EvoReal Talks
By Jessica Side
EvoReal TalksSep 20, 2021
100K Over Asking!
What’s going on in Spokane? Catch a show! Our upcoming recommendations: Paul McCartney, Wicked, and Shen Yun. Matt discusses three strategies to get more money out of your home even in a seller’s market.
1. Pricing & Preparation- it pays to be competitive in your pricing (overpricing can bite you in this market), you are still competing against your neighboring homes (even in a seller’s market) and want to stand out. Update fixtures, reduce clutter, paint where needed, and do a lot of cleaning. Promotion: make sure your Realtor® has a well-designed plan for online advertising, photo and video presentation of your home, and in-person marketing strategy such as an open house to aid with showing volume. Negotiation: make sure your agent is 100% ready and available to be active in reviewing offers and negotiating with buyer’s agents once you are listed.
2. Downside insurance: Will the house appraise? If not, consider your offers with an additional down payment or cash offers.
3. Active Participation in Evaluation: Actively engage the appraiser, create touchpoints with the appraiser, and include details over the offers that came in, reasons for list price, repairs that may not be factored in without a close eye, and any other requests they may have. Be a resource, personalize yourself and the house in question.
If you are considering listing your home always work with a real estate professional, we would love to help guide you call us or visit us online for more details 509-624-6873 | https://www.evoreal.net/sell.php
Racism in Zoning
It’s Black History month and the dynamic duo reflects on the uncomfortable history of Spokane’s zoning laws. As Spokane grows higher density housing and zoning changes add to NIMBY sentiment. Will we continue to feed into the problem or be a part of the solution?
Book Recommendations:
1. The Color of Law | Richard Rothstein
2. A Raisin in the Sun | Lorraine Hansberry
Sacrificial House Hacks
Multifamily investing, what’s the deal? Did you know you can still get a low-down payment loan on a 2-4 plex? Jessica breaks down the top three reasons to purchase a multi-unit property. #3. The one roof factor, for exterior maintenance you have economies of scale by only having to maintain one roof, that goes for painting and yard work as well. #2. Monthly mortgage money! If you live in one of the units you are supplementing your living expenses. #1 Purchase power plus hack, purchasing a multi-unit building allows you to use the monthly income of a rental unit as income. Matt breaks down the costs and benefits associated with getting into the investment market and how you could supplement your living and build equity.
Perry District Charmer
This week we feature the South Perry District of Spokane. We have a featured property: 1829 E 14th ave, an updated bungalow home priced in the lower 200’s! Jessica gives us some historical insights into the Perry District and how it became such a wonderful community. A few of our favorite restaurants and shops: Wisconsin Burger, South Perry Pizza, Casper Fry, The Lantern, Perry Street Brewing, Meeting House Café, The Grain Shed, The Shop, The Bike Hub, Wishing Tree Books, Title Nine, Liberty Park Florist and Roots Salon. You won’t want to miss the amazing Grant Park and the Thursday Farmers Market in the summer which is growing each year!
More info on South Perry here- https://www.visitspokane.com/about/districts/south-perry-district/
Check out the Thursday Market- https://www.thursdaymarket.org/
Spokane's Crystal Ball
Matt and Jess breakdowns the Spokane Market with insights from 2021 and they even have some predictions for this year’s real estate run.
Home sales continue to hold steady but inventory is shockingly low. Move up and move down buyers are having issues finding replacement homes compounding the issue. Spokane’s affordability gap grows as local housing prices increase only 15% of our workforce can actually afford the median-priced home.
Affordable options and legislation are on the way, it’s not all bad news for buyers. Middle housing incentives and infill projects are a big push for solutions to more affordable housing.
Learn more about Spokane's affordable housing plans here- https://my.spokanecity.org/projects/shaping-spokane-housing/
The Best Book Guest Book Vacation Rental Journey Part VIII
In our final short-term investment series episode: Jessica talks about creating a special guest book to give your property that extra oomph.
Commit some time and resources into making a quality leatherbound booklet. Visit Etsy.com, search for a guest book template, there you will find great digital templates for download that integrate with Canva.com for design. In the guest book: Start with an inviting photo for your cover page, include a TOC, emergency contacts, WiFi password, house rules, instructions for appliances (and tech), resort amenities, recommendations and special local finds, best modes of transportation (walking routes as well), check out instructions, ask for a review, include your contact information.
Matt discusses self-management. Make sure you fully understand your maintenance items and create a maintenance schedule. The Top Tech Tools: Get a Google voice number, use a calendar reservation manager (we use Guesty), automate your reminders with a system like Guesty (worth every penny), get a smart door lock that changes code, smart thermostat, motion sensor camera in supply cabinet and exterior.
Cleanliness is Godliness Vacation Rental Journey Part VII
We continue the discussion on the physical setup of a short-term rental with specific tips to enhance the experience. Here are a few bites out of this episode: Make cleaning supplies available for guest use (not just MGMT), consider robust and easy cleanup flooring in your unit such as luxury planked vinyl, warm things up with a nice area rug, invest in high-quality rollaway beds if you are providing them (don’t go cheap!), place cameras in storage areas and on the exterior to monitor your guest count and arrival time, invest in a smart thermostat, for shampoos consider a locking dispenser over small plastic bottles, install night lights in hallways, liven things up with nice looking faux plants, have three sets of bedding for each of your beds. Choose your art and design pieces, create design boards, collect your items and get everything together, plan and execute! Use a label maker and signs to help guide guests. Include special instructions for all appliances, WiFi code, tricky light switches, and any reminders.
Defined Experience Vacation Rental Journey Part VI
Jessica talks physical setup of a short-term rental including how you can optimize for better reviews and repeat stays. Become the area expert (parking, walking routes, things to do), create maps, and provide materials that will help your guests form a unique experience. Make things easy for your guests by enhancing your access to power outlets (USB hubs or smart lamps), internet access, TV, and technology. Consider labeling instructions on devices themselves as well as your provided guest books. Get feedback and find out what is most important for your guests and tailor your amenities to meet their needs. Join a Facebook group or community that you can bounce ideas off.
Next week we will talk about how to create a really detailed welcome book.
Setup & Design Vacation Rental Journey Part V
Research the community calendars for your draw area, many will have a visit XYZ area website, for instance ‘visitspokane.com’ as an example, set your rates and know your market. Policies: Set your rules and hold people accountable. Cancellations- Don’t be too strict you may turn people away from booking. Instant book- you can limit this down, we chose those that have reviews, ID, phone, and email. Rules: Think of the likely potential damages that could be done and be specific for instance; wet clothes on leather furniture, no pets, hot items on the table, etc…
Roll out the red carpet, Jessica starts the chat about the design and setup of your short-term rental. Determine your ownership style and start there. Ask yourself: What type of property do you have? How many people will stay there? Where will they eat? Where will they watch TV as a group? Measure your rooms so you can make sure to get appropriately sized furniture, be mindful of configuration and open space. Will the item need to be moved? Consider a lighter piece of furniture if so. Cube stools are perfect for adding modular seating and functionality. Will people cook at your place? Think of appliances that can be used in a dual scenario (Instapot instead of a rice cooker). Where will they sleep? Add quick capacity with a rollaway bed or a sofa bed (include instructions).
Catch us next week for more great tips on design choices!
The X Factor! Vacation Rental Journey Part IV
What is the liability of adding special and personal items to your short-term rental? Make sure your manager takes special note of items that may inadvertently get taken or damaged. Try not to be accusatory if something happens, chalk some of it to the cost of doing business, things will happen. Purchase extra items that may wear over time or break easily (dishes, towels, linens). Matt talks about the major platforms and some tips on how to optimize them. Airbnb- Lower fees than most, good protections, flexible scheduling, streamlined platform. VRBO/Find Home Away- Not as many protections, good visibility, well known, more expensive than others, different audience (Gen X or older). Consider using both and be as detailed in your setup, include all the amenities that you have, and check every box that applies! Re-visit the platforms every few weeks to make sure there are no new options or changes to optimize your listing. Get great photos, pay a photographer, it will be one of your best investments. Get some video and show off all the amenities available. Highlight showpieces of your property and focus on lifestyle, what is your ‘X factor’? Get photos of amenities, appliances, special features, details, details, details! Consider adding specifics of your unit title use keywords such as; pool, ground floor, king bed, 10 minutes to the ski resort, etc… Pricing: Know your market, price high for 1–2-night stays, discount for multiple nights stay. Drop pricing, change pricing, and experiment (track the info).
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Vacation Rental Journey Part III
Categorizing your short-term rental, what kind of an owner are you and what kind of a rental audience are you attracting? Make sure to properly match your home with unique characteristics to add visibility. For instance, is your property: remote, luxury, themed, an outdoor experience, farm, does it have water features or views? Create an experience with your property, make it stand out!
Jessica breaks down what you might want to include based on your target guests, put yourself in the guests’ shoes. Make sure you have the proper items available based on that "guest avatar".
We answer a question from the audience. What do you do with your property during the off-season? Can you capture an alternative activity crowd? Sledding, snowshoeing, hunting, skiing. Test a season for demand, experiment with pricing discounts, or consider winterizing your property to save expenses.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Vacation Rental Journey Part II
In part II of our series on short-term investment properties we discuss the costs to factor in before deciding on an investment property. Your first step is to talk with your lender to determine rates on a non-owner occupied property. Calculate your expenses, including the following: principal payment, insurance (include your furnishings), taxes, property management, improvement costs (+ furnishings), maintenance (1-2.5% income annually), utilities, internet/cable, cleaning fees, lawn care, pool/hot tub upkeep, snow removal, and booking service fees. Matt works up a hypothetical example and how the numbers pan out. Jessica talks to us about remodeling and furnishing your property including why you might want to tailor to your target guests.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Vacation Rental Journey Part I
Matt and Jessica discuss the steps and the journey of investing in a nightly rental property. What are your goals with your property? Discover the top markets, review the rental demand vs price of the property, Vacasa is a great start. Consider the location, how easy is it to manage? How hands-on (or off) do you want to be, and will you be enjoying the property as well? Create a pros and cons list of your chosen areas factor in seasonality, what is the draw of the area, is there an off-season? Discuss the metro markets that feed into your immediate area (day trippers), look at zoning and regulations, create a spreadsheet and review expected income each month (peak events/holidays/draw), reach out to other hosts and see what kind of information you can get on their experience including peaks and valleys in rental frequency. Calculate your expenditures include utilities, wear and tear, maintenance costs, etc…
Review top markets for vacation homes: https://www.vacasa.com/top-markets
Review past data rental data: https://www.airdna.co/
Theatrical Price Drops
When history visits your town take advantage of it, Best of Broadway returns to Spokane. We recommend the intimate experience at the Bing Crosby and Fox theaters downtown. Matt talks about the shifting real estate market, is it really cooling off? Inventory is triple that of May but still under a month of supply, multiple offers and a frenzy of showings are no longer the status quo, price drops are becoming increasingly common. Will the market continue this trajectory?
Check out the Best of Broadway schedule and get your tickets- https://www.broadwayspokane.com/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Das Nice VRBO
Matt talks a bit about rock mason homes and structures in and around Spokane, the duo discusses their newest venture, a vacation rental property in Leavenworth, WA. Here are the questions asked they asked before choosing a property: 1. What is the draw for visiting the area? 2. What are the hot seasons? (and shoulder seasons) 3. What metro markets are feeding the area? (how large) 4. What’s the purpose, is the income from renting critical? (will you use it) 5. What is the cost to rent ratio, how do amenities factor into rent rolls? We recommend building a pros and cons list and cross comparing different markets before making a decision on a vacation rental property. More tips tricks and stories to follow.
Rent our Airbnb vacation rental in Leavenworth- www.IcicleVillageRetreat.com
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Date Your City
The show kicks off with a featured listing at 113 W Glass Ave **now pending in the Garland District. If you haven’t yet, go check out the Garland District! Historic buildings to note- The Garland Theater, Mary Lou’s Milk Bottle, and the Masonic Temple now home to the North Hill Gastropub. Quiz time! Jessica grills Matt on the top 15 things to do when visiting Spokane. Does Trip Advisor stack up against a real local Spokanite? Yes and No, what didn’t make the list? Visiting the Pavilion at Riverfront Park, Davenport Historic Collection (especially during Christmas), Fergusons & Milk Bottle on Garland, Indian Painted Rocks/Spokane house, Arbor Crest Winery, and the Cliff Park overlook. Things to do in October, pick fruit and pumpkins at Green Bluff, tour trees in fall by swinging through Riverfront Park, Finch Arboretum, Audubon Park, and beyond. In the mood for winter sports? Check out the Banff film festival showing at the Bing Theater on October 1st.
Looking for some fall things to do check out https://www.visitspokane.com/things-to-do/seasonal/fall/
Check out Spokane events calendar- https://my.spokanecity.org/riverfrontspokane/calendar/
Barndominum, Shouse & Conthouse
The duo springs a leak, Restoration 1 bails them out. Jessica talks about Kirtland Cutter and his impact on architecture in Spokane, his designs are icons and a few notable buildings including; The Davenport Hotel, Patsy Clark Mansion, Glover Mansion, The Spokane Club, and even elements of the Monroe St Bridge. We discuss out-of-the-box home construction featuring Barndominiums, Shouses, and Conthouses (ok we made that up shipping container homes). Banks get creative financing alternative structures, a shout out to Dustin Masterson with Numerica Credit Union.
Helpful resources:
Kirtland Cutter homes & history- https://en.wikipedia.org/wiki/Kirtland_Cutter
Barndominum kits and ideas- https://www.worldwidesteelbuildings.com/steel-buildings/barndominiums/
Shipping container homes- https://archive.curbed.com/2020/4/10/21165288/shipping-container-house-build-cost
Is Spokane Overpriced?
Clickbait Alert! “Spokane among the most overvalued market in the nation”, does the article hold up? Based on the data we tend to disagree. COVID has unlocked migration mania, middle-market towns have experienced extreme growth, demand for housing continues strong, climate events are pushing people to make a move, housing supply issues continue across markets and workforce shortages remain, competing markets are also seeing increases in prices. Affordability drops for Spokane natives but compared to our neighboring markets not nearly at the same rate. Is it worth purchasing a home right now? It really depends on your situation give us a call at 509-62-HOUSE to learn more.
Helpful Links from this episode:
https://www.nytimes.com/2021/07/13/opinion/covid-housing-phoenix-austin.html
https://www.nahb.org/news-and-economics/housing-economics/indices/housing-opportunity-index
Spokane Italicized
Summer is ending, can you believe it? Jessica’s family comes to visit from Italy, the dynamic duo breaks down their favorite places to grab a bite with the fam. To name a few; Bennidito's on the South Hill, Madeline’s Cafe Downtown, Twigs, Ben and Jerry’s Ice Cream, Gander and Ryegrass, Trailbreaker Cidery, The Davenport and Iron Goat (That Banh Mi Pizza Though!). Spokane Market Update! Median sales price nears 400k, average sales price breaks 400k, supply has been consistently low driving demand however supply is starting to increase. Is the market leveling? Tips given the market changes; Sellers: We recommend pricing your home aggressively. Buyers: Get back on the search, be present and ready as we see more price drops. Jessica finishes off her design series on a bedroom remodel; add rugs to warm up a space, get a bed that is a reasonable size for your space (with nightstands), avoid clutter, reduce space with a wall-mounted TV. Avoid matching all of your furniture, consider curating your pieces of furniture, mix and match items you already have in your house.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Dine and Design
Living in Downtown Spokane? it’s a thing! The dynamic duo talks about the West end district of Spokane including our featured property: 1221 W Railroad Alley Ave, a modern rustic condo with owner-only garage parking, and a Euro-inspired courtyard. Matt talks about the lifestyle in the Downtown core. Did you know there are over 45 tasting rooms in the downtown core? Take a walk to nearby restaurants, concert venues, theatres, and historic hotels. Jessica is back discussing the important steps to redesigning a bedroom. Start with your paint, do you like light and airy or dark and dramatic? Don’t ignore your lighting (check out modern LED), fixtures (Impress with unique pieces), fans (stylish fans do exist!). When buying your fixtures and furniture consider purchasing multiple items, see what you like best and return the rest. Go outside the big box and find something unique for your art.
Check out our featured urban loft- https://evoreal3d.com/listings/1221-west-railroad-alley-spokane-wa-99201
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Designers in a Spokane Market
Matt and Jessica talk about the market and how buyers may have an opportunity in August to catch a deal, at the very least avoid multiple offers. Jessica gives us the rundown on designer styles and how you may want to incorporate a mix to meet your lifestyle.
Follow our pages for more fun real estate chats. @EvoReal on the socials
Designer Glam Fam
Things to check out in Spokane- Downtown Ice Age movie marathon, Wednesday at the Ice Age Floods playground. Arbor Crest concert series. What’s to love in Spokane? Water… water! 23 Lakes, 6 access points for putting into the Spokane river, check out the little Spokane River, put in at Saint George's School, and see the shuttle service put on by the Spokane Parks Department. Jessica chats about remodels: create a budget, measure twice (cut once), visualize your space (consider a rough sketch), pick a design style, create an inspiration board consider using Pinterest or Houzz to refine your top choices. More tips next week. Matt talks about buyer’s remorse, did we buy too much house? Post-pandemic buyer’s remorse; take a step back, get perspective, breathe and revisit your life goals. Are there opportunities now, could you transform an area of your home into a rentable space? Avoid buyer's remorse by writing down your non-negotiables and avoiding getting caught up in the moment (bidding wars). This episode finishes with a haunting tale of bathroom remodels so don’t miss the end!
Learn more about the river by visiting the Spokane Riverkeeper- https://www.spokaneriverkeeper.org/access for more info.
Saint George's School Shuttles- https://my.spokanecity.org/recreation/outdoor/river-shuttle/
To Each Their Loan
Special Episode! Matt brings in the expertise of finance guru Dustin Masterson with Numerica Credit Union. Buyer fatigue sets in and people are getting burnt out on multiple offer scenarios. Should I wait to buy or sell? What is the actual cost of waiting in this hot market? Increasing interest rates are on the horizon, the payment at this time on a low-interest loan is quite attractive, helping you gain equity and wealth. New construction timelines increase and build prices remain extraordinarily high (supply and labor shortages). Creative construction loans help save buyers money and headache. Credit unions offer more agile products and faster turn times on loan products with in-house underwriting. Numerica adds value with its family-friendly atmosphere, teamwork environment, and support after you have signed on the dotted line.
Talk with Dustin Masterson- https://www.numericacu.com/personal/loans/home/meet-the-team/dustin-masterson/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Are We in a Bubble?
Is there a housing bubble? How does our current market compare to the great recession? Be suspicious of those who say we are in a housing bubble or those who firmly say that we are not! “What goes up must come down”, this saying is not necessarily true. Housing stability factors: Millennials reach their peak buying potential and are exceeding the baby boomer generation in population, the federal government took on over 1 trillion in mortgage bonds allowing banks to loan more money, interest rates remain extremely low, stricter lending rules are in place to avoid another housing crash, people are saving more money than ever, equity gains outpace any kind of drop in the market. Why we might not be in a bubble: Demand for housing is extremely high, building costs and zoning laws have restricted new construction infill, remote workers have further exacerbated demand as they move from more expensive markets, supply chain issues increase costs to build.
We feature some of our most recent land listings one of them just outside of the Lake Spokane Campground and 20 acres up north in Fruitland, WA.
Check out our featured land listings by visiting our Facebook page- https://www.facebook.com/evorealspokane
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Shadle Starter Homes
Spokane’s in a drought, here are some tips on, “How NOT to start a forest fire”: Install a spark arrestor on recreation vehicles, carry a small fire extinguisher, watch your safety chains on vehicles, ditch the fireworks and educate your children, put out cigarettes completely. When camping ensure fires are allowed, if so, put the fire out with lots of water and wait until the smoke has subsided, stir the fire and check for hot spots. Featured home: 4103 N Belt St, a beautiful Shadle Rancher with a backyard oasis. What’s to love about the Shadle area? A fun community, great schools and parks, reasonably priced houses, unique construction, high walkability scores, central access to transportation, and wonderful local restaurants and businesses. Spokane market update: Inventory increases slightly, median list price hits 400K. Spokane Farmers Markets are in full force and have a fantastic selection of local produce, go check them out.
Our featured home: https://bit.ly/4103Belt
Check out this great resource for farmers markets and local events- https://www.visitspokane.com/events/
Bye Bye PMI
Matt and Jessica have ONE tip that will save you thousands of dollars, and it’s free! PMI what is it? How do you get out of it? Matt talks about getting a deal on seasonal properties. Tip! Look into purchasing in the off-season. Schweitzer rolls out new construction opportunities, reserve your lot ASAP. Market update; inventory increases (finally), prices continue to increase, buyers see strong competition facing competitive offers with little to no contingencies. Jessica talks about the new North Bank Park in Downtown Spokane with a raving review. We wrap up with a little chat about drought and wildfires, Spokane pleads for less water usage by watering every other day.
Check out Spokane's newest park- https://my.spokanecity.org/riverfrontspokane/redevelopment/five-major-elements/regional-playground/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Arboretum Gems
Should I be buying a house right now? Matt and Jessica discuss the market, making predictions, and ignoring some folks who are taking numbers out of context or are simply misinformed. Jessica offers us a shameless plug. Matt updates us with some history and stories surrounding the Finch Arboretum, if you haven’t been in a while you should go! Spokane Highlight: Check out the Museum of Arts and Culture featuring the life and work of John James Audubon.
More info on the Museum of Arts and Culture current exhibits- https://www.northwestmuseum.org/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Steampunk Patio Party
Jessica and Matt celebrate their 21st anniversary. Market Update! We run the numbers with some colorful commentary, buyers and agents are feeling the heat, the frustration is real. Persistence and consistency pay off for buyers, take a break, lower your expectations, consider putting in some sweat equity (avoid Pinterest Purgatory). Patio makeovers, what are your goals for the enjoyment of your outdoor space? Jessica goes over her budget patio remodel, find out how she transformed her backyard space in a week while Matt was away on a trip. What’s to love in Spokane? Events are coming back as vaccines roll out, Indians Baseball is hitting it off, Thursday Market and farmers markets are in full force, don’t miss the Pavilion light shows on the weekends. Our annual Summer BBQ is back this year mark your calendar for June 24th with details to follow.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Greenstone Rocks Part II of II
We are back talking with Greenstone about Spokane development, changes, challenges, communities, and more! What’s the deal with condos? The snout house gets the cutoff. Kendall Yards in distress, Greenstone picks up the project and creates a wonderful mixed-use area for all. The Kaiser project gets a name, “Mead Works” with a hefty vision and environmental challenges, NEWSFLASH! Condos are BACK and coming soon to Coeur De Alene.
Learn more about Greenstone homes by vising- Greenstonehomes.com
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Greenstone Rocks Part I of II
Over the next couple of weeks, we interview Sharla Jones with Greenstone homes. Greenstone focuses on the construction of communities around their homes taking a unique approach to homebuilding. Socioeconomic diversity is huge for them with programs to help transition renters into buyers. Additionally, their projects feature mid-sized homes over massive single-family dwellings. Greenstone communities are built with interaction among neighbors in mind. Many of their communities feature a mix of multi and single-family homes, sidewalks, trees, connectivity to trails, front porches, parks, and open spaces. Tune in next week for a breakdown of their upcoming projects including challenges and successes along their journey.
Learn more about Greenstone homes by vising- Greenstonehomes.com
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Momentum '87 Y'all!
Matt talks about loans including how they may influence your offer, and what is the deal with USDA loans? **Hint it’s not prime meat! You can purchase an investment property with a traditional loan so long as you occupy a unit (up to 4 units), income from tenants can be added to your income in purchasing the property. Renting back to a seller gives buyers an edge, getting creative has its share of risk. CDA and Spokane rank once again in the top 10 by Realtor.com as desirable destinations. Jessica digs in on “Momentum ‘87 and ‘97”, jumpstarting an economy through the collaboration of community leaders, the gathering focused on attracting diverse businesses and manufacturing jobs and was a catalyst for reshaping downtown Spokane. Momentum capital investments have had rippling effects on the desirability of our city.
Read the article here- https://www.spokanejournal.com/local-news/benefits-of-leadership-30-years-ago-evident-today
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Cannon Hill Lifestyle
The dynamic duo is back talking about Cannon Hill, the area they chose to move their family a few years back. Why? Lifestyle and walkability! The Cannon Hill addition features mature trees, grocery stores, walking trails, cafes, parks, including proximity to downtown and the I90. Spokane history is back and it's all about the bricks. Spokane becomes a boomtown for brick making but not without the fallout from decomposition and abandoned excavation sites. Matt finishes up with tips on getting crafty with owner-occupied real estate investing and mortgage myths debunked, is it wise to wait for a big down payment?
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
The Zag Maniac
Matt and Jessica are back for a special edition with special guest Ethan Side the "ROCK" of stats, talking all about Gonzaga Basketball and March Madness. Sports continue to evolve in Spokane centered around recent successes. Why all the hubbub about the Zags? Jessica reveals her mom’s exuberance aka, "The Zag Maniac" during the games, much of which including serious shouting at the television screen. We give a shout out to Mark Few for his achievements, Ethan talks about his unique approach to attracting talent and developing skills on the court. What keeps Mark in Spokane? Community, fishing, legacy. Rapid-fire trivia with Ethan answers some of the following; What is a Blue Blood? What does it mean to be fast to the basket? What is a triple, double? How long before the Zags become a dynasty? Matt wraps up with the data on real estate near Gonzaga revealing the extremely high demand, rapidly increasing prices, and conversion of single-family residences to rental properties.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Excited in My Own Town U-District Special Episode
Matt and Jessica interview special guest Lars Gilberts, CEO of the rapidly developing Spokane University District.
What is the U-District all about? This 770-acre area is centered around the Riverpoint Campus focusing on the connection of the community, professional development and innovation. Lars talks about the vision of sustainability in building and creating jobs in the process. We touch on the many organizations that are making this possible and the challenges being faced along the way. The Sprague Ave rebuild proves to be a crucial piece of the puzzle helping fulfill the University District vision. A vision of the future, where it’s fun to live, work and play in and around Downtown Spokane. But is Spokane out of touch with reality? Our value proposition has changed, we aren't cheap anymore, it’s all about the balance of value and quality. One of the lofty goals is changing the mindset from, “do I need a car?” to “when do I need a car?” reducing transportation costs.
Will we become victims of our own success? Rental rates increasing, cost of living rising, traffic, parking scarcity. How do we react intelligently to change? We answer these pressing questions and more in this one-hour special episode!
Learn more here- https://www.spokaneudistrict.org/
Creative Realtors Win
In this special edition of EvoReal Talks, Jessica interviews Stacey Sampson and Tony Byrne about a new modern homebuyer class. It’s a battle out there to get a house, arm yourself with the best tools! Are you prepared if your dream house comes on the market? Stacey talks about creatively crafting an offer and bringing yours to the top of the heap. Tony discusses offering over asking, the potential pros and cons, and when/if you will get that money back.
Watch the full 1-hour class replay- https://www.youtube.com/watch?v=-CWjgtnFnLM
Search for homes with Stacey - https://stacey.evoreal.net/
Get pre-approved with Tony Byrne- https://spokanemortgageguy.com/
Pho Spring
The dynamic duo talks about the top marketing tips for home sellers, always ask your Realtor, “what are you doing to market my home?” Hire out to get professional photos, skip the phone photos (yes even from a nice modern smartphone), have your agent do a video walkthrough, consider drone footage and 3D tours, more media is powerful. Promote the lifestyle, what is it like to live in this house? Your Realtors job is to be a negotiator and bring you the best offer, consider an experienced agent. Jessica takes a drive to Hayden and shares her visit to a bird museum… no not the animal. If you get a chance take a visit to the Bird Aviation Museum and Invention Center.
Visit the Bird Aviation Museum and Invention Center- http://www.birdaviationmuseum.com/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Frick'n Amazing POW!
Jessica starts off with some black history celebrations talking about the accomplishments of Eleanor Barrow Chase, the first woman of color appointed to the board of trustees for both EWU and Whitworth college. Matt brushes on Washington House Bill 1084, a climate initiative aimed at reducing carbon footprint by moving to high-efficiency electric hot water and HVAC. Spokane Market update! Active listings increase, fast inventory is the new term, not low inventory, more homes expected to appear in March/April. Jessica covers tips on filling out form 17 (required by all sellers) and how to best protect sellers; 1. Check a box on every line, feel free to use the box “I don’t know”, 2. If there is an asterisk, you must explain, 3. Add extra paper for longer responses if needed, 4. Disclose all that you know, do not hide anything, include the good, the bad, and the ugly. Snow hits Spokane and Matt talks about his favorite XC and DH skiing areas. Nordic: Mt Spokane trails are phenomenal, Schweitzer, 4th of July Pass, and Lookout Pass also have great Nordic options. Downhill: Mt Spokane, Lookout Pass, Silver Mountain, and Schweitzer Mountain. Get that POW!
Skiing resources;
Downhill Slopes: https://www.visitspokane.com/things-to-do/recreation/ski-snowboard/
Mt Spokane Nordic; https://www.spokanenordic.org/
Cold Weather Intel
Matt drops some cold weather tips; put a heat lamp under the oil pan or plug in your core heater, bundle up, breath through your nose, cover your eyes, Jessica covers some black history honoring Peter Barrow and his many achievements in the Deer Park/Spokane region, This week’s featured community: Deer Park, WA considered a bedroom community of Spokane, close to the city but maintains its rural feel, rich in history with native roots, a surprisingly nice selection of homes of them with over an area of land, an abundance of deer… and parks. Oh yes, even a fantastic golf course and private airport. Jessica does some compare and contrast with the numbers. What’s happening in Spokane? Phase 2 finally rolls out, vaccine supply increases, virtual valentines, and a virtual symphony the NW Bach Festival.
Learn more about the NW Bach Festival- https://nwbachfest.com/calendar
Search for homes and land around Deer Park, WA- http://bit.ly/DeerParkRealestate
Trails to Flying Goat
Featured Home; 3016 W Sanson Ave, 265k, 5BR/2BA, 35+ showings and contingent in 48 hours, Jessica talks Northwest Spokane, historic roots and native paths, Dwight Merkel, Joe Albi, and the VA Hospital. Why would you want to live there? 5 Mile Shopping, classic restaurants and pubs, nearby recreation, quick access to downtown, “follow the trails to the watering hole of the Flying Goat”. Spokane hits a new low… Inventory is now only an 8 day supply, Kaiser makes an agreement with Greenstone to purchase property and develop a Kendall Yards-eske community, there are a lot of hurdles due to contaminations and superfund cleanup efforts.
More info on the Greenstone and Kaiser project- https://www.spokesman.com/stories/2021/feb/04/kendall-yards-north-400-acre-kaiser-property-in-me
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
A Lot to Offer
Jessica skates the Skate Ribbon at Riverfront Park, Matt features our first listing in CDA Idaho, Kidd Island Bay buildable parcel (**update now pending sale) 15XX W Kidd Island Rd, Easy access, secondary lake frontage with deeded dock access, What’s the deal with Coeur d’Alene? The bedroom community features wonderful amenities, shopping, golf courses, and restaurants. Wolf Lodge has some of the best steaks in our region. Could you spot a celebrity? Jessica reveals her starstruck moment seeing Viggo Mortensen in Ritzville, WA. Jessica wraps up with a little history surrounding Spokane’s 1889 fire.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Plucky Pioneer Poets
Matt opens up to reveal that he has the inner soul of a poet, we feature a rural property with the city amenities: 34300 N Ptarmigan Ln-- 8 acres just outside of Davenport, WA, build-ready with endless recreation amenities, a well-spaced gated community. Did you know that Washington state is still a very agricultural heavy economy? In fact, we have some of the highest producing agricultural commodities in the nation! Matt gives a tribute to his former uncle Doug, a real-life cowboy from Odessa. Jessica brushes on Spokane's latest project choosing a new flag design for the city, go over to our Facebook page to weigh in your opinion.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Spokane is on Fire!
Idaho tops the charts as the number one inflow of movers, a majority of movers are from larger metros, shameless plug we are cross-licensed! This week’s featured home is a condo at 639 N Riverpoint Blvd, this large condo is located right on the Spokane River and the Centennial Trail. Community Highlight: Spokane University District- Expansion of this mixed-use development will increase housing opportunities with multiple apartment buildings, dog parks, common areas, and more! Spokane Market Recap: 15.4% increase in the median sold price year over year, active days on market reduced to six. Jessica drops a history bomb. January is a fantastic time to start prepping your home for sale, let’s have a chat if you are thinking of listing your home in 2021.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Christmas Hygge
This episode really brings the Christmas spirit with wonderful stories, memories, and helpful tips! The dynamic duo discusses Hygge (pronounced hue-guh) a Danish word that is all about comfort and calm, we asked our staff what is Hygge for them, Matt shares a real heartwarming Christmas story, Winter vibe ideas; Spokane holiday hunt, drive through Manitou Park, Riverfront tree walk, Pavilion light show, Wednesday winter market.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
West Central or Bust!
Breaking News! Spokane makes top 10 list of markets to be resilient in post covid 2021-22. Spokane is ranking as one of the most attractive destinations for west coast movers. West Central, what’s the deal? No, it’s not just Kendall Yards, the Centennial Trail runs along the bluffs offering expansive views, chock full of smaller unique homes, valued for its affordability and proximity to downtown. 2017 W Dean Ave on the market for three days, the one that got away! Matt grills Jessica on market knowledge with a little game, West Plains and the north side crushes the numbers. Spokane continues to provide innovative ideas during this pandemic, head downtown for a walk-through light show or up to Manitou Park for a drive-through show.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Pandemic Victory Gardens
New Listing and featured property! Valley living at it’s finest, 2026 N Arties Ln single level, modern build, and positioned near the Centennial Trail **Update now pending, Jessica breaks out the history with some interesting Greenacres facts including why the valley has so many water districts, acre after acre the valley becomes a booming apple orchard... Appleway Ave, ring a bell? Let’s all make a sacrifice, Pandemic Victory Gardens! We talk about supporting local and the efforts to make supporting local easier, consider frequenting your favorite spots and discover some new ones even if it costs a bit more, let's all make a concerted effort to #SupportLocalSpokane, if ordering delivery consider Tree House Deliveries instead of big-box delivery. Share your favorite places to support and why. What’s happening in Spokane? Trail of Lights in Riverfront Park, drive-through light show in Manito Park, skate ribbon downtown (with reservations), Spokane parks virtual recreation nights, and drive-through shows at the Campbell house/MAC, come home with a wreath crafting kit.
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Virtual Games & Turkeys
**Update, open houses are no longer allowed per WA guidelines. Jessica reflects on Thanksgiving traditions, including ways to get creative during the pandemic, virtual cooking with family, break out the board games, recommending; Quirckle, Ticket to Ride, Splendor, Azul, and the Unlock/Exit games which can be found at Uncles Games. Many in-person games can be modified for Zoom, check out Linkee and Colorbrain. Featured property! 34300 Ptarmigan Ln in Davenport, WA. Build ready land with acreage, lots of amenities and recreation near Lake Roosevelt, interest in secondary homes doubles. How’s the market? The real answer depends on who’s askin’. The market hits an all-time low housing supply, active median list price jumps to 350k, the speed at which housing is going off the market is affecting the numbers. Persistence pays off for buyers, you must be consistent in viewing homes and not give up. Sellers still have competition and pricing must still be realistic, preparation pays off, play to the strength of the market. Investor tips and is it worth waiting to sell or refinance?
Featured Property Link- https://www.evoreal.net/property/84-202022845-34300-Ptarmigan-Ln-N-Davenport-WA-99122
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Investment Unicorns
Credit repair, who’s the right one to talk to? We brush on the details of our upcoming first-time homebuyer class. Matt announces our branch out into Idaho. UPDATE: We can help you buy and sell in Idaho! COVID restrictions ease on open houses with added safety measures, small groups are allowed with masks and social distance rules (**Update, as of 11/16/20 open houses are not allowed in WA state), Jessica talks about FEAR of the unknown, the real-life challenges and victories working with your life partner in real estate investing, buy and hold strategies, tips for creative financing.
Join our confidence-inspiring first-time homebuyer class- https://howtobuyableepinghouse.eventbrite.com/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
The Hesitant Partner
Jessica talks about our upcoming first-time home buyer class where we will be diving into building confidence and asking the right questions. Misconceptions and myths around purchasing a home will be busted! Join us on November 17th at 7 PM, see our Facebook page for details. Spokane hits another record low month of inventory. The dynamic duo is back at it with a discussion around real estate investing. Life partner hesitation is put in the spotlight, how can couples get on the same page? Conversations arise from the book, "Rich Dad Poor Dad". Helpful hints for investor couples: Push the dreamer to get a mentor, find someone that has the experience, and the time-space to bounce ideas off. Write down goals and non-negotiables. Ask the right questions and communicate. Create a ‘team’, educate yourself, and become a market expert.
Join our confidence-inspiring first-time homebuyer class- https://howtobuyableepinghouse.eventbrite.com/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Spookane Zone
Cash buyers are looking for steals, sellers are urged to avoid 'quick cash for home' deals. You don’t need to prep your home perfectly to sell it. In Halloween fashion, Jessica rattles off some of Spokane best haunts which can be found in People’s Park (Indian burial ground), the Saranac building (Isabella ghost sightings), Gonzaga's Monaghan Mansion (hair raising frights), Browne’s Addition (built on a graveyard), and the Davenport Hotel. Matt talks zoning, did you know that in Spokane City up to six unrelated parties can legally reside in a house zoned single-family?
Link to Spokane City zoning maps- https://my.spokanecity.org/opendata/gis/
Link to Spokane County zoning maps- https://www.spokanecounty.org/3138/PDF-Maps
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com
Home During Inspection
In this special episode, Jessica catches up with George Anderson of Building Tech NW. "There's never bad news that comes out of a home inspection". Really?! George explains. With 14 years of inspecting experience and over 4,000 inspections, George teaches us a thing or two in this interview. We recommend working with an inspector that encourages buyers to be present during the home inspection process.
Learn more or book an appointment at https://buildingtechnw.com/
Follow us on the socials by searching the tag @EvoReal or visit us online at www.EvoReal.com