I live in the Sellwood neighborhood of Portland. It is a lovely, walkable area. There are cool little cafes, a nice bakery where I buy fresh bread, a wine bar, an Italian restaurant, several Asian-themed restaurants, an art space, yoga studios, a library, a high-end grocery store, a spice shop, a tea shop, a bike shope, and more. And this is all within seven blocks. I live within a half mile of two nice parks, too. So you bet that walkability score is going through the roof. And with that, and nice old homes, comes hefty home prices. I did a quick scan on Zillow, and houses near me, not much different than the two smaller ones you see here, range from $500,000 to $800,000. These larger homes I have captured too would be well over $1 million.
One reason I left Seattle was because of out of control price escalation and the influx of flippers who had in several years literally priced out anyone lower class from my old neighborhood. Guess I have landed in the middle of that again in Portland. (Read and listen to this nice story by Marketplace on gentrification.) The problem is, I like walkable neighborhoods. I just will not ever be able to afford a home in one. So, I continue to rent, which is my choice, and I’m fine with that.
Click on each photograph to see a larger picture on a separate picture page.