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Reply to "Life is Easy in NW DC on $300k, AMA"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just for S&G, I looked up 4 bedroom houses in au park. The cheapest is $1.15 and they need a lot of work. Most are around $1.5. That's not doable on $300k now unless you have a big downpaymemt. You're lucky you bought early. [/quote] Yeah, this is huge. Now you're looking at NE DC for low $800's (and then you have the school concerns). And I'm saying this as someone that bought into the real estate market on the early side as well. [/quote] OP here. I agree, you can't get 2012 prices anymore. But, it's not as bad as PP makes it sound. If I could sell my home for $1.5M I'd do it in a second! Homes comparable to mine sell for $950ish in upper NW. It's like a lot of these: https://www.redfin.com/school/30194/DC/Washington-DC/Wilson-High-School/filter/property-type=house,max-price=1M,min-beds=4,include=sold-6mo,viewport=38.96895:38.91288:-77.03829:-77.14592[/quote]
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