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Old 06-23-2009, 06:39 PM
 
39 posts, read 100,652 times
Reputation: 31

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Clifton, generally defined, lies between Brownsboro and I-64 from Mellwood Ave on the west side to Ewing Ave on the east. Frankfort bisects the neighborhood and given the price range you're looking for (and desire to increase property value) I'd have to suggest looking to the north of Frankfort and from Coral Ave east.

This vicinity seems to be improving as younger, tending towards artsier, buyers are moving in and older residents move out. It will be far harder for you to find something on the upper end of your price range in this vicinity than something on the lower end worth restoring. As far as Crescent Hill, as a rule I tend to prefer the streets and neighborhoods on the south side of Frankfort although it is notably less hit or mess, notably higher prices and (in my opinion) not as vibrant as Clifton is.

Quote:
Originally Posted by im2bob View Post
Yes, we are thinking about restaurants and, to some extent, the nightlife. Also, and probably more importantly, we would like to find some diversity in the people.

Can you recommend a specific area of Clifton? Where does Clifton stop and Crescent Hill start?

Also, are people buying and improving homes in Clifton? I'd like to get a sense of what property values might do over 10 years. Also, we would consider a major renovation if the price was right to begin with.

To the poster who mentioned Anchorage, that's not my style. Homes are too far apart and I would rather not pay those taxes to support the school when I don't have younguns anymore.
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Old 06-23-2009, 10:54 PM
 
Location: Kentucky
666 posts, read 2,202,643 times
Reputation: 274
Many people are doing exactly what you are wanting to do, they buy a fixer-upper or an outdated house for a good price and remodel the whole thing. You will find a lot of houses in the Clifton/Crescent Hill area that have already been remodeled, and ones that need some TLC, so it is up to you what you want to do. The good thing about getting a fixer-upper is you can remodel it exactly how you want it, but the downside is it isn't move in ready and it takes some time and effort, rather then getting a house that is already remodeled.
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Old 06-24-2009, 08:33 PM
 
35 posts, read 70,176 times
Reputation: 22
IMO the homes along Easten Pkwy are beautiful, the area is diverse and close to downtown. Audubon Park has beautiful homes...again not far from downtown. There are also some lovely homes in the Trevilian Way/Newburg Rd area...not sure what that area is called. I shopped around in the historic 3rd street/southern pkwy area and saw some really nice homes, some which have already been updated and are in your range. Someone mentioned Cherokee Triangle...that area is very nice.
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