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Reply to "What's the smallest, most affordable, nicely located DC property I can buy that is NOT a condo. "
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[quote=Anonymous][quote=Anonymous]Genuinely confused why you wouldn’t want the ease of a condo in this situation? You’ll have fewer maintenance costs and headaches, it’s more secure for your kids when they stay and the fact that you’ll only be there a few nights a week. For 1m or under you can get a nice condo in neighborhoods you actually will want to be in for restaurants, etc. [/quote] Well, you will be paying a maintenance cost monthly in a condo…of course that amount depends upon how fancy the building (and may be worth it for a gym, pool, etc). You will still need to pay your own $$$s to replace appliances or upgrade an outdated condo and the big issue these days are getting hit with CapEx assessments by the building and rising condo fees. If you buy a 2BR Cap Hill rowhome with mostly hard scape and a tiny front walk, then it’s easy to have little ongoing maintenance (that you do yourself). Also, it’s likely to better retain/increase its value.[/quote]
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