What do we think? Friday in AU Park Edition ($1.575k)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For $1.5M, I really wouldn't want to live in AU Park.

I'll agree, but only because I wouldn't want to own the biggest and therefore most expensive house in the neighborhood (never a wise investment), not because AU Park isn't an awesome place to live, because it is.

I think if this house was on one of the rare big lots in the neighborhood it might have a chance at selling for $1.4 but it's a small corner lot and they have basically done everything they can with the footprint and yard. Also if I have $1.6 to throw at a house, I'm GOING to want a garage because I'm also the type of person who has a really nice car. For the record, there are plenty of bigger, better and therefor more expensive houses in the neighborhood. The really popular trend for this neighborhood seems to be a guesthouse/garage once you've done everything you can with the main house and this property obviously can't provide that so I can't imagine it going for anything more than $1.3 but I guess we'll see.

As for the garage, amazingly, the newly built house near Ft. Bayard on 47th recently sold for 1.6M:

https://www.redfin.com/DC/Washington/4927-47th-St-NW-20016/home/9947726

No garage. That said, it was a newly built house (rare in the neighborhood) and pretty nicely done. Lot slightly bigger.

1) New build

2) nicely appointed

3) wooded lot...better lot, better curb appeal

4) house is larger

I agree. All I was saying that no garage is not necessarily a deal breaker at that price in AU Park.

And there's actually room to put a garage if they really wanted to. It's not necessarily a deal breaker but for $1.5 or $1.6 I think a lot of buyers want a garage or at least off street parking-especially with all of the parking signs going up.

What does that mean? I agree that someone who buys in that price range will probably want a garage, but not because street parking is tight. This place is far enough from Wisconsin that street parking should be easy.

[Anonymous]

Street parking would not be a deal breaker for me but paying way way over market value would be. Plus there's very little storage space in that kitchen.

[Anonymous]

If this house is not selling it means that people no longer want to live in a DC area where you have to pay almost s million and a half for a starter home. There are much better cities in which to enjoy my life and spend my money, for that price. Years ago, many of my DC's college friends expressed an interest in coming to the DMV to work after graduation, but now not a single one cares to. This region has priced itself out of economic vibrancy and viability.

[Anonymous]

You speak nonsense.

So, if it sells, does that mean DC is booming again? Nope. The sale means nothing. The lack-of-a-sale means nothing (other than the price is too high). It is not a referendum on the city. Nice try though.

[Anonymous]

Anonymous wrote:If this house is not selling it means that people no longer want to live in a DC area where you have to pay almost s million and a half for a starter home. There are much better cities in which to enjoy my life and spend my money, for that price. Years ago, many of my DC's college friends expressed an interest in coming to the DMV to work after graduation, but now not a single one cares to. This region has priced itself out of economic vibrancy and viability.

you don't have to pay a million and a half for a starter home in DC. several forever homes have sold around me in CCDC in the past months for well below that price.

[Anonymous]

Anonymous wrote:Ok BACK TO THE AU HOUSE!

House has been on the market for 2 weeks. In this market, it should be under contract already....unless its priced too high. So I stand by my first observation - its over priced by $200K.

And like another PP said. For $1.5M, not sure Id live in AU Park.

Curious. Why not? What's wrong with it? How is it different from Chevy Chase, DC?

[Anonymous]

Anonymous wrote:If this house is not selling it means that people no longer want to live in a DC area where you have to pay almost s million and a half for a starter home. There are much better cities in which to enjoy my life and spend my money, for that price. Years ago, many of my DC's college friends expressed an interest in coming to the DMV to work after graduation, but now not a single one cares to. This region has priced itself out of economic vibrancy and viability.

This house shows nothing about DC, but your post shows that you have a grossly inflated idea of what a "starter home" should be. Or, for that matter, what a "forever home" needs to be.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For $1.5M, I really wouldn't want to live in AU Park.

I'll agree, but only because I wouldn't want to own the biggest and therefore most expensive house in the neighborhood (never a wise investment), not because AU Park isn't an awesome place to live, because it is.

I think if this house was on one of the rare big lots in the neighborhood it might have a chance at selling for $1.4 but it's a small corner lot and they have basically done everything they can with the footprint and yard. Also if I have $1.6 to throw at a house, I'm GOING to want a garage because I'm also the type of person who has a really nice car. For the record, there are plenty of bigger, better and therefor more expensive houses in the neighborhood. The really popular trend for this neighborhood seems to be a guesthouse/garage once you've done everything you can with the main house and this property obviously can't provide that so I can't imagine it going for anything more than $1.3 but I guess we'll see.

As for the garage, amazingly, the newly built house near Ft. Bayard on 47th recently sold for 1.6M:

https://www.redfin.com/DC/Washington/4927-47th-St-NW-20016/home/9947726

No garage. That said, it was a newly built house (rare in the neighborhood) and pretty nicely done. Lot slightly bigger.

1) New build

2) nicely appointed

3) wooded lot...better lot, better curb appeal

4) house is larger

I agree. All I was saying that no garage is not necessarily a deal breaker at that price in AU Park.

And there's actually room to put a garage if they really wanted to. It's not necessarily a deal breaker but for $1.5 or $1.6 I think a lot of buyers want a garage or at least off street parking-especially with all of the parking signs going up.

What does that mean? I agree that someone who buys in that price range will probably want a garage, but not because street parking is tight. This place is far enough from Wisconsin that street parking should be easy.

I've noticed that over the past several years more zone permit signs have been going up. Used to just be immediately around Tenelytown, Friendship and AU but they keep creeping down River and all of the side streets. Finding street parking is not a problem but getting ticketed because you don't have a permit is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For $1.5M, I really wouldn't want to live in AU Park.

I'll agree, but only because I wouldn't want to own the biggest and therefore most expensive house in the neighborhood (never a wise investment), not because AU Park isn't an awesome place to live, because it is.

I think if this house was on one of the rare big lots in the neighborhood it might have a chance at selling for $1.4 but it's a small corner lot and they have basically done everything they can with the footprint and yard. Also if I have $1.6 to throw at a house, I'm GOING to want a garage because I'm also the type of person who has a really nice car. For the record, there are plenty of bigger, better and therefor more expensive houses in the neighborhood. The really popular trend for this neighborhood seems to be a guesthouse/garage once you've done everything you can with the main house and this property obviously can't provide that so I can't imagine it going for anything more than $1.3 but I guess we'll see.

As for the garage, amazingly, the newly built house near Ft. Bayard on 47th recently sold for 1.6M:

https://www.redfin.com/DC/Washington/4927-47th-St-NW-20016/home/9947726

No garage. That said, it was a newly built house (rare in the neighborhood) and pretty nicely done. Lot slightly bigger.

1) New build

2) nicely appointed

3) wooded lot...better lot, better curb appeal

4) house is larger

I agree. All I was saying that no garage is not necessarily a deal breaker at that price in AU Park.

And there's actually room to put a garage if they really wanted to. It's not necessarily a deal breaker but for $1.5 or $1.6 I think a lot of buyers want a garage or at least off street parking-especially with all of the parking signs going up.

What does that mean? I agree that someone who buys in that price range will probably want a garage, but not because street parking is tight. This place is far enough from Wisconsin that street parking should be easy.

I've noticed that over the past several years more zone permit signs have been going up. Used to just be immediately around Tenelytown, Friendship and AU but they keep creeping down River and all of the side streets. Finding street parking is not a problem but getting ticketed because you don't have a permit is.

Why would you not have a permit if you live there?

[Anonymous]

Anonymous wrote:

Why would you not have a permit if you live there?

I know someone who lives on a street in AU Park that doesn't have the 'Zone 3 permit parking' sign, so he was not issued a permit for his car. So - even though he lives here, when he comes to my house, where we do have the sign, technically he shouldn't park for more than 2 hours in the day time.

However, there are cars from other zones, MD and VA that park on my street for days and no one says anything.

Anyways, I don't think the garage thing is a big issue, but I wanted to answer PP's question - it can actually happen that you live here and don't have a permit.

[Anonymous]

Anonymous wrote:Pasadena?? What the heck does that have to do with anything? I can probably buy a palace in Micronesia for this money, but who gives a shit?

This AU Park house has a small yard, like many in that neighborhood, and most of the rooms are not particularly spacious. Kitchen feels cramped. Basement is small. Just because the owners have a reasonably good decorating eye doesn't translate into house value!

Not unless your are micronesian or married a local but yes that would buy you quite a bit. Note construction costs are huge due to their isolation so be prepared for a cement home.

Points for even known about Micronesia, lived on Pohnpei for a few years doing a post doc and I still can barely find it on a map Nice place if you would like to get off the grid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Why would you not have a permit if you live there?

I know someone who lives on a street in AU Park that doesn't have the 'Zone 3 permit parking' sign, so he was not issued a permit for his car. So - even though he lives here, when he comes to my house, where we do have the sign, technically he shouldn't park for more than 2 hours in the day time.

However, there are cars from other zones, MD and VA that park on my street for days and no one says anything.

Anyways, I don't think the garage thing is a big issue, but I wanted to answer PP's question - it can actually happen that you live here and don't have a permit.

So your friend's issue really is that his street isn't zoned, which others have described as the preferable scenario. This really isn't an issue of not having a permit to park by your house, this is a visitor's issue. I guess there are possible problems that arise when some streets within a neighborhood are not zoned while most are. Overall, I think zoning is in favor of the residents because it protects their parking options. Also, many people aren't aware that a "Zone 3" sticker isn't valid within all of zone 3 - it's only valid within your ANC. So even if your friend had a sticker, he might not be able to park in front of your house for extended periods during business hours if he is over the line to another ANC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Why would you not have a permit if you live there?

I know someone who lives on a street in AU Park that doesn't have the 'Zone 3 permit parking' sign, so he was not issued a permit for his car. So - even though he lives here, when he comes to my house, where we do have the sign, technically he shouldn't park for more than 2 hours in the day time.

However, there are cars from other zones, MD and VA that park on my street for days and no one says anything.

Anyways, I don't think the garage thing is a big issue, but I wanted to answer PP's question - it can actually happen that you live here and don't have a permit.

So your friend's issue really is that his street isn't zoned, which others have described as the preferable scenario. This really isn't an issue of not having a permit to park by your house, this is a visitor's issue. I guess there are possible problems that arise when some streets within a neighborhood are not zoned while most are. Overall, I think zoning is in favor of the residents because it protects their parking options. Also, many people aren't aware that a "Zone 3" sticker isn't valid within all of zone 3 - it's only valid within your ANC. So even if your friend had a sticker, he might not be able to park in front of your house for extended periods during business hours if he is over the line to another ANC.

PP again. Also, why can't your friend use your visitor's pass? The only time we had those issues was when we had lost our visitor's pass at the time my parents visited.

[Anonymous]

Who is the poster with the Micronesia obsession? As a fellow Micronesian expat I say it is time to get over it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Why would you not have a permit if you live there?

I know someone who lives on a street in AU Park that doesn't have the 'Zone 3 permit parking' sign, so he was not issued a permit for his car. So - even though he lives here, when he comes to my house, where we do have the sign, technically he shouldn't park for more than 2 hours in the day time.

However, there are cars from other zones, MD and VA that park on my street for days and no one says anything.

Anyways, I don't think the garage thing is a big issue, but I wanted to answer PP's question - it can actually happen that you live here and don't have a permit.

So your friend's issue really is that his street isn't zoned, which others have described as the preferable scenario. This really isn't an issue of not having a permit to park by your house, this is a visitor's issue. I guess there are possible problems that arise when some streets within a neighborhood are not zoned while most are. Overall, I think zoning is in favor of the residents because it protects their parking options. Also, many people aren't aware that a "Zone 3" sticker isn't valid within all of zone 3 - it's only valid within your ANC. So even if your friend had a sticker, he might not be able to park in front of your house for extended periods during business hours if he is over the line to another ANC.

That's not true. Visitor parking passes are ANC only but if you have a zone sticker you can park anywhere in the zone, not just your ANC. I do it all the time.