Above Asking: The Cozy Cottage Premium

• June 7th 2023

by UrbanTurf Staff

In this week's Above Asking, we highlight a pair of Maryland cottages that recently sold at hefty premiums. 

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$80,000 Above For a Silver Spring Cottage

This one-story Silver Spring cottage with a carefully curated garden and a warm living space spent just three days on the market before selling at an $80,000 premium. A fireplace and white wood ceiling panels are found in the main room, and the corner dining room features a serving window connected to the kitchen and a back door leading to the large wood patio. With a built-in study, bookshelves and new carpet, the primary bedroom is perfect for multitasking. A back shed offers extra storage or maintenance supplies.

• Full Listing: 306 Dennis Avenue (map)
• Asking Price: $585,000
• Sales Price: $665,500
• Bedrooms: Three
• Bathrooms: Two
• Square Feet: 1,476
• Year Built: 1943
• Listing Agent: Stacey Styslinger, Compass

Photo Courtesy TruPlace

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A $55,000 Premium For a Carpenter's Cottage 

This beachy listing in the Gaithersburg suburb of Washington Grove recently sold for $905,000, a $55,000 premium over its original asking price. A 1998 expansion transformed the cottage (originally constructed in 1875), but the house still retains interesting original features, including a shiplap accent wall in the dining room and a wood-planked tray ceiling in the kitchen. The living room has a stone, wood-burning fireplace and a steep pitched, skylit ceiling with exposed beams. The main level owners suite is large enough to accommodate a sizeable seating area and a stained glass bay window. The rear yard has a patio area and a carriage house. An added bonus: Washington Grove has a private beachfront lake.

• Full Listing: 409 5th Avenue (map)
• List Price: $850,000
• Sales Price: $905,000
• Bedrooms: Four
• Bathrooms: Three
• Square Feet: 2,606
• Year Built: 1875
• Listing Agent: Catherine Arnaud-Charbonneau, Compass

Photo courtesy of HomeVisit.

This article originally published at https://dc.urbanturf.com/articles/blog/above_asking_the_cozy_cottage_premium/21110.