Just Listed: 1357 Emerald St NE!

Fall has arrived, but the DC real estate market is still HOT!

Just listed this week: 1357 Emerald St NE, a gorgeous Victorian row house in Capitol Hill. This stunning house offers an open and inviting floor plan with 3 bedrooms, 1.5 baths, and 1342 sq ft of living space. Hard to believe this row house was built in 1915, with the gleaming hardwood floors, renovated kitchen with custom cabinets, stainless appliances, and silestone counters. Not to mention updated bathrooms, with modern vanities and fixtures, and custom shower with carrera marble tile in the upper full bath. The charming bay window at the front of the house, adds to the home’s “Victorian” charm. The relaxing fenced in patio off the back is perfect for grilling and entertaining. The location is unbeatable! The house is situated on a quiet, tree lined street, with no through traffic, and located minutes to the H Street Corridor, Lincoln Park, and more.

Nearby restaurants/bars include: Argonaut, Beirgarten Haus, Atlas Theater, Sticky Rice, Smith Commons, RedRocks, The Liberty Tree, The Atlas Room, The Queen Vic, H&pizza, and Dangerously Delicious Pies. Grocery stores include: Safeway, Giant, Aldi, and Union Market. H Street FreshFarm Market, 15 minutes to Eastern Market and Whole Foods opening in 2016!

Quick access to Union Station, 395 & 295. B2 & D6 Metro bus stops nearby.Coming soon: DC StreetCar to H Street. The H/Benning line will be the first segment of the new DC Streetcar system, opening later this fall.

Sales in this neighborhood have been on a rise the past several years. In 2009, this row house was purchased for $450K. Now, comparable homes on this street are selling for $599K-$630K depending on size, number of bedrooms/baths and upgrades. Homes in this area are also receiving multiple offers, and usually selling for more than list price. Average days on market are usually 19 days or less. The buyer interest and activity in this neighborhood is exciting, and we look forward to see what kind of traffic we have at the Open House this weekend. Stop by Saturday 9/20 or Sunday 9/21 from 1-4pm.

Contact us today, for a private showing or to learn more about this home and neighborhood!

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Thoughts on Open Houses

My clients know that I am a big fan of open houses—both for my buyer clients and also my listing clients. I hold my listings open at least once per month. I just don’t buy the line from agents that “Open houses don’t sell homes.” I’ve seen it happen, and I don’t want to deny my clients that opportunity.

I’m also a fan of visiting open houses even in cases where one may not be interested in that particular home. Why? Because if it’s in a neighborhood you’re exploring, it’s a great chance to get a data point for a property (and then a chance to monitor that property to see how quickly it does/doesn’t sell). For any buyer, after you see a dozen or so homes in a neighborhood, you have a very good idea of what the going price is for homes in various conditions in a subdivision. So when you finally find the home in that neighborhood that you ARE interested in, having seen as many homes as possible only gives you more comfort—or discomfort, as the case may be—about the price being asked. Sure you can look at the comps when you sit down to decide what to offer, but nothing compares to your own personal experience having seen a home in person. While I can certainly guide my clients as to what the reasonable range is for a neighborhood, or how one property compares to another that I had seen, at the end of the day, it’s the client’s money— and their own interpretation of value—that matters. And so the client has to be comfortable with the offer price, and there’s no match for your own two eyes when you’re comparing homes.

I feel so strongly about the value of open houses that I send my clients each week a list of homes that fit their criteria that they should consider visiting. Now there’s a tool to help visit those homes more efficiently—a route optimizer from VAR. Simply enter the addresses and then hit calculate to produce a set of directions to make the most of your Sunday afternoons.

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