Renton’s Original Grand Homes

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My team loved the unique history behind our new listing (built 100 years ago!) in Downtown Renton and we had to share. The owners requested information from the Renton Historical Museum and recieved the following:

Dear Diana,

I actually found out quite a bit about your mother’s house at 131 Garden Ave. N. It was actually built (and probably designed) by George W. Custer, a prominent Renton builder.  He is well-known here for his Craftsmen-style houses—you can see them all around North Renton.  Albert N. Fairchild, the owner of Renton Lumber Co., contracted with Custer for the house, and Sturman H. McDaniel was the foreman on the project.  According to Custer’s ledgers in our collection, McDaniel worked for Custer from September 1912 through February 1918, at which point he disappears from the historical record. (His wife Audria is widowed and living with their two children in Los Angeles by 1930.)  The Fairchilds lived in the house until about 1930, at which point your father purchased it.

I have attached one of our newsletter articles on Custer, as well as a couple newspaper articles from 1917 about the construction of your house.  We also have a couple photos from 1928, which I have attached.  And there’s a page in the Custer ledger for 1917 that shows McDaniel as the foreman on the project.

I hope this helps—I’m not sure there’s much more to find.  McDaniel may have joined the military during WWI, although I don’t see a record of it, or he and his family moved elsewhere.  Custer remained here building houses until his death in 1963.

Please let me know if you have other questions!

Sincerely,

Liz Stewart, Renton Museum

Read about George W. Custer in the Renton Historical Society & Museum Newsletter here: Renton Historical Quarterly- George W. Custer

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Settling down before you’ve found ‘The One’

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Owning a home has long been considered part of the American Dream. In years past, dreams of a white picket fence were closely linked to expectations for marriage and children. This is no longer the case in 2017. Only half of American adults are married following steady decline since the 1960’s. Today, marriage happens at an older age on average than in decades prior. While planning for one’s future was never certain, our culture no longer offers a normative path that young people can expect to follow.

Although homeownership rates have been on a declining trend since the recession, young Americans have not abandoned their dream of owning a home as they have the institution of marriage. Available financial data demonstrates why this is a smart choice. Between 1999 and 2013, homeowners saw a median wealth gain of $91,900 while the median wealth of renters remained below $2,000. Owning a home also provides protection from rent increases, a pressing problem for those in the Seattle metro area.

Lots of Americans are taking on the challenge, and reaping the rewards, of buying a home on their own. Single women have already realized the benefits, making up 17% of home buyers last year. Single men are lagging behind making up only 7% of home buyers in 2016.

What’s the takeaway? In 2017, getting married, buying a home and having kids are not a package deal. If your dreams include owning a home, don’t wait.

Co-written by Rachael Laxton & Jennifer Clukey

 

 

Why Hire Me To Buy a Home When You Have The Internet?

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Let me start with a story that has nothing (and everything) to do with real estate.

A few years ago I started having heart palpitations. It was simply annoying at first, until it happened in the middle of the night and I thought I might die. I didn’t know much about it so I researched it on the internet. There were tons of articles and WebMD info about heart palpitations. It started by saying that most of the time this condition is harmless… unless it’s not… then you might die. Then it gave a list of 50 things to improve the symptoms. The list seemed to be the same for every health problem I’d ever had: reduce stress, eat better, exercise more-unless it increases the heart palpitations of course. So I went back to bed with lots of info but no clear direction.

After another night of not sleeping and more online research, I went to see my doctor. I explained my problem and her answer was that I should cut out caffeine for 2 weeks and see if that worked. To be honest, I was pissed. I took a half day off work, drove into the city, paid for parking, waited in the office, sat on the crunchy paper, had my pulse taken, turned off my phone etc. etc. for something this simple? Not ok. I told her I needed a real fix. She said…”Ok, here’s how this looks; I send you to a specialist, you go to the appointment, they do all these tests, hook you up to a machine that monitors your heart for 2 weeks, and you have to check in every couple days. But before they can start all that, they send you home with an order of no caffeine for 2 weeks.”

Aha. I understood.  She short circuited all my overthinking and personal problem solving with a clear direction. The simplicity of it was initially confusing but in reality she had seen thousands of people just like me and knew how to best help me with the least amount of pain and hassle.

My job as a Realtor is similar. Clients can access lots of online information about homes, neighborhoods, and schools all without me. They hire me because I am their advocate against information overload, helping sort out the meaningful content from the noise.  There are so many decisions to make in a transaction and it is impossible to pre-plan for all of the possible problems.  For example – when should you have a sewer scope done and when should you skip it?  What happens if there is a sewer line issue?  You might have been the winning bid, but your bargaining power is decreased when 3 other buyers are lined up in case you don’t want to buy the home.  Should you buy it anyways?  The answer is… it depends, and that is what I help clients decide.

Information is great, but it’s different than knowledge. At an average price of over five hundred thousand dollars per home in the Seattle area, it’s important to know when to have open heart surgery, and when to simply lay off the caffeine.

Sincerely,

Decaf Girl

October King County Market Update

We’re seeing a slight seasonal cooling in demand this month. Potential buyers should keep in mind that interest rates may not always be this low and rate increases will reduce their buying power significantly. Want to talk strategy? Give me a call!

october-2016

September Real Estate Market Update

Are you sick of all the media hype about Seattle’s real estate market? (here’s yet another article telling us that the area is growing- goo.gl/pHHGd0) Or does the 11% increase in median sold price have you wondering what your house might be worth? Whatever you’re thinking, we’re happy to help you strategize your next step. Give us a call! -Mike (206)947-9085

september-2016

Windermere Foundation announces their first donation for #tacklehomelessness — Seattle Spaces & Places

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As the Official Real Estate Company of the Seattle Seahawks we are excited to announce the Windermere Foundation will be donating $3,100 to YouthCare from last Sunday’s game as a part of our shared goal to #tacklehomelessness. For each home game tackle by the Seahawks during the 2016 season, Windermere will donate $100 to help provide […]

via Windermere Foundation announces their first donation for #tacklehomelessness — Seattle Spaces & Places

8 Reasons to Dump Whistler Next Ski Season

he ocean stirsthe heart, inspiresthe imagination& brings eternaljoy to the soul

It’s time to dump your Whistler ski trip in favor of Sun Peaks, BC. (For people over 30 or who have always wanted to be).

Side note- This is a real estate blog but it’s the end of summer and everyone is on vacation, so my blog is going on vacation too. J

Sun Peaks Resort

  1. Cost of tickets and rooms – Lift tickets are $15 less per day, and rooms are 25%-30% less. Save the extra for retirement, you’re over 30 now.
  2. Snow – Remember the 2010 winter Olympics in Whistler with no snow? They should have known, it’s the standing joke. Sun peaks has dryer snow for powder days first, followed up with perfect corduroy from the groomers the next morning.
  3. All trails lead to the base– Lots of terrain with most of it ending up in the main village- more likely ski patrol will find your kids the same day.
  4. Lift lines– Whistler needs to implement the Disney fast pass if any of us are going to take more than one run. Not at Sun Peaks… I’m annoyed if I can’t slide in sideways and straight onto the chair. And who is that other person on my run?
  5. Find Your Groove– Frankly-half my time on Whistler Mountain is spent skiing around figuring out where the heck I am. I’ve spent more time on crappy cat tracks trying to get around the hill than actually skiing runs. Sun Peaks is all about the ski runs; you’re only cat-tracking if that’s your thing.
  6. Real estate– Prices you might actually be able to afford in your lifetime. Honestly, part of skiing is dreaming of owning one of the ski/in-ski/out properties. Sun peaks has them for under $500k US.
  7. Night life – Since you’re probably here to ski as your main activity, a good night’s rest is a necessity. The drunk chicks screaming in Whistler Village will wake you up at 3am. Not at Sun Peaks. Everyone is tucked in by midnight.
  8. Dogs– Bring em’-Everyone has one. They’re the new Uggs.Bolacco Caffe

9***Bonus-Secret Eats*** No Starbucks. Instead, small business owner (Conrad from Poland) making fabulous lattes and the best berry scones hot out of the oven. Best you’ve ever had. Don’t miss Bollaco Caffe’ for your morning brew.

Does having A/C increase your home’s value?

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To A/C or not to…..That is the question

Ever since we purchased our current home without A/C thirteen years ago, this conversation has been a hot topic (pun intended) for my family. I argue that for $10,000 to install the new system, we could spend quite a few nights camped out at The Westin. In fact, 5 days per year at $200 per night means we could hotel it for ten years before we were in the hole.  On the other hand, my husband claims that a good night’s sleep allows for better work days, therefore upping our overall earning power which would offset the cost.

Fueling the discussion recently, Seattle has had particularly hot summers in the past few years. Last summer saw 12 days over 90 degrees and 26 days over 85 degrees. The year before was the previous record at 22 days. Not to mention the 116 days over 70 degrees. Typically Seattle only has 10 days a year with temps over 85 degrees. With the heat climbing, I know we aren’t the only ones dreaming of A/C on another sweaty sleepless night.

So how does having A/C play into the value of your home? Here comes the tough truth… it doesn’t add value to your home.  It is a fabulous feature to market, and the buyer will be very happy to have it, but I couldn’t take the value of a home and add $10k because of the A/C.  I help folks from all over the country purchase in Seattle. The locals never assume a house has A/C, and people from the East always assume it has A/C. Either way, they don’t make their decision to purchase it, or whether it is worth the price, based on A/C.  In that moment there are too many other important considerations, mostly about location, lot size, room size/count, overall condition, schools etc.

So here is my advice. If you want to get A/C for the enjoyment and comfort of your family, go for it!! Consider it an investment in your well-being. As for us, after 13 years of discussion, we have decided to make the investment. And since we will apparently be getting a better night’s sleep, we will be extra ready to help you sell your home- A/C or not. J

Bonus Round – Ideas in case you don’t want to purchase full A/C

  1. Buy a small local unit. It’s good for one room at a time. Cost $400
  2. Once the sun goes down, open all windows and turn on fans to blow the hot air out. It usually cools down enough at night making for a natural A/C.
  3. Visit your friend who has A/C. We all have that one friend with A/C. Now seems a good time to catch up. (Give us a call if you want to come mooch off of ours).
  4. Starbucks – At $4 per coffee, the price of A/C is built in, so stay and hang out all afternoon.
  5. Movies – So cold you’ll need a sweater.
  6. Small plastic pool – for the adults. Put it in your front yard, pull up a lawn chair and put your feet in. It will give your neighbors something to talk about. If you want to give your neighbors another reason to talk, leave it there over the winter.

July Real Estate Market Update

In Seattle’s fast paced sellers’ market, the media makes it seem like all you need is a “For Sale” sign to have buyers fighting to make an offer. So why would a homeowner need a real estate agent if they want to sell? An experienced agent can help sellers maximize their property’s exposure to the market, and as a result, receive the top market value. Without this exposure, a homeowner may be selling themselves short. Do you have questions about what your property might be worth? Give me a call and I’d be happy to help you strategize. – Mike (206)947-9085

July 2016