Real NEastate: Moving back

Q: I am a Northeast Philly native moving back to the Northeast after 10 years. Things have changed in the 10 years I’ve been away, and the row homes have become more expensive now. I’ve got $120,000 to spend on a home. What section of the Northeast do you suggest?

A: After the few very recent years of an up-and-down housing market, one thing is for sure, Northeast Philadelphia has still managed to grow in value within the last 10 years. That’s a good thing for our Northeast neighborhoods.

Out of the 1,640 homes currently for sale in Northeast Philadelphia, there are 345 properties for sale under $120,000. That’s more than 20 percent. Not many of those are located in the Far Northeast, but for your money, you will not have any problem finding a home in one of the many Greater Northeast neighborhoods.

Where you choose to live is a matter of personal preference, so it would be impossible for me to suggest a particular neighborhood. Homes for sale in your price range, however, include Mayfair (East and West), Wissinoming, Tacony, Lawndale and Castor Gardens.

Welcome back and good luck house hunting!

Stacey McCarthy is a real estate agent with the McCarthy Group of Keller Williams. Her Real NEastate column appears every Wednesday on NEastPhilly.com. See others here. Read other NEast Philly columns here.

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