Is the rumored increase in demand for property on Beacon Hill (particularly around the North Beacon light rail station) starting to kick in? Two local real estate blogs have recently touted Beacon Hill as the place to be.
“When people ask me where I think it would be wise to invest, I point their sights south to Beacon Hill. Otherwise known as NoBeHi or SoBeHi, North/South Beacon Hill has incredible values and views with unbelievable proximity to downtown’s core. With the Light Rail on its way, it is one more reason this much overlooked neighborhood needs a second chance.”
“One ingredient that makes a deal a deal is knowing about something that is going to be popular before it becomes popular. Right now there are not a lot of people, even in Seattle, that know much about North Beacon Hill. It is one of the few undiscovered neighborhoods left in Seattle. It is my opinion that very soon that is all going to change. The main reasons for this upcoming change is its location to Downtown Seattle (5 minutes away – and no need to use the freeway), I-5, and I-90 (easy access to the Eastside), and the soon to open North Beacon Hill light rail station.”
Will Beacon Hill be “discovered”? People have been predicting it for years, but now that the light rail is opening there may actually be some new momentum. Time will tell.