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Real Estate
Reply to "Anyone seen this house in Bethesda? Overpriced?"
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[quote=Anonymous]I grew up a few houses down the street from that house (and my parents still live there). I'm familiar with the street and the neighborhood. The new price is fair. Also realize the location is excellent -- walking distance to Whitman and Pyle, and the Ride-On bus stop is at the end of the street basically. I think the issue an owner like that faces is when you've improved it just enough to take it out of tear-down category. It's almost like you're better off just doing no improvements at all and selling it for less but as a tear-down. There's another house across the street and a few houses down where the owner recently passed away. No improvements made since it was built in the 50s (they had an estate sale so I checked it out while visiting the sale). I'm guessing it'll go tear down if they sell it.[/quote]
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