Comp and Circumstance: Under $400,000 House Edition

  • December 3rd 2010

by Rebecca Ortega

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 examine two properties for sale for under $400,000 in neighborhoods that will likely see appreciation down the road. The price point of the homes ranges between $369,900 and $399,500.

See all our past Comp and Circumstance features here.

Comp and Circumstance: Under $400,000 House Edition: Figure 1
1323 1st Street NW

Two-Bedroom, Two-Bath Truxton Circle Row House

Located relatively close to both the Mount Vernon Square (Yellow/Green) and New York Avenue (Red) Metro stations, 1323 1st Street NW (map) is in a very good location for those looking to purchase around Truxton Circle. The two-bedroom, 2.5-bath bath home has a living room with a gas fireplace, a separate dining area, a small, neat kitchen without much counter space, and a rear yard on the first level. The upper level features two bedrooms, including a master bedroom with vaulted ceilings.

The second full bathroom is a relatively rare find in a two-bedroom house in the District; there is also a half bath on the first floor. Improvements could be made, including sprucing up the back patio, upgrading the kitchen and re-painting the exterior, but overall this is a good house for the money in an improving area close to downtown DC.

Comp and Circumstance: Under $400,000 House Edition: Figure 2
Living Room at 1323 1st Street NW

Comp and Circumstance: Under $400,000 House Edition: Figure 3
322 14th Place NE

Hill East Two-Bedroom Home With Great Master Bedroom

322 14th Place NE (map) is a bit smaller than the Truxton Circle house, but still offers a good deal of usable living space. The house has front and rear patio spaces, and the main level has a living and dining area, and a galley kitchen with counter space on either side. Upstairs is perhaps the best room in the house: a large master bedroom with three windows and hardwood floors. The second level also has a smaller bedroom and large full bathroom. The house is located in Hill East, and is in walking distance of H Street, Lincoln Park and Eastern Market. With only one bathroom in the house, street parking and no basement, this may not be the best home for a small family, but for a single buyer or couple, the size, price and location are pretty good.

Comp and Circumstance: Under $400,000 House Edition: Figure 4
Master Bedroom

So, what do you think? Let us know your preference in the comments below.

  1323 1st Street NW 322 14th Place NE
Bedrooms Two Two
Bathrooms 2.5 1
Pros Two and a half baths, walking distance from two Metro stations Two patios, great master bedroom
Cons Small kitchen, upgrades needed to exterior One bathroom, street parking
Price $369,900 $399,500
Neighborhood Truxton Circle Hill East
Links 1323 1st Street NW 322 14th Place NE

See other articles related to: comp and circumstance, hill east, truxton circle

This article originally published at https://dc.urbanturf.com/articles/blog/comp_and_circumstance_under_400000_house_edition/2730.

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