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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What on earth. Somebody help me understand this listing. "This treasure is looking for a new owner! Qualities required seem recently rare… Creative observant modestly skilled with an appreciation for history, the past and a desire for the future. [...] All the big ticket items are completed, a brush, lots of paint and a few days of attention and your equity will begin to be obvious… call me2C. The owners are moving slow but will be ready to move mid to late February… "
https://www.redfin.com/DC/Washington/1225-G-St-NE-20002/home/9910136

Also, why has this one been on the market for 90 days? It's pretty large for a 2br condo alternative, and a year ago smaller homes were being snatched up in days for $800k.
https://www.redfin.com/DC/Washington/1249-Wylie-St-NE-20002/home/9909808
[/quote]

The Wylie house has gone pending twice since it was first listed in October. Maybe the inspection turns up something? Otherwise the inside seems okay, if very, very small. And I'm not sure I'd want to be across an alley from a strip of restaurants. You're basically backing up to a row of dumpsters and everything that goes along with that.[/quote]

I always wonder this. We live in the neighborhood but have been looking to move to something larger for a while, and I'm always baffled by the pricing for places that share an alley with H Street businesses. They are often higher than things a few blocks away! It's not just the dumpsters and potential for rats, it's also the noise and traffic issues. I'm not surprised this place is sitting. It also doesn't have parking.

I do like the little office nook they put into the landing upstairs though. It's a thoughtful addition given how tight the house is overall. We currently live in a 2 bed/2 bath with a couple extra hundred square feet and don't have anything like that, and wish we did.[/quote]

A house across the street on Wylie sold for $575k in December. It doesn't have a powder room like the above listing but also does not back up to the H Street restaurants, either. That one also needed a number of price drops before finding a buyer.

https://www.redfin.com/DC/Washington/1226-Wylie-St-NE-20002/home/9909819 [/quote]

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