Are these H St. NE / Capitol Hill houses priced appropriately?
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Anonymous
I used to rent a house near here. I don’t care how nice the house is, there is no way I would pay that much money for that area. |
Anonymous
That pop-up is atrocious. This house is about a block and a half outside the Capitol Hill Historic District, which is why they were able to get away with it. |
Anonymous
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New on Emerald Street!
https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879 And does location location location trump the fact that this is almost $700k for a one-bedroom condo with a rather lackluster interior? https://www.redfin.com/DC/Washington/101-2nd-St-NE-20002/unit-3/home/9891708 |
Anonymous
This has tons of curb appeal. Turns out that just about the only thing I like about it. The inside is in serious need of renovation.
A condo with a view of the Supreme Court? Yeah, that’s probably going fast, even at $689k plus condo fees. |
Anonymous
Agreed on the condo. It's also pretty big for a 1 bedroom (800+ square feet over one level for one person or a couple is actually not bad when you consider there are plenty of row homes on the Hill that are smaller). And that outdoor space is worth a lot -- it's rare to find a condo with that much private outdoor space, much less with that view. This is one of those special one-off properties that doesn't have true comps. There's a ceiling on what an unrenovated 1-bedroom will sell for in the city, but 700k is probably not even it, actually. |
Anonymous
Pending, pending, and off market. |
Anonymous
I mean, all it needs is cosmetic updates. Not "serious" renovations. It looks like it's in great condition to just move in. I'm betting it goes very very quickly, and for at LEAST 10% over asking. Let's check in here in a month! |
Anonymous
I'll be curious also. That's quite a view and some nice outdoor space. There's a lot of people with money who might enjoy this convenience to the Senate buildings. |
Anonymous
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PP here. I said it was in serious need of renovation, not in need of serious renovation. Minor difference, perhaps. I agree that it's mostly cosmetic, and that it'll probably go for over asking, but what doesn't these days?
Speaking of which, this house didn't seem to hit this thread when it was on the market: 4BR/2BA, 1700 sf. Listed at $875,000: https://www.redfin.com/DC/Washington/1311-D-St-NE-20002/home/9913298 It sold for $1,105,000—$230,000 (26%) over list. |
Anonymous
For the Emerald Street house? We have friends who live basically next door to this place on Emerald and their outdoor space is a teeny-tiny slab of concrete. From the photos here, this house isn't any different. |
Anonymous
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I thought it might be fun to go back to see what the houses in this thread from a month or so ago sold for. I've added the sales price (or status) in bold. Overall, it looks like sale above asking is still the norm.
Speaking of Emerald St.:
From 3/8:
From 3/12:
Moving forward to 3/25, most of these are still pending, but a few have closed.
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Anonymous
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Anonymous
No, the one by the Supreme Court |
Anonymous
This is incredible. There's not anything particularly outstanding about that place. Oh how I wish I was in a position to be selling my place on the hill right now. |
Anonymous
What’s outstanding is that it’s zoned for Maury. Our very similar house is two blocks from here and zoned for Miner. We would probably get $850 for ours. |