Real Estate

Good Deal or Not?

By Prince Of Petworth

This house is located at 1700 11th Street, NW and the flyer says:

“IMPECCABLE 2004 RENOVATION! LIKE NEW. 3-LVL 3BR2BA DISTINCTIVE SOUTHEAST CNR END-HOME W/ NAT LIGHT FR 12 WINDOWS. OPEN, FLEXIBLE FLRPLN. HARDWOOD FLRS. MAPLE CAB’S, STAINLESS STEEL APPLS, LIMESTONE CTRS IN CHEF’S KIT. NATURAL STONE TILES IN NEW BA’S. CUSTOM CLOSETS/MUCH STORAGE. LOWER LVL WALK-OUT, ABOVE-GROUND, W/ SEP ENTRANCE. GARDEN OASIS W/ STONE FOUNTAIN & BENCH. 2 STORAGE SHEDS”

More details and photos can be found here.

This is a wild house because they are calling the third bedroom the basement. It didn’t seem like a proper bedroom to me. While there was a nice bedroom in the basement it seemed more like a communal living space to me. So at this location do you think $724,900 is a good deal?

Good Deal or Not? Sold.

By Prince Of Petworth

There was quite a back and forth last month as to whether this house at 3814 Kansas Ave. was a good deal or not? The asking price then was $545,000. Although I believed it originally was asking $595,000.

Well, it sold yesterday for $535,000.

The seller writes:

“Also, my opinion about this market is that buyers know that they have the sellers over a barrel and basically wait on the sidelines until the price is just right. The people who ended up buying our house looked at it the first time back in May and waited and waited until we dropped the price, very savvy of them to wait it out!”

Congrats to the sellers and buyers.

(Was it a) Good Deal or Not?

By Prince Of Petworth

Well, I was a little too slow on this house at 1029 Kenyon Street. It is already under contract. The Web site says:

“Leave the car and the condo fees behind & be ready to enjoy the luxury of having everything at your doorstep in a stunning town home renovation. With convenience, location and accessibility where else would you go other than Columbia Heights. Within 2 blocks you are in the heart of shopping, cafes, restaurants, Metro and much more. This home has gleaming hardwood floors extending throughout the first floor a modern kitchen, the perfect back yard to hold all those backyard parties you have been thinking about, 2 nicely sized bedrooms and a stunning full size bathroom with separate tub and shower.”

It’s a pretty small house but the location is pretty killer. So for a two bedroom, one bathroom was $380,000 a good deal?

Good Deal or Not?

By Prince Of Petworth

A reader suggested I feature this home a couple of weeks ago. It is located at 1207 Lamont Street. The flyer says:

“Home was gutted & expanded, keeping 3 walls. Now all brand new with sophisticated contemporary design and materials. 2-level unit provides 1,850 sq. ft. of dramatic styling & features marble, granite, maple hardwood flooring, all new stainless appliances and front load washer/dryer. Great location-Walk to 2 Metros, shops, restaurants, & new DC USA Center. Parking included.”

It is divided into two units with unit #2 featuring 3 beds and 3.5 baths. More info and photos can be found here. It seems to have been on the market for over 90 days. The price is for unit #2 is $575,000. Good deal or not?

Unit #1 looks even sweet with a roof deck. The flyer for this unit says:

“Rowhome was gutted & expanded, keeping 3 walls. Now all new 2+levels with dramatic contemporary design, upscale materials include granite, marble, maple hardwood flooring, stainless appliances, parking included! 1,932 sq. ft. with 3 bedrooms & 3 full baths. Exciting glass ceiling and roof deck–great views!”

More details and photos including roof deck photos can be found here. This unit is going for $699,000. The location seems great. What do you think about this unit – good deal or not?

Good Deal or Not?

By Prince Of Petworth

The flier for this two unit condo conversion at 3660 New Hampshire Ave. says:

“Brand new conversion near Park Place dev! 2 units available-both 2BR/2BA, parking, great rear decks/patio. Modern kitchens-granite cntrs, maple cabs, SS appliances, new hdwds. Beautiful slate baths, spacious closets, custom shelves. Great size BRs with plenty of light. Less than 1 block to Petworth metro and steps to Columbia Heights dev: Target, etc!”

You can find more info and photos here.

I normally don’t like when the rowhouses are converted into condos but this one was pretty cool. Both units had two levels and the bathrooms were quite nice. I also think the location is pretty good. The first unit is $449,900 and the second unit is $499,900 (condo fees are $274). So, good deal or not? But I’m also interested to hear what you think about the conversion. Like I said, I thought this one looked pretty good.

Good Deal or Not?

By Prince Of Petworth

Here’s a sweet rowhouse in Mt. Pleasant. The flyer says:

“Welcome to this beautiful, spacious, updated, 3BR, 3BA, home in Mount Pleasant. Enjoy gleaming hardwood floors, granite counters, ceramic tile, fireplace, recreation room, front porch, patio, mature landscaping, parking, and location close to shopping, Rock Creek Park, METRO, and more.”

More details and photos found here.

The home is located at 3211 Walbridge Place, NW. The original price was $724,900 but it is now on the market for $689,999. So, good deal or not?

Good Deal or Not? Mini Edition

By Prince Of Petworth

The flyer says:

“Beautifully and meticulously renovated modern interior behind an historic facade. 2BR/2.5BA with private rear garden, 1-car parking, chef’s kitchen with ss appliances, new baths with travertine tile & walk to metro and U Street.”

You can find more info here.  House is located at 2022 10th Street, NW.  (Very close to U Street.)

So the location seems pretty tight but the quarters also seem a bit tight. So for a small house in a good location is $679,000 a good deal or not? It is interesting to contrast with yesterday’s good deal or not? which was 4 bed, 2.5 bath for $659,950…

Good Deal or Not?

By Prince Of Petworth

The flyer says:

“Welcome home to this spacious, sun-filled, 4 level rowhouse w/ high ceilings & rustic pine floors. This large home boasts 4 bed, 2.5 ba on the top 3 floors, basement 4th floor avail. to turn into your own w/ front & back entrance. Great backyard perfect for grilling.”

More details and photos can be found here.

It looks pretty sweet but my question is about this particular block. It sits on a street that has whole apartment buildings boarded up. But the house really is sweet. And it’s a stone’s throw from all the development on 14th Street. So for $659,950 is it a good deal or not?

Good Deal or Not? Rental Edition

By Prince Of Petworth

This spot was found by a reader on Craig’s List. The reader writes:

“I’m not sure whether you only like to post houses/rentals that you see on your walks, but if you’re interested in taking Craigslist submissions, I recently came across what is probably the most incredible (as in wtf) apartment for rent in Columbia Heights:

http://washingtondc.craigslist.org/doc/apa/806458278.html

I’m not sure if it’d make a good Good Deal or Not? post because I think the answer is obvious (no), but maybe commenters would have some insight into how the asking price could possibly be so high?”

The spot is located at 1390 Kenyon Street.

The ad says:

“This professionally-designed apartment features dark-stained hardwood floors, grasscloth accent wallcoverings, darkwood cabinets in kitchen and bathrooms, and complimenting granite countertops. Floating wall-mounted cabinetry and an integrated audio-visual system with two flatpanel TVs in living room and master bedroom. Two walk-in closets– one of which has been adapted to a small office ideal for casual work-at-home sessions– can easily be converted back to a closet. ”

So for $5500 – good deal or not?

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