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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]Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be. https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724 https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927 Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures. https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211 [/quote] The house on 14th between F and G checks all of the boxes for me and was beautifully redone, but I think it's a bit pricey given its location. More stuff keeps opening up on the far end of H St., but I still think that areas as a whole is about 5 years away from really turning the corner. Also very far from any public transit. I think if that house came in around 1.2-1.25, it would generate a lot more interest and could wind up going for up to 1.4, but I think pricing it that high from the outset may turn some people off. If it were closer to Lincoln Park, I think it would be appropriately priced (or even a bargain). 1008 East Capital is beautiful, miraculously still in Maury. Awesome house, still has so much character. Think that one's appropriately priced, but we'll see. My sense is that houses 1.6 or higher take a little longer to move than most others since there aren't nearly as many people that can afford that amount. 2 6th Street is interesting. Want to see some pictures. No parking is definitely a minus (not sure about this 12-month lease on a parking space; would make me a bit hesitant knowing that I don't have my own permanent spot). Also, the lot size is weirdly small at under 800 sf. That strike anyone else as weird? That said, awesome location. [/quote] The lot size is small because it's probably only the footprint of the house. In the L'Enfant city, front yards are usually technically owned by the city and classified as public park land. The way that this lot is situated, there is no back yard.[/quote]
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