UrbanTurf Reader Asks: Will Brentwood Turn Around?
From an UrbanTurf reader:
I purchased a rehabbed condo back in 2006 because 1) I needed a place to live because I was sick and tired of paying rent and the increases every year and the seller was very generous and easy to deal with on the purchase; 2) I thought it’s a neighborhood in transition and maybe it will turnaround in a couple of years and become a great place to live but it’s been slow going and now I’m nervous that I’ve made a mistake in my purchase.
If you happen to obtain any information about the future of this area, please let me know. I want to know if I’ve paid $249,000 to live in [a transitional neighborhood] forever or should I just use it as a rental and move on somewhere else.”
For those of you familiar with Brentwood, please let us know your thoughts in the comments section.
For those unfamiliar with Brentwood, it’s a smaller neighborhood in Northeast DC bounded by Rhode Island Avenue to the north and New York to the south. See the map plus Brentwood market stats below, both courtesy of Redfin.
Brentwood borders
Brentwood housing market snapshot
See other articles related to: urbanturf reader asks
This article originally published at https://dc.urbanturf.com/articles/blog/urbanturf_reader_asks_will_brentwood_turn_around/652.
Most Popular... This Week • Last 30 Days • Ever
This week's Best New Listings includes a five-bedroom mid-century modern home in Beth... read »
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
- Best New Listings: Modern Homes Meet Mid-Century Aesthetics
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro