Comments on: Good Deal or Not? Two Units Combined Into One Edition http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/ Welcome to the beautiful life Fri, 10 Feb 2012 04:06:03 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Anonymous http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46504 Anonymous Wed, 28 Oct 2009 22:27:36 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46504 My wife and I were the ones who combined the two units (in 2001). Sounds like the kitchen has been updated since then. We were very happy there (had to move when the second baby came). The studio unit was so small that the value of the two was actually higher after the combination than separately. I hope whoever buys it is happy there too! My wife and I were the ones who combined the two units (in 2001). Sounds like the kitchen has been updated since then. We were very happy there (had to move when the second baby came). The studio unit was so small that the value of the two was actually higher after the combination than separately. I hope whoever buys it is happy there too!

]]> By: E http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46503 E Wed, 28 Oct 2009 02:34:48 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46503 One of the coolest buildings in DC for history... major reason behind the height restriction, and was a landmark hotel with notable guests. One of the coolest buildings in DC for history… major reason behind the height restriction, and was a landmark hotel with notable guests.

]]> By: Charming Fred http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46502 Charming Fred Wed, 28 Oct 2009 01:55:58 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46502 The whole building was given a completely soulless renovation in the late '70s or early '80s. Before that it was a real dump, but some genuine characters lived in that place. I'll bet it's haunted. The whole building was given a completely soulless renovation in the late ’70s or early ’80s. Before that it was a real dump, but some genuine characters lived in that place. I’ll bet it’s haunted.

]]> By: Anonymous http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46501 Anonymous Tue, 27 Oct 2009 21:00:09 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46501 This is a classic example of why this strategy is a bad real estate move. Either single unit could easily sell for more than half the asking $. The fee would be still be relatively high, but not jaw droppingly high and it could work for a single/couple buyer or an investor in line with 1 BR comps. The layout would work for two single 1 -1+ bed units rather than being an awkward 3 BR. The total here is just less than the sum of its parts. And then there's the Cairo . . . meh This is a classic example of why this strategy is a bad real estate move. Either single unit could easily sell for more than half the asking $. The fee would be still be relatively high, but not jaw droppingly high and it could work for a single/couple buyer or an investor in line with 1 BR comps. The layout would work for two single 1 -1+ bed units rather than being an awkward 3 BR. The total here is just less than the sum of its parts.

And then there’s the Cairo . . . meh

]]> By: KStreetQB http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46499 KStreetQB Tue, 27 Oct 2009 20:52:04 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46499 I think they are fair prices, even given the high condo fees. Personally, I'd have to walk around in it. Those pics always make the space seem bigger, then you get there and you're touring a shoebox. I think they are fair prices, even given the high condo fees. Personally, I’d have to walk around in it. Those pics always make the space seem bigger, then you get there and you’re touring a shoebox.

]]> By: KStreetQB http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46500 KStreetQB Tue, 27 Oct 2009 20:51:56 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46500 I think they are fair prices, even given the high condo fees. Personally, I'd have to walk around in it. Those pics always make the space seem bigger, then you get there and you're touring a shoebox. I think they are fair prices, even given the high condo fees. Personally, I’d have to walk around in it. Those pics always make the space seem bigger, then you get there and you’re touring a shoebox.

]]> By: Nichole http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46498 Nichole Tue, 27 Oct 2009 20:29:46 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46498 I would love to live in this building for no other reason than to say that I did. I would hate everything about the neighborhood (it's just too busy for me), but it's the freakin' Cairo. If money were no object - that condo fee is just insane - it'd be mine. And, I would have amazing parties on that roofdeck on the 4th of July! I would love to live in this building for no other reason than to say that I did. I would hate everything about the neighborhood (it’s just too busy for me), but it’s the freakin’ Cairo. If money were no object – that condo fee is just insane – it’d be mine. And, I would have amazing parties on that roofdeck on the 4th of July!

]]> By: Matt N. http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46497 Matt N. Tue, 27 Oct 2009 19:30:47 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46497 So is the kitchen in that condo inside a Metro station, or what? So is the kitchen in that condo inside a Metro station, or what?

]]> By: Eric http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46496 Eric Tue, 27 Oct 2009 19:30:25 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46496 Only one closet in the whole place, and it isn't even in the Master bedroom. Nice renovation, but too many problems for it to be worth the location and view. Only one closet in the whole place, and it isn’t even in the Master bedroom. Nice renovation, but too many problems for it to be worth the location and view.

]]> By: Bitter Elitist http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46495 Bitter Elitist Tue, 27 Oct 2009 19:28:30 +0000 http://www.princeofpetworth.com/2009/10/good-deal-or-not-two-units-combined-edition/#comment-46495 that kitchen floor!! Bleccch that kitchen floor!! Bleccch

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