1:32:
I agree with you 100%. Ditmas Park is already out of hand due to the small supply of quality homes on the market. Most of the homes are in need of a major renovation. A few houses in DP and Midwood are on the market right now that are not great deals (need a lot of work or located in less than ideal locations - near Foster.)
If you are price sensitive, I would look at the other side of Ocean Parkway in Kensington.
Our friends just bought a similar house - 1700 square feet with only 1.5 baths for $637k a few months ago. It sounds like it is in far better shape than the Dorchester house, but still needs $25k work with new boiler, roof and wall. The "problem" in Kensington is that the demographics are not as yuppie as DP since it has a lot of religious people (Orthodox Jews) and immigrants (Russian and Bangladeshi) so the amenities are two steps below Park Slope, Brooklyn Heights, etc. Many of the houses have also been poorly upgraded over the years. Good luck..
1:32:
I agree with you 100%. Ditmas Park is already out of hand due to the small supply of quality homes on the market. Most of the homes are in need of a major renovation. A few houses in DP and Midwood are on the market right now that are not great deals (need a lot of work or located in less than ideal locations - near Foster.)
If you are price sensitive, I would look at the other side of Ocean Parkway in Kensington.
Our friends just bought a similar house - 1700 square feet with only 1.5 baths for $637k a few months ago. It sounds like it is in far better shape than the Dorchester house, but still needs $25k work with new boiler, roof and wall. The "problem" in Kensington is that the demographics are not as yuppie as DP since it has a lot of religious people (Orthodox Jews) and immigrants (Russian and Bangladeshi) so the amenities are two steps below Park Slope, Brooklyn Heights, etc. Many of the houses have also been poorly upgraded over the years. Good luck..
Posted by: MrKotter at September 17, 2007 9:00 PM in response to House of the Day: 190 Lincoln Road