Rain or shine . . . there are plenty of events and activities in Bellevue this weekend.
ROCK GARDEN PLANT SALE
Saturday, April 14th 10:00 AM – 2:00 PM
Bellevue Botanical Garden – 12001 Main Street
Saturday April 14th 2:00 PM – 3:00 PM
Mercer Slough Environmental Education Center – 1625 118th Avenue SE
Be prepared to get a little muddy and investigate the world of insects
Admission: free – open to all ages
Pre-Register at MSEEC@bellevuewa.gov or 425-452-2565
LIVE JAZZ MUSIC AT CYPRESS
Friday April 13th 8:00 PM – 11:00 PM
Cypress Lounge & Wine Bar/Westin – 600 Bellevue Way NE
GET CRAFTY SATURDAY
Saturday April 14th 1:00 PM – 3:00 PM
Bellevue Arts Museum – 510 Bellevue Way NE
Admission: free ($4 material fee per child)
No reservation required/first come first served
BELLEVUE LIBRARY GRAND OPENING – ideaX Makerspace
Saturday April 14th 10:30 AM – 3:00 PM
Bellevue Public Library – 1111 110th Avenue NE
A place to learn new skills – create electronic circuits, make a robot, craft with a 3-D pen
10:30 ribbon cutting
11:00 ideaX Makerspace opens
11:30 activities and demos
MASTER GARDENER’S URBAN DEMONSTRATION GARDEN WORKSHOP
Saturday April 14th 10:30 AM
15500 SE 16th Street
SEATTLE RESTAURANT WEEK
The last week for Seattle Restaurant Week – 165 participating restaurants with 13 in downtown Bellevue.
3 course meal/$33
For participating restaurants and more information https://srw.seattletimes.com
Living in communities close to workplaces, shopping, dining and other amenities is becoming increasingly important to buyers when searching for a home. A recent survey conducted on behalf of the National Association of REALTORS® found over half of the respondents preferred to live in a community that offered smaller or no yards but was within walking distance of local amenities and offered shorter work commutes.
Buyers no longer look at just the house – equally, or even more important, is the community and access to workplaces, shopping, dining, transportation, schools, health care and parks or open space. Women tend to put more importance on walk-ability and public transit than men but overall nearly 40% said having public transit nearby was important. Sixty percent of those surveyed would be willing to pay more to live within walking distance of parks, restaurants and shops.
In Bellevue the popularity of urban living was recently confirmed when the One88 condominium residences celebrated the grand opening and sales event. Over 80% of the homes sold in just weeks with buyers committing to reservations to purchase homes that won’t be available for two years. Several new Bellevue townhome communities have experienced the same robust sales activity with buyers committing to pre-sales for homes not scheduled for completion until late spring or summer. Resale condos and townhomes throughuot the eastside, walk-able to urban amenities and workplaces, are experiencing the same high level of buyer interest.
No doubt the road closures throughout the city have been frustrating – be patient and flexible as those detours will continue for the next several years as the light rail construction progresses toward the 2023 opening. Those tall green walls at the corner of Main Street and 112th Avenue NE shelter the construction activity and progress being made on the light rail tunnel under downtown Bellevue that will eventually come to the surface and connect to the light rail station which will be located just east of the Bellevue Transit Center.
Click the link above for a fascinating look at the light rail tunnel construction currently in progress under downtown Bellevue’s streets. Given the scope of activity and progress, I’ve got to applaud Sound Transit for how well the the road closures have been announced and marked on the streets throughout downtown.
No doubt there will be more closures, traffic issues and inconveniences in the coming years, but keep your eye on the prize at the end. Light rail is going to be an amazing addition to the Seattle/Bellevue metropolitan area, providing traffic relief and a huge benefit to commuters. If you’ve ever visited other parts of the US where light rail already exists (Boston, Washington DC, Chicago, Portland) you know it will be well worth the wait.
There’s lots happening in the city. Watch the latest Lake-to-Lake video, produced monthly by the City of Bellevue.
- Meet Bellevue’s Newest 4 Legged Police Force Member
- Visit the Downtown Park Inspiration Playground
- Watch the progress of the light rail tunnel being constructed downtown
With it’s thriving central business district, a vibrant arts and entertainment scene diverse variety of shopping and dining choices, dozens of parks, top rated schools and medical care – its a great place to call home. I’ve lived and worked in downtown Bellevue for over two decades – I love living in the city. If you’re making a move to the city, or just need more information about what’s happening in and around Bellevue, let’s talk.
Enjoy the video.
How does commute time impact local home values and buyer’s decisions on neighborhood selection?
According to the US Census, Americans rank having a short commute second only to low crime rates when it comes to determining where to buy or rent a home. One study found that New Yorkers will pay nearly $60 more a month in rent to trim just one minute off their commute. That trend is the same locally – buyers are willing to pay more for a home if it offers an easier commute. As a result, areas in King County with shorter commutes have higher home values.
Urban locations close to employment centers can be expensive, but efficient public transit will level the playing field, providing a more reasonable commute that reaches more affordable housing choices. In our area, the future expansion of light rail on the Eastside and north along the I-5 corridor will have a positive impact on many neighborhoods. Finally, developers are starting to take a closer look at demographics and buyer wants/needs, planning mixed use and multifamily housing near future light ail routes and transit centers. Continue reading
The “Complete the Circle” project at the Downtown Park is underway with work scheduled to be completed in time for this year’s Fourth of July celebration. The nearly year long project includes completion of the last section of the circular canal and tree lined promenade, creating a new entry and water feature at the south side of the park, upgrading the playground to create a universally accessible Inspiration Playground, adding landscaping and terraced seating and enlarging the parking lot on 100th Avenue NE.
Construction of the park’s new south entry and pedestrian crossing caused the temporary closure of the intersection at NE First Street and 102nd Avenue NE. The intersection is expected to open again mid-to-late April.
The Downtown Park is a 21 acre oasis in the heart of the city and the centerpiece of the Bellevue Parks System. There’s something for everyone . . . a half mile level tree-lined promenade, canal, waterfall and reflecting pond, a ten acre lawn area, playground, picnic areas and formal gardens . . . all framed by views of the city’s skyline and Mt. Rainier. Its going to be exciting to see the improvements and have the park open again this summer.
I was recently approached for an on-the-street survey conducted by a major local tech company regarding smart houses, asking if I would value "smart house" features for comfort, convenience, energy conservation and security.
The growth of "smart homes" has exploded worldwide. According to a recent article in Realtor® Magazine, approximately 100 million households will be "smart" by the end of the year and that number is expected to grow to 300 million in the next ten years. Obviously tech companies are banking on this trend, as the market for products regulating home automation, appliances, energy use, security and data analytics is growing. The big question is consumer need and acceptance . . .
- will a smart home factor in a buyer's decision to purchase one home over another
- with prices still relatively high and the technology still fairly complicated, will the average homeowner embrace the technology
- is this just a passing fad, or could the technology eventually take off (solar panels took years) and demonstrate a return-on-investment
Consumers are increasingly tech savvy and showing more interest in smart home technology. While these products are growing in popularity (thermostats, alarms, cameras, auto-locking doors, etc.) and can be easily controlled from a phone or tablet, how many buyers will be more likely to buy a home if smart products are installed? Is smart home technology an upgrade the average homeowner would consider instead of making cosmetic updates? It will be interesting to see how long it takes for smart home technology to be the new norm.
Both San Francisco and Seattle have an abundance of tech jobs. Anyone in the tech industry casting a wide net in their job search could expect to find job opportunities in both cities. While both locations would provide career growth opportunities and a stimulating lifestyle, where would you move and how would make that choice?
San Francisco is a fabulous city and salaries in the Bay area can easily be 20% higher, or more, than the Seattle marketplace, but many tech workers are choosing Seattle over the Bay area and Silicon Valley higher paying jobs. No question the cost of living here is on the rise, but the Seattle area has a significanty lower cost of living when it comes to renting or purchasing housing, parking, dining out, entertainment, groceries, etc. Locating where the employment base is, and where living is more affordable, could explain why Google expanded its campus in Kirkland and Facebook, Twitter, Uber and Dropbox have located offices here.
Friends who recently left San Francisco and moved back to the Eastside were renting a small studio in downtown San Francisco for $3,000/month + $300/month for parking. While the opportunity to return to the Eastside was key in their relocation decision, the difference in living expenses was also attractive. Renting a luxury one bedroom condo on the Eastside at $2,000/month, parking included, definitely made up for any difference in salary. While home prices and rents have increased in Seattle and on the Eastside, our prices still pale in comparison to San Francisco.
A higher paying job is enticing, and San Francisco is definitely a desirable place to live, but when adding up the list of basic items that can be as much as 30 percent cheaper here than in San Francisco, maybe the city on the bay is better as a great place to spend a weekend.
Walkable neighborhoods continue to grow in popularity with buyers placing high value on access to workplaces, entertainment, shopping and dining without having to rely on a car. A home's walkability is not only increasingly in demand, its also a factor in raising home values. Recent data shows that mixed-use transit oriented neighborhoods improve property values and over the years walkable communities have held and increased their value, even in turbulent real estate markets. Respondents in a recent NAR (National Association of Realtors®) survey confirmed that buyers prefer to live in a neighborhood with a mix of homes and businesses. Communities where people can live close to work, buy groceries and socialize – all without needing a car – are the magnets that attract many of today's professionals, families and downsizing buyers.