Good Deal or Not? “spectacular stone terraces for avid gardner” edition

1920 38th Street Northwest

This house is located at 1920 38th Street, Northwest:

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The listing says:

“Tx rec sq ft off-Renov. spacious 3BR, 2.25BA TH w/welcoming front porch w/bonus lot. Newer systems,roof, 2-zone HVAC gorgeous wd flrs, orig wd mldings, Fab kitc w/granite, SS, formal DR, light-filled sunrm. New MBA & renov HB. Lge fam rm w/bar. Bonus lot: 1 car garage w/spectacular stone terraces for avid gardner. Seller acc/reject any offer.Sun 1-4.”

You can see a virtual tour here.

This 3 bed/2.5 bath is going for $899,900.

13 Comment

  • Trying to start a bidding war? This seems low for this area? I would say good deal.

  • Onln psts don’t chge per wd. Y real est agnts still wrte ths way?

    • Truth. I have no idea what most of the listing says, a problem made all the worse by the utter dearth of pictures. I mean, I’m guessing it’s probably a decent place, at least at that price and that location, but I can’t exactly get much a feel for it off of what I presume is a Google Streetview screenshot.

    • I think MRIS has a character limit… but I don’t know if the agent was running up against the limit. I was thinking “Tx rec sq ft off” meant something like “Thanks recommendation square foot off,” which of course made no sense, but after reading it about 5 times I realized that it must mean “Tax records square footage [i.e., square footage according to D.C. property tax records] is off.”

  • This seems like an excellent deal for this house and location.

  • Great flip job. They kept all the original details while still updating it.

    Please take notes, DC Flippers Inc.!

    • Agreed. I have no idea whether the price is a good deal, but I really like how they kept original details. (Or restored them — I think a caption for one of the downstairs rooms said “New hardwood floors.”)

  • The buyer better check how many of the nearby places are student group houses and think carefully about their tolerance for living in the midst of that. Completely baffling how many people drop serious dime on homes in Burleith and are then stunned that the neighborhood is full of college parties.

  • Ridiculously overpriced for the neighborhood. While not as recently renovated, a perfectly livable version of the same house sold down the block (1934 38th) for $700k recently. There are not $200k of renovations here (although it looks nice). These types of 1200 sqft townhouses in Burleith & Glover Park regularly go from $650k-$750k depending on condition. This one is way above the listed Zillow values for comps in the area.

    I know the low inventory has created a bubble but this is crazy.

    • I don’t know this area well, but I do know Zillow values are extremely unreliable. They are typically much less than the actual market value of the home because they do not take renovations/market conditions into account. I would never judge a home’s value by what Zillow says about it.

  • justinbc

    I like that sunroom, the rest is just kind of “nice” in a non-inspiring way.

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