Comments on: 2008 DC Real Estate Market Stats plus hipchickindc predicts The Future http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/ Welcome to the beautiful life Fri, 10 Feb 2012 05:23:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Odentex http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7345 Odentex Tue, 24 Feb 2009 20:03:12 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7345 anon4: The part of PW that MJ lives plenty quiet (except on the 4th of July) and his house is STEPS from the H8 and 60 buses (corner of Varnum and Rock Creek) that'll take you to Ft. Totten or Brookland on the Red Line, 5 minutes to the Georgia Ave. station, or all the way to Mt. P on the H8. If that's not good enough you can walk two blocks to catch the 64. From 16th Street you've got to transfer off the S line to get to a metro station or ride all the way down to McPherson Square downtown (about 25 minutes) and transfer AGAIN to get to the red line. If you want to get on the green line one bus you can transfer to from the S is the H8 -- the very same bus (coming the other way) that stops outside of MJ's FRONT DOOR ever 20 minutes. Have you ever even been on the 100 block of Varnum? 16th is FURTHER away, not closer, to transport options especially metro. Look at a map. http://www.wmata.com/pdfs/bus/DC.pdf You simply have no idea what you are talking about. anon4: The part of PW that MJ lives plenty quiet (except on the 4th of July) and his house is STEPS from the H8 and 60 buses (corner of Varnum and Rock Creek) that’ll take you to Ft. Totten or Brookland on the Red Line, 5 minutes to the Georgia Ave. station, or all the way to Mt. P on the H8. If that’s not good enough you can walk two blocks to catch the 64. From 16th Street you’ve got to transfer off the S line to get to a metro station or ride all the way down to McPherson Square downtown (about 25 minutes) and transfer AGAIN to get to the red line. If you want to get on the green line one bus you can transfer to from the S is the H8 — the very same bus (coming the other way) that stops outside of MJ’s FRONT DOOR ever 20 minutes.

Have you ever even been on the 100 block of Varnum?

16th is FURTHER away, not closer, to transport options especially metro. Look at a map.

http://www.wmata.com/pdfs/bus/DC.pdf

You simply have no idea what you are talking about.

]]> By: anon4 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7344 anon4 Tue, 24 Feb 2009 19:06:31 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7344 Oden, 14th & 16th St have better bus options for those who can't or prefer not to walk very far. They're also quieter and closer to Rock Creek Park. Oden, 14th & 16th St have better bus options for those who can’t or prefer not to walk very far. They’re also quieter and closer to Rock Creek Park.

]]> By: anon4 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7343 anon4 Tue, 24 Feb 2009 18:58:10 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7343 hipchick, I'd be surprised if there were. My point was just that high-end sales are very slow compared to the high-end inventory available in 20011 which is a zipcode that also includes more desirable locations. I just think if you're a buyer with $500k+ to spend you have a lot of negotiating power (and/or the ability to simply wait) with the ratio of recent sales to houses on the market. There are certainly a lot of worse deals out there and I wasn't able to find an unequivocally better one -- i.e. a house that's better on at least 1 of price, quality, and location without being worse on any of those -- but I think there are houses that strike a better balance of those trade-offs. hipchick, I’d be surprised if there were. My point was just that high-end sales are very slow compared to the high-end inventory available in 20011 which is a zipcode that also includes more desirable locations.

I just think if you’re a buyer with $500k+ to spend you have a lot of negotiating power (and/or the ability to simply wait) with the ratio of recent sales to houses on the market. There are certainly a lot of worse deals out there and I wasn’t able to find an unequivocally better one — i.e. a house that’s better on at least 1 of price, quality, and location without being worse on any of those — but I think there are houses that strike a better balance of those trade-offs.

]]> By: anon4 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7342 anon4 Tue, 24 Feb 2009 18:57:53 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7342 hipchick, I'd be surprised if there were. My point was just that high-end sales are very slow compared to the high-end inventory available in 20011 which is a zipcode that also includes more desirable locations. I just think if you're a buyer with $500k+ to spend you have a lot of negotiating power (and/or the ability to simply wait) with the ratio of recent sales to houses on the market. There are certainly a lot of worse deals out there and I wasn't able to find an unequivocally better one -- i.e. a house that's better on at least 1 of price, quality, and location without being worse on any of those -- but I think there are houses that strike a better balance of those trade-offfs. hipchick, I’d be surprised if there were. My point was just that high-end sales are very slow compared to the high-end inventory available in 20011 which is a zipcode that also includes more desirable locations.

I just think if you’re a buyer with $500k+ to spend you have a lot of negotiating power (and/or the ability to simply wait) with the ratio of recent sales to houses on the market. There are certainly a lot of worse deals out there and I wasn’t able to find an unequivocally better one — i.e. a house that’s better on at least 1 of price, quality, and location without being worse on any of those — but I think there are houses that strike a better balance of those trade-offfs.

]]> By: Odentex http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7341 Odentex Tue, 24 Feb 2009 18:38:15 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7341 Anon4: You just don't know what you are talking about. You complain about, at best, a 15 minute walk to the metro and then suggest that 16th Street Heights, even further away, is "more desirable" for those too feeble to walk from Varnum? Lay off the airplane glue. Anon4: You just don’t know what you are talking about. You complain about, at best, a 15 minute walk to the metro and then suggest that 16th Street Heights, even further away, is “more desirable” for those too feeble to walk from Varnum?

Lay off the airplane glue.

]]> By: hipchickindc http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7340 hipchickindc Tue, 24 Feb 2009 18:33:56 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7340 anon4, believe me, I've been scouring the market for clients. There is nothing like the Brox house in Crestwood or 16th St Hts in the low $500's. I wish there were. I'd have sold two more houses last week. anon4, believe me, I’ve been scouring the market for clients. There is nothing like the Brox house in Crestwood or 16th St Hts in the low $500′s. I wish there were. I’d have sold two more houses last week.

]]> By: anon4 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7339 anon4 Tue, 24 Feb 2009 18:06:13 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7339 PetworthRes, I agree with you that mjbrox's house is nicer than 90% of the homes on the market in his zip code. But I don't think it follows that it's more desirable than 90% of homes given the location. Keep in mind 20011 includes Crestwood and 16th St Heights which are neighborhoods that a lot of people prefer to a-mile-from-the-Metro Petworth. I second the vote for shag carpeting. PetworthRes, I agree with you that mjbrox’s house is nicer than 90% of the homes on the market in his zip code. But I don’t think it follows that it’s more desirable than 90% of homes given the location. Keep in mind 20011 includes Crestwood and 16th St Heights which are neighborhoods that a lot of people prefer to a-mile-from-the-Metro Petworth.

I second the vote for shag carpeting.

]]> By: mjbrox http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7337 mjbrox Tue, 24 Feb 2009 16:59:39 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7337 Odentex, Your distaste for berber is very complex and I find it interesting. But honestly, basement flooring is tough. - Berber looks cheap (according to you) - Tile is cold - Wood is a bad idea in basements - And pergo is…….well that is all I will say about that - Bare concrete looks incomplete For what it is worth, I am not taking offense to any of the posts. In fact I love the feedback. Like every house in Petworth, my house is very unique and It will take the right person to fall in love with it. Odentex,

Your distaste for berber is very complex and I find it interesting.
But honestly, basement flooring is tough.
- Berber looks cheap (according to you)
- Tile is cold
- Wood is a bad idea in basements
- And pergo is…….well that is all I will say about that
- Bare concrete looks incomplete
For what it is worth, I am not taking offense to any of the posts. In fact I love the feedback.
Like every house in Petworth, my house is very unique and It will take the right person to fall in love with it.

]]> By: mjbrox http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7338 mjbrox Tue, 24 Feb 2009 16:59:28 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7338 Odentex, Your distaste for berber is very complex and I find it interesting. But honestly, basement flooring is tough. - Berber looks cheap (according to you) - Tile is cold - Wood is a bad idea in basements - And pergo is…….well that is all I will say about that - Bare concrete looks incomplete For what it is worth, I am not taking offense to any of the posts. In fact I love the feedback. Like every house in Petworth, my house is very unique and It will take the right person to fall in love with it. Odentex,

Your distaste for berber is very complex and I find it interesting.
But honestly, basement flooring is tough.
- Berber looks cheap (according to you)
- Tile is cold
- Wood is a bad idea in basements
- And pergo is…….well that is all I will say about that
- Bare concrete looks incomplete
For what it is worth, I am not taking offense to any of the posts. In fact I love the feedback.
Like every house in Petworth, my house is very unique and It will take the right person to fall in love with it.

]]> By: PetworthRes http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7336 PetworthRes Tue, 24 Feb 2009 16:06:27 +0000 http://www.princeofpetworth.com/2009/02/2008-dc-real-estate-market-stats-plus-hipchickindc-predicts-the-future/#comment-7336 Eh, to each is own as far as berber carpet goes. Some people like carpet and some people hate it. When I bought my house in Petworth, I ripped out the basement carpet and installed Pergo floors, so I could have the look of hardwood, which you usually cannot installed in a basement due to moisture problems. My friends who paid $1 million for a rowhouse in Cleveland Park ripped out the Pergo floors in their basement to install berber carpet. Re: home prices in Petworth, you don't see that many renovated houses in Petworth, so Anon4's comment "in Jan 2009, 2 homes in 20011 sold for over $500k (compared to 45 on the market). In Dec 2008 it was 5/58. Mjbrox’s house is nice, but those are some tough odds."---well Mjbrox's house is also nicer than 90% of the homes on the market. I think in terms of selling the house for the right price, having it on the market all winter isn't so great. Plus with the Yes Organic Market and Park Place almost but not yet completed, you're just missing out on some of the potential stronger selling points. If I look into my crystal ball...I'd bet the house sells for 510K in April. Eh, to each is own as far as berber carpet goes. Some people like carpet and some people hate it. When I bought my house in Petworth, I ripped out the basement carpet and installed Pergo floors, so I could have the look of hardwood, which you usually cannot installed in a basement due to moisture problems. My friends who paid $1 million for a rowhouse in Cleveland Park ripped out the Pergo floors in their basement to install berber carpet.

Re: home prices in Petworth, you don’t see that many renovated houses in Petworth, so Anon4′s comment “in Jan 2009, 2 homes in 20011 sold for over $500k (compared to 45 on the market). In Dec 2008 it was 5/58. Mjbrox’s house is nice, but those are some tough odds.”—well Mjbrox’s house is also nicer than 90% of the homes on the market.

I think in terms of selling the house for the right price, having it on the market all winter isn’t so great. Plus with the Yes Organic Market and Park Place almost but not yet completed, you’re just missing out on some of the potential stronger selling points. If I look into my crystal ball…I’d bet the house sells for 510K in April.

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