Well, that’s one interpretation of real estate assessments.
In general, homes in the Longfellow community and nearby Standish-Ericsson held their values better than most other parts of the city. Longfellow’s Cooper section, for example, was the only residential area in the city where the median home value didn’t fall between 2009 and 2010, in the assessor’s eyes.
Cooper is home to The Deets and a world famous pizza blogger. You could rent a place across the street from The Other Mike for $800/mo, pick up a dome home for $350k, or snap up the corner house on 46th at 33rd for $189,900. Very few properties come on the market for under $200k that close to the river.