What $200K Buys You in the DC Area

by Mark Wellborn

In What X Buys You this week, UrbanTurf takes a look at properties on the market in the $200,000 range to give readers an idea of what type of homes are available at this price point in the DC area.


Studio Tucked Away Off Connecticut Avenue in Van Ness

Van Ness is one of those DC neighborhoods that most city residents associate with the University of the District of Columbia, and little else. But tucked away off of Connecticut Avenue are some large residential buildings that few ever see. One of those buildings is where this 7th floor studio is located. The unit is predictably small given its price point and location, but it gets a good amount of light and offers little amenities like a new dishwasher and a large walk-in closet. The listing’s bigger amenities should also not be overlooked: it comes with an underground parking space and the building has a pool.

  • Full Listing: 2939 Van Ness Street NW, #735 (map)
  • Price: $199,999
  • Bedrooms: 0
  • Bathrooms: One
  • Square Footage: 495
  • Listing Agent: Rachel Valentino, Keller Williams


701 Square-Foot Silver Spring One-Bedroom

Like the Van Ness listing above, this Silver Spring one-bedroom is located close to, but tucked away from, a major thoroughfare in the region. The 701 square-foot unit sits near East-West Highway in a low-rise development that wouldn’t be out of place in Parkfairfax. While it is light on bells and whistles, the listing has more square footage than pretty much anything comparably priced in DC, and for those buyers that can’t live without it, the development comes with a pool.

The red house. Image courtesy of Google Maps.

A Morse Street Carbon Copy

A month ago, UrbanTurf featured a home on Morse Street that seems like a carbon copy of the home on the same block that we are featuring today: same number of bedrooms, similar square footage and same price. Hard to say if this house will be scooped up in a month like that one was, but for the buyer that can put in some work and was already looking in the Trinidad neighborhood, it could be a good option. The row house has a deep backyard, but a look at the photos reveals that the home needs some work (not surprising since it is being sold “as-is”). It is not a short sale, though, nor did its price strangely hop up by $68,000 shortly after it was listed.

  • Full Listing: 1259 Morse Street NE (map)
  • Price: $198,000
  • Bedrooms: Three
  • Bathrooms: One
  • Square Footage: 1,694
  • Listing Agent: Hayward Hodges, Century 21 Trademark Realty

See other articles related to: what x buys you, van ness, trinidad, silver spring, dclofts

This article originally published at http://dc.urbanturf.com/articles/blog/what_200k_buys_you_in_the_dc_area/4000


  1. Capt. Obvious said at 2:19 pm on Wednesday August 17, 2011:

    For the buyer that was looking in the Trinidad neighborhood, I daresay #3 is the ONLY option!

  1. Mark Wellborn said at 2:26 pm on Wednesday August 17, 2011:

    Capt. Obvious,

    Good point. Correction made.

    Mark Wellborn

  1. H Street Landlord said at 2:44 pm on Wednesday August 17, 2011:

    Nice roundup.

    I hope all those folks talking about no rowhouses in DC can be had for under 500k come in this thread!

  1. More for My Money! said at 3:03 pm on Wednesday August 17, 2011:

    Ok. Clearly this post would discourage anyone from purchasing that only has a $200K budget i.e ME!

    I’m not interested in dishing out $200K for a studio or a 1 unit with freakin radiators! How about you give people a decent representation of NICE homes that they can buy without breaking the bank.

    You can find nice town homes in Bowie and Greenbelt with 2+ bed and 2+ bath in the $200K range. I know because this is where I’ve been looking.

    For people that aren’t interested in staying in those areas, can we get some comments with other option for NICE homes with a decent amount of space in the $200K range!

  1. wished said at 3:11 pm on Wednesday August 17, 2011:

    I just bought a place like that in Trinidad. Wished I had waited as I like the location of this one more!

  1. Fine For My Money said at 3:16 pm on Wednesday August 17, 2011:

    Nice homes….what? These 3 options are nice homes. Some folks value things like original floors and radiators.

    This post is/was not made for your personal home shopping needs. Find your own home you consider “NICE”

  1. Mark Wellborn said at 3:18 pm on Wednesday August 17, 2011:

    More For My Money,

    Noted. We will expand the search area for the next installment.

    Mark Wellborn

  1. StringsAttached said at 3:24 pm on Wednesday August 17, 2011:

    I’m glad UT ran this as well. As for More for My Money’s dilemma, I did a quick search for places in the 200K range and came up with some nice condos, updated, and that’s in NW. 200k in the city and 200k in Bowie and Greenbelt are two different things. Make sure you’re not confusing the two.

    http://www.weichert.com/38458746/?cityid=65237&ptypeid=32,28,21&maxpr=200&minbr=2 and http://www.weichert.com/36560828/?cityid=65237&ptypeid=32,28,21&maxpr=200&minbr=2

  1. jag said at 3:39 pm on Wednesday August 17, 2011:

    The heck is wrong with radiators? The heck is nice about Greenbelt and Bowie?

  1. More For My Money! said at 3:52 pm on Wednesday August 17, 2011:

    @ Fine for my money: I suppose “modern and spacious” is a better choice for wording.

    @ Mark Wellborn: Thanks for the consideration. Hopefully no offense taken from my frustration!

    @StringsAttached: Thanks I was actually planning to meet with my realtor about one of those. With regards to location, the post opens with “homes are available at this price point in the DC area”. I think “area” may include suburbs as Silver Spring is listed above

    @ Jag - agreed everyone might not like Greenbelt and Bowie. Hence the solicitation “For people that aren’t interested in staying in those areas, can we get some comments with other options”

  1. Michael Dillon said at 4:48 pm on Wednesday August 17, 2011:

    My bet is on an investor buying the house in Trinidad to rehab and resell. Trinidad is hot for that market right now.

  1. swested said at 12:10 pm on Thursday August 18, 2011:

    Wait a couple of years, and you’ll be able to pick up ridiculously nice inventory for $200k. That is, if inflation doesn’t kick in beforehand. D.C. is just around the corner from getting hit with the recession blues.

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