Anacostia Real Estate, Washington DC
Yes, there are still homes for sale in Washington, DC, with low prices, a proximity to a major body of water and retro-chic Craftsman styles. Anacostia may be on the other side of the river by the same name, but it has been attracting socially conscious urban hipster buyers in droves. So much so that the inventory is way down. Yet, if you’re willing to dig a little, you can still find some incredible deals here.
What kinds of deals? Try row houses, charming bungalows and Art Deco apartment buildings that have converted to perfect Washington DC condos for sale, ranging from the high-five figure to mid-six figure range. In fact, there have been recent short sales here where single-family homes have actually closed for under $100,000. For more information about Anacostia real estate for sale or other Washington DC real estate opportunities, give District Partners at Compass a call today at (202) 798-3600.
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Anacostia Neighborhood Information
To put this into better perspective, a little history is in order. Anacostia was developed in the mid-1800s as “Uniontown”—a blue collar suburb geared toward workers who were employed on the other side of the river at the Navy Yard—once the military’s largest shipbuilding facility. Residences tended to be modest—wood-framed bungalows and Italianate-styles, along with a few larger Queen Anne homes, brick row houses and low-rise apartment buildings.
In time, the blue-collar community took on the name of its adjacent river. Time also brought changes to the shipyard which switched to the manufacture of armaments and gradually rolled back those operations altogether—downsizing into administrative offices. By then, the river had become fouled with industrial pollution and the surrounding area on both sides had fallen into decline and decay.
More About Today's Anacostia Community in Washington DC
In more recent years, the Navy Yard has gone through a massive revitalization process, including a Superfund river cleanup and lots of upscale commercial development. As for Anacostia itself, a transformative process has been slower, but is evident nonetheless. A lot of the underpriced Craftsman cottage fixer-uppers have been snapped up and the downtown Historic District features numerous renovated storefronts. New developments include the announcement that a Busboys and Poets will soon be opening on Martin Luther King, Jr. Avenue SE.
A Closer Look at Real Estate in Anacostia
Homes and condos for sale in Anacostia may not be as plentiful as in recent years but the prices are still incredibly competitive—especially if you’re willing to roll up your sleeves and rehab one of the remaining foreclosure listings. And for those looking to move into an already-renovated home, you’ll still spend considerably less than you would on the other side of the river.
