Reply to First time homebuyer: lower-price condo or stretch for rowhouse in DC?

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Reply to "First time homebuyer: lower-price condo or stretch for rowhouse in DC?"

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[quote=Anonymous]We stretched for our first purchase - a row house in NW (with an eye on starting a family). We were looking between close-in NoVa and NW DC. But we never really liked the townhouse communities in NoVa - even though places were a bit cheaper (but not that much).

The only problem, everyone else seemed to have the same idea. We got into a half dozen bidding wars; continually losing. But we eventually got a place in Wilson High catchment area so we wouldn't worry about schools. (the differences are TINY between all the elementary schools in the area)

It was worth it in every sense. We spent about 25% more than a similar condo. Now we do share walls, but haven't had issues with sound or neighbors. We don't have a HOA, but do keep in mind that fixer uppers to require either time or money. With COVID, I've been doing more of the minor fixes, but these costs can add up. Pre-covid, between either capital costs (new fridge/water heater/etc) and minor stuff (gutter cleaning, etc) - we were spending about 5K/year.[/quote]

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