SEATTLE — A listing of a 910-square-foot, boarded-up home in the Ballard neighborhood is showing just how hot the real estate market is in Seattle right now.
The listing started getting attention when real-estate database Redfin picked it up.
Redfin calculates the chance that a home will go under contract with a buyer within its first two weeks, based on the neighborhood and property. When a property meets a certain standard, it’s listed as a “hot home.”
The Ballard home – built in 1901 – is considered just that. According to Redfin, there’s an 80 percent chance it will sell in 10 days.
Despite the Redfin description of zero bedrooms, Lake & Company told KIRO 7 News that the house “theoretically” has three rooms and a bathroom. That’s based on a description from the King County Department of Assessments, which appraised the property for $390,000 in 2017.
Because it’s boarded up, no one from the real-estate company has actually checked the interior. Lake & Company didn’t disclose the bedroom number on its own listing, because the agents are focused more on the land value.
© 2020 Cox Media Group