Why Does the Market Love Takoma Park Right Now?

Why Does the Market Love Takoma Park Right Now?

 

REAL ESTATE values in Takoma Park have been steadily increasing over the past year.

At Dolci Gelati Café on April 8, 2015, two Takoma Park real estate professionals took a break from work to explore why.

 Locals Jonathan Montgomery of the Real Estate Appraisal Group and Dan Metcaff of the Finn Family Group took some time to talk about how major changes to the city over the past decade have turned Takoma Park into what it is today. 

In this interview, the two discuss how several new local businesses, improvements to the transportation system, the local farmers market, and other things work together to justify the rising real estate values across Takoma Park.  

 

 

Jonathan:  Now I really wanted to talk about Takoma Park.  So thanks for coming out with me Dan and hanging out with me, I wanted to ask you: why do you think Takoma Park is special?

 

Dan: I mean, I think it does come down to community….  my parents have always said it’s like a University town without the university.  When I was a kid growing up it seems like everybody was like a labor lawyer or an environmental lawyer.  It’s a great place… we’ve got a lot of parks, and a farmers market, a lot of festivals.  It’s nice for people to be here.

 

Jonathan: When you tell people about Takoma Park, what do you tell them “you gotta check this out”?

 

Dan:  I always say the farmers market.  The town is the people, the people are the town.  That’s where you’re going to see them.  Every Sunday, all year round from 10am-2pm.  Then again, I’ve grown up here… when I was a kid it was just some seasonal veggies.  Now it’s baked goods, dairy, and meat (if you eat it).  And Wine once a month.  There’s a banjo man, and a juggler.  It is fun for kids, it is fun for adults, and it is where your gonna find them.

For more, watch the full interview in the video above.

 

 

 

 

 

 

 To see market trends for anywhere in DC, VA, or MD, click here,   For more useful articles, click here.

 

Washington Appraiser Jonathan Montgomery is the founder and president of the The Real Estate Appraisal Group, and has been a real estate professional since 1998. He has been a broker, an investor, and currently works full-time  as an appraiser.  He enjoys handling real estate appraisals in Washington D.C., Southern Maryland, and Northern Virginia.

 

 

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