renting the property out and claiming the income, tracking expenses, depreciating the asset, deducting mortgage interest as an investment expense instead of a second home tax deduction, type of tax filings, and number of days of personal usage. Also, a property that is initially used mostly for personal use may be transitioned gradually over more to investment/rental use for a period prior to sale, and this could help justify a case that it was an investment property eligible for a 1031 tax deferred exchange. This is somewhat untested in the courts but some experts feel it could work if an exchange were questioned by the IRS.

    There is likely an unexplored gray area between “personal usage” and “onsite maintaining of the property to uphold the investment value”. If you are onsite for the purpose of maintaining and inspecting the property, then likely it would be beneficial to document this with receipts (from the hardware store or such) and a simple log of activities.

    It is important to note that the IRS does not accept just market value appreciation of the property to be a valid justification for establishing a vacation home as an investment property. The IRS recognizes that a property can be left on its own for appreciation, but if it is used for personal purposes then it must be treated as investment property via intent and practice as discussed above, even if part of that does not include rental income.

    There are a lot of options out there for people who already have a vacation home – or else want to purchase a second/vacation home – and would like to enjoy the benefits of rolling up their gains via a 1031 tax deferred exchange. This is especially the case for people who don’t visit the property frequently and who also do advance accounting and tax planning practices in line with investment property approaches. Lots there to talk to your tax and legal advisors about, but very intriguing…

    Vashon Island waterfront real estate home overlooking Colvos Passage, Seattle area

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    May

    8

    Tideland ownership can be confusing and conflicting for some waterfront owners, since property ownership varies between communities and even between nearby local properties within Washington. In Oregon, all beaches are considered public, and private ownership starts above the mean high water mark. In Washington on the other hand, the state sold about 70% of it’s tidelands to private upland property owners between the time of statehood and 1971.

    If a property comes with tideland ownership, that generally refers to ownership of the land exposed between the lower low water mark to the mean high water mark. The lower low water mark is rarely exposed, and only at minus tides. There are occasional technical differences to the high water mark, where government meander lines were instead used as approximations.

    Land below the low water mark is generally public, although there is “underwater land” ownership in some places, mostly used for the purposes of shellfish harvesting. This public land under the water comes under the jurisdiction of the Aquatic Lands Division of the Washington State Department of Natural Resources.

    So, depending upon where one is located and how the property ownership was exchanged over the years, beach ownership for waterfront owners varies from property to property. As a matter of civility, it’s always important to respect the “front yards” of waterfront property owners no matter what the particular ownership rights. Even if the beach is public, visitors should address loitering, garbage removal, noise, and such just as they would want people to act right beside their own home elsewhere.

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    May

    2

    Because of my specialization in waterfront homes, KIRO TV contacted me this week about doing a story on houseboat living in the Seattle Lake Union area. The reporter, Michael Fox, was interested to show people what a houseboat was like both inside and outside, especially for people who had never been on one before.

    So I took them on a personal tour of a current listing of mine that was then located at a prime end of dock view spot on the Ship Canal leading to the lake, and we got together for a nice sunny day on the water.

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    Apr

    23

    For all of you boaters out there: A large array of educational and water safety organizations will be hosting Safety on the Sound 2007 at the Des Moines Marina, 22307 Dock Ave S, on Saturday May 12th from 10am – 2pm.

    Participants include US Coast Guard Auxiliary, Flotilla 32, Puget Sound Keeper Alliance, South King Fire and Rescue, Mary Bridge Children’s Hospital, Safe Kids Program, Boaters World Inc., United States Power Squadron and Poverty Bay Squadron, City of Des Moines Marina, and the King County Sheriff’s Office Marine Unit.

    Should be informative and helpful as we get ready for a new boating season upon us!

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    Mar

    27

    If you own or are considering purchase of property with wetlands, which can include anything from boggy areas to full waterfront properties on large bodies of water, then you may be interested to attend an in-depth two day course that teaches about many aspects of properties with wetlands:

    • Functions and values of wetlands
    • How wetlands are identified and classified
    • Regulations involved when buying and selling properties with wetlands
    • Wetland mitigation
    • Wetland mitigation banking
    • Working with wetland consultants
    • The role of land trusts in regard to wetland properties
    • Afternoon field trip to a wetland
    • Date: Wednesday & Thursday, April 18 & 19, 2007
    • Times: 8:30 am to 4:30 pm
    • Place: Lacey Community Center (directions sent upon registration)
    • Fee: $180, includes resource binder, lunch, and morning refreshments

    For more information, contact Kelly Martin (360-786-5445 ext 7915 or Martink@co.thurston.wa.us) or Karen Janowitz (360-786-5445 ext 7918 or janowitz@wsu.edu).

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    Mar

    14

    The Seattle PI recently raised awareness again about the efforts of the local volunteer group Friends of Street Ends, which works toward ensuring public access to the approximately 148 different street ends that run directly into Lake Washington, Lake Union, Ship Canal, and Puget Sound. They are trying to maintain, create, or open up these public property street ends as miniature waterfront access points and mini-parks for the local community. Recent negotiations regarding a specific street end on Lake Washington were reported, plus how it had all gone before the state Shorelines Hearing Board. In a somewhat unusual result, it seems that both the community and the adjoining affected waterfront property owners are fairly happy with the end result (which dictated that private/public stairs did not need to be replaced/relocated by the waterfront property owners). The owners were concerned about public intrusions onto their private property, as well as safety and disturbances that sometimes come with next-door public access, but hopefully the local community will be respectful of their rights to quiet enjoyment.

    Waterfront property is valuable for its aesthetics, beauty, and access to public waterways. This sometimes creates friction when private property owners want their expensive private property privacy, and local inland community members want to share in their public access rights to the same bodies of water. Over many decades, variations on this idea also have created a very interesting and unusual array of encroachments and easements on some waterfront properties, and these are rarer to find in non-waterfront properties. Here are some examples to be on the lookout for, so that you can make your own informed decisions regarding any effects on your current or future property’s values and enjoyment:

    1) Encroachments onto public right-of ways. This includes the street ends mentioned above, but may also extend onto adjoining parks, boat ramps, and other examples. A survey and determination of surrounding properties can help address these questions.

    2) Encroachments onto private property. Fences, old shacks, overhangs of buildings, shared walking paths or steps down an embankment, and many other types of encroachments can create issues of “understood” ownership that are contradicted by a professional survey. If next door to a commercial property, the same situations can apply there also.

    3) Adverse possession. Examples such as the encroachments above, or even just access provided over many years across a person’s property to the water, can create adverse possession. Adverse possession in Washington is basically “open and notorious” use of another’s property continuously for over 10 years, and it can create a situation where the trespasser can claim legal right to ownership of the property even though another person actually owned the physical space per legal descriptions. I have significant qualms with that concept, but it exists nonetheless and does come up from time to time due to waterfront values and long forgotten sloppy maintenance of property lines and official permissions for accessing property. There are ways around it where a neighbor can provide access or temporary/ongoing use while still ensuring that the property will never fall under adverse possession (you can contact me for basic info and an attorney to really do it).

    4) Easements. Easements are a way of life on some waterfront properties. Older communities may have a mish mash of access easements that go from inland properties and across some waterfront properties. This may have been exchanged among friends, or been part of a land deal, or sold for a relatively small exchange of value, but most importantly it usually doesn’t hold any value to new owners and is only a potential source of friction regarding access rights across their property.

    I personally was involved in a waterfront deal where one property encroached on an adjoining property by 5 feet, and the 5 foot encroachment rippled across 5 different properties in a row until the last one was effectively shorted 5 feet. This situation was not discovered until years after the initial encroachment (by a professional survey team who repeated their work three times due to the controversy it created). Was there ever a lot of discussion and negotiations that resulted out of that surprise finding!

    The take-away from all this: it’s very important to check existing surveys, information on surrounding properties, and all aspects of a full title search, plus ask around regarding any possibilities of adverse possession. All of that is not a 100% solution, but it certainly can go a long way toward eliminating surprises later.

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    Feb

    13

    If the record November 2006 floods adversely affected your home, business, or place where tax-related records are kept, you are eligible to receive various forms of tax relief this year. King County was included with 10 other Washington state counties in the Presidential Disaster Area resulting from storms, flooding, mudslides, and landslides that occurred throughout the state in November.

    Most of the relief areas include significant time extensions across a wide range of filing dates, both for personal and business forms. Also, individuals may deduct personal property losses that were not covered by insurance or other forms of reimbursement.

    If any of this may apply to you, consult your tax advisor to utilize the relief areas and to obtain more specifics for your particular situation.

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    Feb

    8

    The Washington State University Extension Water Resources Leadership Team is providing a full day class – intended for both real estate professionals and waterfront property owners – that details impacts of shoreline development and how to best work with natural processes that occur along shorelines. I’ve been to a similar class in the past and it was quite interesting and informative; it includes classroom time plus a shoreline field visit to have hands-on discussion and learning.

    The instructors will cover the following topics:
    Natural shoreline processes
    Bluff processes
    Signs and risks of landslides
    Avoiding natural hazards
    Issues of human modifications, including bulkheads
    Shoreline stabilization
    When to contact a consultant
    Alternative methods of erosion control
    Regulatory framework
    Field visit to a shoreline site (wear weather appropriate clothes)

    The class is 8:30am – 4:30pm way out in Shelton (about 1.5 hour drive from Seattle) and costs $120 (which includes materials, refreshments, and lunch). Contact and registration information is available on their website.

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    Feb

    4

    Come visit Seahurst Park on the Puget Sound shores of Burien to experience the beach creatures that come out on a low tide winter evening. The event will be led by naturalists from the Environmental Science Center and People for Puget Sound, who will provide hot drinks. They’ll have a glowing bonfire to gather around and share stories before walking the beaches at night to educate you, your friends, and family about many things you likely did not know before. Prior starlight walks have been a big success with a great turn-out, and I’ve found them to be very fun and educational.

    Be sure to bring weather and temperature appropriate clothing, good flashlights, and waterproof boots.

    Date: Saturday February 17
    Time: Starts at 7:30pm
    For additional information: 206-988-3712

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    Jan

    18

    The Shoreline Property Owners and Contractors Association (SPOCA) is sponsoring a seminar on dock permitting rules and regulations, shading, grating, construction time windows, and mitigation requirements for shoreline property owners. The seminar will be held at the 2007 Seattle Boat Show in Seattle’s Qwest Field Event Center at the following times: Monday January 29th 1:00pm, Tuesday January 30 3:00pm, and Wednesday January 31 5:00pm.

    SPOCA is a contractor-created organization led primarily by waterfront construction interests, and they are trying to expand their membership to private waterfront property owners. They aim to reduce and streamline shoreline environmental regulations, which you may or may not agree with but the seminar should be interesting and informative for anyone considering a new dock, dock repairs, or dock modifications.

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    Jan

    11

    2006 has come and gone, and it was yet another terrific year for WaterHavens everywhere. Waterfront real estate has risen with the general market throughout the year, and in many cases outperformed market averages. This is a normal occurrence: waterfront is always more desirable and tends to be a better investment than non-waterfront real estate. And if a down market ever occurs in the future, waterfront will still be the most desirable and first to sell if priced appropriately.

    First, a review of the general King County real estate market: in December 2006, house prices increased 12% for the year and arrived at a median price of $440,000, while condo prices rose an astounding 21% to a median $270,000. For all combined residential properties, median was $399,900 and average was $477,845. Available inventory has risen and average time on market has recently taken longer than a year ago, yet prices have continued to rise.

    Strong underlying fundamentals continue to drive our market strength: low interest rates continue, alternative mortgage models, strong job growth and professional economy, and lifestyle desirability of Seattle and the Pacific Northwest. Condos continue to be in demand due to demographic and age trends, second homes, investments/rentals, urban lifestyle movement, downsizing and simplifying, and continuation of having many singles or childless couples in the Seattle metro area. These large appreciation increases won’t continue forever, but current outlook for 2007 indicates a stable market with lower – but still positive – appreciation.

    Now for the actual waterfront property sale price results of each local waterfront community for all of 2006. I have compiled all of this specific data for house and floating home properties (in west to east / north to south order), and at the end I have also provided general aggregate information for condominiums (since condo waterfront status is not as clearly tracked in the MLS as with houses) and vacant land.

    Here’s a key to reading this data:
    Number of houses from lowest to highest sale price, average list price / average actual sale price / average cost per square foot / average days on market.

    NORTHWEST SEATTLE lakes: 6 from $350,000 – $994,000, list $625,408 / sale $634,667 / $285 sf / 113 days.

    MAGNOLIA Sound: 2 from $899,000 – $1,500,000, list $1,224,500 / sale $1,199,500 / $1,087 sf / 261 days.

    WEST SEATTLE Sound: 10 from $390,000 – $1,928,000, list $1,257,890 / sale $1,240,816 / $466 sf / 126 days.

    BURIEN Sound and lakes: 11 from $250,000 to $1,300,000, list $914,350 / sale $840,277 / $339 sf / 160 days.

    NORMANDY PARK Sound: 3 from $1,450,000 to $1,950,000, list $1,831,667 / sale $1,666,667 / $461 sf / 239 days.

    DES MOINES Sound: 4 from $625,000 – $1,600,000, list $1,067,500 / sale $1,023,250 / $379 sf / 164 days.

    FEDERAL WAY Sound and lakes: 11 from $302,500 – $1,770,000, list $719,400 / sale $698,209 / $268 sf / 134 days.

    SEATTLE Lake Union houseboats: 17 from $158,500 to $1,385,000, list $514,135 / sale $484,300 / $466 sf / 108 days.

    NORTHEAST SEATTLE Lake Washington: 13 from $940,000 – $4,250,000, list $2,761,531 / sale $2,619,692 / $642 sf / 80 days.

    SOUTHEAST SEATTLE Lake Washington: 5 from $985,000 – $1,775,000, list $1,437,331 / sale $1,395,333 / $480 sf / 56 days.

    MERCER ISLAND Lake Washington: 22 from $1,100,000 – $6,200,000, list $3,524,136 / sale $3,304,955 / $774 sf / 317 days.

    KENMORE Lake Washington: 3 from $1,410,000 – $1,605,000, list $1,606,667 / sale $1,530,000 / $464 sf / 52 days.

    KIRKLAND Lake Washington: 3 from $2,400,000 – $6,175,000, list $5,087,667 / sale $4,525,000 / $816 sf / 397 days.

    HUNTS POINT Lake Washington: 10 from $2,100,000 – $8,700,000, list $5,362,600 / sale $5,113,834 / $1,179 sf / 353 days.
    MEDINA Lake Washington: 9 from $2,570,000 – $15,000,000, list $6,309,889 / sale $6,093,889 / $1,191 sf / 308 days.

    BELLEVUE Lake Washington: 13 from $1,300,000 – $4,300,000, list $2,906,077 / sale $2,709,064 / $649 sf / 166 days.

    WEST LAKE SAMMAMISH: 18 from $930,000 – $7,600,000, list $2,220,417 / sale $2,192,483 / $516 sf / 98 days.

    EAST LAKE SAMMAMISH: 9 from $1,199,000 – $2,100,000, list $1,722,444 / sale $1,683,000 / $600 sf / 91 days.

    RENTON lakes: 18 from $495,950 – $2,645,000, list $894,461 / sale $881,775 / $292 sf / 98 days.

    KENT lakes: 10 from $325,000 – $825,000, list $642,980 / sale $635,965 / $211 sf / 90 days.

    AUBURN lakes: 4 from $349,950 – $690,000, list $496,975 / sale $494,738 / $258 sf / 59 days.

    CONDOMINIUMS all local areas: list $506,773 / sale $496,207 / $371 sf / 61 days.

    VACANT LAND all local areas: list $773,734 / sale $751,496 / 215 days.

    To summarize all of the home sale price data above from all of the local waterfront communities:

    Lowest: $158,500 (houseboat)
    Highest: $15,000,000
    Average: $1,806,860
    Median: $1,187,000

    Quite a year! Enjoy a WaterHaven. Our waterfront and waterview is the best in the world.

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    Jan

    9

    I was recently contacted by a television show producer who occasionally asks me for ideas on our local communities. She has chosen Normandy Park as where she wants to film a show with two families competing to make their homes “greener” and more energy efficient; the show pays for all of the upgrades and remodel costs. Good deal! If you or someone you know might be a match, tell me about yourselves and I’ll make the introductions. Here is the concept description that the producer sent to me:

    CASTING CALL: FAMILIES WHO WANT TO “GO GREEN”
    The 2006 wind storm left many western Washington residents without power and influenced many New Year’s resolutions to include being aware of how much energy we really use and possibly abuse in our everyday lives. A renewed dedication to “go green” and reduce, reuse, recycle in 2007 is gaining momentum and Screaming Flea Productions is offering two local families the opportunity to do it on national TV!

    The new program called “Green It Up!” will give two western Washington families an opportunity to explore their energy usage and will challenge them to green up their lifestyle with do-it-yourself home improvement projects we can all learn from. Each family will be given the resources to tackle projects, large and small, that will feature Earth-friendly materials, appliances, and concepts to be implemented and monitored over a month to see which home has improved the most. With rising energy costs, “Green It Up!” will show how families can save money AND the Earth’s precious resources at the same time.

    DETAILS: We are looking for two families living in Normandy Park who would welcome a little green competition into their lives. Families with multiple children are preferable. Project materials/appliances for the show will be funded/provided by the production team.

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    Jan

    8

    Good news that we will have local King County (Des Moines) state representative Dave Upthegrove to lead the Select Committee on Puget Sound. He was elected chair last month, and he will help bring south King County viewpoints to the table when deciding how to address Puget Sound clean-up and how to improve its longer term environmental health. There are a number of different legislative districts that border the sound, so it’s beneficial for us to have a local presence in the lead.

    The initial goals for the committee are broad and far reaching, and as such may not get anywhere for a while as politics, budgets, and priorities get straightened out. However, these committees eventually define – or at least guide – new legislation and regulations which impact waterfront home owners. Bulkheads, septic system design and policies, new development, remodels, setbacks, vegetation, dock permitting, and many other topics can eventually be affected and existing regulations can be changed. Keep in contact with your local representatives and with Dave Upthegrove if you have opinions and feedback on how to best preserve the long term health of Puget Sound. It’s always a tricky balance between owner rights and our ecosystem’s health, so your inputs can help provide elected officials with a feel for “the local pulse”.

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