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Location: Chapel Hill, NC, formerly NoVA and Phila
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Quote:
Originally Posted by Sean_CLT
In the 1980s it had some empty storefronts. The News and Observer would occasionally have articles discussing what could be done to "bring it back" because so much of the shopping had moved out to CrabTree. There were other articles about "adventerous" people willing to buy and invest in places like Boylan Heights.
Interesting to know that. Glad to see that people moved back downtown! It reminded me of the area around Chevy Chase in DC. It is expensive, though, but most nice downtown areas in cities are! It seems like a convenient, fun place to live.
ITB is essentially what the city was before it exploded with growth starting with the IBM influx in the 60s. The area is venerated because it's usually seen as being more people centric and scaled as such. For enough money (well....a lot of money), one can have a huge house on a great sized lot in a quiet neighborhood within just a couple of miles of DT Raleigh, Crabtree Valley, North Hills, Cameron Village & NC State. For those who can afford it, it's the best of all worlds in Raleigh. Since the 80s, periphery neighborhoods like on the east side of Five Points, Mordecai, Glenwood Brooklyn and Oakwood have been gentrified and/or restored.
While ITB can mean all of the area bounded by the Beltline, it usually means the NW quadrant of the area from NC State to Capital Boulevard and inclusive of all DT immediate neighborhoods.
Pretty much as good of an explanation of ITB as one could get.
There are still deals to be had inside the belt line. You just need a GOOD realtor that knows this area REALLY REALLY well, and patience. I have seen houses on my street go very low and very high…all based on who is paying attention (sellers and buyers). We are all still a little upset with one of our neighbors who priced their house VERY low…and it sold in 24 hours. Are you going to be able to get a deal on one of the newly finished McMAnsions? Of course not…they need to get their money back. But there are some amazing old houses on huge lots that go for way less than they should….you will need to do some up fit…but it will be worth it. The bones on most of these houses are way better than the new construction.
Last edited by Usedtobe VaNC; 06-05-2014 at 03:29 PM..
ITB is essentially what the city was before it exploded with growth starting with the IBM influx in the 60s. The area is venerated because it's usually seen as being more people centric and scaled as such. For enough money (well....a lot of money), one can have a huge house on a great sized lot in a quiet neighborhood within just a couple of miles of DT Raleigh, Crabtree Valley, North Hills, Cameron Village & NC State. For those who can afford it, it's the best of all worlds in Raleigh. Since the 80s, periphery neighborhoods like on the east side of Five Points, Mordecai, Glenwood Brooklyn and Oakwood have been gentrified and/or restored.
While ITB can mean all of the area bounded by the Beltline, it usually means the NW quadrant of the area from NC State to Capital Boulevard and inclusive of all DT immediate neighborhoods.
Since attending NC State, I was bitten by the ITB bug and have made my home there ever since. I've lived in an old apartment near Meredith, the "Bishop's Park" area and now the western side of Glenwood South. If I wanted a single family home, I wouldn't go far from where I am by looking just across Peace Street in Glenwood Brooklyn.
ITB is essentially what the city was before it exploded with growth starting with the IBM influx in the 60s. The area is venerated because it's usually seen as being more people centric and scaled as such. For enough money (well....a lot of money), one can have a huge house on a great sized lot in a quiet neighborhood within just a couple of miles of DT Raleigh, Crabtree Valley, North Hills, Cameron Village & NC State. For those who can afford it, it's the best of all worlds in Raleigh. Since the 80s, periphery neighborhoods like on the east side of Five Points, Mordecai, Glenwood Brooklyn and Oakwood have been gentrified and/or restored.
While ITB can mean all of the area bounded by the Beltline, it usually means the NW quadrant of the area from NC State to Capital Boulevard and inclusive of all DT immediate neighborhoods.
Since attending NC State, I was bitten by the ITB bug and have made my home there ever since. I've lived in an old apartment near Meredith, the "Bishop's Park" area and now the western side of Glenwood South. If I wanted a single family home, I wouldn't go far from where I am by looking just across Peace Street in Glenwood Brooklyn.
Quote:
Originally Posted by Usedtobe VaNC
There are still deals to be had inside the belt line. You just need a GOOD realtor that knows this area REALLY REALLY well, and patience. I have seen houses on my street go very low and very high…all based on who is paying attention (sellers and buyers). We are all still a little upset with one of our neighbors who priced their house VERY low…and it sold in 24 hours. Are you going to be able to get a deal on one of the newly finished McMAnsions? Of course not…they need to get their money back. But there are some amazing old houses on huge lots that go for way less than they should….you will need to do some up fit…but it will be worth it. The bones on most of these houses are way better than the new construction.
Both posts are on the money
We had a good realtor who knows and lives in one of the old neighborhoods... He also educated us on the pros and cons of living in an historic (read: really old) house, and showed us what our money would get us elsewhere in the city. His efforts really helped us feel we made an educated decision when we ended up in a home soon to see its 100th birthday. Love the house, love the neighborhood. Can't say that enough
It's not for everyone, living in an old close neighborhood, but that's okay. That's why Raleigh and the Triangle have a choice of places for folks having differing priorities.
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