Good Deal or Not? “PURE LUXURY” Edition

This home is located at 1354 Quincy Street, NW:

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The flier says:

“THIS IS IT !!PURE LUXURY!!renovated 4br 3 1/2 ba, spacious living room and separate dining room with crown moldings, recessed lighting , fireplace. Center isle kitchen with stainless steel appliances, gas cooking, granite countertops and more. Master bedroom with fabulous tile bath and fireplace . The basement is fully finishedwih a separate room and wet bar. A must see.”

You can find more info and photos here.

The pictures are very disappointing but I love the location. Do you think $599,000 sounds reasonable?

25 Comment

  • It is well priced for what its showing. I have seen crappy houses, priced a bit lower than this one around same/closeby locations. So i think it is priced to sell.

  • worst realtor ever? perhaps.

  • flip job. house sold for 267k 4 months ago. I think they are asking a little much.

  • About 15 paces from Red Derby. Good deal!

  • “Pure Luxury”?? I think not. “Pure Builder’s Special”, more like.

    And those photos, what few there are, are total crap. Fire whomever took them and destroy their camera before they do this to someone else’s listing.

    captcha: ermine well

    • Renovating a house as I am, I don’t really understand comments like these on here. “Builder’s special?” It’s not possible to use ye olde salvaged baseboard all the time. If this house sold for 200-and-change a few months ago, it was a dump. In old houses, things need to be replaced. If a new owner wants to spend an extra several years salvaged doors and $80,000 attempting to recreate the parquetry and installing custom cabinets, that ought to be up to them.

      I think $599,000 would be more fair if the house was a few streets south. Walking to Columbia Heights retail from Quincy isn’t always an option. I’d expect a house like this to sell for $550,000 or so.

      • Who said anything about using vintage materials?

        As an ARCHITECT I fully understand that salvage and restoration isn’t always possible and that the seller must consider the marketplace. But that doesn’t mean using the cheapest, most readily-available materials either. Just look at the row house featured earlier this week in Bloomingdale. Whether you like the style or not, the builder clearly spent time and money to use high quality materials and applied them in a thoughtful manner.

        And even when the builder decides to use cheap materials–that doesn’t mean they are forced to advertise that property as ‘LUXURY’. Particularly when the cheapness is so blatant, it only turns buyers away, having the opposite of its intended effect.

        captcha: be decent (no joke)

  • The wet bar in the basement is pimp as shit…make sure you factor that when writing your escalation clause.

    • nominate this listing as the “pimp as shit” edition.

      that would be a hot MLS listing. “new renovation in petworth, great access to shopping, PIMP AS SHIT!”

  • Ooh, I love that block. The price is not bad for a ready-to-go house, but wouldn’t describe the house as luxurious. The luxury is the proximity to Red Derby.

  • I’ve seen so many houses that look like this on the outside.

    It makes me wonder if 90% of houses are being flipped by the same person or company in DC or whether all the flippers/builders have the same boring taste.

  • Looked at this house… Builder cut corners at every opportunity. Carpets in the basement are so lumpy it’s clear they laid them straight on the dirt floor.

    Factor in no parking, and you’ve got a house that should probably be in the low/mid $500s.

  • Nice old place in a great neighborhood, and it’s only getting better. I bet it sells quickly.

  • Terrible renovation. Its probably worth $600,000 but its a cheap job. I’d rather buy a nicer house in a less expensive area. However, I know not everyone shares my priorities or tastes. Its too bad these flippers are getting away with doing crappy jobs though.

  • I actually saw this place months ago when i was looking and even if corners were cut it is a 350% improvement from the piece of crap I saw. To anybody sticking their nose up to it as a flip job, I wish you saw the condition of this house 4 months ago. Nice neighborhood, nice victorian home…I say mid 500s.

  • Honestly, who is going to get excited about a kitchen with base model metal veneer (not really stainless) appliances and a sink in the corner? This is a true ‘home depot’ special, enjoy!

  • I’m mostly posting because the captcha says “dung Major.”

    As a green builder and residential renovator, I’ll chime in on the Home Depot special, as well. With the exception of basic building materials (lumber, drywall, copper pipe, wire, etc.) a house outfitted with HD materials is never going to be a good deal. It should be priced about the same as a gut job because you can expect to replace just about everything in the house in the next couple of decades. Judging the contractor by their selection of finish materials, it is probably safe to assume that the framing and infrastructure are pretty shoddy underneath all that high-VOC gloss. If pipes begin to leak or buried wire cap falls off somewhere, you’re tearing into walls around year 2. If proper subfloors weren’t installed, you’re replacing cracked bath tiles around year 5. The hardwood floors could start buckling this summer if not installed correctly, and the basement carpet is probably growing mold already.

    Buyer beware. If it’s as bad as eye-witnesses say, this house is designed to soon part you from your money.

    • So if I’m looking at a house with a home depot toilet I shouldnt buy it?

      • I supposes I should have said “…a house *entirely* outfitted with HD materials…”

        Buying an item or two from Depot doesn’t mean your house will fall down. The point is that builders who rely on HD for millwork, casing, flooring, lighting, cabinets, and faucets are not building with quality in mind. They are looking for a quick profit, and have every intention of passing the house’s problems off to the buyer.

  • captcha speaks to above poster: mason problem

    I’ll second mid 500’s as a good price for this home.

    Maybe a good strategy for this home would be to put in an offer, then hire an experienced eye or two to sleuth while the inspector does his thing. Then, you can walk or resubmit a lower offer.

  • Boring.

  • agree that the realtor should be fired. how do you list a 600k house with blurry camera phone photos?

    it costs less than a grand to have actual house photographers come in, and a good agent will easily recoup that cost due to increased traffic and resulting higher sale price…unless the blurry photos are to hide crap work.

  • Wow, did they get that front door at home depot? It looks sooo amazing with the fake leaded glass and all…

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