“I don’t want to live in a cookie-cutter place anymore.” Across the U.S., many home buyers and renters are seeking out economically, racially and culturally diverse communities.
Jeff Travers recently moved into a $1.25 million top-floor condominium at the Brooks at Historic Walter Reed, a mixed-use development with townhome, condo and apartment buildings under construction on the site of the former Walter Reed Army Medical Center in Washington, D.C.
Mr. Travers, 52, liked the three-bedroom, 1,400-square-foot home for its 800-square-foot terrace with a view of historic buildings and a rolling lawn. But he also was drawn to the economically diverse neighborhood. Nearby is a building for homeless veterans and low-income seniors. The apartment complex next door includes affordable-housing units. His building, too, has condos sold below market price.
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