I have loved renting in DC. I could go on and on about how much I love my studio, neighborhood, and property manager (WC Smith.) I don’t love that my rent rivals a substantial mortgage payment. Buying a place is a big decision but building equity and making a good investment is one of the smartest things you can do, especially when young. Luckily there are great tools and programs out there to help make the decision. Check out New York Time’s rent vs. buy calculator. If you feel ready to make the jump, read up on DC’s Open Doors program. If you qualify, DC will help pay your down payment. Crazy, I know. The more I learn, the more I want to get a piece of DC real estate. As I shop for myself, I will pass on good deals to EBDC readers. Happy hunting.
$289,500
0 BD/1 BA: 517 sq ft
Georgetown/Dupont
HOA: $413 a month
What makes it great: I am always on the hunt for interesting spaces. For whatever reason, this Georgetown studio is stuck in my head. I can’t help but fall in love with all of the interesting angles and unique layout. The kitchen needs to be updated but that is fixable. You can’t manufacture the charm of this unit. Did you see that the bathroom has french doors? This little studio packs a big punch. If you want to be in Georgetown for under $300k, this is the way to do it. Easily walk to Dupont metro. All utilities are included in the condo fee.
For more info, shoot me an email.
