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[quote=Anonymous]Long time Brookland resident here. Love the neighborhood and have always felt safe here, but there's always been an unrealistic subset of sellers here who think that if a large, high-end reno, SFH on a large lot just east of the Brookland Metro sells for $1.5M - their shoddily-flipped TH in Edgewood full of builder-grade finishes can command a similar price. This phenomenon has gotten worse as the market has cooled in the past year or two. Really nice and well-located houses still sell for a premium, but buyers aren't as willing to overlook being on a busy street, being in a less walkable HOA development, etc. Also, at least in the recent past the area has been affordable enough that it attracts less sophisticated builders (both individuals and flippers) and unfortunately they sometimes run out of money and either do a bad job or leave things to sit. [/quote]
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