What's Hot: Mortgage Rates Fall Towards 6% Following Fed Cut
Trinidad's (Almost) $1 Million Buyer Speaks Up
✉️ Want to forward this article? Click here.
1228 Florida Avenue NE
Earlier this week, UrbanTurf reported that the most expensive home ever listed in Trinidad had gone under contract.
On Thursday, the buyer emerged in the comments section of the article. Earlier commenters noted the low price per square foot, but wondered how long the neighborhood would take to “catch up.” The buyer responded to a number of comments and explained his reasons for purchasing the home. Here is the full comment:
@Spectator,
This is why my wife and I are under contract on it. $300/sq ft sure beats the heck out of anywhere in NW DC. We are currently Bloomingdale residents. We were hoping to buy another rowhouse in Bloomingdale, but the prices and competition forced us to look elsewhere.
@LininginTrinidad, you are spot on. Would people rather pay $500k+ for a 3/2 condo or ~$900k for a 6/4.5 house? It is a no-brainer.
We toured about 50 “renovated” properties and this one was the best by far. The bedrooms and bathrooms were the most tastefully done, and it wasn’t even close. The staging of the first floor was horrible, but my wife has 1,000 ideas to make it much more functional and defined. Admittedly, the kitchen is a bit small, but definitely more than enough for us.
Our plan is to partition off the basement and make it a separate unit. The pictures online don’t show the bedrooms or full bathroom down there. Sure, it needs some rejiggering, but it will be perhaps the best looking English basement rental I’ve seen.
After laboring through a home search, we are happy to find such a stunning place. The price is a bit high, but you have no idea the amount of competition that exists out there. If/when the Capitol Hill Oasis debacle is rectified, then this stretch of Florida will become highly desirable. I would be open to working with neighbors and the city to find a good solution that remedies such buffoonery.
We love DC and cannot wait to become part of our new neighborhood. I sold my wife on the idea of Trinidad/H St and she cannot wait either!
The buyer did not wish to share the final sales price, but we will follow up once the sale closes.
See other articles related to: trinidad, trinidad's 1 million home
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/trinidads_almost_1_million_buyer_speaks_up/6692.
Most Popular... This Week • Last 30 Days • Ever
Mortgage rate buydowns can be a good option for buyers who want to save money on inte... read »
Plans filed this week provide the latest look at the 106-key hotel in the works at an... read »
A plan to add another new residential building to the Friendship Heights pipeline is ... read »
The eight-bedroom, 35,000 square-foot home in McLean known as The Cliffs went under c... read »
The large new development would take the place of the Ballston One office building al... read »
- How Does a Mortgage Rate Buydown Work?
- A Look At Georgetown's New 100-Key Hotel Along The Canal
- Donohoe Files PUD For 127-Unit Development in Friendship Heights
- A $30 Million Sale? One Of The DC Area's Most Expensive Homes Finds A Buyer
- Updated Plans Filed For 328-Unit Development At Arlington Office Site
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro