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Real Estate
Reply to "Advice selling coop townhouse, River Park"
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[quote=Anonymous]You paid $525k in 2020 with a ~3% interest rate. You’re overpriced at $560k in 2024. At today’s ~7% interest rates I’d list it at $499k. Sorry to say, but hardly anyone in the DC area wants a co-op with a nearly $3k/mo fee. They don’t care if it includes a gym, pool, picnic grounds, exterior maintenance, taxes…co-ops are not common here and people with $6k/mo in total PITI to spend have better alternatives. Only place that can get away with mammoth co-op fees is NYC.[/quote]
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