According to a recent article in Urban Turf. A study on the rise in home prices in Capitol Hill demonstrates how this community with wide streets, community parks, access to I395/I695/I295, Metro, RFK Stadium, the Capitol Building and don’t forget Eastern Market has significantly increased in demand. The article states that from 2008 to 2015 two bedroom condos and row home prices increased 20% to the $541k-$650k range, three bedrooms rose 37% to approximately $900k and four bedroom home prices rose 30% over that same period of time hitting the $1,000,000 mark.
From my perspective this demonstrates the high demand to live in this vibrant community that is constantly changing and providing a sound investment for prospective buyers. It presents a blend of families, young professionals, long time residents and a diverse eclectic vibe. People who live here take care and take pride in their community.
So when I listed this one bedroom, one bath condo located in a boutique condominium building at 1621 East Capitol Street SE in Capitol Hill, no wonder droves of people who live or want to live on the Hill are coming through.to consider this small investment just to get a piece of the Hill. After all one bedroom, one bath condos in Capitol Hill are hard to come by.
Listed at $365,000 and renovated less than three years ago, it offers a spacious open floor plan with upgraded amenities and definitely won’t be on the market long. Renters, Investors and Down Sizers should come through the OPEN HOUSE this Sunday, March 6 from 1PM-4PM.
Don’t take my word for what’s happening on the Hill. Read the Urban Turf article and view the gallery of photos that this community and more importantly this condo offers. For a private viewing call me at 202-823-9313.