I’m sharing this recent experience to help Chevy Chase home sellers get a feel for the market! Buyers are very active in Chevy Chase and Bethesda. We are seeing full-price and above-asking price offers. The spring home buying season has come early to the DC area!

Right Buyer Found for Distinctive Chevy Chase Home

I have a listing on Davidson Drive that we listed for a price of $3,300,000, after careful research and thought. It is on an acre of land and so there is a possibility of subdivision, but that was not a surety.

The appraiser  thought it could be carved up into four lots if the house was torn down. Both the owner and I were hoping that would not be the case since this is one of the oldest homes in Chevy Chase. Not only is there an abundance of grand architectural detailing, it is embellished by a tremendous amount of history and lore.

Woodrow Wilson was said to have been entertained there during the summer months. There is even a mural in the music room that was hand painted by a well-known DC artist named Olin Dow in 1928. Dow also showed art at the National Gallery. With all the history, character and stately charm of this home, our objective was to find someone who would buy it as their residence and restore it.

Our open house drew 200 people. Many of them were neighbors, but we also attracted interested and curious buyers. Champagne was flowing and the atmosphere was very positive. After only one week of marketing, we received an offer for full price.

Best of all, the buyer seems to be a perfect fit for this wonderful home! They want to live in the property, and possibly subdivide it to allow another home to be built on the land.

Home Sale Success Begins with Expert Real Estate Advice

Having 30 years experience in the Chevy Chase real estate market, I can tell you that pricing very aggressively in a low inventory market creates buyer competition and competitive offers. Also, home staging and taking care of repairs and deferred maintenance will help home sellers net top dollar and a clean sales contract.

My team and I have become very efficient at working toward this end for our seller clients. We have made all of them a great deal of profit, not to mention an easy transition to settlement.

One of my greatest joys in this business after so many years, it to be able to consult and orchestrate the best possible scenario for our clients! We have been very successful in doing this. I am not happy until our clients are raving fans!

Would you like help preparing your Chevy Chase home for the market? Please give me a call for your no-obligation home selling consultation! You could be the next success story in Chevy Chase!

Melinda Estridge
The Estridge Group-Long & Foster Real Estate, Inc.
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