625k in "Hip Happening Hyattsville"? Overpriced?

[Anonymous]

Seriously... the majority of people in Del Ray and Alexandria are not working in the local coffee shop. They're commuting into DC.

[Anonymous]

Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.

You might be the only one who thinks that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.

This is what happened in 2009.

Yawn

Thank you for our Monday morning racism

When the market invetitably cools, PG county will still be one of the only counties with a significant portion of affordable SFH for 1st time homebuyers combined with a reasonable commute to the DC area. The beauty in not overpaying for a house in PG is that when the market does dip or cool, you wont be stuck trying to make a huge profit since you overextended yourself in other areas/dont want to sell for less than you paid. The reason PG specifically had such a hard time in 2009 is due to predatory lending practices and people were overleveraged in their homes.

[Anonymous]

Back to the house- guessing this belongs to a young couple? Can we talk about that beautiful bed? I like their style.

[Anonymous]

Omg you guys!! It’s this lady! Or if it’s not, someone find her so she can buy the coffee table!!
https://www.dcurbanmom.com/jforum/posts/list/980946.page



I confess that knowing she’s a dcum poster makes me wonder if she started the thread but who cares, I love the house.

[Anonymous]

Anonymous wrote:Omg you guys!! It’s this lady! Or if it’s not, someone find her so she can buy the coffee table!!
https://www.dcurbanmom.com/jforum/posts/list/980946.page



I confess that knowing she’s a dcum poster makes me wonder if she started the thread but who cares, I love the house.

lol amazing. Is that coffee table damaged though? It doesn't look streaky and bleached. Coffee table lady is this your house?!

[Anonymous]

I think the bed is beautiful but I don’t like the bedspread or the tie dye short curtains.

[Anonymous]

I bet $10 the bed came from the same stylish grandmother as the coffee table.

[Anonymous]

Anonymous wrote:I bet $10 the bed came from the same stylish grandmother as the coffee table.

Yeah, looks like nice inherited antiques mixed with some cheaper, younger accessories. It's a good eclectic mix.

[Anonymous]

Anonymous wrote:Omg you guys!! It’s this lady! Or if it’s not, someone find her so she can buy the coffee table!!
https://www.dcurbanmom.com/jforum/posts/list/980946.page



I confess that knowing she’s a dcum poster makes me wonder if she started the thread but who cares, I love the house.

That’s not the same is it? The one in the link is raffia?

But she won’t need DCUM to sell that house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Omg you guys!! It’s this lady! Or if it’s not, someone find her so she can buy the coffee table!!
https://www.dcurbanmom.com/jforum/posts/list/980946.page



I confess that knowing she’s a dcum poster makes me wonder if she started the thread but who cares, I love the house.

That’s not the same is it? The one in the link is raffia?

But she won’t need DCUM to sell that house.

It’s definitely raffia and I think you can see the staining in the front.

[Anonymous]

Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.

Good. Maybe that will keep prices from going too far out of reach for those of us who need houses to live in instead of seeing them as investments.

I can't help comparing the house in this thread to this one:
https://www.redfin.com/MD/Hyattsville/4219-Nicholson-St-20781/home/10946956

The one on Nicholson is larger and has that actual Sears Craftsman charm going for it, but the one in this thread may be in better condition. I'm going to guess it sells for $725k-$750k.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Omg you guys!! It’s this lady! Or if it’s not, someone find her so she can buy the coffee table!!
https://www.dcurbanmom.com/jforum/posts/list/980946.page



I confess that knowing she’s a dcum poster makes me wonder if she started the thread but who cares, I love the house.

That’s not the same is it? The one in the link is raffia?

But she won’t need DCUM to sell that house.

It’s definitely raffia and I think you can see the staining in the front.

I wouldn’t say that table is “ruined” though. It still looks great. Pp has a great eye though!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.

Good. Maybe that will keep prices from going too far out of reach for those of us who need houses to live in instead of seeing them as investments.

I can't help comparing the house in this thread to this one:
https://www.redfin.com/MD/Hyattsville/4219-Nicholson-St-20781/home/10946956

The one on Nicholson is larger and has that actual Sears Craftsman charm going for it, but the one in this thread may be in better condition. I'm going to guess it sells for $725k-$750k.

Hip Happening language by the same realtor. The one on Nicholson was very updated and charming and a better lot

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I've been scrolling zillow again - what do you all think of this house? 625k seems high to me. I think this agent must have several listings as I've seen variations on "hip happening historic Hyattsville" several times during this zillow sesh.

https://www.zillow.com/homedetails/5303-41st-Ave-Hyattsville-MD-20781/37517368_zpid/

OP curious where you live?

Currently renting in Silver Spring. We were planning on buying in spring/summer 2020 and had Hyattsville on our list, then pandemic happened, and I hadn't realized how much the prices had gone up!

Ahh makes sense why you’re questioning the price … yeah things have changed in a year big time.

I just went through some of the recent sales and yowza, I'm clearly behind! I think 700k for that house would be too much for me even if it was in budget, because I'd just be too nervous about a crash, but what PPs said about the lot/location being gorgeous also makes sense. We had been looking on the side of Hyattsville closer to West Hyattsville or PG Plaza because I'd like to be walkable to a metro. Good to know about Brentwood/Edmonston though.