Old Town Oakland has been improving over the past few years. Mainly due to the revamping of the night life and restaurant scene. The benefit to Old Town is the convenience of being able to walk or take BART from home which is becoming more and more popular.

I am a third generation Oaklander and second generation Oakland Realtor and have watched many neighborhoods change and one of the greatest changes is in areas near transit. i.e.. Rockridge and Adam's Point / Lake Merritt. Rockridge was a lower valued neighborhood that didn't transition until the late 80's. Lake Merritt became popular the last 10 years.

As for the condo. It would depend on which condo complex. Some, lack charm or have poor location which have huge effects on the current and re-sale values. If you are curious about a particular property I am more than happy to give you a more specific answer.

On a more fun note. Old Town has some awesome spots to check out which is also why the popularity will increase.

Levende East, The Trappist, Pacific Coast Brewery, Luka's Tap Room , Cafe' van Kleefs and some other great restaurants.

Hope this gives you a little better of an idea.

Tiffany Copland
tiffany@coplandteam.com

I'm guessing you may be right about the future of Old Town, but I would suggest that you not get "stars in your eyes" about it until you also look in some other neighborhoods that meet your needs and budget.