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Bellevue Real Estate

Bellevue Real Estate

Bellevue is a large city that is located in close proximity to Seattle, Washington. It is situated on the opposite side of Lake Washington and has been considered to be a satellite city or suburb. However, the rapid growth of Bellevue has transformed it into a metropolitan city center. The city has a population of over 126,600 individuals and is experiencing rapid changes to accommodate the large population.

Bellevue is one of the wealthiest locations in Washington. It is repeatedly ranked as one of the best locations to reside within the United States and has also been deemed one of the top locations to start a business. As a result of the city's growing popularity, Bellevue real estate is becoming increasingly expensive.

Bellevue real estate varies significantly. In certain locations throughout the city, an individual may be able to locate an affordable home. There are some small, two bedroom homes available for under $300,000, however, this is rare in Bellevue. More likely, an individual will be required to pay over $500,000 for reasonable Bellevue real estate.

The median cost of property in Bellevue is roughly $485,000, while the average asking price is about $777,900. However, it is important to note that housing costs in Bellevue vary greatly based upon location. If an individual is seeking property in Northwest Bellevue or West Bellevue, he/she should expect to pay over one million dollars for a home. There are apartments available to rent in the city. If an individual chooses to rent an apartment, he/she will likely pay around one thousand dollars each month to reside in the apartment.

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