As you can probably guess from looking at its construction, the word “renovate” means, at the most basic level, “to make new again” and that is exactly what is happening throughout DC’s Petworth neighborhood. Without going into cringe-worthy metaphors like how the new Safeway on Georgia Ave NW and various new eateries are Petworth’s state-of-the-art kitchen with stainless steel appliances and granite worktops. It must be expressed that the gorgeous and thoughtful renovation being done inside Petworth’s rowhomes and condo conversions is a perfect parallel to the renovation of the entire neighborhood.
Especially impressive is the manner in which investors are making Petworth new again. They are not simply tearing down and building
If there is one truth about DC’s Georgetown neighborhood, it’s that it maintains a superior connection to history. As one of the first neighborhoods to be designated as a National Historic District, standards are incredibly high for the preservation of existing structures and the prospect of new builds.
Whether a home in Georgetown is historic really depends upon your definition of the word. Obviously, there are many houses that are the sites of notable events or one-time residences of incredibly notable people. The Forrest-Marbury House at 3350 M St NW hosted President George Washington at a dinner that would conclude with the acquisition of the land necessary to build the District of Columbia. Georgetown historic listings of this sort are quite
The Armed Forces Retirement Home will soon begin a project on its Northwest DC Campus that is now ten years in the making. On Monday, March 19th, the AFRH issued a solicitation to developers. Paying its operating costs from a trust fund rather than federal appropriations, the AFRH has had difficulty making ends meet over the years, but thanks to some creative thinking and congressional approval, a portion of the 272-acre campus has been allocated for private development. This will create a new revenue stream from which the fund can be topped off.
Though various ups and downs have halted the forward progress of this project, the delays may have been a blessing. Petworth, the neighborhood that shares the AFRH’s northwest border, has undergone a
Thanks to a construction boom following the American Civil War, the dominant housing style in Georgetown is the brick rowhome. Whether you call them rowhomes, row houses, or townhouses; these attached and semi-detached dwellings are icons of class and charm and they do not come cheap. The modest, 1895-built house at 3419 Q St NW where John F Kennedy and Jacqueline Bouvier first met just hit the market for a cool $1,725,000.
The majority of Georgetown rowhomes are Federal or Victorian in style and are quite tastefully unique--many with English basements, offering considerable rental potential. As is the case in many of DC’s historic districts, architectural variance becomes a viable motif, provided that the buildings are well preserved. Georgetown
Capital Park Realty is the first and only DC Area brokerage to release a VA Approved Condo search filter for active MLS listings. This new tool assists buyers looking for condos where the Veterans Administration loan is accepted in the District of Columbia, Arlington, Alexandria, Chevy Chase, Bethesda, and Silver Spring.
Nate Ward, co-founder of Capital Park Realty was the driving force behind the exciting project. The VA loan is a great benefit to veterans, but finding a condo where they can use the loan is often a very challenging process. Ward explained, “We truly want to serve the veteran community. As many veterans can attest to, finding a VA approved condo building can be very time-consuming. This tool eliminates
Foreign real estate investors are eyeing the Washington DC real estate market! In the past year, DC has risen two spots, from number six to number four among U.S. cities for foreign investment. Only New York, Los Angeles, and Seattle came in before our nation’s capital.
South Korean and Chinese institutional investors are fueling much of the interest. The top five property types investors are most interested in listed by members of the Association of Foreign Investors are industrial, multi-family, office, hotel, and retail (in order of importance).
D.C. Developments and Beyond
It’s no secret D.C. has been growing immensely over the past few years. The city as a whole has been working hard
We’ve compiled a list of best events going on in the city for the next couple of months. If you need to make some plans with friends or family in town, want to see something new or love to experience DC check them out!
Georgetown Glow invites visitors to re-imagine the season of light through outdoor public art. Located in the heart of Georgetown, this is the region's only curated exhibition of outdoor public light and installations. This event runs from Dec 8-Jan 7, from 5-10pm, so make sure to check it out before it ends!
At Wharf Ice Rink visitors can glide over the ice while enjoying amazing views of the Potomac. Open from Dec. 2-late Feb with varying daily times. General admission is $10 and if you need to rent skates it’s
Woodley Park is a bustling neighborhood with plenty to do and plenty of prime real estate just begging to be scooped up. The area surrounding the Woodley Park Metro is full of a world’s worth of cuisines, from Umi Japanese Cuisine, a Yelp-rated four-star restaurant with delicious bento boxes to District Kitchen, serving local, seasonal New American food.
Indulge in a staycation at the Omni Shoreham Hotel or the Marriott Wardman Park Hotel, both extremely Metro accessible and home to many D.C. events and galas. A hallmark of the Woodley Park neighborhood is the National Zoo. Upcoming events there include Zoolights, where over 500,000 LED lights transform the zoo into a winter wonderland, and Brewlights at the Zoo, an adults-only microbrew and craft
Kalorama is the perfect neighborhood for families. Cozy and close to all the amenities of Dupont Circle, Kalorama real estate is some of the costliest (and most gorgeous) in the city. The neighborhood is home to the Obama family (at least until Sasha finishes high school) and many other high-profile members of D.C.’s elite.
While Kalorama itself does not have any Metro stops or restaurants and retail, it is close to both Dupont Circle and Woodley Park restaurants and retail. Close to Kalorama is the Washington Hilton, home of the famed White House Correspondents’ Dinner and community events like the Dog Pool Dip on Nov. 4th, when the hotel closes its pool for the summer and the pets come and take a quick dip.
American University Park is a very suburban neighborhood. It is named after American University, which is actually situated just south of the neighborhood. Dining and shopping options in the immediate neighborhood are scarce, but there is a Wagshal’s Market, locally owned and full of delicious food and produce. There’s also a branch of the popular Tara Thai restaurant and a CVS.
While the immediate neighborhood is more residential, AU Park is minutes from Tenleytown, which is full of fast-casual restaurants like Chick Fil A, Starbucks, José Andrés’ Beefsteak, Dunkin Donuts and more. AU Park is also conveniently located next to Friendship Heights, which also has plenty of shopping and dining options.
Compass is a licensed real estate brokerage that abides by Equal Housing Opportunity laws. Information is compiled from sources deemed reliable but is not guaranteed. All measurements and square footages are approximate. This is not intended to solicit property already listed. Compass is licensed as Compass Real Estate in DC and as Compass in Virginia and Maryland. 1313 14th Street NW, Washington, DC 20005 | 202.386.6330