Asked by Isbef, 98125 • Thu Jul 22, 2010
We own a five year old rambler in north Seattle. We refinanced may 09 and got an estimate of 455K, which seemed conservative at the time. Have prices dropped considerably since then? The house is in excellent condition with nice finishes - granite counters, central air, whirlpool tub etc etc 1800sq ft on a nice 6000sq foot lot. As our family expands we would like to move to a larger house, but worry that now is not the time to move. I know that you can't do a valuation from my description, but you can let me know if values on this type of property are still trending downwards. Also would a remodel i.e. a 2 room addition upstairs in the roof be an insane idea?Sorry, long question, any advice appreciated!
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