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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][quote=Anonymous][quote=Anonymous][quote=Anonymous]Woah, so this 4 bd/3.5 bath house in the heart of the NE Hill (zoned for/right across the street from L-T) has been listed for 2 months and come down 20% (250K): https://www.redfin.com/DC/Washington/649-Morris-Pl-NE-20002/home/9898629. Under $1 million now? I wonder what's wrong with it or if they just got screwed by a greedy realtor originally asking $1.25 (which seems super high).[/quote] $1 million for 1582 sqft still seems a like a lot. Also, I'm not sure whether being right across from L-T is a feature or not.[/quote] So, I was just describing the school zone/location there, because both matter a lot on the Hill. Macro location is a big plus. Steps to the WF block of H. Close to Union Station. Pretty close (<20 min to both Eastern Market and Union Market). Micro location is... eh. It’s not a great block. Lots of shady characters hanging out and smoking pot right opposite the school gates recently. But the park means tons of sunlight and the excellent playground should be attractive for families. Also, the fact it’s opposite a school means you will get police response if anything too and goes down.[/quote] I live a block away, I haven't noticed anything about that block. [/quote] Really? You haven't noticed the big group of guys who hang out right in front of the playground gates smoking pot? Check it out at 6 pmish on a Friday. It's gotten a little better again now that the playground is more in use. As I said, I think the school location will stop it from ever becoming a big issue (police will step in), but it's definitely a minor QoL issue for residents of the street.[/quote] Update: Sold at $1,000,000[/quote]
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