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][quote=Anonymous][quote=Anonymous]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]

Still on the market. Needs a price reduction.[/quote]
It just got one, but only by $20k.  I doubt that a drop in asking price from $995,000 to $975,000 is enough, but I guess we'll see.[/quote]

The price needs to come down way more than that. No matter how much they changed cosmetically, that's still a very small house, and adding a full bath probably made it even more cramped.

They'll start getting offers pretty quickly if they drop it to like $925k.[/quote]

Unsurprisingly, this is still on the marktet.[/quote]

After price shops, now contingent. Wondering what it finally sold for...
Probably needs another $50k chopped off the price. Just stupidly overpriced.[/quote][/quote]

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