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.
Did you know that about 20% of sales in DC last year were all cash? Multiple offers and bidding wars are common in our market. Check out this link for an interesting article about cash sales and market statistics in Georgetown.