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Seattle is absolutely insane...I think the bubble will burst soon.
Bought this house for 350k with some friends 5 years ago...2 of them are in construction and 1 is an electrician...We spent about 4 months fixing it up (it was pretty shitty but has a view over lake washington. looks directly at Bill Gates' house) .....Anyways, just had 2 appraisals done because we're looking to all buy our own places now (we've had a our own frat essentially for too long and our GF's/wives wanna kill us) ...2 appraisals...
One appraisal for 1.4 Mil and one for 2.1 Mil . So i imagine its somewhere in between. We pay property tax at 1.2 Mil but they havent seen what we did to the inside ...just the outside.
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