Price Pick of the Week
734 Quincy St. NW
Listed sale price: $545,000
Previous sale price (March): $108,000
Square footage: 2,334
Logan Circle. Mount Pleasant. Lincoln Park. And now Park View. You can add this neighborhood of buff-brick row houses off Georgia Avenue NW to the list of D.C. locales whose modest houses are being snapped up, fitted with the compulsory granite countertops and Jacuzzi tubs, and flipped for a fivefold gain six months later. This four-bedroom house offers all those usual touches, and despite your neighbors’ rusty fences, you can rest assured that your investment is safe: With a unit in a twin-condo conversion two doors down going for more than $400,000, you have what the house’s listing agent deems “instant equity.” Try not to think about the “instant anxiety” that you’re likely to face moving in, perhaps caused by a July shootout a couple of blocks away, outside the Georgia Avenue–Petworth Metro stop. Preliminary 2005 taxable assessment: $175,470. —Mike DeBonis