Has there ever been a better time to sell your Washington, DC home and move to Maryland? I don’t know, but now is a great time to make this move.
For starters, the home you’re selling in Washington should sell for a good price. Why? Because it’s a sellers’ market in DC. That means the DC inventory is low and homes are selling faster and for a higher prices that usual. This is great news for you!
And you’re moving to nearby Bethesda, Maryland. The market in Bethesda, although good, is not as strong as DC’s and you will find a more reasonable supply of well-priced inventory.
Combine that with the fact that interest rates are low and you have a winning combination!
So now the question is what do you do first?
Buy your new home in Bethesda, or sell your current home in the District? There is no right answer because each person’s situation is different. The Ron Sitrin Team has 20+ years of experience helping clients solve this problem. In fact, we’ve created a RoadMap to Buying and Selling Your Home that you can download.
Why move from DC to Bethesda?
It’s the perfect combination of a first class school system that is close to DC and has its own unique downtown area.
Benefits of moving to Bethesda:
- Schools: Bethesda-Chevy Chase, Walt Whitman, and Walter Johnson are all top-notch school districts. Keep in mind that homes the Bethesda-Chevy Chase and Whitman school districts are closer to downtown DC/Bethesda and tend to be on larger lots. You can expect to pay more here.
- Location: Bethesda is conveniently located near the Metro. Compared to other suburbs, it’s a reasonable commute into Washington. You’ll have easy access to three stops along the Metro’s Red Line. Canal Road, River Road, Massachusetts Avenue, and Old Georgetown Road provide Bethesda residents with four main arteries into DC.
- Downtown: Bethesda is a veritable destination of its own. You’ll have hundreds of restaurants, cafes, coffee shops, retail, and more nearby. Walkable, convenient, and perfect for an easy night out.
Housing choices and prices:
Homes in Bethesda tend to fall into three categories, original, updated and expanded, and brand new.
Most Bethesda homes were built in the 1950’s. These original homes tend to have smaller kitchens, bathrooms, closets and most have no garage. They can range in size from 1,400 to 2,500 square feet. Expect to pay around $750,000 to $950,000 for these homes.
Many of the original homes have been expanded and renovated. Typically these homes have a two story addition that includes a modern kitchen/family room and a master bedroom suite. You can expect to pay $1 million to $1.4 million for these homes.
New construction in Bethesda is also an option.
About 50 older homes per year are torn down and replaced with new, 6,000 square foot, homes. These new homes have all the modern amenity buyers are looking for. You can expect to pay $1.7 – 2.2 million for these homes.
To help with your move from Washington to Maryland, the Ron Sitrin Team created a Roadmap, which will give you the big picture on how to make a successful move.
Why choose the Ron Sitrin Team?
Ron Sitrin and his team of hardworking professionals really care about helping you every step of the way. We spend ample time at the beginning of the journey, understanding your wants, needs, and challenges, and creating the best strategy for you. We provide you with all the information you need to make informed decisions.
Schedule a 90-minute meeting with Ron Sitrin and you will learn what it takes to sell your DC home and buy a new home in Bethesda.
Our clients love this introductory meeting because it provides them with clear picture of every step along the way. It’s what we call “Getting Oriented,” and it’s the first stop on the Roadmap.
For those considering the move, now is an exceptionally good time; if you want to learn why, call Ron Sitrin to set up your private, orientation meeting: 202-321-4677.