“Koolaid drinking Realtard lists her own house.” What has she been toking? I couldn’t help but comment on this one.
5918 Madra 3102 sq ft bought 7/05 for $ 799 just listed for get this $ 1.3 – $ 1.375 M. Most expensive listing in DC.
Remodeled yes, probably put in about $ 200K maybe 250K, maybe less because apparently hubby is in contracting. So lets say cost basis is $ 1.0 M and they have enjoyed living in it for about 1 1/2 years after the remodel so there is some wear and tear.
Now as we all know houses have declined in value even in DC. So lets say today in original condition it would go for $ 725 – $ 750. Then add in the remodel and reduce for wear. Maybe $ 950 – 1.0 M. Even $ 1.025 – 1.05 pushing it, but $ 1.3m +. Talk about delusional and wanting to make profit.
For those familiar with DC and compared to houses on Norman, Dwayne, Overlook streets. What is she thinking. Her house is on the worst part of Madra, not far from the REO special at 5825 Madra, but luckily on the opposite side. Oh well lets wish her the best.
