Selling a Floating Home - Special Agents Realty Life Is Better When You Own It™ Mon, 27 Jun 2022 06:47:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://idx.specialagentsrealty.com/wp-content/uploads/2020/12/cropped-faci-site-32x32.jpg Selling a Floating Home - Special Agents Realty 32 32 Top 5 Ways to Enjoy Lake Union Living https://idx.specialagentsrealty.com/top-5-ways-enjoy-lake-union-living/ https://idx.specialagentsrealty.com/top-5-ways-enjoy-lake-union-living/#respond Wed, 13 Dec 2017 02:05:55 +0000 https://idx.specialagentsrealty.com/?p=7773 Here’s our list of the top 5 ways to live on the water in Lake Union, Seattle. We’ve been living on Lake Union for the last 12 years in a 72 foot Paddlewheeler named The KevLin. For over 15 years, we have been helping people buy and sell property of all types, on land or […]

The post Top 5 Ways to Enjoy Lake Union Living appeared first on Special Agents Realty.

]]>
Here’s our list of the top 5 ways to live on the water in Lake Union, Seattle.

We’ve been living on Lake Union for the last 12 years in a 72 foot Paddlewheeler named The KevLin. For over 15 years, we have been helping people buy and sell property of all types, on land or on the water. Our companies, Special Agents Realty and Special Agents Houseboats provide unique information and outstanding service for those looking for that special property.

For a video overview (pun intended) of Lake Union Living,
CLICK HERE!

  1. Waterfront Property: This is what many people think of when they think of living on the water. While it is technically not “on the water” it is adjacent to the water or “waterfront.” Surprisingly, there are very few waterfront homes on Lake Union with the exception of some condominiums located on the east side of the lake. There are also some waterfront homes in Portage Bay, an appendage of Lake Union, and along parts of the Ship Canal which connects Lake Union with Puget Sound. Currently, there are no properties of this type on the market on Lake Union, the Ship Canal or Portage Bay.
  2. Floating Homes: Think Sleepless in Seattle, or if you’ve never seen the movie, think of a normal house, floating on a platform, attached to a dock. Many people think these are “houseboats” but they are not. These are floating homes, permanently attached to a dock, designed to be moved into place once and (almost) never moved again. Floating homes are typically found in condominium or cooperative associations and are subject to properyty taxes (sometimes paid in the homeowner dues). Floating homes are hard-connected to utilities like electricity, water, and sewer. Currently, there are 2 Floating Homes on the market, priced at $1.9 millon and $2.75 million.
  3. Houseboats – Floating On-Water Residences: Houseboats have existed in Seattle for more than a century and are an Iconic part of the Seattle water living scene. Houseboats differ from Floating Homes in that they are typically located in recreational marinas and have quick-disconnect utilities. They are NOT required to have engines nor are they required to cruise the waters, but they can be easily moved from one marina to another (typically by towing). Houseboat buyers pay sales tax at closing and pay annual vessel registration fees, but they are not subject to property tax, nor do sellers pay excise tax. Houseboats were slated for elimination from the City of Seattle, however, Lake Union Liveaboard Association was able to get State legislation passed that protected houseboats in the State of Washington. The new term “Floating On-Water Residence” is used in the state law that protects Houseboats.
  4. House Barges: House Barges are a definition created in 1990 by the City of Seattle when the first Shoreline Master Program was implemented. During this time, the City of Seattle was attempting to eliminate Houseboats and created a grandfather definition “House Barge” that allowed existing houseboats to convert to a House Barge and meet other regulations. There were approximately 77 houseboats in the City of Seattle at that time and approximately 34 eventually accepted the House Barge requirements. The remaining houseboats, put engines and navigation lights on their vessels and became navigable vessels to avoid the House Barge requirements.
  5. Recreational Vessels: This is probably the most common way that people live on the water and it typically the least expensive, however, it is not for everyone. The types of recreational vessels being used as liveaboards spans the gamut. Sailboats, tugboats, trawlers, yachts and more can be found as liveaboards in Lake Union, Portage Bay and on the Ship Canal. The sacrifices made to live on the water in recreational vessels may include less space, narrow hallways, tiny kitchens, minimal storage, and more motion. But ask someone who lives on a recreational boat and more often than not, they will tell you they love it. These are the pioneers of “Tiny Homes.”

Need help finding your “Special” property?

We would love to help. Please feel free to give us a call or email us with any questions. We can set up an automated search tailored to your specific needs which will update you instantly when new properties matching your criteria come on the market. We can also provide you with a valuation of your property and guide you on how to prepare to sell your property.

On land or on the water…

Life is Better When You Own It ™

Linda Bagley – Designated Broker
Linda@SpecialAgents.net(206) 419-0065
Kevin Bagley – Managing Broker
linda@specialagentsrealty.com(206) 915-3766

The post Top 5 Ways to Enjoy Lake Union Living appeared first on Special Agents Realty.

]]>
https://idx.specialagentsrealty.com/top-5-ways-enjoy-lake-union-living/feed/ 0 7773
Houseboats Back on the MLS! https://idx.specialagentsrealty.com/houseboats-mls/ https://idx.specialagentsrealty.com/houseboats-mls/#respond Thu, 16 Jul 2015 01:27:49 +0000 http://specialagentsr.wpengine.com/?p=2879 Houseboats Back on the MLS! We are VERY excited and proud to announce that Houseboats will be back on the Northwest Multiple Listing Service (NWMLS) as of July 24th, 2015. It is hard to believe that just over a year ago, we, Kevin & Linda Bagley began this endeavor on June 4th, 2014 by meeting […]

The post Houseboats Back on the MLS! appeared first on Special Agents Realty.

]]>
Houseboats Back on the MLS!

We are VERY excited and proud to announce that Houseboats will be back on the Northwest Multiple Listing Service (NWMLS) as of July 24th, 2015. It is hard to believe that just over a year ago, we, Kevin & Linda Bagley began this endeavor on June 4th, 2014 by meeting with Jerry McDonald, Administrator of Real Estate Programs for Washington State, and Lewis Denny, Manager of Dealer Services for Washington State. The goal was to get Houseboats back on the Multiple Listing Service.

HISTORY:

For decades, Houseboats were listed and sold on the Multiple Listing Service by licensed Real Estate Brokers. In 2013, it was brought to the attention of the Multiple Listing Service that houseboats, although primarily designed as a residence, are technically vessels and in order to broker a vessel transaction, you must be licensed as a Washington State Vessel dealer.

This meant that representation for houseboats was typically limited to Vessel Dealers (aka Yacht dealers), and marketing confined to the listing broker’s websites, Craigslist ads, and flyers. At Special Agents Houseboats, we worked hard to promote houseboats and protect their values through unique and exceptional marketing efforts. We knew, however, that to assure the best representation and overall marketing, getting houseboats back on the MLS was imperative.

With the help of some great people, we were able to get House Bill 1309 crafted, submitted and passed unanimously through both houses.

We would like to extend our special thanks to:

  • Jerry McDonald, Administrator of Real Estate Programs, who helped craft the wording for House Bill 1309 and who helped with guidance and direction throughout the process.
  • Lewis Dennie, who assisted from the Vessel Dealer side and provided excellent suggestions for success.
  • Bob Mitchell, Director of Executive Projects at Washington REALTORS who shepherded House Bill 1309 through the House and Senate and represented our position with skill and expertise.
  • The Real Estate Commission for creating the task force and providing a platform for launching this effort.
  • Brandon Vick, Washington State Representative, 18th District who sponsored and championed House Bill 1309
  • Bill Clarke, Washington Realtors Policy Director
  • Nathan Gorton, Washington Realtors Government Affairs Director
  • Sam DeBord, Managing Broker Seattle Homes Group
  • Justin Haag, Attorney for NWMLS who correctly integrated the new law into NWMLS policy.

 

The NWMLS Announcement:

Floating Home Notice

 

You are receiving this e-mail because you have either recently listed or sold a floating home or have brokers in your firm that you supervise that have recently listed or sold a floating home.

As you probably know, effective July 24th, RCW 18.85 will be revised to allow real estate brokers to list and sell a “floating on-water residence, as defined in RCW 90.58.270.”  In addition, RCW 88.02 will be revised to allow real estate brokers to list and sell floating on-water residences without being licensed as a vessel dealer.

RCW 90.58.270(6)(d) defines a floating on-water residence as “any floating structure other than a floating home, as defined under subsection (5) of this section, that: (i) Is designed or used primarily as a residence on the water and has detachable utilities; and (ii) whose owner or primary occupant has held an ownership interest in space in a marina, or has held a lease or sublease to use space in a marina, since a date prior to July 1, 2014.”

On July 24th, NWMLS will revise Style Code 24 from “Floating Home” to “Floating Home/On-Water RES.” The revision will automatically update the style code on floating home listings and doesn’t require any action from the listing broker.

Like with other listings, NWMLS will rely upon the listing firm to determine if a certain property is eligible to be listed.  We will address questions/complaints with listings on a case-by-case basis.

The City of Seattle has a verification process for floating on-water residences.  You can note in the listing that property has been verified by the City as a floating on-water residence or upload the verification as an attached document to the listing.  You may want to do this so that other brokers know that the property has been verified by the City, however, the verification is not required by NWMLS.

Please contact the NWMLS Listing Input Department with any questions.

Thank you,
Northwest Multiple Listing Service

 

Summary

As specialists in Floating On-Water Residences and Floating Homes, founders of Lake Union Liveaboard Association, and key players in the protection of Houseboats in Washington State, we are a great choice for your next purchase or sale of a houseboat, house barge, or floating home. These properties are much more complex than standard residential properties and having the best agents who have specialized in these unique properties for over 9 years is in your best interest. Go to www.SpecialAgentsHouseboats.com to see more and schedule an appointment.

Looking for land based property?

We do that too! Visit www.SpecialAgentsRealty.com

Here are some examples of the types of exciting properties you can expect to see coming on the NWMLS…

 

The post Houseboats Back on the MLS! appeared first on Special Agents Realty.

]]>
https://idx.specialagentsrealty.com/houseboats-mls/feed/ 0 4208