What $700,000 Buys You in DC

• October 24, 2013
• 2 Comments

by Shilpi Paul

In What X Buys You this week, UrbanTurf takes a look at properties on the market in the $700,000 range to give readers an idea of what type of homes are available in this price point in DC proper.

One Block from the Georgetown Waterfront

The area between the canal and the river in Georgetown has plenty of swanky condos (with more on the way); this unit is in James Place, an 85-unit building that was built in 1980. While the exterior has an 80s feel, the interior has a few modern touches, like exposed cement beams and a glassy kitchen backsplash. The HOA fees are on the high side.

• Full Listing: 1077 30th Street NW #308 (map)
• Price: $699,000
• Bedrooms: Two
• Bathrooms: Two
• Square Footage: 1,066
• HOA Fees: $700 per month
• Listing Agent: Daryl Judy, Washington Fine Properties

Owner-Renovated and Energy Efficient in Capitol Hill

This two-bedroom rowhouse, located just east of Lincoln Park in Capitol Hill, has been updated by an eco-minded owner. The solar panels generate enough heat that Pepco credits the home, and there is a tankless hot water heater and new windows. The garden has also been meticulously maintained, and the basement is finished, with a fireplace, laundry room and full bathroom.

• Full Listing: 1414 A Street NE (map)
• Price: $699,000
• Bedrooms: Two
• Bathrooms: 3.5
• Year Built: 1909
• Listing Agent: Jack Cohen, Coldwell Banker Residential Brokerage

Two-Unit Building In Eckington

For anyone looking to offset their mortgage with a rental unit, this Eckington home could be an option: it has a two-bedroom, three-level primary unit on top, and a two-bedroom, rentable unit on the lower level. The home is being sold “as-is,” but is move-in ready; the new owners could make updates on their own timeline. The home is located at North Capitol and Florida Avenue, which will be welcoming a wave of new retail soon.

• Full Listing: 2 Quincy Place NE (map)
• Price: $699,000
• Bedrooms: Four
• Bathrooms: 3.5
• Year Built: 1900
• Listing Agent: Sylvia Adams, Taylor Properties

This article originally published at http://dc.urbanturf.com/articles/blog/what_700000_buys_you_in_DC/7729

2 Comments

1. mj said at 6:35 pm on Friday October 25, 2013:
   We're working on a real estate bubble in D.C. Sellers and agents are getting unrealistic and with pricing in some neighborhoods and buyers are behaving irrationally, snapping up over priced units. Un-renovated units are being priced the same as renovated units in some cases, which is ridiculous. Let's have a dose of sanity. Paying 1.2 million for a two bedroom condo on the 3rd floor a row house is just ridiculous.

1. seriously said at 7:36 pm on Saturday October 26, 2013:
   Seriously. I keep seeing crap 2 bedroom basement condos for 1/2 mil a mole wouldn't want to live in. Are they crazy??