Tacoma, Dec. 4, 2016 — Want to increase home values while living a better life? Give back. Per recent studies from Homes on the Sound, doing community based activities is a significant contributor to increasing home values.
“There’s even a warm and fuzzy feeling that comes with strengthening your community. We are going to make the Puget Sound the most desirable place to live on the West Coast, one community at a time. Right now, we are focused on Northeast Tacoma, and more specifically, the greater Browns Point & Dash Point areas; all while partnering with other realtors in neighboring communities.” David Berg, a managing real estate broker, said in a statement.
So, how does giving back increase home values? “It all simply goes back to supply and demand. When you focus on making the community more desirable, this creates a demand for people who want to move to NE Tacoma. When demand goes up, and supply goes down (or remains the same) prices will rise. Right now, with the help of a private Facebook group, called Friends of NE Tacoma/Browns Point, there is a Holiday Lights Competition, where the winners will receive over $1,000 in prizes for the best decorated home. This is creating a lot of buzz. We have our local Safe Streets meetings to keep the community safe. Recently, we have had a Turkey Giveaway, visits with Santa, and due to our recently lost (but not forgotten) Tacoma police officer, Jake Gutierrez, we held a candlelight vigil, at the local NE Tacoma police substation. Next, we have the Argosy Christmas Ship Festival coming, which visit the Browns Point Improvement Club and Dash Point Pier, each year”, said Berg.
In NE Tacoma, the median sold price by month has increased 29% since only one year earlier, in November 2015. Across the entire Northwest Multiple Listing Service (NWMLS), which encompasses most of Western Washington, the median sold price by month has only increased 10% since just a year earlier.
Northeast Tacoma: 98422
Entire NWMLS (Northwest Multiple Listing Service)