Bought a house near Fort Totten - Having regrets

[Anonymous]

You have to decide whether it's worth the financial hit to leave. If you sell it now, you'll take a loss given transaction costs. You have to decide whether you want to ride it out for a few years, try to rent it out and deal with that headache, or just take the L and sell it now and move. If you do decide to move and/or sell, just don't make the same mistake twice.

[Anonymous]

Purple line! Excellent investment. You just don't feel like riding metro in a pandemic. Get a car or car to go. You are a close to a lot of nice areas. Also, a bike for good-weather days.

[Anonymous]

I think any new neighborhood would be tough right now in the middle of COVID. I'd give it a year or 2 and see how things go as the pandemic lifts and life gets back to normal.

[Anonymous]

Anonymous wrote:Purple line! Excellent investment. You just don't feel like riding metro in a pandemic. Get a car or car to go. You are a close to a lot of nice areas. Also, a bike for good-weather days.

where is the purple line going?

[Anonymous]

What's the purple line have to do with Fort Totten?

[Anonymous]

Buy a car. Parking around town seems a little easier right now. Reevaluate in a year or two.

[Anonymous]

Are you east or west of the metro? If west of the metro, it is very quiet, but there is a bunch to walk to it's just a little further than you may be used to. If east, I'm sorry. It is going to take a long time for that area to transition. However you can take solace it your wonderful investment? You will definitely benefit long term.

[Anonymous]

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

[Anonymous]

Anonymous wrote:

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

The urban shift isn't what it was 15 years ago. The area to the east of the Metro won't get much better any time soon, certainly not in the next few decades.

[Anonymous]

Anonymous wrote:Are you east or west of the metro? If west of the metro, it is very quiet, but there is a bunch to walk to it's just a little further than you may be used to. If east, I'm sorry. It is going to take a long time for that area to transition. However you can take solace it your wonderful investment? You will definitely benefit long term.

What, exactly are you talking about? East of the Fort Totten Metro is a big area. You've got Michigan Park which is a solidly upper middle class neighborhood of single family homes.
You've got North Michigan Park which has a great rec center with a playground, lovely picnic area and exercise classes.
You've got Riggs Park which is mostly a middle/ upper middle class area which is safe, friendly, and has lovely oak trees lining the streets. It's close to Fort Totten's Fort Circle Park which is a wonderful place to hang out during the pandemic.

If the OP is talking about the area near the Lasalle-Backus Education Center or right by the WalMart, those are not the best spots, and there's also a party zone in the middle of Chillum, but other than that the area has been middle class for many years and is a nice place to live.

So, my point is that if you draw a 1 mile circumference from the Fort Totten Metro, you circle about nine different neighborhoods. Eight of them are great places to live with friendly neighbors.

We need more info from the OP to tell them what the neighborhood is usually like. Rest assured that usually, neighbors chat more, are more outgoing, and gather in neighborhood exercise classes and at outdoor concerts more. We've got a great neighborhood. How it is now isn't how it usually is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

The urban shift isn't what it was 15 years ago. The area to the east of the Metro won't get much better any time soon, certainly not in the next few decades.

I've lived here for fifteen years.
Housing prices have doubled.

A new library is being built as is an art complex and new grocery store.

It's set to have a bigger transformation than any area in the city other than Walter Reed.
If you think this isn't true you haven't visited lately.

If you doubt me, read one of the articles linked here.

https://dc.urbanturf.com/articles/tag/fort_totten

[Anonymous]

Anonymous wrote:

Anonymous wrote:Are you east or west of the metro? If west of the metro, it is very quiet, but there is a bunch to walk to it's just a little further than you may be used to. If east, I'm sorry. It is going to take a long time for that area to transition. However you can take solace it your wonderful investment? You will definitely benefit long term.

What, exactly are you talking about? East of the Fort Totten Metro is a big area. You've got Michigan Park which is a solidly upper middle class neighborhood of single family homes.
You've got North Michigan Park which has a great rec center with a playground, lovely picnic area and exercise classes.
You've got Riggs Park which is mostly a middle/ upper middle class area which is safe, friendly, and has lovely oak trees lining the streets. It's close to Fort Totten's Fort Circle Park which is a wonderful place to hang out during the pandemic.

If the OP is talking about the area near the Lasalle-Backus Education Center or right by the WalMart, those are not the best spots, and there's also a party zone in the middle of Chillum, but other than that the area has been middle class for many years and is a nice place to live.

So, my point is that if you draw a 1 mile circumference from the Fort Totten Metro, you circle about nine different neighborhoods. Eight of them are great places to live with friendly neighbors.

We need more info from the OP to tell them what the neighborhood is usually like. Rest assured that usually, neighbors chat more, are more outgoing, and gather in neighborhood exercise classes and at outdoor concerts more. We've got a great neighborhood. How it is now isn't how it usually is.

It's a great place to live for families and seniors, yes. But for a single woman who is looking for things to do and places to go (within walking distance)? Um, no. It's got years to go before that is the case. Read the OP. That is what i was responding to and what you have ignored completely.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

The urban shift isn't what it was 15 years ago. The area to the east of the Metro won't get much better any time soon, certainly not in the next few decades.

Are you serious? There are EYA townhomes going up in FT. They are almost sold out. There are several new luxury apt buildings. A new one is being built now. I live nearby. I run down South Dakota and through the streets before dawn and never feel unsafe. It's not the most exciting neighborhood, but I feel safe.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

The urban shift isn't what it was 15 years ago. The area to the east of the Metro won't get much better any time soon, certainly not in the next few decades.

Are you serious? There are EYA townhomes going up in FT. They are almost sold out. There are several new luxury apt buildings. A new one is being built now. I live nearby. I run down South Dakota and through the streets before dawn and never feel unsafe. It's not the most exciting neighborhood, but I feel safe.

Yes, all those ugly duplexes around there will never be particularly popular. It's not like you're rehabbing 19th century rowhouses in a dense urban neighborhood with a strong cultural identity. It will be fine for middle class seniors and low income families.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What street? That area is coming around but may take awhile.

Haven’t people been saying this for years?

The urban shift isn't what it was 15 years ago. The area to the east of the Metro won't get much better any time soon, certainly not in the next few decades.

Are you serious? There are EYA townhomes going up in FT. They are almost sold out. There are several new luxury apt buildings. A new one is being built now. I live nearby. I run down South Dakota and through the streets before dawn and never feel unsafe. It's not the most exciting neighborhood, but I feel safe.

Yes, all those ugly duplexes around there will never be particularly popular. It's not like you're rehabbing 19th century rowhouses in a dense urban neighborhood with a strong cultural identity. It will be fine for middle class seniors and low income families.

Low income families are the ones buying the 500,000 dollar houses? I guess I have a different definition of low income than you do. Median household income for the region is 85K a year. Seems more likely that low income families would buy in PG County instead.