WHat do you think of this house in Capitol Hill?

[Anonymous]

http://www.johnedwardsproperties.com/DC-Real-Estate/Washington/124-6th-St-Se-Washington-DC-20003-DC7871140.html

I'm the poster moving to capitol hill and need to find a house before we move to DC. We see this one is priced at $749,000.
Does this seems reasonable? Do you think parking will be an issue? Is this a low asking price or high?
Any input is great!

[Anonymous]

Very close in and great location. Seems like a very good price to me (speaking as someone who lived on the Hill for over 10 years).

[Anonymous]

I wouldn't be surprised if it goes for above list price. The lower level is a rental (which can be good for some people), so the upper portion is only 2 beds, 1 baths. Parking will be kind of an issue, but not too bad.

[Anonymous]

Seems priced about right, maybe a little low. Looks like the basement rental is not legal so that may turn off some buyers.

[Anonymous]

I think it depends on your needs & preferences -- this isn't a lot of space for a family, but it has a lot of good points (super nice location, probably zoned for Brent elem, relatively low asking price, rental unit). Looks like it hasn't been recently renovated. Probably a better deal for a childless couple who don't mind living in a smaller space.

[Anonymous]

For that same price, I prefer this house on Kentucky Ave: http://www.redfin.com/DC/Washington/230-Kentucky-Ave-SE-20003/home/9914668

Not as nicey-nice a neighborhood, but a very nice block close to Lincoln Park, Safeway, and Metro. Big deck and 2-car garage. Big caveat - not zoned for the "good" elementary school.

[Anonymous]

It does seem a little on the low-side (I live close by).

[Anonymous]

I live 2 blocks from there. It is a great area, inbounds for Brent Elementary, parking is not really an issue. Easy walk to Capitol South or Eastern Market Metro. House looks like it needs a face lift, you are paying for location, which is a desirable one.

[Anonymous]

I live pretty close to there. I think it's a great price and you can hardly beat Brent.

Parking should be fine.

[Anonymous]

Does it have a/c? (I can't tell from the pix). If it lacks a/c and parking I think that'd explain the price. It's really pretty, though and if you don't mind sometimes having to walk a couple blocks for a parking space, though, it could really work. Would you rent out the basement? If not, that could be a nice cool place to hang out in summers, even if it's warm upstairs.

[Anonymous]

Price seems fair. Remember to factor in the cost of a moat and drawbridge.

[Anonymous]

Thanks for the input. Do you think offering less is a waste of time?

[Anonymous]

Anonymous wrote:Thanks for the input. Do you think offering less is a waste of time?

Yes, probably, given how quickly things are going on the hill and the lack of inventory ...

[Anonymous]

Anonymous wrote:

Anonymous wrote:Thanks for the input. Do you think offering less is a waste of time?

Yes, probably, given how quickly things are going on the hill and the lack of inventory ...

Pump and dump.

[Anonymous]

It looks really narrow - narrower than most. But it is a great location.

I like the Kentucky Ave one better. It looks much more spacious. I know two families with kids who live in the 100 block and it is a nice neighborhood (although I think the 100 block is nicer than the 200 block).