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
Early drafts of the Tax Cuts and Jobs Act slashed many of the tax incentives for homeownership. For generations of American families, owning a home has been a cornerstone of economic stability and wealth creation. During the tax bill revision process, the key question the National Association of Realtors lobbyists pushed lawmakers on was, “Do we want a country of renters or a do we want a country where people own their own home?”
Most of the changes to the tax law changes relating to DMV real estate market were either very incremental or left unchanged. The mortgage interest deduction is still allowed, except the new cap is $750K instead of $1 million. Real estate investors still retain investment deductions. The capital gains tax exclusion remains
Please note that all MLS listings are in real time. If the link is not working, it's because that property has been sold or is under contract. Don't worry, each month we compile the most expensive DC properties! Check back soon or subscribe to our newsletter for automatic updates. If you have any questions about the listings below contact us.
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Please note that all MLS listings are in real time. If the link is not working, it's because that property has been sold or is under contract. Don't worry, each month we send out the best investment properties! Check back soon or subscribe to our newsletter for automatic updates. If you have any questions about the listings below contact us.
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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