Seattle is a city of neighborhoods, each with its own unique personality. The University District of
Seattle, surrounding the University of Washington, is rapidly growing, capitalizing on its unique features and vibrant
community; including the waterfront and the university. The Seattle
neighborhood known as the University district offers a bit of Seattle city
living and a spirited college town feel. People have access to waterfront
parks, bike trails, art galleries, museums, and “the Ave.” With hip shops,
bars, and unique international restaurants this neighborhood never gets dull.
The housing
around the university supports a large school population, with influences from
Scandinavian communities, artists, entrepreneurs, and many of Seattle’s up
& coming business ventures. Most of the housing available in this area is
for rent. With such a demand for property and limited space due to the
abundance of nearby amenities, buying a house in this neighborhood is rare,
with an average selling price of $700,000.
Even with its
exclusive location the University district boasts some of Seattle’s most notable
endeavors, like becoming the first and now largest local neighborhood Farm’s
Market in 1993, as well as hosting numerous seasonal festivals for its residents.
Many of the
amenities and activities in this area are focused on events and benefits coming
out of the University of Washington. A fun rivalry with the UW Huskies spells
out tailgating, game day specials and sporting events for everyone.
Near the
University in Portage Bay, the Seattle Yacht Club can be found,
with water and boating access into the bay, and several marinas.
Most residents
in this area are single, with a lower income than average for the city of Seattle,
most likely due to the large student population in the area. The typical commute time for these residents averages about 25 minutes; with proximity to
downtown & convenient transportation methods, the airport is 18 miles. The
amenities in the university district include; several public schools, a
neighborhood service center, community centers, a formal Neo-classical Carnegie
Library, services, retail, and more!
Happenings such
as SeaFair parades, Pride events, transportation updates and meetings and
various events both public and private happen frequently in this area due to
its convenience to downtown Seattle and its welcoming community.
While this
bustling community seems to have stopped its incline, the Seattle City Light
Rail will have service through this neighborhood in 2016 bringing more
travelers, transportation options, and a bright future. When this neighborhood
lends an opening we have the right tools to help you get in before the
competition!
Contact me at HomeLandInvestment@gmail.com for a free list of properties for sale or rent, with photos, in the University District of Seattle.
http://wendywonder.housingtrendsenewsletter.com
http://wendywonder.housingtrendsenewsletter.com
Happy Investing!
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