How Far $850,000 Goes In The DC-Area Housing Market

• July 7th

by UrbanTurf Staff

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This week we bring back What X Buys You as UrbanTurf takes a look at how far an $850,000 budget goes in the DC-area housing market right now.  

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A Loft With Soaring Ceilings Near Adams Morgan

This loft sits inside a converted 1928 warehouse tucked off Adams Morgan's main drag. Ceilings run roughly 13.5 feet tall, and the open floor plan leads out to a private terrace. Both bedrooms have their own en-suite bath, a configuration that works well for roommates or a home office setup. The unit also comes with a private off-street parking spot, a detail that carries real value in this part of Northwest DC.

• Full Listing: 1701 Kalorama Road NW, #203 (map)
• Price: $840,000
• Bedrooms: Two
• Bathrooms: Two
• Square Feet: 1,157
• HOA Fees: $988/month
• Listing Agent: Tommy Ferris, TTR Sotheby's International Realty

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A Waterfront Condo With Room to Spread Out

Coming in on the higher end of the $850,000 range is a two-bedroom, two-bath unit at Town Square Towers, the two-block-long condo building on the Southwest Waterfront known for its honeycomb balconies and roofline arches. At 1,614 square feet, this is one of the larger floor plans in the building, and includes 12-foot cathedral ceilings that are particularly nice in the main living area that is framed by a wall of windows. The primary suite has a massive walk-in closet, an updated en-suite bathroom, and a second balcony, and the unit comes with its own parking space.

• Full Listing: 700 7th Street SW, #827 (map)
• Price: $859,000
• Bedrooms: Two
• Bathrooms: Two
• Square Feet: 1,614
• HOA Fees: $2,710/month
• Listing Agent: Emily Sholder, TTR Sotheby's International Realty

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A Silver Spring Rancher With a Garden Retreat Backyard

For those willing to trade a city zip code for more space (and a yard), this Silver Spring rancher offers by far the most square footage of the group, set on a private, one-acre lot landscaped with azaleas, magnolias, and a frog pond, plus a fire pit and a pool. Inside, oversized Pella windows and hardwood floors throughout keep things bright and warm, while an updated kitchen with quartz counters overlooks the pond. Recent big-ticket updates include a 2026 roof, a Carrier Infinity HVAC system, and a whole-house Generac generator. At roughly $270 per square foot, buyers get nearly double the square footage of the DC condo options above, plus a garage and pool, for a comparable price.

• Full Listing: 12806 Gaffney Road (map) 
• Price: $850,000
• Bedrooms: Five
• Bathrooms: Two
• Square Feet: 3,143
• Year Built: 1962
• Listing Agent: Heather Foley, Compass

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/how_far_850000_goes_in_the_dc-area_housing_market/24787.