What are your priorities when investing in a house (s)? Make sure you look into the appreciation rates for that area. Many desirable areas are not necessary the ones that give your investment with most return. Let’s take a quick look at this demonstration chart. Central Seattle or West Seattle have always been the top choices for many buyers regardless of the premium price range. On the other hand, Kent and Burien are areas at lower price points.
Appreciation rates from 2018 to August 2020 offered by
Central Seattle: -06%
West Seattle: 3.4%