Topic: To buy or not to buy in Trinidad?
To buy or not to buy in Trinidad?
I’m a prospective first-time buyer with a fairly limited budget by D.C. standards. At this point in my search, I’ve turned up a few leads in Trinidad that are within my budget and that are renovated and nicely presented. My plan is to use a second (or third) bedroom to generate some rental income to help offset costs.
My gut check tells me that the neighborhood is only getting better, that the new Whole Foods and streetcar will add to the area’s appeal and that buying relatively cheap now will probably mean a decent return on investment in 5-10 years. I also like what I’ve seen of the neighborhood in general; it seems like it has a good community vibe. I go to NoMa and Union Market frequently, as well as H Street, and those areas are no sweat.
The only thing really keeping me out of Trinidad is, fairly or unfairly: Trinidad. I know that it’s not nearly as bad now as it used to be, but I’m still a little skittish. Then again, I have a feeling that I might look back in a few years and kick myself for not buying there. I’ve been in D.C. for a while now but not long enough to have been able to buy in any neighborhood when it was still on the way up.
So, what say you, PoPville? Is it worth getting a nice-priced property with rental potential in a neighborhood that’s still developing and overcoming its, well, reputation?