Faison Education Donation
Here’s your chance to support Capitol Hill’s schools in
a big way with no effort or expense to you.
It’s simple. Tom will contribute 20% of his commission on
any real estate sale or purchase to the Capitol Hill school of your choice.
All you have to do is state your interest in the “Capitol
Hill Education Fund” during your first meeting with The Tom
Faison Group. When the transaction is complete—sale or purchase—you
can designate the Capitol Hill school of your choosing to be beneficiary
of the award. What’s more, the contribution is made in your
name. (In 2003, Tom expects to contribute in excess of $15.000 Capitol
Hill schools on his clients’ behalf.)
Please, don’t miss out on this win/win opportunity.
Be sure to mention your interest in the Capitol
Hill Education Fund at your first meeting with Tom. You don’t
have to have children who attend school on the Hill, just a concern for—and
a desire to help—the children who do.
SoFlo’s the new neighborhood
Realtor tom Faison realized the need for a new neighborhood
-SoFlo- almost two years ago, when the first house north of H St., N.E.sold
for more than $400,000.
The area above H Street N.E., below Florida Avenue N.E.,
and stretching from 3rd Street N.E. to 15th Street N.E., was a nameless
triangle of early 20th century houses – at least until Faison came
along in his shiny blue sedan.
“The market just defines it,” Faison said
last week. “There’s no where else to go and still be on the
Hill.”
He added that homebuyers are eagerly seeking such less
developed areas to take advantage of greater possible increases in value.
“They will pay more for the transitional area because there is a
perceived increase in value in the future, “he said.
Capitol Hill has been expanding for years now –
into “Near Northeast,” “HillEast” and “Barney
Circle” – as gentrification spread beyond the bounds of the
Historic district, which is roughly the Capitol out to Lincoln Park and
to F Street N.E. and S.E. Even 3rd and H streets N.W. are considered “Hill,”
at least according to the management of the Best Western Capitol Hill Hotel
there.
Those blocks (roughly 40) and streets above H Street
N.E., the slowly recovering business corridor to the north, were long considered
beyond the limits of Capitol Hill – and were plagued with crime and
drug problem as well. But Florida Avenue N.E. (known as “Boundary”
Avenue in the past century because beyond it, cows and fields still ruled)
marked the limit of row house building for many years.
The result is a kind of architectural border to Capitol
Hill. As it was 19th and early 20th century row house architecture that
drew the restoration crowd to begin with, Florida Avenue becomes the limit
– there are almost no old row houses above that line. Another defining
element is the elegant Victorian campus of Galaudet University, stretching
from 4th to 10th Street N.E.
What’s in Soflo? Lots of three-story brick row
houses with basements. Experts estimate that more than 60 percent of them
were built before 1911 – the year, Faison notes, that oak flooring
in 2-inch widths became popular, replacing the earlier (and, to many, treasured)
heart pine floors.
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