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Good Deal or Not? “BEST OF BOTH WORLDS” edition
This house is located at 406 Tennessee Avenue, NE:
The listing says:
“OFFERING BEST OF BOTH WORLDS: WELCOMING 1910-CHARACTER EXTERIOR, W/ FRONT PORCH, ALL-NEW INTERIOR!! FULFILLS THE FUSSIEST’S WISHLIST! OPEN FLOORPLAN. 2 EXPOSED-BRICK WALLS. 2-SIDED FIREPLACE. EURO-CONTEMPORARY KITCHEN W/ CAFE BAR. SKYLIT STAIRCASE. CATHEDRAL CEILING, WALK-IN CLOSET IN MASTER BED/BATH SUITE. BASEMENT W/FRONT ENTRANCE – IN-LAW SUITE POTENTIAL. NEW WINDOWS, GARAGE, PRIVATE BACKYARD”
You can see more photos here.
This 3 bed/3.5 bath is going for $699,900.
Category: Capitol Hill, Real Estate
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WHY DO THEY HAVE TO SHOUT?
Why do the owners allow this to happen? If my agent did this I would call them immediately. Also see: FUSSIEST’S ?!
“Fulfills the fussiest’s wishlist” — i.e., fulfills the wishlist of the fussiest — is correct in grammar and punctuation.
But yeah, all the SHOUTING is annoying.
You’re right. I think it’s pretty clear, however, that they meant “the fussiest wishes”
Ho…hum.
“Good deal or not – I wanted a dining room and all I got was this bizarre fireplace edition.”
nice that they decided to fix up the garage too… lots of projects seem to forget that part.
New game: Count the vases!
I think this should net $670K. I personally don’t think that is a good deal, but I’m guessing the market will support it. I am not a fan of the fireplace. It really limits the dining space. And why do people make separate bath/showers in these small row homes? It seems like such a waste of space.
There was probably a waste of space office/nursery/3rd bedroom on the 2nd floor. So why not turn it into a master bedroom and see way more return on investment than a home office?
What’s funny is that today or within the past few days there was a front page WaPo story about how the flippers were back. Now these were flippers who were more serious than the casual jobs from bubble days gone by, but still buying, fixing, and then selling.
I have to say that I am a bit conflicted. Some flip jobs may be taking a house that has more to fix than most people would be comfortable with doing at which point they are fixing a house that might otherwise be idle for longer and getting it fixed and occupied. Then there are the turn a rowhouse into a 2 or 3 unit condo flippers which I just can’t abide all that much (I know they can make more doing this but still). In some cases I think the flippers can in some cases buy out from potential buyers who want to actually live in the house.
The best of both worlds: none of the neighborhood amenities of a city and none of the safety/good schools of third ring suburbs. Just $700K!
this is a capitol hill home, in the Maury school district. they will get more than $700K.
The staging furniture is awful.
I feel like most of the GDoN entries are obvious flipper homes. This much flipping can’t be sustained for much longer.
My former landlord and I agreed in late 2003 that the housing bubble was unsustainable and was soon to burst. Took nearly three more years before it actually did…
It’s odd for me to be the only one to like one of these—especially with the open floor plan. I love the kitchen. Also, at first I thought the fireplace was cool, but seveneye is right in that it means you can’t have a real dining room. I thought the house was a good deal considering what people seem to be paying these days.
You’re not the only one. I like it, too. It’s very clean, the kitchen looks great, they took care of the outdoor areas, too.
Some people just like to complain. (The staging? Really??)
I LIKED THE STAGING – I HAVE THAT EXACT IKEA BED!!!!!!
It’s too bad they didn’t shift the fireplace 4 feet toward the living room — they’ve created a huge dead space on the living room side and left not enough space for a dining room.
Anyone notice how the HVAC intake/return is right next to the gas fireplace? Say hello to carbon monoxide poisoning.
I think its pretty nice. I walk by this house almost daily and the developers took their time renovating so it’s not a “quick” flip as someone suggested. Either way my only complaint would be the small dinning area and the washer/dryer in the basement (this means having to enter your in law’s space if you put them in the basement).
I know an in-law suite is the proper name for the basement but I am surprised more real estate listings don’t offer that space as a work from home option. We used our basement that way and it’s a great option for seperating out home and work. Since so many people work at home full-time, it would seem to me that more real estate agents would try to sell the illegal basement apartments as the “PERFECT PLACE TO WORK AT HOME” (if it were in this ad.)
If you look at photo #4, the door to the basement stairs appears about 18″ wide. You couldn’t even get a laundry basket down those stairs – you’d have to go outside on the porch and down the exterior stairs and re-enter the basement.
Oh. I thought that was for the ironing board. ; )
Actually, it’s probably HVAC access, and the basement stairs are under the other stairs.
I think that’s a closet. You can see the stairs (with no/open door) in a shot from the kitchen looking to the front of the house, and they sit under the stairs to the second floor.
You’re right. That’s a good location for the stair door. Mine opens from the side of the stairs and there is often sudden-door-opening conflict.
I think this place will sell for 700. Definitely nicer than some of the flip jobs ive seen online or in open houses.