949k for a 2 bedroom house in bethesda? Really?

[Anonymous]

It is common for two bedroom houses to sell for high prices in the right neighborhoods

[Anonymous]

Nice looking house but I doubt they will get that much...

[Anonymous]

Anonymous wrote:It's a three bedroom with updated bathrooms and kitchen within walking distance of downtown Bethesda. That sounds like a fair price.

it's quite a walk

[Anonymous]

I wouldn't call this house walking distance to the Bethesda Metro. The price is high based on the houses I've seen in the area, (I'm closing on a house in 20817 next week) but it's a great neighborhood.

[Anonymous]

It's not overpriced in that location.

[Anonymous]

I don't think it's overpriced. It sold for $825K in 2005.

[Anonymous]

Anonymous wrote:I wouldn't call this house walking distance to the Bethesda Metro. The price is high based on the houses I've seen in the area, (I'm closing on a house in 20817 next week) but it's a great neighborhood.

The price was just reduced to $899,900. It is easily walking distance to Bethesda Metro or just walk a few blocks and pick up the free Circulator bus on Old Georgetown that will take you to Metro.

[Anonymous]

I went to this open house & there wasn't much traffic at all. I think price will need to be more like $850.

[Anonymous]

Anonymous wrote:I don't think it's overpriced. It sold for $825K in 2005.

Yes, and nothing was overpriced in 2005.

[Anonymous]

It is in the one enclave of the Whitman district where you can walk to downtown Bethesda. Worth it for that alone, but the house does look updated.

[Anonymous]

The notion that isn't a bathroom doesn't negate the fact that there's a third bedroom. I think the bathroom rule applies to some areas of Virginia but it isn't a requirement in most areas. It's a nice house and the location trumps all.

[Anonymous]

Anonymous wrote:I went to this open house & there wasn't much traffic at all. I think price will need to be more like $850.

Based on nearby homes and recent sales, you are probably right. This house is 1819 sf and a comparable house with 1846 sf (better kitchen, less updated baths) sold a few months ago for $865K. The only saving grace for this house that may keep the price up is that it is the only house in the area under $1M. For someone on a budget, the $900K cap may get them into a house without waiting too long.

[Anonymous]

Makes me feel better about spending $1.3m for a house that is a 5-minute walk from that house, but with 3x the square footage and with 6BR/6BA. This was in 2010.

[Anonymous]

Predict: will sell for $860

[Anonymous]

Anonymous wrote:Predict: will sell for $860

Sounds about right. It's a great neighborhood.