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UrbanTurf Reader Asks: Will Brentwood Turn Around?

  • March 12th 2009

by Mark Wellborn

From an UrbanTurf reader:

“I am a resident of the Brentwood neighborhood in NE DC. Do you know what the future holds for this neighborhood? Any rumors, rumblings, anything?

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.

UrbanTurf Reader Asks: Will Brentwood Turn Around?: Figure 1
Brentwood borders

UrbanTurf Reader Asks: Will Brentwood Turn Around?: Figure 2
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.

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