Real Estate

Good Deal or Not?

The flier for this house located at 1465 Florida Avenue, NW says,

“Great find in the USt corridor. Lots of original features , hardwood floors, separate dining room, pocket doors updated kitchen and systems, patio in the rear. 3 blocks to Green line metro, shops and restaurants.”

More details can be found here with a cool virtual tour.

Now this is another really good location but I’m guessing the house needs around 100k put into it to make it really nice. But I suppose you could do small projects piece by piece. So do you think $589,000 is a good deal or not given the location and the condition of the home?