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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sold for $782K in May, back on the market for $1.275 million in December. Still sitting after 27 days: https://www.redfin.com/DC/Washington/809-G-St-NE-20002/home/9902511 Sold for $940K in May, back on the market for $1.545 million in December. Still sitting after 36 days: https://www.redfin.com/DC/Washington/649-F-St-NE-20002/home/9898903[/quote] Maybe there actually is an upper limit on how high Capitol Hill flip prices can go? The second one isn't awful, but over $1.5M for 2100 sf seems high. But then, checking the pictures from the May sale, I can't believe something in that condition went for nearly a million dollars. Oh, well. If this is the Capitol Hill market now, at least it makes my quandary of whether to buy in the Hill vs. suburbs a lot easier.[/quote] At that price point they should have put the AC unit on the roof...[/quote] The bedrooms are too small/choppy for this price point.[/quote]
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