Are these H St. NE / Capitol Hill houses priced appropriately?
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
Huh. “Buy it now or I’ll just raise the price again!” |
Anonymous
Never thought I'd see close to $2 million north of H Street. 
https://www.redfin.com/DC/Washington/911-3rd-St-NE-20002/home/9892483 |
Anonymous
Both are now pending, no price drop for the F Street house. |
Anonymous
Barring some sort of significant improvement -- and I'm not seeing any based on the photos -- this doesn't make a lick of sense. It's still the same kinda blah rowhouse. |
Anonymous
I think they overshot it by a lot, but I guess if you list for 1.9m, it will make people think the 1.3 or 1.4 it goes for in the end is a bargain. I also have no idea why they bothered with the roof deck. The house has pretty good outdoor space with a deck and a huge parking pad that could easily be partially used for planters/seating/entertaining. That roof deck is never going to get used because it's hard to get to and is going to be annoying to outfit -- it desperately needs some kind of shade, for instance. And if they don't get that wood sealed soon, it's going to warp and look bad pretty quick. Plus it's two floors up from the kitchen, and one floor up from the bathrooms, and the stairs up are going to be awkward for kids and older people in a house that is obviously targeted at families otherwise. To me it was a waste of money to pop up through the roof and install it unless you have a house with no other functional outdoor space and/or a small footprint that that will makes some nice outdoor space particularly desirable. Same with the basement. I think they went overboard and could have dialed it back quite a bit, saved a ton of money on the reno, and left a more flexible space for future owners. But that's just me. Watch them get asking within the month and I eat crow. |
Anonymous
|
A few pages back we talked about the juxtaposition of two houses:
1338 D St NE - nice renovation, IB Miner, $1,275,000 https://www.redfin.com/DC/Washington/1338-D-St-NE-20002/home/9913139 1333 D St NE - "vintage" house, IB Maury, $850,000 https://www.redfin.com/DC/Washington/1333-D-St-NE-20002/home/9913321 I am watching these because I live nearby. Both are now contingent. Can't wait to see the closing numbers. Will report back! |
Anonymous
Agreed. Feels slow here and also in a vacation area we have been eyeing. |
Anonymous
| Will there ever be more homes for sale…. seems like nothing last couple weeks…. |
Anonymous
Seriously. I went looking for new listings to put on here and there wasn't anything worthwhile to add. 722 4th still is on the market, tho. There's something weird about that listing, apart from the fact that they delisted and then raised their asking price. The photos keep changing. |
Anonymous
I am so tired of the now standard open floor plan with all white walls and stainless kitchens. That “vintage” one has a lot of potential - I LOVE the bathroom tile colors and the screened in back porch - would much prefer that to an exposed roof deck! |
Anonymous
Right there with you. The design elements that trigger me are (1) white waterfall kitchen islands, and (2) whatever those black metal stair rails that have bars parallel to the rail (instead of vertical). I don't know what it is about them—maybe I've just seen them too many times as standard flip "features." The first time I saw one, I probably even thought, "Hey, that's kind of cool and modern." Now, my reaction is, "Another? Man, those things must be dead cheap." The vintage one does have a lot of potential, but there are oh so many issues. The brick at the top of the exterior front, for example—is that just a repair that didn't pay much attention to cosmetics? Although why I'm fixating on that when the upstairs looks like it does, I don't know. Anyway, I suspect that when 1333 D ends up back on the market in under a year, it'll look a lot like 1338 D. |
Anonymous
510 3rd St. NE closed today for $1,600,512 (list was $1,595,000). The other is still showing as pending. |
Anonymous
I’ve always loved this house from the outside. I think their exterior color choices are great. Inside is nice, too! |
Anonymous
I actually think it's priced pretty well for that location/size? Seems like a good deal compared to some others that have gone quickly. But maybe I'm drinking the kool-aid on this crazy market |
Anonymous
|
A couple to discuss:
Not on Emerald but at the end of that block on 14th. The photos make it seem a lot like the houses on Emerald, tho, and it's priced like the ones that have recently sold ($899K): https://www.redfin.com/DC/Washington/516-14th-St-NE-20002/home/9912928 Corner of 14th and F, all the outdoor space is in the front of the house, $949K: https://www.redfin.com/DC/Washington/1401-F-St-NE-20002/home/9916041 |