I closed on my new (tiny) rowhouse in Shaw on February 29, 2016 — in a leap year! I guess my property will age more slowly than the neighbors’. So as not to waste any time, while I was under contract I put together a budget, made product and finish selections, and drafted my own vision for the addition in a software program. This made it easy for my architect and contractor to get started. The day after I took possession, I had the contractor and architect on site to get plans underway for my renovation and addition. The very next day, my crew got started on the interior demolition and even exposed a brick wall!
Washington, DC is a hot real estate market!
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.