Washington, DC Foreclosed Homes

Buying Foreclosure Homes in Washington, DC: What You Need to Know

Washington, DC was founded in 1791and is the capital of the USA. This unique city stands alone as a district, not a state. Washington is rich in history, with events such as the adoption of the Emancipation Proclamation (1862), The Civil Rights Movement (1960), and the Home Rule Act (1973), all occurring within the city. 

Architecture around Washington is just as diverse as its residents. Building structures depict influences from ancient Egypt, Greece and Rome, medieval Europe, and from France in the 19th century. Washington DC is also the birthplace of many celebrities, like Marvin Gaye, Kevin Durant, and Al Gore.

The Cost of Living in Washington, DC

If you’re planning to purchase a DC foreclosure home, you should take the cost of living into consideration. Washington, DC is an expensive city to live in—with almost every expense being higher than the national average.

You can expect your monthly utility bill to be around  $123.12 per month. A monthly Metrorail SmarTrip pass can range from $72 - $216, while vehicle registration fees are $72-$155 annually.

Foreclosure Homes in DC: A City of Diverse Architecture

There are four common housing types in Washington, DC.  

  • French-inspired styles define Beaux-Arts architecture.
  • The Bungalow style has a low-pitched roof and is often a one-story home with a covered veranda in the front or a back porch.
  • Row houses are constructed in many different architectural styles and can include several levels.
  • Tudor style homes have a European feel to them. These are easily recognized by their asymmetry, pointed roofs, and elaborate masonry.

Some of the newer housing developments include City Ridge, Eckington Yard, and The Gantry.  

A Historic City Rich With Culture

The Smithsonian Museums consists of 17 museums and galleries, each with its own theme. They include the National Zoo, the National Museum of African Art, the National Air and Space Museum, and the National Museum of American History. These museums are a top-tourist destination year-round and a favorite of the locals.   

Washington is also home to the National Mall, America’s most visited park which is rich with culture, history, and many diverse sites. The mall is home to attractions like the Washington Monument—a staggering 555-foot tall iconic symbol.

Festivals are also popular around the city. The National Cherry Blossom Festival takes place in early Spring and attracts more than 1.5 million visitors every year. In May, there is a month-long festival called the Passport DC, which pays tribute to the international culture in DC.  A highlight of the summer, the DC Jazz Festival that celebrates all things Jazz, bringing popular artists from all over the world come to perform at venues around the city.