What $495K Buys You in DC

• November 9, 2010
• 4 Comments

by Rebecca Ortega

In What X Buys You this week, we take a look at properties on the market in the $495,000 range to give readers an idea of what type of home this price point offers in DC.

A Four-Bedroom Brookland Bungalow

Renovated earlier this year, this four-bedroom, three-bath home just north of Turkey Thicket Playground is a nice little home for the money. The main level consists of an open living, dining and kitchen area as well as two bedrooms and a full bathroom. Upstairs is a large master suite that has a bathroom with a free-standing, frameless shower, which is fairly unusual and modern for any home these days. The basement is a large multi-purpose space with another full bath, and there are two parking spaces out back. The property also has a large fenced-in backyard. For the full listing, click here.

1008 Taylor Street NE (map)

• Price: $499,000
• Bedrooms: Four
• Bathrooms: Three
• Year Renovated: 2010

Two-Bedroom Top-Floor Unit in Mount Pleasant

Even though it is under 1,000 square feet, this top-floor condo is priced appropriately for a two-bedroom, two-bath unit in Mount Pleasant. The main living area has hardwood floors and a number of windows, and the master bedroom has an en-suite bathroom and walk-in closet. The condo also has a fireplace and the building has a roof deck, but the listing price does not include a parking space, so if the eventual buyer has a car they may be circling the block at night looking for a spot. For the full listing, click here.

3220 17th Street NW, #407 (map)

• Price: $487,200
• Bedrooms: Two
• Bathrooms: Two
• Square Footage: 940

Renovated Three-Bedroom Home in Park View

639 Keefer Place NW is a renovated three-bedroom, three-bath home in the Park View section of DC, just adjacent to Petworth. The main level of the home is spacious with a fireplace and opens on to a large deck. The upper level has three good-sized bedrooms, including a master suite with an exposed brick wall. The basement is finished with a full bath, and the house also comes with garage parking. The home is just off of Georgia Avenue, about a five to ten minute walk from the Georgia Ave/Petworth Metro station on the Green and Yellow Lines. For the full listing, click here.

639 Keefer Place NW (map)

• Price: $495,000
• Bedrooms: Three
• Bathrooms: Three
• Square Footage: 2,100

This article originally published at http://dc.urbanturf.com/articles/blog/what_495k_buys_you_in_dc/2657

4 Comments

1. DC Real said at 5:26 pm on Tuesday November 9, 2010:

   Really like the first and third properties. This comparison really illustrates the role location plays in dc real estate.

1. Mike said at 7:19 pm on Tuesday November 9, 2010:

   Like the 3rd property.  Looks great.  Anyone know anything about that area?  Not quite Petworth or Columbia Heights.

1. Jennifer McIvor said at 2:49 pm on Wednesday November 10, 2010:

   Great post! Yes, neighborhood location does play a large role in DC real estate prices. EYA is selling new four-level townhomes with garage parking at Chancellor’s Row in this same $500,000+/- price point (steps from the Taylor Street NE listing here) - while the same size EYA home goes for the mid $600s on Capitol Hill at Capitol Quarter.

   As an aside, EYA’s homes in DC are built to LEED standards.  This is a huge savings for home buyers in their long term energy expenditures and home maintenance costs. The renovated historic homes are charming and beautiful, but there is benefit to buying new construction where it’s available.

1. Martin said at 7:03 pm on Wednesday November 10, 2010:

   I agree that buying new homes can save money on utilities.  1008 Taylor however was taken to the bones and insulated with R-13 and R-30 insulation with brand new systems…so while it’s not LEED Certified, it is essentially a new home in an old shell.  Martin

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