Buying first home in Northern Virginia/DC/Maryland area

[Dev Paul]

I'm looking to buy a home in Northern Virginia or one of the better Maryland counties. Budget is max 425k, with a monthly mortgage payment, property taxes, insurance and HOA fees (if applicable) not exceeding 1800-2000 per month. Down payment 15-20%. Ideally looking for a new construction and in desirable/clean area for future rental potential. An extra room with separate entrance or a basement with bathroom will be really desirable. I believe SFH will be not possible in this budget, but perhaps a decent townhouse could work. I generally dont like condos for exorbitant HOA fees, but if there is a big condo with less than 250 hoa fees, i can consider that as well. Any suggestions on areas, towns, counties will be much appreciated. Any opinion or pointers on home construction companies such as Ryan homes, Miller and Smith etc?

[Chris Seveney]

@Dev Paul

The only way you are getting to dc in 45 min from Frederick county is if there is a pandemic or via helicopter.

If you work normal business hours where in dc also is a major factor.

I live in nova and can get on 495 or 395 in under 5 minutes and are 8 miles from DC and my wife works in DuPont and she leaves at 7 am and takes her close to 45 min and an hour at night. Chantilly will be a hike. She does 395 but if your doing 66 I call 666 because that is hell and I don’t wish that commute upon anyone.

You won’t find new construction for that price but can find townhomes one some areas of Annandale, Alexandria (ffx county) that could meet your budget. We live near pine crest which is a large townhouse community that fits your budget.

As Russell mentioned silver spring in md be a good location as well. Russell knows knows his stuff in this area so listen to him.