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Reply to "upside potential in Petworth"
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[quote=Anonymous][quote=Anonymous]Petworth is not a down market! Only someone not in DC or near metro would say that. We paid $540 three years ago to be three block south of PW metro and recent appraisal is about $750k. Shells needing a full cut around our block are starting in teh 400ks. So this is actually priced right. There is a house at the end of Quebec listed for $899k now (although thats probably too high). Barnard is the best elem school in the neighborhood. If you have kids, there are a TON of gentrifiers with young kids. Its insane. I can think of about 25 moms who were just on maternity leave and we at the same time and we met up. So the schools should be on the upswing. [/quote] And this is coming from someone with high stakes in the game. Houses are starting to sit in Petworth. Don't listen to the banks that are willing to lend you money, put the house on the market for 750 and see how many offers you get.[/quote]
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