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

[Anonymous]

Anonymous wrote:

Anonymous wrote:1.55 south of H Street… thoughts? https://www.redfin.com/DC/Washington/1305-Maryland-Ave-NE-20002/home/9912684?600390594=copy_variant&231528114=control&1778901559=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

So. much. white. And two of those bedrooms look minuscule. But as a fancy reno with off-street parking, it'll get some attention.

Part of the issue is that those photos are bad. Not a professional photographer, and whoever took them is struggling with over-exposure. I bet that house looks a lot better in person (even though the staging is pretty ugly, IMO). And with some more thoughtful paint choices, it will be really nice.

[Anonymous]

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

PP again. I also wanted to note there are some much better properties listed close to 1m in Trinidad already. Agree that Montello Ave house won't get that ask -- underwhelming house and renovation and not a great part of the neighborhood. But this one over on Orren is much more likely to get it:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I still think it will go under asking but still over 900k. A lot I don't like about the renovation itself, but buyers will see: wider lot, rental potential in basement, off-street parking, multiple outdoor spaces, exposed brick, updated kitchens/baths. The same house 3 blocks south on 12th or 13th would go for over $1m, and the school situation (Miner/EH versus Wheatley) is pretty equal. People can do the math.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Meh, look at the victims and I guarantee you'll see zero million dollar house buying yuppies. In those incidents and any others.

Violent crime is an issue in DC because anyone hurting/killing anyone is a problem, but when you're specifically talking about the safety of million dollar homebuyers it's practically a non-issue. Like 99% of violent crime in DC is gangbangers and wannabe gangbangers beefing with each other. Don't cheat any C-Lo games or steal any hood rats' girls and you'll be fine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Meh, look at the victims and I guarantee you'll see zero million dollar house buying yuppies. In those incidents and any others.

Violent crime is an issue in DC because anyone hurting/killing anyone is a problem, but when you're specifically talking about the safety of million dollar homebuyers it's practically a non-issue. Like 99% of violent crime in DC is gangbangers and wannabe gangbangers beefing with each other. Don't cheat any C-Lo games or steal any hood rats' girls and you'll be fine.

As someone who bought a million-dollar house in a comparable DC neighborhood and then was violently assaulted and robbed in the middle of the day two blocks from that house, I'm not sure your claim is true.

And I'm not sure people in the market for $1 million houses want to live near such people. It limits the market. Some people just will not want to deal with that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Uh, I looked at the map and the three assaults w/ a dangerous weapon you are referring to? Are not in Trinidad but in the "H Street" neighborhood (I mean it's actually silly to differentiate it this way since it's not like something magic happens when you cross Florida avenue, but whatever). Two on Florida and one on I Street. There is one at Montello and Morse but it's furthest away and I don't think it is included in the "three assaults" you are talking about.

Also, if you look at the wider map, there are far more violent crimes along H Street (where many houses sell right off of H for 1m or more in the last year) than in all of Trinidad, even the parts that I personally find feel sketchy, up closer to Mt. Olivet.

So much of this is perception rooted in preconceived notions (and likely racism, and I am fully willing to admit that my sense that the northern parts of Trinidad are "sketchy" are almost definitely rooted in racism and classism) and have nothing to do with the reality. Trinidad is not less safe than H Street or Capitol Hill, sorry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Meh, look at the victims and I guarantee you'll see zero million dollar house buying yuppies. In those incidents and any others.

Violent crime is an issue in DC because anyone hurting/killing anyone is a problem, but when you're specifically talking about the safety of million dollar homebuyers it's practically a non-issue. Like 99% of violent crime in DC is gangbangers and wannabe gangbangers beefing with each other. Don't cheat any C-Lo games or steal any hood rats' girls and you'll be fine.

As someone who bought a million-dollar house in a comparable DC neighborhood and then was violently assaulted and robbed in the middle of the day two blocks from that house, I'm not sure your claim is true.

And I'm not sure people in the market for $1 million houses want to live near such people. It limits the market. Some people just will not want to deal with that.

Sorry you had the bad luck to be in that 1%. Your single point of data is meaningless though when compared to the statistics as a whole.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Uh, I looked at the map and the three assaults w/ a dangerous weapon you are referring to? Are not in Trinidad but in the "H Street" neighborhood (I mean it's actually silly to differentiate it this way since it's not like something magic happens when you cross Florida avenue, but whatever). Two on Florida and one on I Street. There is one at Montello and Morse but it's furthest away and I don't think it is included in the "three assaults" you are talking about.

Also, if you look at the wider map, there are far more violent crimes along H Street (where many houses sell right off of H for 1m or more in the last year) than in all of Trinidad, even the parts that I personally find feel sketchy, up closer to Mt. Olivet.

So much of this is perception rooted in preconceived notions (and likely racism, and I am fully willing to admit that my sense that the northern parts of Trinidad are "sketchy" are almost definitely rooted in racism and classism) and have nothing to do with the reality. Trinidad is not less safe than H Street or Capitol Hill, sorry.

One at Florida between 13th and Trinidad Ave. (2.5 blocks away)
One on Holbrook near Morse (2 blocks away)
One on Staples between Morse and Neal (2.5 blocks away)

I set the parameters as crimes committed within 1,000 feet since Jan. 1.

And on what world is Trinidad as safe as Capitol Hill?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Meh, look at the victims and I guarantee you'll see zero million dollar house buying yuppies. In those incidents and any others.

Violent crime is an issue in DC because anyone hurting/killing anyone is a problem, but when you're specifically talking about the safety of million dollar homebuyers it's practically a non-issue. Like 99% of violent crime in DC is gangbangers and wannabe gangbangers beefing with each other. Don't cheat any C-Lo games or steal any hood rats' girls and you'll be fine.

As someone who bought a million-dollar house in a comparable DC neighborhood and then was violently assaulted and robbed in the middle of the day two blocks from that house, I'm not sure your claim is true.

And I'm not sure people in the market for $1 million houses want to live near such people. It limits the market. Some people just will not want to deal with that.

Sorry you had the bad luck to be in that 1%. Your single point of data is meaningless though when compared to the statistics as a whole.

Care to share those "statistics"?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How long until we start seeing $1M asking prices in Trinidad? This one is almost there:

3BR/3.5BA, 2,315sf, $968,000:
https://www.redfin.com/DC/Washington/1504-Montello-Ave-NE-20002/home/10095264

I get that Trinidad isn’t as bad anymore as people think, and that a nice, large house in Trinidad would probably be worth that in this market. But this is not that house.

It's actually already happened, over a year ago. This house: https://www.redfin.com/DC/Washington/1241-Morse-St-NE-20002/home/10096981

Hard to tell from those photos, but there is an accessory dwelling on the property and that's what pushed it over the 1m mark. Also, these photos look like they were taken before the property was finished because I saw it right before it sold and it looked more done -- it's a really nice renovation. I think it might have sold pre-list, I can't remember. I met the developer and when he told me what he was doing and what he planned to list at, I had to scrape my jaw off the ground. We have lived in Trinidad for about 10 years and I really couldn't believe it. But there it is.

So now when I see these renovated row homes going for around 900k, I am less surprised than I was back then. People have gotten priced out of Capitol Hill and H Street, and Trinidad is an obvious alternative. The funny thing is that a lot of properties in Trinidad are much more desirable from a size/layout standpoint than what I see going for over a million on Capitol Hill these days. Lots in Trinidad are known for being wider and deeper than a lot of nearby neighborhoods -- nice wide federalist-style homes with a lot big enough for two parking spots, a deck, and a yard. That's almost impossible to find on the Hill or along H street. Obviously people gravitate to the Hill for other reasons (schools, transit, proximity to certain amenities) and I know Trinidad still has some rougher spots. Though no rougher than a lot of places in Hill East, for instance.

I think 1m row homes are inevitable here. And I have mixed feelings about it, though obviously there are some benefits for me as a longtime owner here.

One just listed for $995k:

https://www.redfin.com/DC/Washington/1119-Orren-St-NE-20002/home/10305072

I realize that crime in Trinidad is probably overstated and that property crime is far more prevalent than violent crime, but according to the DC crime map, there have been three assaults w/a dangerous weapon within like 2-3 blocks of this address since January. That's at least a little concerning when you're considering a $1 million house.

Uh, I looked at the map and the three assaults w/ a dangerous weapon you are referring to? Are not in Trinidad but in the "H Street" neighborhood (I mean it's actually silly to differentiate it this way since it's not like something magic happens when you cross Florida avenue, but whatever). Two on Florida and one on I Street. There is one at Montello and Morse but it's furthest away and I don't think it is included in the "three assaults" you are talking about.

Also, if you look at the wider map, there are far more violent crimes along H Street (where many houses sell right off of H for 1m or more in the last year) than in all of Trinidad, even the parts that I personally find feel sketchy, up closer to Mt. Olivet.

So much of this is perception rooted in preconceived notions (and likely racism, and I am fully willing to admit that my sense that the northern parts of Trinidad are "sketchy" are almost definitely rooted in racism and classism) and have nothing to do with the reality. Trinidad is not less safe than H Street or Capitol Hill, sorry.

One at Florida between 13th and Trinidad Ave. (2.5 blocks away)
One on Holbrook near Morse (2 blocks away)
One on Staples between Morse and Neal (2.5 blocks away)

I set the parameters as crimes committed within 1,000 feet since Jan. 1.

And on what world is Trinidad as safe as Capitol Hill?

If you look at violent crime statistics for Trinidad versus the parts of Ward 6 closest to commercial centers (H Street NE, Eastern Market/Penn Ave SE, Navy Yard) they are fairly comparable. It's hard to argue Trinidad is significantly less safe. And if you look at other neighborhoods around Capitol Hill, there are others that are clearly more violent but don't have the same reputation. For instance, Kingman Park has seen four murders in the last 5 months, but Trinidad has seen 1. But the average Hill resident considers Kingman Park safer than Trinidad.

I just don't see how Trinidad is more dangerous than these other micro-neighborhoods around the Hill. I understand the history of Trinidad, but if you look at just the last 2-3 years (so long enough to eliminate statistical noise) I simply don't see it as uniquely dangerous when compared to other parts of the neighborhood.

[Anonymous]

3br, 2.5ba for $965k. I can't decide whether living right next door to an Indian restaurant would be the best thing ever or the worst.

https://www.redfin.com/DC/Washington/241-K-St-NE-20002/home/9890845

[Anonymous]

These houses are a block from each other and similar in size. Both pre-renovated, but one requires a complete gut job while the other is livable as is.

$695k - https://www.redfin.com/DC/Washington/517-K-St-NE-20002/home/9896553

$750k - https://www.redfin.com/DC/Washington/413-K-St-NE-20002/home/9895023

[Anonymous]

Anonymous wrote:These houses are a block from each other and similar in size. Both pre-renovated, but one requires a complete gut job while the other is livable as is.

$695k - https://www.redfin.com/DC/Washington/517-K-St-NE-20002/home/9896553

$750k - https://www.redfin.com/DC/Washington/413-K-St-NE-20002/home/9895023

I'd expect them both to escalate off of multiple offers, but especially 413. That's going to look really appealing to a family with young kids even if they can't afford to renovate for a few years. I love that location, even with K being a busier street - close to H Street but without the worst of the noise and trash, close to Union Market, multiple grocery stores walking distance, school situation actually pretty great (J.O. Wilson is pretty good from what I've heard, and plenty of people in that neighborhood will also look at Two Rivers and CHML, both super close), and really, really easy to transit (metro, Marc, buses all extremely close). House is totally livable and has great bones, the patio is awesome. I kind of wish we could move here, actually!

[Anonymous]

Anonymous wrote:

Anonymous wrote:These houses are a block from each other and similar in size. Both pre-renovated, but one requires a complete gut job while the other is livable as is.

$695k - https://www.redfin.com/DC/Washington/517-K-St-NE-20002/home/9896553

$750k - https://www.redfin.com/DC/Washington/413-K-St-NE-20002/home/9895023

I'd expect them both to escalate off of multiple offers, but especially 413. That's going to look really appealing to a family with young kids even if they can't afford to renovate for a few years. I love that location, even with K being a busier street - close to H Street but without the worst of the noise and trash, close to Union Market, multiple grocery stores walking distance, school situation actually pretty great (J.O. Wilson is pretty good from what I've heard, and plenty of people in that neighborhood will also look at Two Rivers and CHML, both super close), and really, really easy to transit (metro, Marc, buses all extremely close). House is totally livable and has great bones, the patio is awesome. I kind of wish we could move here, actually!

Agreed. 517 will get gutted and flipped. 413 looks perfectly livable as it is (if you don't mind window AC). It's not up to trend, and there are certainly projects I'd have on my list if I bought it (central AC would be the first priorty; a new kitchen and finishing the basement would be on the long-term wish list). Only having 1BR will be a deal-breaker for some (OMG, no powder room!), but there's a lot to like about that house. I suspect it will end up selling for around $900k.