Reply to Are these H St. NE / Capitol Hill houses priced appropriately?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Well this one will be interesting.

It used to be one of those cute one story houses on the Hill, but a developer bought it, gutted it and turned it into a 5 bedroom that is a two bedroom apartment on the first floor and a three bedroom house on the second and third floors. Selling it all together for $1.9 million.

https://www.redfin.com/DC/Washington/1351-C-St-NE-20002/home/9913704

Setting aside the new exterior (which is a total eyesore on a block full of small 2 bedroom homes), I'm curious what people think of the developer's strategy. I just can't imagine wanting to live only in the 2nd and 3rd floor of a house I'd paid $1.9 million for - having to go upstairs, etc. But then the first floor feels unnecessarily nice for an income rental. Perhaps it works for a multigenerational family? But how many of those are there shopping on the Hill at this price point?[/quote]

I find this house REALLY odd. It definitely sticks out from those around it. I love those adorable little houses, so I find the whole strategy weird (but maybe there's a market for it). [/quote]

I thought these one-story houses had to stay that way for historic preservation? If memory serves me well, one we discussed on this row last year was determined to be too small to be practical but with limited options to expand. [/quote]

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