Is Logan Over-Price?
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Anonymous
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1, 1.5 in Logan C is still on the market after a month. It looks fairly nice for me. I know that the market is smaller for 1-2 bedroom condo buyers though.
Is just under-400k too high even for a premium location? http://www.dccondoboutique.com/listing/dc9682121-1209-13th-st-nw-603-washington-dc-20005/ |
Anonymous
| Completely off-topic, so I apologize but I used to work at the Wash Post and parked at Thomas Circle right by Logan and my car got broken into ALL THE TIME. I had a professor in the late 90s who invited the class to the new house he and his wife had just bought right on Logan Circle - really large, renovated TH. I remember thinking the guy was insane for living there. Turns out he was insane like a fox. (I bet he paid ~400k or even less for his house. Oh well.) |
Anonymous
| PP that is funny. I sometimes thinking about getting in on Grant Circle. There are still some intact homes up there that aren't overvalued yet. But not yet. |
Anonymous
I've lived there 12 years and my car has been broken into once back in 2006. |
Anonymous
| I love DC condo boutique's website. They do a great job of aiding your search. The condo is just ok. The dues are killing the sale more than price. |
Anonymous
My experience was late 90s - 2001. Lots of change in that area between then and 2006. I was at one of the first shows ever at the Black Cat back in 1993. Yikes! |
Anonymous
Compared to some places I've seen - $273/mo doesn't seem like a lot though? Mine's is $300 - everything but electric included and the stove is gas. |
Anonymous
| Lol I must have misread it. I glanced and thought it was over a $1,000. Sorry about that. In that case, why isn't it gone by now? |
Anonymous
Because it is over $700 a sq ft. |
Anonymous
| Tons of brainpower being deployed in this thread. |
Anonymous
| At 560 sq. feet it's a walk-in closet for 400k. Oh, boy, let's get two! Not. |
Anonymous
| Well I'm still kicking myself over failing to get a one bedroom (that was called a two bedroom) at over $1000/sq ft. If I could undue that decision I would in a heartbeat. This one doesn't look anything like the one I lost out on so maybe the price is too high. |
Anonymous
| Undo |
Anonymous
Did you loose out on the bid or just decide it wasn't worth it before you offered? Also what made the $1,000 per sqft 1-bdrm so amazing? Size? I'd really love to see if it you have a link. |
Anonymous
| Address was cherry hill ln in GT. Had greenhouse ceiling. |