Waterfront LID Impact on Seattle Condos
Was reading the paper version of the PSBJ on Friday when this article caught my eye, Waterfront improvement district a fair way to fund necessary upgrades:
The median assessment for condo owners is $2,400. They have the ability to pay over time — 20 years with a modest interest rate — which brings this assessment down to about $10/month.
Which coincided with a client wondering if the condo they were offering on was in the assessment catch area.
If you’re wondering if you live in the area or are looking at a condo downtown, you can check an address using the LID property search tool.
$10 a month seems like a modest price to pay for the great improvements coming.
