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Old 04-17-2015, 09:31 PM
13 posts, read 16,734 times
Reputation: 30


I'd like this house to also be an investment which will appreciate decently in the next few years so I'm searching for housing in the up and coming neighborhoods

So far, I've zeroed in on
  1. South Philly, around Oregon Station
  2. South Kensington
  3. Pennsport

My main criteria are - 2+ BR, easy parking for a car (street parking okay) and a couple of motorcycles. Is this doable within 200k in these areas? I'm not super worried about the school district at this time
Also, what do you guys think of the value appreciation in these areas over the next 3-4 years?

Edit: I just found the standard questionnaire so here goes

When are you moving?

Been living in University City for the last 3 years

Where are you coming from?

Right here

Why are you moving?

Buy a house

Where will you be working?

Center City

Have you been here yet?


Will you buy or rent?


If buying, are you looking for a house or a condo? How much can you spend?

Either (200k)

Do you prefer hi-rise or walk up?

No Preference

Do you have a preference of living in a NJ or PA suburb?

I'd rather live in the city

Are you married or single? Do you have children?


Do you prefer public or private schools?

Not applicable

Do you have pets?

Yes, a dog

Do you want or need a yard?

Yes but not a dealbreaker

Are you keeping a car?


Do you prefer bustling activity or calm and quiet?

Close to activity but calm around the house

What do you want to be closest to?
Basic services (supermarket, drugstore, etc.)
Train or subway stations

Do you want to live with people of a similar age, race, religion or sexual preference or do you prefer a diverse neighborhood?

Doesn't matter

Coke or Pepsi?


Last edited by vparatala; 04-17-2015 at 09:44 PM.. Reason: Included the questionnaire
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Old 04-18-2015, 05:34 PM
7 posts, read 5,943 times
Reputation: 10
um parking is notoriously bad in south philly and pennsport is in south philly. Kensington it depends usually where there is more parking is due to vacancy so you probably don't want to live there or maybe you do whatever floats your boat. They all have a realatively bustling area while also having quiet side streets good luck!
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Old 04-18-2015, 07:47 PM
Location: Philadelphia, PA
1,567 posts, read 2,972,344 times
Reputation: 1662
Out of those three areas, I'd say South Kensington for potential appreciation. Pennsport and Oregon Station areas are and have been stable for decades. Most of Kensington has been depressed and parts of it are seeing spillover investment from Fishtown. There's amazing potential there. You just need to do your research.
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Old 04-22-2015, 12:33 PM
Location: Philadelphia
12,001 posts, read 12,263,344 times
Reputation: 8319
Yeah, South Kensington would be your best bet out of those. As mentioned, Oregon Ave and Pennsport are fairly stable areas already. If you're intent on South Philly I'd focus on subway stops closer to Center City, with more room for home appreciation. Gray's Ferry is another interesting option.
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