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Good Deal or Not?

by Prince Of Petworth September 9, 2008 at 1:00 pm 22 Comments

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A reader suggested I feature this home a couple of weeks ago. It is located at 1207 Lamont Street. The flyer says:

“Home was gutted & expanded, keeping 3 walls. Now all brand new with sophisticated contemporary design and materials. 2-level unit provides 1,850 sq. ft. of dramatic styling & features marble, granite, maple hardwood flooring, all new stainless appliances and front load washer/dryer. Great location-Walk to 2 Metros, shops, restaurants, & new DC USA Center. Parking included.”

It is divided into two units with unit #2 featuring 3 beds and 3.5 baths. More info and photos can be found here. It seems to have been on the market for over 90 days. The price is for unit #2 is $575,000. Good deal or not?

Unit #1 looks even sweet with a roof deck. The flyer for this unit says:

“Rowhome was gutted & expanded, keeping 3 walls. Now all new 2+levels with dramatic contemporary design, upscale materials include granite, marble, maple hardwood flooring, stainless appliances, parking included! 1,932 sq. ft. with 3 bedrooms & 3 full baths. Exciting glass ceiling and roof deck–great views!”

More details and photos including roof deck photos can be found here. This unit is going for $699,000. The location seems great. What do you think about this unit – good deal or not?

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