sub 150k homes? Where to find them these days? (Clinton: real estate, apartment)

[scorch666]

Just few years ago you could find homes for less than 150k that needed some work. But now im finding them harder and harder to find.

Is temple hills and Capitol heights the only places left in the DC metro area?

[EdwardA]

Hard pressed in Temple Hills these days unless it's a townhome. PG county has made a nice rebound. Still cheaper than rest of metro but those that bought in the last few years have seen gains.

[MrRational]

Originally Posted by scorch666

Just few years ago you could find homes for less than 150k that needed some work.

They needed more work than the buyers planned for.

But now I'm finding them harder and harder to find.

No doubt.

[North Beach Person]

There are still a very few beach cottages here in that range. But, they're small in relation to what's being built new and in many cases need work. Some would be totally unacceptable for the expectations many buyers today have.

[williams.bola]

I've seen a few in Brandywine but the homes were smaller homes, 1000 sqft and below, you can also look in the Accokeek, Clinton, and Fort Washington area's.

[scorch666]

The prices have gone up quite a bit, and i wonder if most of the d.c. area is due for another bubble to burst. They are almost at the same levels are before.

[EdwardA]

Originally Posted by scorch666

The prices have gone up quite a bit, and i wonder if most of the d.c. area is due for another bubble to burst. They are almost at the same levels are before.

I think in terms of PG the prices dropped so low that they were just too hard to ignore. You're also seeing significant price increases in Anacostia, Deanwood and Congress Heights in DC. I remember seeing condos that couldn't be given away in Congress Heights a few years ago that are now fetching $150+. So you have an apartment, within reasonable distance to Metro and you're monthly nut is about $1300-1500.


It'll be interesting to see if Trump's coolness to federal workers has an impact on the region overall. My guess is if we are in a bubble it won't burst first in places like PG or PWC as it did during the Housing Collapse but in core areas like NW DC, Alexandria etc.

[scorch666]

I remember looking at some houses in deanwood 2 years ago. one wa 60k and another 110k. Congress Heights, Capitol Heights seem like reasonable investments. I guess anything close a metro like you said is great.

The real estate in DC and Alexandria is indeed insane. I wouldnt mind fetching a few properties if a bubble did happen. But when federal employees and contractors make six figures i dont see that happening unless their income drops significantly.