Are these H St. NE / Capitol Hill houses priced appropriately?

[Anonymous]

What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808

[Anonymous]

Anonymous wrote:What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808

The Wylie house has gone pending twice since it was first listed in October. Maybe the inspection turns up something? Otherwise the inside seems okay, if very, very small. And I'm not sure I'd want to be across an alley from a strip of restaurants. You're basically backing up to a row of dumpsters and everything that goes along with that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808

The Wylie house has gone pending twice since it was first listed in October. Maybe the inspection turns up something? Otherwise the inside seems okay, if very, very small. And I'm not sure I'd want to be across an alley from a strip of restaurants. You're basically backing up to a row of dumpsters and everything that goes along with that.

I always wonder this. We live in the neighborhood but have been looking to move to something larger for a while, and I'm always baffled by the pricing for places that share an alley with H Street businesses. They are often higher than things a few blocks away! It's not just the dumpsters and potential for rats, it's also the noise and traffic issues. I'm not surprised this place is sitting. It also doesn't have parking.

I do like the little office nook they put into the landing upstairs though. It's a thoughtful addition given how tight the house is overall. We currently live in a 2 bed/2 bath with a couple extra hundred square feet and don't have anything like that, and wish we did.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808

The Wylie house has gone pending twice since it was first listed in October. Maybe the inspection turns up something? Otherwise the inside seems okay, if very, very small. And I'm not sure I'd want to be across an alley from a strip of restaurants. You're basically backing up to a row of dumpsters and everything that goes along with that.

I always wonder this. We live in the neighborhood but have been looking to move to something larger for a while, and I'm always baffled by the pricing for places that share an alley with H Street businesses. They are often higher than things a few blocks away! It's not just the dumpsters and potential for rats, it's also the noise and traffic issues. I'm not surprised this place is sitting. It also doesn't have parking.

I do like the little office nook they put into the landing upstairs though. It's a thoughtful addition given how tight the house is overall. We currently live in a 2 bed/2 bath with a couple extra hundred square feet and don't have anything like that, and wish we did.

A house across the street on Wylie sold for $575k in December. It doesn't have a powder room like the above listing but also does not back up to the H Street restaurants, either. That one also needed a number of price drops before finding a buyer.

https://www.redfin.com/DC/Washington/1226-Wylie-St-NE-20002/home/9909819

[Anonymous]

Anonymous wrote:What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Why are the Smiths (the "To Hill With the Suburbs" people) trying to write like Tom Faison?

[Anonymous]

Here is the full listing. Why do people put up auto this garbage?

New CAC, high velocity. Hot water radiator heat . Copper water service; new TPO roof, 200 amps of electric One way parking with a bike lane on a relatively quiet stree. Parking w a retractable roll up gate. Deep back yard. Alarmed… most new thermal pane windows, big Franklin wood stove, wood floors, patio. This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. This is a gem with a desire for someone with an attentive hand to save the beautiful traditional features and add new amenities. It has a deep yard, off. Street parking , a full unfinished basement, a rocking porch ( I have the rocker!) and the systems are either new or nearly new. All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… still your agent will have to agree, equity rests awaiting a buyer with the vision to see. H st corridor, Eastern Market, Union Square, Barracks Row offer new menu venues from around the world. The Hill is surrounded by metros stops, metro uses, bike share with bike lanes, scooters Amtrack, highway arteries with easy access from the Hill in all directions, 66,81,50 95, etc. Near Museum, monuments, merchants, malls, government offices, NIH, Smithsonian, Hospitals, arboretums, two rivers, near three airports. We might be the new center of the world… again.

[Anonymous]

1.5 mi. !!! Thoughts ? https://www.redfin.com/DC/Washington/900-10th-St-NE-20002/home/9904025?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

[Anonymous]

Anonymous wrote:1.5 mi. !!! Thoughts ? https://www.redfin.com/DC/Washington/900-10th-St-NE-20002/home/9904025?600390594=copy_variant&231528114=control&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

This one is on my dog-walking route so I've been watching it for a while. I'm not surprised by the price based on the size of the house and how long they took to reno. The photos of the interior look nice, but I was really impressed by the work they put into the yard. It's a corner lot which can be kind of challenging along I Street because of the way the houses sit so close to the sidewalk. There have been a bunch of corner flips over the last few years and most don't have such a private and usable outdoor space as this one. It makes a big difference because with a house that size it's nice to have a proper back yard and not just a little back deck, or have to go upstairs to a deck for outdoor space.

[Anonymous]

Anonymous wrote:

Anonymous wrote:1.5 mi. !!! Thoughts ? https://www.redfin.com/DC/Washington/900-10th-St-NE-20002/home/9904025?600

This one is on my dog-walking route so I've been watching it for a while. I'm not surprised by the price based on the size of the house and how long they took to reno. The photos of the interior look nice, but I was really impressed by the work they put into the yard. It's a corner lot which can be kind of challenging along I Street because of the way the houses sit so close to the sidewalk. There have been a bunch of corner flips over the last few years and most don't have such a private and usable outdoor space as this one. It makes a big difference because with a house that size it's nice to have a proper back yard and not just a little back deck, or have to go upstairs to a deck for outdoor space.

Is $1.5M really the going rate for 2,000 sf north of H now? That seems crazy to me.

[Anonymous]

$1.3 million seems low for this one, with a rental unit on the first floor that actually has a C of O?

https://www.redfin.com/DC/Washington/1101-Maryland-Ave-NE-20002/home/9908185

[Anonymous]

Anonymous wrote:$1.3 million seems low for this one, with a rental unit on the first floor that actually has a C of O?

https://www.redfin.com/DC/Washington/1101-Maryland-Ave-NE-20002/home/9908185

It’s a really weird layout. Family sized but not family friendly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems priced to go quickly at $975 for a 3br/2.5 bath in that location... Thoughts?

https://www.redfin.com/DC/Washington/128-10th-St-NE-20002/home/9904574

I hope that's right because we have exactly the same house a block away! (Minus the brand new kitchen.)

What do we think about the old floors? We have the same ones, and I hate them with a passion. But I hear they sell.

Love the house, the floors, and the location. And frankly don’t like what they did in the kitchen and would prefer I renovated. PP, you guys selling a time soon

We went to the open house for this one today. The floors are in worse condition than they look in the pictures, but probably not so bad as to be a deal-killer on their own. The fridge and stove are seriously huge—way too big for a kitchen that small, IMO. And the basement ceiling is only 6', so tall buyers need not apply. I still think it's going to go quickly for more than asking price, though.

This ended up going at asking price for $975k. Even with the problems, I’m surprised it didn’t go for over asking.

[Anonymous]

Anonymous wrote:What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808

The G Street house now seems to have been taken off the market. Wylie Street house still sitting.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Remember the saga of 1335 Emerald? A real estate agent bought it, flipped it, and re-listed it three months later for just shy of a million. Do you think the cheap cosmetic upgrades are worth the $300k markup? I'm impressed they were able to shove in another bathroom in such a short amount of time, hopefully in a manner that won't cause leaks or other plumbing headaches.

https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879

Still on the market. Needs a price reduction.

It just got one, but only by $20k. I doubt that a drop in asking price from $995,000 to $975,000 is enough, but I guess we'll see.

The price needs to come down way more than that. No matter how much they changed cosmetically, that's still a very small house, and adding a full bath probably made it even more cramped.

They'll start getting offers pretty quickly if they drop it to like $925k.

Unsurprisingly, this is still on the marktet.

After price shops, now contingent. Wondering what it finally sold for...
Probably needs another $50k chopped off the price. Just stupidly overpriced.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Remember the saga of 1335 Emerald? A real estate agent bought it, flipped it, and re-listed it three months later for just shy of a million. Do you think the cheap cosmetic upgrades are worth the $300k markup? I'm impressed they were able to shove in another bathroom in such a short amount of time, hopefully in a manner that won't cause leaks or other plumbing headaches.

https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879

Still on the market. Needs a price reduction.

It just got one, but only by $20k. I doubt that a drop in asking price from $995,000 to $975,000 is enough, but I guess we'll see.

The price needs to come down way more than that. No matter how much they changed cosmetically, that's still a very small house, and adding a full bath probably made it even more cramped.

They'll start getting offers pretty quickly if they drop it to like $925k.

Unsurprisingly, this is still on the marktet.

After price shops, now contingent. Wondering what it finally sold for...
Probably needs another $50k chopped off the price. Just stupidly overpriced.

Didn't go pending until after it was reduced to $940K. I wonder if they even got that.