Tuesday, February 26, 2013

JUST RENTED! THIS BLOOMINGDALE BEAUTY DID NOT LAST LONG!





3BR/2.5BA Renovated Classic Bayfront Rowhouse 

Rented for $3750/month

JUST SOLD! 166 U STREET NE: WE BROUGHT THE BUYER

Our search took us far and wide, from Brookland to Takoma to Petworth, and finally to red hot Eckington where this fully renovated 1912 rowhome with its restored inlaid parquet floors caught my client's eye.  Add to that the beautiful exposed brick walls on the main level, a gorgeous chef's kitchen, two tastefully renovated full baths, a fully finished basement, and a fenced in rear patio and southern facing front porch with custom landscaping and he had to have it.  Congrats Tom for snatching up this gem before the first open house.  It was a pleasure working with you and I wish you many years of happiness (and appreciation) in your new home!    

Wednesday, February 6, 2013

How to View an Open House Like A Realtor

I strongly recommend that anyone considering a home purchase contact a buyer's agent early in the home search process to help them clarify goals, formulate a plan, access competent professional resources (i.e. lenders, inspectors, settlement companies, & contractors) and to gain access to the most accurate information available about the marketplace (if you’re using Zestimates from Zillow you’re looking for trouble!). An exceptional buyer's agent should not only be an unwavering advocate with a fiduciary responsibility to you, but he or she should also be an effective foil in your home search process. A Watson to your Holmes. A Sancho Panza to your Don Quixote. That being said, I have clients that come to me all the time who have been "casually" popping into open houses for months (or years!) before they feel they are ready to engage an agent. With smart phones and real estate apps galore it is easier than ever to check out what is on the market in your desired neighborhood. With this reality in mind, the following are a few factors to consider that I believe will help you view properties with a more critical eye when you feel like being a weekend real estate warrior. Hopefully, my awesome/awful aptitude for alliteration and poetry will make these memorable! Just remember, these tips are just the tip of the iceberg when it comes to doing your due diligence. Consulting a buyer’s agent is the smartest advice I can give you!


1. Ignore the Decor

One of the biggest issues that prospective home buyers have is being entranced or repulsed by a home solely based on the way it is furnished and decorated. Upon entering a home, we often have an instantaneous reaction to the environment that we have just walked into. In my opinion, the key to being a discerning buyer is the ability to acknowledge our initial reaction but still have the ability to dig deeper in order to understand what we are really reacting to. Ask yourself, “Does the property make me smile because it is exquisitely furnished, filled with great art, or painted in my favorite color?” If the answer is “yes”, try to envision the space empty or with your furniture. Does that change the way you see the space? Remember, the opposite can also true. Clients often discount properties due to strictly cosmetic issues that are fairly inexpensive to change. Having the “vision” to look beyond what you see to what a space could become may be the key to spotting a diamond in the rough.







2. Focus on the Flow

Are the rooms configured in a way that would meet your needs? Does the floor plan make sense? Is space wasted or well used? Are there walls that you can remove to reconfigure the space to better meet your needs? Think about what matters to you. Whether it is cooking or entertaining guests, being able to keep an eye on little kids or watching the big game, it is important to ask yourself if the layout of the house would help or hinder those activities. While I have yet to see a house that can do everything, it is important to know what trade-offs you are willing to make and what the property’s “capacity” is to accommodate the way you envision your lifestyle being.



3. Look for Light

Does the house get good natural light or does it feel dark? Realtors often turn on every light in the
house to add as much light as possible so it is important to separate natural light from artificial light. Understanding the orientation of the house (i.e. which sides of the property face N, S, E, & W) will also help you picture which rooms will get more or less light during different times of the day. Most open houses are from 1pm-4pm so do not forget to consider what the property will look like in the morning light. While everyone has a different sensitivity or need for light (my sister lives in Portland, Oregon and doesn’t mind not seeing the sun for a month at a time…I would go crazy!), a general rule is more light is always better than less.



4. Don’t be Shy! (Okay, this one doesn’t have a snappy title)

Don't be afraid to ask questions! Admittedly, it can be awkward to walk through someone else's house with their family photos on the wall and their clothes in the closets but don't let that stop you from getting the information that you need about the house in question. This is another area where a buyer's agent can be very helpful. Knowing the right questions to ask, how to ask them, and being able to verify the authenticity of the answers (remember...trust, but verify!) is an important part of our role. Finally, neighbors are often the best source for getting the real scoop on a neighborhood or building. While I wouldn't recommend knocking on everyone’s door and interrogating them, if you see a neighbor in the yard, walking their dog, in the elevator, or in a common area I have found that the vast majority of neighbors are more than happy to talk about the positive and negative aspects of where they live. No realtor will know a building or a neighborhood as well as someone who has lived there. Don’t be afraid to get the inside scoop.

Friday, February 1, 2013

NEW BLOOMINGDALE RENTAL LISTING: 3BR/2.5BA Renovated Classic Bayfront Rowhouse $3750/month

David Abrams and the Koitz Group present this historic, three bedroom, two and a half bath jewel in the heart of Bloomingdale, one of DC’s most architecturally stunning neighborhoods.  Built in 1892 and painstakingly renovated in 2012, 140 S Street provides the perfect blend of period detail and the latest in modern amenities.  From its carefully restored original wood mantles, pocket doors, and exposed brick walls to its elegant formal dining room and beautifully conceived modern chef’s kitchen with stainless steel appliances and glistening granite countertops, no detail has been overlooked! Bright & airy on both levels, the master suite features vaulted ceilings, twin skylights, and a gracious bath with dual vanities, a classic clawfoot tub and separate shower.  With two additional, generously-sized bedrooms, a full hall bath, off-street parking, and a spectacular, private roof deck with panoramic views of the US Capitol and the Washington Monument, what more could you ask for?              

Offered at $3750/month
See photos and more details HERE
 

Features:

  • Historic 1892 bayfront rowhouse thoughtfully renovated in 2012
  • 3 bedrooms, 2.5 baths with hardwood floors throughout
  • Original woodwork restored, including pocket doors and mantles
  • Warm, exposed brick on both levels
  • Fully renovated gourmet chef’s kitchen with stainless steel appliances, granite countertops, ample cabinet space, and gas cooking
  • Formal dining room and expansive living room
  • Rooftop deck with 360 degree views, including the Washington Monument, the US Capitol, and the Basilica at the National Shrine
  • Dual zone climate control system and new washer/dryer
  • Off-street parking in rear
  • Incredible location in the heart of Bloomingdale, just blocks from Rustik Tavern, Boundary Stone, Big Bear Cafe, Yoga District, and more
  • Plentiful public transportation options, including two nearby Metro stations (Shaw and New York Ave), public buses, and Capital Bikeshare