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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]That is some peak stubbornness on that price, seeing as how it hasn't budged despite the now-stale listing giving off all sorts of warning signs.[/quote] It was last sold in 1970, so I'm guessing it may be an estate situation. Even if not, it's almost certainly paid off, so it's not like keeping it on the market is costing the sellers anything other than utilities and taxes. The sellers probably think that this is a gorgeous house and that someone will surely come along any time to make an offer over asking. [/quote] Price drop to $750k. How embarrassing. https://www.redfin.com/DC/Washington/1335-Emerald-St-NE-20002/home/9912879 Meanwhile, a block away, you have this option. Nice porch, nice patio, some curious interior choices. Are those acoustic tiles on the ceiling? https://www.redfin.com/DC/Washington/525-Tennessee-Ave-NE-20002/home/9916215 And here's a throwback from last summer. Still struggling to be sold, still not dropping its price enough (if memory serves me well, the original list price was close to 1M) for condition, location, and size. As with Emerald, it might have been bid up considerably if it had originally been listed at $699k, but now the stink of stale listing can't be undone. https://www.redfin.com/DC/Washington/1106-8th-St-NE-20002/home/9900826 [/quote] That 8th street house is just so, so unfortunate on the outside. Like it is hard to find a more unwelcoming facade -- no yard, the color scheme screams "prison" to me, the ancient window units sticking out. Like I look at this house and I look at the asking price and it almost makes me mad. I see stuff in this neighborhood that feels overpriced all the time, but this one probably takes the cake. And the shame is that if they dropped the price to something more reasonable, it would sell and the new owners would likely brighten it up so it didn't look so depressing. Sigh.[/quote]
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