Seattle is becoming the premier real estate destination in North America. With its combination of lush greenery and active city, Seattle is the place to be. In a survey released on June 23rd, Seattle tied with Denver for the lowest number of available homes for sale, with only 0.98 months of inventory.
CityBldr, a Seattle-based real estate startup, has released a new tool to show what current homes are worth by comparing them to how much developers would pay for the land rather than just looking at the value of the home. CityBldr uses artificial intelligence and machine learning, pulling data from more than twenty sources to figure out how to maximize property values. Homeowners in single family homes zoned for higher-density stand to gain the most if they do choose to sell.
According to CityBldr, the top ten Seattle Neighborhoods poised for growth are:
1. Northgate
2. Central District
3. South Lake Union
4. Beacon Hill
5. Queen Anne
6. Central Business District
7. Rainier Valley
8. Capitol Hill
9. Ballard
10. Belltown
A lot of the neighborhoods benefit from the availability of the Link Light Rail, whether it be home to current a current stop or one in the near future.