Asking Price: 679k

Sold Price: 660k (I represented the Buyers)

My latest sale was in East Washington Park, or as most refer to it: Wash Park (Denver).  With pop tops and remodels so expensive in this area, my clients decided to buy a bungalow and pop the top for a second floor themselves.  In a low inventory market that we’re currently in, this is a smart strategy, as long as you’re ok with 6 months or so of construction taking place.  Price per sq foot in this area is easily over $400/sq ft currently, and you could add sq footage for roughly $175/sq ft.  Investors call this strategy a value add scenario or creating sweat equity.  Sound like something you’re interested in?  Shoot me a message, happy to discuss all options.

Photos of this Wash Park sale:

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