Pros And Cons Of DC Real Estate

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During election seasons, someone who didn't know any better would think that the only DC real estate that is ever available or worth getting into is at 1600 Pennsylvania Avenue. Talk to sports fans in the area and they will tell you that the hot new DC real estate is the new Nationals Park in the Southeast section of the city. But the overall reality is that there's a whole lot more to DC real estate than simply historic and cultural centers and tourist destinations.

Whether you're visiting the Washington, DC area or you already live in the metro DC area, chances are good that you have a sense that DC real estate has a lot to offer. You can't ride the Metro without seeing dozens of advertisements announcing the construction of new condominium …show more content…

While Capitol Hill might be the ideal location for lawmakers, it may not make a great home. While you may work in Dupont Circle, you might find that living in that area isn't something that you're interested in. Likewise, Adams Morgan, Mt. Pleasant and the U Street Corridor are great locations for some buyers but not for others.

Once you've started to narrow down your options when it comes to buying DC real estate, you're going to want to start looking at what type of home you're interested in. For some, it's a single family home or nothing; others are looking for a unit in a cooperative property or a condo or townhouse. In some cases, you're going to be looking for a home with just one bedroom - a condo where you can live during the week to avoid a hectic commute for example; in others, those looking to buy DC real estate are going to be interested in having 3 or more bedrooms.

Just like in any other market, DC real estate is as much about what you want in a home as what you need in a home. For some, living close to public transportation is essential, for others it's merely desirable. It's important, therefore, before you even start talking with an agent about DC real estate that you have a sense of just what it is that you're looking