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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][quote=Anonymous]https://www.redfin.com/DC/Washington/1005-I-St-SE-20003/home/9907684 Any thoughts?[/quote] It's a nice house that backs into a freeway. One price drop already. One more might be needed.[/quote] +1 though I think it's an okay house, not that nice. Some of the updates look pretty nice (the kitchen, some aspects of the bathrooms) but other less so. I think it's really poorly photographed and styled -- if you look at the listing photos from the 2017 sale (in the sale/price history on Redfin) the house looks so much more appealing in those photos! Floors look warmer and lighter, whole house looks more filled with light and charming. I can't figure out if the photos are just bad with poor contrast, or if they made some questionable choices like maybe staining the floors a darker color? There is too much contrast between the dark floors and the light walls that is giving the impression of a darker space and cheaper finishes. Also the older photos make the side patio look much more welcoming and wider. But the biggest issue is location -- houses within a block or two of SE freeway regularly get a hefty discount even in a neighborhood that has seen prices skyrocket. That freeway is LOUD and prone to accidents. Agree another price drop is likely in order. Or better staging and photos maybe.[/quote] I’d say 2 price drops. I don’t see this going for more than $850. I wouldn’t be surprised if it’s closer to $800.[/quote]
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