The old rule of thumb was that the rent should be equal to about 1 percent of the value of the property. Even allowing for the rent to be worth about 0.5 percent of the value, the house would be worth about $1,500,000 (using its current rental value of $7,500/mo). The house is assessing at $1,750,000. So $2,750,000 seems high by a lot.

I would also add that the owners are not the occupants and probably didn’t ask to have their home critiqued by a bunch of strangers, so it is probably unkind to say too much more about the decor.

I think if you are going to be asking for this much money, updated bathrooms and kitchens are a must.

Assuming someone put 20% down and got a 30 year mortgage at 6%, the mortgage payments would be $13,190 a month, not counting tax and insurance. That’s almost twice the amount of rent coming in. Definitely not a good deal.

Yes, indeed, East Village is the name for that part of Georgetown east of Wisconsin Avenue. It’s often referred to as the “desirable East Village location,” meaning that some very big wigs have lived there (and do now), and you are not over by that big eponymous university whose inebriated students pee and puke on your lawn and have loud parties.

You beige nasty HGTV drones – back off! This place looks homey and warm – loads of books, a great piano, drums, interesting eclectic art, weird little bunks, dynamic color. I want to meet these people more than any of you! How cool to lie in the zero-gravity chair in the sunroom with a tuba?

This street, this block, has the worst traffic in Georgetown. Busses, trucks, ambulances, garbage trucks. All day, all night. And on Sundays, they allow parking on both sides of the street which makes the street a one lane traffic hazard….busses running into parked cars, traffic at a stand still. I can think of better homes to spend $2.5 mil