Brookland?

[Anonymous]

Anonymous wrote:

Anonymous wrote:There will always be a ceiling on appreciation in Brookland because of the neighborhood schools. Until the residents who are buying $1 million homes start sending their kids to their neighborhood schools instead of sending them out of the neighborhood, nothing will change.

There are a dozen good charter schools quite close to Brookland. Many people actually move to the neighborhood because their kid found a place in the schools.

+1. And it’s one of the closest neighborhood EOTP to downtown where you can get a SFH.

[Anonymous]

Buy on 16th. Brookland is hellish for crime, but even if that miraculously got better, the neighborhood is so cut off from the rest of DC that the commute isn’t worth it. Might as well live in the burbs.

Brookland is an acquired taste. People who bought there have a Stockholm syndrome. We almost bought there and thank your lucky stars every day for bailing on it

[Anonymous]

Anonymous wrote:

Anonymous wrote:Stats say NW appreciates the most

Went to Brookland, was burglared and almost shot, never stepped foot in again. Good riddance

Where and when? I've lived in Brookland twice. Was wonderful both times.

12 and the middle of the alphabet, not that long ago. Why don’t you post a few entries from the daily listserve stuff? That tells the story.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I swear it’s also the smell of weed. It’s not the weed itself for me, but the smell is awful.

Ha ha that's everywhere in DC now, and actually a lot of other cities also.

Never ever in my neighborhood

[Anonymous]

Anonymous wrote:Buy on 16th. Brookland is hellish for crime, but even if that miraculously got better, the neighborhood is so cut off from the rest of DC that the commute isn’t worth it. Might as well live in the burbs.

Brookland is an acquired taste. People who bought there have a Stockholm syndrome. We almost bought there and thank your lucky stars every day for bailing on it

What are you even talking about? You are ridiculous.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I hope that the DC council understands that people are leaving DC. Forget about tax hikes, the council needs to focus on bringing down crime. Not just violent crime, but petty theft as well. So tired of going into stores where everything is locked up.

DC's population is actually growing (slowly) it's just not growing the demographic that buys million dollar houses in Brookland.

The real problem though isn't crime, despite the weird obsessions of this board, it's that houses in Brookland were only worth a million dollars with a 3% interest rate. A $900,000 mortgage at 3% is $3,794 a month, which is a totally reasonable price to pay to live in a SFH in a decent part of the city with a good commute despite not having amazing schools or walkability. A $900,000 mortgage at 7% is $5,988, which is absolutely not a reasonable price to pay for that same neighborhood.

If people listed their homes at $600-700K to get that sub-$4k mortgage payment houses in Brookland would sell like hotcakes, but nobody wants to lower their price and take a haircut.

Something's got to give though, because there are only so many buyers who can afford a million plus and they have no reason to pay that in Brookland when that same money could get them so much more elsewhere.

This. If you have a million dollars to spend on a house, you can stretch a bit more and/or wait a bit longer and find something WOTP that has good schools and barely any crime. People bought in Brookland and Petworth (where I live) for those prices because they either had family money and wanted to live in a "cool" area or thought they were guaranteed appreciation and instant home equity. But increasing crime has dampened the cool factor for DINKs planning on kids and interest rates have made the recent rates of appreciation a thing of the past. I sometimes wonder if we should have gotten out in 2020, but our mortgage for a 4 bedroom rowhouse is under $2k a month and our kids lotteried into WOTP schools. So we deal with the school commute and put the extra couple thousand we save on a new mortgage into retirement and travel. If we get tired of the school commute, we'll rent and rent for a few years, and that super cheap mortgage will subsidize a more expensive rental home near schools.

I know this must be shocking to you, but not everyone wants to live WOTP. I have never wanted to live in bland Upper Caucasia.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I hope that the DC council understands that people are leaving DC. Forget about tax hikes, the council needs to focus on bringing down crime. Not just violent crime, but petty theft as well. So tired of going into stores where everything is locked up.

DC's population is actually growing (slowly) it's just not growing the demographic that buys million dollar houses in Brookland.

The real problem though isn't crime, despite the weird obsessions of this board, it's that houses in Brookland were only worth a million dollars with a 3% interest rate. A $900,000 mortgage at 3% is $3,794 a month, which is a totally reasonable price to pay to live in a SFH in a decent part of the city with a good commute despite not having amazing schools or walkability. A $900,000 mortgage at 7% is $5,988, which is absolutely not a reasonable price to pay for that same neighborhood.

If people listed their homes at $600-700K to get that sub-$4k mortgage payment houses in Brookland would sell like hotcakes, but nobody wants to lower their price and take a haircut.

Something's got to give though, because there are only so many buyers who can afford a million plus and they have no reason to pay that in Brookland when that same money could get them so much more elsewhere.

This. If you have a million dollars to spend on a house, you can stretch a bit more and/or wait a bit longer and find something WOTP that has good schools and barely any crime. People bought in Brookland and Petworth (where I live) for those prices because they either had family money and wanted to live in a "cool" area or thought they were guaranteed appreciation and instant home equity. But increasing crime has dampened the cool factor for DINKs planning on kids and interest rates have made the recent rates of appreciation a thing of the past. I sometimes wonder if we should have gotten out in 2020, but our mortgage for a 4 bedroom rowhouse is under $2k a month and our kids lotteried into WOTP schools. So we deal with the school commute and put the extra couple thousand we save on a new mortgage into retirement and travel. If we get tired of the school commute, we'll rent and rent for a few years, and that super cheap mortgage will subsidize a more expensive rental home near schools.

I know this must be shocking to you, but not everyone wants to live WOTP. I have never wanted to live in bland Upper Caucasia.

+1. We could afford to live WOTP and no interest. We wanted to be closer to downtown and more urban and diverse. Also no way are we interested in doing any hellish commute like PP above to WOTP. Our kid is in one of the immersion charters and that works for us.

[Anonymous]

How are you closer to downtown in Brookland? Upper Caucasia is well closer. That’s basic geography you don’t even need a private school education for

[Anonymous]

Anonymous wrote:How are you closer to downtown in Brookland? Upper Caucasia is well closer. That’s basic geography you don’t even need a private school education for

DP here, but Google Maps says 5.4 miles drive to Metro Center right now from Tenleytown metro, Brookland metro is 3.9.

To Farragut North its almost the same, but Brookland closer by 0.1 miles.

[Anonymous]

Anonymous wrote:How are you closer to downtown in Brookland? Upper Caucasia is well closer. That’s basic geography you don’t even need a private school education for

North Capitol St takes you right to the mall. It’s a pretty straight shot then PA ave to wherever downtown. There is no way you are getting to downtown faster by car.

And it’s even faster evenings and in weekends to go to events and do things.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stats say NW appreciates the most

Went to Brookland, was burglared and almost shot, never stepped foot in again. Good riddance

Where and when? I've lived in Brookland twice. Was wonderful both times.

12 and the middle of the alphabet, not that long ago. Why don’t you post a few entries from the daily listserve stuff? That tells the story.

12th & the middle of the alphabet? Like M?/Q? That’s not Brookland. Brookland goes from Franklin to Michigan and 9th to 22nd (approx).

[Anonymous]

Anonymous wrote:

Anonymous wrote:How are you closer to downtown in Brookland? Upper Caucasia is well closer. That’s basic geography you don’t even need a private school education for

DP here, but Google Maps says 5.4 miles drive to Metro Center right now from Tenleytown metro, Brookland metro is 3.9.

To Farragut North its almost the same, but Brookland closer by 0.1 miles.

I see. Metro Center to TenleyTown. That’s oddly specific and who lives in Tenley? Also why MC - Macys?

Try Woodley Park, try 14 & U, the White House

Also the roads suck so it takes you ages to Brookland

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stats say NW appreciates the most

Went to Brookland, was burglared and almost shot, never stepped foot in again. Good riddance

Where and when? I've lived in Brookland twice. Was wonderful both times.

12 and the middle of the alphabet, not that long ago. Why don’t you post a few entries from the daily listserve stuff? That tells the story.

12th & the middle of the alphabet? Like M?/Q? That’s not Brookland. Brookland goes from Franklin to Michigan and 9th to 22nd (approx).

Below M and stop pretending and gaslighting buyers

[Anonymous]

Every 2nd report on the listserve is of gunfire and/or people casing houses in broad daylight. You want to live like that be my guest. When we left a huge weight we hadn’t even realized we carried lifted right off. Not one regret on never going back with the exception of the cloisters garden