INSIDE a $650,000 Renovated Home in Spokane's Mead School District + Neighborhood Tour
Today, I'm taking you on a virtual tour of Mead, Washington, a little treasure just north of Spokane that's been catching my eye. We'll dive into the current lifestyle, future potential, and check out a stunningly renovated property that perfectly captures the spirit of this enchanting place. Navigating the Landscape Let's fire up Google Earth and zoom into Mead, giving us a bird's-eye view of the current landscape and a sneak peek into the future Mead Works development. With the strategic placement of Highway 395 and its upcoming connection to I90, the area promises increased accessibility. We'll explore the Fairwood neighborhood, the Wand Deir Golf Course, and soak in the overall ambiance that makes Mead so captivating. Glenair Estates Our focus now shifts to Glenair Estates, a tucked-away neighborhood within Mead. Here lies a meticulously renovated gem—a home built in 1975 that has undergone a transformation. This area, with its privacy and proximity to major corridors, is a hidden treasure. Join me on a detailed tour of this property, boasting five bedrooms, three baths, and spacious living areas. I'll point out the modern touches, like the chic black trim and doors that add a contemporary flair. Unveiling Interior Splendors Let's step inside and explore the heart of the home. A modern kitchen awaits, complete with black drawers, gold hardware, and a trendy butcher block countertop. The tasteful updates extend to a bathroom with vibrant green tile accents, injecting character into the property. The primary bedroom, with its sliding barn door and unique green-themed bathroom, stands out as a distinctive and inviting space. Lower-Level Living Spaces Descending downstairs, we discover additional living spaces. A family room with a fireplace insert offers flexibility for various uses, from cozy gatherings to potential offices or bedrooms. I'll discuss the property's list price of $650,000, deeming it reasonable for this diverse neighborhood that spans from fixer-uppers to luxury homes.
Inside a BRAND NEW $550,000 Home that Pays for Itself in Spokane, WA
In a recent study, it was revealed that 55% of Millennials and 51% of Gen Z believe it's crucial to generate income from their properties to make homeownership more affordable. This growing trend towards maximizing property utility has led to innovative solutions, such as Accessory Dwelling Units (ADUs). In this blog post, we explore a new housing development in Spokane that embraces this trend, offering a unique solution for those seeking affordability and income generation. The Rise of Income-Generating Homes The study findings highlight the desire among Millennials and Gen Z to create income from their properties, signaling a shift in the landscape of homeownership and the need for innovative housing solutions. Spokane Development This new housing development in Spokane responds to the demand for income-generating properties. The featured property includes a three-bedroom, two-bath main house with a one-bed, one-bath ADU, all priced at $550,000. Virtual Tour A virtual tour of the main house reveals a standard yet functional design with customizable features. The ADU, though compact, boasts an efficient layout, showcasing the property's unique characteristics. A Look at the Neighborhood Situated in a quiet, dead-end location, the neighborhood offers a peaceful living space. The potential for future ADU developments enhances the overall appeal of the area. Affordability and Investment Analysis Breaking down the financial aspect, the property is priced at $550,000. Financing options, including FHA loans, are discussed along with an analysis of monthly mortgage payments. The income-generating potential through renting out either the main house or the ADU is explored. Versatility of the Home Various utilization options are possible, such as house hacking, traditional renting, or Airbnb. The development's flexibility caters to different living arrangements and income-generation strategies. In conclusion, the Spokane development reflects a forward-thinking approach to evolving homeownership needs. As the demand for income-generating properties rises, innovative solutions like ADU-focused developments may shape the future of affordable housing.
3 Brand New Neighborhoods in Spokane, WA You Haven't Heard Of
In the ever-growing real estate landscape of Spokane, three exciting new home communities are emerging, offering prospective homeowners a fresh perspective on modern living. In this comprehensive blog post, we will delve into the details of these upcoming developments, providing you with valuable insights into what to expect. From Forest Grove and Raspberry Acres by Hayden Homes to the arrival of Azure Northwest and the mysterious Mike Zant development, the Spokane real estate scene is buzzing with anticipation. Forest Grove and Raspberry Acres by Hayden Homes The first spotlight is on Forest Grove and Raspberry Acres, two neighboring communities by Hayden Homes. Situated on 5 Mile Prairie off Sky Prairie Park, these communities promise a range of home plans with three to five bedrooms, two to three bathrooms, and square footage spanning from 1100 to 2500 sq ft. The proximity to Sky Prairie Park adds an extra layer of appeal, providing residents with a natural retreat. Both communities share similarities in design and layout, with available floor plans listed on Hayden Homes' website. Forest Grove, though slightly behind, is catching up with Raspberry Acres in terms of development, promising a standard yet well-crafted Hayden Homes community. Aspen Park by Azure Northwest Introducing Azure Northwest, a new player in the Spokane real estate arena, bringing a fresh perspective and a reputation for quality builds. Taking over a community from Hayden Homes, Azure Northwest presents Aspen Park, a development boasting approximately 47 homes in its initial phase. Nestled along the I90 Corridor just south of the airport, Aspen Park is set to expand further, adding around 90 homes in late 2024 and 2025. While the location may pose some logistical challenges, its proximity to Airway Heights makes it an appealing option for those working in the area. The Mystery of Mike Zant's Development In the third revelation, we explore a development off Waikiki Road and Mill Road, spearheaded by Mike Zant and Travis Garski. Although details are scant, the anticipation surrounding this project is palpable. With around 60 homes planned for construction, the community's strategic location near the Fairwood roundabout and amenities like the Callis Bell Country Club and White Kieki Springs Trailhead make it an intriguing prospect. The involvement of Travis Garski, owner of Travis Pattern and Foundry, adds an industrial twist to this mysterious development. As the Spokane real estate landscape evolves, these three developments offer a glimpse into the future of living in this vibrant city. Whether you're drawn to the established quality of Hayden Homes, the new perspective of Azure Northwest, or the enigmatic allure of Mike Zant's project, Spokane is gearing up to welcome diverse housing options. Stay tuned for further updates as these communities take shape, and don't hesitate to reach out to local real estate expert Hayden HED for personalized guidance on navigating this exciting journey of homeownership in Spokane.
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