What $500,000 Buys You in DC

  • September 12th 2012

by Shilpi Paul

In What X Buys You this week, UrbanTurf takes a look at properties on the market in the $499,000 to $510,000 range to give readers an idea of what type of homes are available in this price point in the DC area.

What $500,000 Buys You in DC: Figure 1

H Street Corridor Row House on a One-Way, One-Block Street

The cozy, slightly isolated feel of DC’s one-way, one-block streets can create a real sense of community; Capitol Hill’s Walter Street is one shining example, and residents there enjoy several annual block parties and near daily happy hours. This three-bedroom is located on one such block just south of the H Street Corridor. While UrbanTurf isn’t sure if the block has a spreadsheet and email listserv yet, the house is well maintained and quite cute, with a checkerboard floor in the kitchen and a juliet balcony off of an upstairs bedroom.

  • Full Listing: 1312 Emerald Street NE (map)
  • Price: $509,000
  • Bedrooms: Three
  • Bathrooms: 1.5
  • Year Built: 1941
  • Listing Agent: Peter Principe, RE/MAX Allegiance

What $500,000 Buys You in DC: Figure 2

One-Bedroom at the Watergate With Views of the Water

A unit is on the market in the historic Watergate building. The layout maximizes the impressive view of the Potomac with floor-to-ceiling windows along the entire length of the living room and bedroom. Several glass doors offer access to a balcony. Of course, many co-ops carry massive monthly fees that can impact your bottom line, and this unit’s HOA dues of $2,276 a month are higher than most rents in the city.

  • Full Listing: 700 New Hampshire Ave NW, #305 (map)
  • Price: $499,000
  • Bedrooms: One
  • Bathrooms: 1.5
  • Square Footage: 1,280
  • Listing Agent: Ginette R. Winston, Winston Real Estate

What $500,000 Buys You in DC: Figure 3

Cozy Southeast Row House With Light and Openness

At some point, owners of this home decided to maximize the layout of the narrow row house. A vaulted skylight above the staircase brings light into the main level, which has an open floor plan. The home has just over 1,000 square feet of space, and the second bedroom feels a little tight, and the kitchen is stacked high with shelving to counterbalance the minimal floor space. However, a back patio and finished lower level ease the potential claustrophobia.

  • Full Listing: 1255 K Street SE (map)
  • Price: $499,000
  • Bedrooms: Two
  • Bathrooms: 1.5
  • Year Built: 1925
  • Listing Agent: Crystal Crittenden, Coldwell Banker

This article originally published at https://dc.urbanturf.com/articles/blog/what_500000_buys_you_in_dc/6013.

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