Why Condos in DC Make the Perfect Secondary Residence

April 8, 2024 | Buying a Home | By: The Goodhart Group

Are you considering investing in a secondary residence in the vibrant city of Washington, DC? If so, condos may be the ideal choice for you. Condos in DC offer a range of advantages that make them perfect for a secondary home. DC is a vibrant and bustling city, so owning a second home here gives you access to culture, history, amazing food, and much more all at your fingertips. Read on for why condos in DC make for the perfect secondary residence.

Less Maintenance:

One of the most appealing aspects of owning a condo as a secondary residence is the reduced maintenance compared to a single-family home. Condo associations typically take care of exterior maintenance, landscaping, and common areas, allowing you to enjoy your time in DC without worrying about property upkeep. This is especially convenient for those who split their time between multiple residences and want to minimize the time and effort spent on maintenance. Lock up and head out to explore the city rather than worrying about up-keep. Then head out of town to your other residence without a care in the world, knowing that your property will be well maintained.

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Easier to Pick Up and Leave:

Condos are also well-suited for individuals who need a residence that is easy to pick up and leave. Whether you’re a frequent traveler, a busy professional, or simply enjoy the flexibility of being able to come and go as you please, condos provide a lock-and-leave lifestyle. You can feel secure knowing that your property is well-maintained and secure when you’re away, allowing you to make the most of your time in DC without being tied down by extensive property responsibilities. DC is a central world hub. You can easily fly in and out of Reagan or Dulles in a jiff and with a condo here you won’t have to worry about a thing while you’re away. 

Amenities and Community:

Many condos in DC offer a wide range of amenities, such as fitness centers, swimming pools, concierge services, and communal spaces. This not only enhances your living experience when you’re in the city but also makes it an attractive option for potential renters if you choose to generate income from your secondary residence. Additionally, the sense of community within condo buildings can provide a welcoming and social environment for those who value connection and camaraderie.

Prime Locations:

DC is a city known for its diverse neighborhoods and vibrant culture. Condos are often found in prime locations, offering easy access to the city’s attractions, dining, shopping, and entertainment. Whether you prefer the historic charm of Georgetown, the bustling energy of Dupont Circle, or the waterfront allure of The Wharf, condos in DC provide the opportunity to immerse yourself in the city’s dynamic lifestyle.

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Investment Potential:

From a financial perspective, condos can offer strong investment potential as a secondary residence. Some condo associations will allow you to rent out your apartment (typically must be for 6 months or longer), so this gives you the opportunity to generate rental income and potentially offset the costs of ownership. Additionally, the appreciation of real estate in DC makes condos an attractive long-term investment, providing both personal enjoyment and potential financial gain.

The Bottom Line

Condos in Washington, DC, are an excellent choice for those seeking a secondary residence. With benefits such as reduced maintenance, ease of lock-and-leave, desirable amenities, prime locations, and investment potential, condos offer a compelling lifestyle and financial opportunity. Whether you’re seeking a part-time home, a rental property, or a vacation getaway, consider the advantages that condos in DC have to offer.

Do you have questions about the local condo market? Get in touch today! Call us directly 703-362-3221, email us at sue@thegoodhartgroup.com or allison@thegoodhartgroup.com.


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