Reply to Capitol Hill State of the Market?

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[quote=Anonymous][quote=Anonymous]You have different kinds of buyers on the Hill. All of them appreciate certain things about the neighborhood (the housing stock, and in many cases the fact that it's family friendly)

You have some buyers who appreciate how dense, urban, and connected the Hill is. They like access to public transportation, proximity to bars and restaurants, and easy commutes downtown. People in this category will view houses close to H street similar to those near Lincoln Park or Eastern Market. The thing about Hill East that will bother them is distance from other things, not higher crime. They are simply not as bothered by higher crime, and might even buy north of H Street if the price is right because for them, the urbanness of the Hill is the draw.

There's a different group who specifically come the CH because it is *less* urban than other parts of DC or even certain suburbs. They like the row houses and the walkability, but they aren't looking to be close to the hot new bars and are wary of commercial corridors generally. For people like this, anything within a block of H is a no, a lot of Eastern Market/Barracks Row is a no, anything north of H obviously a no, and Hill East probably also a no unless they get something IB for Maury (and the buyers in this category will be most freaked out by the proposed Maury-Miner cluster so that might still be a no for them at this point).[/quote]
I think you're mostly right about this, but I'm not sure the first group of buyers isn't bothered by higher crime at all.  Instead, I think they compare crime around H Street or Hill East to other areas in DC that are close to bars, restaurants, and transportation, like Petworth or Columbia Heights.

When I rented in Capitol Hill (alas, I'm still priced out as a buyer), I was in that second group.  The thing about the area you describe, though, is that it's still not exactly far from H Street or Eastern Market.  I lived about a 15 minute walk from each, which was plenty close when I wanted to go to a bar or the market, but not so close that I had to deal with H Street noise or the fun that's parking near Eastern Market on a weekend.  It's ideally situated IMO (unless you want to be 10 minutes form a Metro station).  That's why it's expensive, and why H Street, Hill East, and North of H don't really compare.

For me, there's a meaningful difference between the Capitol Hill Historic District and everything else that's technically "Capitol Hill."[/quote]

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