ResalesBirch Bay, Washington Realtors Report Rising Home Values
Local Realtors in Birch Bay, Washington report renewed interest in summer homes by American and Canadian homebuyers, resulting in rising home values for homeowners.
"Nestled right next to the Canadian border and the Puget Sound, Birch Bay has relatively low housing costs overall," says Realtor Jeff Jordan. "The Semiahmoo area is the exception with its world-class resort and million dollar homes."
Jordan suggests, "Birch Bay is the most exciting community in Whatcom county at present. The excitement is over the changes it"s experiencing. Always known as a great summer retreat for the "summer home" crowd, it is now becoming one of the best investments also. Homes here have been experiencing a 12-15 percent increase in value annually for the past two-plus years. If you"d like to have a pleasant experience with your investment in real estate, Birch Bay has to be considered."
Explains Realtor Mike Kent, "Even the Canadian buyer is now back competing for choice waterfront or waterview properties in and around the Bay. A healthy mix of seasonal and more permanent residences are adding to the prosperity here."
Kent advises, "Birch Bay is suddenly the area of focus for Whatcom County when it comes to affordable housing opportunities with a number of developers gearing up to build homes in the $175,000-$250,000 range. The quick 28 minute commute to Bellingham spells opportunity for both first-time home buyers or retirees who want to live on or near the beach and enjoy small community "quality of life". Investors also are eyeing Birch Bay as the next equity building opportunity with condo and time-share projects in the works."
Birch Bay Village
"Birch Bay Village is Whatcom County"s premier gated community," says Kent. "If a home or building lot is priced right, it could be gone by the next change in the tide. With only a couple hundred lots left in this 1129 lot development, supply and demand is kicking in gear. View and waterfront lots in particular are in high demand as few choices remain. Birch Bay Village has been the darling of the area real estate market for the past 18 months and all signs are the enthusiasm and demand for this unique gated, marina and golf community will only continue."
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