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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]This one is already contingent. https://www.realtor.com/realestateandhomes-detail/624-C-St-NE_Washington_DC_20002_M56813-00522?ex=2947123278[/quote] $1.4, wow! To me that seems a bit steep. What am I missing? [/quote] I don't know. It's got character, I'll give it that—but $1.4M seems like too much for 1850sf ion Capitol Hill, IMO. I wonder if that square footage includes the detached "guest bedroom." And yes, it sold for $1.325M in Dec. 2021, but 30-year mortgages were about at about 3.25% then. Does it sell for $1.4M in 2022 when rates are closer to 6%? I don't think so, but I guess we'll see. (Also, the Redfin listing doesn't say it's contingent, FWIW. They have an open house this weekend.)[/quote]
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