Real Estate 2018: What to ExpectAs we head into a new year, the most common question we receive is, “What’s the outlook for real estate in 2018?” It’s not just potential buyers and
The Brooklyn neighborhood is located in southeast Portland, just north of Sellwood-Moreland. While home buyers have long loved Southeast Portland neighborhoods, close-in Brooklyn has been a bit isolated and somewhat overlooked. That is changing, and the change should accelerate with next fall’s scheduled opening of the MAX Orange Line to Milwaukie and the bike, rail and pedestrian bridge across the Willamette River. The median list price in Brooklyn of $340,000, compares favorably, from a buyer’s point of view, with nearby Sellwood, where the median list price is $409,000. Brooklyn is in a great location as it is in close proximity to some of Portland’s most hip and popular neighborhoods, and feels very community friendly, safe and family focused.
Brooklyn is home to some adorable neighborhood parks. Brooklyn Park includes a basketball court, horseshoe pit, picnic tables, playground, and a softball field. They have socials and movies through out the summer and they even put out a giant slip and slide when temperatures reach a scorching high. The big hill also makes it great place to sled when Portland sees snow. Powell Park is also in Brooklyn. With a picnic area, baseball field, basketball court, playground, soccer field, and volleyball court, it has all your bases covered.
Brooklyn, like most of its close-by sister neighborhoods, is fiercely independent and has a high number of locally owned businesses who thrive due to overwhelming local support. If you need your bike repaired in time to ride across the new bridge, stop in at the never snobby WTF Bikes. Maybe your mantel is in need of a hand blown piece of glass artwork? Find something stunning at Bullseye Glass Company. Stop into the consignment shop, Hazel & Pear, if your child is in need of cool hipster wear, but you can’t bear to pay big bucks for something they will outgrow in six months. Of course no PDX neighborhood is complete without an antiques store, and Brooklyn Mall has everything from mid century modern furniture to porcelain lights, collectibles, rugs and home furnishings.
While a plethora of eateries are in surrounding areas, Brooklyn has it’s own restaurants that are worth sticking around the neighborhood at mealtime. Portlanders of course start with their brunch, and in Brooklyn, the best breakfast is at Sanborn’s. Try their savory German pancake with Hungarian sausage, mozzarella, mushrooms and paprika or try their house made hollandaise sauce on the eggs Benedict. Brooklyn Houseis a popular farm to table spot that accommodates all the gluten free eaters. Edelwiess Sausage & Deli is packed with all sorts of German meat, sausage, cheese, bread, candy, pickled stuff, and even cookies. Of course don’t skip the food carts. Satisfy your all BBQ cravings from tangy wings to brisket sandwiches at These Guys Brooklyn food cart.
Homes run the gamut, from classic Bungalow, to Cape Cod, Four Square and more. You’ll also find new construction condos and apartments peppered around the the area. If you want to get in on the real estate here before the Max Line comes through and drives up the prices, check out homes for sale in Brooklyn.
Your Portland Metro Broker with over 15 years experience Shawn remains continuously updated on market trends, financing and legal reforms, so he can help you make informed decisions. The real estat....