One Million in Mount Rainier
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Anonymous
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Never going to happen ... but interesting that they are trying: https://www.redfin.com/MD/Mount-Rainier/3721-Wells-Ave-20712/home/144230256
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Anonymous
Maybe $850k or 900k if they are lucky. Picture 7/26 shows a bizarre wall. Looks like a 1980s nightclub. |
Anonymous
| I think 800 if they are lucky but the location is terrible and there is no curb appeal. |
Anonymous
| This is a mansion. It has 4,000 sq ft of finished space + 1,000 of sq ft of unfinished space in the crawl space. This is a huge house @ 5k sq ft. |
Anonymous
| There are some really nice houses in Mt. Rainier... and that is not one of them. |
Anonymous
| It's so poorly done. |
Anonymous
| Ohhhh, stainless steel appliances and granite counters. How very 2004! |
Anonymous
| Ohhhh, stainless steel appliances and granite counters. How very 2004! |
Anonymous
| For such a “hot” neighborhood we really attract the wackiest builders and flippers. Fortunately there are a lot of normal homeowners doing good/normal renovations, but those rarely come on the market while there always seem to be two or three crazy pants houses. It doesn’t help that they sit while normal houses sell immediately. I think that adds to the feeling that they are everywhere. |
Anonymous
| ReStore and Lumber Liquidators’ love child. |
Anonymous
What are a few of your favorites? Also, if you're spending a mil, are you going to do that in Mt. Rainier? |
Anonymous
Hence, the million dollar price tag! : ) |
Anonymous
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What the hell is going on here?
And 3 different kinds of finishes in the bathrooms? 
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Anonymous
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There is a development like this near H Street NW. When the neighborhood was getting hot, some developer bought up a half block for cheap and built like 5 or 6 huge row homes there. They are all four stories, 4-5 bedrooms, tons of square footage (like 2x or 3x as much as most surrounding houses). Then listed them all for a million. They sat forever and I think some of them never sold and are still either vacant or rentals. They are ugly with contractor grade finishes, limited outdoor space, and the location itself isn't even that great (located near a busy intersection that can be loud, with limited street parking).
These developers acquire land for cheap and get dollar signs in their eyes when they see what houses in the neighborhood are going for. But just building a cheap, huge house is a dumb use of that resource. The best possible option would be to build a multi-family building and selling all units for slightly less than what a SFH in the neighborhood would go for. So like in Mt. Rainier, if a 1600 st ft SFH would go for 800k, build a multi-unit building with 4-5 residences that sell for 500-600k. You will make more money AND you will sell faster because there will be demand for housing that comes under that 800k mark. Instead they build one giant house with cheap finishes and want MORE than the 1600 sq ft house would go for. Why would anyone buy it? Unless you have four kids, you don't need all that extra space, and most people have enough taste to prefer a charming smaller home than this ugly tract housing. It's just greed combined with poor judgment. |
Anonymous
I don’t think either material is as “out” as you think it is? |