BUYING REAL ESTATE IN WASHINGTON

The state of Washington has a lot to offer when it comes to real estate. Now more than ever, popular communities near the Columbia River are surging. For those looking to purchase real estate here, this is actually a good thing because an influx of people and overall rise in interest in these communities means more contemporary housing. Moreover, there continues to be significant economic growth in the entire state.  With that said, three major counties in Washington to watch that are becoming the fastest-growing and most affordable are Stevens, Pend Oreille, and Spokane Counties. Thus, whether you are a real estate investor, a business owner looking for a new market, or a future homeowner, these three counties are where you should focus your attention.


Spokane County

With Spokane County being the fourth-most populated region in the entire state, there is surprisingly a wealth of properties available. Furthermore, much of the available real estate in this county is located in its major cities like Spokane, Liberty Lake, and Spokane Valley. If you are looking for undeveloped land here, there are over 330 parcels for sale, ranging from $30,000 to $5,800,000. This available land consists mainly of homesites with only a handful of commercial acreage. That said, there are a number of businesses for sale, starting in the high $100,000s. Finally, if you are looking for a single-family house in this lush county, well, you are in luck. There are over 2,100 homes on the market, ranging from $26,000 to $3,080,000.


Stevens County

This particular area of Washington is home to notable cities like Colville and Kettle Falls. Nevertheless, as a whole, Stevens County has several decent size communities that have undeveloped land, homesites, and, of course, residential as well as commercial properties for sale. Land for purchase in Stevens County is currently in ample supply, with just over 300 land lots and homesites available. These parcels of land range from $16,500 to $7,950,000 and are diverse in square footage/acreage plus terrain.  Likewise, there are roughly 250 single-family homes for sale, ranging from $55,000 to $2,500,000. In terms of commercial properties or buildings for sale, there are several worth considering like the fantastic 1,560 square foot shop with living quarters located in the town of Springdale for $225,000.


Pend Oreille County

In contrast, Pend Oreille County is home to places like the city of Newport and several towns, including Cusick, Ione, Metaline, and Metaline Falls. Overall, this area attracts many tourists, especially near Metaline Falls. As a result, there is a limited supply of land, homesites, homes, and businesses for sale here.  In terms of undeveloped property, there are 100+ land lots for sale, and these lots range from $22,000 to $2,700,000—depending on their intended use, available waterfrontage, and acreage. Moreover, there are even fewer single-family homes on the market, with only 88 houses listed. Nonetheless, these available homes range from $36,000 to $1,500,000, and consist mainly of 2 to 5-bed, 2-bath, 1,000+ square foot, single-story, cabin-style houses. Presently, there are no available commercial properties/buildings.