Real Estate in Seattle, Washington
Last updated on Jun 03, 2023
Summary: The most desirable neighborhoods in Seattle, United States are Ballard, Capitol Hill, Queen Anne, and West Seattle. The average cost to buy a nice 2 bedroom home in Seattle is around $600,000, while a nice 3 bedroom home is around $800,000. These properties typically include modern amenities such as stainless steel appliances, hardwood floors, and updated bathrooms. Foreign ownership of properties in Seattle is allowed, however, there may be restrictions depending on the type of property and the country of origin. An expat looking to buy a home in Seattle should start by researching the different neighborhoods and their amenities. They should also consider their budget and the type of property they are looking for. Additionally, they should consult with a real estate agent to help them find the best property for their needs.
What do I need to know when buying property in Seattle?
When we asked expats what advice they would give a foreigner before buying a property in Seattle, they said:
"When buying property in Seattle, it is important to research the local market and understand the current trends. It is also important to consider the neighborhood and the amenities it offers. Additionally, it is important to understand the local zoning laws and regulations, as well as any potential tax implications. It is also important to consider the cost of living in the area, as well as the availability of public transportation. Finally, it is important to work with a qualified real estate agent who is familiar with the local market and can help you find the right property for your needs," wrote one expat who made the move to Seattle.
Are foreigners allowed to own property in Seattle?
When we asked expats what advice they would give a foreigner before buying a property in Seattle, they said...
"Yes, foreigners are allowed to own property in Seattle. There are no restrictions on foreign ownership of real estate in the state of Washington. However, foreign buyers may be subject to additional taxes and fees, such as the Foreign Investment in Real Property Tax Act (FIRPTA) and the Non-Resident Real Estate Excise Tax (REET). Additionally, foreign buyers may need to obtain a visa or other documentation in order to purchase property in the United States," said one foreigner living in Seattle, the United States.
What appliances are typically included in a rental?
We asked foreigners in Seattle what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Seattle typically include a refrigerator, stove, oven, dishwasher, and washer and dryer. Some properties may also include a microwave, garbage disposal, and air conditioning," said one foreigner living in Seattle, the United States.
Additional Information about Searching for a Home in Seattle:
We asked foreigners in Seattle what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats looking for homes in Seattle can search online for real estate listings, or contact a local real estate agent for assistance. They can also search for rental listings on websites such as Craigslist or Zillow. Additionally, expats can attend open houses or visit neighborhoods to get a better feel for the area," remarked one foreigner who made the move to Seattle.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.