Comp and Circumstance presents two “for-sale” homes of roughly similar prices in DC and compares the pros and cons of each. This week, we discuss two properties in different sections of the city listed for $299,000. Let us know in the comments section below which of the two you feel is the better buy.
See all our past Comp and Circumstance features here.
Three-Bedroom Renovated Home in Trinidad
In DC’s real estate market these days, it is rare to find properties in good condition selling for less than $300,000. This week’s Comp and Circumstance takes a look at what is available in this price point.
The neighborhood of Trinidad made headlines back in 2008 due to crime-induced police checkpoints. Since that time, however, crime has decreased in Trinidad, and the proximity of the neighborhood to the development on H Street NE has enticed home buyers to look at the low-priced properties in the evolving neighborhood.
1511 Trinidad Ave NE (map) is a newly-renovated home with three upper-level bedrooms, one full and one half bath, and a fully finished basement. The house also has a deck off of the main level and a garage parking space, but the backyard lacks privacy as there is only a chain link between the neighbors. This is a great space for the price, but buyers should be wary of safety issues and the fact that it is a hike to most area Metro stations.
One-Bedroom Condo in the Heart of Columbia Heights
One-bedroom condos in coveted areas of NW usually hover in the $350K to $400K price range, so to find a recently renovated unit in Columbia Heights for less than $300K is rare. The tradeoff with 1438 Columbia Rd NW, #204 (map) is that it is fairly small, even for a one bedroom. It has a newly updated kitchen and bathroom, and condo fees are $202/month and cover both gas and water. There is plenty of space for one person, but things may be tight for a couple. The building is right in the middle of Columbia Heights, including immediate proximity to the Columbia Heights Metro, but a parking spot is not included in the list price.
So, what do you think? Let us know your preference in the comments below.
|1511 Trinidad Ave NE||1438 Columbia Rd NW, #204|
|Pros||New renovations, lots of square footage for the money, garage parking||Located in the middle of Columbia Heights, new renovations|
|Cons||Safety concerns||Small living space, street parking|
|Links||1511 Trinidad Ave NE||1438 Columbia Rd NW, #204|
This article originally published at https://dc.urbanturf.com/articles/blog/comp_and_circumstance_space_versus_location/2633.
Most Popular... This Week • Last 30 Days • Ever
When Johnsie Walsh rented a unit in her Stanton Park apartment building, she had no i... read »
The 30,000 square-foot home has been privately offered for sale since 2018.... read »
DC's Office of Planning recently looked at DC's migration patterns in 2022. Today, Ur... read »
The residential conversion at a former bowling alley in DC is moving forward, and new... read »
When interest rates doubled in the second half of 2022, activity in the regional hous... read »
Why condo fees are high in some buildings and low in others can be a difficult questi... read »
Dupont Circle’s Swann House, a former 15-bedroom bed and breakfast, will be listed ... read »
The development will be located a few blocks south of the Takoma Metro station.... read »
There are two new proposals to redevelop the center at 14th and U Streets NW that are... read »
The M Street building was built in the early 1980s.... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro