Above Asking: The Exposed Brick Premium

  • February 27th 2017

by Nena Perry-Brown

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In this edition of Above Asking, UrbanTurf takes a look at two recently-featured rowhouses that both sold within a week for more than their listed price.

Above Asking: The Exposed Brick Premium: Figure 1

2,000 Square Feet on the Hill Nets a $2,500 Premium

Located between the Potomac Avenue Metro and the Anacostia Riverfront, this south-facing Federal rowhouse has an unassuming exterior. However, its 2,000 square-foot interior offered enough possibilities to command a a small premium above its asking price. The open main floor also enjoys a rear extension that creates an eat-in nook off the kitchen and leads to a wooden deck. The basement has a separate entrance and can function as a one-bedroom apartment. On the second floor, two bedrooms share a skylit bathroom with a spa tub, along with sharing a door to provide access to the second room as a flexible space.

  • Full Listing: 1420 K Street SE (map)
  • Asking Price: $770,000
  • Sales Price: $772,500
  • Bedrooms: Three
  • Bathrooms: Two
  • Year Built: 1910
  • Listing Agent: Joel Nelson, Keller Williams Capital Properties

Above Asking: The Exposed Brick Premium: Figure 2

$20,000 for Three Stories and a Standout Kitchen

This hidden Logan Circle rowhouse was only on the market for a week before finding a buyer willing to pay $20,000 above asking. A recent renovation created custom built-ins around the restored fireplace in the living room, in the bedrooms and lining the walls of the mudroom on the lower level. The impressive kitchen is also on the lower level, boasting two dishwashers, heated tile floors, a farmhouse sink and Carrera marble countertops.

  • Full Listing: 1531 Kingman Place NW (map)
  • Asking Price: $1,180,000
  • Sales Price: $1.2 million
  • Bedrooms: Two
  • Bathrooms: 1.5
  • Square Feet: 1,574
  • Year Built: 1910
  • Listing Agent: Tyler Garrison, TTR Sotheby’s International Realty

Photo courtesy of HomeVisit.

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This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_from_2500_to_20000/12266.

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