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Good Deal or Not?

by Prince Of Petworth October 2, 2008 at 1:00 pm 4 Comments

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This home at 925 O St, NW was a previous door(way) of the day. (Interestingly this is the second former door of the day I’ve seen for sale…) Anyway, the flier says:

“ESTIMATED $1800 FROM 2 BR MAKES THIS HOME AFFORDABLE & A GOOD INVESTMENT. VERY UNIQUE SPACIOUS & LIGHT FILLED CORNER HOUSE. OWNER’S RESIDENCE HAS 3 BR 2.5 BATHS. SPACIOUS LIVING ENTERTAINING AREA W FP, GOURMET KITCHEN WITH FP DECK, MASTER SUITE W FP & LOFT. PARKING, WALK TO NEW CONVENTION CENTER VERIZON CENTER GALLERY PLACE & O ST. MARKET.”

More info and photos found here.

I’ve always liked corner rowhomes. This property was originally priced at $1,249,500 but is now listed at $997,500. Ed. note: the Web site says a prior price was $975,500. I’m not sure if they increased the price. Is that possible? So for this home at this location is nearly a cool million a good deal or not? How much value do you add to a corner home?

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