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Thanks for the excellent feedback everyone. This helps a lot. Just some general replies from me: I'm not looking to flip it right away for a profit or become a real estate tycoon or anything. I just want a nice place to live for myself that isn't the typical suburban white box with small windows. I love these old warehouse buildings and the new lofts inside. I probably won't be there forever though, so I would like some long-term property value stability and the general consensus seems to be that the neighborhood will be ok in that respect. I would actually prefer something that is set back and not in the main drag, among retail etc. Quiet is desireable for me. I'll have to sit around there for a while one of these days and wait for a train to pass and make sure they don't lay on the horn like they do going through, say, Lakewood. I think Payne lofts might be a bit out of my price range but I'll have a look perhaps. By the way, what does "CDC" mean? Thanks again everyone.

Does anyone have any opinions they'd like to share on the Loftworks building and that neighborhood (E40th and Payne)? How's crime? Is it quiet (neighbors and outside noise)? Any opinions on the general prospects for the neighborhood and resale values of condos?