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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$850k for 3br/1.5ba in 1324 sq ft: Another Emerald St home. I actually have no idea of the condition because there are no pictures, and the listing just makes it sound like they put some lipstick on a pig. But it's a $100k more than the other Emerald house that is [i]still[/i] on the market, so maybe it really is the most charming house on the street.
https://www.redfin.com/DC/Washington/1344-Emerald-St-NE-20002/home/9912966 [/quote]
This is pending now after 15 days (with a relisting on July 1).  It'll be interesting to see what this and the other house on Emerald go for.[/quote]
We can do the sales price comparison now.  1344 Emerald closed for $820,000 a couple of days ago; 1335 Emerald sold for $690,000 last week.  Both sold under asking price, though, and at not incredibly high prices per square foot for Capitol Hill.  [b]I don't know if expectations are a little out of whack on that street or if these two houses were just poor examples of the housing stock there. [/b] [/quote]

Probably a little bit of both? Houses on Emerald are tiny, not easily walkable to Metro and have terrible parking issues, and I think people started to realize that the asking prices there were getting a little out of hand, especially for two places that seemingly needed significant work. [/quote]

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