how's real estate market now with all the school boundary rezone?
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Anonymous
| being we are zoned for one of MoCo's below average schools, there is only stay the same or move up for us! |
Anonymous
| Y'all are overestimating the impact of school zoning. |
Anonymous
|
I dont see any hit. When I bought in Churchill I was told buy South of Democracy BLVD to be ensure you stay in Churchill. When I was looking the houses further North or West on fringe of boarder for Churchill went for less as the risk of being zone out of Churchill was there. It was priced in. Same for Walt Whitman, WJ and Wooten the houses barely in the district went for a lot less. Almost same as homes in the non-W school area.
To be honest they all teach same exact thing. A bright kid involved parents will do fine any school |
Anonymous
Walk zone mahy help to get assigned to a fixed school but school may look very different. Need to see what school may look like in different options. |
Anonymous
| RM clsuter is not changing much in any option so not impacted. |
Anonymous
Nah, similar houses in WJ and Einstein -- A few streets apart. You can see the difference in price. |
Anonymous
The WJ houses are actually nicer houses and neighborhoods than the “similar” Einstein ones, though. More trees, better upkeep etc. not saying that won’t change eventually, but it won’t change over night. |
Anonymous
| In whitman cluster close in. Unless they bus kids, should be no change. Thank God , we have VA next to us on the west, keep us insulated from the nonsense |
Anonymous
| Some places impact will be none or very little and some places it will be huge. |
Anonymous
| No decisions have been made. Wj families advocate and got their new school so they need to stop complaining. If higher priced houses are going down it’s not surprising given only so many can afford them. |
Anonymous
The difference is the houses not school. Plenty of million dollar houses across the tracks now that have been redone. |
Anonymous
+1 When you look at similar houses you have to squint to see the difference Here is a house zoned for WJ, sold for $760k: https://www.redfin.com/MD/Kensington/3506-Perry-Ave-20895/home/10962134 Here is a house zoned for Einstein, sold for $728k: https://www.redfin.com/MD/Kensington/2731-Jennings-Rd-20895/home/10994015 |
Anonymous
I don't have kids in school anymore, but I am in RM cluster. Plenty of million dollars homes here as well, but it's not hard to see that there is a premium for Wootton and then a bit of premium for Churchill over Wootton. Whitman goes for around 10% premium comapred to WJ for similar houses. I am not familiar with Einstein to comment but I will be shocked to see that there is no difference in prices for WJ and Einstein. Outsized number of buyers buy for schools and it ends up impacting the price. |
Anonymous
Prepare to be shocked: https://www.redfin.com/MD/Kensington/3817-Lawrence-Ave-20895/home/10991934 - zoned for Einstein, sold for $1.13 million https://www.redfin.com/MD/Garrett-Park/11007-Kenilworth-Ave-20896/home/10501900 - zoned for WJ, sold for $1.13 million |
Anonymous
Houses look way different in finish and size. Just a quick look. House size is different as well. I can find many examples like this to show that there is no premium of Whitman over WJ or Wootton over RM, but I know for fact that there is premium. Some close friends have bought it recently in this area and that was their experience. We saw the same when we were buying. Previous PP is correct. Schools do make difference because very large number of fmailies are buying for schools. Not the only factor, plays a big part. When everything else is equal, it's illogical to think that school won't make a difference. In case of chaging boundaries, eeverything else will be equal except schools. |