Our clients, Sarah and JB, are happily building equity in the home they purchased with Wayne’s help four years ago. They purchased a 1,440 square foot 2-bedroom condo in Kalorama in 2012. They were able to buy it for under the list price at that time for $526,000, and just recently, in anticipation of adding a 2nd full bathroom, they had their home re-appraised for a home equity line of credit, and the appraisal came back at $800,000 – and that was WITHOUT the 2nd bath added yet. Congratulations, Sarah and JB!
Now expecting their first child they have embarked on adding the 2nd bath and a walk-in closet off the master bedroom. The other day we had the pleasure of touring their work in progress which is almost finished except for some final tile work and fixtures. It looks beautiful and is sure to add even more value than the pre-renovation appraisal indicated. We are always thrilled to hear stories like that as our clients increase their net worth through real estate.