February 10, 2006

What's It Worth To Ya?!?!

DUPONT CIRCLE CONDO DROPS BY $10K. Going from $369K to $359K is not all that significant of a drop in dollars or percentage, but how low is it gonna go?

Classic Dupont Circle one bedroom. Walk to everything. It's only 560SF but has a balcony with stainless-steel kitchen and butcherblock counters. French doors. Wood floors. MLS: DC5510839.

Cozy, cozy, cozy.

Nice package!

How much will the owner get? At what price point should the owner pull this thing from the market and rent for five years?

GOODBYE SOURCE, HELLO BILLIARDS. The Source Theater will lose its home at 1835 14th St. NW between Mike Benson's Cafe Saint-Ex, Bar Pilar and forthcoming EC-12. Geoff Dawson - who owns Buffalo Billiards, Atomic Billiards and Continental among other area bars - will call the 8,000-square-foot restaurant Standard Bar & Grill and put about $1.5 million into the space. The plan is to open a two-story neighborhood bar and grill in September with pool tables and board games. Dawson also is close to grabing a basement space on Seventh Street SE on Capitol Hill and looking at space in Columbia Heights.


Anonymous said...

Renting is becoming more attractive for condo owners, but only where people want to rent. Rather than sette for lower sales prices, take the rising rental rates. Just My Opinion

Richard said...

Send Mr. Dawson to 11th Street in Columbia Heights! We're dying to add a bit of independents to that strip.