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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous][quote=Anonymous]My theory is that, with its good schools and tight community, Capitol Hill is now pretty much a family neighborhood. People spending 800k or more on the Hill want three bedrooms and enough space for a family to stay put through elementary school. The two bedrooms around here that sell for 800k or more are usually beautifully renovated, which is what DINKs and rich singles on the Hill want. I happen to think there are some great houses in your mix but they aren’t the most sought after size/condition so they’re sitting. The condo is sitting because it’s a condo and you can get a whole house for that price. [/quote] Yes, fair assessment. We are looking in this area to some degree and we are definitely in the "family" demographic, though I think we are also priced out. The 15th St is now contingent. Of the rest, Browns & Gessford are teeny-tiny (but cute). Same for 6th St, as charming as it is, it only has 2 BR and seemingly no basement to expand into? 850k seems like a lot. The 6th St is my favorite if I excluded price from the calculus. The K St condo is architecturally not that appealing but we are old house people. 4th St needs work - so you are really looking at paying closer to 1m after all is said and done. I think I St will sell, though I think it's a bit bland.[/quote]
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