Sunday, April 25, 2010

Seattle Times - Neighborhood of the Week: Tukwila

Tukwila back on fast track with light-rail link

Tukwila, at the crossroads of rivers, highways and railways, has been a hub of commerce since the 1860s, when boats on the Duwamish River ferried coal from local mines on a two-day journey to Seattle.

That trip now takes 37 minutes from the new Tukwila light-rail station near the airport.

That station (officially known as the Tukwila International Boulevard Station) has increased homebuyer interest in the neighborhood surrounding the towering structure.

"The last two homes I've sold were because of the light-rail station right up the street," says Windermere Real Estate agent Marilyn Ferris.

Housing in the neighborhood around the station is "eclectic and affordable," Ferris says. "There's a lot of diversity and multigenerational households," she says, citing the recent sale of a "really cute" 1,700 square-foot home to an extended family for $245,000.

"They don't drive and can walk to the bus, light-rail station and stores, and they're thrilled to be homeowners," Ferris says.

The neighborhood features some of the most affordable houses in the Seattle area. Recently a three-bedroom, two-bath, 1,768-square-foot house three blocks from the station was listed for $159,999 while a new, custom-looking four-bedroom, 2,590-square-foot house with coffered ceilings sold for $366,000.

Prices across Tukwila are similarly affordable. The median price of 12 single-family houses sold in Tukwila during February was $285,000, according to figures compiled by Seattle-based The median price of 11 condos sold during February in Tukwila was $132,000, according to Zillow. - Click Here to View Entire Article

No comments: