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Good Deal or Not? “tons of potential” edition
This house is located at 913 Columbia Road, NW:
The listing says:
“2BR, 2BA rowhouse in NW. Investors dream come true. This home has tons of potential, needs a little TLC to make it shine. Located close to schools, shopping, Columbia Heights Metro station and much more.”
You can see more photos here.
This 2 bed/2 bath is going for $369,900.
Category: Columbia Heights, Park View, Pleasant Plains, Real Estate
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Recent Comments
Anon
3:39am
I live literally across the street in a two bedroom and total rent is over $1000 less a... 
Logan_Lady
1:17am
Obviously--the building is haunted.
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10:33pm
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Ridiculous. Way overpriced!
Sherman and Georgia seem to me to be making slow but sure progress. I can see how 3-5 years from now the chance to have bought this place for $370k will have been good a deal. But it depends on these neighborhoods making further progress.
seems ok — it certainly needs work, but it does look livable. And livable homes under 400k rarely come up in Col Heights / Park View.
There is just no inventory in DC right now so house prices have been sky high.
The location is great, just off of 11th and it seems livable. I think it’ll gain value in the future, but it seems to need some TLC to give it some character.
Maybe $250,000
$250k? Crazy talk. In that location you can’t get a shell of a home for $250k, especially on that side of Sherman Ave. This looks far from fancy, but definitely livable. It might be slightly overpriced, but it’ll go for close to that, I am certain.
I think we’ve seen worse photos/listings but I can’t remember when. No way to tell if it’s a good deal – these houses – I’ve looked at a couple – have pretty small bedrooms and no really useable basement.
almost $430 bucks a sq/ft for that tiny house, in THAT condition, in THAT location?
Geeeetouttta here!
Gonna need a lot of work. Wouldn’t be worth it to me as an investor if it was over $270k. The houses next to it (all with dated siding) reduce the overall appeal of that block. It’s gonna need new electrical & plumbing, pretty much guaranteed. Based on just what I see, it looks like the entire house is wood construction, and I’d rather knock it down and re-build like they did by 9th & Euclid, 1 block down from there.
Cute house and good location but the price seems way high for what looks like a gut job. Also, what hideous slobs the owners are! They couldn’t even neaten up a little for the pictures? If that’s any indication of how they care for the house then that’s scary.
I’d be very surprised if this were owner-occupied… looks like (messy) tenants to me.
(Not to say that owners can’t be slobs, but unlike tenants, they have a vested interest in trying to make a place look good in order to sell it.)
No way! Nice space, but they will need to knock $20,000 if they hope to sell a fixer upper.
God price but not if you’re an “investor”. An investor wants to turn a profit fast, but if you want to live in it and have time, you’ll be lucky to get a place in Columbia Heights/Pleasant Plains at this price. Sure you might want to pump $20k as TLC, but after that you’ll be doing good (especially with such low mortgages)!
My family use to live next door at 915 Columbia Rd, NW back in the early 60′s. The neighborhood has changed for the good.
It’s a little over-priced for sure, but I think some folks would be surprised at how little work this property actually needs. The mini-split AC in the bedroom is a good sign, and the sleeping porch *looks* relatively okay. Although the bath room may be a crap shoot…{rim shot}
Agreed, maybe a bit high, but not much. Pretty darn good location too. It’s kind of cute in my opinion.
Also, lol on the crap shoot!
looks temporary… as though it could drive off at any moment…. remember that scene from Blind Date with Kim Basinger and Bruce Willis? Yeah.
this is a dump
If you think this is overpriced, you haven’t been looking for a house around here recently. Half decent location, half decent condition, less than 400k — it will be gone by the end of the week. There was a place near Petworth metro two weeks ago. 385k, I think. No central air, kitchen needed completely redone. There were 25 offers in less than 2 days. Yeah. This place looks pretty good.