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Good Deal or Not? Open House in the Storm Edition

by Prince Of Petworth February 9, 2010 at 1:00 pm 11 Comments


This condo is located at 1401 Church Street, NW:

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The flier says:

“Finally a spectacular one bedroom loft at the sought after Loft 14, which features authentic & spacious lofts. This unit includes exposed brick, 11″ concrete ceiling, bamboo flooring, Europen Scavolini cabinets, track lighting, granite counter, upgraded stainless steel appliances & commercial grade windows!Don’t forget, its at Logan Circle!”

You can find more info and photos here.

Since they had an open house right after the snowstorm I thought it appropriate to make them a GDoN?


Does $499,500 sound reasonable? And does it make sense to have an open house the day after a historic snowstorm…?

  • new hampy

    that is the most bizarre kitchen set up i’ve ever seen. i don’t know what to say.

  • skeedattle

    Realtor: I recommend a photo of the bedroom in your 1BR advertisement? And what is photo #9 a shot of? Condo fee seems reasonable considering electric is not included. Price includes parking spot, and location is really, really fantastic. I think it may be a tiny bit overpriced, but could be wrong. Sorry for the snark! Cabin fever! Time to go walk maybe!

    Hey, POP, any chance you can rework links to open as a new tab in an Internet application? Some sites seem to work this way, but on POP, clicking a link dives straight away into the linked page, so we have to back out to get back to POP. I know I can right-click and select ‘open link in new tab’ but i forget that more times than not. Just a suggestion, if it’s even possible.

  • Warderite

    Nice location, seems expensive for a one-bedroom but the rate per square foot isn’t as bad as I would have expected.

  • Seems extremely expensive to me…

  • EPF

    European Scavolini cabinets look alot like Ikea cabinets…not that there’s anything wrong with that. Does $600/sq ft seem excessive for a studio condo?

  • If 10% of your photos is dedicated to your stackable washer/dryer combo…

  • Anon

    While the photos are crap, I sold my 1 Bedroom condo across the street (Lofts 2) for 5K less in 3 weeks and that was last Feb. when the market was REALLY bad. Our layout was much better (and we had a balcony), but people WANT to live here. We got out because we wanted more space but again, there is a certain clientele (our buyer paid cash) who want to be on this street and this is right around the price point for these lofts. Would I have bought my loft for this price, heck no (we made some serious coin on the sale). But I was more than willing to sell mine at this price. It will sell within a month and within 20K of this price. Mark my words (even with the terrible kitchen layout and the horrific pics!)

  • Rolltop

    It really is arguably a contender for best block in DC.

  • Richko

    At this price, if my agent made multiple typos in the listing and could only manage to post 10 photos, his or her ass would not be long for my business! (Although I’ve seen even worse online listings at higher price points; maybe people who don’t know how to write or spell coherent English have a higher propensity towards careers in RE, who knows.)

  • victoria

    So how does a Realtor with a listing this poorly done stay in business? When a seller is shopping around (for someone to whom they are going to give 15% of their sales price!) don’t they check previous listings?

  • overpriced by about $100,000…..have you READ the WAPO articles about overpricing in DC?


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