Located in the Capitol hill neighborhood in Seattle, these condo-style homes are slated to be built and you could be one of the first new homeowners! Situated in a dense and vibrant neighborhood, the condos are conveniently located near various parks including Cal Anderson Park, Broadway Hill park, and Volunteer Park. Within walking distance, there are a variety of shops, restaurants and grocery stores to choose from. These homes also have great access to public transportation including light rail and bus. There are numerous public, charter and private school options nearby.
- 13 condominiums
- 6 1 Bed/1 bath – 487 sq. ft.
- 5 2 Bed/1 bath – 700 sq. ft.
- 2 3 bed/1 bath – 949 sq. ft.
- 13 applicants
- Less than 80% AMI
- Willing to partner & complete sweat equity
- Residing/Employed in King County 1+ year
Financial Information: Required Buyer Contribution
Your monthly mortgage payments will be based on the your income.
To purchase a home in Capitol Hill, your income must be high enough to afford a mortgage which ranges between:
- $150,000 – $195,000 for a 1 bedroom
- $250,000 – $275,000 for a 2 bedroom
- $300,000 – $325,000 for a 3 bedroom
Your lender will help you determine how much you can afford to pay.
In an area with an average home price over $815,000 and rising, the sales price on these homes will range from $400,000 to $600,000. As with the more than 390 new, low-income homeowners Habitat has served in King County, these new residents will receive financing with help from Habitat to ensure their housing costs are affordable. The property will be placed in a land trust providing permanent affordability for future generations and ensure that low-income individuals and families continue to have a place to build lives in Seattle.
Applications will be available summer of 2021