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Price Pick of the Week

429 R St. NW

Listed sale price: $449,000

Previous sale price (February): $176,000

Square footage: 1,402

This Shaw enclave may be rapidly developing, but not nearly as rapidly as the price on this quaint two-bedroom Victorian. In less than six months, thanks to a thorough renovation, its market value has shot up more than $250,000. But for the price, you get all the hallmarks of “city living, dc style”: stainless-steel appliances, high ceilings, two Jacuzzi tubs—and a claustrophobia-inducing back patio and no off-street parking or basement. Save the 10-block hoofs to Logan Circle and U Street NW—as the listing promises, you’re just “Steps to….Fashionable Shopping,” (Majestic Cleaners), “Unique Restaurants,” (Dave’s carryout) and “Hip Nightlife” (a nameless liquor store at 5th Street and Rhode Island Avenue NW). Preliminary 2005 taxable assessment: $349,890. —Mike DeBonis