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Dear PoPville – Good Deal or Not Revisited? A tale of 2 houses

by Prince Of Petworth January 25, 2013 at 11:00 am 40 Comments

Ed. Note: Regular GDoN Revisited contributor hipchickindc is down with the flu. Feel better hipchick!

Dear PoPville,

Recently you had a post about retaining the original details in a house. Something interesting that happened this year down a few blocks down the street. Two houses were purchased in the same row and were remodeled and sold. The interesting part is that they are basically started as the exact same house with the same base layout. I am wondering what the readers think — which was a better deal, which one people like more, and what do they like or not like about each?

Here are some more details. Please note, that some of these details maybe estimated.

House 1: 5523 2nd St NW

Asking: $400,000
Sold: $421,000

Time on market: 1 open house for 2 hours resulted in a bidding war.
Description: House was in disrepair, so it was gutted. Layout of the house was changed with led for to a nice master suite. Bathrooms were moved also. Laundry on second floor. The purchase
Remodel done by some large all-in-one buy it, remodel it, sell it company.

House 2: 5527 2nd St NW (more photos here.)

Asking: $450,000
Sold: $427,000

Time on market: 2 months — went under contract after 2 open houses, but possibly fell through, then went under contract again.
Description: Original details were maintained as much as possible. Less open w/ more room separation. Master bedroom has vaulted ceiling.
Remodel done by Lofft Construction, a local place on Kennedy.

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