Lacey is a city located in Thurston County in the suburbs of Olympia while Kirkland is a city located in King County, it is a located east of Seattle.
While both cities are located in Washington, the average cost of a home in Lacey is $304,000 while the average cost of a home in Kirkland is $721,400 indicating a difference of more than 130%.
If you want to sell your home in Washington, you need to be familiar with the features that characterize the house market in each of those cities.
Top 5 Differences Between Homes in Lacey, WA and Kirkland, WA
- House Market
If you want to sell your home in Lacey, you should be aware about the dynamics about the house market in Lacey and sell accordingly.
If you want to sell your house in Kirkland, you should work to understand how the house market is in Kirkland.
Kirkland houses are averagely 137% more expensive than Lacey houses.
In Kirkland, the most common price range of houses ranges between $500,000-$750,000 while in Lacey, the most common price range of houses is between $200,000-$300,000.
- Property Ages
For houses in Kirkland, the median age of houses is 37 years while in Lacey, the median age of the houses is 23 years.
In other words, Lacey houses are newer than Kirkland houses.
In property sales, the age of the sales is a determinant in the valuation of the property as relatively new communities will not as have as expensive homes as older communities hence one of the contributory factors to Kirkland houses being more expensive than Lacey houses.
- Property Taxes
When you sell your home in Kirkland, it attracts a property tax of $8.3 for every $1000 of property value while in Lacey, it attracts a property tax of $10.5 for every $1000 of property value.
Despite the disparity, properties in Kirkland have a higher valuation and will attract higher property taxes.
If you want to sell your house, put into consideration the property taxes that will be paid when you put a price on the property.
- City Laws
When you want to sell your home in Washington, there are general laws that apply across all the cities. However, when you want to sell your home in Lacey, there are particular laws that apply particular to house sale in that city.
If you want to sell your house in Kirkland, there are certain laws that apply to that particular city.
You have to get in touch with an agent who is familiar with city laws in each of these cities.
- Utility Bills
According to the Best Places, people spend 6.3% more on utilities in Lacey than in Kirkland. However, the difference is quite minute and it doesn’t significantly affect the disparity in the cost of living.
Utilities include things like electricity, cost of heating plus other things that increase comfort.
The main difference between living in Lacey and Kirkland is that the cost of living.
Kirkland is 63% more expensive to live in than in Lacey. This disparity causes a change in mindset when you want to sell your home in Kirkland and move to Lacey.