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I have heard this term used several times - including while I have been searching apartments.
What exactly is this referring to? Is this a good area of Raleigh or is it too large of an area to determine that.
I am definitley finding out a lot of information about the small towns/cities outside of Raleigh but I am not sure exactly what areas of Raleigh are good or not?
Any Advice???
"Inside the Beltline" (ITB) is an area inside of 440 that has homes that have been around for quite a while. This is the area that was the "wealthy" area of Raleigh for so many years.
If you are looking for a home in North Raleigh, that typically sells for $150 per square foot, and ITB home may sell for $300 per sq. ft.
Of course, there are SOME areas inside the beltline, close to downtown, that are not considered "ITB".
Of course, there are SOME areas inside the beltline, close to downtown, that are not considered "ITB".
Whoa, I cry "foul" on this statement! All areas "Inside the Beltline" are indeed inside of I-440, and cannot be considered otherwise. It is merely a description of a physical location. I think what you really meant to say is that there are some areas inside the beltline that are going for far less than $300/sq ft. That is a good thing, because it means that Raleigh is a real city with diverse neighborhoods close to its city center, much like most other cities in the world. The day that all homes ITB become $300/sq ft will be a very sad day for the diversity of Raleigh.
To answer the OP's question, there are "good" and "not as good" areas Inside the Beltline, just as the same exists surrounding the city outside of 440, in that there are many upscale neighborhoods that a smaller percentage of the population will be able to afford, and there are contrasting lower-income areas as well. However, there is a bit more of a stark contrast ITB, because there is not really any middle-class housing available there - just one extreme to the other.
^Agreed with above post. There are some absolutely beautiful homes ITB but they're $Texas. There are some really run down homes ITB that are not expensive; however, many of these are rentals.
People want to live ITB because of location. It's kind of in the heart of Raleigh, so many popular parts of the area are easily accessible.
The day that all homes ITB become $300/sq ft will be a very sad day for the diversity of Raleigh.
This might happen one day, with all the house flipping and renovating going on. I've heard that ten years ago the Mordecai area was undesirable and actually somewhat dangerous. The city is renovating and building in the area just east of downtown. The area just west of the Dix property is now coveted by speculators. These were affordable areas for the lower class...
Literally speaking, “Inside the Beltline” merely means inside the loop created by Interstate 440, which encircles the older part of Raleigh. This is a large and diverse area including neighborhoods of grand multi-million dollar homes, neighborhoods of some of the most affordable houses in the city, and everything in between. Realtors often use the term “Inside the Beltline” to refer only to the wealthier parts of what is actually within the I-440 loop, and they use the term “Southeast Raleigh” to refer to the southeastern quadrant of the city, but about half of Southeast Raleigh is actually inside the beltline!
There may be a very small price premium on the areas Inside the Beltline because of the closeness to downtown and the colleges, but only a very few neighborhoods have houses selling for $300 a square foot, and this is because they are of very fine architecture and mature landscape. These are mostly in Hayes-Barton, Budleigh, the White Oak Road area and Cameron Park. And you can find houses in these neighborhoods selling for less as well.
But there are many affordable safe middle-class neighborhoods Inside the Beltline, including much of West Raleigh, Oakwood, Georgetown, Woodcrest, Longview Gardens, Belvidere Park, Mordecai, Boylan Heights, Caraleigh, and the neighborhoods near Athens Drive High School. Houses in these neighborhoods range from a high of $200 per square foot to below $100 for a fixer-upper.
The neighborhoods east of downtown are improving, but they will not become unaffordable any time soon. They are improving BECAUSE they are affordable and so much of Raleigh is not. They are and will remain diverse, and it is a good thing that they are becoming safer for the sake of the poorer folks as well as the middle-class folks who live there. We in Raleigh are very fortunate that we have no “horrible slums;” people of all incomes have safe and pleasant neighborhoods to live in. This is not due to good luck, but the dedication of the City government, working with the citizens.
Simply put..I take ITB to mean "in the city" (within the city limits, 440 or whatever) and everything else to be "suburbia" ....similar to here in Indianapolis- outside of 465 are all suburban areas and towns and ITB would for us, within 465 (n, s, e and w parts of town, within the city limits). Am I right?
Literally speaking, “Inside the Beltline” merely means inside the loop created by Interstate 440, which encircles the older part of Raleigh. This is a large and diverse area including neighborhoods of grand multi-million dollar homes, neighborhoods of some of the most affordable houses in the city, and everything in between. Realtors often use the term “Inside the Beltline” to refer only to the wealthier parts of what is actually within the I-440 loop, and they use the term “Southeast Raleigh” to refer to the southeastern quadrant of the city, but about half of Southeast Raleigh is actually inside the beltline!
There may be a very small price premium on the areas Inside the Beltline because of the closeness to downtown and the colleges, but only a very few neighborhoods have houses selling for $300 a square foot, and this is because they are of very fine architecture and mature landscape. These are mostly in Hayes-Barton, Budleigh, the White Oak Road area and Cameron Park. And you can find houses in these neighborhoods selling for less as well.
But there are many affordable safe middle-class neighborhoods Inside the Beltline, including much of West Raleigh, Oakwood, Georgetown, Woodcrest, Longview Gardens, Belvidere Park, Mordecai, Boylan Heights, Caraleigh, and the neighborhoods near Athens Drive High School. Houses in these neighborhoods range from a high of $200 per square foot to below $100 for a fixer-upper.
The neighborhoods east of downtown are improving, but they will not become unaffordable any time soon. They are improving BECAUSE they are affordable and so much of Raleigh is not. They are and will remain diverse, and it is a good thing that they are becoming safer for the sake of the poorer folks as well as the middle-class folks who live there. We in Raleigh are very fortunate that we have no “horrible slums;” people of all incomes have safe and pleasant neighborhoods to live in. This is not due to good luck, but the dedication of the City government, working with the citizens.
Yep...you explained it quite well. Thanks! Vicki
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