Thoughts on this little house in Bethesda?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

No one is stopping anyone else from buying it and remodeling it.

True, however that non-developer would need to come in with 1) all cash 2) no contingencies NONE 3) quick close
It's going to be hard to find someone who is not a developer who is willing to plop down $800K+ in cash, for THAT house. Sorry but it's reality. A person who is buying wants to buy something to live in now, not a year from now. And they don't want to be in the shadow of two homes, literally in the shadow.

BS you can buy, paint, fix yourself easy to do on a small home. My first home 1,300 sf was a real fixer upper. Was filthy and wrecked. I had no budget. But I did pay to have floors sanded, cleaned 5 days before hiring pro cleaners for day, then threw painting party had 12 people over with pizza and beer for a ten hour day. Fixed all Minor stuff and moved in.

Guess what it can be done. This house pretty easy move in and in And ten years dormer it with a second floor

Where did I say it couldn't be done? I said it's going to be hard to find someone who fits that criteria of the 3 things I listed along with living the looming shadows of those surrounding homes. Also I bet you dollars to pizza+beer that you didn't plunk down $800K in cash for that cute little 1300 sf fixer. No way to prove otherwise but I know you didn't. At this price point you are more likely have a buyer who wants to move in now and live there now, not a year from now. And not with all the contingencies being out of the question.

[Anonymous]

It's too cute to be sandwiched between those vinyl sided monstrosities. Might as well just add another one to the mix. Sigh. Will they all touch? Ugh.

[Anonymous]

Cute and far too expensive for the lot size and neighborhood. Would love to find small and cute in Bethesda not sandwiched between two mega-mansions!

[Anonymous]

Super cute but not in great repair and, like, half a block from Suburban.

[Anonymous]

Anonymous wrote:Super cute but not in great repair and, like, half a block from Suburban.

I don't think being half a block from Suburban is a problem but it's not easily walkable to much (except the CYM trolley) (wonder if the agent even knows how many "steps" it is to Bethesda metro). Does have good bike path access though...

[Anonymous]

Anonymous wrote:Cute and far too expensive for the lot size and neighborhood. Would love to find small and cute in Bethesda not sandwiched between two mega-mansions!

What’s wrong with the neighborhood? This is a great location

[Anonymous]

This house needs a lot of work. For that price you can buy one in much better shape.

[Anonymous]

Anonymous wrote:This house needs a lot of work. For that price you can buy one in much better shape.

Not in Bethesda that close to metro

[Anonymous]

Anonymous wrote:

Anonymous wrote:Super cute but not in great repair and, like, half a block from Suburban.

I don't think being half a block from Suburban is a problem but it's not easily walkable to much (except the CYM trolley) (wonder if the agent even knows how many "steps" it is to Bethesda metro). Does have good bike path access though...

Wouldn't you get ambulance noise and hospital visitors parking in neighborhood outside of permit hours?

[Anonymous]

Anonymous wrote:This house needs a lot of work. For that price you can buy one in much better shape.

And that's why only a developer or flipper will buy it. No one in their right mind, unless they have nothing but a lot of time and a lot of money on their hands is going to buy this, I don't care if it's in Bethesda or Tim Buk Too

[Anonymous]

It’s already pending.

[Anonymous]

Anonymous wrote:It’s already pending.

Yep, no surprise. That was ripe for the developer-picking.

[Anonymous]

Anonymous wrote:I wouldn't buy for the location

Yeah.... yikes.

[Anonymous]

Another monstrosity’s going to come up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And this is why houses are overpriced. A young newlywed couple should buy it, put sweat equity in and live in it 10-15 years and move out when 2-3 kid comes and let next young couple or empty Nestor but it.

Instead a huge overpriced unaffordable ugly big box of a house with high property taxes built. An affordable home home forever

+1 The text says that you can build your dream home. This already is someone’s dream home. I saw a meme on FB recently that I can’t shake - it was basically your home is a dream for the homeless, your job is a dream for the unemployed, etc.

Agree with you 100%, PP.

No one is stopping anyone else from buying it and remodeling it.

True, however that non-developer would need to come in with 1) all cash 2) no contingencies NONE 3) quick close
It's going to be hard to find someone who is not a developer who is willing to plop down $800K+ in cash, for THAT house. Sorry but it's reality. A person who is buying wants to buy something to live in now, not a year from now. And they don't want to be in the shadow of two homes, literally in the shadow.

BS you can buy, paint, fix yourself easy to do on a small home. My first home 1,300 sf was a real fixer upper. Was filthy and wrecked. I had no budget. But I did pay to have floors sanded, cleaned 5 days before hiring pro cleaners for day, then threw painting party had 12 people over with pizza and beer for a ten hour day. Fixed all Minor stuff and moved in.

Guess what it can be done. This house pretty easy move in and in And ten years dormer it with a second floor

Gonna start calling you "sweat equity" guy.

This house is almost 90 years old. For it to be a sweat equity project you'd need for it to have been kept in a state of decent repair for that last 90 years. And tehre's little to no chance of major appreciation even if you did put all your blood, sweat, and tears into it. We're in a different age, Gramps. Sorry.