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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We love this block of houses on the 13th St NE block, just south of H St. This one just hit the market and seems on the lower end price-wise, compared to others of this size/location:

https://www.redfin.com/DC/Washington/718-13th-St-NE-20002/home/9909933[/quote]

Discounted for not having at least a powder room on the main level, which many buyers won't consider. And being that close to H will be enticing to some but equally off-putting to others.[/quote]

lol, can you really not walk up the stairs? I get that a powder room is nice, but it's still a seller's market on the Hill.  You find the right house you can afford zoned for a good school ... lack of a powder room is not going to stand in the way. [/quote]

People want powder rooms because not all house guests will want or be able to climb up stairs. Or they have kids and having an extra sink and toilet available comes in handy with kids. Or they wfh while a nanny is in the house and don't want to have to share a bathroom with her and the kids. And so on.

It might not be a deal breaker if someone really wants to live on the Hill and yes, wants in bound for a specific school. But other people might say, eh, my kid will go to a charter and I can get a house with what I want north of H.

It might still be a seller's market because of low inventory, but the buyer pool is shrinking and buyers aren't willing to pay as much because of higher rates. So yeah, the lack of a main floor powder room could cause certain people to cross that house off their list, which means fewer offers and lower sale prices.

This is not rocket science.[/quote]

It is not a dealbreaker for buyers looking in that price range. I promise, it’s not. [/quote]

Some buyers? Maybe. Many buyers. Most certainly yes.[/quote]

To be fair, people who are into historic urban homes, know, accept and often embrace the constraints. Its not limited to Capitol Hill or DC but valid from London to Stockholm to Paris.[/quote]

Yeah, the people insisting that no first floor powder room is a dealbreaker have either never been inside a Hill row house or they have $2 million budgets. Either way, they aren’t the buyers for a 900k row house near H Street. [/quote]

Our former house on the Hill was tiny, like 1600 sf, and had a powder room on the first floor. So did all the tiny houses our friends lived in.

(If other posters are going to claim their own personal anecdotes as actual data, then I will too.)[/quote]

Unless that includes the basement, 1600 sf is not tiny for the Hill. Not even small. [/quote]

I love that someone actually wrote the words, "Our former house on the Hill was tiny, like 1600 sf..." Might be the most DCUM thing I've read this month.[/quote]

PP here. I mistyped. It was 1200 sf, no basement.[/quote]

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