Fort Washington, MD Homes For Sale
With a terrific location along the Potomac River in Maryland, Fort Washington offers plenty of value with its homes for sale. Spread out over nearly 17 square miles, this rectangular-shaped town hugs the coastal coves and inlets, and extends inland to the community of Clinton. Properties run the gamut from quaint cottages to estate overlooking the water, with prices that are much lower than you would expect.
Fort Washington gets its name from the military installation constructed back in 1809 as the last line of defense for the nation’s capital. But after being overrun by the British during the War of 1812, it was abandoned and destroyed by U.S. troops. It was later rebuilt and served the nation for many years before becoming a national park and popular tourist attraction.
As for homes for sale, you’ll find an intriguing combination of old and new, although the lion’s share of development occurred during a post-WWII construction boom. And, the expansion is ongoing with custom homes being built at highly affordable rates. A case in point is a series of new four bedroom homes for sale from Stonegate Estates, listing between $375,000 and $400,000. For more information about Fort Washington, MD homes for sale, give us a call today!
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More About the Fort Washington Real Estate Market
If those numbers seem like convenient cherry-picking, look again. As you browse homes for sale in the area it will quickly become apparent that while million dollar and high-six figures properties do exist, the majority of upscale listings actually fall into a much lower price range. Detached single-family houses start around $100,000, climbing gradually with a surprisingly large inventory. Also, about 10 percent of all properties are townhouse condos for sale.
Why are Fort Washington, MD homes so affordable, especially considering the proximity to the Potomac River? It’s a story you’ll hear time and again. Prince George’s County was hit hard by the real estate downturn of the mid-2000s. At the same time, the region had been going through a robust building boom. That’s like two opposite weather fronts colliding and the result has been a windfall for buyers.
So that’s Fort Washington—a charming Washington Metro community with a waterfront location, lots of undeveloped green space and a large selection of undervalued homes and condos for sale. From Ramblers to stately antique manors and everything in-between, this is a bargain-hunter’s dream.
