Buying or Selling a Home in an
"Up and Coming" Neighborhood of
Washington, D.C.?

 

 

So often my buyer clients ask my opinion on Washington, D.C.'s "up and coming" neighborhoods.  They're interested in understanding where the next big wave of development is occurring or will occur in the foreseeable future.  Most buyers want to know because they want to try to outpace the broader D.C. market for return on investment when they sell.  That's the potential upside of buying in an "up and coming" market.  The potential downside is that the economic and other changes never materialize, and if they do, the homeowner will have to live through the construction period.  There are no guarantees with "up and coming" neighborhoods and they're certainly not for everyone.

That having been said, my current opinion on D.C. neighborhoods to watch include the following:

    1.    Columbia Heights, N.W.
    2.    NoMa, N.W. (North of Massachusetts Avenue)
    3.    Nationals Park baseball stadium, S.E./S.W.
    4.    The Waterfront, S.W.

If you're thinking about buying something in an "up and coming" neighborhood or if you have a home in any of these neighborhoods that you're contemplating selling, please contact me.  I'd be glad to serve as your Realtor® in either transaction!

* MOL = More or Less

Contact me at:

Receptionist 703-522-0500 | Toll Free 800-760-7282
Cell 202-549-0081 | Voice Mail 703-284-9457 | Fax 703-525-0387
E-mail John.Mentis@LongandFoster.com | Web www.JohnMentis.com

Long & Foster Real Estate, Inc. | Arlington Sales Office
4600 Lee Highway | Arlington, VA  22207 | USA

 John Mentis, Internet e-Pro professional. 

The Ten Most Dependable™ Real Estate Professionals of the Washington, D.C. Area

 

Copyright © 2008 Long and Foster Real Estate, Inc.
Portions Copyright © 2008 a la mode, inc.
Another XSite by a la mode, inc. | Terms of UseSite Map
All rate, payment, and area information are estimates and approximations only.