Anonymous
Post 09/30/2020 22:35     Subject: Re:Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:At least there’s parking and a backyard. Unlike that house listed for 1.8.

Yeah, but the house that's listed for 1.8 has its original details, is in a great location, and has over 3,500 square feet.
Anonymous
Post 09/30/2020 22:00     Subject: Re:Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:How about this one ? 12th and G St Northeast at 1.3 mi: https://www.redfin.com/DC/Washington/1231-G-St-NE-20002/home/10173981

Okay, now, that's overpriced. $1.3 million for 1230 square feet? Maybe if it were closer to Lincoln Park or the Capitol, but in that location? No. There is nothing about that house that's worth $1.3 million in that location.

The Capitol Hill Market is hot, but this one? The sellers are delusional.


At least there’s parking and a backyard. Unlike that house listed for 1.8.
Anonymous
Post 09/30/2020 21:55     Subject: Re:Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:How about this one ? 12th and G St Northeast at 1.3 mi: https://www.redfin.com/DC/Washington/1231-G-St-NE-20002/home/10173981

Okay, now, that's overpriced. $1.3 million for 1230 square feet? Maybe if it were closer to Lincoln Park or the Capitol, but in that location? No. There is nothing about that house that's worth $1.3 million in that location.

The Capitol Hill Market is hot, but this one? The sellers are delusional.
Anonymous
Post 09/30/2020 21:15     Subject: Re:Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous
Post 09/30/2020 18:34     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:For $1.8-2M, I want parking and actual usable space, not cramped awkward corners. Nice woodwork, be damned.

3500 sq ft doesn't seem cramped to me. The parking is an issue, though. I hadn't noticed that.


It’s a giant, historical home on one of the best blocks a mile from the Capitol. 1.8 mil is actually kind of a good deal.


I am not sure I have ever seenan actual deducted laundry room on a Cap Hill row home.
Anonymous
Post 09/30/2020 13:57     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:For $1.8-2M, I want parking and actual usable space, not cramped awkward corners. Nice woodwork, be damned.

3500 sq ft doesn't seem cramped to me. The parking is an issue, though. I hadn't noticed that.


It’s a giant, historical home on one of the best blocks a mile from the Capitol. 1.8 mil is actually kind of a good deal.
Anonymous
Post 09/30/2020 12:55     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be.

https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724

https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927

Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures.

https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211



The house on 14th between F and G checks all of the boxes for me and was beautifully redone, but I think it's a bit pricey given its location. More stuff keeps opening up on the far end of H St., but I still think that areas as a whole is about 5 years away from really turning the corner. Also very far from any public transit. I think if that house came in around 1.2-1.25, it would generate a lot more interest and could wind up going for up to 1.4, but I think pricing it that high from the outset may turn some people off. If it were closer to Lincoln Park, I think it would be appropriately priced (or even a bargain).

1008 East Capital is beautiful, miraculously still in Maury. Awesome house, still has so much character. Think that one's appropriately priced, but we'll see. My sense is that houses 1.6 or higher take a little longer to move than most others since there aren't nearly as many people that can afford that amount.

2 6th Street is interesting. Want to see some pictures. No parking is definitely a minus (not sure about this 12-month lease on a parking space; would make me a bit hesitant knowing that I don't have my own permanent spot). Also, the lot size is weirdly small at under 800 sf. That strike anyone else as weird? That said, awesome location.


The 14th Street house is a mile from Metro but a block from great bus lines and two blocks from the trolley (and more bus lines). This corner of the city is actually really well served by public transit.
Anonymous
Post 09/30/2020 12:15     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be.

https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724

https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927

Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures.

https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211



The house on 14th between F and G checks all of the boxes for me and was beautifully redone, but I think it's a bit pricey given its location. More stuff keeps opening up on the far end of H St., but I still think that areas as a whole is about 5 years away from really turning the corner. Also very far from any public transit. I think if that house came in around 1.2-1.25, it would generate a lot more interest and could wind up going for up to 1.4, but I think pricing it that high from the outset may turn some people off. If it were closer to Lincoln Park, I think it would be appropriately priced (or even a bargain).

1008 East Capital is beautiful, miraculously still in Maury. Awesome house, still has so much character. Think that one's appropriately priced, but we'll see. My sense is that houses 1.6 or higher take a little longer to move than most others since there aren't nearly as many people that can afford that amount.

2 6th Street is interesting. Want to see some pictures. No parking is definitely a minus (not sure about this 12-month lease on a parking space; would make me a bit hesitant knowing that I don't have my own permanent spot). Also, the lot size is weirdly small at under 800 sf. That strike anyone else as weird? That said, awesome location.


The lot size is small because it's probably only the footprint of the house. In the L'Enfant city, front yards are usually technically owned by the city and classified as public park land. The way that this lot is situated, there is no back yard.
Anonymous
Post 09/30/2020 11:28     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:For $1.8-2M, I want parking and actual usable space, not cramped awkward corners. Nice woodwork, be damned.

3500 sq ft doesn't seem cramped to me. The parking is an issue, though. I hadn't noticed that.
Anonymous
Post 09/30/2020 11:26     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

^^but I understand that others feel differently. I do find them charming to look at. Just not to live in!
Anonymous
Post 09/30/2020 11:25     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be.

https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724

https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927

Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures.

https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211


623 14th St. NE looks like a flip. Blah (IMO).

1008 E. Capitol is gorgeous. I'd be all over that house if I could afford $1.85 million—or, more realistically, $2 million. In that location, in that condition, with that much space, I think it will go for more than list.

2 6th St. NE is in a great location, but it's hard to know whether it's priced right until they get some interior pictures up.


For $1.8-2M, I want parking and actual usable space, not cramped awkward corners. Nice woodwork, be damned.
Anonymous
Post 09/30/2020 11:23     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:I just hate when you have these beautiful old homes with exposed brick and great woodwork and then turn it into some sterile modern interior. Those types of interiors will not age well. You know how we look at 90s houses with their light wood cabinets and 2 story family rooms that just scream mcmansion? I think that is how most people will feel about interiors like the Gallatin house in 20 years.


I agree wholeheartedy. I don't think the "Early 21st Century Flipper" style will age well at all. That said, there's also some truth to this:

I hear you, but a lot of old homes in DC are just that - old.

Some of these houses lost their original charm long ago. It's easy to forget, but there was a long while when Capitol Hill was not a great neighborhood and the houses would not have been kept up well. When I want to make myself feel better about all these bowling-alley white-and-gray flips, I tell myself that the flippers probably didn't tear out the original woodwork—it was gone or ruined long ago.

That's what I tell myself, anyway, because the alternative makes me sad.



As a Hill resident, this is very true.
Anonymous
Post 09/30/2020 11:08     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:Really love these 2. 2nd one is pricy, but don't know the market enough to say what the true price should be.

https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724

https://www.redfin.com/DC/Washington/1008-E-Capitol-St-NE-20003/home/9906927

Also want to see more of this one. Only on Redfin for 7 hours so hopefully they put up interior pictures.

https://www.redfin.com/DC/Washington/2-6th-St-NE-20002/home/9897211


623 14th St. NE looks like a flip. Blah (IMO).

1008 E. Capitol is gorgeous. I'd be all over that house if I could afford $1.85 million—or, more realistically, $2 million. In that location, in that condition, with that much space, I think it will go for more than list.

2 6th St. NE is in a great location, but it's hard to know whether it's priced right until they get some interior pictures up.
Anonymous
Post 09/30/2020 11:03     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:I just hate when you have these beautiful old homes with exposed brick and great woodwork and then turn it into some sterile modern interior. Those types of interiors will not age well. You know how we look at 90s houses with their light wood cabinets and 2 story family rooms that just scream mcmansion? I think that is how most people will feel about interiors like the Gallatin house in 20 years.


I agree wholeheartedy. I don't think the "Early 21st Century Flipper" style will age well at all. That said, there's also some truth to this:

I hear you, but a lot of old homes in DC are just that - old.

Some of these houses lost their original charm long ago. It's easy to forget, but there was a long while when Capitol Hill was not a great neighborhood and the houses would not have been kept up well. When I want to make myself feel better about all these bowling-alley white-and-gray flips, I tell myself that the flippers probably didn't tear out the original woodwork—it was gone or ruined long ago.

That's what I tell myself, anyway, because the alternative makes me sad.

Anonymous
Post 09/30/2020 10:48     Subject: Are these H St. NE / Capitol Hill houses priced appropriately?

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:^^Like that Gallatin house. LOL!


Haha. That house is objectively nice, but I just hate when you have these beautiful old homes with exposed brick and great woodwork and then turn it into some sterile modern interior. Those types of interiors will not age well. You know how we look at 90s houses with their light wood cabinets and 2 story family rooms that just scream mcmansion? I think that is how most people will feel about interiors like the Gallatin house in 20 years.


I hear you, but a lot of old homes in DC are just that - old.


Totally understand, but old houses can be tastefully redone. Compare the Gallatin house I linked to the 14th St house someone else listed. Both are modern updates, but the 14th street house is tastefully done and will age well. The Gallatin house is way to modern and will not age well.


https://www.redfin.com/DC/Washington/1308-Gallatin-St-NW-20011/home/10024918

https://www.redfin.com/DC/Washington/623-14th-St-NE-20002/home/9915724