Are these H St. NE / Capitol Hill houses priced appropriately?
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Anonymous
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What does the collective hive mind think about these? All are either pending or look to move soon - above, at, or below list?
$1,148,000, 3BR/1.5BA, 2,572 sf, 4 days - PENDING Primed for a reno, as it looks pretty dated. Parking, screened porch in back, lots of sf! https://www.redfin.com/DC/Washington/1333-Massachusetts-Ave-SE-20003/home/9914541 $1,449,900, 4BR/3.5BA, 2,744 sf, 6 days - "Hot Home" Lots of sf of living space, fireplace, still has lots of character, beautiful wood throughout, finished basement, hot tub in backyard and detached garage, solar panels. https://www.redfin.com/DC/Washington/1333-Massachusetts-Ave-SE-20003/home/9914541 $1,449,000, 5BR/3.5BA, 2,624 sf, 5 days - "Hot Home" Really love this one. Mix of traditional character with modern finishes. https://www.redfin.com/DC/Washington/120-Kentucky-Ave-SE-20003/home/9911277 $1,197,000, 4BR/3.5BA, 1,726 sf, 7 days - PENDING Recent gut & flip reno with open floorplan, high-end finishes, paver patio in back with grill hookup and pull-up garage door. A bit on the small side. https://www.redfin.com/DC/Washington/253-Tennessee-Ave-NE-20002/home/9913573 |
Anonymous
Edited to put in the correct link for the first house. |
Anonymous
The link for the first one is off—it's the link for 1333 Massachusetts. |
Anonymous
| I imagine the pending ones went above list. The other ones will go soon. Tons of people out there find those capitol hill homes "charming." |
Anonymous
I almost had a heart attack when you said the first one was outdated! The 1333 Mass is gorgeous. I love old homes after having grown up in a house built in 1908. The craftmanship just can't be matched. I hate when they take old homes and make them modern and ruin the character. Then we end up with houses that all look like this. https://www.redfin.com/DC/Washington/1308-Gallatin-St-NW-20011/home/10024918 Can't imagine taking an old house from 1917 and turning into that! |
Anonymous
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Ninja'd! (Some phpBB discussion board show when there have been new posts while you've been composing a reply. Just saying...)
That first one...wow. $1.15 million seems like a lot for a place needing that much work. I guess the market disagrees with me, though. For comparison with 1333 Massachusetts, 1325 Massachusetts recently sold for $1,331,325 (https://www.redfin.com/DC/Washington/1325-Massachusetts-Ave-SE-20003/home/9914529). 1333 Massachusetts is in gorgeous condition, but 1325 was in nice shape, too. The biggest difference may be that the basement of 1333 is finished and ready for use as a family room, while the basement in 1325 was a rental that was going to have to stay that way. Having the family room means 1333 has more usable space, but it also means the buyer won't get any rental income to help pay the mortgage. Also, the outdoor space at 1333 Massachusetts is unfortunate. So much pavement, and the hot tub uses an awful lot of limited space behind the house. I think $1.45 million is too high an asking price for this one given what 1325 Massachusetts sold for, but the market being what it is, I won't be surprised if this ends up selling quickly for more than $1.5 million, either. I think I'd rather have 1333 Massachusetts than 120 Kentucky, though. The black-and-white paint job is not my style. The original unpainted woodwork of 1333 Massachusetts looks much nicer IMO. |
Anonymous
Do you live in an old home now? How often do you have maintenance issues? We bought a 1910 Capitol Hill row home. It was charming for the ten years we we lived there, but I'm ready to move on to something brand new and more accommodating for modern lifestyle, like big walk-in closets and large windows on more than just two walls. |
Anonymous
| ^^Like that Gallatin house. LOL! |
Anonymous
No I live in a newer build but not located in DC anymore. My parents still live in the house I grew up in and have not had any major issues. Only real thing has been some upkeep on the roof, but since it is slate it can be a little pricy. I totally know what you mean about the small closets and other modern amenities. There is only so much you can do with rowhouse as far as space. Especially once you have kids. |
Anonymous
And just like that 1333 Mass. is pending - https://www.redfin.com/DC/Washington/1333-Massachusetts-Ave-SE-20003/home/9914541 |
Anonymous
Haha. That house is objectively nice, but I just hate when you have these beautiful old homes with exposed brick and great woodwork and then turn it into some sterile modern interior. Those types of interiors will not age well. You know how we look at 90s houses with their light wood cabinets and 2 story family rooms that just scream mcmansion? I think that is how most people will feel about interiors like the Gallatin house in 20 years. |
Anonymous
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Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be.
https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724 https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927 Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures. https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211 |
Anonymous
The house on 14th between F and G checks all of the boxes for me and was beautifully redone, but I think it's a bit pricey given its location. More stuff keeps opening up on the far end of H St., but I still think that areas as a whole is about 5 years away from really turning the corner. Also very far from any public transit. I think if that house came in around 1.2-1.25, it would generate a lot more interest and could wind up going for up to 1.4, but I think pricing it that high from the outset may turn some people off. If it were closer to Lincoln Park, I think it would be appropriately priced (or even a bargain). 1008 East Capital is beautiful, miraculously still in Maury. Awesome house, still has so much character. Think that one's appropriately priced, but we'll see. My sense is that houses 1.6 or higher take a little longer to move than most others since there aren't nearly as many people that can afford that amount. 2 6th Street is interesting. Want to see some pictures. No parking is definitely a minus (not sure about this 12-month lease on a parking space; would make me a bit hesitant knowing that I don't have my own permanent spot). Also, the lot size is weirdly small at under 800 sf. That strike anyone else as weird? That said, awesome location. |
Anonymous
I hear you, but a lot of old homes in DC are just that - old. |
Anonymous
For the East Cap house I absolutely love the top floor balcony on that house as well as the one to the left. |