Good Deal or Not? “COMPLETE GUT RENOVATION” edition

This home is located at 715 Newton Pl, NW:

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The flier says:

“COMPLETE GUT RENOVATION BY EQUITY RESOURCE! ++WALK TO METRO++SECURE SEMI COVERED PARKING FOR TWO++GOURMET KITCHEN WITH LG STAINLESS APPLIANCES, GRANITE COUNTERTOPS & OPEN FLOOR PLAN! MAPLE HARDWOODS, RECESSED LIGHTING, FRONT LOADING WASH/DRYER, UPPER LEVEL DECK OFF BACK TWO BEDROOM AND TWO FULL BATHROOMS UP WITH CUSTOM TILE.”

You can find more info here and photos here.

$425,000 sound right for this 3 bed/2.5 bath reno?