Real Estate Investing: Ashburton, Baltimore with Marc Hayes, Realtor

Real Estate Investing in Ashburton, Baltimore with Marc Hayes, Realtor

Overview of Ashburton
Ashburton is a historic and predominantly residential neighborhood located in the western part of Baltimore, Maryland. Known for its well-maintained homes, tree-lined streets, and strong sense of community, Ashburton has long been regarded as one of the city's more stable and desirable neighborhoods. The neighborhood is characterized by a mix of single-family homes, row houses, and a few multi-family units, making it appealing to a variety of homebuyers and investors.

Housing Inventory
The housing inventory in Ashburton primarily consists of well-preserved homes built between the 1920s and 1960s, showcasing classic architectural styles like Colonial, Tudor, and Cape Cod. As of the latest data, the neighborhood has approximately 1,200 residential properties.

Available Housing Approximately 8% of the total housing units in Ashburton are currently on the market. This translates to about 96 homes available for purchase. The available properties range from smaller, more affordable row houses to larger single-family homes with significant square footage and yard space.

Occupied Housing: About 92% of the homes in Ashburton are occupied, either by homeowners or tenants. This high occupancy rate reflects the neighborhood's stability and desirability, making it a less speculative but more secure investment environment.





Investment Potential
For investors, Ashburton presents a unique opportunity. The neighborhood's stability, combined with its historic charm, makes it an attractive location for long-term investments. Here are some key considerations:

Property Appreciation: Ashburton has seen steady property appreciation over the years. While it may not offer the rapid gains found in more volatile markets, it provides consistent and reliable growth, which is ideal for conservative investors.

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**Development Opportunities**: While much of Ashburton is already developed, there may be opportunities for investors interested in renovation or rehabilitation projects. Restoring older homes to their former glory can be a profitable venture, given the neighborhood's appreciation for its historic character.

Conclusion
Ashburton stands out as a well-established, stable neighborhood with a strong community spirit and a rich architectural heritage. The limited availability of homes for sale, combined with high occupancy rates, reflects a high demand for housing in the area, making it a solid investment choice. With quality schools and a supportive community, Ashburton is also an ideal location for homebuyers looking for a family-friendly environment. Investors looking for long-term appreciation and reliable rental income will find Ashburton to be a promising addition to their portfolio.
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