The Wren, at 965 Florida Avenue NW, will deliver 433 residential units later this year. 130 units will be affordable to households earning up to 30 and 50% of area median income and there will be 350 parking spaces. Amenities in the building include a two-story fitness center, rooftop pool, and landscaped “skywalk bridge.” JBG … Read More
Real Estate & Local News
4 Quick and Budget-Friendly Ways to Refresh Your Home
If you are preparing to sell your home, or simply in search of an efficient way to refresh your home’s aesthetic, here are a few quick, easy, and budget-friendly changes you can make: 1. Replace Your Hardware Swapping out your faucet, appliance, and door handle hardware can help to modernize the look of your home, … Read More
Details of a Plan to Transform Single-Family Zoning in MD
Vaughn Stewart, a Maryland House Delegate, formally introduced the Modest Home Choices Act of 2020 last Thursday, which would allow middle housing to be constructed on lots currently zoned single-family. The Act would amend the state code to facilitate construction of triplexes on residential-zoned lots that currently allow only detached, single-family homes. The census tracts … Read More
DC Rental Market Conditions
Harvard University’s Joint Center for Housing Studies released its latest Rental Housing report, detailing rental market conditions across the nation. The report found that it has become increasingly difficult for middle-income Americans to afford rent as much of the growth in demand since 2010 has been concentrated at the upper end of the market. New … Read More
DC Development News: February 2020
*Beztak and Foxhall Partners have filed a zoning application to add 40 studio apartments and more retail to the AdMo Heights development at 1773-1777 Columbia Road NW. The development currently has 80 units above retail and 31 parking spaces. The site is zoned MU-5A for medium-density mixed-use, and the developer plans to integrate the 40 … Read More
Deciding When to Downsize
Back in 1973, the average home was 1,660 square feet; today, that figure is about 2,600 square feet. There are many reasons people might choose to downsize their home: retirement, an empty nest, a move to the city, and many other life changes. The decision to downsize is very personal and depends on your goals, … Read More
Northern Virginia Estate Sells for Record-Breaking Price
The three-acre riverfront estate that was owned by the late AOL co-founder James V. Kimsey has sold for approximately $45 million, the Wall Street Journal reports. The transaction is the most expensive residential sale on record in the DC area. The record was formerly held by the sale of a nearby $43 million estate once … Read More
DC’s Top 10 Restaurants
After nearly a year’s worth of research, which included visits to over 300 local dining establishments, Washingtonian magazine has published its decisive ranking of the city’s very best 100 restaurants. Here are the 10 who made it to the very top tier of this exclusive list: 1) Anju 1805 18th Street NW 2) The Dabney … Read More
How Much Does Curb Appeal Affect Home Value?
The Journal of Real Estate Finance and Economics published a new study that used deep learning and Google Street View to quantify how much curb appeal adds to a home’s value. The researchers, from the University of Alabama and University of Texas at Arlington, found that, on average, a home with excellent curb appeal sold … Read More
Tips for First-Time Home Buyers
Buying your first home is both an exciting milestone and intimidating financial investment. With median home prices in DC hitting record highs, and inventory levels remaining low, navigating a home purchase for the first time can be overwhelming. Here are five tips for helping you tackle the home-buying process; and, as always, contact Carolyn today … Read More