Is it New vs Old? or The Old New House in Washington, DC.

By
Real Estate Agent with BML Properties Realty

 If you are an investor in Washington, DC metro area and you have cash then you have hit a payday! Investors are purchasing older homes that have not been renovated for a reasonable price then rehab the properties and sell it for what could be a nice market up.  

Buyers in our area want these renovated houses.  Most houses were built between the 1920-1950s and the "bones" of these houses are sturdy and solid. Along with the updated and new renovations that are completed without short cuts can turn out to be a win-win for both the buyer and the seller.  

Most of the houses before the renovations are very cut up with small rooms, galley kitchens and narrow hallways. Afterwards the houses have open floor plans with updated airy kitchens perfect for a family and entertaining. Some basements what used to be unfinished cellar type are now extra living space that could be used as separate living quarters.  Some of the houses if you’re lucky still have the original woodwork and hardwood floors that just need to be sanded and varnished.

These houses are a mainstay in Washington, DC and it's nice to see that are original structure is appreciated with the current day "bling-bling" of modern appliances.  

Posted by

REALTOR®/Home Marketing Specialist

Keller Williams Realty

202-420-9958 (mobile)

240-737-5000 (office)

ServingMetroDC.com

Monica@servingmetrodc.com

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Topic:
Home Buying
Location:
District of Columbia
Groups:
30 Days In September 2011 Localism Posting Challenge
Tags:
washington dc
renovated homes in washington
washington dc real estate

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Mary Macy
Top Agents Atlanta Metro - Roswell, GA
Top Agents Atlanta Metro

This is just a great time to buy anyplace, Atlanta has great buys in renovated homes here also.  This is a great time to buy for buyers!!!

Sep 05, 2011 11:22 PM #1
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Monica Snipes

Austin, Helping Buyers & Sellers in Metro Washington, DC
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