What $300K Buys You in the DC Area

• May 18th 2011

by Mark Wellborn

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In What X Buys You this week, UrbanTurf takes a look at properties on the market for around $300,000 to give readers an idea of what type of homes are available in this price point in the DC area.

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Upper Level Mount Pleasant One-Bedroom Condo

This Mount Pleasant one-bedroom is not very large (515 square feet), but a buyer putting 20 percent down can pay per month (including taxes and condo fees) what the going rate is currently for a monthly rental in the neighborhood. The unit is on an upper floor, has high ceilings and hardwood floors, and a renovated kitchen. The building is pet-friendly, but the listing price does not include parking or an in-unit washer/dryer.

• Full Listing: 1725 Lanier Place NW, Unit 38D (map)
• Price: $296,000
• Bedrooms: One
• Bathrooms: One
• Square Footage: 515
• Listing Agent: Judith Kelly, Long & Foster

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1,110 Square-Foot One-Bedroom Plus Loft in Silver Spring

For almost the same price as the Mount Pleasant unit above, this one-bedroom plus loft condo in Silver Spring offers over twice as much space. The listing has a large living area with a fireplace and a stairwell that leads to a loft that could be used as a second bedroom. The listing price includes off-street parking and an in-unit washer/dryer, and it is located just over the DC border in the Rock Creek Gardens complex that has a large pool.

• Full Listing: 2246 Washington Avenue, W-201, Silver Spring, MD (map)
• Price: $299,900
• Bedrooms: One plus loft
• Bathrooms: One
• Square Footage: 1,109
• Listing Agent: Judith Levin, Long & Foster

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Four-Bedroom Petworth Fixer-Upper

Four-bedroom DC homes listed in the $300,000 range these days are either bank-owned properties or houses in need of a good deal of renovations. This Petworth home across from the Rock Creek Cemetery falls into the latter category, and is meant for a buyer that is not only looking for a new house, but also a project. While the price and size are certainly a bargain, the listing is being sold “as-is” so the buyer won’t get many concessions from the seller.

• Full Listing: 4517 New Hampshire Avenue NW (map)
• Price: $305,900
• Bedrooms: Four
• Bathrooms: 1.5
• Year Built: 1925
• Listing Agent: David Martin, David D. Martin Companies

This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/what_300k_buys_you_in_the_dc_area/3510.