FAQ

A: Closing costs in D.C. are extra fees you pay at the very end of a home purchase—covering things like taxes, title work, and lender fees. For buyers, it usually runs about 3–5% of the home price (e.g., $21,000–$35,000 on a $700K home). Sellers typically pay around 2.5% (about $11,000 on a $429K home). [article.houwzer.com], [brickfront...erties.com] [listwithclever.com], [anytimeestimate.com]

A: Both buyer and seller chip in at closing. Buyers pay loan fees, appraisal, inspection, etc. Sellers are usually on the hook for transfer taxes, title fees, and any credits or buyer incentives. [listwithclever.com], [bankrate.com], [article.houwzer.com]

A: Sellers in D.C. pay about 2.56% of the sale price—roughly $11K on a $429K home, $22K on $859K, and around $36K on a $1.43M home. [listwithclever.com], [anytimeestimate.com]

A: Yes! D.C. offers programs that cut transfer and recordation taxes in half (from 1.45% to 0.725%) and may offer other grants or abatements for first-time buyers. [downsmortg...egroup.com]

A: Families love spots like Tenleytown/AU‑Tenleytown, Chevy Chase, Cleveland Park, Georgetown, The Palisades, Capitol Hill, and Capitol Hill—thanks to great parks, schools and safe streets. [extraspace.com], [ocnjdaily.com], [areavibes.com], [modernmama.com]

A: It’s suburban-feeling yet on the Metro, with highly rated schools (Horace Mann, Jackson-Reed), parks like Turtle and Fort Bayard, and kid-friendly culture like the American University Museum. [extraspace.com]

A: Areas like Chevy Chase, AU‑Tenleytown, Glover Park, Barnaby Woods, Woodley Park, Mount Pleasant, Berkley, Cleveland Park, and Georgetown boast schools with A+ or A ratings. Notable schools include Janney, Key, Lafayette, and Ross Elementary, plus Sidwell Friends. [areavibes.com], [publicscho...review.com], [glasshousere.com] [publicscho...review.com], [glasshousere.com]

A: Expect plentiful parks, playgrounds, splash pads, community centers, weekend markets, and local libraries—especially in spots like Capitol Hill (Lincoln & Stanton Parks, Eastern Market), Cleveland Park (Rock Creek Park), Tenleytown, and Chevy Chase. [extraspace.com], [ocnjdaily.com], [modernmama.com]

A: Buyers generally pay 2–5% of the purchase price. On a $700K home, that’s about $14K–$35K—typically averaging around 3.9% of the price (about $24,648 on a $632K median-priced home). [bankrate.com], [article.houwzer.com], [brickfront...erties.com]

A: Yes! D.C.'s average buyer closing costs hover around 3.9%, which is higher than Maryland's ~3.7% and much higher than Virginia’s ~1.7%. [bankrate.com], [brickfront...erties.com]