Located at the northeastern corner of Washington D.C. is a neighborhood, Ivy City, just off the New York Avenue. This neighbourhood is most famous as a home base for food and liquor manufacturers. Ivy City is a warehouse hub and bustles with various business activities. The neighbourhood is charged with fine restaurants and breweries that are appreciable. Ivy City is an ancient neighbourhood that was established in the late 1800s.
Popular Spots in Ivy City
As has been mentioned before, Ivy City nestles various diners and liquor stores. There is a popular seafood restaurant the Ivy City Smokehouse that serves famous salmon with honey. You can also visit a distillery such as The Ivy Room Bar and taste its famed Borough Bourbon or the Civic Vodka. There are various other bars and event spaces in the neighbourhood. Another really popular public spot in Ivy City is the U.S. National Arboretum. It hosts a variety of valuable plants and exotic flower collection. The arboretum is open for public visit daily 8:00 a.m. to 4:30 p.m.
Schools in Ivy City
If you wish to buy a place in Ivy City, you must want to know about the schools in and near the neighbourhood. Ivy City hosts the historically significant Alexander Crummell School. Another great elementary school is the Wheatley Education Campus famous for its quality education and teaching methods. In addition, the Dunbar High School is also nearby. Gallaudet University which is a private institution is also in close proximity.
The crime rate in Ivy City
The rate of violent crime in Ivy City is quite low. Most frequent crimes are theft or robbery. However, the overall crime rate might be considered higher than other Washington D.C. neighbourhoods.
Market Snapshot of real estate in Ivy City
Real estate trend in the Ivy City suggests the median price of a house to be around $500,000 and the median rent for a unit is around $2000 to $2500. A whopping appreciation rate of 68% has been observed in Ivy City real estate in the past 5 years. However, the price of around $300 per square foot in Ivy City is still quite below the average in fellow neighbourhoods. If you are a student, you can save up a lot of money by taking up a unit for rent in Ivy City.
With the incursion of high-income residents in the recent years, the neighbourhood is improving in its environment by a considerable extent. It has also helped the quality of residences in this area to upgrade. There are a number of old houses that can be taken up after renovation. But most residential units are well-built. Ivy City hosts a large number of industrial complexes within its borders. Real estate is cheaper as compared to other D.C. neighbourhoods. All in all, Ivy City still has a lot of room for improvement, be it the infrastructure of its buildings or safety. However, the condition is expected to better in the coming years.