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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do you think this one has been sitting so long? I know the layout is a bit quirky and the bathrooms could use an update, but very spacious overall even if there are only 3 official bedrooms, there is also a den room. Maybe people don't like the big condo building being next door?

https://www.redfin.com/DC/Washington/629-5th-St-NE-20002/home/9896708[/quote]

Pretty sure that’s a house next door. Or, at least, that’s the impression it gives from the street. (I guess it could be a very small condo building.) It’s a quirky layout for sure, and many people hate the basement kitchen thing. I’d have to see inside to know for sure but that cutout that brings all the light into the kitchen/basement also eliminates a lot of usable floor space. [/quote]
Those are two condos next door:

https://www.redfin.com/DC/Washington/625-5th-St-NE-20002/unit-1/home/113745659
https://www.redfin.com/DC/Washington/625-5th-St-NE-20002/unit-2/home/108560160

I think it's just overpriced.  $1.25M isn't unreasonable for 2100sf, especially that close to Union Station, but it is a bit on the high end—and it's more likely to be the result of a bidding war for a house that listed lower than a good starting price.  And I'm seeing right that they listed it in May at $1.2M, then [i]increased[/i] the price two weeks later to $1.25M?  That does not sound like the strategy of a motivated seller.[/quote]
We went to the open house for this one today and were surprised how much we actually liked it.  The layout is definitely quirky, but it kind of works when seen in person.  It's got kind of an updated '70s contemporary vibe.  The kitchen doesn't feel that much like a basement kitchen—opening the ceiling for a two-story dining area probably helped with that.

Dunno if it'll go for $1.25M, and the large (for a two-unit) condo next door is still an issue, but the pricing doesn't seem quite as ridiculous now, IMO.[/quote]
This one continues to fascinate me.  The listing was just removed—which seems an odd choice as opposed to, say, lowering the price to, oh, maybe no more than the original asking price in May?  I really wonder what the sellers are thinking. [/quote]

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