Forum Index
»
Off-Topic
Woodley Park Real Estate
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
NewMom07
Member Offline
Member Offline
|
Hi all,
Is it possible to get into the Oyster school district for $800K or less? There's nothing on the market right now, but I'm just wondering if it's even possible. |
Anonymous
| condos yes houses no. |
Anonymous
Anonymous
| We did it with a condo. Many do. |
Anonymous
| It will be possible soon - but there are not currently many listings at that price. Woodley and Cleveland are unlikely to be hit as hard by the market correction in RE prices due to their proximity to the metro and the city center. However, the phenomenon of seller denial is beginning to crash in close by neighborhoods like Mount Pleasant and some others, and major price declines are being seen there now. Homes bought and flipped by developers are also being put on the market at very adjusted prices, even in Woodley Park. There just aren't very many of them. |
Anonymous
| Need to stick up for my neighborhood here, though I'm not selling. Mount Pleasant has inherent weaknesses like distance from Metro, limited walkability, shopping and restaurants, relatively high crime, and relatively modest housing stock. Woodley Park and the portion of Adams Morgan within the Oyster boundary have a different fundamental situation. I'm not going to concur with PP's doom and gloom re. fantastic price decreases. |
Anonymous
| You can get a nice condo for that and possibly something in the sliver of Adams Morgan in boundary, but not a house unless an "old lady house" needing tons of repair becomes available. The cheapest rowhouse that's sold in the past year was $835,000 and sold in one week quite recently, after the market had gone to crap and before stimulus had passed. Woodley zip code has seen only a 3% drop in the past year, and that's been entirely among the $1.5M+ homes that just don't move without an incentive (though a gigantic one on Cathedral that was listed at $1.9M sold in a week very recently). The Wardman homes have been rock solid. But get a realtor who specializes in the neighborhood and have him/her beat the bushes for an old lady house or a condo that lives like a home. It's worth it. This is a great neighborhood with a great school. If you can go to about $835, jump on the next rowhouse that comes on the market. You won't regret it. |
Anonymous
| The in-boundary Adams Morgan row houses are not any less expensive than the ones in Woodley Park. A spacious and gracious condo/ co-op, of which there will be more on the Adams Morgan side, sounds like OP's best option. |
NewMom07
Member Offline
Member Offline
| Hello there. OP here. The only thing about those condos/co-ops are the ridiculous fees. Does anyone here live in a condo/co-op/rowhouse with kids? |
Anonymous
|
I live in a co-op with kids. There are two other Oyster families in my building of 16 units. At Oyster, you'll find many families who choose the neighborhood and school over excess space. It's really a classic urban choice that just hasn't been popular in DC. We pay a lot in fees because our reserves need to be high to maintain a 100 year-old building well. On the other hand, the fees cover a lot of expenses we don't other have to deal with, including property taxes. It works out in the wash.
Not sure why you're concerned about living in rowhouses with kids. Most of the ones in the Oyster boundary are pretty spacious, especially the ones built before the 1920s on the Kalorama Triangle/ Adams Morgan side. If you're worried about outdoor space, I'll say that most row houses and even apartment buildings have a little bit of outdoor and rooftop space, but we enjoy the local parks and playgrounds. |
Anonymous
Second what the prior poster said about co-ops: they can be a great way to live. In Woodley, you get a whole lot of public space that's "yours" to use, so a smaller dwelling isn't bad. There are some lovely condominiums in the neighborhood with lots of space and light, and the fees vary. The fees get you good stuff-- insurance, taxes, maintenance, sometimes gardening, doorman. As for rowhouses-- these are plenty big for children, but they are also $835k+ in Woodley, even now. If you can afford it, you'll love it in a rowhouse. But the condos and co-ops are really good options too. |
Anonymous
|
For any looking to move into the Woodley (Oyster Elementary) area soon, we will be selling our home at 2807 27th St, which is across the street from Aidan Montessori and in-boundary for Oyster Elementary, this spring. It is a 3 bedroom, 2.5 bath house and the neighborhood is fabulous with lots of young kids. We plan to sign with an (already identified) agent soon, but wanted to get the word out in case people were making spring moving plans and had any questions.
Thanks! nataliaep@yahoo.com |
Anonymous
| could someone explain what the fees for and how much they are for the condo buildings in woodley park? thanks |
Anonymous
|
I am in a condo in Woodley Park, with one child (and possibly a second child soon). For a large two-bedroom, our fees are about $450 a month. Annoyingly, that does not include much - a maintenance man, heat, water trash, but it allows us to have reserves so that we don't have special assessments for things like boiler repair, roof repair etc.
We've been happy in a condo - we have a park less than a block away so we don't miss having outdoor space, plus units in our building are remarkably cheap for the neighborhood. But they sell FAST, think one week or less on the market. |
Anonymous
| Thanks PP, that's helpful. We are looking into the possibility of moving closer to central DC to reduce the commute and have a toddler-quality of school is important. As we look to trade up from our current house approximately five years from now, Woodley Park seems very appealing. I would like to know more about the schools. |