NE/SE affordability and upcoming areas?

[Anonymous]

Anonymous wrote:Neighborhoods off of Pennsylvania Ave SE EOTR
Hillcrest
Fort DuPont

Add Anacostia to it too.

[Anonymous]

Anonymous wrote:Deanwood but you have to wait it out 20 years

No, I think it would be very profitable in next 5-7 years.

[Anonymous]

Check MLK avenue at EOTR. More than $1B expected to be invested in it. Coming up very well.

[Anonymous]

Anonymous wrote:Would you consider a condo? There is a 1 bedroom at the Car Barn on the hill for 435k, and two bedrooms are usually under 600k. Not a row house but has that old charm. I used to live there and loved it

Given the excessive costs of HOAs, generally, no. I know how to maintain my property well and don’t need the added “value”.

[Anonymous]

Anonymous wrote:Neighborhoods off of Pennsylvania Ave SE EOTR
Hillcrest
Fort DuPont

Sorry, what does EOTR stand for?

[Anonymous]

Anonymous wrote:For those advocating for Trinidad, does the recent collapse/decline of H St not concern you?

What's the recent collapse? I get my haircut on H Street, NE every week. Not sure what you are talking about.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Neighborhoods off of Pennsylvania Ave SE EOTR
Hillcrest
Fort DuPont

Sorry, what does EOTR stand for?

East of the River

[Anonymous]

I live near Ft. Totten, Lamond Riggs in NE. I love it. Super quiet. It's Ward 4 though.

Definitely affordable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:For those advocating for Trinidad, does the recent collapse/decline of H St not concern you?

What's the recent collapse? I get my haircut on H Street, NE every week. Not sure what you are talking about.

https://wapo.st/3zNEEk3

[Anonymous]

https://wtop.com/business-finance/2024/02/another-h-street-loss-sticky-fingers-diner-is-closing-citing-crime/

[Anonymous]

In a decent area, you can only afford a condo for now. I would rather do that for a row house in future than live in an iffy area.

[Anonymous]

Anonymous wrote:In a decent area, you can only afford a condo for now. I would rather do that for a row house in future than live in an iffy area.

If the goal is a return on investment, then a row house is a better choice. Make sure you visit the potential neighborhood in the night and day and see if you like it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:In a decent area, you can only afford a condo for now. I would rather do that for a row house in future than live in an iffy area.

If the goal is a return on investment, then a row house is a better choice. Make sure you visit the potential neighborhood in the night and day and see if you like it.

+1 DC is filled with a boatload of people who earned dramatic improvements in equity simply because they were willing to live in "iffy" areas 15-20 years ago then watched those areas appreciate. It's really amusing to see people say that H St NE is a wasteland and it still today is a fairytale compared to 15-20 years ago.

The question is where can one live that might still see that appreciation, and I don't know. There was heavy investment in those gentrifying areas, so much development it was dizzying - cranes everywhere. From Navy Yard to SW to H St, and more, buildings went up and up and there was also a general positive sentiment from buyers that change was happening. The sentiment is pessimistic lately and there seems to be much less development happening. What is left to develop?

The big 'what if's with that kind of transformative development potential would be Hechinger Mall and the RFK site. What else?

[Anonymous]

This is really cute in Michigan Park for $529k.

https://www.redfin.com/DC/Washington/727-Emerson-St-NE-20017/home/10084444

Nice quiet neighborhood.

[Anonymous]

Anonymous wrote:crime is same in DC whether it is EOTR or NW. I find Anacostia to be safer.

Same! I live in Petworth right now and I'm moving to Hilcrest once my lease is up. I was in Anacostia prior and Petworth has had more shootings and car thefts since I've been here. Also, the rats. I never dealt with seeing so many rats on my daily walk in Anacostia.