I want to kick today off with a little #flashbackFriday. Studying this market over the years, I have learned the advertised price of a home means nothing. A lack of inventory leads to bidding wars, which lead to selling prices that soar way beyond the advertised price. Ready for a perfect example? Do you remember this house in Georgetown that I featured last month?
This 860 square foot historic gem was listed for $699k. For 860 square feet, you may think that price is fair. But wait. This is Georgetown. The deal closed three days ago and the newest owners paid $887,750. All. Cash. Things are truly never as they seem.
Ready for a new batch of must-see opens? Email me if you would like details on any of the homes featured below: jamie@exposedbrickdc.com
330 Square Feet for the Minimalist in Kalorama: $299,900
One of a Kind One Bedroom Loft in Capitol Hill with Parking: $419,000
2 BD/2 BA in Converted Rowhouse Near H Street with Big Yard: $668,500
Sprawling (1440 sq ft) 2 BD/2 BA in Kalorama with all the Charm: $739,000
Classic Cedar Shake Beauty with 4 BD/2 BA in Brookland: $749,000
