Last week, the real estate blog Curbed released several lists of the 10 least expensive residential properties on the market in various DC neighborhoods.
Our own Logan Circle neighborhood was featured and the properties range from a 411-square-foot studio apartment for $210,000 to a 1,170-square-foot 2-bedroom for $424,900. The price per square foot ranges from $363 to $679.
Is it time for you to buy?
One question worth pondering: Will all of the new rental and condo buildings in line for development across the next one to three years in the area (think 14th Street corridor) bring down prices? Or will the increasing supply simply help keep with demand as more people want to live in walkable neighborhoods with stores and amenities close by?
See The Ten Least Expensive Properties In Logan Circle (Curbed),
From Tom Hay
Are you thinking of putting your house or condo on the market but don’t know what it is worth? Never fear, HGTV is back!
This time the cable channel is searching the DC Metro area for guest stars for their popular Real Estate Intervention show. The show features real estate expert Mike Aubrey who guides homeowners through the difficult task of pricing their home for quick sale. Considering the real estate mania of the past decade in the Logan Circle-U Street-Shaw area, there ought to be a least a few Borderstan readers who apply.
Aubrey and the guest homeowners typically tour comparable homes in the neighborhood to help set the price. This season will also feature Sabrina Soto, star of Get It Sold and style spokesperson for Target, who will help with staging the home for a quick sale.
So whether you are selling to unlock some of that equity, or moving up to bigger quarters, consider appying for Real Estate Intervention. Inquiries may be sent to [email protected] Please include the following information, as emails missing this information will not be considered:
- Names and ages of people in your household
- Address and phone number(s)
- How long your home has been on the market
- Pricing history
- Photos of you and your family
- A photo of your home’s exterior
- Photos of your home’s interior
- Your reasons for selling
A couple of months ago Borderstan reported on HGTV’s search for their My First Sale program.
From Tom Hay
The producers of HGTV’s My First Sale are looking for first-time home sellers in the DC area for the series. The show’s rep said they are looking for “fun, motivated, high-energy people who are willing to share their first home sale experience on camera.” Taping is scheduled to begin “soon” and continue through winter of this year.
Interested reality-show stars will be required to share the process of selling their first home–from working with a realtor, prepping for the sale, negotiating and then sealing the deal. Applicants would need to fill out a questionnaire, disclosure and also be willing to share financial details of the sale with the HGTV audience.
This looks like a great opportunity for a Borderstan resident, particularly some of the owners who purchased houses east of 14th Street in the 1990s, to show a nationwide audience what a great long-term investment our neighborhood has been. Commercial development along P and 14th Streets in the last 10 years has finally bridged the gap to Dupont Circle, driven up prices in Logan Circle, and created a mountain of home equity for many first time buyers from the 1990s–if you are a homeowner, take our reader poll below.
For more information or an application contact Sami Hartman HGTV’s My First Sale at [email protected] or 303-712-3137.
<br /> <a href=”http://polldaddy.com/poll/3318547/”>For homeowners: When did you buy?</a></p> <p><span style=”font:9px;”>(<a href=”http://www.polldaddy.com”>polls</a>)</span><br />