by Nate Ward
on Friday, May 29th, 2020 at 10:16am.
As DC neighborhoods go, Capitol Riverfront (aka Navy Yard) is among the youngest. As such, it has benefited from growing up around big brothers and sisters, and seeing what works and what doesn’t. Compared to other communities that have grown and changed slowly over time, Capitol Riverfront has been thoughtfully planned out and has a lot to offer to a lot of people.
This wise planning extends to real estate and includes the construction of numerous condos. Armed with the knowledge that Capitol Riverfront would be a popular place to live--and is now one of the most densely populated neighborhoods in The District--the choice by developers to build vertically was a no-brainer. Capitol Riverfront condominiums include Velocity and Capitol Hill Tower (built in the neighborhood’s early years) as well as newer and to-be-completed endeavors such as Avidian, The Bower, and eNvy.
The current average asking price for a 2-bedroom condo in Capitol Riverfront is around $740,000. When you take a look around this well considered--nay, thoughtfully curated neighborhood, with its plethora of quality dining, retail, and recreation options, not to mention Nationals Park, you start to realize it’s well worth the investment.