$2 for single Capital Bikeshare trip; You need $119K+ to afford a 2BD in D.C.

Local Real Estate News

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  Image credit Wall Street Journal

  Rent or Buy? Tips for retired house-hunters — Some retirees may find that renting a home is more cost effective than a mortgage (via WSJ)

• Study: Households need to make more than $119,000 to rent in D.C. (via dcist)
• Capital Bikeshare will allow users to buy a single trip for $2. The move will help a lot of people get around during SafeTrack in the short term. (via Greater Greater Washington)
• Instead of a traditional application process, a startup called Rentberry wants potential tenants to bid on apartments, eBay style (via CityLab)
• Of interest: Michelin will launch its famed food guide about D.C. this October (via UrbanTurf)

Madewell to open April 27, Reston Home & Garden Expo April 30

Local Real Estate News

• Madewell at Reston Town Center is slated to open April 27 (via RestonNow)
• Low income D.C. residents can qualify for a reduced Capital Bikeshare membership and free helmet (via Greater Greater Washington)
• Ikea to launch low-maintenance Sladda bicycle for urban riders (via Dezeen)
• Meet Zena Howard, the architect behind D.C.’s African American museum (via Curbed D.C.)

Capital Bikeshare stations coming to Reston, Lidl HQ coming to Arlington

Local Real Estate News

Image courtesy McEnearney Associates

Finances have been put in place to create a bikeshare community in Reston and Tysons. The $1.7 million plan was approved last week during the Fairfax County Board of Supervisors meeting. The Board signed off on the county’s grant application for the Virginia Department of Transportation’s FY 2017 Transportation Alternatives Program back in October. The grant, worth $400,000, will go to pay for bicycles and bicycle stations, as well as anything else needed to get the program up and running.