MLS #: DC10048760            

Price: $499,000

Bedrooms: 1

Bathrooms: 1

Square Footage: 768

Style: Traditional          

Walk Score: 98

Open House: Sunday 9/10, 1-3pm

VIEW LISTING

Classic style meets modern convenience! This newly renovated condo has two exposures, a private entrance and secured patio! The open layout invites an abundance of natural light throughout the entire home. New custom kitchen features granite countertops, stainless appliances, Bosch fridge and separate wine cooler for entertaining. Brand new flooring throughout the entire home. Even the water heater, washer / dryer and recessed lighting are brand new!

 

…

1288 Views, 0 Comments

Read Full Post

A lot has changed since we last wrote about Union Market three years ago. There are too many vendors to name in one blog (more than 30!), but some of the more popular choices have become Co Co. Sala (chocolatier), Cordial Fine Wine & Spirits, Rappahannock Oyster Company, Red Apron Butchery, and TaKorean (Mexican/Korean fusion). Dock5, located directly above the marketplace, also provides a 12,000 square foot warehouse event venue. There are always pop-up artisans in Union Market, but none have gathered as much attention as the planned Angelika Pop-Up. Opening later this year, it will be a three-screen micro cinema located behind the market at 550 Penn St. NE. Dolcezza, a gelato and coffee shop, is located next to the Angelika and has been receiving rave…

30505 Views, 0 Comments

Read Full Post

August often brings a slight decline in sales activity in Washington, DC. It is a prime vacation month for area residents as they seek to escape the District for cooler climates, beaches, and mountains. Congress is also out of session which means thousands of DC residents have more leisure time to take these vacations. As such, fewer people are looking to buy than there were earlier in the summer and spring. It also means fewer listings normally appear on the market than in other warmer months of the year. However, the good news is that so far this summer there are more listings on the market than there were a year ago in Washington, DC. The challenge in 2014 is that the median sales price has gone up, and this may account for the fact that the number of…

1445 Views, 0 Comments

Read Full Post

The good news is that DC is steadily becoming a more pleasant and accessible place to live. The challenge for hopeful buyers is that prices aren’t where they used to be, even a year ago. The process of urban renewal in the nation's capital has become a self-fueling engine. As more people move back to the District, it inevitably leads to increased demand for local businesses and services. The demand encourages the revitalization of commercial corridors and supports a broader base of cultural, dining, and retail options. In a basic sense, more people equals a more vibrant and eclectic city. The city's build out of the Metro and bus systems along with the wild success of the Capital Bikeshare Program has created a more accessible and useful public…

1460 Views, 0 Comments

Read Full Post

Space is becoming more and more of a premium in DC, and the trends we’re seeing as spring turns into summer are certainly reflecting that. It’s a seller’s market in the District as prices continue to climb while the number of available properties have not risen to meet demand.

The biggest example of the lack of space is the spread of pop-ups throughout Washington, DC. These renovated townhouses are 40 to 65 feet in height, often rising high above the two-story houses next to them. The benefit of such properties is that it allows two or three units within a single 4-6 story structure, and uses available vertical space to its fullest. Often these pop-ups replace blighted structures or even vacant lots, helping to bring more housing stock to neighborhoods…

2001 Views, 0 Comments

Read Full Post

If you're looking to make a purchase in DC's current real estate climate, the most important thing to keep in mind is that you're buying into an appreciating market. What that boils down to is that you're going to be paying more than someone else did for a similar property even just a few months ago. The sooner a buyer wraps their mind around the idea that they will very likely be paying more than the most recent comparable sales, the sooner they'll be making offers that have a reasonable chance of being accepted.

Buyers should keep in mind that not only does price make their offer competitive, but contract terms are also very important. Being flexible on the settlement date, allowing the seller some extra time to move, conducting a home inspection for…

1639 Views, 0 Comments

Read Full Post

Spring in the Nation’s Capital brings two certainties: cherry blossoms and more listings showing up on the real estate market. It has been quite the seller’s market over the winter, with a high demand and low supply of properties in the DC area. The sales price to original asking price is close to 100% right now. While we don’t foresee it turning into a buyer’s market anytime soon, there will be more listings coming available throughout the spring and summer.

Most well priced listings are seeing multiple offers. More often than not, the winning offer is above the seller’s asking price with very few, if any, contingencies. It’s commonplace in DC for purchasers to accept the property “as-is,” and many buyers are choosing to waive any financing,…

2066 Views, 0 Comments

Read Full Post

It’s a very good time to own a home in the nation’s capital! Homeowners are enjoying their fourth straight year of rising values. Sales continue at a brisk pace with demand outweighing supply. The government sequester never seemed to put much of a dent in demand. Potential buyers eager to take advantage of low interest rates and an appreciating real estate market are facing stiff competition. 

Most listings are seeing multiple offers. More often than not, the winning offer is above the seller’s asking price with very few, if any, contingencies. It’s commonplace in DC for purchasers to accept the property “as-is,” and many buyers are choosing to waive any financing or appraisal contingencies to sway the seller in their direction. Some neighborhoods…

1568 Views, 0 Comments

Read Full Post