Real Estate

Good Deal or Not? Dueling Corner Homes Edition

These homes are located at 452 (pictured below) and 453 (pictured above) Newton Place, NW.


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The flier for 453 says:

“$30,000. PRICE REDUCTION!!! GREAT INVESTMENT OPPORTUNITY ON THIS 4,088 SQ FT, 3-UNIT TOWN HOME SITTING ON A WONDERFUL CORNER LOT IN COLUMBIA HEIGHTS. TWO 2 BR UNITS AND ONE 1 BEDROOM ALL LOCATED WITHIN WALKING DISTANCE TO METRO, HOWARD, WASHINGTON & VA HOSPITALS. NEW PLUMBING AND MANY OTHER UPGRADES THROUGHOUT.”

You can find more info and photos about 453 here.

The flier for 452 says:

“PRICE REDUCTION!!!!Terrific, espacious, beautifull END UNIT brick Townhouse. Five good size bedrooms, formal dining room, two car garage detached, nice fully finished basement with a private side entrance, full bath and living area. Bring your client and send an offer before you miss it. THIS IS NOT A SHORT SALE.”

You can find more info about 452 here.

I thought this would be a neat comparison since they are both corner units right across the street from one another. 452 is going for $525,000 and 453 is going for $469,900. Do either seem reasonable to you?