This is a special Free Home Buyer Workshop for those who want to buy a condo or home in Petworth. Our Workshops are the first step in a smart and strategic pathway to condo or row home ownership in Petworth and other NW neighborhoods.
The average price for homes sold currently in Petworth to buyers has been $605,561 in 2016. This is up from $560,051 in 2015. The condominium market specifically for Petworth shows average sold prices of $593,814 in 2016 vs. $544,799 in 2015. Single family home prices have been $687,791 for the year, down slightly from an average $691,831 in 2015.
“The entry level condo market in Petworth is expensive, with sold properties on an almost $50,000 price increase from last year,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “There are still deals to be had in the one bedroom sector if you are a prepared buyer and ready to pull the trigger. This Workshop is for those who want to escape Petworth high prices as well. Our agents routinely talk people into ‘alternative neighborhood options’ that are still in upper Northwest, and a fair number of our attendees regularly convert into Northeast homeowners.”
UrbanLand Company Free Home Buyer Workshops are available twice weekly for local home shoppers who want to understand and navigate the pathway to ownership in the DC/MD/VA marketplace. On Tuesday nights at 5:30pm and Saturday mornings at 10am, our first time buyer team is available at 913 Florida Ave. NW to answer your questions about home buying!
Ask us about:
- Down payment options available (from traditional 20% down loans to low down payment to 100% financing programs)
- Understanding how down payments & loan options affect monthly mortgage payment amounts
- Mortgage Pre-Qualification + understanding your true purchasing power & affordability
- How to shop smart in the marketplace (agent-directed search + using our mobile app)
- Buying new construction vs. resale vs. investment properties
- What to expect from your real estate agent
Workshops are currently held at our offices at 913 Florida Avenue, NW in Shaw right off the U Street/Cardozo/African American Civil War Memorial METRO. Attendance is always free. “Our guidance and advice is free of charge. We are real estate agents – our time and expertise is available to you free of charge until you actually successfully buy a home or condo! Come on by & bring a friend!”
Attendees of our Buyer Workshops have successfully purchased over $41 million of DC/MD properties since 2014. Here’s a few of the condos & homes we helped Workshop attendees purchase. Check it out!