Reply to Is buying in Brookland a good investment?

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[quote=Anonymous][quote=Anonymous]If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0[/quote]

That is quite expensive for that area I am thinking. Really not sure why someone would opt to pay 825k for that TH which a) needs quite a bit of work and b) is in Brookland (fairly crappy area and def not that safe ) rather than opting to pay around the same in N Arlington or near Georgetown (there are THs currently for sale near Georgetown U for around 900k, and also in N Arlington for around that same price). Given its price, the amount of work that needs, plus the area, willing to bet this one is gonna stay on the market for a while.

Similar argument goes towards that one that someone posted on Chancellors Way (the TH looks nice enough, minus the lack of backyard which granted nowadays is very common with THs) but why would someone opt to pay 920k to get a TH there, versus getting one in Georgetown, N Arlington, Wesley Heights or frankly anywhere that is much nicer and safer than Brookland, boggles my mind. I get buying there due to affordability reasons (say can only afford 500k) but once we hit the 900k mark, makes 0 sense in my view given you can live in other areas of the DMV that are nicer. 
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