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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]This house seems priced low at under $900. Nice house! https://www.redfin.com/DC/Washington/1241-Maryland-Ave-NE-20002/home/9910242 [/quote] It IS nice! And Maryland Ave is so much pleasanter after the redo. Much more like a boulevard. The reason this is under 900k (barely) is because there are really only two bedrooms, looks like. The 3rd is really a flex space in the basement. It’s still a nice house and a great neighborhood. [/quote] Oh wow I love that one. I think 900k is right though, despite having a lot of great features (good light, updated kitchen, outdoor space, decent sized master bedroom, separate TV/play area in finished basement). This is the stuff that keeps it lower: - No main floor bathroom, and no en suite bath for master. And the bath in the basement is dated and looks pretty utilitarian. That is a tough sell for me, even at 900k. - Second bedroom is smaller and third bedroom isn't really a room -- I think they are fudging on the "3 bedroom" thing. You could use that downstairs room as a guest room or maybe an IL suite, but most people would not use it as a kid's room, for instance. This place is like a really, really nice, slightly bigger condo alternative. But it lacks a lot of the convenience and amenities of many of the rowhouses we're starting to see go for $1m+. They'll probably get 900k but I think it's honestly overpriced for what it is, especially because you could get an actual condo with a better bathroom situation for about 100k less.[/quote] But it's close to Toki Underground -- that place is awesome...[/quote]
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