Anonymous wrote:It's surrounded by some bad neighborhoods, but Cheverly itself seems to have a nice neighborhood feel. The houses are pretty reasonable and a decent 3/2 can be had for 300k. What's the outlook for this area? It seems to be a sleepy neighborhood without many plans for additional development that could raise property values. For reference I'm comparing to Hyattsville and all the Route 1 development. I want to be near a metro station and these two neighboorhoods seem to have the best balance of affordability, (relative) safety, and some appreciation potential.
I'd be cautious about that. A friend finally sold her house last year in Cheverly at a loss. I think the school factor will keep prices down.