Seattle Houseboats Market Update

Seattle Houseboats Market Update April 2015:

Actives: There are five Seattle houseboats for sale in the “floating homes” category currently. List prices of these active Seattle houseboats range from $510,000 to $1,750,000.  There are Eastlake floating homes, Portage Bay floating homes, and a gorgeous Westlake floating home on the 2420 Westlake dock that we put on last week.

Here is some more on that one since we obviously feel it is the best of the Seattle houseboats on the market right now:

2420 Westlake Ave N   (SOLD)Seattle houseboats

  • 2 bedrooms
  • 1.5 baths
  • amazing rooftop deck
  • ownership in income generating private marina
  • built in 1929, but 2008 remodel is more accurate of its presentation
  • 1065 square feet
  • $500/month dues
  • float size is 42 feet by 24 feet
  • annual taxes are only $1831
  • next dock over from the Sleepless in Seattle houseboat
  • $985,000

Pending Seattle houseboats: Currently there are four Seattle floating homes that are pending in the MLS.  In addition to these Seattle floating homes there is a house barge which is also pending inspection.  List price of these pending Seattle houseboats is $695,000 to $1,690,000.  One of them is on a leased dock, one is on a fee simple dock and two are on co-op docks.

In addition to these pending Seattle houseboats, there are two more which we have helped facilitate and  which are pending in Eastlake – priced at $575,000 and $920,000.

SOLD! Seattle floating homes sold in the last 30 days – Just one has closed according to the MLS.  2351 Fairview Ave E #K  was listed for $1,050,000 and sold for $1,000,000.  It has a garage and is on a condominium dock so the dues are lower and the taxes are higher.

Before I go on, let me clarify what a Seattle houseboat is since there is a lot of bad information out there:

In short, “Seattle Houseboats” is the general umbrella overall term which encompasses ALL of the following:

  1. Seattle floating homes – no motor and more permanently connected to sewer, electric, docks, etc.
  2. Vessel Seattle houseboats – navigable and move of their own propulsion but also act as livaboards.
  3. Seattle House Barges – not self propelled, city has grandfathered a number of them in, some hooked up to utilities.

A little about Seattle houseboats from Wikipedia:

Seattle is home to a relatively large collection of houseboats (capable of moving under their own power) or “floating homes” (houses built on floats) neighborhoods, particularly in Lake Union and Portage Bay. The earliest houseboats in Seattle were recorded in 1905, and peaked with over 2,000 houseboats in the 1930s. There are currently approximately 500 houseboats in Seattle. Most houseboats are designed and built for inland lakes and waterways only.

*Molly Cartwright and I are Seattle houseboats REALTORS not just real estate agents who sell Seattle houseboats.  As actual paying members of the National Association of Realtors, we are able to able to ethically sell homes.  Realtors abide by a strong code of ethics which non-Realtors are not required to.  Make sure that when you are buying Seattle houseboat that your broker is also an actual Realtor – not just a real estate agent. It makes a difference in how they are perceived by industry professionals and you want someone representing you who has a good reputation and who you know will act honestly and ethically in a transaction.

If you are purchasing a vessel type Seattle houseboat then make sure that you are using a licensed vessel broker not just a real estate agent.  Vessels are indeed boats so proper licensing should be in place to sell them.  Molly and I also have our vessel license through our SeattleAfloat.com Seattle houseboats division. You have a choice when it comes to who represents you.

More pictures of our gorgeous Westlake floating home listing:

Please call or text Molly if you would like more info or a private showing: 206-841-6800

Westlake, $985,000 - Image 14


 

Seattle Floating Homes Market Update

By Courtney Cooper 206-850-8841
1/17/2011

The current Seattle houseboats market is stirring up as we trudge through Winter and many are starting to think about getting their floating homes and houseboats ready for the Spring 2011 market.

So, Current Seattle Houseboats Market – What is Happening Out There with floating homes on Lake Union and in Portage Bay?

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It is hard to weed through the actual Seattle floating homes in the NWMLS right now.  The code for them is 24-Houseboats, but that code is also used for houseboats that are vessels and more recently has been used for Lake Union moorage sites at Ward’s Cove.  In addition, there is a land home also mixed in with the houseboats because it is at the head of the dock… This can all be confusing for the consumer, so I have gone through and weeded through all the houseboat listings and pulled the Seattle floating homes from them.

There are only 6  Seattle floating homes for sale right now – 3 in Westlake, 3 in Eastlake, and no Portage Bay floating homes.  If your houseboat is on the market, then that is good news for you because competition is low.   Interested buyers in floating homes have increased in the last two weeks noticeably for us. This is getting the current Seattle houseboats for sale a lot more attention than in the previous holiday months.

Westlake houseboats for sale – There are three Seattle houseboats for sale in Westlake Cove right now.  They range in price from $299,000 to $850,000.  Westlake Cove is near the Fremont Bridge and on the Lake Union Loop with very easy parking and quick access Downtown – a perfect spot for Amazon employees or anyone coming to work at The Gates Foundation.

Eastlake Houseboats for sale – Also on the Lake Union Loop, there are also three Seattle houseboats for sale in Eastlake.  These range in price from $495,000 for a Seattle floating home on a leased dock to $3,450,000 for a contemporary wonder on the Fairview Landings dock.

Summary Seattle Houseboats data on actives– Seattle floating homes for sale range from $299,000 to $3,450,000 with an average of $1,020,494 and median list price of $562,475.

Pending Sales – There is one floating home on one of the Sleepless In Seattle docks that is pending at $975,000.

Last 30 days of escrow closings – Winter has been slow.  Over at Lee’s Mooring – 933 N Northlake Way Houseboat #14 closed on 1/12/2011.  It was listed for $799,950 and on the market for 249 days.  It sold for 90.88% of its list price with a final sales price of $727,000.

What’s Next?

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If you are a Seattle houseboat buyer, come out and see the inventory.  If you have seen them before, come see them again.  Sellers are willing to negotiate and your best opportunity is now before the market heats up.

If you are a Seattle houseboat seller, the inventory is low and that means competition is low. There are less buyers, but you can be sure to get in front of them.  As Spring approaches, think about what improvements or sprucing up you can do to get your houseboat ready for the market.