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portage bay cottage
backyard cottage 1

While the mayor and city council debate ways to lower housing costs homeowners building backyard cottages are benefiting from the tight housing market. Higher property values make financing easier to obtain. For the owners of rental properties, rising short term and long term rental rates offset increasing construction costs. The real estate axiom, location, location, location, does apply to backyard cottages. Those in close in neighborhoods command the highest rent while construction costs are more or less consistent across the city.

A recently completed project by microhouse, this two bedroom backyard cottage features sweeping views of portage bay and is conveniently located near the university of washington and south lake union. This backyard cottage was built for use as a rental and will rent for $2,500 per month.

backyard cottage 2



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