Sunday, March 25, 2007

Everett Is - And Will Be Booming

Everett Washington has undergone a significant transformation in the last 20 years and from the looks of things that trend will continue for the next 20.

There are many recreational and cultural opportunities. Everett is becoming a major medical center with the expansion of the top-rated Providence Hospital into a regional center and on-going discussions to bring a 4 year university to town.

The waterfront development will attract people interested in boating, artists, empty-nesters looking for a new lifestyle and young professionals. Living on the waterfront will cost a bit more than many people are able, or willing, to pay for housing - but there are other more-affordable housing opportunities in downtown Everett.

Some of the most interesting in the more-affordable category are the Nautica Condominiums at the corner of Grand and Hewitt Avenues. This is really a nice location, with the Sno-Isle Natural Food Coop right next door, various restaurants, gyms and the library very close by (within easy walking distance). Nautica advertises their condo prices as -

Studios from the low $100’s

One bedrooms from the mid $100’s

Two bedrooms from the high $200’s

There will be opportunities in the upcoming years to buy a condo from the low $100's to the low $1,000,000's.

If a person wanted to invest in real estate it seems like any of these options would be a pretty good bet.

Everett, unlike many of the cities/surburban-developments in the Seattle area was a city in it's own right in the late 1800's. Consequently it was layed-out with streets that follow a grid (no cul-de-sacs) and because of that the city is much more orderly than some of the unplanned communities that sprouted up as people moved away from Seattle in search of more-affordable places to live. In other words Everett can have a downtown "core", and not simply a sprawl of strip malls, convenience stores and big malls.

One other very important thing, considering the traffic mess in the Puget Sound area, is that a person could live and work in Everett. Or live and retire in Everett and not have to commute to and from work, libraries, gyms, stores, restaurants, or recreational opportunities on a regular basis.