Condos, Downsizing, Great Places

Point Edwards

The last few days I have been working in Edmonds with some long-time clients. They are thinking that now may be the time to sell the big house and downsize. They will get less for their house than it was before, but they also realize there are some great deals on condos, and at great interest rates it makes sense to think  about downsizing.  Because they already live in Edmonds, moving downtown seems the most attractive option.

After surveying the recent condo market activity in the Edmonds Bowl, it is obvious that the Point Edwards community is setting the pace in pricing, and the water views and resort-style amenities are unequaled anywhere else in the downtown Edmonds area, or for miles beyond that. The one downside to Point Edwards that I hear from buyers is that it is not a real convenient walk to the downtown shops and restaurants due to distance, hills, and lack of sidewalks.

To be downtown and see all of the older condos there that are steps from everything, makes one wish that Point Edwards and its views were right there. There are some other offerings downtown in new construction and renovated conversions that are  priced somewhat competitively, but they just don’t seem to be getting buyers as excited. The rest of the market there is the more traditional downtown Edmonds market of older condos for sale by estates, with some very nostalgic pricing!

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