Vinland Crest Neighborhood in Poulsbo

Vinland Crest is a discrete and secluded neighborhood located about 10 minutes North of Downtown Poulsbo.  Commuting times are short being only about 15 minutes to Naval Base Kitsap at Bangor.  Silverdale, which is the location for the Kitsap Mall, is just an additional 5 minutes from there.  It is also only about 25 minutes to the Bainbridge Island-Seattle ferry terminal or 20 minutes to the Kingston-Edmonds ferry terminal

photo of Vinland Crest Monument photo in Vinland Crest Neighborhood

 

The average and median lot sizes are 0.43 Acres and 0.42 Acres respectively and most of the homes are well sited to provide privacy from neighboring properties.  There are also community & greenbelt areas comprised of 27 parcels totaling 36.04 Acres.

There are 65 homes in all of the divisions in Vinland Crest and a large majority of the homes here are 2-story, with only five (5) being one story ramblers. 

The first home was built in this neighborhood in 1995 and the last one was built in 1998,  with the average and median year built being 1996.

Home Size (Sq. Ft.)
Living Area (Avg.) 2455 Sq. Ft.
Living Area (Median) 2494 Sq. Ft.
Gross Area (Avg.) 3061 Sq. Ft.
Gross Area (Median) 3064 Sq. Ft.
Home Values
(2012 Tax Assessed Valuations &
AVM as of 04-28-2013)
Tax Assessed Value (Avg.) $296,422
Tax Assessed Value (Median) $297,230
Auto Valuation Model (Avg.) $328,618
Auto Valuation Model (Median) $327,985

It’s important to note that while both the Tax Assessed Valuations and the Auto Valuation Models can be instructive about home values, these numbers may not be keeping pace in real time with what is actually occurring in the market at any given time. The AVM, values are calculated more recently than the Tax Assessed Values, but they are based largely upon a statistical sample and do not reflect special individual home features, upgrades or undocumented unique characteristics. The true market value is dependent primarily upon the recent most comparable sales, and then appropriate adjustments made.

The best way to obtain the current value of your home without paying for a full appraisal is to contact your Real Estate Broker and ask for a current CMA.  If you don’t have a Broker you prefer, or one are currently working with, my partner Jana Salmans or myself would be very happy to assist you.  Just give us a call or e-mail us, our contact information can be found at the top main menu and we will be happy to assist you.

This neighborhood has historically had a very low turn-over rate.  So far in 2013 there have been no sales through 4/28/2013.  Looking back from 2012 and the previous 5 years the average annual turn-over rate for homes here is about 2.5% which equates to an average time home owners here will likely stay is about 40 years! 

Reviewing the average number of homes sold here between 2003 – 2007,  shows that there were an average of 3.4 homes sold/year equating to an annual turn-over rate of 5.2%.  So during this period, the average time a homeowner would be expected to stay here was about 19 years!

During the high growth real estate boom years from 2003 to 2007, nationally the average time home owners would stay in a home was about 6 years.  Nationally as the housing market declined staring in late 2007, the subsequent 5 year period saw average times home owners stayed in a home increase to about 9 years, which is about where we are currently.

Home owners stay in the homes they buy in Vinland Crest at least 3 times longer than the national average, and currently it looks like that number has increased to about 4 times longer!  There must be something pretty great about living here!

In 2012 there were 2 homes sold in Vinland Crest and here is the list of homes sold:
*Bank Owned foreclosure (REO) sale

Date of Sale Address SqFt./Bdrm/Bath Style Price
2/09/2012 22397 Stargaten Lane NW 2791/3/2.5 2-sty $360,000
6/23/2012 2052 NW Tregaten Lane 2644/4/2.5 2-sty $335,000*

Here are the number of homes sold in Vinland Crest for the past few years:
2011 – 1 home
2010 – 2 homes
2009 – 1 home

Here’s a map showing the location of Vinland Crest.  You can see its close proximity to Hood Canal, Downtown Poulsbo and commuting routes.


View Vinland Crest Neighborhood in a larger map

 

Thank You! for visiting our Blog and viewing this property.

Brian Wilson, Broker  and

Jana Salmans, Managing Broker
Janas Cell: 360-509-9684
Brian’s Cell: 360-689-2466

John L. Scott Real Estate
19723 10th Ave NE; suite 200
Poulsbo, WA 98370

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