Are these H St. NE / Capitol Hill houses priced appropriately?
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Anonymous
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Anonymous
Blah. That seems a bit far east to be asking that price—and the interior is pure 21st Century Flipper. |
Anonymous
But the interior is what plenty of buyers want. I like the turquoise cabinets. Agree the price is high, looking back at home sales around there in the past year. Closest recent sales perhaps these, but one is a corner house, and both have more sq feet. https://www.redfin.com/DC/Washington/1537-D-St-NE-20002/home/10115700 https://www.redfin.com/DC/Washington/123-15th-St-NE-20002/home/9918435 |
Anonymous
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Under contract in Kingman Park. Bets on what it sells for?
https://www.redfin.com/DC/Washington/511-23rd-Pl-NE-20002/home/10112482 |
Anonymous
There's certainly plenty of evidence for that. But since it's also the trend in every flip, it's something that buyers have no trouble finding. If you want an Early 21st Century Flipper house and don't like this one (or don't feel like bidding it up), just wait a week—there will probably be another five more listings that look just like it. Meanwhile, the houses I like—lots of stained unpainted wood trim and intact architectural details—seem to get bid way up. Although there may be fewer of us who prefer that look, we really love it those houses are so rare (at least around DC) that we end up bidding them into the stratosphere. I do like the turquoise cabinets. They kind of stand out, though, among all that white! |
Anonymous
High 700s, low 800s is mine. You? |
Anonymous
$790-$800kish is my guess. Will follow to see how it pans out. |
Anonymous
Live in KP and hope to sell in a few years, but my home won't be a top to bottom flip at all (plenty of updates on first floor and finished our basement, but not complete gut, particularly on the 2nd floor bedrooms and kept our radiators). Hope this goes closer to or above $800k considering it's a corner house - well, because I'm hoping to sell mine in the $700's in a few years 
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Anonymous
Hi neighbor. SAME
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Anonymous
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https://www.redfin.com/DC/Washington/434-6th-St-NE-20002/home/9896983
Is it just me, or does this seem significantly overpriced? $1.35 m, but only one bath upstairs, and quite dated kitchen and baths, and almost no yard. |
Anonymous
Ha, I heard people talking about this place while walking by the other day (as in prospective buyers who had just viewed it). Their take was that they liked how many original details it still had but that it was hard to take spending that much on a home that they felt needed a number of updates. So at least one buyer agrees with you! I meant to look it up when I had the chance but forgot until your post. It’s hard to call anything “overpriced” in this market because all the prices seem astronomical to me. I agree with you and those folks on the street. But that location is really great (lots of people who want proximity to H but still the neighborhoodiness of the Hill), good elementary school, lots of space, income unit, plus character. It’s way too much for me, but I bet the find a buyer at asking. There’s just do little on the market and it’s not like it’s a mess. Just a little outdated. |
Anonymous
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Mind. Blown. What is going on here? Is this a misprint? 1.35+ for 2/2/1000 sf. in Hill East?
At least it comes with the added charm of ductless mini-splits. https://www.redfin.com/DC/Washington/307-17th-St-SE-20003/home/9920541 |
Anonymous
| 307 17th Street hardly has a second bedroom! |
Anonymous
This was exactly my reaction. Wow - that needs some work....good bones as they say, but you're putting some $ into that. |
Anonymous
Wait so this sold like $600K + over asking?!? |