July 2013

Found 13 blog entries for July 2013.

The renaissance of the Capitol Riverfront has seen the arrival of Canal Park---with its skating rink---and elegantly landscaped Yards Park on the Anacostia River in the SE and SW quadrants of Washington, DC.  The Capitol Riverfront has a growing residential population moving into trendy new condos and lofts amidst hot new restaurants and retail shops.  The diverse, new mixed-use neighborhood is home to the Washington Nationals baseball team, and an entertainment district.

The Capitol Riverfront primarily features new construction residential housing---both high-rise condos and row houses---drawing newcomers, attracted by the proximity to modern office towers and employment sites such as the Department of Transportation’s sparkling new headquarters, and

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The flipping of homes is booming in the DC area, according to a report by RealtyTrac.  While flipping homes once may have had a somewhat negative impression by the public, it is now being welcomed by many DC residents with open arms.  Flipping homes---the process where a house is bought, renovated and resold within several months---is now breathing new life into many parts of the city including neighborhoods of traditional DC row houses.  The makeovers are beautifying individual homes, which then collectively improve communities throughout the region.  The impact is a positive one on many neighborhoods.

Single-family homes in the DC metro area which were resold within 6 months after their purchase from January to June 2013 ranked 4th in the nation for

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A new luxury community of 20 town homes located between Bashford Lane and 2nd Street in Old Town Alexandria, Virginia is now available to those who would enjoy city dwelling in an historic neighborhood.  The Old Town waterfront is one of metro DC’s and Alexandria’s landmark historic neighborhoods.

Historic Printers Row draws from its pre-industrial past and historic townhouses dotted throughout Old Town, and the well-designed collection of residences are finished with the finest materials.  Natural light streams in through Printers Row town home windows, and generous open floor plans offer new residents prime homes for entertaining.

Every home in Printers Row features brick exteriors and large double-hung windows.  Elegant interiors showcase hardwood

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DC Condo Boutique team member Donna Mank represented the buyer of a condo at Woodley Park Towers located at 2737 Devonshire Place NW, #C in DC's Garfield neighborhood.  This condo featured 3 BR /  3.5BA / 3,300 SF and sold on July 23rd, 2013 for $1.3M / $394 SF.

This architect-designed condo is great space for entertaining and features a grand gallery entrance-way, a chef's kitchen and a banquet-sized dining room. Creature comforts include a laundry room with full-size appliances and a solarium with lovely park views.  Woodley Park Towers is featured in James Goode's Best Addresses and is a pet-friendly condo development.

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DC’s Foxhall Village is an elegant, upper-middle class, European-influenced neighborhood tucked away west of Georgetown, and located between the Palisades neighborhood and Georgetown.  It is a triangle-shaped quiet residential area with 350 homes.  The absence of through streets helps keep Foxhall Village tranquil. Dotted with well-kept gardens, manicured lawns, and beautiful Tudor homes, Foxhall Village is a short bus ride or drive from downtown DC, yet it is serene and secluded off the beaten path.  Homes date back to the 1920s. The neighborhood is between Foxhall and Reservoir roads and 44th Street, NW, next to Glover Park allowing residents an easy walk to Georgetown to do their shopping.

While aesthetically pleasing to the eye, the houses look

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One of the first rites of passage for new DC residents with cars is to figure out the diagonal routing of the major state avenues.  One of the District's toughest driving challenges is to navigate without a GPS on Mass Ave or New Hampshire Ave through Dupont Circle.  A sign of a true Washingtonian is one that has learned the routes to avoid passing through Dupont Circle on a diagonal state avenue.

When DC was first established, the organized naming of streets---lettered and numbered---make it easy for tourists and suburban commuters to make their way through DC; but diagonal avenues with state names often confuse motorists.  Avenues with names of states---like Maryland Avenue, Pennsylvania Avenue, and New York Avenue---that run through downtown DC

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DC Condo Boutique team member Donna Mank represented the buyer of a condo at Columbia Residences Condominiums located at 2425 L Street NW, #612 in DC's West End neighborhood.  This condo featured 2 BR /  2BA / 1,155 SF and sold on June 26th, 2013 for $879,000 / $761 SF.

This condo featured an open floor plan, an upscale kitchen with Sub Zero and Viking Appliances, a large private terrace and a parking space. The Columbia is one of the most popular West End developments with one of the most convenient locations in the city.  Amenities at the Columbia Residences include a fitness center, swimming pool and underground parking.

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The transformation of Ballston from a sleepy neighborhood in the shadows of DC into a lively, urban hamlet is enticing many 20-somethings to check out this neighborhood.  Dominated by high-rise condo developments including the Alta Vista and the Monroe, Ballston is conveniently located south of I-66 and on the Wilson Boulevard-Clarendon Boulevard corridor, which was named one of the 10 “Great Streets” in the U.S. by the American Planning Association.

Ballston has plenty to offer: The Ballston-MU Metro Station is in the neighborhood, and makes it easy to walk to office buildings, residences, hotels, and restaurants.  The sidewalks full of people create a “downtown” feel.  You’ll also find the Ballston Common Mall, a four-story mall filled with shops,

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With the movement of young people, jobs and businesses to big cities, like Washington, DC, there has been a boom in population growth in cities rather than suburbs in most metro areas across the United States.  Cities are now rapidly replacing suburbs as the hub of economic and population growth.  A new study reveals a real urban shift in the nation’s housing market.  Neighborhoods now seen as most desirable are denser, more mixed-use and diverse.  These gentrifying neighborhoods, as they have shifted from lower-to-middle-class to middle-to-upper-class are also getting more expensive to buy homes.

Housing prices in urban neighborhoods were up 11.3%, compared to 10.2% in suburban neighborhoods, according to a new study by Trulia.  Housing prices rose

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The most expensive DC condo sold in June 2013 was in Logan Circle at The Metropole located at 1515 15th Street NW #607 Washington, DC 20005.  This 3 BR / 3 BA / 2,351 SF penthouse condo includes two parking spaces.  The selling price was $1.9M / $808 SF which was 100% of asking price.

Congratulations to selling Realtor Annie Cefaratti with Keller Williams Realty for closing the most expensive condo sale in the District in June 2013.

Honorable mention for the second most expensive condo to sell in the District during June 2013 was a in Friendship Heights at Chase Point located at 4301 Military Road NW #702, Washington, DC 20015.  This condo features 2 BR / 2.5 BA / 2,126 SF and includes two parking spaces.  The selling price was $1.665M / $783 SF,

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