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]Not sure what the realtor is thinking with all the photos of moving boxes and messy rooms, but here's an unrenovated, tenant-occupied 4/3.5 on G between 6th and 7th.

https://www.redfin.com/DC/Washington/622-G-St-NE-20002/home/9898467

$1.35 for 3/2.5 pretty close to Union Station on F Street, with English basement apt. that has a C of O.

https://www.redfin.com/DC/Washington/226-F-St-NE-20002/home/9891037[/quote]
622 G finally sold for $925k—$125k below list.  226 F is still on the market.

It does seem like the Capitol Hill market has softened quite a bit over the past month.  For a while there, it seemed like you couldn't get anything over 2,000 sf for under $1.1M.  But now there are houses sitting at that size & price.  I think we've discussed these before, for example:

3BR/2.5BA, 2166 sf, $1.1M (listed 5/13):
https://www.redfin.com/DC/Washington/403-11th-St-NE-20002/home/9908314

2BR/2BA, 2516 sf, $950k (listed 5/3):
https://www.redfin.com/DC/Washington/1018-F-St-NE-20002/home/9906175

[/quote]

The F Street house was discussed above. It's been on and off the market for a while now at somewhat wildly fluctuating prices. Think the knock on it is its peculiar layout.

But yeah, Hill houses that have issues are starting to sit/see price cuts.[/quote]

Speaking of F st, we now have three different houses on F st listed

2BR/2BA, 2516 sf, $950k (listed 5/3):
https://www.redfin.com/DC/Washington/1018-F-St-NE-20002/home/9906175

3BR/2.5BA, 2,168 sf, $1.3 (listed 5/13):
https://www.redfin.com/DC/Washington/226-F-St-NE-20002/home/9891037

4BR/3.5BA, 2,412 Sq $1.3 (listed 6/16):
https://www.redfin.com/DC/Washington/209-F-St-NE-20002/home/9891133[/quote]

226 F has been on the market for more than a month, even after a fairly big price cut. That last one is new. I want to say it's only fairly priced if the basement can be legally rented out, but I'm not sure it can be (I don't see any rear egress). Plus, most places with C of Os for their basements usually say so in the listing. [/quote]

209 claims to have a C of O in the listing.... though the egress situation is unclear as you say.  226 also claims to have a C of O, despite the weirdness of the closet and windows in the basement.[/quote]

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