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Washington Real Estate

King County’s Property Tax Is Too High!

King County's Property Tax Is Too High!

King County is a county located in the state of Washington. It maintains a population of over 1,916,400 individuals, making it the most largely populated county in the state. It is the fourteenth largest county in the country. The city of Seattle is located in King County. The majority of the population that occupies this county resides in suburbs within Seattle. 
King County is considered to be a great location to live in and it is known to have some of the highest incomes in the United States. As a result, many people choose to live and work in King County. It is possible to find affordable housing in some locations within the county. However, King county property tax may cause the cost of living to increase substantially.
In addition to being known for its metropolitan cities, desirable suburbs, and high incomes, King county is also known for its high property tax. Residents of King County often complain that the King County property tax rate is much too high. The state of Washington does not implement an income tax, and as a result, a large portion of an individual’s taxes are taken through property taxes. King County property tax will range depending upon what portion of the county an individual resides in. 
In some areas of the county, the property tax rate is as high as 11.9%, making it higher than the average property tax in the United States. The Kings County property tax rate is frequently debated and argued, however, there are many individuals who justify the high tax rate by citing the many advantageous features of living in Kings County.

The Best Areas for Washington Real Estate

The Best Areas for Washington Real Estate

Washington Real Estate 

Many people enjoy the lively metropolitan cities and scenic beauty found in the state of Washington, and chooses to search for Washington real estate. When searching for Washington property, it is important to remember that real estate in Washington differs greatly depending upon location, and therefore, numerous towns and counties should be observed.
Seattle Washington Real Estate

In terms of city housing, Seattle, Washington real estate is often relatively affordable, providing individuals with the ability to live in a major city, without facing the real estate prices seen in New York City and similar cities. Seattle property varies significantly, and prices range depending upon the location of the property, as well as the size and condition of the home.
Bellevue Real Estate

Bellevue is becoming a very popular place for people to purchase property. This rapidly growing metropolitan city center has been ranked by magazines and online polls as one of the greatest locations to live within the country. As a result, Bellevue real estate is becoming expensive, making Bellevue a very costly city to live in.
Spokane Real Estate

In most instances, Spokane real estate is very affordable, making the city of Spokane a suitable alternative for individuals who want to reside in metropolitan cities, but who are not able to afford real estate in other major cities, such as Bellevue and Seattle. Property in Spokane generally costs less than the average price of property in the US.
King County Property Tax

In addition to its many desirable features, King County, Washington is known for having high property taxes. In some areas, the King County property tax rate exceeds the national average, greatly increasing the cost of living within this county. King County property tax is often a subject of debate and argument.
Washington DC Real Estate
Washington DC real estate is highly desired, due to the many attractive aspects of the city and the employment opportunities in federal government agencies. As a result, Washington real estate is often very expensive, especially in popular portions of the city. However, there are many different neighborhoods within the city that may provide more affordable opportunities.

Washington Real Estate

Washington Real Estate

The state of Washington is located in the Pacific Northwest area of the United States. It is the most northwestern state in the country and is bordered by the states of Idaho and Oregon. The west coast of Washington is bordered by the Pacific Ocean. Washington is widely known for its large metropolitan cities, including Seattle and Spokane. 
However, much of the state maintains an astonishing natural beauty that attracts tourists from throughout the world. A large portion of Washington is composed of mountain ranges, rain forests, lakes, and rivers. The climate varies significantly throughout the state, with some portions being rainy and mild, and others being dry and arid. The state has a population of well over six and a half million residents and many people continue to seek Washington property.
Washington state real estate is attractive to many individuals who enjoy the desirable features of Washington State. The cost of real estate in Washington varies a great deal, depending upon the location that an individual is seeking property. For example, it can be very expensive to living in some of the major cities within Washington, including Seattle and Bellevue. However, Spokane is an affordable location to live. 
As an individual starts searching in more suburban and rural areas, housing costs will drop. There are many small towns throughout Washington that offer reasonable real estate prices. Some of these towns are located in close proximity to the beautiful beaches on Washington’s west coast. It is important to note that some counties within Washington, specifically King County, are known for having high property taxes.

Seattle Real Estate

Seattle Real Estate

Like with all cities, there are major advantages to living in Seattle. Seattle is the capital city of Washington and borders the southern portion of Canada. Seattle is one of the largest cities in the United States, housing over 617,000 residents. It is an important cultural, educational, and economic center. Seattle is an attractive city that is enjoyable to many, and therefore, many individuals seek Seattle property. 
Living in a major city can be advantageous, as it provides individuals with access to more employment opportunities, reduces commutes, and maintains a variety of attractions, events and activities. Within a city, such as Seattle, an individual will be able to locate a number of restaurants, bars, theaters, galleries, and museums that suit his/her taste and lifestyle. As a result, property located within major cities is generally expensive to purchase.
When compared to property sold in other major cities, such as New York City and Los Angeles, Seattle, Washington real estate is relatively affordable. However, the available Seattle property does cost more than the average cost of housing within the United States. Nevertheless, if an individual wishes to relocate to a major city, Seattle may be a more affordable option. The median cost of property in Seattle is slightly over $374,600, while the average asking price for real estate is about $567,870. 
As of September 2010, there were over 4,000 homes for sale in Seattle, providing potential home buyers with a variety of different options. An individual can find property within the city for under $300,000, though prices vary by location and the condition of the home, and in some instances, real estate can exceed one million dollars. Apartments and condos are popular in Seattle and an individual may wish to consider these options, as opposed to purchasing a home.

Bellevue Real Estate

Bellevue Real Estate

Bellevue is a large city that is located in close proximity to Seattle, Washington. It is situated on the opposite side of Lake Washington and has been considered to be a satellite city or suburb. However, the rapid growth of Bellevue has transformed it into a metropolitan city center. The city has a population of over 126,600 individuals and is experiencing rapid changes to accommodate the large population. 
Bellevue is one of the wealthiest locations in Washington. It is repeatedly ranked as one of the best locations to reside within the United States and has also been deemed one of the top locations to start a business. As a result of the city’s growing popularity, Bellevue real estate is becoming increasingly expensive.
Bellevue real estate varies significantly. In certain locations throughout the city, an individual may be able to locate an affordable home. There are some small, two bedroom homes available for under $300,000, however, this is rare in Bellevue. More likely, an individual will be required to pay over $500,000 for reasonable Bellevue real estate. 
The median cost of property in Bellevue is roughly $485,000, while the average asking price is about $777,900. However, it is important to note that housing costs in Bellevue vary greatly based upon location. If an individual is seeking property in Northwest Bellevue or West Bellevue, he/she should expect to pay over one million dollars for a home. There are apartments available to rent in the city. If an individual chooses to rent an apartment, he/she will likely pay around one thousand dollars each month to reside in the apartment.
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