BCCDC Real Estate by Marcie Sandalow

Archive for October, 2011

Garage Wannabes

said on October 31st, 2011 filed under: Information for Buyers, Investing in Real Estate

GarageOver the years, as a real estate agent, I’ve seen people do a lot of neat things with their garage.  Some have turned their garage into an artist studio or workshop.  Some are offices.  Some are just for cars.  Others have been converted into guest houses or hot tub cabanas.  And one of my favorites belongs to an old client… they managed to get some HGTV-type show to pay for their renovation- they turned theirs into a practice studio for a band.  Fun!

Recently a client contacted me about  what he could/couldn’t do with a garage on a property he was considering.  Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 10/28/11

said on October 28th, 2011 filed under: Bethesda

Lynbrook Park in actionUpdate for 10/28/2011… no new listings, 2 under contract, and no price reductions to speak of…

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 16 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines, I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4523 Cheltenham Drive, $799,900
Perfect little gem of a colonial on a pretty block. 3BR/1FB up. Another 1BR/1FB in the lower level. Pretty kitchen with stainless and granite. Handsome paint and tile throughout. Finished basement. Big shed in the back. It’s one of the smaller colonials, and because of this might be a touch enthusiastic on the price. Days on Market: 9

4613 W. Virginia 4613 West Virginia Avenue, $1,175,000
Totally renovated in 2005. This one was on the market for a short while @ December 2010. 5 BR/3.5BA. Large eat-in kitchen opening to family room with cathedral ceilings. New carpet. Quick walk to downtown Bethesda. Fenced yard. Finished, walk-out basement. Detached garage. Days on Market: 7

Read the rest of this entry »

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East Bethesda MD Halloween Parade

said on October 27th, 2011 filed under: Bethesda, Just For Fun

Halloween East BethesdaHalloween East Bethesda MDEvery year in East Bethesda, MD the EBCA hosts a Halloween Parade.  Both of my kids spent their first Halloweens in the parade (little pumpkins, of course)- it’s mobbed with strollers, baby carriers, wagons, bicycles and scooters.  Everyone starts off at Chase Park and then marches down Chase Avenue until it runs into Lynbrook Park.  Every other year we manage to have a police escort.  It’s very exciting. Depending on the year, once you make it to the park there will be snacks, drinks and sometimes even a haunted house.  It really is a lot of fun.

Check out my video… the focus is questionable (blame the camera lady), but it’ll give you a good idea of what to expect:

Happy Halloween Everyone!

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How to Hire the Best Contractor- 13 Easy Steps

said on October 25th, 2011 filed under: Information for Buyers, Information for Sellers

bigstock_Home_renovation_20551052Getting the right contractor for the job is key to any project’s success.  Trust me… I’ve been there.  According to Angie’s List, the two items critical to a job’s success are verifying a contractors license and READING the home improvement contract before signing it. In addition, you’ll want to focus on the following hiring guidelines:

1. Who will Manage the Job?: If your job involves more than 3-4 different specialists (electrician, drywall, plumbing, masonry, etc) things will go better if you have a general contractor to oversee the various tasks and timelines.

2. Define your project: Before you jump in, know what you want.  And if you don’t know what you want, learn about what’s out there by reading remodeling magazines, taking a picture of a friend’s kitchen (or bathroom or entryway).  Put these ideas on paper to give a potential contractor a sense of what you hope to achieve. Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 10/21/11

said on October 21st, 2011 filed under: Bethesda

BCC High School... home of the Battlin' Barons

Update for 10/21/2011… 1 new listing, 1 under contract, and no price reductions.

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 16 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines, I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

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4523 Cheltenham4523 Cheltenham Drive, $799,900
Perfect little gem of a colonial on a pretty block.  3BR/1FB up.  Another 1BR/1FB in the lower level. Pretty kitchen with stainless and granite.  Handsome paint and tile throughout.  Finished basement. Big shed in the back. It’s one of the smaller colonials, and because of this might be a touch enthusiastic on the price.  No open this weekend.  Call me if you want to take a look. Days on Market: 2

4613 W. Virginia 4613 West Virginia Avenue, $1,175,000
Temporarily off the market… Totally renovated in 2005. This one was on the market for a short while @ December 2010. 5 BR/3.5BA. Large eat-in kitchen opening to family room with cathedral ceilings. New carpet. Quick walk to downtown Bethesda. Fenced yard. Finished, walk-out basement. Detached garage. Days on Market: 8

Read the rest of this entry »

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The Evers & Co. Sept. 2011 Real Estate Report

said on October 19th, 2011 filed under: Information for Buyers

MarylandThe average price in our Washington, DC marketplace was up for the 17th consecutive month, 3% higher than September 2010. The number of days a property stays on the market was up 8.7%, and the dollar volume of sales was down 3.3 % this month,- both being attributed to consumer concern to recent fluctuations in the economy.

While mortgage interest rates were at record lows for most of September and banks have money to lend, lenders are restricted in the amount of loans and the loan-to- value ratio, which in turn limits buyers’ ability to purchase. These restrictions were a reaction to the mortgage meltdown our economy experienced a few years ago and should ease up in the coming months, allowing more purchasers to enter the marketplace. Meanwhile, we expect prices to improve modestly and steadily, and that goes for the state of the close-in Metro market in general.

*Statistics are taken from the Metropolitan Regional Information System for three areas: Washington, D.C., Montgomery County, Maryland; and Fairfax County, Arlington, Alexandria and Falls Church in Virginia.

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AU Park/Tenley 20016 Market Report 3Q 2011

said on October 17th, 2011 filed under: District of Columbia, State of the Market

Market Watch purple

In July, August & September of 2011 there were 113 homes that closed within the 3rd Quarter for 20016 AU Park/Tenley, DC. This was an increase of 2 units, as there were 111 homes that closed in 3Q 2010.

The average original list price for homes that closed in 3Q 2010 was $880,191
The average original list price for homes that closed in 3Q 2011 was $828,104

The average list price at time of sale for homes that closed in 3Q 2010 was $857,255
The average list price at time of sale for homes that closed in 3Q 2011 was $803,906

The average sale price for the homes that closed in 3Q 2010 was $840,721
The average sale price for the homes that closed in 3Q 2011 was Read the rest of this entry »

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Chevy Chase DC 20015 Market Report 3Q-2011

said on October 15th, 2011 filed under: Chevy Chase, State of the Market

Market Watch orange

In July, August & September of 2011 there were 48 homes that closed within the 3rd Quarter for 20015 Chevy Chase, DC. This was an increase of 2 units, as there were 46 homes that closed in 3Q 2010.

The average original list price for homes that closed in 3Q 2010 was $891,498
The average original list price for homes that closed in 3Q 2011 was $915,850

The average list price at time of sale for homes that closed in 3Q 2010 was $878,934
The average list price at time of sale for homes that closed in 3Q 2011 was $887,040

The average sale price for the homes that closed in 3Q 2010 was $864,581
The average sale price for the homes that closed in 3Q 2011 was Read the rest of this entry »

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East Bethesda MD 20814 Homes for Sale 10/14/11

said on October 14th, 2011 filed under: Bethesda

Rosemary Hills

Update for 10/14/2011… 1 new listing, 1 under contract, and 1 price reduction.

All the homes in this article are currently for sale within East Bethesda. The top of the list features the newest listings, while the bottom showcases those that have been on the market for quite some time. I’ll be updating this post every Friday, so be sure to check back to see what’s new, what’s gone, & what might be coming (and check out the date up top… if it’s not current, neither is this information!). I’ve lived in East Bethesda for over 16 years. I’ve sold real estate in East Bethesda for over 12 years. It’s a wonderful neighborhood within walking distance of two metro stops AND downtown Bethesda. While all of this information is available to you on the various search engines, I’ve taken the time to inject my opinion on the condition, pricing, and likelihood of each property selling… or not. I hope you’ll give me a call if you have any questions. I have loved living here over the years, and I want to share it with other enthusiastic people!

@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

4613 W. Virginia Avenue, East Bethesda4613 West Virginia Avenue, $1,175,000
Totally renovated in 2005. This one was on the market for a short while @ December 2010.  5 BR/3.5BA. Large eat-in kitchen opening to family room with cathedral ceilings. New carpet. Quick walk to downtown Bethesda. Fenced yard. Finished, walk-out basement. Detached garage. Days on Market: 1

4624 Windsor4624 Windsor Lane, $729,500
2 BR/2FB cape/bungalow. Walk to NIH metro. Built in 1938. Updated kitchen. The price is ambitious for only 2BR. Lot measures 6,371 s.f. 1-car garage. For sale by owner. Days on Market: 15

Read the rest of this entry »

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Bethesda 20817 & 20818 MD Market Report 3Q 2011

said on October 13th, 2011 filed under: Bethesda, State of the Market

Market watch light blue
In July, August & September of 2011 there were 129 homes that closed within the 3rd Quarter for 20817 and 20818 Bethesda, Maryland. This was an increase of 9 units, as there were 120 homes that closed in 3Q 2010.

The average original list price for homes that closed in 3Q 2010 was $1,086,383
The average original list price for homes that closed in 3Q 2011 was $914,997

The average list price at time of sale for homes that closed in 3Q 2010 was $1,055,197
The average list price at time of sale for homes that closed in 3Q 2011 was $879,300

The average sale price for the homes that closed in 3Q 2010 was $1,011,072
The average sale price for the homes that closed in 3Q 2011 was Read the rest of this entry »

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