Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
The Pigtown options are much better for his financial situation. I do think he could make it work. Pigtown is right off the entry into the city and depending on his hours the drive doesn't have to be that bad. Pigtown also offers more room for appreciation, methinks, as people are being priced out of Fed Hill/Riverside and are now starting to look into Pigtown. The area, while not perfect, has cleaned up quite a bit compared to a decade ago.
Pigtown is not a better option for appreciation and is much less safer. The house in Riverside is a couple blocks from a $1B+ development (Port Covington) that is literally going to reshape Baltimore and be a city within a city. Saying that it is a worse investment that a home in Pigtown, which people have been saying is "up-and-coming" for decades and is not too far from West Baltimore's worst neighborhoods, is just false.
Port Covington is far from a sure thing, and it isn't particularly safe right now. Nor does it help his commute.
OP, look closer to Fort Meade, you will be far happier spending a hour or two less in your car.
what? port covington is completely safe now because there is almost nothing there. and while the development is not 100% sure, it is pretty likely. 'far from a sure' thing is not accurate.
Anonymous wrote:Some of you seem to have no clue where Fort Meade is. It's not anywhere close to the Baltimore to DC commute.
Anonymous wrote:OP here, thanks everyone for the feedback. Just for clarification, I am trying to keep my budget under $220k. I make good money, but want to get the cheapest housing possible as I am trying to save and possibly retire early sometime in the future.
I was interested in Pigtown due to the prices and the neighborhood may be on the rise with the new homes being renovated and the brewery there just opening. I will also check Federal Hill. I just want to be close to 95 and 295 to cut down on my commute time. I am aware of Baltimore's issues but I think as long I am not in the middle of the "bad areas" I should be ok with some good street sense.
Anonymous wrote:Op was looking at places priced at less than $200,000. He isn’t going to find that in Federal Hill, Canton, or Fell’s Point.
Anonymous wrote:Anonymous wrote:Anonymous wrote:
The Pigtown options are much better for his financial situation. I do think he could make it work. Pigtown is right off the entry into the city and depending on his hours the drive doesn't have to be that bad. Pigtown also offers more room for appreciation, methinks, as people are being priced out of Fed Hill/Riverside and are now starting to look into Pigtown. The area, while not perfect, has cleaned up quite a bit compared to a decade ago.
Pigtown is not a better option for appreciation and is much less safer. The house in Riverside is a couple blocks from a $1B+ development (Port Covington) that is literally going to reshape Baltimore and be a city within a city. Saying that it is a worse investment that a home in Pigtown, which people have been saying is "up-and-coming" for decades and is not too far from West Baltimore's worst neighborhoods, is just false.
Port Covington is far from a sure thing, and it isn't particularly safe right now. Nor does it help his commute.
OP, look closer to Fort Meade, you will be far happier spending a hour or two less in your car.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I would not spend that amount of time in a car, nor would I sink my money into Baltimore real estate. They are another riot away from further depressed prices. Why not rent closer to work? That whole area is inexpensive.
OP, do not listen to people like this. Baltimore has plenty of nice neighborhoods, many of which have appreciated in price since Freddie Gray.
Here's a home that is right across from Riverside Park and within waling distance to the $1B+ Port Covington development, which will house the new Under Armour Headquarters. This would be a reasonable commute to Fort Meade:
https://www.redfin.com/MD/Baltimore/1741-Covington-St-21230/home/11020476
This will take some sweat equity, but it would be worth it once Port Covington comes around. Here's a home that sold two blocks away to give you a frame of reference about what stuff sells for when it's fixed up:
https://www.redfin.com/MD/Baltimore/1532-Covington-St-21230/home/11885715
The Rah Rah Baltimore booster has found you. The commute to Fort Meade is reasonable only if you want an hour plus commute.
This is ridiculous. Stop. Google Maps does not agree with you, nor does anyone who's actually done that commute. The commute time from Capitol Hill to North Baltimore around 6 pm is 1:30 to 1:45. There is no way it takes 1 hour to do a reverse commute from the edge of South Baltimore to Fort Meade.
Who said anything about Capitol Hill? OP is commuting to Ft Meade which is significantly closer to Baltimore than Capitol Hill. And you don't have to deal with the traffic that builds up south of MD-32, south of I-495 or in-bound on any of the routes (NY Ave, Benning Rd, PA Ave).
Like another poster, I would recommend the OP look at the Federal Hill area. I know two single guys in the same age range who bought in that area for a commute to NASA, just down the road from Ft Meade and they said that commute was good most days, but bad occasionally. The Federal Hill properties are much better bang for the buck and appreciation than anywhere in West Baltimore.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I would not spend that amount of time in a car, nor would I sink my money into Baltimore real estate. They are another riot away from further depressed prices. Why not rent closer to work? That whole area is inexpensive.
OP, do not listen to people like this. Baltimore has plenty of nice neighborhoods, many of which have appreciated in price since Freddie Gray.
Here's a home that is right across from Riverside Park and within waling distance to the $1B+ Port Covington development, which will house the new Under Armour Headquarters. This would be a reasonable commute to Fort Meade:
https://www.redfin.com/MD/Baltimore/1741-Covington-St-21230/home/11020476
This will take some sweat equity, but it would be worth it once Port Covington comes around. Here's a home that sold two blocks away to give you a frame of reference about what stuff sells for when it's fixed up:
https://www.redfin.com/MD/Baltimore/1532-Covington-St-21230/home/11885715
The Rah Rah Baltimore booster has found you. The commute to Fort Meade is reasonable only if you want an hour plus commute.
This is ridiculous. Stop. Google Maps does not agree with you, nor does anyone who's actually done that commute. The commute time from Capitol Hill to North Baltimore around 6 pm is 1:30 to 1:45. There is no way it takes 1 hour to do a reverse commute from the edge of South Baltimore to Fort Meade.
Anonymous wrote:Anonymous wrote:
The Pigtown options are much better for his financial situation. I do think he could make it work. Pigtown is right off the entry into the city and depending on his hours the drive doesn't have to be that bad. Pigtown also offers more room for appreciation, methinks, as people are being priced out of Fed Hill/Riverside and are now starting to look into Pigtown. The area, while not perfect, has cleaned up quite a bit compared to a decade ago.
Pigtown is not a better option for appreciation and is much less safer. The house in Riverside is a couple blocks from a $1B+ development (Port Covington) that is literally going to reshape Baltimore and be a city within a city. Saying that it is a worse investment that a home in Pigtown, which people have been saying is "up-and-coming" for decades and is not too far from West Baltimore's worst neighborhoods, is just false.