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Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
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[quote=Anonymous]Adding some context with BRs/BRs/square footage/price: 3BR/2BA, 1088 sf, $895,000: 1. https://www.redfin.com/DC/Washington/905-K-St-NE-20002/home/9903999 That's a lot of money for just over $1000 sf. 3BR/2BA, 1402 sf, $849,900 (listed at $965,000 on 5/31/22): 2. https://www.redfin.com/DC/Washington/241-K-St-NE-20002/home/9890845 I kind of like this one. Hope you like the smell of Indian food, though (it's right next door to Indigo). 3BR/2BA, 1120 sf, $805,000 (listed at $850,000 on 7/23/21): 3. https://www.redfin.com/DC/Washington/1316-I-St-NE-20002/home/9912374 They've been trying to sell this for over a year now. Again, this seems like a lot of money for a little over 1100 sf. The current pictures don't look awful, but they don't great, either. I wonder ho bad it looked when it listed. Also, it's a bit too close to Florida Ave. IMO. 3BR/3.5BA, 1782 sf, $984,900 (listed at $999,000 on 8/11/22): 4. https://www.redfin.com/DC/Washington/921-L-St-NE-20002/home/9903904 That floor hurts my eyes. It's an ugly flip too close to Florida. It's also fairly short, with a combo living/dining room, and one of the 3 BRs is in the basement. Asking just under $1M in August was optimistic. 3BR/1BA, 1200sf, $715,000: 5. https://www.redfin.com/DC/Washington/914-Kent-Pl-NE-20002/home/9903862 The price is a lot better for the square footage. Again, though, it's pretty close to Florida Ave., and I expect that the market softened there more quickly than it did in Capitol Hill proper. Window A/C, and that stupid oval window Home Depot door will never look right in a Capitol Hill (ish) rowhome. From the photos, it looks like it needs a lot of work. This is a flip target in a market that's no longer so attractive for flipping. [/quote]
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