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Good Deal or Not? FSBO Condo Edition

by Prince Of Petworth December 5, 2008 at 1:00 pm 9 Comments

DSCN4876

DSCN4875

This condo is located at 1101 Fairmont Street, NW:


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The owner has a Web site that says:

“This condo is in excellent condition. It is perfectly located in Columbia Heights on a pretty, quiet street with plenty of street parking. The building is just steps from the Columbia Heights Metro stop and the new Columbia Heights retail development (Target, Bestbuy, Bed Bath and Beyond, Washington Sports Club, Marshalls, Staples, and More) and plenty of other area nightlife, restaurants, shops. The building is also an easy downhill walk to the U Street Metro and Corridor with plenty of additional shopping and nightlife. Short walk also to Adams Morgan. This condo is right in the center of it all!”

More details and photos can be found here.

It seems the condo has been on the market since at least July 20th (when the Web site was created). It’s a two bedroom two bathroom going for $465,000. What do you think is a realistic price for a ground floor condo at this location?

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