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What’s a Fair Price for My Rental Property? – 3616 Connecticut Ave. NW

Ed. Note: If you’re looking to rent a place out and are curious what is a realistic price send an email with ‘what’s a fair price’ in the title to princeofpetworth(at)gmail(dot)com. We can also do this for people selling their homes if interested.

The rental is located at 3616 Connecticut Ave. NW:


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The Craigslist ad says:

“DETAILS:
Large 1 bedroom, 731 square feet
Top floor of pre-war building (built in 1926)
High ceilings
Beautiful original crown moulding
Working wood-burning fireplace
Lovely, recently refinished hardwood floors

Recently remodeled kitchen
-Dishwasher
-Microwave
-Gas stove
-Granite countertops

Full bath with new vanity and lots of storage
Two large closets in bedroom
Two additional hall closets

Heat included!

Bike room and some additional storage available.
3 Washers/3 Dryers on 1st Floor”

The current asking price is $1895 for this 1 bedroom.

Well it def. looks nice but I’m thinking around $1750 sounds more realistic. What do you guys think is a fair price?

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