One of these townhomes is not like the other. One of these townhomes is freshly painted, renovated, and ready for the next homebuyer. This semi-detached Anacostia townhome comes with three bedrooms and three-and-a-half bathrooms across roughly 1,600 square feet of space. It offers stainless steel appliances and a breakfast bar in the kitchen as well as an upper level washer and dryer. In the basement, there is an in-law suite with its own washer and dryer and kitchen, so homebuyers should be able to rent it out if they choose. There are also two off-street parking spaces and a spacious rear yard.
The last time this listing sold was in January 2015 for $177,000. Now, it's asking $495,000. The price is a little high for the neighborhood. According to Redfin, the median listing price in Anacostia is $350,000. Additionally, two nearby listings in the Randle Heights neighborhood sold with roughly the same square footage and number of bedrooms for around $330,000.
Let’s branch out, though. In more popular neighborhoods, a home like this would be priced way higher. This 1,600-square-foot Capitol Hill home with three bedrooms and two-and-a-half bathrooms is asking $649,000. Additionally, this Lincoln Park townhome offers one fewer bedroom and bathroom and is 600 square feet smaller, but is priced at $719,000.
Is this townhome a little pricey for the area? Sure, but you’d be getting more bang for your buck than if you bought elsewhere.
What do you think, though? Is this listing priced a little too high? Or is it just right?
• 1716 16th Street SE [Redfin]