Why isn't this house selling Michigan Park

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Michigan Park and Brookland do not yet command that price point. for that money they can be in a SAFE neighborhood that is not in the midst of regentrifying.


I think you are out of touch with Brookland. I will agree that perhaps, Michigan Park does not (yet) command that price point, but a SFH in Brookland certainly does.

http://www.trulia.com/real_estate/Brookland-Washington/1802/market-trends/

http://www.trulia.com/for_sale/1802_nh


That's a beautiful house, but I can't imagine anyone paying over $1 million in Brookland. And I live in NE, so I'm not a NW partisan. That just seems really high.

I agree! I am the quoted PP and a Brooklander, but that is what houses are going for now. It's a little insane.

Have any actually sold for anything close to that? It just seems like such an outlier, judging by the houses on the map at the top in that first link. I'm not criticizing, just genuinely curious, since I can sort of imagine moving there someday for more space. But not for $1 million!

[Anonymous]

OMG that house price is INSANE.

[Anonymous]

I think the $1M house is an outlier. I was originally posting to show the earlier poster that, yes, Brookland does command $500K or more these days. Some people are just a tad out of touch with what is going on in NE DC.

[Anonymous]

There have been some $900+ SFH in Brookland, yes. It's staggering, but true.

[Anonymous]

I agree that Brookland is LONG past the $500k mark, but really don't think that's the case for Michigan Park, especially the far reaches.

[Anonymous]

I agree that Brookland is LONG past the $500k mark, but really don't think that's the case for Michigan Park, especially the far reaches.

Yep, I agree. many SFH in Brookland are getting into the $600-800K mark, but not yet for Michigan Park. I've noticed some of the more affordable "Brookland" homes are actually in what most consider Michigan park.

[Anonymous]

The house posted is actually North Michigan Park, and literally on Eastern! As far east as you can get...

[Anonymous]

North Michigan Park is actually quieter, fewer house renters, and more stable than Michigan Park and Brookland. It has the "stigma" of being closer to PG County than the other neighborhoods.

[Anonymous]

Anonymous wrote:It's a pokey little house in a suburban like setting without all the suburban advantages like decent neighborhood public schools.

Yep. And it also lacks the advantages of a desirable urban neighborhood, like walking to food/shopping and metro.

[Anonymous]

Personally, I'd rather go across the street to Mt. Rainier and get a much nicer house for $200k less.

http://www.homesnap.com/MD/Mount-Rainier/3605-Eastern-Avenue

[Anonymous]

Mt. Rainier has cute houses but a very poor school system.

[Anonymous]

Anonymous wrote:Mt. Rainier has cute houses but a very poor school system.

$200K buys a lot of private school. And I don't think anyone is thrilled with the by-rights school of the Eastern Avenue DC house either.

[Anonymous]

At the least, Catholic school is 1500 a month with aftercare plus increased commuting costs.