Homes of the Week – What $650,000 Buys in the Portland Metro Real Estate Market

Home inspectorWhat Will $650,000 Buy in the Portland Metro Real Estate Market?

For Buyers currently looking to buy a home in the Portland Metro real estate market, there are a few things to consider:

  • The First Time Buyer Market, and
  • What Move-Up Buyers Want

The First Time Buyer Market

In the Portland Metro real estate market the general rule of thumb is the first time buyer real estate market is in the price range of homes for sale of: $0-$250,000.  Any property priced around $250,000 and BELOW will be where the vast majority of first time home buyers will be starting their search.  Above that, to a degree, the market thins out with first time buyers and will being to see the MOVE UP BUYER MARKET!

 Related Link:  Homes of the Week What $650,000 Buys Around the Nation

 

The Move-up Buyer

A Move-up Buyer is already a home owner.  They may have bought years ago and either want to sell their current home and move-up for the following reasons:

  • Want a larger home
  • Want to buy a home that is in a better location
  • Want to use the proceeds of their equity sell to pay down on a higher priced home

The Move-up Buyer may, very well, be looking at homes that are in the %650,000 price range.  They may own their home outright, or can pull cash out.

With current interest rate hovering at 3.5% a $650,000 home purchase with $200,000 down payment will have a monthly payment of approximately

What $650,000 Buys in the Portland Metro Real Estate Market

Homes of the Week for Sale at $650,000 in Portland
 

See all Real estate in the city of Portland.
(all data current as of 10/30/2014)

  1. 4 beds, 2 full, 1 part baths
    Home size: 3,244 sq ft
    Year built: 1913
    Parking spots: 1
    Walk Score®: 65
    Broker reciprocity icon
  2. 4 beds, 3 full baths
    Home size: 3,550 sq ft
    Year built: 2014
    Parking spots: 2
    Walk Score®: 51
    Broker reciprocity icon
  3. 4 beds, 3 full baths
    Home size: 1,970 sq ft
    Lot size: 9,583 sqft
    Year built: 1946
    Parking spots: 2
    Walk Score®: 70
    Broker reciprocity icon
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,909 sq ft
    Lot size: 4,791 sqft
    Year built: 1929
    Parking spots: 2
    Walk Score®: 72
    Broker reciprocity icon
  5. 3 beds, 3 full baths
    Home size: 3,384 sq ft
    Lot size: 28,314 sqft
    Year built: 1954
    Parking spots: 2
    Walk Score®: 20
    Broker reciprocity icon
  6. 3 beds, 2 full, 1 part baths
    Home size: 2,621 sq ft
    Lot size: 6,534 sqft
    Year built: 1951
    Parking spots: 2
    Walk Score®: 55
    Broker reciprocity icon
  7. 3 beds, 2 full, 1 part baths
    Home size: 2,842 sq ft
    Lot size: 3,484 sqft
    Year built: 2010
    Parking spots: 2
    Walk Score®: 54
    Broker reciprocity icon
  8. 3 beds, 3 full baths
    Home size: 2,880 sq ft
    Lot size: 10,454 sqft
    Year built: 1997
    Parking spots: 3
    Walk Score®: 17
    Broker reciprocity icon
  9. 4 beds, 3 full, 1 part baths
    Home size: 2,728 sq ft
    Lot size: 2,613 sqft
    Year built: 2014
    Parking spots: 1
    Walk Score®: 88
    Broker reciprocity icon
  10. 3 beds, 2 full, 1 part baths
    Home size: 3,431 sq ft
    Lot size: 8,712 sqft
    Year built: 2003
    Parking spots: 3
    Walk Score®: 17
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

What $650,000 Buys in the Portland Metro Real Estate Market

Homes of the Week for Sale at $650,000 in Beaverton
 

See all Real estate in the city of Beaverton.
(all data current as of 10/30/2014)

  1. 5 beds, 3 full, 1 part baths
    Home size: 3,897 sq ft
    Lot size: 12,196 sqft
    Year built: 1997
    Parking spots: 3
    Walk Score®: 14
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 3,017 sq ft
    Lot size: 6,534 sqft
    Year built: 2014
    Parking spots: 2
    Walk Score®: 18
    Broker reciprocity icon
  3. 5 beds, 3 full, 1 part baths
    Home size: 4,886 sq ft
    Lot size: 10,018 sqft
    Year built: 1993
    Parking spots: 3
    Walk Score®: 20
    Broker reciprocity icon
  4. 4 beds, 5 full, 1 part baths
    Home size: 4,556 sq ft
    Lot size: 14,810 sqft
    Year built: 1997
    Parking spots: 3
    Walk Score®: 23
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
Homes of the Week for Sale at $650,000 in Lake Oswego
 

See all Real estate in the city of Lake Oswego.
(all data current as of 10/30/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,680 sq ft
    Lot size: 5,227 sqft
    Year built: 1938
    Parking spots: 1
    Walk Score®: 57
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Buyers Agent Portland – Buyer Focused ~~ Buyer Results

Buyers Agent Portland, LLC is an Exclusive Buyer Agency serving the Portland Metro real estate market since 1999.  The brokerage only represents Home Buyers and never home sellers. If you’re looking for a home anywhere in the Portland Metro area, there is no better representation than an Exclusive Buyers Agent.  We assist investors, folks relocating to Portland area, those moving to Portland in-state, home buyers who are looking to down-size or move-up and of course . . . love working with first-time buyers.  I help Buyers in the Portland Metro market find exactly what they need in the Tri-County markets of Clackamas County, Multnomah County and Washington County, as well Portland cities including but not limited to:

When you’re ready, talk to an Exclusive Buyers Agent.

Exclusive Buyers Agents do not work at real estate brokerages that take listings!

An EBA’s fiduciary duty is: 100% BUYER REPRESENTATION . . . 100% of the Time.

Carla Muss-Jacobs, ABR, CEBA, e-PRO, Realtor
Principal Broker/Owner

Buyers Agent Portland LLC

Office: 503.524.2560
Direct: 503.810.7192

Buyers Agent Portland ~~ 100% BUYER REPRESENTATION . . . 100% of the Time

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