Sticking to a house-hunting budget of $400,000 isn’t easy in the expensive Washington, D.C., region, but townhouses and condos are often an affordable option.

In Fairfax County, Va., well-known for good schools and thriving employment centers, the median sales price for all home types was $529,000 in August, according to Bright MLS. In the D.C. region, the median sales price for a townhouse rose to $440,000 that same month, according to Bright. But buyers can still find examples that are under the median sales price.

For example, the townhouse at 5567 Peppercorn Dr. in the Greenfield Farm neighborhood in Burke is priced at $390,000. The homeowner association fee is $90 per month, and the annual property tax bill is $3,948.

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Built in 1973 and recently updated, the 1,740-square-foot townhouse has three levels with three bedrooms and three bathrooms. The main level has laminate flooring that looks like wood, granite kitchen counters, new stainless-steel appliances and a new deck.

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Upstairs are three bedrooms, one full bathroom and a half bathroom. Another half bathroom is on the main level. The finished lower level includes a sliding glass door to a covered brick patio and the backyard. Behind the house is a common area with open space and mature trees. The home comes with assigned parking.

A Virginia Railway Express station is about two miles from this townhouse. Other nearby amenities within a short drive include shopping centers, commuter routes and Fairfax County parks.

Assigned schools include Kings Park Elementary and Lake Braddock Secondary. Both schools have an above-average rating from GreatSchools.org.

For a virtual tour, click here.

For more information, contact real estate agent James MacDonald with Redfin at 703-634-4991.

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