Reply to Are these H St. NE / Capitol Hill houses priced appropriately?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just looked up 403 9th on Zillow because I thought it looked familiar.  Sure enough, it's a relisting:

5/29/20: Listed at $995,900
6/15/20: Price change to $975,000
7/19/20: Pending
8/12/20: Relisted at $860,000
[/quote]
OP. Oof, sorry I missed that it was a relisting. That's quite a dramatic price drop. I wonder what the home inspection revealed. [/quote]
Something must be very wrong with that house aside from all the things that are obviously not great from the photos.  It just went back on the market after yet another sale fell through.  To the price history above, add:

9/3/20: Price drop to $810,000
9/9/20: Price [i]increase[/i] to $860,000
9/11/20: Price "drop" to $810,000
10/19/20: Pending
11/14/20: Relisted at $810,000

https://www.redfin.com/DC/Washington/403-9th-St-NE-20002/home/9904200
[/quote]

I've been in this house (403 9th NE). Hate to say it, but very strong odor.  Cats, I think maybe covered up by moth balls and perfume.  I'd still buy it.  Great location and curb appeal.  No parking and no possibility for parking otherwise a builder would have bought it by now.[/quote]

Wow, why not rip out the carpet and repaint? Sounds like investing even $10k could have a big impact. At $810k it’s a bargain for whoever has a plan to remediate the smell.

It also has the kitchen in the basement, which I think reduces value, but my neighbors sold a similar house for well into the 900 range, so I don’t think that’s it. [/quote]

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