Brentwood Real Estate For Sale, Washington DC
Located in northeast Washington, DC, Brentwood was named after a mansion built in 1817 by Robert Brent, the first Mayor of Washington City. The house and a large portion of land were the mayor's wedding gift to his daughter, and went through numerous ownership changes as years went by. Portions of the large estate were sold or leased, and the home was destroyed by fire 100 years after its construction. The modern neighborhood of Brentwood is somewhat smaller than the original estate, and is typified by row houses and other multi-unit structures built after the turn of the century. According to Zillow, the value index for Brentwood homes is $212,400, representing a healthy 9.4 percent increase from the previous year. To learn more about Brentwood homes for sale in Washington DC, take a look at the active MLS listings featured on this page or call District Partners at Compass, 202-798-3600. [Read more about Brentwood real estate below…]
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Homes for sale in Brentwood have become increasingly popular as prices in the nation's capitol have spiked. Condos for sale in Brentwood comprise a large portion of this particular DC real estate market. Three-story Victorian row houses, along with boxy brick detached structures, are well-suited for restoration and there are new projects in development as well. Rhode Island Row is a large mixed use development on Rhode Island Avenue near the Brentwood Metro Station. Split between two buildings, the development features a brick retro row house design and offers condos priced below market value. The development also features coffee shops, restaurants, and other retail use, and has earned praise for its affirmative effect on the neighborhood.
Brentwood homes are among the most affordable in Washington, DC, with an meridian list price of $165,000. While part of this is due to the high percentage of condos versus single family homes, the recent economic downturn also played a part. Brentwood hadn't yet begun the gentrification process that was common to other parts of DC when the sub-prime crisis hit. As a result, there have been a lot of foreclosures in the area, as well as short sales. This has resulted in some solid investment opportunities for multi-unit buildings. With their proximity to the heart of DC, Brentwood homes are beginning to enjoy popularity with younger business professionals.
There are a number of secondary schools in the Brentwood area, including Gallaudet University, established in 1857 as the first school in the nation for the hearing impaired. Much of the land for the university came from the Brentwood estate, and one of the resident halls is built on the site of the original mansion. The Brentwood Park is one of the local attractions, offering softball and tennis. As a new seller's market begins to assert itself in the District of Columbia, Brentwood homes continue to offer opportunities for buyers and investors.
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The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on October 16th, 2018 at 9:04am EDT.