The median sales price for a home in the District was $570,000 in July, according to Rockville-based Bright MLS, far above a budget of $400,000. Buyers who want to own in the city must make choices about whether location, size or condition is most important to them. Often a move away from hot neighborhoods that are not walkable to a Metro station will garner a few more affordable housing options.
For example, the condo at 6425 14th St. NW, Unit #205, in Washington’s Brightwood neighborhood, is priced at $375,000. The monthly condo fee is $315 and annual property taxes are $1,868.
The condo is in a quieter part of 14th Street, yet buses provide transit to Columbia Heights and Logan Circle for nightlife and the Takoma Park Metro station is a five-minute drive from the building. Residents can walk to stores and the Rock Creek Golf Course and to more shops and restaurants when the Walter Reed redevelopment is complete.
The two-bedroom, two-bathroom condo has 953 square feet and includes a balcony. The unit was renovated in 2012 and has an open floor plan with hardwood flooring and lots of windows. The kitchen has ceramic tile flooring, granite counters and stainless-steel appliances. The master bedroom has a walk-in closet. A stacked washer and dryer is in the unit and pets are allowed. The unit doesn’t include parking, so residents and guests must park on nearby streets.
Assigned schools include the Brightwood Education campus for preschool through 8th grade and Coolidge High. The education campus is rated five out of 10 and the high school is rated four out of 10 by GreatSchools.org, below-average to average ratings based on test scores.
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For more information, contact Jacques Edelin, a sales associate with the Urban Land Company at 240-498-1987.
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