Good Deal or Not?

by Prince Of Petworth October 24, 2008 at 1:00 pm 18 Comments


Here’s an interesting house at 23 Rock Creek Church Road, NW. The flier says:

“LOOKING FOR A GOOD DEAL? TRY THIS ONE! (Pre-approved) home with a sep. car garage in the rear. full basement, 2.5 baths, MAKE YOUR BEST OFFER (SOME RECENT DAMAGE OCCURED DUE TO TANK OVERFLOW). check prices in area and then compare, good opportunity for the right buyer.”

More details can be found here.

Wow, “some recent damage due to tank overflow” is a bit terrifying, yeah? But the price reflects it – it’s yours for $325,000.

The original asking price was $399,900. Does the new price of $325,000 seem reasonable given the damage? (Here was a house on Rock Creek Church a few blocks away for $419,000.)


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