Wallingford Condos under $300,000

The Wallingford neighborhood of Seattle is comprised mainly of single family homes. There are a few pockets of condos, mostly built around the Southern part of the neighborhood near Lake Union. The majority of Wallingford condos are South of N 40th Street, and close to Gasworks Park, although there have been a few new construction condos built near the business and entertainment center of Wallingford, N 45th Street.

Although prices for condos in Wallingford remain fairly high, there are a handful of good buys for first time buyers or people looking for a bargain in this well-known neighborhood.

As of today, there are 8 condos in Wallingford under $300,000. Most are 1 bedroom, 1 bath condos, but the lowest-priced home is actually a 2 bed/1 bath. Situated near 41st St and Whitman Ave, this 1940s era unit is 700 square feet and surrounded mostly by single family homes and has quick access to highway 99. It's listed at just under $250k, the only condo in this category currently.
Moving up above $250k we have 4 condos currently for sale in the Biscayne, a fairly new building. There are a couple of one bedrooms and a couple of two bedrooms available, with the two-beds listed closer to $270k. A couple of these have Lake Union water views and Seattle skyline views from the balconies. Located at 34th St and Wallingford Ave, these condos are perfect for walking down to Gasworks or commuting from Highway 99 or I-5.

On the Southeast end of Wallingford, there's a large one bedroom (almost 900 sq ft) listed under $275k in Landings Lake Union. This is one of the biggest condos available in this price range, and a quick I-5 commute location. It's also just steps from the University Bridge, street end parks on the waterfront, and Ivar's on the lake.

Sam DeBord and Brian Wiegand

Seattle Homes and Seattle Condos for sale on SeattleHome.com

The Wallingford neighborhood of Northwest Seattle is known as being fairly expensive, but there are some houses that have come on the market recently that ease that label. While most Wallingford homes start around $600,000, there are a few houses for sale that are under $550k and worth looking into.

There are a couple of townhomes listed at just under $400,000 right now, and both are fairly new construction, good-looking homes. Wallingford doesn't have a lot of townhomes or condos in general, so this is a good first buy to get into the neighborhood without breaking the bank.
The lowest-priced house is on the West end of Wallingford, between Stone Way and Aurora.

It's a good-looking Craftsman house, 3 beds, 2 baths, and listed near $420k. At over 1800 sq feet, it has plenty of space and is inexpensive on a per sq ft basis. This area is thought by some to be part of Fremont, and alternately called Freford or Wallingmont. Technically, it's part of the Wallingford neighborhood according to the city, as Aurora Ave (Highway 99) is the true border.

There are a handful of other townhouses between $400k and $500k, all fairly new and high quality construction. There is also a very modern, minimalist single family home listed just under $500k. It's a green-built, brand new home that exudes style. This is not your average Wallingford craftsman, but a splash of funky design in a quiet enclave.

There are 3 or 4 more homes between $500k and $550k right now, all classic Craftsman homes, 3 or 4 bedrooms, 2 baths, 1500 to 2000 square feet. These kinds of homes seem like the best investment right now. Remember the old saying..."Buy the smallest house in the nicest neighborhood"?

Sam DeBord and Brian Wiegand

Seattle Homes and Seattle Condos for Sale at SeattleHome.com

Lake Union, Wallingford Houseboats

Most Lake Union houseboats and floating homes are in the Eastlake and Portage Bay waterfront neighborhoods, but there is a large enclave on Northlake Way in Wallingford that is less well-known. This area of the lake has quick freeway access, open public parking for cars and boats, and great parks like Gasworks just steps away.

There are a handful of houseboats on the market right now in Wallingford's stretch of Lake Union. There have been just two sold so far this year, although summer is always the peak of houseboat buying season. The two sold so far are a two story house barge at $235,000, and a 48' vessel with two stories and a top deck. The vessel sold for $255,000.

Houseboats in Wallingford start at around $150,000 and quickly break above the $500,000 mark. There are such a variety of styles of live-aboards, from tiny towable barges to long, sea-faring vessels that you need to take a walk down the docks to understand the different lifestyles afforded by each type of home.

Lake Union floating homes

Wallingford Condos Sold, YTD 2009

Condos make up a low percentage of housing in the Wallingford neighborhood of Seattle, but those condominium buildings that do exist carry substantial price tags.

The median price for condos sold so far in 2009 in Wallingford was $265,000. This is a 1 bed, 1 bath condo of about 600 square feet. Marketing time for condos this year has been just over 2 months, at 65 days on market. Almost all of the condos sold in Wallingford sold between 30-90 days on the market this year.

Seattle - Wallingford Condos For Sale

Wallingford Neighborhood Home Sales, 2009 - Seattle Real Estate

There have been fifty-six single family homes sold in the Wallingford neighborhood of Seattle so far in 2009. Median home prices stayed above the half-million mark at $502,000. For most of Wallingford, this would be the price on a typical small- to mid-sized Craftsman house with two or three bedrooms and one bath.

While total sales numbers are down, length of time on the market isn't remarkably long. Right now, the median time to sell a single family home is 50 days in Wallingford. 44% of homes sold in less than one month, which is still a bright spot for this Seattle neighborhood. If a home is priced right in Wallingford, it still seems to move quickly.

Wallingford, Seattle Homes For Sale

Wallingford - Seattle Waterfront Neighborhood

Wallingford is a residential neighborhood on the north shore of Lake Union, just north of downtown Seattle. The real estate varies widely, from inexpensive houseboats on the waterfront, to mid-range townhomes, and high-end single family homes.

The boundaries of the Wallingford neighborhood are roughly:

Lake Union to the South

I-5 to the East

N 50th St to the North (a few pockets extend further North)

Highway 99 (Aurora) to the West (some would say Stone Way N)

Wallingford's business center is N 45th St. It is lined with independent shops, restaurants, bars, and theaters. The neighborhood has an active resident community council which strives to preserve its small town feel. The QFC supermarket in the center of 45th St is the closest thing you'll find to a national chain business (although it feels like a small neighborhood market inside). Dick's Drive In and Gas Works Park are just a couple of the Seattle landmarks residing in Wallingford.

The majority of Wallingford's homes are 1920s-built Craftsman and Tudor homes. There are some newer developments of view condos and high-end townhomes. The real estate prices are relatively high, although there are small Craftsman Bungalows still selling in the mid-level price range. This neighborhood is highly sought-after because of it's small town pace, proximity to downtown (5 minute drive on Highway 99 or I-5), and recreational areas including parks, movies, Lake Union and Green Lake.