Fabulous Dupont Circle for Under $500/SQFT

Stop and look! I just checked out recent price reductions in Dupont Circle. Below are two that stood out.

Chosen for Style:

- A very nice 2-bed/2 bath condo at 1735 New Hampshire St NW, just reduced to $585,000, from an original of $635,000. Sellers are willing to offer closing help. It is an older building that has been renovated. The unit has high ceilings, hardwood floors, fireplace, clean decor, S/S appliances, shared patio, and more. The lobby and hallways have some grace – not like living in a Ramada Inn. The price puts it at only $488/sqft, which is lower than average (see below.) The condo fee is $387/month. 

Chosen for Space and Light:

- A 2 bed/2 bath condo at 1280 21st St NW, #207,  with a new price tag of $524,900 after only a few days on the market (down from $549,000.) I usually go for the older buildings but the spaciousness and huge windows of this 1967 corner unit would make me think twice. It has 1,200 sqft, putting it at $437/sqft. Ooops – the condo fee is $837/month, so it’s not such a bargain after all. Maybe the roof deck is lined with precious metal.

- Note, there is another, smaller 2 bed/2 bath unit for sale in this building for $475,000. It was reduced in price from the original $550,000 a couple of weeks ago. The condo fee for that one is $699/month. 

By the way …

Median Condo Values Based on Last 6 Months (source: Redfin.com) 

Word of caution: Remember to check the financial situation of any building you are buying into (especially these days!!!)  If your building gets into financial difficulty and needs more capital for maintenance, it is YOU who will pay.  

More info:
> All condos for sale in Dupont Circle
> Dupont Circle Stats & Trends

Related posts:
> Dupont Sells Bloomingdale Swells?
> $50,000 Parking Spot

Cheers,
Allison

Photo by Voteprime, Creative Commons License