LATEST NEWS

Most Desirable D.C Neighborhoods To Buy Your Next Home

As the old administration turns over and the new one comes in, the real estate market is affected.

By Archana Aithal Rose October 20, 2016
Photo courtesy of Womble Carlyle Sandridge & Rice LLP

If you’re looking to move to a Washington, D.C neighborhood that checks off all the points on your wish list, you may have to look beyond Arlington, Capitol Hill, Besthada, Alexandria, Virginia, Georgetown and Maryland. Based on a data collected from top real estate agents in the District of Columbia, U.S News recently suggested a number of overlooked hoods offering reasonably priced homes right around the corner from D.C’s most flourishing areas. Here are some promising D.C neighborhoods that’ll match the hefts of your favorites.

Related: Live Life, President Style – We Got Dibs on Obama’s New Digs

Alternatives to Capitol Hill

Kingman Park/Lily Ponds: On the far northeast corner of Capitol Hill, these areas have reasonably priced homes- $400,000 for a row house and $600,000 range for a renovated home. Lily Ponds, near the Anacostia River has seen a 50 percent rise on home prices in the last five years. The nearby Robert. F. Kennedy Memorial Stadium that’s up for redesign is expected to further boost local real estate prices.

Photo courtesy of Airbnb
Photo courtesy of Airbnb

Hillcrest: Offering the best views of the monuments and Capitol Hill, Hillcrest is often called D.C’s best-kept neighborhood secret. Located on the city’s eastern flank, with its flurry of Cape Cod, Tudor-style and brick colonial houses, a three-bedroom here sells for around half the price of its Capitol Hill counterparts.

Edgewood: Buyers see this Northeast District Of Columbia as an affordable alternative to Brookland, Eckington and Bloomingdale. Edgewood is close to all that these hoods offer: Brookland’s Red Line Metro, Monroe Street market, Bloomingdale’s restaurant scene and The Catholic University of America. Prices range from $330,000 for a three-bedroom, one bathroom row house to $808,000 for a four-bedroom, three-bathroom row house.

Close proximity to Downtown

Photo courtesy of True District
Photo courtesy of True District

Brightwood: Brightwood’s craftsman and bungalow-style homes compare to the ones in Takoma Park, Maryland, except much cheaper. There’s easy access to Takoma Park’s restaurants, Georgia Avenue’s booming retail scene and the Metro bus line.

Cheverly: This planned Maryland suburb has high diversity and an intimate community feel with access to the district through the Orange Line Metro. Cheverly features great parks, a community market, the Cheverly Swim & Racquet Club- something of a cultural institution. Houses in Cheverly are much like high-demand areas like Arlington, Virginia but at a smaller price tag- $500,000 for a basic brick colonial.

Great scores in Northern Virginia

Claremont: Neighboring Shirlington, Virginia’s busy commercial hub, Claremont has reasonably priced, older homes for under $500,000. According to neighborhoodscout, an astounding 4.8 % of the households here are same sex couples, which is an indicator that it’s a gay-friendly hood.

Pimmit Hills: A working-class neighborhood in Falls Church, VA, Pimmit Hills has affordable homes that sit on large lots, ideal for buyers who wish to flip properties. Residents are within easy reach of Tysons, grocery stores and a large shopping area, but surrounded by trees and with the feel of a small town.

Old Town Alexandria for less

Del Ray: If strong coffee’s your thing, then this charming neighborhood in Alexandria will impress you. Dominated by 1930s row houses, thrift stores and ample caffeine fixes, homes here cost $500,000, and condos for $600,000, except with a low cost of living. The Braddock Road Metro station that extends from Mt.Vernon Avenue- Del Ray’s main drag has become a hipster haunt.

 

Archana Aithal Rose

ABOUT THE AUTHOR Archana Aithal Rose

ABOUT THE AUTHOR Archana Aithal Rose

Archana Aithal Rose’s articles have appeared in The Times of India, CNNGo, Condé Nast Traveler and Vogue, covering such broad range of topics as fashion, art, travel, culture, celebrities, architecture and technology. In addition to writing, Archana's also known for her mad photography and cooking skills.

  • AGORAFY
    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China https://goo.gl/PsTUwv
  • AGORAFY
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures https://goo.gl/NZ3zqD
  • AGORAFY
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury https://goo.gl/7TpLk6
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…
Will Artificial Intelligence Change Real Estate Industry In The Next Five Years?
Globalization and tech progress are the two forces that are irreversibly changing the world. Robots, machines, artificial intelligence (AI) tools, and, of course, vast amounts…