September 21, 2008

Size Matters: SQFT Deals in Cleveland Park, Kent, Mount Pleasant, Columbia Heights

In real estate it is hard to say what a “deal” is because buying a house is a subjective exercise. One way to look at it, however, is in the pure and cold dollars-per-square-foot aspect.

welcomemat Size Matters: SQFT Deals in Cleveland Park, Kent, Mount Pleasant, Columbia Heights

Among the open house listings today, I found a few houses where the $/sqft price was quite a bit lower than the median for the neighborhood. Two are self-declared fixer-uppers, one doesn’t specify and one is newly renovated.

Remember that most house listings in DC do not give a square foot number (the condos do.) These picks are from the houses that did list their actual size.

Mount Pleasant:

1650 Park Rd NW$829,900 – 6 bed/3.5 bath semi-detached Victorian. This is a HUGE house built in 1907, with many period details like pocket doors and high ceilings. Over 5,000 sqft including a 2-bedroom income unit, giving it an overall very low $158/sqft. The median value for this area is about $250/sqft. Open today from 2-4.

Columbia Heights:

521 Rock Creek Church Rd NW$629,900 REDUCED & RENOVATED - 4 bed/3.5 bath Spanish colonial semi-detached home built in 1910. This is a restored house and when I saw the pictures I actually said “Wow, neat house” aloud to myself. With over 3,400 sqft, it is only $185/sqft. The median value for this area is about $250/sqft. Open today from 1-4.

Cleveland Park:

3127 Newark St NW$949,000 – 4 bed/2.5 bath semi-detached Victorian. This is a great property but a fixer-upper, on a famous street that normally commands very, very high prices. The listing says the house has 4,000 sqft, giving it a price of $237/sqft. The median in this neighborhood is well over $400/sqft. Built in 1900. Open today from 1-4.

Kent:

4910 Klingle St NW$759,000 – 4 bed/3bath rambler with above-grade lower level. This fixer-upper is on a corner lot and quiet street. It has 2,800 sqft, putting it at a very low $271/sqft in an area where the median is over $500/sqft. Beat that! Open today from 1-4:30.

Cheers,
Allison

Photo: McClouds


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