Reply to Are these H St. NE / Capitol Hill houses priced appropriately?

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[quote=Anonymous][quote=Anonymous]This one fascinates me

https://www.redfin.com/DC/Washington/1163-Abbey-Pl-NE-20002/home/9892223

It sat through 2 interest rate hikes in the spring/summer and is now relisted at an even higher price. Redfin says it’s a hot home though. Will this strategy work or will the sellers have to take an L?
[/quote]

Huh, interesting. I think, but am not positive, that we viewed this house back in 2012. If it’s the one I’m thinking of, it had tenants at the time and was hard to view. I don’t remember there being an income unit and it was before the kitchen/bath renovations. I remember specifically that the upstairs layout was tight and we were concerned about trying to renovate the bathroom with so little space— looks like they resolved by putting the washer/dryer in the bathroom, eliminating a closet and putting built inside against another wall.

I wonder if they did additional work on it after taking it off the market this summer, which would explain the higher price? I do actually think 899 is not unreasonable given size, location, and the nice and recent upgrades.[/quote]

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