Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.
This is a dumb statement. If anything, Hyattsville/Riverdale/University Park are underpriced in terms of easy commute into DC, big lots, walkability, sense of community and charm. It's an amazing area for young families. The area's only drawback is the middle/high schools, but you could say the same about Del Ray or Alexandria or any number of places that are priced higher.
Oh, please. There are thousands of jobs right in and immediately around Del Ray and Alexandria. Not so in Hip Happening Hyattsville.
Anonymous wrote:Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.
This is a dumb statement. If anything, Hyattsville/Riverdale/University Park are underpriced in terms of easy commute into DC, big lots, walkability, sense of community and charm. It's an amazing area for young families. The area's only drawback is the middle/high schools, but you could say the same about Del Ray or Alexandria or any number of places that are priced higher.
Anonymous wrote:Anonymous wrote:Yeah, not overpriced. The major drawback is the bathroom situation (only one upstairs and it’s tiny and oddly located) but the house is otherwise so lovely and in such great condition, there’s no question it goes over ask. Maybe even 100k over? I always think things will close for less than they ultimately do though (wishful thinking).
You could convert that office into a primary bathroom off the master bedroom. Or that linen/cedar closet- there’s room to play around. It would be a shame to rip out all that beautiful vintage tile though and get rid of the original bathroom completely.
Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.
Anonymous wrote:Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.
This is what happened in 2009.
Anonymous wrote:Yes, the house is overpriced in large part because Hyattsville is overpriced. When the market inevitably cools, PG County is going to cool a lot faster than other places in the DMV. This not a place where I’d invest.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I've been scrolling zillow again - what do you all think of this house? 625k seems high to me. I think this agent must have several listings as I've seen variations on "hip happening historic Hyattsville" several times during this zillow sesh.
https://www.zillow.com/homedetails/5303-41st-Ave-Hyattsville-MD-20781/37517368_zpid/
OP curious where you live?
Currently renting in Silver Spring. We were planning on buying in spring/summer 2020 and had Hyattsville on our list, then pandemic happened, and I hadn't realized how much the prices had gone up!
Ahh makes sense why you’re questioning the price … yeah things have changed in a year big time.
Anonymous wrote:I think Hyattsville is in a weird place where it’s entirely possible that there’s a ton if interest from people priced out of other places who can afford to bid crazy amounts over the asking price, so some homes really go for a lot. This realtor tends to price on the lower side and gets a lot of bidding wars. So I wouldn’t be surprised if it goes for a lot over the list price. It’s on a pretty block surrounded by larger than average Hyattsville homes (which I think lends itself to seeming more valuable/expensive), and it’s an unusually large lot for the neighborhood, so even if it’s kinda small, there’s room to add on.
I’ve also noticed a number of other realtors using this same language on their listings, so that may be why you’re seeing hip, happening, Hyattsville a lot.
Anonymous wrote:Yeah, not overpriced. The major drawback is the bathroom situation (only one upstairs and it’s tiny and oddly located) but the house is otherwise so lovely and in such great condition, there’s no question it goes over ask. Maybe even 100k over? I always think things will close for less than they ultimately do though (wishful thinking).
Anonymous wrote:Love everything about this house. Wood doors, crystal knobs, built-in dressers, cute porch, large yard, seems walkable (not super familiar). The kitchen is a good size, bedrooms seem decent and well-lit. Countertops in kitchen need updating aesthetically but they look to be in fabulous condition along with the rest of the house.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I've been scrolling zillow again - what do you all think of this house? 625k seems high to me. I think this agent must have several listings as I've seen variations on "hip happening historic Hyattsville" several times during this zillow sesh.
https://www.zillow.com/homedetails/5303-41st-Ave-Hyattsville-MD-20781/37517368_zpid/
OP curious where you live?
Currently renting in Silver Spring. We were planning on buying in spring/summer 2020 and had Hyattsville on our list, then pandemic happened, and I hadn't realized how much the prices had gone up!
Ahh makes sense why you’re questioning the price … yeah things have changed in a year big time.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I've been scrolling zillow again - what do you all think of this house? 625k seems high to me. I think this agent must have several listings as I've seen variations on "hip happening historic Hyattsville" several times during this zillow sesh.
https://www.zillow.com/homedetails/5303-41st-Ave-Hyattsville-MD-20781/37517368_zpid/
OP curious where you live?
Currently renting in Silver Spring. We were planning on buying in spring/summer 2020 and had Hyattsville on our list, then pandemic happened, and I hadn't realized how much the prices had gone up!