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

Forum Index » Real Estate

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What do people think of this one?

$765,000, 2BR/2BA, 1,056sf:
https://www.redfin.com/DC/Washington/1115-C-St-NE-20002/home/9908571

I went to the open house.  It's small and narrow, but I kind of like what they've done with it.  The front BR is reasonably large, given the overall square footage, with space by the door for either a large dresser or a desk.  The second BR is a little too skinny to be useful as a BR (except for a young kid, I guess), but it would probably be fine as an office.  And the garden out back was nice.  Too small for our needs, and I'm not sure that $765k isn't still a bit much for 1,056sf.  But that's on the cusp of decent condo alternative pricing, so I wouldn't be surprised to see it go quickly.  [/quote]
This closed today for $878,693.  For 2BR and 1,056sf.

Time to learn to love the suburbs.[/quote]

That price seems really unreasonable even in these strange times. I'd probably broaden my search to other neighborhoods around the city--or accept being a long-term renter--before high-tailing it to the suburbs. The benefit of being a long-term renter in DC is that it's basically like owning a property, but without all the extra expenses. DC tenant law makes traditional leases worthless, and there are very limited circumstances in which a landlord can reclaim the property. Squatters rights for the win![/quote]
I stopped by the open house for 1115 C NE and it showed really well—not well enough for what it sold, IMO, but I can see between that and the location why at least a couple of people got silly with their offers.  Although C is kind of a busy street, come to that.

And yeah, we're renting in CH.  We love the neighborhood, and there's an advantage to living in an old house that someone else has to pay to fix (OTOH, it means they have no incentive to replace crummy low-end appliances or drafty windows, either).  But it would be nice if buying were at least an option.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics