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5th Birthdays & The Dramatic Kensington, MD Home

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Market Insights, Montgomery County MD Real Estate, Past Clients

I’d like to take a moment to wish a very happy 5th birthday to our friend and one of our all-time favorite clients, Henry. I had the pleasure of marketing Henry’s (and his wonderful parent’s – and, actually, at that time a brand new brother’s) house in August of 2005. It was a wonderfully updated split level with a fantastic, open new kitchen and it sold in less than two weeks for slightly over full price. 
 
Just a little over 2 years removed from that quick sale, I wonder how well that magnificent house would fair in this buyer friendly market. It was located in the sought after Byeford sub-division in Kensington, MD (north of Connecticut avenue, just outside the beltway). Issues? It actually cornered on Connecticut Avenue (although the side yard was quite deep), the owners had combined two of the upstairs bedrooms into a large master (so now there were only 2 bedrooms up) and it had a pool (a wonderful pool, with a firepit and a built-in grill - but pools are normally more of a negative than a positive in the D.C. area). I think these three “negatives” in today’s market and would have yielded a longer marketing period and a lower price. What is “forgiven” by buyers in a seller’s market become real issues in a buyer’s market.
 
So Henry, have a wonderful birthday, we miss you, and we’re glad the timing worked out on your old house in Kensington. Now, go open some presents! 

Date: Monday, November, 19th 2007 @ 07:41:42 PM
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