which would you do, if these were options for middle and high school?

Anonymous
1) Current 500K house (close to paid off), OK public school cluster (improving, I hear), in neighborhood we really like

2) Current 500K house, excellent private school at about $25K a year, stay in neighborhood we really like

3) Move to 700-800K+ house in excellent public school cluster

We could pull off any of these financially, but there are clearly pros and cons. I think we know which one we are leaning toward but I am curious what others have done in similar circumstances.
Anonymous
Option 1.
Anonymous
25K a year x6 = 150K. Unless you love your private, I would move.
Anonymous
1
Anonymous
2, then 3.
Anonymous
We're doing #2. House is paid off and the commute cannot be beat.
Anonymous
Option 1 then maybe option 2. Option 3 is the most expensive and u may not like the neighborhood or ur actual neighbors. More expensive house doesn't always mean a better life.
Anonymous
2
Anonymous
give option 1 a try
Anonymous
try option 1, with 2 a possibility if needed.
Anonymous
3
Anonymous
OP here -- you guys are helpful! Crowdsourcing my family's future is fun
Anonymous
#3

Seems like a no-brainer to me. Why waste money on private when you could have an excellent public? Plus, there are lots of great neighborhoods out there. Who's to say you won't like a new one even more?
Anonymous
To answer that hypothetical question: the reason we currently like our neighborhood so much is partly location but partly that our kids have lots of friends they have grown up with here. So even if a move is relatively nearby, it would involve leaving friends on our current street, school, pool, activities, etc. Not to say 3) isn't an option, but that's one of the "cons."
Anonymous
OP, how do your kids feel about the decision? Any idea what they want?
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