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Good Deal or Not? “huge bay window” edition

by Prince Of Petworth — November 19, 2012 at 1:00 pm 18 Comments

This condo is located at 442 M Street, NW:

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The listing says:

“Stunning 1BR/1BA + DEN in historic brownstown in the heart of Mt. Vernon. LOW CONDO FEES! Completely renovated in 2007, this amazing condo has top of the line appliances, quartz countertops, hardwood floors, separate entrance, huge bay window. Steps to Safeway, VIDA Fitness, amazing restaurants, shopping,& nightlife. Minutes to green, red, & yellow metro lines. Washer/dryer in unit. Pets OK”

You can see more photos here.

This 1 bed/1 bath is going for $388,000 ($180 monthly condo fee.)

  • Nearly $400K for a 700 sq ft basement apartment in that location? No way.

    Good Deal NOT.

    • Anon

      Agreed. It seems to be about $150K overpriced…

  • Stephanie

    yeah – misleading about the bay window. you’re in the basement of that bay window. i live in a basement apartment but i paid way less than this for 508 square feet in a more “desirable” location no thanks

  • Anonymous

    this is laughable

  • How did they take the photo of the bathroom and avoid appearing as a reflection in the mirror? Maybe they’re vampires?

    • Anonymous

      Your comment made me actually go in and look at the photos… and now I’m wondering the exact. same. thing.


      • qst

        The door frame looks fuzzed out, looks like they used photoshop.

        I understand what they’re trying to do, but wish realtors would provide more photos of the inside of the house and fewer of the neighborhood.

    • Anonymous

      They remembered to photoshop it out.

  • Anonymous

    I think it’s fairly priced. The neighborhood isn’t bad (seems close to that city vista complex and is only two blocks from the metro) and it’s practically a two-bedroom. I would pay maybe 380 and maybe full price if it had outdoor space.

  • bland, dark, icky basement. Not for that price.

  • Bad deal – basements in that neighborhood flood when it rains too heavily. $288k I’d be all over that. $388k for the upper floors? Sure thing. Especially if it had a perk like a balcony in the back, a rear yard for the first floor unit, or a parking spot. But almost $400k for a basement with one room that doesn’t even have a window to the outdoors where the only real amenity is that it comes with an in-unit swimming pool after a heavy storm? No thanks.

    • 1ndc

      Sorry dude those basements don’t flood, I’ve lived on that block over 30 years with a basement that never had a drop of water in it……..

    • Anonymous

      I’m not sure you’re thinking about the right neighborhood…never once had a flood in my basement and I live on that street.

  • Hammy

    It’s also right on the street that leads directly to the 3rd St. tunnel. Noisy, and a really inconvenient one-way street.

    • I live on that block and love the location. However, I agree that the various one-way and two-way configurations of M St are weird (it seems to change every block), and this block does get backed up during rush-hour. I also don’t think the basements flood, but I still wouldn’t want to live in a basement myself. This is a really nice building, though, and I bet it sells well.

  • xnon

    i’m always surprised by pop commentors general dislike of this area. i think it is a great area. convenient to downtown, chinatown, restaurants, a grocery store, a very nice library, the metro. and noise? christ almighty, people are always asking for more and more development here to be like other cities, yet it seems few actually want to live in a city.

    that said, i’d never live in a basement.

  • Rich

    I’ve seen 2br/2 bath basements in more popular neighborhoods for not much more and they obviously had more investment in the kitchen, etc. The condo fee is low and likey to get jacked up once the first major expense occurs.

  • Anonymous

    The basement units on this block rent out for $1,800 per month and a comparable unit just sold for $400K so the list price is absolutely justified and will sell within 60 days.

    Not sure who thinks a 1 bedroom 700 sq foot will ever sell for $230K but you are completely clueless. Maybe in Baltimore…


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