D.C. real estate website Curbed selected three up-and-coming neighborhoods in the district to watch in 2018:
Deanwood
Where it is:
*Northeast Washington, a 2-square-mile community east of the Anacostia River
Real estate landscape:
*Mostly detached single-family homes along with rowhouses, duplexes, and a few apartment buildings
Why it could see a 2018 resurgence:
*Ranked #7 on Redfin’s “hottest” U.S. neighborhoods of 2017
*Access to 4 nearby Metro stations (Deanwood & Minnesota Ave on the Orange Line; Benning Rd & Capitol Heights on the Blue & Silver Lines)
*15 minutes from downtown Washington
*Small-town appeal & several longstanding businesses
*31.4% of homes sold at a premium
*New town center being developed
*Anticipated renovation of historic Strand Theater
Hillcrest
Where it is:
*Southeast quadrant, bounded by Pennsylvania Avenue SE to the northeast, Southern Avenue to the southeast & Naylor Rd to the west
Real estate landscape:
*Mostly detached single-family homes on sizable lots, mainly in the Colonial & Tudor styles; few apartment buildings
Why it could see a 2018 resurgence:
*Diverse housing stock
*Median sales price of $505,000, below D.C.’s median of $555,000
*Family-friendly, tree-lined streets with a peaceful, suburban feel
*Short distance from Good Hope Marketplace & Penn Branch Shopping Center, with abundant retail options
*3 miles from Capitol Hill
Mayfair/Hillbrook
Where it is:
*Northeast D.C., adjacent to Deanwood
Real estate landscape:
*Mostly detached single-family homes & rowhouses
Why it could see a 2018 resurgence:
*The median real estate price of $315,000 is well below the D.C. average
*Anticipated by Zillow to be 2017’s fastest growing neighborhood of the year, with a 6.6% projected home value growth rate
*Median home values increased 20% in the first half of the year