Petworth House Listed Too Low?

[Anonymous]

Anonymous wrote:This house looks amazing! Based on this market, it seems like it is listed very low. What do people think?

https://www.redfin.com/DC/Washington/5001-9th-St-NW-20011/home/10040292?1280460695=variant&600390594=copy_variant&231528114=variant&1077477207=variant&utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link&utm_campaign=share_sheet

This one will go quick. Love their decor and layout.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house is close to a crime hot spot Given the cribs, that might be why.

I was going to mention the crime in the area but didn't want to get attacked.

Not the case. Owner recently got a promotion and moving back up north to their other home.

This doesn't mean that crime isn't an issue.

[Anonymous]

I get 3 violent crime alerts/day easy in Petworth. Crime is a real issue.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house is close to a crime hot spot Given the cribs, that might be why.

I was going to mention the crime in the area but didn't want to get attacked.

Not the case. Owner recently got a promotion and moving back up north to their other home.

Please ask them where the chair is from. Thanks

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house is close to a crime hot spot Given the cribs, that might be why.

I was going to mention the crime in the area but didn't want to get attacked.

Not the case. Owner recently got a promotion and moving back up north to their other home.

This doesn't mean that crime isn't an issue.

So the guys job knew he lived in a heavy crime neighborhood and offered him a promotion to move? Got it.

[Anonymous]

I got mugged around there a few years back in broad daylight (morning)

[Anonymous]

Corner lots are a dealbreaker, the kitchen is a joke, and the price is delusional

[Anonymous]

It's listed for $1.1 million. That's "very low" for Petworth now?

[Anonymous]

I'm surprised that people are saying that the corner lot is a deal breaker. I'm not in Petworth, but in my part of the city, corner lots usually go for a significant premium.

[Anonymous]

Anonymous wrote:I'm surprised that people are saying that the corner lot is a deal breaker. I'm not in Petworth, but in my part of the city, corner lots usually go for a significant premium.

For me it's not a deal-breaker, but also understanding that living at a 4 way stop could likely affect the value of my home a bit.

The dealbreaker is the area itself. While it's a beautiful house (but with an underwhelming kitchen), you can't change the location.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house is close to a crime hot spot Given the cribs, that might be why.

I was going to mention the crime in the area but didn't want to get attacked.

How much crime?

Well, there were two shootings in Petworth today. Both in the middle of the afternoon.

https://spotcrime.com/DC/Washington

Over a mile from this house though. I don't know that block specifically, but I'm a mile from those shootings as well and our blocks are very peaceful and quiet. It's one thing not to trust the crime rates in DC in general, but "Petworth" covers a huge area and your experience really depends on where exactly you live.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The house is close to a crime hot spot Given the cribs, that might be why.

I was going to mention the crime in the area but didn't want to get attacked.

Not the case. Owner recently got a promotion and moving back up north to their other home.

This doesn't mean that crime isn't an issue.

So the guys job knew he lived in a heavy crime neighborhood and offered him a promotion to move? Got it.

It may not have affected the decision to move, but it absolutely does affect the price.