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Real Estate Results Way Down
GM finally got around to crunching the real estate numbers for the first half of 2011, and they’re not good. While the average price ticked up, the price per square foot is down and the volume is way...
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Friendly Estate Opens it Doors
Last weekend, the Friendly Estate at 31st and Avon opened its doors for a rare peak inside this slow motion train-wreck of a construction site. (For those unfamiliar with the back story: read this)....
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Post Goes Micro on Georgetown Real Estate
Over GM’s brief paternity leave from posting, the Washington Post snuck up and did his job for him. Namely, the Post published two blog pieces discussing the state of Georgetown real estate. The...
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Upheaval at GSA Could Benefit Georgetown
On Monday, the Director of the General Services Administration resigned in the wake of a spending scandal that involved clowns, a mentalist, and Vegas. President Obama quickly named her successor: Dan...
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Real Estate Result for First Half 2012
It’s time for Georgetown real estate number crunching for the first half of 2012! In short: they’re pretty much like they were the first half of 2011, which wasn’t too hot. In long: Total Homes Sold:...
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Hurt Home Becomes the Montrose, Construction Begins
DC Mud reported yesterday that construction is finally beginning (this morning) on the Hurt Home and that the building is going to be redubbed “the Montrose”. DC Mud wrote that there were no details...
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Location Matters, But Does Name?
Yesterday, the Atlantic Cities website published an amusing piece wondering whether home value is affected by the street it’s on is called a “street” or, say, “lane”. Apparently a report by Trulia...
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Yet Another Cooke’s Row Manse For Sale
Yet another one of the landmark Cooke’s Row houses is for sale. These houses are a group of seven houses on the north side of Q St. just west of 30th St. They were built in 1868 by Henry Cooke, the...
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Live Like a Governor For $16,000 a Month
As GM let you know a couple weeks ago, two of the massive Cooke’s Row houses on Q St. just west of 30th are for sale. That includes the home at 3023 Q St. that was the residence of Henry Cooke...
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Not Surprisingly, Georgetown Real Estate is Getting Pricier
It’s been a while since GM did any deep analysis of Georgetown’s real estate market. But he’s been noticing the prices getting a little out of control recently, so he decided to see whether the...
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Cheap Georgetown Land For Sale
Want to be a Georgetown land-owner? Got $5,000? That’s all you need to buy a slice of Georgetown land. Emphasis on the word “slice”. For some reason, a tiny 22 square foot lot tucked between the Sun...
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Would You Pay $1 Million to Live in a Murder Scene?
The former home of Viola Drath, 3206 Q St., is now for sale for $995k. It’s a stately three bed room Victorian on a beautiful street. It’s also the scene of her murder. As you can see from the online...
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Is Prospect Street Really That Bad?
The other day, GM asked whether you’d be willing to live in a murder scene to save a few hundred thousand dollars. Inspired by another Georgetown listing, GM is back today to ask a different...
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Apparently Someone Will Pay $1 Million for a Murder Scene
In July GM wondered whether anyone would be willing to pay $1 million for the home that Viola Drath was murdered in. The answer has come: Yes. In fact, not only will someone pay $1 million for it,...
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Church For Sale
A historic Georgetown church, and its attached apartment building, has just been listed for sale. The church is the Alexander Memorial Baptist Church at 27th and O. It has a long history in...
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Latham Hotel to be Converted to Mini Apartments
Photo by NCinDC. Michael Neibauer of the Washington Business Journal has a great scoop on the future of the Latham Hotel property: it’s being converted to apartments. And not just typical apartments;...
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The Montrose Apartments On Sale
Construction on the Montrose (previously known as the Hurt Home condos) has been going on for a little over a year. But according to some relatively new real estate listings, most of the units are...
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Historic Church to be Converted to Single Family Home?
As GM reported back in September, the parishioners of Alexander Memorial Church on O St. and 27th have decided to sell their historic church and relocate to Maryland, where most of them live. The...
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Verizon Building Condos Go on Sale Soon
The condos in the building formerly known as the “Verizon Building” will be on sale soon, as detailed on the project’s website 1055High.com. The new name for the project is actually a rather old...
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What Would Metro do to Property Values?
This probably belongs in the Counting-Eggs-Before-They-Hatch Department, but what would a Georgetown Metro stop do to property values? As discussed (a lot) here, there is a renewed effort to bring...
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