Are these H St. NE / Capitol Hill houses priced appropriately?
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
Is that a gas stove with no hood? |
Anonymous
What it is ... is a stove with no vent, positioned in a way that makes the peninsula unusable, in a 2br house listed for almost $900k ... that went under contract in six days. Sigh. |
Anonymous
| There might be a pop-up vent behind the range. Those are designed to use with cooktops on islands. It hard to see if it’s there though, because they fold down when not in use. |
Anonymous
Really? $920k seems a little steep to me for 1500 sqft and no basement. |
Anonymous
Check the comps. For example this one, which is on a less desirable block: https://www.zillow.com/homedetails/648-G-St-NE-Washington-DC-20002/416980_zpid/ It's an actual house (not a condo) three blocks from Union Station and a 15-minute walk to Capitol offices. Firmly in Capitol Hill (vice "H Street") without the hassle of being in the historic district. If it goes for only $920k, it will be a steal. |
Anonymous
| PP. For many people (including me), lack of basement is a feature, not a flaw. A house on a raised foundation like this will never have to deal with flooding or sewer backwash issues. Security and pest control are a million times easier. |
Anonymous
|
PP @15:12 here. I'm surprised to hear that people see lack of a basement as a feature, though it makes some sense when you explain why. I've been including that or a garage as a must-have because otherwise storage can be a pain. Plus, I'd really like to have a separate family room (I realize this may be unrealistic in Capitol Hill at my price range). I think I'm also a little down on this house because I'm not really a fan of the interior—I'm more a woodwork and/or exposed-brick person.
In terms of price, I was thinking about places like these from this thread: $799,000: 3BR/2BA, 1454 sqft: https://www.redfin.com/DC/Washington/1245-K-St-SE-20003/home/9912233 $799,999: 3BR/2BA, 1900 sqft: https://www.redfin.com/DC/Washington/634-15th-St-NE-20002/home/9915940 $825,000: 3BR/2.5BA, 1593 sqft: https://www.redfin.com/DC/Washington/1358-E-St-SE-20003/home/9914931 $874,900: 4BR/2.5BA, 2601 sqft: https://www.redfin.com/DC/Washington/327-K-St-NE-20002/home/9892477 $899,000: 4BR/3.5BA, 2130 sqft: https://www.redfin.com/DC/Washington/729-K-St-NE-20002/home/9901021 I think it's the comparison to 327 K that makes me think 402 G is overpriced. The former is much more my style and is much larger, but had a lower asking price. Parking and a landlocked back courtyard were problems, though (which is why we didn't make an offer). And of course $875k was only the asking price; I won't be surprised if the settlement price pushes $1 million. Oh, well. If we all liked the same houses, the ones we liked would be even more expensive. |
Anonymous
| Oh, and I realize that most of the houses on that list aren't in quite as nice a spot at 402 G. |
Anonymous
Huge difference in location even though just a few blocks away. |
Anonymous
This. |
Anonymous
The sellers dropped the price on this one by $26k to $799k after a week on the market. It looks kind of skinny, and I'm not a fan of the carpet upstairs, but I'd expect this to go soon if the sellers keep adjusting the price this aggressively. The current price seems like it might be about right, though. |
Anonymous
School district bump alone probably worth $50K. |
Anonymous
|
https://www.redfin.com/DC/Washington/1113-4th-St-NE-20002/home/9894839
Delusional! This one will probably go for $850k. Maaaaybe $899k. Certainly nowhere near $1.14M. |
Anonymous
|
A bunch of homes that didn't sell over the summer have been relisted with lower prices. Also looks like contracts fell through on these two. I think the recent flipper listings in the $1M range have missed the boat -- prices finally seem to be coming back to earth in this neighborhood.
https://www.redfin.com/DC/Washington/808-I-St-NE-20002/home/9902295 https://www.redfin.com/DC/Washington/933-8th-St-NE-20002/home/9902280 |
Anonymous
Alas, no. 1.4 is ridiculous but so is 850. If it ever sells, it’ll be for between 950 and 1.1. |