July 23, 2024


We Do Fine Home

What you can buy: homes for $600,000

What you can buy for $600,000 varies widely. With the help of Realtor.com, we’ve pulled together a sampling of homes at that price range to give you an idea of how location can affect your purchasing power.

To give buyers a sense of the costs involved in owning a $600,000 home, we asked Realtor.com to calculate how much an owner would pay monthly. Of course, the amount of debt a buyer has (such as student or car loans) will alter these calculations. Condo fees and maintenance costs need to be factored in as well.

Based on a 20 percent down payment ($120,000) and a 30-year fixed-rate mortgage of 4 percent, the monthly mortgage payment would be around $3,150 including taxes and home insurance (using average national tax and insurance rates). A buyer would need to earn at least $126,000 to afford a $600,000 home and remain within the general guidelines of spending no more than 30 percent of their gross income on housing.

Wondering what $600,000 buys you? Take a look below.

  • Bedrooms/bathrooms: 2/2
  • Square footage: 1,000
  • Price per square foot: $585
  • Lot size: N/A
  • Features: The apartment is in the Champlain Condominium, which was built in 2015 in the Brookland neighborhood. The kitchen has an island, stainless-steel appliances and quartz countertops. The in-unit washer and dryer are next to one of the bathrooms. The building has a roof deck and bike storage. The monthly condo fee is $362.
  • Listing agent: Marshall Carey, Redfin
  • Bedrooms/bathrooms: 2/2
  • Square footage: 1,269
  • Price per square foot: $469
  • Lot size: N/A
  • Features: The corner unit in the Essex Condominium has large windows with views of Washington National Cathedral. The renovated kitchen has stainless-steel appliances. The bathrooms were also recently renovated. The unit comes with garage parking and a storage unit. The building has a 24-hour front desk, rooftop terrace and solar energy panels. The monthly condo fee of $1,012 includes utilities.
  • Listing agent: Gitika Kaul, Compass
  • Bedrooms/bathrooms: 4/4
  • Square footage: 2,428
  • Price per square foot: $245
  • Lot size: 0.06 acre
  • Features: Developed by D.C.-based District-Properties, the newly built townhouse in the Congress Heights neighborhood has an open floor plan, hardwood floors and LED lighting. The kitchen has granite countertops and stainless-steel appliances. The backyard is fenced. There is a parking space for one car.
  • Listing agent: Laila Rahman, Keller Williams Realty
  • Bedrooms/bathrooms: 3/3
  • Square footage: 1,663
  • Price per square foot: $360
  • Lot size: 0.21 acre
  • Features: The 1938 Colonial on a corner lot has a living room with a beamed ceiling, an updated kitchen and a screened porch. The owner’s suite has stairs that lead to a dressing area with a custom closet system and skylights. The lower level has a large rec room. The fenced backyard has a patio.
  • Listing agent: Jasmine Agnew, Redfin
  • Bedrooms/bathrooms: 3/3
  • Square footage: 2,070
  • Price per square foot: $290
  • Lot size: 0.27 acre
  • Features: The 1982 brick Colonial is in the Rolling Stone subdivision of the Stonegate community. The house has hardwood floors, a finished lower level and an attached one-car garage. The expansive backyard has a large patio.
  • Listing agent: Jorge Hernandez, Long & Foster
  • Bedrooms/bathrooms: 3/4
  • Square footage: 1,580
  • Price per square foot: $380
  • Lot size: 0.12 acre
  • Features: The 1989 house in the Georgetown Grove neighborhood has a vaulted ceiling in the living room, a fireplace in the family room and sliding-glass doors that open to a screened porch. The lower level is finished. The fenced backyard has a patio and a play set. The one-car garage is attached.
  • Listing agents: Cynthia Taylor-Hicks and Roman Mychajliw, Long & Foster Real Estate
  • Bedrooms/bathrooms: 3/3
  • Square footage: 2,108
  • Price per square foot: $285
  • Lot size: 0.22 acre
  • Features: The 1976 brick Colonial in the Reflection Lake community is near Metro’s Silver Line and Dulles Airport. The living room has a wood-burning fireplace. The owner’s suite has a walk-in closet. The owner’s bathroom has a large shower with a rain shower head. The washer and dryer are upstairs. The fenced backyard has a large patio. The one-car garage is attached. The monthly homeowners association fees are $33.
  • Listing agent: Areeb Fayyaz, Redfin
  • Bedrooms/bathrooms: 4/5
  • Square footage: 2,620
  • Price per square foot: $229
  • Lot size: N/A
  • Features: The 2006 townhouse near historic Occoquan has nine-foot ceilings and hardwood floors. The kitchen has an island, granite countertops and a breakfast area. The living room has crown molding, chair railing and a gas fireplace. The owner’s bedroom has two walk-in closets. The owner’s bathroom has a separate shower and soaking tub. The two-car garage is attached. The monthly homeowners association fees are $208 and cover exterior maintenance.
  • Listing agent: Candyce Astroth, Samson Properties
  • Bedrooms/bathrooms: 3/3
  • Square footage: 1,554
  • Price per square foot: $386
  • Lot size: 0.04 acre
  • Features: The 1987 townhouse is in the Runnymeade community of the Franconia section of Alexandria. The living room and lower-level family room each have a fireplace. The living room opens to a deck. The family room leads to a patio and fenced yard. The kitchen has a bay window. Besides the one-car garage, the driveway can accommodate two more vehicles. Monthly homeowners association dues are $74.
  • Listing agents: Dallison Veach and Rosemarie Johnson, Veach Realty Group
  • Bedrooms/bathrooms: 2/2
  • Square footage: 1,087
  • Price per square foot: $551
  • Lot size: N/A
  • Features: The condo in the Ivy at Riverfront, a 45-story building next to the Miami River in a gated community, was completed in 2008. The balcony offers sunset, city and Intracoastal views. The apartment, which was renovated three years ago, has in-unit washer/dryer, two parking spaces and separate storage. The monthly condo fees of $868 include 24-hour security, valet parking, and access to a swimming pool and dog park.
  • Listing agent: Graciela Villarello, Keller Williams Elite Properties
  • Bedrooms/bathrooms: 4/4
  • Square footage: 2,455
  • Price per square foot: $244
  • Lot size: 5.5 acres
  • Features: The 1951 house is on a wooded lot. It has an updated kitchen and renovated bathrooms. The owner’s bedroom has a vaulted ceiling and a walk-in closet. The bathroom has a large shower. The two-car and one-car garages are attached to the house.
  • Listing agent: Joseph Cavallaro, Keller Williams Kansas City North
  • Bedrooms/bathrooms: 3/4
  • Square footage: 3,169
  • Price per square foot: $189
  • Lot size: 0.18 acre
  • Features: The 1979 house in the gated Tennistates community was recently renovated. It is one of the few homes in Las Vegas with a basement. The finished lower level has a fireplace. The living room also has a fireplace. The second-floor balcony overlooks the 10-foot deep pool. The monthly homeowners association fees are $92.
  • Listing agent: Jay Mirando, Signature Real Estate Group