Washington DC Real Estate News & Notes

Washington DC Market Update

The housing market in the US is definitely on the upswing, with home prices in February rising in the nations’ 20 largest cities by more than 5 percent over the previous February.

While Washington showed a modest gain of 1.4 percent over the year, home prices actually fell 0.6 percent from January to February. Nationally, both wage gains and inflation continue to be outpaced by housing prices, and while there has been a definite rebound in home prices, only Dallas and Denver have managed to surpass their housing peaks.

Denver posted a 10 percent gain, which is the largest year-to-year gain in the S&P/Case Schiller Home Price Index, which tracks the housing market. San Francisco was next, with a gain of 9.8 percent. More recent data indicates that

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2030 8th St NW Condos For Sale, 2030 Atlantic Plumbing

Washington DC’s dynamic U Street neighborhood is expanding again, with the construction of 2030 Atlantic Plumbing, a 63-unit condo project by renowned architect Morris Adjimi. Featuring 10-foot ceilings, floor-to-ceiling windows and incredible views, these modern condos bring a fresh new dynamic to the area.

Amenities include reserve garage parking, an on-site fitness center, community kitchen, roof deck and concierge, and the building is conveniently located within walking distance of two metro stations—Shaw and U Street Corridor. A six-screen Landmark Theater and the Washington Project for the Arts will be part of the commercial offerings in the building, and coming later this year will be DECLARATIONS, a new farm-to-table restaurant from the

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1745N Condos For Sale, Washington DC

Although Dupont Circle is one of the most historic neighborhoods in Washington DC, it never hurts to implement a fresh, modern feel in some form or another, and that’s exactly what’s happening with the new 1745N. What will be located on a quaint, tree-lined street just steps from Dupont Circle, this new attached-living development will be one of the most exciting and dynamic condo projects to hit Washington DC real estate market since the recession.

Offering a total of 69 units over six individual buildings, 1745N will be spread out over two separate products once completed: The Row and the Flats.

True to Washington DC form, units at The Row will be full of historic charm and character, featuring condos with 100+ years of patina, but in a way that

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3831 Georgia Avenue NW Condos

The site of Latney’s Funeral Home on Georgia Avenue is the latest development project for the Murillo Malnati Group (MMG). Their latest real estate offering includes a six-story, 20-unit residential building with retail space on the first floor and living spaces on floors two through six.

Close to the DC Metro, bicycling trails, the Smithsonian Zoo, parks, shopping and several major hotels, this site joins other new commercial and residential development units on Georgia Avenue and will be finished in just over a year.

All of the apartments will be rental units as of this writing, and the building will have a rooftop deck. A 2013 decision that waived parking requirements on-site also requires developers to provide a year of bike share or car share

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1309 13th Street Condos For Sale A new six-story, 67-unit condo development known as Logan 13 in the works from locally owned developer Holliday Corporation, best known for it’s residential and mixed-use properties.

The new building, located in the Logan neighborhood of Washington DC, will revitalize the space now occupied by the Mr. Chan Chinese Restaurant, The Mr. Wash car wash and a garage. Topping out at 75 feet, the 67-unit building will feature 1 and 2 bedroom units ranging from 600 square feet to 1000 square feet, with the average size being 760 square feet, as well as two penthouse units. Five of the units will be zoned as “IZ”, or Inclusionary Zoning (Meaning they will meet DC affordable housing regulations), while the others will be market value (more expensive). There are

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7770 Norfolk Condos For Sale

Bethesda real estate is prime property right now, and this 17-story, post-tensioned concrete tower is designed for five star living. This modern building features 244 units, with 15 percent (36 units) designated as “affordable”, and 6000 feet of commercial real estate space.

7770 Norfolk has been designed to earn LEED Silver Certification. With a focus on sustainability, urbanism and technology, the glass and bronze façade creates a powerful statement on Woodmont Triangle. The building includes 170 underground parking spots on four levels, electric vehicle charging stations and bicycle storage, as well as an open rooftop system, pet grooming center, fitness center, executive concierge services and a resort-style pool and outdoor living area with

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Buchanan School Condos & Towhomes, Capitol Hill Washington DCWe love the redevelopment of existing buildings with historical significance, so we’re thrilled to hear about Insight Property Group’s plans to makeover the old Buchanan School structures in Washington DC’s Capitol Hill neighborhood.
The ambitious new plan would call for 81 total residences—40 high-end townhomes in the $1 million price range, and 41 condominium residences in the $300,000 to $1 million price range. As far as the new Buchanan School condos go, units would range from studios to three-bedrooms, attracting a wide range of home buyers from singles to families looking for ample living space.

Furthermore, the three-story townhomes that are planned will offer potential home buyers around 1,800 square feet of space, with a minimum of

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The Residences at 7828 Georgia Avenue: Georgia Eastern

In case you missed it, a large-scale residential project could be coming to the three-way intersection of Georgia Avenue, Eastern Avenue, and Kalmia Road just south of Silver Spring. Being called The Residences at 7828 Georgia Avenue, or Georgia Eastern for short, this impressive new project is a dynamic mixed-use development that will include 220 residential units, a Harris Teeter Grocery Store on the ground level, and plenty of underground parking for those living in the building.

Although the Georgia Eastern project has been in the works for awhile now—a neighborhood meeting was first held about the development back in May 2013—construction for the building has still yet to begin.

In all, this redevelopment project could bring 220 apartments, condos,

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2914 Sherman Avenue Condos For Sale

Standing 4 stories high and conveniently located just a couple blocks off Georgia Avenue NW, 2914 Sherman Avenue NW is a fabulous boutique condo development that will eventually house 15 two-bedroom condos and five one-bedroom condos, giving the project 20 total condominium residences altogether.

Approved all the way back toward mid-2013, this new Madison Investments development is actually a re-development of an already existing structure, however with the help from architectural Stoiber & Associates, this totally revamped building will certainly breathe a nice bit of fresh air into the Columbia Heights neighborhood, which is a part of town that’s definitely on the rise when it comes to new development and real estate activity among a wide range of

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Best Places to Go For a Run in Washington DC

If you like to walk, run, jog, or stay active in the Washington DC area, we’re FINALLY approaching that time of the year where we’re not buried in snow or hunkered down inside and can start to fully enjoy all the fabulous outdoor recreational opportunities our nation’s capital has to offer.

For longtime Washington DC residents, chances are you already have a regular running route or trail that you routinely use, but for those new to the area or are perhaps looking to change things up a bit this warm season, here are a few of the best places to go for a run in Washington DC:

C&O Canal

Short for the Chesapeake and Ohio Canal Trail, this scenic route runs 184.5 miles along the Potomac from the heart of Washington DC all the way to Cumberland,

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