Open House Blog > The Real Estate Market
How Much Is That House?
House prices went up fast, then came back down. Here’s a look at what houses cost now.
What $500,000 buys in … DC’s Mount Vernon Square
List price: $490,000
Bathrooms:One full, one half
Interior:954 square feet
Date built: 2008
Condo fee: $517
Distance to the White House: 2 miles
At Fourth Street and New York Avenue, Northwest, Yale Steam Laundry Condominiums is made up of a restored 1902 commercial laundry facility and an adjoining new high-rise. A two-story loft almost identical to the model shown here (which already sold) is one of 16 units in the historic building. It comes with the laundry’s original glazed brick plus ceilings up to 20 feet high, hardwood floors, and an open kitchen. The building has a fitness center, a billiard room, and a rooftop deck with a pool. A space in the underground garage goes for $37,000.
Click here to browse pictures and descriptions of five other $500,000 homes around Washington. Plus, what can you get for $1 million in Potomac or Arlington? And what does $2 million get you in Clifton?