Move Into the Zone—Residents
Finding a home in the 16:62 Design Zone places you in the heart
of Pittsburgh's most unique and conveniently located neighborhoods.
The diversity of the residential housing in Lawrenceville and The
Strip District allows options for different styles and budgets.
Both neighborhoods are home to thriving business districts and other
amenities such as parks and schools.
Housing in the Lawrenceville community offers a unique mixture
of single-family historic type houses, row houses, and modern townhouses.
Loft housing has become a popular living option in the former warehouses
and business buildings of both Lawrenceville and The Strip District.
Many of the older homes were built before the 1940s and are densely
developed, but are wonderful restorable treasures. Due to the aging
populations of Lawrenceville residents, there are a growing number
of older houses available. Although Lawrenceville housing is older,
restoration of the architecture has been possible on many buildings
because the houses were well constructed.
The cost of housing in the Lawrenceville area is as diverse as
its housing styles. Currently, the average cost for a single dwelling
home of moderate size can range from $35,000 to $60,000. Larger,
recently renovated, or well-maintained homes may reach prices as
high as $125,000, and many older row houses are available for less
than $25,000. The new loft housing is exclusively priced. Loft housing
rental fees may range from $800 to $1,500 per month per unit, and
condominium lofts may sell for $90,000 and upwards.
Local Financing Sources
If you are interested in purchasing residential
or commercial property in the 16:62 Design Zone, local lending
institutions can help.
Contact the following organizations to learn about their current
Allegheny Valley Bank
We are proud of our history,
our people, and the communities we serve. A special thanks to all
of you who have contributed
our success: our shareholders, our employees, and you, our
valued customers. Learn more at: http://www.avbpgh.com
The Urban Redevelopment Authority (URA)
The URA operates housing programs and economic development programs, and an array of other activities including business assistance and financing, home ownership, and improvement financing. Visit them online at http://www.ura.org/index.html or call 412-255-6600.