How Long Things Last

We all know that nothing lasts forever, but when everything is working fine it is easy to forget that all of the systems and appliances in your home have a finite lifespan. Keep this information in mind, whether you are buying or selling a home, budgeting for improvements, or deciding between repairing and replacing.

Here’s a brief look at some of the components of your home and their average lifespans (courtesy of the National Association of Home Builders)

 

ROOFING, SIDING, WINDOWS & DECKS. You can expect slate or tile roofs to last around 50 years, wood shingles 25-30, metal will get you about 25 years, while asphalts typically last about 20 years. The lifespan for siding can vary quite a bit. Brick will last 100 years or more, aluminum about 80 years and stucco will probably last you 25 years. Wood siding can last anywhere from 10 to 100 years depending on the climate you live in and how it is maintained. Both aluminum and vinyl windows will last 15 to 20 years, while unclad wood windows can have a life of 30 years or more. Cedar decks will average 15-25 years as long as they are properly treated and cleaned, and a high quality composite deck will last 30 years with minimal maintenance.

 

FLOORING. The natural flooring materials such as wood, marble, slate or granite will all last 100 years or more, while tile has an average life of 70-100 years. Vinyl can last up to 50 years, while laminate and linoleum will get you up to 25 years. Expect your carpet to last 8-10 years, depending on use.

 

KITCHEN & BATH. Laminate countertops can have a life of 20 years or more, but it will vary depending on use. Wood, tile and stone should last a lifetime, and cultured marble will typically see a lifespan of 20 years. You can expect your stainless steel sink to last you about 30 years, while an enamel-coated sink will give you five to 10 years. Slate, granite, soapstone and copper will be around for 100 years or more. Bathroom faucets should give you about 20 years, and toilets will average a 50-year lifespan, although some of the parts will need replacing.

 

APPLIANCES. The lifespan of appliances will vary widely depending on the appliance, the brand, model, and use. Use these average lifespan numbers as a rough guide for when it may make more sense to replace rather than repair. Gas ranges tend to have the longest lifespan of your major appliances, giving around 15 years of use. Electric ranges on the other hand, are closer to 13 years, which is also the expected lifespan for standard refrigerators and clothes dryers. Your garbage disposal should give you about 10 years of use, while the dishwasher and microwave will be around nine years. You can expect your electric furnace to last about 15 years, 18 for gas and 20 for oil-burning. Central air systems will live 10 to 15 years on average.

 

Check out the NAHB website for more information.


Posted on October 2, 2019 at 8:18 pm
Barbara Clark | Posted in Uncategorized |

Rent vs. Own

The current break-even horizon* in the

Seattle Metro area is 1.69 years!

 

*The amount of time you need to own your home in order for owning to be a superior financial decision.

With expensive rental rates, historically low interest rates, and home prices softening, there are advantages to buying versus renting.

In fact, the Seattle Metro area has seen some of the sharpest rent hikes in the country over the last few years! There are several factors to consider that will lead you to make the best decision for your lifestyle and your financial bottom line. Zillow Research® has determined the break-even point for renting versus buying in our metro area. In other words, the amount of time you need to own your home in order for owning to be a superior financial decision. Currently in Seattle, the break-even point is 1.69 years – that is quick! What is so great about every month that ticks away thereafter, is that your nest egg is building in value.

I am happy to help you or someone you know assess your options; please contact me anytime.

These assumptions are based on a home buyer purchasing a home with a 30-year, fixed-rate mortgage and a 20 percent down payment; and a renter earning five percent annually on investments in the stock market.

 Read the full article on the Zillow Research website here

Zillow Research® is a trademark of Zillow, Inc.


Posted on March 2, 2019 at 11:45 pm
Barbara Clark | Posted in Uncategorized |

Farmer’s Market Schedule – 2018

 

  • South Snohomish County •

 

Arlington Farmers Market
Legion Park: 200 N. Olympic Ave
Saturdays. 10am-3pm | July 7 — Sept 29

 

Bothell Farmers Market
Country Village: 23718 Both-Evrt Hwy
Fridays 12pm-6pm | June 1—Sept 28

 

Bothell South County Community Market
Park Ridge Church: 3805 Maltby Road, Bothell
Wednesdays 4pm-8pm | June 6—Sept 26

 

Edmonds Garden Market
Historical Museum: Between 5th & Bell Street
Saturdays 9am-2pm | May 5—June 9

 

Edmonds Summer Market
Downtown: 5th St from the fountain
Saturdays 9am-3pm | June 16—Oct 6

 

Everett Farmers Markets
Boxcar Park: 615 13th Street
Sundays 11am-4pm | May 13—Oct 14

 

Everett Transit Center: 2333 32nd St
Wednesdays 4pm-8pm | May 23—Sept 26

 

Marysville Farmers Market
1035 State Ave
Saturdays 10am-2pm | June 23—Sept 1

 

Monroe Farmer’s Market
Lake Tye Park: 14964 Fryelands Blvd
Saturdays 8:30am-12:30pm | May 12—Nov 17

 

Mukilteo Farmers Market
Lighthouse Park: 609 Front Street
Wednesdays 3pm-7pm | June 7—Sept 27

 

Snohomish Farmers Market
The intersection of Cedar Ave & Pearl St.
Thursdays 3pm-7pm | May 3—Sept 27

 

 

  • The Eastside •

 

Bellevue Farmers Market
First Presbyterian: 1717 Bellevue Way NE
Thursdays. 3pm-7pm | May 17—Oct 11

Bothell Farmers Market
Country Village: 23718 Both-Evrt Hwy
Fridays 12pm-6pm | June 1—Sept 28

 

Issaquah Farmers Market
Pickering Barn: 1730 10th Ave NW
Saturdays 9am-2pm | May 5—Sept 29

 

Juanita Friday Market
Juanita Beach Park: 9703 NE Juanita Dr
Fridays. 3pm-7pm | June 1—Sept 28

 

Mercer Island Farmers Market
Mercerdale Park: 7700 SE 32nd St
Sundays 10am-3pm | June 3—Oct 7

 

Redmond Saturday Market
Redmond Town Center: 7730 Leary Way NE
Saturdays 9am-3pm | May 5—Oct 27

 

Sammamish Farmers Market
City Hall Plaza: 801 228th Ave SE
Wednesdays 4pm-8pm | May 9—Sept 26

 

Woodinville Farmers Market
DeYoung Park: 13680 NE 175th St
Saturdays 9am-3pm | May 5—Sept 29

 

 

  • Seattle Area •

 

Ballard Farmers Market
Ballard Ave NW
Sundays. 10am-3pm | Year round

 

Capitol Hill Broadway Farmers Market
Seattle Central Comm College: Broadway & Pine
Sundays 11am-3pm | Year round

 

Columbia City Farmers Market
37th Ave S & S Edmunds St
Wednesdays 3pm-7pm | May 9—Oct 10

Fremont Sunday Market
Corner of 3410 Evanston Ave N
Sundays 10am-4pm | Year round

 

Lake City Farmers Market
125th St and 28th Ave NE
Thursdays 3pm-7pm | June 7—Oct 4

 

Lake Forest Park Farmers Market
Third Place Commons: 17171 Bothell Way NE
Sundays 10am-3pm | May 13—Oct 21

Madrona Farmers Market
1126 Martin Luther King Jr. Way
Fridays 3pm-7pm | May 18—Oct 12

 

Magnolia Farmers Market
Magnolia Village: 33rd Ave W & W McGraw
Saturdays. 10am-2pm | June 2—Oct 20

 

Phinney Farmers Market
Phinney Neighborhood Center: Phinney Ave N
Fridays 3:30pm-7:30pm | June 1—Sept 28

 

Pike Place Farmers Market
Pike Place & Pine St
Saturdays 9am-5pm | June 2—Nov 24

Queen Anne Farmers Market
W Crockett Street & Queen Anne Ave N
Thursdays 3pm-7:30pm | June 7—Oct 11

 

Shoreline Farmers Market
15300 Westminster Ave N
Saturdays 10am-3pm | June 9—Oct 6

 

University District Farmers Market
University Way NE “the Ave”
Saturdays 9am-2pm | Year round

 

Wallingford Farmers Market
Meridian Park: Meridian Ave N & N 50th St
Wednesdays 3pm-7pm | May 16—Sept 26

 

West Seattle Farmers Market
California Ave SW & SW Alaska St
Sundays 10am-2pm | Year round


Posted on April 28, 2018 at 5:35 am
Barbara Clark | Posted in Uncategorized |

Does it make more sense to rent or own?

The current break-even horizon* in the Seattle metro area is 1.6 years!

*The amount of time you need to own your home in order for owning to be a superior financial decision.

 

With rising rental rates, historically low interest rates, and home prices on the rise, the advantage of buying vs. renting is becoming clearer each month.

 

In fact, Seattle has seen some of the sharpest rent hikes in the country over the last year! Snohomish County has seen a huge increase in apartment growth and rising rental rates as well. There are several factors to consider that will lead you to make the best decision for your lifestyle and your financial bottom line. Zillow Research has determined the break-even point for renting vs. buying in our metro area. In other words, the amount of time you need to own your home in order for owning to be a superior financial decision. Currently in Seattle the break-even point is 1.6 years – that is quick! What is so great about every month that ticks away thereafter is that your nest egg is building in value.

 

I am happy to help you or someone you know assess your options; please contact me anytime.

 

These assumptions are based on a home buyer purchasing a home with a 30-year, fixed-rate mortgage and a 20 percent down payment; and a renter earning five percent annually on investments in the stock market.


Posted on April 28, 2018 at 5:34 am
Barbara Clark | Posted in Uncategorized |

Veggie Planting in Seattle

It’s not too late! If you’re thinking about planting some fresh veggies but haven’t started yet, you still have time to get things in the ground for a late summer/early fall harvest. On average, the Puget Sound’s frost-free growing season is mid-March through mid-November, so with a little knowledge of when and how to start things, you can still see a bountiful harvest this year.

Some plants can be direct seeded into your garden, while others should be started indoors before being transplanted to your garden space. Deciding what to grow is the fun part! Plant what you like to eat, keeping in mind that some plants do better in our area than others.

Broccoli is arguably one of the most productive veggies you can grow in this area, although it can be vulnerable to root maggots and aphids. Giant Italian Parsley is easy to grow, highly productive, and expensive in the grocery store. Leeks are another that can be costly to buy in the store but trouble-free to grow in your own small space. Chard, Kale, Lettuce and Arugula are all full of vitamins and great for Northwest gardens. Carrots, Snap Peas, Snap Beans, Tomatoes and Basil all taste amazing fresh from the garden and grow relatively well in this area.

Check out the great resources at Garden.org for a full list of when to plant all these vegetables and more. They have detailed timelines for both spring and fall gardening; as well as information on transplanting seedlings vs. direct-sowing seeds.


Posted on April 28, 2018 at 5:33 am
Barbara Clark | Posted in Uncategorized |

South King County Market Trends

Price growth was particularly strong in 2017! Median was up 13% and average price up 12% over 2016. Median price in 2017 landed at $405,000 and the average at $440,000. The average amount of days it took to sell a house in 2017 was 30 days which is 9% faster than 2016. The average list-to-sale price ratio over the last year was 100%, with the spring months as high as 102%! In 2017, inventory growth continued to be a challenge, with a 7% decrease in new listings compared to 2016. Even with inventory limitations there were 2% more sales! This phenomenon illustrates strong buyer demand and a need for more listings.

South King County real estate has seen a steady stream of buyers come our way due to affordability, reasonable commute times and quality of life. In fact, the median price in 2017 was 75% higher in Seattle Metro. Historically low interest rates continue to drive the market as well, they have helped offset the increase in prices. Sellers are enjoying great returns due to this phenomenon and buyers are securing mortgages with minor debt service.

This is only a snapshot of the trends in south King County; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on February 8, 2018 at 4:37 pm
Barbara Clark | Posted in Uncategorized |

Eastside Quarterly Market Trends

Price growth was particularly strong in 2017! Median was up 15% and average price up 16% over 2016. Median price in 2017 landed at $865,000 and the average at $1,049,000. The average amount of days it took to sell a house in 2017 was 24 days, which is 17% faster than 2016. The average list-to-sale price ratio over the last year was 101%, with the spring months as high as 103%! In 2017, inventory growth continued to be a challenge, with a 4% decrease in new listings compared to 2016. Even with inventory limitations there were a near equal amount of sales! This phenomenon illustrates strong buyer demand and a need for more listings.

Demand for Eastside real estate has grown due to close proximity to job centers, great schools and quality of life. Over the last year, the Eastside was 70% more expensive than south Snohomish County and 22% over Seattle Metro. Historically low interest rates continue to drive the market as well, they have helped offset the increase in prices. Sellers are enjoying great returns due to this phenomenon and buyers are securing mortgages with minor debt service.

This is only a snapshot of the trends on the Eastside area; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on February 8, 2018 at 1:13 am
Barbara Clark | Posted in Uncategorized |

Seattle Metro Quarterly Market Trends

Price growth was particularly strong in 2017! Median was up 15% and average price up 14% over 2016. Median price in 2017 landed at $710,000 and the average at $801,000. The average amount of days it took to sell a house in 2017 was 18 days, which is 10% faster than 2016. The average list-to-sale price ratio over the last year was 103%, with the spring months as high as 106%! In 2017, inventory growth continued to be a challenge, with a 3% decrease in new listings compared to 2016. Even with inventory limitations there were 4% more sales! This phenomenon illustrates strong buyer demand and a need for more listings.

Demand for Seattle Metro area real estate has grown due to close proximity to job centers. Over the last year, Seattle Metro was 40% more expensive than south Snohomish County and 75% over south King County. Historically low interest rates continue to drive the market as well, they have helped offset the increase in prices. Sellers are enjoying great returns due to this phenomenon and buyers are securing mortgages with minor debt service.

 

This is only a snapshot of the trends in the Seattle Metro area; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on February 7, 2018 at 9:53 pm
Barbara Clark | Posted in Uncategorized |

North King County Quarterly Market Trends

Price growth was particularly strong in 2017! Median and average prices were up 14% over 2016. Median price in 2017 landed at $715,000 and the average at $787,000. The average amount of days it took to sell a house in 2017 was 17 days, which is 19% faster than 2016. The average list-to-sale price ratio over the last year was 104%, with the spring months as high as 107%! In 2017, inventory growth continued to be a challenge, with a 4% decrease in new listings compared to 2016. Even with inventory limitations there were a near equal amount sales! This phenomenon illustrates strong buyer demand and a need for more listings.

Demand for north King County real estate has grown due to close proximity to job centers while maintaining a neighborhood feel. Over the last year, north King County was 41% more expensive than south Snohomish County and 77% over south King County. Historically low interest rates continue to drive the market as well, they have helped offset the increase in prices. Sellers are enjoying great returns due to this phenomenon and buyers are securing mortgages with minor debt service.

This is only a snapshot of the trends in north King County; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on February 7, 2018 at 8:57 pm
Barbara Clark | Posted in Uncategorized |

South Snohomish County Quarterly Market Trends

Price growth was particularly strong in 2017! Median was up 14% and average price up 12% over 2016. Median price in 2017 landed at $508,000 and the average at $543,000. The average amount of days it took to sell a house in 2017 was 24 days, which is 17% faster than 2016. The average list-to-sale price ratio over the last year was 101%, with the spring months as high as 103%! In 2017, inventory growth continued to be a challenge, with a 1% decrease in new listings compared to 2016. Even with inventory limitations there were 4% more sales! This phenomenon illustrates strong buyer demand and a need for more listings.

South Snohomish County real estate has seen a steady stream of buyers come our way due to affordability, reasonable commute times to job centers and quality of life. In fact, the median price in 2017 was 41% higher in north King County. Historically low interest rates continue to drive the market as well, they have helped offset the increase in prices. Sellers are enjoying great returns due to this phenomenon and buyers are securing mortgages with minor debt service.

This is only a snapshot of the trends in south Snohomish County; please contact me if you would like further explanation of how the latest trends relate to you.


Posted on February 7, 2018 at 8:56 pm
Barbara Clark | Posted in Uncategorized |