Curb Appeal: The Alberta Arts District


CONCORDIA/VERNON: THE ALBERTA ARTS DISTRICT

At the heart of the Alberta Arts District, there is access to some of Portland’s most exciting establishments. Concordia and Vernon, the two neighborhoods that make up the majority of the Alberta Arts District, are the perfect neighborhoods for the active urbanite. Concordia ranks 34th and Vernon 15th most walkable neighborhood in Portland and has an average Walk Score of 83. Residents can walk to more than 25 restaurants, bars, and coffee shops within five minutes.


THE MARKET

Currently, with 34 total properties on the market, Concordia/Vernon is Northeast Portland’s hottest neighborhood. This aligns with recent real estate trends, as the market continues to heat up during the transition into spring. The average prices for Concordia/Vernon have a median list price of $499,900 and 15 days on the market.


TOP DESTINATIONS

Dinner: Gabbiano’s

Brunch: Petite Provence, Tin Shed Garden Cafe

Coffee & Tea: Proud Mary Cafe, Bardo Tea

Nightlife: Bar Cala , Radio Room

Arts and Culture: Alberta Rose Theatre, Last Thursday

Parks: Alberta Park, Fernhill Park

Click to learn more about the Alberta Arts District businesses

 




COMPARABLE NEIGHBORHOODS (MEDIAN PRICE)

Sabin

Average Home: $740,000

King

Average Home: $630,000

Alameda

Average Home: $798,000

Irvington

Average Home: $897,500

Laurelhurst

Average Home: $799,500


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About Us: Over the course of their professional partnership, Aryne + Dulcinea have helped hundreds of clients prosper in their new lives. During this time, they have prided themselves in their top-notch selling abilities, with homes outperforming market standards, consistently exceeding list price while most of their listings sell in under 7 days. Whether you’re looking to buy or sell, Aryne & Dulcinea will work in collaboration to guide you in investing in your future and reaching your real estate goals.

How to Choose Your Buyer

No doubt it is exciting to receive multiple offers on your home, but when it comes time to actually accept an offer it’s not uncommon for sellers to feel torn or unclear as to which is the best offer for them (it can be different for every seller).

Home offers are hard to interpret so I wanted to offer some helpful tips for when you find yourself in a multiple offer situation (perhaps a Part I?):

—Offer language tells a lot 📝

A purchase offer clearly indicates a buyer’s intentions (along with the more obvious details like if they are qualified, ready to purchase and have a lender in place). In a pool of offers, a realtor with the right skills will identify those that are authentic and well considered.

—The buyer’s agents’ communication style 🗣️

When you sit down with your agent always ask about their take on the agent representing the other party. Communication style, what they say or don’t say, can say a lot about how the transaction can go. Keep your eye out for the agent that will ask well-constructed questions, will make sure to put forth a well-written offer, and educate the buyer about the terms discussed.

—Buyer’s past experience in the market 🏡

Have they been looking for a week or 3 months? Have they had issues with their past offers? Paying attention to details like past contracts, finances, and people involved in the purchase decision gives you a more robust understanding the offer and will help set expectations moving forward.

Did you find these tips helpful? Let me know if I should make a Part II.

Also! I share a lot more insights as a part of my monthly newsletter. I keep these correspondences very intentional and insightful. If you want to join my list, call or email me.

Unsure of what to do in a shifting market?

You’ve heard by now how fast interest rates are rising. From the thick of it, I can tell you that, yes, buyer traffic is slowing down because of it. If you’re a buyer, you may feel like the homes within your new budget are all of a sudden less “desirable”. But I must say, even though we still have extremely tight inventory, about a quarter of the homes I’m seeing on the market are going through a price reduction right now. Take heart! For the savvy buyer, there is still a lot to be gained.⁣

Remember that interest rates fluctuate, and what we experienced in the last two years was anything but normal. This sharp increase in rates may have you reeling, but overall this will contribute to more stability and predictability to the market we all could use.⁣

I empathize with you — no one likes a feeling of instability. If interest rates have you doubting your decisions, here are a few ways I can support you. I’m always open for a call, but if you’d like something a little more low-key, you can sign up for my newsletter where my lender partner and I keep you updated with everything you need to know about market movements in order to make an informed decision. Email me and I’ll add you to the list.

Just Listed: Concordia Contemporary

5423 NE 32nd Pl

Portland, OR 97211


This contemporary townhouse-style condo in Concordia is the perfect blend of style and function. Large picture windows provide ample natural light and the open layout is inviting to all.
The gourmet kitchen features an extra long quartz island, WOLF range and plenty of cabinet space. Have a seat along the island or in the nearby dining room. Relax in the large open living room complete with a gas fire place, built in shelving and a wall-size sliding door to the covered deck. An office or extra bedroom on the main level rounds out the main living space.
Upstairs you’ll find a master suite with a luxurious master bath featuring a beautifully tiled shower, vanity with double sinks and a soaking tub.  Two additional bedrooms with spacious closets and plush carpet are down the hall, along with a large bathroom and full laundry room.
Downstairs is a private living space accessible from the main home or through a private entrance. Complete with a full master suite, family room, kitchen and laundry hook up. With plenty of natural light and a sliding door to a covered patio and the backyard, this is the perfect space to earn extra income as a short term rental.
You can’t beat this location! Two blocks to New Seasons and close to all of the NE hot spots on Killingsworth and Alberta.

OFFERED AT $799,900

5 BEDROOM | 3.5 BATH | 2,698 SQFT
MLS# 19368163 
| TAXES: $8,885.09