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Reply to "First time homebuyer: lower-price condo or stretch for rowhouse in DC?"
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[quote=Anonymous]Looking to buy first place in NW DC. Currently rent a 1 BDR, and partner and I want to start family soon. We’d been wanting to buy a rowhouse but it’s been so competitive lately. Condos are having a tough time selling now, so possible to get an equivalent square footage as a house for less money (assuming HOA fees are reasonable). We can pay up to 850k or so for a house. The question is: would you buy a condo for up to 750k (2 bed/2 bath) now or try to get a house for 850k? We’d do public school when the time comes and we hate moving, so ideally we’d stay as long as possible in these places (so the condo would be tight if our eventual plan to have 2 kids comes to fruition.) My preference was a house but we’ve lost multiple offers now, and I’m worried we’re priced out. [/quote]
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