Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Are these H St. NE / Capitol Hill houses priced appropriately?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Can anyone explain this property to me? I get the idea of selling a property that needs a full gut job but the $3 m price tag is perplexing. It should be more like $1 m max. https://www.zillow.com/homedetails/647-G-St-SE-Washington-DC-20003/418138_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare[/quote] I recall another thread a poster mentioned investors will sometimes put properties for sale at insane prices so they don’t have to pay taxes during renovations (or something to that effect). Maybe that’s the situation here, otherwise it makes no sense.[/quote] Hhmm, maybe that explains it, as I see someone bought it this spring for $1.15 m, which makes sense. In any case, I’ve walked by and see no sign of active renovations. It’s a fabulous street in a great location — if fully renovated it could easily sell for $2 m.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
