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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous][quote=Anonymous]After a lull, there are a ton of new listings available to view this weekend. This isn't even all of them. With a few exceptions, it seems like listing prices are lower than they have been during the past year. I imagine some of these will be bid upwards quickly, while others will languish. $899k - 3br/3ba - 2032 sq.ft: My pick for best value this week. The location is awkward in that weird triangular intersection across from Miner, but that's a lot of space for under a million. https://www.redfin.com/DC/Washington/606-Tennessee-Ave-NE-20002/home/9915817 $889k - 2br/1.5ba - 1112 sq.ft: The listing is unreadable and the price may be too high for only two bedrooms, but the location is great for access to both Capitol Hill and Navy Yard, and there's covered parking. https://www.redfin.com/DC/Washington/718-9th-St-SE-20003/home/9905669 $849k - 3br/2ba - 1260 sq.ft: In case you've always wanted Congressional Cemetery in your front yard. Fido would be thrilled. https://www.redfin.com/DC/Washington/1629-E-St-SE-20003/home/9920775 $849k - 3br/1.5ba - 1584 sq.ft: I like the upstairs sunroom. https://www.redfin.com/DC/Washington/1418-D-St-NE-20002/home/9916050 $830k - 2br/2ba - 1224 sq.ft: This is actually two 1br apartments. For the price, I'd skip being a landlord and keep both to myself. https://www.redfin.com/DC/Washington/231-Warren-St-NE-20002/home/9913760 $825k - 3br/1.5ba - 1272 sq.ft: I actually like the aesthetics of this renovation, but the location right on Florida Ave could be a dealbreaker. https://www.redfin.com/DC/Washington/1316-Florida-Ave-NE-20002/home/10305185 $825k - 2br/2ba - 1360 sq.ft: Some really nice outdoor spaces for a house this size. https://www.redfin.com/DC/Washington/811-L-St-NE-20002/home/9902188 $819k - 2br/2.5ba - 1472 sq.ft: This one has been around for a couple of weeks, and I can't remember if we talked about it yet. Some eclectic design choices. May be too close to H for some people's comfort. https://www.redfin.com/DC/Washington/710-13th-St-NE-20002/home/10177584 $799k - 2br/1.5ba - 1186 sq.ft: Another one that may have been discussed last week? I really love carriage houses. https://www.redfin.com/DC/Washington/645-Constitution-Ave-NE-20002/home/9899648 $775k - 2br/2.5ba - 1060 sq.ft: This is pretty much the same size and layout of my house, so I am personally invested in seeing how this one goes. https://www.redfin.com/DC/Washington/251-14th-Pl-NE-20002/home/9916562 $725k - 3br/1ba - 1504 sq.ft: Some interesting flooring choices and not a lot of curb appeal, but good price for the size and likely space to add another bathroom. https://www.redfin.com/DC/Washington/1380-E-St-NE-20002/home/9912773 $665k - 2br/1ba - 968 sq.ft: This is a teardown. Priced for a developer to build two $1M+ condos, not for someone willing to put a few hundred grand into a gut reno to make a customized SFH. https://www.redfin.com/DC/Washington/726-11th-St-NE-20002/home/9906056 $535k - 2br/1ba - 749 sq.ft: Could use some updates but a phenomenal price for a condo alternative on a minor block off H St. https://www.redfin.com/DC/Washington/1208-1-2-Wylie-St-NE-20002/home/175700675[/quote] Revisiting this post. I felt that last week it was too early to assume anything about the market based on the status of these homes. On the day this post was made, these 13 houses had been listed for (on average) 8 days. Five were under contract and 8 were not. In the intervening week, an additional house went under contract, while 6 remain pending. (And, one was delisted.) What do the arm chair real estate experts think? Does the fact the homes that were not under contract after eight days are still for sale say something about the market? Or does it say something about these houses? (The ones still available are: https://www.redfin.com/DC/Washington/1418-D-St-NE-20002/home/9916050 https://www.redfin.com/DC/Washington/231-Warren-St-NE-20002/home/9913760 https://www.redfin.com/DC/Washington/1316-Florida-Ave-NE-20002/home/10305185 https://www.redfin.com/DC/Washington/710-13th-St-NE-20002/home/10177584 https://www.redfin.com/DC/Washington/251-14th-Pl-NE-20002/home/9916562 https://www.redfin.com/DC/Washington/1380-E-St-NE-20002/home/9912773 ) [/quote]
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