The founders of E/L Studios in their live/work carriage house.
Last week, UrbanTurf put a question to our readers: was anyone out there interested in living in some sort of live/work space?
Building off a poll posted by Lock 7 Development, we wanted to know if there is a market in DC for rowhouses with an attached storefront, true artists’ studios with loft space, or some other kind of live/work set-up.
Below are the results of our poll:
Of those who answered, which may be a self-selecting group, 81 percent responded that yes, they would be interested in purchasing a live/work space. That affirmative group includes more than 100 people.
A few of our commenters also chimed in with some thoughts. “Having a 15-second commute down a flight of steps would be considered the holy grail,” said Rick. “Only roadblock to such a setup is turning a hobby into a business.”
Justin S. also brought up a few potential considerations:
“Workshop space needs to be priced accordingly. There are probably 200 artists in the whole country that could legitimately afford DC real estate prices to use as an income-producing workspace. And there’s been a rash of ridiculous ‘artist spaces’ opening up on the outskirts of town in places where no one who buys art would ever go.”
While live/work spaces may remain scarce, there is at least one currently on the market: a Ledroit Park rowhouse that is being sold with a working market on the ground floor. An early buyer went under contract on the property earlier this month, but the contract has since fallen through and the listing is back on the market.
This article originally published at http://dc.urbanturf.com/articles/blog/poll_results_who_wants_to_buy_a_live_work_space/7744
Most Popular... This Week • Last 30 Days • Ever
DC's homebuyer assistance programs can be a bit complex. This edition of First-Timer ... read »
The most detailed rendering yet has been unveiled for the 310-unit redevelopment of t... read »
A look around DC to find the most equity-rich neighborhoods.... read »
Just a month after setting a new high in March, the value of a house in DC skyrockete... read »
The National Capital Planning Commission will consider approval of the final master p... read »
Our guide for amateur landlords who don't really know what they're doing.... read »
UrbanTurf has compiled virtual looks at large new developments around the DC region.... read »
When you buy a home in the District, you will have to pay property taxes along with y... read »
The eight-bedroom, 35,000 square-foot home known as The Cliffs hit the market Wednesd... read »
Brookfield Properties is moving forward with development plans for additional sites i... 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