Information about Mercer Island, Washington Condos Market
It just take a fifteen minutes drive from Seattle or Bellevue downtown to reach the quiet, upscale neighborhoods of Mercer Island, which is better known to the rest of the world as the home of Microsoft co-founder Paul Allen that known for its pricey real estate and sophisticated schooling culture, Mercer Island is now Washington's latest condo destination. One of the wealthiest pockets of greater Seattle, Mercer Island is in the juncture of a real estate transformation and as part of this transformation process, a slew of Washington condos developments are filling up the area's quiet neighborhoods that used to be traditionally dominated by sprawling, detached homes with astronomical prices.
Even a few years ago, the up-market Mercer Island was characterized by the absence of essential urban features like hustle bustle of big cities, night clubs and the condos. But now Condo culture has penetrated Mercer Island the same way, it has penetrated the other upscale Washington destinations, thanks to an array of municipal investments and constructional boost for the real estate sector. Over 22,000 residents of this fully incorporated city will now have more housing options in form of Washington condos. With the supply of nearly 700 Washington condos, Mercer Island is all set to emerge as a hot condo market of the North West.
Conveniently located near Seattle's software companies, Mercer Island, Washington condos can be the perfect buying destination for the professionals, who prefer suburbs over downtown living, but do not want wasting time on daily commuting. Mercer Island offers a convenient option for living near workplace without lowering the quality of life with the noise pollution and automobile exhausts. No wonder, the mid rise Washington condos in Mercer Islands are meant for the well heeled professionals who do not mind paying the little more prices for maintaining the quality of life.
Another plus point of living in Mercer Island is its spectacular lake views. Most of the prestigious condo developments in this city boast of a 360 degree Lake Washington view. While yacht and sea plane docks are usual feature with single family homes, thus giving a clear idea that only the classy and affluent can afford these waterfront paradises in Mercer Island, Washington condos are more affordable. Located mainly on the northern, business district of the city, average two bedrooms Washington condos in Mercer Island will cost you something near $350,000, while three bed/two bath single family homes start at $700,000. Ridgewood condominiums and Landmark villas are top two Washington condos in Mercer Islands.
