Builders Bulletin: Home Prices Leveling Off, Still See Annual Gain

By MBAKS Senior Policy Analyst Allison Butcher

King County’s August median home price of $815,000 stayed relatively flat compared to the previous month, which was $810,000. Snohomish County saw a month-over-month dip in its median home price of single-family homes and condos—from $737,500 in July to $700,000 in August. Year-over-year prices were up 5.6% in King County and 4.9% in Snohomish County.

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MBAKS Announces 2022 REX/T-REX (Remodeling Excellence and Trades Remodeling Excellence) Awards Winners

BELLEVUE, Wash.—May 26, 2022—For the 36th year in a row, Master Builders Association of King and Snohomish Counties (MBAKS) hosted their annual Remodeling/Trades Remodeling Excellence (REX/T-REX) Awards.

The REX/T-REX Awards, presented by the Remodelers Council of MBAKS, encourages local remodelers and builders to submit their best projects of the year. Each submission is reviewed by a panel of remodeling professionals from across the country and winners are selected in each category. The categories are as follows: Bath Excellence, Kitchen Excellence, Residential Remodel Excellence, Landscape & Outdoor Living Excellence, Exterior Remodel Excellence, Get Away Room & Specialty Space Excellence, and Design Excellence.

REX/T-REX entries were judged on the following categories:

Aesthetics—How is the remodel visually appealing?
Special or unique design solutions—How was the space planned and was livability considered?
Quality workmanship—What are the special features of the project and is there attention to detail?
Use of appropriate building material—Does the remodel complement existing structure and design?
Budgetary consideration—How did the project keep within the budget and still deliver client expectations?
Challenges and obstacles—Were there any unexpected obstacles that called for adjustments?

2022 REX/T-REX Winners

2022 Remodeling Excellence Winner, Bath Excellence, Less Than $35,000
Photo taken by Tod Sakai © 2022

Bath Excellence, Less Than $35,000

First Place REX Winner: Sockeye Homes
T-REX Winner: Ferguson Enterprises and USI Courtesy Glass

2022 Remodeling Excellence Winner, Bath Excellence, $35,000 to $55,000
Photo by Robert Dorres, courtesy of Lakeview Design and Construction

Bath Excellence, $35,000 to $55,000

First Place REX Winner: Lakeview Design and Construction
T-REX Winner: Midori Yoshikawa Interior Design

2022 Remodeling Excellence Winner, Bath Excellence, $55,000 to $75,000
Photographed by WE Studio

Bath Excellence, $55,000 to $75,000

First Place REX Winner: Jackson Design Build LLC

2022 Remodeling Excellence Winner, Bath Excellence, $75,000 to $110,000
Photo courtesy of J & M Remodel

Bath Excellence, $75,000 to $110,000

First Place REX Winner (Tie): J & M Remodel
T-REX Winner: Contract Furnishing Mart

2022 Remodeling Excellence Winner, Bath Excellence, $75,000 to $110,000
Photo credit: John G. Wilbanks Photography

Bath Excellence, $75,000 to $110,000

First Place REX Winner (Tie): Nip Tuck Remodeling
T-REX Winner: United Wholesale Supply, Inc.

2022 Remodeling Excellence Winner, Bath Excellence, More Than $110,000
Photo courtesy of Cindy Apple Photography

Bath Excellence, More Than $110,000

First Place REX Winner: Palmer Residential, LLC
T-REX Winner: Hampton Hill Cabinetry and Design and Global Granite

2022 Remodeling Excellence Winner, Kitchen Excellence, Less Than $70,000
Photo courtesy of Brent Loe Photography

Kitchen Excellence, Less Than $70,000

First Place REX Winner: Tenhulzen Residential LLC

2022 Remodeling Excellence Winner, Kitchen Excellence, $70,000 to $90,000
Photo courtesy of Danielle Freeze

Kitchen Excellence, $70,000 to $90,000

First Place REX Winner: Rainier Custom Homes

2022 Remodeling Excellence Winner, Kitchen Excellence, $90,000 to $125,000
Photo credit: John G. Wilbanks Photography

Kitchen Excellence, $90,000 to $125,000

First Place REX Winner: Nip Tuck Remodeling
T-REX Winner: Cupboard & Clay and KC Fine Cabinetry

2022 Remodeling Excellence Winner, Kitchen Excellence, $125,000 to $145,000
Photo credit: John G. Wilbanks Photography

Kitchen Excellence, $125,000 to $145,000

First Place REX Winner: Nip Tuck Remodeling
T-REX Winner: United Wholesale Supply, Inc. and Classic Windows

2022 Remodeling Excellence Winner, Kitchen Excellence, More Than $145,000
Photo courtesy of Katherine Gooding

Kitchen Excellence, More Than $145,000

First Place REX Winner: Irons Brothers Construction Inc.
T-REX Winner: Albee Interior Design and Luna Kitchen and Bath

2022 Remodeling Excellence Winner, Kitchen Excellence, More Than $145,000
Photo courtesy of Derrick Louie

Kitchen Excellence, More Than $145,000

Second Place REX Winner: Blue Water Design Build

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Addition, Less Than $200,000
Photo courtesy of Tina Witherspoon © 2022

Residential Remodel Excellence—Addition, Less Than $200,000

First Place REX Winner: Charter Custom Homes
T-REX Winner: Alpha and Omega Electric

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Addition, $200,000 to $325,000
Photo courtesy of Cindy Apple Photography

Residential Remodel Excellence—Addition, $200,000 to $325,000

First Place REX Winner: Model Remodel
T-REX Winner: Lake City Plumbing and JS Electric

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Addition, More Than $325,000
Photo by Julie Mannell © 2021

Residential Remodel Excellence—Addition, More Than $325,000

First Place REX Winner: Armada Design & Build

2022 Remodeling Excellence Winner, Residential Remodel Excellence— Major Remodel, Less Than $250,000
Photo taken by Tod Sakai © 2022

Residential Remodel Excellence—Major Remodel, Less Than $250,000

First Place REX Winner: Sockeye Homes
T-REX Winner: Fireside Home Solutions and Apex Railing Solutions

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Major Remodel, $250,000 to $350,000
Photo taken by Tod Sakai © 2022

Residential Remodel Excellence—Major Remodel, $250,000 to $350,000

First Place REX Winner: Sockeye Homes
T-REX Winner: Contract Furnishing Mart and Legends Roofing

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Major Remodel, $350,000 to $500,000
Photo courtesy of J & M Remodel

Residential Remodel Excellence—Major Remodel, $350,000 to $500,000

First Place REX Winner: J & M Remodel
T-REX Winner: Contract Furnishing Mart

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Major Remodel, More Than $500,000
Photo taken by Tod Sakai © 2022

Residential Remodel Excellence—Major Remodel, More Than $500,000

First Place REX Winner (Tie): Sockeye Homes
T-REX Winner: Dunn Lumber and Ferguson Enterprises

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Major Remodel, More Than $500,000
Photo credit: John G. Wilbanks Photography

Residential Remodel Excellence—Major Remodel, More Than $500,000

First Place REX Winner (Tie): Nip Tuck Remodeling
T-REX Winner: Rhino Cellars and LeBlanc Floors

2022 Remodeling Excellence Winner, Residential Remodel Excellence—ADU & Basement, Less Than $100,000
Photo courtesy of Ken Shepard © 2021

Residential Remodel Excellence—ADU & Basement, Less Than $100,000

First Place REX Winner: Gaspar's Construction
T-REX Winner: Bowie Electric Service and Excel Painting Company

2022 Remodeling Excellence Winner, Residential Remodel Excellence—ADU & Basement, More Than $100,000
Photo courtesy of Moch Snyder

Residential Remodel Excellence—ADU & Basement, More Than $100,000

First Place REX Winner: Pathway Design + Construction
T-REX Winner: Holly Bero Interiors and Decker Design, Inc.

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Exterior Remodel Excellence, Less Than $100,000
Photographed by WE Studio

Residential Remodel Excellence—Exterior Remodel Excellence, Less Than $100,000

First Place REX Winner: Jackson Design Build LLC

2022 Remodeling Excellence Winner, Landscape & Outdoor Living Excellence, More Than $100,000
Photo courtesy of Tina Witherspoon © 2022

Landscape & Outdoor Living Excellence, More Than $100,000

First Place REX Winner: Charter Custom Homes
T-REX Winner: Dibble Engineers, Inc. and Mutual Materials

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Get Away Room, Less Than $100,000
Photo courtesy of Cindy Apple Photography

Residential Remodel Excellence—Get Away Room, Less Than $100,000

First Place REX Winner: Model Remodel
T-REX Winner: Redhawk Construction and Wholesale Flooring Services

2022 Remodeling Excellence Winner, Residential Remodel Excellence—Get Away Room, More Than $100,000
Photographed by NW Architectural Photography

Residential Remodel Excellence—Get Away Room, More Than $100,000

First Place REX Winner: Jackson Design Build LLC
T-REX Winner: Kruger Architecture

2022 Remodeling Excellence Winner, Design Excellence, Interior Design
Photo courtesy of Cindy Apple Photography

Design Excellence, Interior Design

First Place REX Winner: Model Remodel
T-REX Winner: JS Electric and Mohler Design

2022 Remodeling Excellence Winner, Design Excellence, Specialty Details & Finishes
Photo credit: John G. Wilbanks Photography

Design Excellence, Specialty Details & Finishes

First Place REX Winner: Nip Tuck Remodeling
T-REX Winner: Unique Art Glass

Residential Remodel Excellence—DADU

First Place REX Winner: Sockeye Homes
T-REX Winner: Contract Furnishings Mart and Northwest Stair and Rail

Residential Remodel Excellence—Historical

First Place REX Winner: Sockeye Homes
T-REX Winner: Global Granite and Lacey Door & Millwork

2022 Remodeling Excellence Best in Show, Sockeye Homes

Best in Show

Recognition for the highest overall combined score awarded by the judges for a project submission.

Sockeye Homes for their Residential Remodel Excellence—Historical award winning remodel.

2022 Remodelers Council Member of the Year, Jennifer VanderBeken with VanderBeken Remodel

Remodelers Council Member of the Year

Jennifer VanderBeken, VanderBeken Remodel

About the Master Builders Association of King and Snohomish Counties

Founded in 1909 and headquartered in Bellevue, Washington, the Master Builders Association of King and Snohomish Counties (MBAKS) is one of the nation’s oldest and largest local homebuilders associations. Like our founders, our members continue to take a leading role in all facets of homebuilding and support the planning for a growing region. From new technology to advances in sustainability, from collaborative public policy efforts to investing in our communities, our commitment to a thriving, inclusive and well-planned region never wavers. We are the professional homebuilders, architects, remodelers, tradespeople (carpenters, framers, roofers, plumbers, electricians), planners and engineers, suppliers, manufacturers, and sales and marketing professionals in your community who believe everyone deserves access to a healthy and productive place to call home.

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