The condo at 4561 Strutfield Lane, #3209, in Alexandria is listing for $315,000. (Tammy Loverdos)

When your ideal property is a two-bedroom residence with some outdoor space, an easy commute and nearby amenities, yet your budget is capped at $400,000, a condo could be your best choice in the expensive Washington region. Just make sure you include the monthly condo fee in your housing budget and understand what the fee covers.

For example, the condo at 4561 Strutfield Lane, #3209, in Alexandria is priced at $315,000. The monthly condo fee is $383, and annual property taxes are $3,406.

The condo is part of the Palazzo at Park Center, where amenities include a swimming pool, a fitness center, a clubhouse and tennis courts. The condo fee covers those amenities, plus an assigned garage parking space, gas, water and trash removal. Metro buses and Dash buses are nearby.

The 962-square-foot condo has two master bedroom suites, each with a full bathroom, plus a private balcony. The updated kitchen has granite counters and newish appliances. The unit also has a stacked washer and dryer. The kitchen and foyer have ceramic tile flooring, while the bedrooms and living areas have carpet. The condo comes with an onsite storage unit.

Assigned schools include John Adams Elementary, Francis Hammond Middle and T.C. Williams High, all rated below average by GreatSchools.org based on test scores.

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For more information, contact real estate agent Sue Goodhart with Compass at 703-362-3221.