9912-ne-44th-ct-vancouver-wa-98686/23299283 is a property that has caught the attention of many in the real estate market. This unique address represents more than just a location; it’s a potential home, investment opportunity, or future development site. Understanding its features and value is crucial for anyone interested in Vancouver’s real estate scene.
In this article, we’ll explore everything you should know about 9912-ne-44th-ct-vancouver-wa-98686/23299283. We’ll look at the property’s key features, analyze the neighborhood, discuss its market value, and consider potential investment opportunities. By the end, you’ll have a clear picture of what this property has to offer and why it might be worth your attention.
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Property Overview
9912-ne-44th-ct-vancouver-wa-98686/23299283 is a property that has garnered significant interest in the Vancouver real estate market. This section provides a comprehensive overview of the property, including its location details, property type, and year of construction.
Location Details
The property is situated at 9912 NE 44th Ct, Vancouver, WA, in the Salmon Creek area. This location offers a unique blend of suburban tranquility and urban convenience. Vancouver, Washington, is the fourth largest city in the state and is strategically positioned as a suburb of Portland, Oregon. The city borders the Columbia River on both its southern and western sides, providing residents with scenic views and recreational opportunities.
One of the key advantages of this property’s location is its proximity to both the coast and the mountains, each being just a 90-minute drive away. This makes it an ideal choice for outdoor enthusiasts and nature lovers. Additionally, the property’s location in Vancouver offers a compelling alternative to Portland suburbs, providing the potential for larger houses, better schools, or more land compared to similar properties in Portland.
Property Type
While specific details about the property type are not provided in the available information, it’s important to note that the property is located in Vancouver, which offers a diverse range of housing options. The city has experienced significant growth and development in recent years, moving away from its former “Vantucky” image to become a desirable location with modern amenities.
The property’s zoning designation plays a crucial role in determining its potential uses and development possibilities. Interested parties can verify the zoning information by visiting the Clark County Property Information Center. Each zoning designation has specific allowed uses, which can be explored further in the Vancouver Municipal Code, depending on whether it falls under Low Density Residential Districts, High Density Residential Districts, Commercial and Mixed Use Districts, or Industrial Districts.
Year Built
Unfortunately, the exact year of construction for 9912-ne-44th-ct-vancouver-wa-98686/23299283 is not provided in the available information. However, it’s worth noting that Vancouver has a mix of both historic and newer properties, reflecting its evolution from a rural area to a thriving suburban city.
When considering the property’s age, it’s important to take into account the city’s growth patterns. Vancouver has experienced significant development in recent years, with new construction and renovations taking place to accommodate the increasing population, which is estimated to be around 180,000 to 200,000 people.
For potential buyers or investors interested in 9912-ne-44th-ct-vancouver-wa-98686/23299283, it’s crucial to conduct a thorough investigation into the property’s history, including its year of construction and any subsequent renovations or upgrades. This information can be obtained through official records or by consulting with local real estate professionals who have in-depth knowledge of the area’s housing stock.
In conclusion, 9912-ne-44th-ct-vancouver-wa-98686/23299283 presents an intriguing opportunity in the Vancouver real estate market. Its location in the growing city of Vancouver, combined with the area’s natural beauty and proximity to both urban amenities and outdoor recreation, makes it a property worth considering for various purposes, whether as a primary residence, investment opportunity, or potential development site.
Key Features
9912-ne-44th-ct-vancouver-wa-98686/23299283 boasts several key features that make it an attractive property in the Vancouver real estate market. Let’s delve into the specifics of this property, focusing on its square footage, bedrooms and bathrooms, and lot size.
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Square Footage
The property at 9912-ne-44th-ct-vancouver-wa-98686/23299283 offers ample living space, which is a significant factor for potential buyers or investors. While the exact square footage is not provided in the available information, it’s worth noting that homes in this area typically range from 1,128 to 3,944 square feet. This wide range accommodates various lifestyle needs, from cozy family homes to spacious residences suitable for larger households or those who enjoy entertaining.
The square footage of a property has a substantial impact on its value and functionality. A larger home provides more flexibility in terms of layout and usage, allowing for spacious living areas, dedicated home offices, or even potential for future expansions.
Bedrooms and Bathrooms
The number of bedrooms and bathrooms in a property is crucial for determining its suitability for different households. While the exact configuration of 9912-ne-44th-ct-vancouver-wa-98686/23299283 is not specified, homes in this area typically feature between 2 to 4 bedrooms. This range caters to various family sizes and living arrangements.
When it comes to bathrooms, the property likely follows the common ratio of bathrooms to bedrooms found in many homes. Real estate professionals often suggest that a house should have two bathrooms for every three bedrooms, or one bathroom for every two bedrooms. However, it’s important to note that these ratios can vary based on the specific layout and design of the home.
For a four-bedroom house, which is considered optimal by many, having three bathrooms is often seen as ideal. This configuration typically includes an en-suite master bath, providing privacy and convenience for the homeowners, while the remaining bedrooms share two bathrooms.
It’s worth mentioning that the number of bathrooms can significantly impact a property’s value. Adding an extra bathroom can increase a home’s worth, but only up to a certain point. Interestingly, having the same number of bathrooms as bedrooms might actually diminish property value.
Lot Size
The lot size of 9912-ne-44th-ct-vancouver-wa-98686/23299283 is another crucial feature to consider. While specific dimensions are not provided, the lot size plays a significant role in determining the property’s overall value and potential for future development or expansion.
Vancouver offers a mix of urban and suburban living, and lot sizes can vary accordingly. A larger lot provides more outdoor space for gardening, recreational activities, or potential additions to the home. It also offers increased privacy and the possibility of creating a more secluded living environment.
In conclusion, the key features of 9912-ne-44th-ct-vancouver-wa-98686/23299283 make it a property worth considering in the Vancouver real estate market. Its square footage, bedroom and bathroom configuration, and lot size all contribute to its overall appeal and value. Potential buyers or investors should carefully evaluate these features in relation to their specific needs and long-term plans.
Neighborhood Analysis
The neighborhood surrounding 9912-ne-44th-ct-vancouver-wa-98686/23299283 plays a crucial role in determining its value and desirability. A thorough analysis of the area reveals important factors that potential buyers or investors should consider.
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Schools
Education is often a top priority for families looking to settle in a new area. The quality of schools in the vicinity of 9912-ne-44th-ct-vancouver-wa-98686/23299283 can have a significant impact on property values and the overall appeal of the neighborhood. While specific school ratings are not provided in the available information, it’s important for interested parties to research the local school district and individual schools serving this area.
Factors to consider when evaluating schools include academic performance, extracurricular activities, student-to-teacher ratios, and overall reputation. Prospective buyers with school-age children should visit the schools in person and speak with administrators to get a better understanding of the educational opportunities available.
Amenities
The amenities in a neighborhood contribute greatly to the quality of life for residents. For 9912-ne-44th-ct-vancouver-wa-98686/23299283, the surrounding area offers a variety of conveniences and attractions that enhance its appeal.
One notable aspect is the proximity to hotels, which can be beneficial for visitors or temporary accommodations. Some of the highly-rated hotels near the 98686 zip code include Oxford Suites, Best Western Premier Hotel at Fisher’s Landing, and Best Western Plus Battle Ground Inn & Suites. For those seeking more upscale options, AC Hotel Vancouver, Hotel Indigo Vancouver Waterfront, and Holiday Inn Express Vancouver North Salmon Creek are considered top luxury hotels in the vicinity.
The presence of these hotels suggests that the area is well-equipped to handle visitors and may indicate a thriving local economy. This can be advantageous for property owners who might consider short-term rentals or for those who frequently host out-of-town guests.
Additionally, the neighborhood’s location offers residents easy access to both urban amenities and natural attractions. Vancouver’s position as a suburb of Portland provides the benefits of a major metropolitan area while still maintaining a more relaxed suburban feel. The property’s location also allows for quick trips to both the coast and the mountains, each being about a 90-minute drive away, which is ideal for outdoor enthusiasts and nature lovers.
Crime Rate
Safety is a paramount concern for any homeowner or investor. While specific crime statistics for the immediate vicinity of 9912-ne-44th-ct-vancouver-wa-98686/23299283 are not provided in the available information, it’s crucial for interested parties to research current crime rates and trends in the area.
Prospective buyers should consult local law enforcement agencies, community websites, and crime mapping tools to get a comprehensive understanding of the safety situation in the neighborhood. It’s also advisable to speak with current residents and visit the area at different times of the day to get a feel for the overall security and atmosphere.
When analyzing crime rates, it’s important to consider both the frequency and types of crimes reported. Low crime rates can positively influence property values and contribute to a sense of community well-being.
In conclusion, the neighborhood analysis for 9912-ne-44th-ct-vancouver-wa-98686/23299283 reveals a location with potential advantages in terms of amenities and lifestyle options. The presence of quality hotels nearby suggests a well-developed area with resources for visitors and residents alike. While specific details on schools and crime rates require further investigation, the property’s position in Vancouver offers a balance between suburban living and access to urban conveniences. Prospective buyers or investors should conduct thorough research on these aspects to make an informed decision about the property’s suitability for their needs.
Market Value
The market value of 9912-ne-44th-ct-vancouver-wa-98686/23299283 is influenced by various factors, including its current listing price, price history, and comparable properties in the area. These elements provide valuable insights into the property’s worth and its potential as an investment opportunity.
Current Listing Price
While the exact listing price for 9912-ne-44th-ct-vancouver-wa-98686/23299283 is not provided in the available information, it’s important to consider the broader real estate market in Vancouver, Washington. The median listing home price in the 98686 zip code, where this property is located, is $587,000. This figure serves as a benchmark for understanding the property’s potential value relative to its surrounding area.
It’s worth noting that listing prices can vary significantly based on factors such as the property’s size, condition, and unique features. For instance, in the Vancouver area, single-family homes can range from $289,000 for a 1,128 square foot condo to $1,225,000 for a 3,944 square foot house. This wide range illustrates the diversity of the local real estate market and the importance of considering specific property characteristics when assessing market value.
Price History
The price history of a property can provide valuable insights into its market performance over time. Unfortunately, specific historical price data for 9912-ne-44th-ct-vancouver-wa-98686/23299283 is not available in the provided information. However, understanding general market trends can help contextualize the property’s potential value.
On a national scale, the average sales price of houses sold in the United States has shown fluctuations in recent quarters. As of Q2 2024, the average sales price was $501,700, a slight decrease from $519,700 in Q1 2024. This data suggests that the housing market has experienced some volatility, which could impact local markets like Vancouver, Washington.
Comparable Properties
Analyzing comparable properties in the area can help establish a more accurate market value for 9912-ne-44th-ct-vancouver-wa-98686/23299283. While specific comparables are not provided, we can look at some examples of properties in Vancouver to get a sense of the market:
- A single-family home at 11235 NE 135th Ave, Vancouver, WA 98682, is listed at $609,900. This 2,350 square foot property features 4 bedrooms and 2 bathrooms.
- A multi-family property at 1901 Norris Rd, Vancouver, WA 98661, is listed at $499,800.
- A 1,128 square foot condo at 5565 E Evergreen Blvd #3309, Vancouver, WA 98661, is priced at $289,000, offering 2 bedrooms and 2 bathrooms.
These examples demonstrate the range of property types and prices available in Vancouver, which can help in assessing the relative value of 9912-ne-44th-ct-vancouver-wa-98686/23299283.
It’s important to note that the housing market in Vancouver, like many other areas, has experienced significant growth in recent years. The city has moved away from its former “Vantucky” image to become a desirable location with modern amenities. This transformation has likely had a positive impact on property values throughout the area.
When considering the market value of 9912-ne-44th-ct-vancouver-wa-98686/23299283, it’s crucial to take into account its specific features, location within Vancouver, and current market conditions. Potential buyers or investors should consult with local real estate professionals who can provide a more accurate and up-to-date valuation based on the property’s unique characteristics and the latest market data.
Potential Investment Opportunities
The property at 9912-ne-44th-ct-vancouver-wa-98686/23299283 presents several potential investment opportunities for savvy buyers and investors. Let’s explore the various aspects that make this property an attractive investment option.
Rental Income Potential
One of the primary considerations for any real estate investment is its potential for generating rental income. Vancouver’s growing population and desirable location make it an attractive market for rental properties. The property at 9912-ne-44th-ct-vancouver-wa-98686/23299283, with its 3 bedrooms and 2.5 bathrooms spread across approximately 1,596 square feet of living space, could be an ideal candidate for long-term rentals.
The property’s location in the Salmon Creek neighborhood of Vancouver adds to its appeal as a rental property. Its proximity to amenities, schools, and transportation links could make it attractive to potential tenants, potentially ensuring a steady stream of rental income for investors.
Renovation Possibilities
Another avenue for investment lies in the property’s renovation potential. Built in 1996, the house at 9912-ne-44th-ct-vancouver-wa-98686/23299283 may benefit from strategic upgrades to increase its value and appeal. Renovation can be a powerful tool for boosting a property’s After Renovation Value (ARV), which is crucial when considering investment potential.
Investors should focus on value-add improvements that have a high return on investment. For instance, kitchen and bathroom renovations in California typically see an ROI of 80% to 90%, while window updates might yield a 60% return. While these figures are for California, they provide a general idea of which renovations might offer the best returns.
It’s important to note that official ARV calculations, determined by professional appraisers, are the only ones that count when applying for renovation loans. These loans can be based on up to 90% of the home’s after-renovation value, providing significant borrowing power for extensive improvements.
Future Development Plans
The future development plans for Vancouver present another layer of investment potential for 9912-ne-44th-ct-vancouver-wa-98686/23299283. The city is currently working on “Our Vancouver,” an updated comprehensive plan to guide growth and development over the next 20 years.
This plan aims to accommodate at least 38,000 additional housing units by 2045, which represents a 44% increase from the current housing stock. This projected growth could potentially increase property values in the area, benefiting investors who get in early.
Moreover, recent state-level changes, including House Bills 1110 and 1220, allow for more middle housing and require cities to plan for more housing. These changes could open up opportunities for property owners to maximize their investments. For instance, House Bill 1110 requires cities like Vancouver to allow at least four dwelling units per lot, and up to six units within a quarter-mile of a major transit stop.
Additionally, House Bill 1337 allows for the construction of at least two Accessory Dwelling Units (ADUs) per lot in districts that allow single-family homes. This could present an opportunity for investors to add value to the property at 9912-ne-44th-ct-vancouver-wa-98686/23299283 by potentially constructing ADUs, subject to local zoning regulations.
In conclusion, 9912-ne-44th-ct-vancouver-wa-98686/23299283 offers multiple investment opportunities. Its potential for rental income, scope for value-adding renovations, and the city’s future development plans all contribute to its appeal as an investment property. However, potential investors should conduct thorough due diligence, considering factors such as local market conditions, renovation costs, and future city plans before making any investment decisions.
Conclusion
The property at 9912-ne-44th-ct-vancouver-wa-98686/23299283 offers a range of possibilities for potential buyers and investors. Its location in Vancouver’s Salmon Creek area, combined with the city’s growth plans, makes it an appealing option to consider. The property’s features, including its size and layout, along with the neighborhood amenities, contribute to its potential value.
To wrap up, this property presents opportunities for both homeowners and investors. Whether as a primary residence or an investment, 9912-ne-44th-ct-vancouver-wa-98686/23299283 has the potential to meet various needs. As with any real estate decision, it’s crucial to carefully weigh all factors and seek professional advice to make an informed choice.
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