Logan is a lot cheaper per sqft. Also many smaller places in Logan CP >> Logan >> Pet. |
How is the property appreciation and resale? |
I own a rowhome in the heart of Logan. It’s not cheaper than Cleveland Park per square foot. Prove me wrong. |
I just did a quick Redfin search. There are currently two houses on the market in Cleveland Park, and both a priced hundreds of dollars lower per square foot than anything in Logan. So, yea, you’re very wrong. |
Same here! Plenty of government attorneys/other feds with kids in the local elementary schools. Middle and high school not so much, but people figure it out. To answer PP our house has doubled in value over the last 12 years, and the market is slowing like everywhere, but we don't plan on selling (if we moved, we'd rent it out). That said, buying a decade ago then refinancing and buying today at today's rates are apples and oranges. If my mortgage was $6-7k a month, I wouldn't want to be somewhere I'd have to "figure out" middle school. |
I had a couple of properties in the neighborhood. Our main one has tripled in value. The other two I've since sold doubled. I'm actively looking to buy in the neighborhood because I think there's still value to be had and much more appreciation in the future. |
I have visited quite a few times(know a few people that live there) but yeah true never lived there myself, area does not appeal to me in the slightest. Don't have kids yet but thinking of it soon, and yeah the lack of safety and good schools, plus its distance from work and the parts of DC I frequent make it a no go for me. I currently live in Clarendon. When I first moved to DMV lived in Georgetown (and stayed in that vicinity for a few years after graduation) before moving to Kalorama for a few years. My preference for area DC wise is very much Georgetown, closely followed by Dupont/Admo (the in-between point of those two areas ideally, so that you can walk to either one in a timely manner). |
Yeah, their information is from like 2005. Logan Circle is wildly expensive now, much more so than Cleveland Park. |
If you like Clarendon and Georgetown, you will probably not like Petworth |
| Petworth has a lot of wonderful things going for it, but it has too many negatives currently for me to encourage anyone to move there - I left. The crime being the biggest. Even if you dont have children and schools are not a factor, it's a nicer life to not have the stress of shootings in front of your house, semi regular shootings outside your metro station, drug houses next to your daycare, and having to not walk around alone at night. |
So to recap, you’re a 54 yr old relative newcomer * to DC who owns a $4-5 million rowhome. Who takes really long walks in the middle of the workday with some frequency And then you come home and post your “impressions” on neighborhoods on a parenting website * newcomer because you don’t know what Cleveland Park actually entails. So you shelled out millions of dollars on a residence without at least driving by $4-5 million comps in the all of few neighborhoods that actually have $4-5 million comps (such as CP). |
🙄 |
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Are you talking condos? Condos are a different beast in CP. You don’t have SFH (the median is $3m + for those in 2024 in CP), so TH compare as follows for the past year:
Logan median $1.2m; CP $1.6m Logan sqft <$500; CP >>$500 |
Logan has the better market: https://www.redfin.com/neighborhood/18558/DC/Washington-DC/Cleveland-Park/housing-market https://www.redfin.com/neighborhood/64260/DC/Washington-DC/Logan-Circle/housing-market |
Most people do not send their kids to the local school in Petworth. I live in Petworth and only know one neighbor that send their kids to the local elementary school. Everyone else send it to charters or private. data of where kids go to school showed a participation rate of around 35% in Petworth schools. |