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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Since this seems to be the new Capitol Hill thread:

Two or three years ago, in the old Capitol Hill thread, occasionally an itty bitty rowhouse in Capitol Hill would come up for discussion and be labeled a &quot;condo alternative.&quot;  Do &quot;condo alternatives&quot; still exist in 2024, or has the increase in Capitol Hill prices more or less killed that category of housing?
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https://www.redfin.com/DC/Washington/631-Pickford-Pl-NE-20002/home/9902524

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The Pickford house is a great example. I'd consider any 2br townhouse, or any townhouse with &lt;1300 sq feet, to be a &quot;condo alternative&quot; for most Hill families that they would likely outgrow in 5 years. There will of course be outliers - families with one child or two who can share a room, couples without kids, but for the &quot;average&quot; family it's unlikely to be a forever spot. Remote work has accelerated this trend (e.g., you need more space to comfortably work and live and play at home).  The increase in prices has made the 5 year investment less attractive, but it depends on how bullish you are on appreciation.

This is another good one: https://www.redfin.com/DC/Washington/1238-Duncan-Pl-NE-20002/home/9910460.  I (personally) think most of the Duddington houses fall into this bucket (and think they're charming!).[/quote]

We lived on Pickford until 2013 and it was great when it was just my wife and I, but then the baby arrived and things got crowded pretty quickly and we had to move. Sold to a single attorney, and the Pickford houses would be perfect for one person and far better than a condo (no fees, each house has fairly secluded outdoor space, etc). Some of the houses on Pickford, like the one linked here, feature spiral staircases, which are great for maximizing space but are a turn-off to a lot of buyers.

The house listed above went contingent yesterday, and I'm going to guess it's going to fetch over asking. As far as I can tell, the last on Pickford to sell was in 2021, and it went for nearly $900k, tho obviously that was a different RE environment than now.[/quote]

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