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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To go with some of the other "north of H, south of Florida" offerings we've been discussing, what about this one:

https://www.redfin.com/DC/Washington/719-L-St-NE-20002/home/9900926

It's smaller than some of the others available in the immediate vicinity, but it has more of that "original charm" people seem to like. I am a little wary of that platform deck in the backyard, but otherwise like it. And any rowhome for less than $700k is going to catch my eye. I won't be surprised if this is under contract within the next few days.[/quote]

That house is Tiny (with a capital "T")! I mean like 12 feet wide tiny. It has one bathroom and there is no earthy way to add another given its size.  They've also engaged in some fancy photography because the house and yard are dwarfed by a monstrosity on 8th Street that was built several years ago (still no clue how they got it permitted).[/quote]

Well I'd have to see inside to get a better sense, but at 1000 square foot I wasn't assuming it was exactly spacious inside. Still seems like a good option for a condo alternative because of the price and all the outdoor space. I also like that it's unrenovated but livable -- that's a nice combo for a single person or couple who wants a project house to work on for a few years.

It's very close to that house at 8th and K that people like but has had multiple price drops and been sitting for a while (now listed at 565k). This one, to refresh memories:

https://www.redfin.com/DC/Washington/933-8th-St-NE-20002/home/9902280

It will be interesting to see what happens to these two given proximity. 933 8th is smaller but updated (though at a very noisy intersection), 719 L is slightly bigger but unrenovated (and on a quieter street, though further from H). But both small houses in the same part of the neighborhood. Right now, more than 100k difference in list price. [/quote]

Thought it was time to revisit this discussion. 8th Street house sold last year. 719 L still on market. [/quote]

Ok, this is interesting. Both houses went contingent shortly after original listing, but those sales fell through and they came back on the market. When I saw that happened with the 8th and K house, I did kind of wonder of the original buyer got cold feet about the location. They house is very cute the way it's staged and the reno is decent, and I can easily see someone getting excited about the price and then realizing upon their 3rd visit to the property that the location is a problem.

But hey, they sold it, so obviously it's not impossible. Given that they bought for $460k (already renovated) in 2016. Not a massive return after closing costs but actually better than anyone has a right to expect on a house you owned for 4 years.

I remain curious about L Street. I think that location also has problems, but that there is so much more opportunity there with the bigger house and the chance to renovate it yourself. It's probably just still overpriced because it needs quite a bit of work. If it were in worse shape it would be a great opportunity for a developer who wanted to do a condo conversion (if they could get it for closer to 600). But it's in that gray area where it's livable but most people who can afford 700k purchase price are going to want a much more updated house. So it might sit for a bit.[/quote]

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