Comments on: Escala Update http://seattlecondosandlofts.com/2006/07/escala-update Thu, 17 May 2012 21:49:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Ben_Kakimoto http://seattlecondosandlofts.com/2006/07/escala-update/comment-page-1#comment-95 Ben_Kakimoto Sat, 29 Jul 2006 05:22:04 +0000 http://seattlecondosandlofts.com/2006/07/escala-update#comment-95 Rock - prior to the preview event Escala had released about 23% of the units and units went quickly with many 2nd & 3rd position reservations. Those 2nd & 3rd position holders were given priority reservations on the second release which brings the total released units to about 50% of the total. As far as price ranges...the 3rd floor is the lowest residential level with 1 bds starting at $500K and 2 bds starting around $880k. Of course, the higher up, the higher the price range. Upper floor 2 & 3 bds units are all over $1.5 mil. As far as appreciation, those who reserved during the first release have now seen about a 10% increase in value. For example, during the first release, a 4th floor 1 bd unit ranged from $440 to $489K. During the 2nd release, the same unit on the third floor ranges from $485 - $539K. Given the uniqueness of this project I suspect it will continue to see a healthy valuation. However, other projects are planned and will be built and they may impact the overall market. Rock – prior to the preview event Escala had released about 23% of the units and units went quickly with many 2nd & 3rd position reservations. Those 2nd & 3rd position holders were given priority reservations on the second release which brings the total released units to about 50% of the total.

As far as price ranges…the 3rd floor is the lowest residential level with 1 bds starting at $500K and 2 bds starting around $880k. Of course, the higher up, the higher the price range. Upper floor 2 & 3 bds units are all over $1.5 mil.

As far as appreciation, those who reserved during the first release have now seen about a 10% increase in value. For example, during the first release, a 4th floor 1 bd unit ranged from $440 to $489K. During the 2nd release, the same unit on the third floor ranges from $485 – $539K.

Given the uniqueness of this project I suspect it will continue to see a healthy valuation. However, other projects are planned and will be built and they may impact the overall market.

]]> By: rock http://seattlecondosandlofts.com/2006/07/escala-update/comment-page-1#comment-94 rock Sat, 29 Jul 2006 02:29:47 +0000 http://seattlecondosandlofts.com/2006/07/escala-update#comment-94 Any idea how did the units go in ESCALA preview? Any one went there? and what is the price range? how you guys feel about te future appricaition for a one bed ..paying $500K is expensive Any idea how did the units go in ESCALA preview?

Any one went there? and what is the price range?

how you guys feel about te future appricaition for a one bed ..paying $500K is expensive

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