Comments on: Washington Square Announces Lease to Own Program

By: Julia

Julia — Wed, 18 Feb 2009 22:01:00 +0000

Try going a couple of exits north on 405 and check out Verdeaux condos. It’s a luxury mid-rise with a recent big price drop. You can get 1308 sq ft, greebelt view, 2 bedroom for low $300,000. Some smaller ones are high $200,000 for 2 bedroom.It’s great to see these open floor plans after seeing so many crackerboxes for $600,000

By: sensible

sensible — Mon, 16 Feb 2009 19:47:00 +0000

La La, you overpaid. The key phrase that was a hint was “2 years ago”.

That said, you can get 2BR floor plans in downtown Bellevue for less than $500K. You won’t be living in Bellevue Towers (at the moment, at least) or other brand new concrete and steel buildings, but there are certainly units available in older low-rise complexes for prices in the 400’s and maybe even upper 300’s by now.

By: La La

La La — Mon, 02 Feb 2009 17:47:00 +0000

Steve: A 2- bedroom for $200K, you’ve got to be kidding me!!? I bought my 525 square-foot studio condo 2 years ago for upwards of $250K.

You’re delusional to think you’ll ever get 2-bedrooms in Downtown Bellevue for under $500K.

By: LD

LD — Fri, 30 Jan 2009 21:01:00 +0000

I expect they will go to auctioning the units if the rent to own plan doesn’t work. The homes usually go for 25-30% below asking price during auctions.

By: Justin

Justin — Thu, 29 Jan 2009 22:13:00 +0000

WA square really over reached on their pricing, when the first went for sale they were 150k over what I thought they should be, and now selling anything that's luxury is tough.

I'd buy one for 350k but anything over that is just too much...

at some point the developer is going to have to slash the price, how long can they hold these?

By: Steve

Steve — Thu, 29 Jan 2009 14:25:00 +0000

Let me know when the 2 Bedroom drops to a realistic value ~200,000 and then I will be interested.

By: LD

LD — Thu, 29 Jan 2009 01:22:00 +0000

Hope this works for them in getting people to occupy these units. It is creepy to have such a large building remain 70% empty.

By: Anonymous

Anonymous — Thu, 29 Jan 2009 00:22:00 +0000

I really like the penthouse floorplans. But I’d have to commit armed robbery 15 times before I could afford to even touch the handle on the front door.

By: Anonymous

Anonymous — Wed, 28 Jan 2009 22:43:00 +0000

Let me know when Bellevue Towers does this and I might be interested. WA Square’s floor plans blow.

By: Anonymous

Anonymous — Wed, 28 Jan 2009 20:31:00 +0000

seems like a good idea to me.

and 808 sq. ft. one bedroom home for $530,000. what a great deal!