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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Emerald is finally pending after 70 days!

https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879[/quote]

Closed for $690,000. That is *quite* the discount from the listing price of $800k, and lower than I figured even a burned out shell would go for on this block. I feel like we deserve to know what was wrong with this house. I know someone here knows who bought it ... get them to spill the beans.[/quote]

Remember the saga of 1335 Emerald? A real estate agent bought it, flipped it, and re-listed it three months later for just shy of a million. Do you think the cheap cosmetic upgrades are worth the $300k markup? I'm impressed they were able to shove in another bathroom in such a short amount of time, hopefully in a manner that won't cause leaks or other plumbing headaches.

https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879[/quote]

There are so many better ways to spend $1 million on a house, including in this neighborhood. Anyone who drops that much on 1300 square feet, only two actual bedrooms (the listing even seems to admit that the third bedroom is too small to merit such consideration), no off-street parking on a tough block to park and no comfortable Metro walkability is delusional.[/quote]

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