Sunday, November 20, 2005

Washington, DC: 313 17TH ST SE


A rowhouse located at 313 17th Street SE is being offered for sale at 399K. The rowhouse is located in an area that has just started to gentrify. It was bought on 12/09/2004 for $199,440 . Some remodeling was performed. Will is sell for 400K in a reasonable amount of time? Not sure. It is 'cheap' compared to other rowhouses in solidly gentrified neighborhoods in DC. However, this area is just starting to gentrify. Plus, the outside facade does not look like a house that gentrifiers would typically buy. The gentrifiers would generally want to remodel the outside.