What Can You Buy for Under $1 Million in Phinney Ridge?

What can you buy for under $1 million in Seattle’s Phinney Ridge real estate market? This adorable 3-bedroom, 2-bath home is the perfect example of what you can buy for under $1 million.

What can you buy for under $1 million in Seattle’s Phinney Ridge real estate market? In this neighborhood, the average price for a three-bedroom single-family home right now is $1.2 million. Our Diva Dweller clients love this neighborhood because of the amazing urban village vibe.

In this blog, we are going to walk you through exactly what you can buy at different price points in Phinney Ridge. We are also excited to show off this 1905-built home with 3 bedrooms and 2 baths that are being offered at $925,000. Not only that, but we are going to share some more information about how to buy a single-family home like this one!

Want more information about how to buy a single-family home? Check out our blog “How to Buy a House in Seattle | The Definitive Guide” or go ahead and download our homebuyer guide for smart Seattle homebuyers.

What Can You Buy for Under $1 Million in Seattle’s Phinney Ridge Real Estate Market?

In the video above, Kim Colaprete goes into detail about what you can buy in Phinney Ridge at a few different price points. Kim does an excellent job of sharing exactly what you can buy right now at different price points in Phinney Ridge. And of course, Kim is showing off her newest Diva Dwelling listing! More on this later. First, we are going to break down the numbers. Keep reading to learn more about what you can buy at different price points in this neighborhood.

How Much Do Different Types of Homes in Phinney Ridge Neighborhood Cost?

Here is a quick rundown of how much different types of homes in this neighborhood cost right now:

One-Bedroom Condo: In Phinney Ridge, one-bedroom condos average about $500,000
Two-Bedroom Condo: In Phinney Ridge, two-bedroom condos average about $750,000
Two-Bedroom Townhome: In Phinney Ridge, two-bedroom townhomes average about $930,000
Three-Bedroom Single-Family Home: In Phinney Ridge, a three-bedroom single-family home averages about $1.2 million
Four-Bedroom Single-Family Home: In Phinney Ridge, a four-bedroom single-family home averages about $1.7 million

Let’s dive into the details.

How Much Do Condos in Phinney Ridge Cost on Average?

If you don’t need a ton of space and you’re looking for the low-maintenance lifestyle a condo affords, then a condo in Phinney Ridge might be just right for you. A one-bedroom condo costs an average of $500,000 right now. Need a slightly larger condo? A two-bedroom condo costs an average of about $750,000.

How Much Do Single-Family Homes in Phinney Ridge Cost on Average?

In Phinney Ridge, the single-family home market is super competitive. Homes here sell mostly in multiple offers for an average of 20% over the list price. As a buyer, you need to be in it to win it! On average, a three-bedroom home in Phinney Ridge will run you $1.2 million. If you want a four-bedroom home in Phinney Ridge, this costs an average of $1.7 million. There are also townhomes in Phinney Ridge. For a two-bedroom townhome in Phinney Ridge, you can expect to pay an average of about $930,000 right now.

If you want to gain a better understanding of what is happening in general in the Seattle real estate market, check out our Coffee with Roy series! You can view the most recent episode of Coffee with Roy here or read the in-depth blog post “Coffee With Roy | Seattle Real Estate Market Projections 2022” here.

So What Can You Buy for Under $1 Million in Seattle’s Phinney Ridge Neighborhood? The Most Adorable Diva Dwelling!

This vintage home built in 1905 in Phinney Ridge is fresh on the market. It is the perfect example of what you can buy for under $1 million in Phinney Ridge. With three bedrooms and two baths, this adorable home is listed for $925,000. The sellers of this vintage beauty have absolutely loved living here. It’s always bright and cheery thanks to several windows, there are formal “adulting” spaces upstairs, and there are plenty of fun playtime spaces downstairs. Plenty of storage, a fully functional garage, and a quaint backyard are all yours as well. Phinney Ridge also has an amazing urban village vibe.

More Details About This Home

MLS#: 1944037
Address: 719 N 74th St
Listing Brokers: Kim V Colaprete & Michael Jouver
Neighborhood: Phinney Ridge
Square Footage: 1,400
Bedrooms: 3
Bathrooms: 1.75
Parking: 1+
Additional Features: Detached Garage and Alley Access

More details on the listing page >

How to Buy a Single-Family Home

How do you buy a house in Seattle? In Team Diva’s definitive guide on how to buy a house in Seattle, we show you exactly how to be a smart home buyer. We take you behind the scenes and tell you what we tell our smart Diva Dwellers when they are looking for their home.

Now You Know What You Can Buy for Under $1 Million in Phinney Ridge

Many of our home buyers aka Diva Dwellers have been asking “What can you buy for under $1 million in Phinney Ridge’s real estate market?” You can buy a one-bedroom condo for an average of $500,000, or a two-bedroom condo for an average of $750,000. Two-bedroom townhomes in this neighborhood average about $930,000 right now. And if you want to buy a single-family home, you can get a three-bedroom single-family home for an average of $1.2 million. For more space, you can get a four-bedroom single-family home for about $1.7 million in Phinney Ridge. Or you can buy Kim’s fabulous recent Phinney Ridge listing that is being offered for $925,000.

What Else Can You Buy in Seattle?

Ready to become a Seattle homebuyer aka Diva Dweller? Or are you ready for your home to get that Diva treatment? You can download our Homebuyer Guide or our Guide to Selling a Home. You can also contact us below.

We are here to help. Our team understands that this process can take a year or two. And we are more than willing to give you a personalized plan to get the ball rolling. Feel free to contact us directly at thediva@teamedivarealestate.com or call/text 206-271-0264