Are you interested in an investment property, or a home to occupy? If you're planning to live in the home and stay awhile, these decisions will be made based on your own impressions of DC's neighborhoods, how comfortable you feel in them and how convenient the commute will be to work and entertainment. Will you be driving to grocery and other amenities? If not, you'll want to take their locations into account as well. I specialize in buyer representation and though I'm able to find buyers something in every neighborhood within their price point, my clients' preferences for location are almost always defined by touring no matter how much research was done beforehand. Let your agent suggest homes within several different locations that meet your criteria for your first tour, focus on locations rather than the homes themselves, and prioritize as you go along. Location will prove to be the most important decision-making factor, so getting out and seeing neighborhoods personally is essential. Once you've defined your target area, the search narrows to the homes within it.
In the price range of $600K to $650K near a Metro there are many neighborhoods that might work
for you. I think the northern tip of Columbia Heights is fairly underrated and is tied to Petworth Metro.
You can generally find fixer-uppers on Quincy, Randolph, Shepherd & Taylor near the Metro that are
a good value. The southern part of Columbia Heights tends to have higher prices per sq. ft.
The southern tip of Petworth has larger homes than the rest of Petworth and can generally walk
to Petworth Metro.
The northern tip of Shepherd Park (Leegate, Roxanna, Primrose are very convenient to Silver Spring
Metro. Shepherd Park has wonderful re-sale value. More people are familiar with Takoma Park, Maryland
but Takoma DC is very nice and can walk to Metro. I would strongly suggest you do a wide sweep of as
many different neighborhoods and then work to narrow it somewhat (Brookland, Cap Hill, Shaw, SW
all have homes near Metros. One of the best pieces of advice that I can give you is to buy a home
that is very marketable - that way you will tend not to have trouble selling. Generally it is helpful
to buy in an area where other homes are at least as valuable. If you are looking in a neighborhood
that is mostly rowhouses - a semi-detached may be a great value. If you are looking in Takoma DC
many of the homes are frame - simply finding a nice brick home for the same price might be a good
value. Not something I see in writing but I tend to have a marketibility index that I tend to work with
to help buyers. Finding a home with a nice situs is always great thing to do (not location, how the house sits on the lot and what projects around it - as an example I found a home in Mount Pleasant that was semi-detached (in an area that is almost all rowhouses) had a very deep beautiful front garden (most other homes are close to the street) and was across the street from 3 large detached homes on great lots (rare in Mount Pleasant) on a one block long street with cul-de-sac. All which made for one of the nicest situs in the whole neighborhood. These are just some thoughts. Also, I do have some great suggestions for best mortgage programs that will save you money.
Steven Figman Weichert Realtors 202-494-5902 firstname.lastname@example.org
If you have not signed with or committed to another buyers agent, email or call us.
I would recommend driving around a few different neighborhoods, such as Columbia Heights, Petworth, H Street area, just to name a few (I say these only because they are near a metro and sometimes have homes to remodel as compared to a neighborhood like Cleveland Park or Woodley Park) to see what the neighborhood is like.
I would also recommend getting in touch with a buyers agent who can send you listings and show you properties in areas that you are interested in. Feel fee to drop me a line or give me a call if you need any help.
There are many great neighborhoods in DC that offer diversity. It really depends on how much you are willing to spend on a home. Different neighborhoods have different price points thus some could be ruled out based upon your budget. Are you looking for a home to remodel or for a home that has already been remodeled and ready to move-in? More grocery stores are and have come to DC, such as the safeway downtown, the Whole Foods near Logan, the Trader Joes in Jenkins Row just to the east of Capitol Hill.
If you could let me know price range and type of home (already done or needs work), I would be happy to email over some properties that are on the market.
I would be happy to help you learn more about these neighborhoods so that you can make an informed choice, and be really satisfied with your purchase. Its a really big investment!!
Nash Holdings Co.
Exit Elite Realty
All the neighborhoods mentioned above have plenty to offer for home buyers. However, there is no direct corelation between neighborhoods and houses that are structurally electrically perfect. There are homes renovated and upgraded in every neighborhood. Therefore the condition of the house should not be the defining factor to choose a neighborhood. The life style, convenince to various shopping centers, public transportation, school districts are the defining factors for a neighborhood. I will be happy to show you different neighorhoods in DC. Please contact me if you like more information about neighborhoods.
Your wallet will determine which neighborhoods will work these types of attributes! In NE DC, there are lots of single family detached homes, combining a little bit of suburbia with city life. That would be Brookland, Michigan Park, and Woodridge. You can also be in NW in Takoma Park, or Shepard Park which are closer to Silver Spring, and have different style homes. There are some sleeper neighborhoods like Hillcrest that also have great style. Once you take a tour of these neighborhoods, you will begin to get a feel for what fits your lifestyle. I hope this information was helpful!!
Nash Holdings @ Exit Elite Realty