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The Best Deal of the Year: The Architect’s Three-Bedroom

by UrbanTurf Staff

The Best Deal of the Year: The Architect's Three-Bedroom: Figure 1
1524 Gales Street NE

Deal of the Week is one of our more popular features here at UrbanTurf, and also one that arouses the most debate for the fairly obvious reason that a deal to one person is not necessarily a bargain to someone else. For this reason, picking a Deal of the Year is not the easiest of tasks.

However, of the many homes that we wrote about over the past 12 months, this year’s choice was widely thought of as a great deal by readers, agents and particularly potential buyers who, from the way they went after the home, one would think it was the only property on the market in the city.

In March, a three-bedroom row house on Gales Street about a block from the H Street Corridor that was entirely rebuilt by the architect/owner hit the market. The main floor is wide open and sweeps from the living room into the dining area and then to a new kitchen and a back deck, giving the first level the feel of a loft. The second level has two bedrooms, each with their own full bathroom and the third floor is essentially a large master suite with a walk-in closet and a deck that buyers were quite taken with from what we heard. The property also has off-street parking in the rear.

The Best Deal of the Year: The Architect's Three-Bedroom: Figure 2
Dining Area

At 1,797 square feet, the price per square foot for the listing was $272, which along with the layout and renovations, resulted in a flood of interest from buyers that recognized the bargain.

“We loved the modern layout, and the open feel to the house,” Tom Bridge, who publishes the We Love DC blog, told UrbanTurf. “Mostly, though, it was the roof deck that had us absolutely in love with that place. What a beautiful feature, and what an amazing idea to do on a small row house in DC.”

Bridge realized that there would be competition, but how just how much wasn’t clear until he submitted an offer. Seven offers were ultimately submitted and because of the competition, the winning bid ended up being approximately $26,000 above the asking price.

While Bridge came to find another house to buy, like a lost love, he still thinks about what he might’ve missed out on.

“The Gales Street house had the only thing that makes me wonder what could’ve happened.”

The Best Deal of the Year: The Architect's Three-Bedroom: Figure 3
Kitchen

The Best Deal of the Year: The Architect's Three-Bedroom: Figure 4
Master Suite

  • Address: 1524 Gales Street NE (map)
  • Original Listing Price: $449,500
  • Final Sale Price: $489,500 (with a $14,500 seller subsidy, so the final sales price was really $475,000).
  • Beds: Three
  • Baths: 3.5

See other articles related to: dclofts, best of 2010

This article originally published at http://dc.urbanturf.com/articles/blog/deal_of_the_year_the_architects_three-bedroom/2774

6 Comments

  1. Bells said at 9:28 pm on Thursday December 16, 2010:
    I loved this house when you guys first featured it. I used to live around the corner four years ago, and I love that there are now beautiful homes on this block.
  1. Jane said at 11:35 pm on Thursday December 16, 2010:
    While it looks nice and new, it's kind of bland and strile for my taste. Whatever happened to color and texture on walls?
  1. loved this house said at 11:41 pm on Thursday December 16, 2010:
    Architects out there: make more houses like this!
  1. Tom / R2L said at 2:18 am on Friday December 17, 2010:
    @loved this house: We would if given the opportunity. Unfortunately, the majority of single family and town home renovations are "designed" by general contractors who do not advise the owner to hire an architect. If more homeowners would hire a good architect before making deals with a contractor, you would start to find better designed homes.
  1. Patricia Thompson said at 5:43 pm on Friday December 17, 2010:
    I love this house,great work by the architect. The design was creative and made sense. I hope everyone thinks about design when doing renovations!! Pat
  1. Amanda/ AC2M, LLC said at 12:16 am on Saturday December 18, 2010:
    Thank you to Urban Turf for featuring my projects during the year,and acknowledging 1524 Gales as the Deal of the Year; out of the many interesting projects featured! Awesome! Also, a special thanks for the positive public response and the appreciation of design. AC

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