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

[Anonymous]

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still on the market. The one on 8th has been taken off the market.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still on the market. The one on 8th has been taken off the market.

Neither is really desirable at this price in this market, bad timings. Buyers are confused and APR is high.

[Anonymous]

Someone with a pre approval and a large down payment should put a $800K, no contingencies, quick close offer.

[Anonymous]

Its a great time to negotiate a lower price in areas where prices are bound to go back to above million.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still on the market. The one on 8th has been taken off the market.

I remember another one of those Pickford houses with a spiral staircase being discussed in this thread. Ah, yes—it was 642 Pickford. Here's a post in this thread from just after it closed: https://www.dcurbanmom.com/jforum/posts/list/915/889341.page#20092794. The two houses look eerily similar—close enough that any difference in square footage is probably just measurement error.

I can understand why the sellers of 624 think they can get $850k given that 642 went for nearly $900k, but the August 2022 market is not the May 2021 market. It's going to take more than a $100 price drop to move it.

[Anonymous]

Anonymous wrote:We're still talking about the place on 13th listed for 950k, right?

The powder room issue is not a deal breaker for me but would factor into my decision to not put an offer into that house. If the school boundary was better, it wasn't right off of H Street (too close, IMO, I want another block or so buffer), it had a better kitchen and/or bathrooms (all dated), and the interior layout was better, then I wouldn't let the lack of powder room bother me. But all of those things are problematic (not terrible, just not awesome) which means that then I'm like, "plus guests have to go upstairs or down to pee..." It's not a huge deal but it's just another strike against. I think most buyers will overlook 1-3 issue like that, but not 5 (school, location, layout, dated kitchen/baths, no main floor bath).

I don't know why we're getting fixated on the bathroom thing when I think the ugly kitchen, poor school, and potentially unpleasant location are the bigger issues at that price point.

I do like the front facades on that row of houses on 13th though -- I enjoy walking down that block for that reason and we always look at houses for sale there out of curiosity. But I've never seen one I really liked.

Sorry to chime in a couple of weeks later, but I think you nailed it here. That house has plenty of bigger issues than the lack of a toilet on the main floor. It looks nice from the outside (although I personally prefer unpainted brick, that's a nice shade of blue), but it's too close to H Street and that interior is really unfortunate.

[Anonymous]

Anonymous wrote:We love this block of houses on the 13th St NE block, just south of H St. This one just hit the market and seems on the lower end price-wise, compared to others of this size/location:

https://www.redfin.com/DC/Washington/718-13th-St-NE-20002/home/9909933

Still on the market. Probably needs a price cut.

[Anonymous]

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still for sale and has gotten a massive price cut: $100.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still for sale and has gotten a massive price cut: $100.

Hahaha

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Battle of tiny 2br/1.5ba, about two blocks apart.

Another small one on Pickford for $850k. Spiral staircase will be a deal-breaker for many:

https://www.redfin.com/DC/Washington/624-Pickford-Pl-NE-20002/home/9902489

The elfin house at 8th and Maryland has been on the market for more than a month and has gotten a haircut to $835k.

https://www.redfin.com/DC/Washington/404-8th-St-NE-20002/home/11747066

There are a lot of Hill homes for around a million that have been sitting for a long time in this new normal.

The Pickford house is still for sale and has gotten a massive price cut: $100.

Lol only $100. I thought $100k.
Hahaha

[Anonymous]

https://www.zillow.com/homedetails/1320-Corbin-Pl-NE-Washington-DC-20002/423468_zpid/

Very cute. Thoughts on price?

[Anonymous]

Anonymous wrote:https://www.zillow.com/homedetails/1320-Corbin-Pl-NE-Washington-DC-20002/423468_zpid/

Very cute. Thoughts on price?

IB for Maury, I like that part of the neighborhood. Impressed it's under 900k. If this were May, I'd say it was going for 40k over ask, no question. But now I have no idea. I think they priced it correctly for the current market but the wildcard is what buyers in that price range are thinking. My feeling is that if you can afford a 900k house, this one is mostly upside and even at a higher rate, go for it. But then I'm not that buyer so I don't know.

I love the the natural wood trim and the built ins in the living room. Also love how warm the kitchen is -- it's not "on trend" but I think it has a classic feel. Would want to see the flooring up close -- it looks fine in the photos but I'm always suspicious of flooring changes in houses with this layout. The main issue is when the flooring in the kitchen is noticeably lower quality than the rest of the floor.

[Anonymous]

Anonymous wrote:https://www.zillow.com/homedetails/1320-Corbin-Pl-NE-Washington-DC-20002/423468_zpid/

Very cute. Thoughts on price?

Its priced right. Would've gone for much higher bids if they listed it few months ago.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We're still talking about the place on 13th listed for 950k, right?

The powder room issue is not a deal breaker for me but would factor into my decision to not put an offer into that house. If the school boundary was better, it wasn't right off of H Street (too close, IMO, I want another block or so buffer), it had a better kitchen and/or bathrooms (all dated), and the interior layout was better, then I wouldn't let the lack of powder room bother me. But all of those things are problematic (not terrible, just not awesome) which means that then I'm like, "plus guests have to go upstairs or down to pee..." It's not a huge deal but it's just another strike against. I think most buyers will overlook 1-3 issue like that, but not 5 (school, location, layout, dated kitchen/baths, no main floor bath).

I don't know why we're getting fixated on the bathroom thing when I think the ugly kitchen, poor school, and potentially unpleasant location are the bigger issues at that price point.

I do like the front facades on that row of houses on 13th though -- I enjoy walking down that block for that reason and we always look at houses for sale there out of curiosity. But I've never seen one I really liked.

Sorry to chime in a couple of weeks later, but I think you nailed it here. That house has plenty of bigger issues than the lack of a toilet on the main floor. It looks nice from the outside (although I personally prefer unpainted brick, that's a nice shade of blue), but it's too close to H Street and that interior is really unfortunate.

They knocked $10k off and it's still sitting. They need to cut it significantly more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:https://www.zillow.com/homedetails/1320-Corbin-Pl-NE-Washington-DC-20002/423468_zpid/

Very cute. Thoughts on price?

Its priced right. Would've gone for much higher bids if they listed it few months ago.

I agree. I was at first surprised by the price (seemed low) but given some of the uncertainty in the current market, and higher interest rates, seems about right.