GDoN? “cute urban chic” edition

DC8525577 - Exterior (Front)

This house is located at 1803 Wiltberger St, Northwest. The listing says:

“Love city living? Come get a taste of historic living in the heart of Shaw! Featuring 1 Bd, 1 Ba, with a basement, 30 second walk to the metro, 3 blocks from U St, across from the newly renovated Wonder Bread Facotry and Howard Theatre, and near tons of dining and entertainment! Come see this cute urban chic style home today!”

You can see more photos here.

This 1 bed/1 bath is going for $449,000.

7 Comment

  • Looks like it needs some work in the basement. They missed the lesson about neutral colors and realtor beige. A th this price, they’re competing with condos that don’t have basements that appear to have water problems, but often have fancier kitchens. I suspect the space is a little limited.

  • I know location is everything, but this just boggles. The place is just under 700 sf, not renovated and on a street that’s practically an alley. Who wants to live like this for that kind of money?

  • Yeah I think overpriced.

  • Wow, not a good deal. $449k for a 1br at all is crazy, but one with finishes like this is just insane. I don’t care how central the location is, this is a rip off. No square footage listed either.

  • They’ll be lucky to see more than 400k.

  • That place is going to need a very specific buyer. More likely a renter, but at that price you won’t be able to make a sound investment if buying as an immediate rental. I’m guessing you could rent in the neighborhood of $2,500 a month, so you’d need a significant price drop to make sense. 700 sqft and $600 per foot, I’m guessing sales price closer to $420,000. Maybe even drop to $400K.

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