This unit is located at 1320 13th Street, Northwest. The listing says:
“2BR / 2BA Spacious Logan Circle Condo At The Icon. Lots Of Natural Light, 12′ Ceilings w/ Exposed Ducts. Floor-To-Ceiling Glass, Hardwood Floors, Large Sliding Doors Lead To Balcony Space. Granite Counters & Stainless Appliances In Kitchen. Gas Fireplace, Granite/ Tile Baths. Custom Built-In Shelves. Modern Lighting,Washer/Dryer. Pet-Friendly Building, Great location, walk to Metro + more.”
“Suburban housing markets across the United States are evolving rapidly and overall remain well-positioned to maintain their relevance in the years ahead as the places where most Americans live and work, even as many urban cores and downtown neighborhoods continue to attract new residents and businesses, according to a new publication from the Urban Land Institute (ULI).
The report, Housing in the Evolving American Suburb, provides a new analytic framework developed by RCLCO for the ULI Terwilliger Center for Housing that describes different kinds of suburbs based on the key factors that define and determine their housing markets. The report classifies and compares suburbs in the 50 largest metro areas in the U.S. – shown in a searchable online map – and assesses the key issues that will shape suburban residential demand and development in the years ahead.
Among the report’s key findings:
America remains a largely suburban nation. In America’s 50 largest (and most urbanized) metropolitan areas, suburbs account for 79 percent of the population, 78 percent of the households, 32 percent of the land area—and, particularly noteworthy – 75 percent of the young adults aged 25 to 35.
Suburban growth has driven recent metropolitan growth. From 2000 – 2015, suburban areas accounted for 91 percent of the population growth and 84 percent of the household growth in the top 50 metros.
The large majority of Americans work in suburbs, although job growth has been more balanced recently. As of 2014, 67.5 percent of the employment in the 50 largest metros was in suburbs. Between 2005 and 2010, employment in suburban areas remained stagnant, while it increased by 8.2 percent in urban areas. But between 2010 and 2014, jobs increased by 9 percent in suburbs versus 6 percent in urban areas.
Suburban residents overall have higher incomes. The median household income in the suburbs is $71,000, which is substantially higher than the median household income of $49,200 for urban areas.
The suburbs are “young” compared to their regions overall. The suburbs are home to 85 percent of children aged 18 and younger, as well as 75 percent of young adults aged 25 to 34.
American suburbs as a whole are racially and ethnically diverse. Seventy-six percent of the minority population lives in the suburbs.
The regional variation in home values between suburbs and cities is substantial. On average, the median home value in urban areas is $365,000 compared to $305,000 in suburban areas. However, there are major variations by region – for instance, in the New York metro area, median home values are 28 percent higher in urban areas than the suburbs. But in the Heartland (middle section of the country) home values in the suburbs are significantly higher than those in urban areas.
The report identifies development trends, issues, and innovative product examples – too often overlooked — in five distinct types of suburbs within the 50 largest metro areas: “Established High-End,” “Stable Middle-Income,” “Economically Challenged,” “Greenfield Lifestyle,” and “Greenfield Value.” Key observations about the different types of suburbs include: (more…)
“Selling houseboat docked/moored at Gangplank Marina in SW DC. Essentially a tiny home/floating studio apartment in what is expected to be the hottest part of town. Amazing live-aboard community with close access to metro and Safeway.
A few details about the boat/marina:
1984 Holiday Mansion Coastal Barracuda – Archimedes – 37′ foot
On site laundry/showers/bathrooms/grilling area
Secure parking included
Mailbox/address right at marina
24/7 security in gated marina
Waste Tank Pumpouts weekly
Fun people (more…)
This unit is located at 1000 New Jersey Avenue, Southeast. The listing says:
“Sun-filled luxury 1 Br 1 BA w floor to ceiling windows in Navy Yard. Unit feat: a great pvt balcony w city views. Open kit w SS appl & granite counters. Bldg feat: fitness cntr, indoor pool, hot tub, Rec Rm w plasma TV& 24 hr secure frnt dsk. Dog park, playground across St. Block 2 Metro, Harris Teeter, shopping, dining & entertainment. U/M ~142k – Buyer need mortgage only ~182k! Taxes inc in fee!”
This house is located at 146 Duddington Place, Southeast. The listing says:
“Custom Green & Period Restoration of this 3BR/2BA light-filled home on Capitol Hill’s most idyllic street. Experience its Parisian sidewalk culture! Flexible layout. A kitchen w/ style & soul–North Star appliances & recycled glass countertops. New Plumbing/ Elec. /Mech. systems (total util. <$200 in peak months!). $200K renovation. Brent Elementary. 2 blks Metro & Whole Foods (June 2017)."
Good Deal or Not Revisited (GDoN-R) is a weekly post that reviews the settled sales data of a recent individual real estate transaction in the District of Columbia. Each post is a snapshot of the real estate market at a particular moment in time. GDoN-R generally posts on Friday in the late morning.
GDoN-R has been written exclusively for Popville since 2009 by Suzanne Des Marais. Suzanne is a practicing Realtor with the Bediz Group, LLC at Keller Williams Capital Properties . Unless specifically noted, neither she nor the company that she is affiliated with represented any of the parties or were directly involved in the transaction reported below. Unless otherwise noted, the source of information is Metropolitan Regional Information Systems (MRIS), which is the local multiple listing system and/or Smartcharts by Showingtime). Information is deemed reliable but not guaranteed.
Featured Property: 706 Rock Creek Church Rd NW Condos-Unit 1 & 2
Legal Subdivision: Columbia Heights
Advertised Subdivision per Listing: Columbia Heights
Bedrooms: 3 Baths: 2.5 Parking: Assigned Ownership: Condo
Unit 1: Still ACTIVE
Original List Price: $699,000. Current List Price: $679,900.
Monthly Condo Fee: $243.00
Square Footage per Listing: 1450 Price per Square Foot: $469.
List Date: 10/06/2016 Days on Market: 56
Unit 2: Settled 11/30/2016-Unit 2 included a private roof deck
Original List Price: $779,000. List Price at Contract: $779,000.
Monthly Condo Fee: $243.00
Square Footage per Listing: 1450 Settled Price per Square Foot: $537.
List Date: 10/06/2016
Days on Market: 6 Settled Sales Price: $779,000.
Seller Subsidy: $1500.
Settlement Date: 11/30/2016
Transaction type: Standard
Like much of the rest of the city, condo conversions began appearing near the Georgia Ave/Petworth Metro Station in 2004. A number of previously single family homes on the same block as the subject properties have since been parceled into two or three units. (more…)
This unit is located at 310 Todd Place, NE. The listing says:
“Updated Todd Place Condo is your chance to own in growing Eckington. Open floor plan allows LR to pour into renovated kitchen complete with SS appliances, granite counter tops, gas range, and backsplash. Bright mstr BD w/generous walk-in closets. Hardwood floors throughout. W/D in unit. Separately deeded parking. Close to bus stop, metro stops, Bloomingdale & Rhode Island Row for shopping/dining.”
Thanks to a reader for sending word that beautiful “virtual unicorn we looked at in late October sold for $215k over asking at $1,113,500. Pretty much what most commenters thought would happen. Congrats to the sellers and new owners! If you missed it the first time you can still see the virtual tour here.
This rental is located at 5302 Illinois Avenue, Northwest. The listing says:
“Totally renovated 3 bedroom 1 1/2 bath townhouse in Petworth. Wood floors throughout. Living room with gas fireplace, dining room, kitchen with stainless steel and granite, 1/2 bath, rear deck on main floor. 3 bedrooms (1 small) on 2nd floor with 1 full bath. Enclosed rear paved patio Alarm system. Available December 5th. No smokers and no pets.”
This house is located at 2326 1st Street, Northwest. The listing says:
“$200,000 price adjust. NEW LOOK! -A home for sophisticated buyers passionate about urban conservation. Over 3000 SQF portraying museum quality wood work, original lighting & intact period details with modern amenities.Formal dining, gourmet kitchen, deck, 2 master suites.2 BR, sep. metered rental unit, garage. Main house vacant, unit by apt. OH Sunday 2-4”