If I had money to invest in real-estate, H Street, or Near Northeast, or whatever people are labeling the area, is definitely where I’d buy. The area has a nice housing stock, consisting of many historic rowhouses. Some need work, while others are already in the process of renovation. Though it’s not “well connected” to the rest of the city at the moment, the new streetcar should change that, as soon as it begins operating.
A lot of people look at neighborhoods in urban areas and comment about the amazing transformation that has occurred over the years. Everyone knows of at least one that many people used to avoid that’s transformed into something that’s incredibly desirable. H Street is interesting because you can literally see it happening right now. It’s like being able to see 10 years into the future, knowing more or less what the neighborhood will become.
Rob Pitingolo blogs at Extraordinary Observations. The Local Blog Network is a group of bloggers from around the D.C. region who have agreed to make regular contributions to All Opinions Are Local.