why is this house priced so high?

[Anonymous]

Anonymous wrote:

Anonymous wrote:3400 Sq ft remodeled house in AU Park isn't going to be cheap. Show me lower priced comps that were recently remodeled.

https://www.zillow.com/homedetails/4334-Windom-Pl-NW-Washington-DC-20016/442481_zpid/

Bigger lot, smaller home, not as nice as the one OP posted, priced at 2.2m, and has been sitting for six months.

https://www.zillow.com/homedetails/3105-38th-St-NW-Washington-DC-20016/450256_zpid/?

Similar size, not around the prestigious AU park, priced at 2.1, and has been sitting for six months.

The house OP posted definitely looks nicer than those other two, but it doesn't seem worth 100k or 200k more.

“Prestigious”? Who are you kidding? AU Park is pretty basic. The second one is in a more “prestigious” neighborhood than AU Park (Cleveland Park or Cathedral Heights).

[Anonymous]

OP, just lower the price by 200-300k. The renovations just aren’t very good and are poor. But if you lower the price, you should be in a good position to get an offer.

[Anonymous]

This is inside the Formerly Used Defense site. That’s why it might take a little while to sell but sell high it will

[Anonymous]

Looks like a turnkey flip. People who can afford to overpay just will.