Comments on: Good Deal or Not? Cape Cod Edition

By: mm

mm — Thu, 14 May 2009 13:11:41 +0000

My “house that got away” is three doors down from this one. Beautiful woodwork, original light fixtures, built-in bookshelves, huge back yard…. sigh.. the legendary “Lawrence House”. (At least in my mind).

Unfortunately, it was a foreclosure and had been left to rot – so much mold in the basement that we couldn’t even get an estimate on removal.

We spent nearly 6 months looking in Woodridge and Brookland – mainly because we fell in love with the houses. It still breaks my heart how many beautiful homes there are that were just languishing – holes in walls, copper pipes torn out, vandalized nearly beyond repair.

We finally found a house in Eckington, which I do love, but Woodridge – 10 years from now, that place will be the next Chevy Chase or Takoma Park.

By: Eric

Eric — Tue, 12 May 2009 20:35:30 +0000

This price seems very low to me. How is it that people are complaining about it being overpriced? Good luck finding a comparable place in Petworth, CH, or Mt. Pleasant for under $750,000. I think the price is so low because it isn’t a terribly walkable neighborhood.

I love the style though.

By: Anonymous

Anonymous — Tue, 12 May 2009 19:26:25 +0000

Not a great price for the neighborhood. Lawrence Circle is filled with these little bungalows.

By: Anonymous

Anonymous — Mon, 11 May 2009 21:59:11 +0000

Yeah, I don’t get this one. Location is blah. House is blah. And it’s not like you can anticipate any tremendous development coming to this area. I can think of many better ways to spend half a mil. (I do, however, respect the virtual tour’s ballsy claim of an “Ocean View.”)

By: RD

RD — Mon, 11 May 2009 19:47:02 +0000

People pay a premium for 4 walls and proximity to downtown. This has the advantage over SS for proximity to downtown. Petworth has some SFHs, but how many are in good condition for less than $500k?

that said, there is a suspicious lack of pictures, so who knows if this is a good deal.

By: anon

anon — Mon, 11 May 2009 19:05:48 +0000

IMGoph: Good point, I should clarify that I didn’t mean that this house or this neighborhood couldn’t appeal to many people, but I don’t see the appeal at $500,000 knowing what that can get you in other neighborhoods.

By: IMGoph

IMGoph — Mon, 11 May 2009 19:00:50 +0000

anon: maybe part of the appeal is the different style of house. not everyone wants a “wardman-style” rowhouse, or a ranch out in silver spring. if you’re looking for bungalows, woodridge, south central, gateway, and parts of brookland are the place to be.

By: anon

anon — Mon, 11 May 2009 18:52:38 +0000

While I don’t know this neighborhood or the comps, I don’t really see the appeal since at this price you could get a nicer and bigger house in Petworth, or something similar in Silver Spring, MD.

Also, in April 2009 the median price for houses in this zip code was $240k:

http://www.mris.com/reports/stats/zip_stats.cfm

But, PoP, I like the branching out into other neighborhoods for GDoN… now that you’ve posted on just about every house on the market in Petworth/Col Heights/Mt P/U Street

By: jaime

jaime — Mon, 11 May 2009 18:42:47 +0000

yup – it’s a beautiful bungalow and it’s one of the many in woodridge.

By: K

Mon, 11 May 2009 17:41:49 +0000

@JohnnyReb: I’m glad I’m not the only one who thinks this!