1. Real Estate Values Will Explode
If you thought Seattle was already expensive, think about how much values will increase for properties that are in close proximity to Light Rail stations. In fact, investors from all over the country are forecasting that the Seattle market will take off and are rolling the dice! Investors are paying what would seem like a premium for Light Rail properties and will hold them as the prediction is that values will explode. They are not wrong.
2. Accessibility & Stations
The best part about the Light Rail project is accessibility and time. This truly is a game changer for the Puget Sound region. Think about Shoreline for example, where driving on I-5 South to get to downtown Seattle takes roughly 40-45 minutes during morning rush hour traffic, and where I-5 in both directions can be a parking lot at times. If you take the Light Rail instead of driving, it will take you approximately 20-minutes, which is half of the time! Also, Sound Transit has been intentional on where these stations will be located, and there is sightseeing at every stop!
3. Empty Nesters Downsize
There is an emerging condo market that is booming in Seattle, and much of the building is surrounding the Light Rail. Empty nesters are looking to sell off their now oversized homes in the suburbs for a small slice of heaven. What do these folks want? They're looking at "what's next?" possibly with a view, but definitely full of convenience, accessibility, and walkability.
Here is a link for the schedule and a map: Light Rail
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