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Reply to "NE/SE affordability and upcoming areas?"
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[quote=Anonymous][quote=Anonymous]Looking to buy in dc, and generally would prefer Capitol Hill. Kingman park seems ok but falls off fast in terms of dilapidated homes and folks just standing around. Are there any pockets of affordability left in NE/SE besides across the Anacostia? I’d prefer to avoid way, way north dc. It’s nice up there, but far from big roads and worksites. Is the Benning Road area going to improve? What about north or west a bit? Like Carver Langston or Trinidad? Looking generally for the older Capitol Hill row home feel, but a bit more affordable…. [b]Like call it $500kmfor something decent. Is that dream gone?[/b][/quote] Unless the dream is a sub-1000k sq ft condo in a not great building on a not great block, yes, that dream is gone. You can find row houses in Carver Langston for 600-700k. Just FYI that it is rougher than Trinidad and both Bladensberg and Benning will have a lot of "folks just standing around." Trinidad itself is on a major upswing and especially in the southern half is very gentrified and nice. But prices reflect that-- a tiny row home will run 700k and up and it us now not unusual to see the larger ones go for a million or more if updated. Condo splits go for less but you are still looking at 600-700k unless it's tiny or in the rougher part of the neighborhood near Mount Olivet or both. Given these prices I do think you will see these neighborhoods continue to get safer and nicer as houses sell but this will only drive prices up higher. You can't do nice/safe AND close to everything AND still be affordable. Not in DC. There is too much money floating around.[/quote]
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