For homeowners looking to upgrade, the Inland Northwest may offer the perfect combination of urban convenience and peaceful, small-town living.
The area boasts a strong economy and a steady growth rate, according to the Spokane Journal. But it’s also home to wide, open spaces; awe-inspiring mountains; and picturesque rivers. If you and your family are nature lovers who enjoy having a bit of elbow room between you and your neighbors, the Inland Northwest will probably feel like heaven on earth.
Of course, it can be challenging to find the right home in this sought-after slice of the Pacific Northwest. Home prices are rising steadily, and many cities have become a seller’s market. For example, in Spokane, the median home-sales price rose 8.7 percent in 2016.
Luckily, building a custom home can help you ensure you get exactly what you want. Partnering with a custom builder gives you the chance to customize your new home on a piece of land that you purchase or that you already own. And the good news is that the Spokane–Coeur d’Alene corridor has many affordable properties available. The key is finding the plot of land that’s right for you.
There is plenty of land for sale in this area, but it seems to be moving quickly. The hottest price point for a property is around $50,000 to $70,000, although many are selling for up to $100,000.
Some of the hot spots in the region are:
Online property searches, like the tool available on Zillow.com, can be a helpful place to start. They give you a good idea of how many properties are available in a given area, as well as the typical price.
However, there’s really no substitute for actually hitting the ground in your desired area. Take a weekend drive with the family to check out the city or town you’re considering building in. Note what suburbs or rural areas you like, and you can home in on those online later.
While you’re exploring, keep an eye out for lots that are for sale by the owner. The vast majority of these won’t show up on sites like Zillow. And if the owner is a motivated seller, you may be able to get exactly what you’re looking for at a great price.
Although there’s a variety of land available for sale in the Inland Northwest this summer, remember that this is a fast-growing market. Whether you’re searching in Spokane or Coeur d’Alene or somewhere in between, it can be extremely helpful to work with knowledgeable homeownership counselors who are local to the region.
As you start to search for the perfect property, take the opportunity to get in touch with Adair Homes to discuss your options. Our local Inland Northwest homeownership counselors can help you find land that will accommodate your wish list, including the type and size of custom home you envision, your budget, and your lifestyle. We can also recommend trusted realtor partners who can assist you in finding the perfect piece of land for building your dream home.