5 Responses to “Update on HGTV featured Madrigal Lofts unit”

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  1. I love it when Aubrey is on Capitol Hill, or somewhere in the middle of Baltimore, and he marches the homeowners to a supposed comp “less than one mile from your house.” And then the homeowner is like, “You know, if I sent my karate instructor to this block, with a bulletproof vest and an AK-47, at 1:30 in the afternoon, I’d give him maybe a 50-50 shot of surviving …”

  2. cozmot

    @Bill is right. A mile can be a universe. I’ve see appraisers and agents pull comps “around a mile” for a unit selling in Chinatown. How does Logan Circle compare to the Penn Quarter?

  3. I live at Madrigal and I’m an agent – as more proof of how far off he was I sold 3 1br units here. Two before the show aired. One for $26K more than his estimate in Oct, then two for $41K more, one in Nov and one later on in Feb. They all sold in a week and I staged them myself so they were as HGTV ready as the one on the show. A mile is insane for a downtown property!

  4. LA in MVS

    FYI, the 777 7th Street (Chinatown) condo is sold.

  5. FourthandEye

    You’re right. Looks like it was off the market when I drafted this post because it was under a pending status. Sale has now been executed for $322K.