We are thrilled to announce that Kara was recognized for the third year in a row as a “Top Agent” by Washingtonian magazine! The issue is on stands today. Each year, the magazine recognizes agents and teams who produced among the highest sales volumes in the DC area*. With over 3,200 licensed agents based in the District of Columbia alone (per MRIS) and over 20,000 agents in the DC Metro area, we consider this a huge honor.
We love it when our listings make the news! This affordable, charming, and bright unit at The Clydesdale was featured in the Washingtonian‘s list of Best Open Houses! We like to get creative with our marketing to showcase when a Condo or Coop listing we have is pet-friendly and, in this case, we asked the photographer to take a photo of our clients’ adorable Yorkie pup to include in the virtual tour and marketing materials. Sorry, Manchego does not convey with the property.
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.
As a follow-up to a blog post I wrote in October 2015 about a client success story, our client Josh recently had his 2-unit property in Shaw re-appraised and the value came in at $1,085,000! So if we do the math, he paid $625K in 2014, it appraised for $925K in 2015, which makes a grand total of $460,000 in appreciation in 2 years! He invested in renovations and put in a lot of sweat equity and it really paid off!
Disclaimer: This example does not represent the average rate of market appreciation in Washington, DC and I make no guarantees as to the appreciation potential of properties I sell.
As previously mentioned, the process of even getting to the construction phase is quite slow. At this point, the architectural drawings have been completed and submitted to DCRA for the permits. I am told it will take 4-6 weeks for approval. Let the waiting game begin.
During the Blizzard of 2016 while no one else was out looking at properties, Kara was the first and only agent to view a little house in Shaw that had just been listed. Quietly and quickly she submitted an offer which became ratified while everyone else was home shoveling snow and before anyone else knew about it. To say that this house is small is an understatement. Just 13′ wide on the inside this house is perfectly livable for most people but Kara has a vision and an already well-organized plan. As soon as she went to closing and the previous owner moved out, Kara had a construction crew go in and do some demolition work.
Built in 1880 and located on a quiet and charming block, this 2-bedroom, 1.5 bath home has a gated front yard (well, the gate is missing actually) and a deep fenced-in back yard. The kitchen is tiny but that will soon all be gone and a new addition built onto the back. On the first day she took possession, Kara had the place professionally photographed as “before” pictures. The next day, however, an old plaster wall in the living room was chipped away and the original brick exposed. All the trim around the windows and doors from a prior but rather poor attempt at a renovation 15 years ago is now gone. Old carpet has been torn up and new white oak flooring will soon be installed. An architect was hired, white lacquered kitchen cabinets have been selected, and now the somewhat long process of waiting for the city to issue construction permits begins. We hope to share photos of this adventure in our future newsletters so be sure to keep a lookout. Hard hat tours graciously offered.