Washington DC Neighborhood Map: Where to Buy In 2022

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Washington DC is an area within the US that is rife with history and culture.

Neighborhoods in Washington DC vary from up-and-coming to popular and expensive. Although it might seem overwhelming, it’s not as hard as you might think to find the best places to buy this year.

We’ve compiled a guide about the best locations in the area to consider when purchasing a home in DC. Let’s take a brief look at our Washington DC neighborhood map.

Washington DC Neighborhood Map: Where to Buy In 2022 3

Georgetown

The historic and upscale Georgetown neighborhood has some of the most expensive real estate in the nation. As such, it is home to many designer boutiques and high-end restaurants.

Most homes sit along picturesque waterways, such as the Potomac River which is lined with several gorgeous waterfront mansions and estates. Streets here are narrow, winding, and often made from cobblestone. This helps give Georgetown an antiquated feel.

This area also experiences heavy traffic congestion due to its close proximity to downtown while having very few options for public transportation beyond buses or cabs/Uber/Lyft.

Columbia Heights

Columbia Heights is on the rise as an up-and-coming area. Rents are affordable compared to other more established areas, and there is plenty of transportation nearby.

Neighborhood amenities include several parks, multiple planned commercial plazas, grocery stores, boutiques, and restaurants. It’s a great place for those who are looking for a home in a more relaxed part of Washington DC.

Dupont Circle

DuPont Circle prices have risen quickly over the past few years as homebuyers seek out this highly walkable location just south of Embassy Row. It offers easy access to public transportation systems like the DC Circulator and Metro station, making a commute to work a nonissue.

Upper Northwest

Upper Northwest boasts beautiful turn-of-the-century homes that have been preserved and renovated over time.

While there aren’t many commercial business options in this area, residents can walk or bike to several nearby cafes and restaurants thanks to a large amount of green space near Potomac Park and Rock Creek Park.

Columbia Heights West

Columbia Heights West offers easy access to multiple bus lines and the Columbia Heights Metro station. This up-and-coming neighborhood is rich with arts, culture, and vibrant nightlife options.

Housing options range from small starter homes to larger luxury properties. This area is great for families of all sizes.

Mount Pleasant

There are several commercial corridors in the area as well as popular annual festivals like the Taste of DC, Adams Morgan Day Festival, and Columbia Heights Day Festival. This area also includes many historic landmarks such as Fort Stevens and Rock Creek Tennis Center.

It has a quiet suburban atmosphere that many people seek when moving to DC.

Columbia Heights

Columbia Heights offers new luxury homes at extremely affordable prices that can’t be beaten. You’ll find new construction along with historic craftsman-style homes tucked away on quiet streets just blocks from public transportation.

Most people in Columbia Heights likely moved therefore the beauty and tranquility.

Navy Yard

The Navy Yard is a neighborhood known for its newly built luxury properties. It also has plenty of history associated with it. In fact, the Navy Yard is the Navy’s oldest shore establishment.

It features several shopping plazas, historic homes, public tennis courts, and the Navy-Marine Corps Memorial Stadium.

This area has become extremely popular in recent years thanks to all of the new apartment buildings. It also has an expanding shopping district that is home to plenty of high-end brands that buyers can enjoy. So, consider this area for your home if you don’t mind a bit more hustle and bustle compared to some of the other areas on this list.

Ballston-MU

People looking for more affordable housing options might choose Ballston or even farther out beyond West Falls Church where homes can be as much as 60% less expensive than areas like Reston Town Center or McLean.

This area offers an easy commute via car on I-66 or I-395 along with regular bus service and the Metrorail Orange Line in nearby Clarendon.

Columbia Pike

Columbia Pike is a neighborhood in Arlington with a developing restaurant scene and shops along Lee Highway. It also has easy access to major highways, I-395 and Route 50 as well as Washington D.C. itself. Over time, Columbia Pike will likely prove to be one of the best areas to own a home.

This is to to the fact that real estate will increase in value as the area develops. Although not everybody is concerned with this, it’s a great option for those who are looking to eventually upgrade their home. Additionally, it’s not quite as expensive at the moment as other areas of Washington DC are.

Springfield

Springfield has recently seen a surge in the number of new apartment buildings, homes, and shopping centers. This is a safe area with easy access to major highways including I-95 and Route 7. Keep this information in mind when moving forward. It will help you make the decision that is best for you.

This Washington Dc Neighborhood Map Can Be Invaluable

When it comes to purchasing residential real estate in this area, it can help you find the best houses in Washington DC. So, be sure that you consider this Washington DC neighborhood map when looking for property.

Want to learn more about what we have to offer? Feel free to get in touch with us at Nomadic Real Estate today to discuss your residential real estate needs.

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Enhanced Reporting

Your portal includes a selection of extremely useful reports. Reports are available in the “Reports” section, and are distinct from the financial statements. Unlike financial statements which are static records, Reports are dynamic real-time records that will update with current data every time you view them. 

Scroll down to learn more about Reports:

Navigate to the "Reports" module in your portal:

  • Keep in mind, these reports are dynamic records. They will refresh to display current information every time you view them. 

Enhanced Rent Roll Report:

  • The Enhanced Rent Roll Report will show the rent amount, last payment date, move-in date, lease expiration date, and security deposit amount for each of your tenants. 
  • It will also show a portfolio summary with occupancy percentage, vacancy loss, and more!

Unit Comparison Report:

  • If you own multiple units (or buildings) with Nomadic, you’ll get access to the Unit Comparison Report. 
  • This report enables you to quickly compare financial performance between your units at a glance without toggling between individual reports. 

Income Statement Month-Over-Month:

  • The Income Statement Detail – Monthly Report serves as a month-over-month record of portfolio performance. You’ll see itemized income and expense categories and can track monthly. This report will update with fresh data every time you view it. 

Financial Statements

Financial statements will be published to your portal on a monthly basis. The statements are found in your Documents library, and provide a historical record of all financial performance. The statements serve as a snapshot of financial performance over a given period, and are static documents (unlike Reports, the statements do not update/change in real-time). 

Scroll down for more info about the Financial Statements in your Documents library:

The Documents area contains monthly financial statements:

  • The statements in the Documents are are static documents. They are posted to the portal once a month to serve as a historical record of financial performance. 

Download a statement to see month and YTD financials:

You'll also find a month-over-month operating statement:

Portal Communication Tool

You can use your owner portal to communicate with our team. Any messages you send through the portal will go straight to your Account Manager. When we reply, you’ll get an email notification and you’ll also see the message in your portal next time you log in. 

Here’s an overview of using the communication platform:

Click "Communications" and navigate to "Conversations":

  • The communications module will contain a record of all messages that you create through the portal. 

Click the "New Message" button and send your message:

Responses will show up in the conversation ticket:

  • You’ll get an email notification whenever you get a response, and you’ll also see the message in your portal next time you log in. 

You can reply in-line using the comment box:

Each conversation will be logged in its entirety:

Understanding the Ledger

Your portal includes a ledger with all transactions. The ledger is populated with data in real-time as transactions flow through our accounting software. Much of this information is also available in the Reports area, as well as the Statements in your Documents library, but the ledger is the most comprehensive resource for diving into the details. 

Please scroll through the sections below to get a better understanding of how to interpret the ledger. 

By default, transactions are sorted chronologically:

  • The date reflected in the lefthand column is the actual transaction date, not the “bill date”. This is the date the transaction was actually processed. 

If you have multiple properties with Nomadic, you'll see the address for each transaction in the "Location" column:

  • You can filter the ledger to look at just one property, all properties, or specific sets of properties. 
  • If you only have one property with us, you’ll just see the ledger for that property. 

The Description column displays the transaction type:

  • BILL: this is an expense transaction, such as for repair costs or management fees.
  • CHARGE: this is a transaction  billed to the tenant, most typically a rent payment. 
  • NACHA EXPORT: this is a credit we processed to your distribution account. This type of transaction is how you get paid! 

The Amount column shows the dollar value of each transaction:

  • Positive Amounts: if an amount is positive, it reflects a transaction that is payable to you. Typically, this will be a rent payment that we collected from your tenants. On occasion, a positive number could also signify a journal entry or credit adjustment. 
  • Negative Amounts:  if an amount is negative, this is a transaction that is either payable to Nomadic or is an amount that has already been paid to you. Typically this will be for repair costs or management/leasing fees. Owner draws (net distributions into your checking/savings account) also reflect as negative amounts, since they have already been paid to you. 

The Account Balance column shows a sum of positive/negative transactions at a given point in time:

  • Account Balance should always equal zero after a net distribution has been processed. When the balance is zero, this means that all expenses have been paid and you’ve received the remainder as net operating income, leaving a balance of zero (meaning: no one is due any money, as all funds have been distributed appropriately). 

Navigating the Propertyware Owner Portal

Your portal includes some extremely useful features that help you understand your property’s financial performance at a new level, with real-time transparency into every transaction.

Scroll through the snapshots below for an overview of portal navigation! If you need more help or have specific questions about using the portal, you can reach out to your Account Manager any time for a screen share. 

You can filter all info by date range or property:

View a snapshot of income and expenses on your dashboard:

See every transaction in real-time on your ledger:

Statements and forms will be posted to your documents library:

View a suite of real-time financial reports:

See a running list of all bills, and drill down for more detail:

Under Bill Details, you'll find dates/descriptions/amounts and more:

You can also communicate with your Account Manager through the portal:

How do net distributions work?

Net distributions keep your accounting clean and simple. Each month we’ll collect rent from the tenants, deduct any repair expenses for the previous month and any management/leasing fees for the current month, and credit the remaining net operating income to your account. 

You’ll receive a statement via email each time a net distribution is processed, and can view all transaction details in your Propertyware owner portal.