No DC Real Estate Market has experienced quite an increase in value. If you want a more in depth Congress Heights DC Real Estate Market Report,please don't hesitate to e-mail me at DChomesforsale@gmail..com. Or go to one of my websites at http://www.freelistofhomesforsale.com
I see you were looking at a property in Marshall Heights DC in the $300k price range. You have many options in the city, however the monthly payment you are comfortable with will determine the best location. For instance if you are approved for $300,000 you may want to explore the Fort Totten/Brookland/Michigan Park area which is undergoing a lot of development. A new urban based Walmart is being built in the area along with a new Arts Center. Also, the SW waterfront is incredible however you can find more affordable property in Anacostia which is near the SW waterfront and is near the new Homeland Security campus.
If we area able to get you approved for $400k+, then we can explore some areas such as the Atlas District. If you are looking $500k+, then we can explore many other areas such as Petworth which is rapidly changing. The beauty of Washington DC is the entire city is undergoing continuing revitalization. We can find something that will suit you perfectly. Feel free to ask me any additional questions.
DC Real Estate Guy
"Your Friendly Neighborhood Expert"
I love Eckington, LeDroit Park, and anywhere in SW around Nationals Park. There is a coop building- Tiber Island, for instance - which I love and is very very well priced! I think the SW waterfront will be a great growth community for the next few years! Happy hunting - and I would be glad to talk with you off line.
The directions I would head in are South and East of downtown. Of course, "less expensive" and "up and coming" are both relative terms so it depends on what you mean and what you are looking for exactly. However, in general, I think Southwest is a relatively less expensive area in which to purchase and once the waterfront development projects there are completed, it should increase property values and be a booming area. There are still some great properties in that location but it really depends on what you are interested in.
Other areas that are very hot right now are East of the Dupont-Logan-Shaw neighborhoods toward Bloomingdale, Truxton, Petworth, and further East beyond North Capitol Street to Eckington, Brookland, and beyond. I would be glad to speak with you some more about your interests and would welcome the opportunity to help in any way I can. Email me at email@example.com or call me at 202-494-0714.
Keller Williams Capital Properties
First we should consider your purpose and budget. Are you investing for rentals? Or are you looking for a modestly priced home to live in? Many of my younger first time homebuyers looking for Single Family Homes are priced out of most areas in NW like Petworth, Adams Morgan and U Street and are making there way into areas of NE like Kingman Park, Old City, Deanwood, Trinidad and even sweet little pockets of SE. Some of these are actually awesome areas to invest in especially along metro rail/bus routes. I've actually lived in the NE Kingman Park area for 10 years and a house in my immediate area recently sold for $500,000.
I'm also an investor. Feel free to give me a call/email to pick my brain before you make your move.
Central Properties, LLC
1353 V Street, NW
Washington, DC 20009
K. Ann Decor & Design Homes
the growth is occurring east of Rock Creek. Petworth for example is booming, as is the waterfront in SW. You might also consider the area around Union Market (http://unionmarketdc.com/ . Contact me if you want more specific suggestions that match your lifestyle and budgetary preferences.