Good Deal or Not? “richly endowed home” edition (reader request)

This home is located at 103 8th St, NE:

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The flier says:

“This dazzling jewel speaks to the character/charm of this 1890’s Stately 3 story Victorian. From the cupola to the English bsmt. this richly endowed home gleams from western light & is blessed w delightful location, equal distance to Stanton & Lincoln Parks & short strolls to Eastern Mkt. or Union Station metros. Excellent spaces to entertain!”

You can find more info here and photos here.

The reader writes:

“Okay – What I am missing in this listing? Why is this place so cheap? There are some realtor notes that the say only kitchen is in the English basement, no yard, and no parking. But, truly, for that price I will add another kitchen and get over the lack of parking and yard.”

What do you guys think – is $489,500 for this 3 bed/2.5 bath the “best deal ever”? What do you think it’ll actually go for?

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