Is buying in Brookland a good investment?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's a good question. A grocery store at Dakota Crossings would have been great.

They lied to us.

Target was supposed to go there but they never came.
Shoppers was then promised but there was one on Bladensburg (now gone).
Wal Mart was promised but they tried to over tax them and then WM decided to move to Riggs.

So we got Marshalls and Dicks.

The area could benefit from a small scale grocery store, but there's a Target and MOMs on New York ave. I guess that's still in the "neighborhood".

This. I was so done after all those promises and what they did to Grey. Say what you want about him the politician but dude cares about Wards 7 and 8 and EOTR. He was going to build a bridge over NY AVE and a Wal-Mart & Target and Shoppers that were accessible. Suddenly all these criminal charges came up on him that got him out of office. Then poof they're gone. Then go against walmart with a tax the super rich businesses but only after they sign the leases but before they start construction. So WM said we won't start construction.



This was before that Target. Before the Walmart. Heck, before the Costco. I'm talking 2008 to 2010. We were supposed to get a new pedestrian bridge over the anacostia, a bridge over NYAve, lots of promises.

But instead they focused on accusing Gray of BS that he didn't do, and we had to deal with a bunch of "well, let's do this instead"s.

[Anonymous]

Any other thoughts? Will more amenities come?

[Anonymous]

I've lived in brookland 2x. The first time was amazing. I lived in the neighborhood and my neighbors were fantastic. I loved in 2002 and when I go back to the block, they still ask about my now adult children. Loved, loved, loved it. The house got too small, but it was wonderful.

The second time I lived in Brookland, I lived in one of the new townhouses behind the Busboys and Poets development. New house, but hated it. No where near as neighborly. I actually met my second husband there (he lived 7 houses down). When we decided to get married, I told him that I wanted to move to another neighborhood. People didn't even speak when walking the dog.

I like old Brookland way more then the new developments springing up.

[Anonymous]

Anonymous wrote:I've lived in brookland 2x. The first time was amazing. I lived in the neighborhood and my neighbors were fantastic. I loved in 2002 and when I go back to the block, they still ask about my now adult children. Loved, loved, loved it. The house got too small, but it was wonderful.

The second time I lived in Brookland, I lived in one of the new townhouses behind the Busboys and Poets development. New house, but hated it. No where near as neighborly. I actually met my second husband there (he lived 7 houses down). When we decided to get married, I told him that I wanted to move to another neighborhood. People didn't even speak when walking the dog.

I like old Brookland way more then the new developments springing up.

Got it. So, there is less of community feel nowadays. What about amenities (e.g., retail, grocery)?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I've lived in brookland 2x. The first time was amazing. I lived in the neighborhood and my neighbors were fantastic. I loved in 2002 and when I go back to the block, they still ask about my now adult children. Loved, loved, loved it. The house got too small, but it was wonderful.

The second time I lived in Brookland, I lived in one of the new townhouses behind the Busboys and Poets development. New house, but hated it. No where near as neighborly. I actually met my second husband there (he lived 7 houses down). When we decided to get married, I told him that I wanted to move to another neighborhood. People didn't even speak when walking the dog.

I like old Brookland way more then the new developments springing up.

Got it. So, there is less of community feel nowadays. What about amenities (e.g., retail, grocery)?

DP: I know that a great coffee shop just opened up on the corner of Quincy and 12th. The place always seems to be busy. I guess that's a start?

[Anonymous]

If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

[Anonymous]

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

What about something newer? For example:
https://www.nestfully.com/Listing/ListingSearch.aspx

[Anonymous]

Anonymous wrote:

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

What about something newer? For example:
https://www.nestfully.com/Listing/ListingSearch.aspx

Link did not come through. Here: https://www.zillow.com/homedetails/2925-Chancellors-Way-NE-Washington-DC-20017/114416016_zpid/

[Anonymous]

Homes on the market in Brookland are now sitting far longer than homes in other DC neighborhoods, the number of days on the market more than doubling in 2023.

https://dc.urbanturf.com/articles/blog/how_fast_are_homes_selling_in_dc/21703

[Anonymous]

Anonymous wrote:True, but that's a membership-based grocery store. I'm talking more about a conventional grocery, something like a Yes! Organic, Mom's Organic, Safeway, Giant or Whole Foods, etc. Where do Catholic University students shop for food?

It's weird to complain about a $60 membership and then wish for a Whole Foods.

[Anonymous]

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

That is quite expensive for that area I am thinking. Really not sure why someone would opt to pay 825k for that TH which a) needs quite a bit of work and b) is in Brookland (fairly crappy area and def not that safe ) rather than opting to pay around the same in N Arlington or near Georgetown (there are THs currently for sale near Georgetown U for around 900k, and also in N Arlington for around that same price). Given its price, the amount of work that needs, plus the area, willing to bet this one is gonna stay on the market for a while.

Similar argument goes towards that one that someone posted on Chancellors Way (the TH looks nice enough, minus the lack of backyard which granted nowadays is very common with THs) but why would someone opt to pay 920k to get a TH there, versus getting one in Georgetown, N Arlington, Wesley Heights or frankly anywhere that is much nicer and safer than Brookland, boggles my mind. I get buying there due to affordability reasons (say can only afford 500k) but once we hit the 900k mark, makes 0 sense in my view given you can live in other areas of the DMV that are nicer.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

That is quite expensive for that area I am thinking. Really not sure why someone would opt to pay 825k for that TH which a) needs quite a bit of work and b) is in Brookland (fairly crappy area and def not that safe ) rather than opting to pay around the same in N Arlington or near Georgetown (there are THs currently for sale near Georgetown U for around 900k, and also in N Arlington for around that same price). Given its price, the amount of work that needs, plus the area, willing to bet this one is gonna stay on the market for a while.

Similar argument goes towards that one that someone posted on Chancellors Way (the TH looks nice enough, minus the lack of backyard which granted nowadays is very common with THs) but why would someone opt to pay 920k to get a TH there, versus getting one in Georgetown, N Arlington, Wesley Heights or frankly anywhere that is much nicer and safer than Brookland, boggles my mind. I get buying there due to affordability reasons (say can only afford 500k) but once we hit the 900k mark, makes 0 sense in my view given you can live in other areas of the DMV that are nicer.

There are not similar 3 bedrooms for that price in more desirable parts of the city. A few in Arlington, yes, but some people want to live in the city and Arlington isn't a great commute for everyone.

[Anonymous]

I remember asking this exact question 20 years ago. Glad I decided the answer was “no.”

[Anonymous]

Anonymous wrote:

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

That is quite expensive for that area I am thinking. Really not sure why someone would opt to pay 825k for that TH which a) needs quite a bit of work and b) is in Brookland (fairly crappy area and def not that safe ) rather than opting to pay around the same in N Arlington or near Georgetown (there are THs currently for sale near Georgetown U for around 900k, and also in N Arlington for around that same price). Given its price, the amount of work that needs, plus the area, willing to bet this one is gonna stay on the market for a while.

Similar argument goes towards that one that someone posted on Chancellors Way (the TH looks nice enough, minus the lack of backyard which granted nowadays is very common with THs) but why would someone opt to pay 920k to get a TH there, versus getting one in Georgetown, N Arlington, Wesley Heights or frankly anywhere that is much nicer and safer than Brookland, boggles my mind. I get buying there due to affordability reasons (say can only afford 500k) but once we hit the 900k mark, makes 0 sense in my view given you can live in other areas of the DMV that are nicer.

Show me one Georgetown TH for around $900,000. Just one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If prices are this high where updated are needed throughout the house, I’m not too sure.

https://redf.in/NQWDK0

That is quite expensive for that area I am thinking. Really not sure why someone would opt to pay 825k for that TH which a) needs quite a bit of work and b) is in Brookland (fairly crappy area and def not that safe ) rather than opting to pay around the same in N Arlington or near Georgetown (there are THs currently for sale near Georgetown U for around 900k, and also in N Arlington for around that same price). Given its price, the amount of work that needs, plus the area, willing to bet this one is gonna stay on the market for a while.

Similar argument goes towards that one that someone posted on Chancellors Way (the TH looks nice enough, minus the lack of backyard which granted nowadays is very common with THs) but why would someone opt to pay 920k to get a TH there, versus getting one in Georgetown, N Arlington, Wesley Heights or frankly anywhere that is much nicer and safer than Brookland, boggles my mind. I get buying there due to affordability reasons (say can only afford 500k) but once we hit the 900k mark, makes 0 sense in my view given you can live in other areas of the DMV that are nicer.

Show me one Georgetown TH for around $900,000. Just one.

Here are two near Georgetown U that are currently on the market (to be fair closer to 1m than 900k) but still, much rather live in one of those and in that area for only like 80k more than Brookland. Both are 3br.
https://redf.in/4mrs9Q
https://redf.in/dTAUfe

Here is one that sold a month ago for 970k https://redf.in/hnpyB0

Here is one in N Arlington for 850k (almost same price as that one listing someone showed in Brookland). Needs work imo but less so than the one in Brookland. But still a little overpriced (which shows by fact that it's been on market for a bit) https://redf.in/RA7xOt