How Far $850,000 Goes In The DC-Area Housing Market
✉️ Want to forward this article? Click here.
This week we bring back What X Buys You as UrbanTurf takes a look at how far an $850,000 budget goes in the DC-area housing market right now.

A Loft With Soaring Ceilings Near Adams Morgan
This loft sits inside a converted 1928 warehouse tucked off Adams Morgan's main drag. Ceilings run roughly 13.5 feet tall, and the open floor plan leads out to a private terrace. Both bedrooms have their own en-suite bath, a configuration that works well for roommates or a home office setup. The unit also comes with a private off-street parking spot, a detail that carries real value in this part of Northwest DC.
- Full Listing: 1701 Kalorama Road NW, #203 (map)
- Price: $840,000
- Bedrooms: Two
- Bathrooms: Two
- Square Feet: 1,157
- HOA Fees: $988/month
- Listing Agent: Tommy Ferris, TTR Sotheby's International Realty
story continues below
loading...story continues above

A Waterfront Condo With Room to Spread Out
Coming in on the higher end of the $850,000 range is a two-bedroom, two-bath unit at Town Square Towers, the two-block-long condo building on the Southwest Waterfront known for its honeycomb balconies and roofline arches. At 1,614 square feet, this is one of the larger floor plans in the building, and includes 12-foot cathedral ceilings that are particularly nice in the main living area that is framed by a wall of windows. The primary suite has a massive walk-in closet, an updated en-suite bathroom, and a second balcony, and the unit comes with its own parking space.
- Full Listing: 700 7th Street SW, #827 (map)
- Price: $859,000
- Bedrooms: Two
- Bathrooms: Two
- Square Feet: 1,614
- HOA Fees: $2,710/month
- Listing Agent: Emily Sholder, TTR Sotheby's International Realty

A Silver Spring Rancher With a Garden Retreat Backyard
For those willing to trade a city zip code for more space (and a yard), this Silver Spring rancher offers by far the most square footage of the group, set on a private, one-acre lot landscaped with azaleas, magnolias, and a frog pond, plus a fire pit and a pool. Inside, oversized Pella windows and hardwood floors throughout keep things bright and warm, while an updated kitchen with quartz counters overlooks the pond. Recent big-ticket updates include a 2026 roof, a Carrier Infinity HVAC system, and a whole-house Generac generator. At roughly $270 per square foot, buyers get nearly double the square footage of the DC condo options above, plus a garage and pool, for a comparable price.
- Full Listing: 12806 Gaffney Road (map)
- Price: $850,000
- Bedrooms: Five
- Bathrooms: Two
- Square Feet: 3,143
- Year Built: 1962
- Listing Agent: Heather Foley, Compass
This article originally published at https://dc.urbanturf.com/articles/blog/how_far_850000_goes_in_the_dc-area_housing_market/24787.
Most Popular... This Week • Last 30 Days • Ever

Why condo fees are high in some buildings and low in others can be a difficult questi... read »

In this edition of First-Timer Primer, we look into the question of how to determine ... read »

Here's what you need to know about reporting profit made from the sale of your home.... read »

A Roth IRA is one of those accounts that people feel is totally off limits until you ... read »

On this day of 100+ degree heat, we take a look at a novel proposal aiming to bring r... 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. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro










