What $350K Buys You in the DC Area

by UrbanTurf Staff

In What X Buys You this week, UrbanTurf takes a look at properties that recently came on the market in the $350,000 range to give readers an idea of what type of home is available in this price point in the DC area.

One-Bedroom Unit in The Ambassador in Dupont Circle


This 644 square-foot one-bedroom unit is located in The Ambassador at the corner of 16th and S Streets NW. The 33-unit building was renovated in 2003, and the unit itself has been newly painted and has new carpet, as well as a full wall of windows, and a large living room. The asking price is typical of what one-bedrooms of this size are priced for in Dupont Circle currently.

1750 16th Street NW, #4 (map)

  • Price: $349,000
  • Bedrooms: One
  • Bathrooms: One
  • Square Footage: 644
  • Listing Agent: Matthew Murton, Coldwell Banker

Loft-Like 730 Square-Foot Condo in Alexandria


Located in the 145-unit Condominiums at Carlyle Square in Alexandria, this one-bedroom unit has the sort of loft-like layout that was popular in new condo construction several years ago. There are hardwood floors, high ceilings, a large living area and exposed brick and ductwork in the 730 square-foot unit, and the listing price includes a full-size parking space and additional storage in the building.

520 John Carlyle Street, #204, Alexandria, VA (map)

  • Price: $350,000
  • Bedrooms: One
  • Bathrooms: One
  • Square Footage: 730
  • Listing Agent: Brenda Stone, Keller Williams Realty


Four-Bedroom Petworth Row House

This four-bedroom property is evidence that real estate prices in the DC area truly depend on location. The Petworth row house is much larger than the two listings above and has refinished floors, a master bedroom with an attached sitting room, and a finished basement. There is a rear deck and parking in the back of the listing.

838 Jefferson Street NW (map)

  • Price: $349,500
  • Bedrooms: Four
  • Bathrooms: Two
  • Year Built: 1922
  • Listing Agent: Djana Morris, Long & Foster

See other articles related to: what x buys you, petworth, dupont circle, dclofts, alexandria

This article originally published at http://dc.urbanturf.com/articles/blog/what_350k_buys_you_in_the_dc_area/3205


  1. AS said at 1:14 pm on Wednesday March 23, 2011:

    Thank you!!  I just bought a beautiful house in Petworth for this price, and absolutely love it!  After looking at one bedrooms and studios with no amenities and condo fees for the same price throughout the city, we finally realized what a gold mine Petworth is and are quite happy with our 3 BR with a garage and a yard.  It’s really a fantastic community, too, and we’re excited that it’s getting the buzz it deserves!

  1. Dennis said at 1:26 pm on Wednesday March 23, 2011:

    I dig the second unit. I live nearby and I think this area of Alexandria/NoVa is frequently overlooked by prospective buyers.

  1. SL said at 1:54 pm on Wednesday March 23, 2011:

    As a homeowner in Petworth I definitely appreciate how far your money goes in this neighborhood. The home featured is a good example of what you can buy here. A house this shape might cost $50-75K more if closer to the metro and would still be a great deal.

  1. Kimee said at 6:22 am on Thursday March 24, 2011:

    Does anyone know what $350k can buy you in the Atlas District/H St NE area?

  1. Sweth said at 8:55 am on Thursday March 24, 2011:

    Kimee—There’s not that much on the market right now under $350k in that area, unfortunately: a few 2BR rowhouses on 8th & 9th and another on Fl Ave, a tiny studio over by Maryland Ave, and a few condo units including one in Union Square.

  1. East H said at 9:41 am on Thursday March 24, 2011:

    @Kimee—it might be already be tough right on H for that price—there are some nice condos to be had just above that price range, though. As I’ve said elsewhere on this blog, I strongly recommend the area just East of H—Rosedale, Trinidad, Bladensburg Road area, Kingman Park, etc.

    In Rosedale in particular, it is still possible to find a two or three bedroom house in good condition for $350K that is a 5 minute walk from everything on H, and right on the streetcar line. A lot of buyers have blinders on when it comes to anything East of 15th street, and this makes it possible to get some great deals on houses that are as close (or closer) to H Street nightlife than properties 2-3 times the cost in Near Northeast or North Capitol Hill.

  1. GR said at 9:47 am on Thursday March 24, 2011:

    This post is a great study in contrasts, but that Jefferson St house is over a mile away from the Petworth area metro stop.

  1. Paul said at 9:50 am on Thursday March 24, 2011:

    The problem with Petworth is the lack of metro, distance to neighborhoods such as Dupont, Adams Morgan and lack of ameneties.  You have to drive everywhere.  We looked in the area and it felt disconnected.  We ended up buying a small one bedroom in Columbia Heights and love the neighborhood ameneties, access to metro and ability to walk to Adams Morgan or Dupont. It was worthing losing space for a great neighborhood.  I guess it is like they always say “location! location! location!”

  1. UA said at 11:25 am on Thursday March 24, 2011:

    Not sure that I agree.  If you want a neighborhood feel, Petworth, is the place to live.  Lots of new families –with little ones-continue to move in, people are friendly and the connections between neighbors feels more genuine.  Regarding the transportation issue, in Petworth, like in any other neighborhoods in DC, some homes are close to the metro and other are not; so I would say that that is a Petworth problem.  I am fortunate to be only .6 mile away from the metro and just steps to bus lines.    There are also several little restaurants, i.e., fusion, Dom Ku, Moroni Brothers, Sala thai and several others (and a couple in the making) that have good food and are family friendly.  New renovations are slowly but surely selling in the upper $400 and mid $500.00, which may be an indication that buying a $350.00 house in Petworth now may be a smart investment.

  1. Andi Fleming said at 11:26 am on Thursday March 24, 2011:

    Shocked that nothing from Brookland/Michigan Park/Woodridge is included. Located on the Red Line and minutes from U St, it is one of the most affordable downtown neighborhoods and truely has a community feel. Often overlooked, greater Brookland offers spacious yards, larger houses, affordability, proximity to 2 Red Line Metro stations, tons of new development, great rec centers, pools and parks. I live and work here, and plan to keep it that way.

  1. AU said at 11:46 am on Thursday March 24, 2011:

    I meant to say, that that is NOT a problem unique to Petworth….

  1. DG Cromwell said at 1:06 pm on Thursday March 24, 2011:

    Has anyone driven through Georgia Ave lately? I was wondering if pedestrians still randomly jaywalk all over the place.

  1. Catster Langston said at 2:03 pm on Thursday March 24, 2011:

    @ Kimee- I’m with “East H” I live just a bit off Benning Rd and was able to get my 3 level house, with front and back yard for well under $350. I had to do some renovations, but am really pleased with how much house I got for my money and (hopefully) my proximity,2 blocks,to a streetcar stop.

  1. Atlas H St. Resident said at 2:35 pm on Thursday March 24, 2011:

    There are properties available right now around 9th and K ST. NE. One 2 bedroom house in particular for 285K on 9th which gives you enough room for minor renovations. At the same time, there are houses under contract for 700K in the neighborhood a couple blocks away. Thus, if your willing to live in a 2 bedroom house. You should be able to buy just off H ST. without heading further over to trinidad, rosedale, etc.

  1. Abbey Place said at 5:07 pm on Thursday March 24, 2011:

    Here’s the perfect house for a first-time homebuyer. H Street, Harris Teeter and NY Ave Metro are less than a five minute walk away.


    It will obviously need some renovating, as it is priced considerably lower than neighboring properties. A renovated house across the street just sold for $490k last month, while another house on the street was just listed on the MLS for $499k.

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