Capitol Heights, MD Homes For Sale
The little town of Capitol Heights, Maryland offers some of the very best deals on affordable homes for sale in all of Washington Metro. Plus, it's also very convenient to the nation's capital itself. Sure you say—there's all sorts of stories about really inexpensive properties. But how does it translate to real dollars and cents? Put it this way, would single-family bungalows in the $100,000 range be interesting?
Located in Prince George's County, this small community abuts Southern Avenue which is a boundary line between Maryland and Washington, DC. Considering the population of about 4, 337 residents, it is somewhat remarkable that the inventory of homes and condos for sale is so large, and also so affordable. So why is this so? To be blunt, this is a town that has gone through some depressed times and the so-called gentrification trend is still in its early stages here. And that means opportunities for real estate buyers.
In 1904, Otway Zantzinger realized that DC residents were beginning to move toward the outskirts. The developer promptly purchased 400 acres of hilly land across the Maryland border and divided it into 1,000 lots. But promised basic services were slow to arrive and the fledgling community stalled in its progress. Capitol Heights did develop over time, but the 1970s ushered in an era of economic decline. Most recently, a revitalization process has begun, including some intriguing new row house condos for sale. For more information about Capitol Heights homes for sale, give us a call today!
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More About the Capitol Heights Real Estate Market
Capitol Heights homes for sale start in the low $100s for both detached single-family residences and condos. At the low end of the scale are Ramblers, Split-levels and simple cottages, as well as various condos from low-rises to townhouses.
Climbing gradually, you can find some real gems—such as Craftsman-style bungalows in the low six figures and some truly interesting condos for sale, including the brand-new Brighton Place development which offers three-level row house-style townhouses with chef's kitchens and other luxury amenities. List prices for these new townhouses have been starting at around $300,000. Top end prices are about $450,000 for large custom-built homes.
This interesting community offers a diverse range of locally owned coffee shops, bars and restaurants, with seafood, Caribbean, BBQ and veggie soul food! There are also independent bookstores and other mom and pop businesses, along with parks and recreation. Plus, the Capitol Heights Metro B-line and Capital Beltway offer easy ways into DC. This is a community on the upswing.