What would you pay for your dream charter or DCPS?

[Anonymous]

Wait, I thought you said it was school quality?!? Get out of here. Most of my friends that live in Bloomingdale (with kids), don't take metro because they have to drive to their charters. You are funny. Get over yourself. WOTP is not the only place people want to buy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Chevy Chase $925k, renovated >1900 square feet
http://frankly.com/DC8235088

$920k, renovated >1900 sq feet
http://frankly.com/DC8274630

$885k, renovated >1900 square feet
http://frankly.com/DC8334488


Bloomingdale $952k, renovated 1900 square feet
http://frankly.com/DC8258317

$905K, renovated, 1700 sq feet
http://frankly.com/DC8521627

None of your CC examples are walkable to the metro (almost 2 miles). Your BD examples are (less than 1 mile). That is a very important difference, and so not "all other things are roughly equal". Besides school quality, metro proximity is a major factor in home prices.

I really don't understand why we even need to argue about this. Everyone familiar with the DC market knows that schools and transit access drive home prices. Obviously they aren't the only factors, but they are critical in deciding the value of a home. Nobody said houses in areas with bad schools can't be expensive for other reasons.

[Anonymous]

Anonymous wrote:Wait, I thought you said it was school quality?!? Get out of here. Most of my friends that live in Bloomingdale (with kids), don't take metro because they have to drive to their charters. You are funny. Get over yourself. WOTP is not the only place people want to buy.

No, I never said it was school quality alone. Learn to read. And I'm not trying to argue that WOTP is the only place people want to buy. I sure wasn't thinking that way. You sound defensive and angry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Chevy Chase $925k, renovated >1900 square feet
http://frankly.com/DC8235088

$920k, renovated >1900 sq feet
http://frankly.com/DC8274630

$885k, renovated >1900 square feet
http://frankly.com/DC8334488


Bloomingdale $952k, renovated 1900 square feet
http://frankly.com/DC8258317

$905K, renovated, 1700 sq feet
http://frankly.com/DC8521627

None of your CC examples are walkable to the metro (almost 2 miles). Your BD examples are (less than 1 mile). That is a very important difference, and so not "all other things are roughly equal". Besides school quality, metro proximity is a major factor in home prices.

I really don't understand why we even need to argue about this. Everyone familiar with the DC market knows that schools and transit access drive home prices. Obviously they aren't the only factors, but they are critical in deciding the value of a home. Nobody said houses in areas with bad schools can't be expensive for other reasons.

I think what some people are trying to drive is that housing supply is so low in the city, that those things are no longer the only driving factors. Many more people are buying away from transit (which is actually too expensive for my family to use) and despite poor school choices. The last 2 years in DC real estate (boom of Petworth, H Street, Brookland and the like) have been very telling. It's actually a little sad when you think about it. Many middle income families are squeezed out of the market even if they are willing to buy without the perks for schools and metro access.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Chevy Chase $925k, renovated >1900 square feet
http://frankly.com/DC8235088

$920k, renovated >1900 sq feet
http://frankly.com/DC8274630

$885k, renovated >1900 square feet
http://frankly.com/DC8334488


Bloomingdale $952k, renovated 1900 square feet
http://frankly.com/DC8258317

$905K, renovated, 1700 sq feet
http://frankly.com/DC8521627

None of your CC examples are walkable to the metro (almost 2 miles). Your BD examples are (less than 1 mile). That is a very important difference, and so not "all other things are roughly equal". Besides school quality, metro proximity is a major factor in home prices.

I really don't understand why we even need to argue about this. Everyone familiar with the DC market knows that schools and transit access drive home prices. Obviously they aren't the only factors, but they are critical in deciding the value of a home. Nobody said houses in areas with bad schools can't be expensive for other reasons.

I think what some people are trying to drive is that housing supply is so low in the city, that those things are no longer the only driving factors. Many more people are buying away from transit (which is actually too expensive for my family to use) and despite poor school choices. The last 2 years in DC real estate (boom of Petworth, H Street, Brookland and the like) have been very telling. It's actually a little sad when you think about it. Many middle income families are squeezed out of the market even if they are willing to buy without the perks for schools and metro access.

I agree with you. Tight supply drives up prices everywhere. That doesn't mean, however, that schools and transit aren't factors that make for higher prices ALL OTHER THINGS BEING EQUAL. That is all I was trying to say, not that there aren't reasons why EOTP areas are desirable even without good schools.

[Anonymous]

People have been paying higher prices in Lafayette bounds without having metro access for decades.

[Anonymous]

You want metro access WOTP cheaper than Bloomingdale? Who was the poster that wanted to see comps? I only showed CC as the housing stock is usually considered superior IMO. Janney is actually more affordable and underscores PP's point.

http://frankly.com/DC8252537
http://frankly.com/DC8277995
http://frankly.com/DC8235797
http://frankly.com/DC8331755
http://frankly.com/DC8339320
http://frankly.com/DC8484822

[Anonymous]

Anonymous wrote:If you talk to parents of that generation, they feel about privates the way that today's parents feel about charters, that they're community-building and giving families an opportunity to stay in the city. They have no shame about directing public resources to private schools. If you've ever talked to Mary Cheh about education you'll know that she sees no distinction between public and private schools, to her they're all just interest groups jockeying for public resources. She sent her kids to GDS during that era, so it stands to reason.

Oh, that's really interesting and illuminating.

My gut response to this thread is that it's an exercise in how we could introduce even more class disparity in the public school system.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you talk to parents of that generation, they feel about privates the way that today's parents feel about charters, that they're community-building and giving families an opportunity to stay in the city. They have no shame about directing public resources to private schools. If you've ever talked to Mary Cheh about education you'll know that she sees no distinction between public and private schools, to her they're all just interest groups jockeying for public resources. She sent her kids to GDS during that era, so it stands to reason.

Oh, that's really interesting and illuminating.

My gut response to this thread is that it's an exercise in how we could introduce even more class disparity in the public school system.

OP here. No exercise. Promise just thinking about how much I would pay to get into LAMB. I read threads like "how much do you contribute to your PTA" and I think about what I spent for daycare and DH were playing "how much would we pay to win in the LAMB lottery tomorrow"...should have kept it at the citywide charter level. Oh well...going to untwist my panties and save the question for friends when we do happy hour waiting for the results.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you talk to parents of that generation, they feel about privates the way that today's parents feel about charters, that they're community-building and giving families an opportunity to stay in the city. They have no shame about directing public resources to private schools. If you've ever talked to Mary Cheh about education you'll know that she sees no distinction between public and private schools, to her they're all just interest groups jockeying for public resources. She sent her kids to GDS during that era, so it stands to reason.

Oh, that's really interesting and illuminating.

My gut response to this thread is that it's an exercise in how we could introduce even more class disparity in the public school system.

OP here. No exercise. Promise just thinking about how much I would pay to get into LAMB. I read threads like "how much do you contribute to your PTA" and I think about what I spent for daycare and DH were playing "how much would we pay to win in the LAMB lottery tomorrow"...should have kept it at the citywide charter level. Oh well...going to untwist my panties and save the question for friends when we do happy hour waiting for the results.

What time are results scheduled to go live?

[Anonymous]

Anonymous wrote:You want metro access WOTP cheaper than Bloomingdale? Who was the poster that wanted to see comps? I only showed CC as the housing stock is usually considered superior IMO. Janney is actually more affordable and underscores PP's point.

http://frankly.com/DC8252537
http://frankly.com/DC8277995
http://frankly.com/DC8235797
http://frankly.com/DC8331755
http://frankly.com/DC8339320
http://frankly.com/DC8484822

But what is PP's point? She is fighting a poster who is arguing that good schools are a crucial factor in raising price if all other things are equal. Not that there isn't real estate EOTP that's more expensive than some of what's available WOTP. Other factors sometimes offset the crappy schools. This is apparently the case for Bloomingdale. All other things are not equal between all Bloomingdale real estate and all AU Park real estate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:One time fee and you're in for life.

I think I'd pay $10,000.

This is implicit in the gap between similar homes in different neighborhoods with differing schools. I'd say the market prices a good neighborhood school at at least $100,000, maybe $150,000. Makes sense when you consider the price of private schools.

Maybe to an extent but there are many exceptions. Brookland does not have school offerings but houses going for $1m. People don't only consider schools when buying in DC.

Show me 5 Brookland houses that have sold for more than $1m.

Go away WOTP. Do you really think you are the only ones in $1m house? Can't you accept that people want to pay $800-$900+ even without a decent school option?

http://frankly.com/DC8505854
http://frankly.com/DC8355523
http://frankly.com/DC8461149
http://frankly.com/DC8254155
http://frankly.com/DC8521801
http://frankly.com/DC8551117 (prob won't sell that high)
http://frankly.com/DC8574602 (just listed, prob will sell)
http://frankly.com/DC8570895 (just listed, prob will sell)
http://frankly.com/DC8549156 (under contract in 8 days)

There are many more in Shaw, Petworth, Bloomingdale, Eckington and many other DC neighbhorhoods that aren't zoned for JKLMM.

I'll say it again, show me FIVE BROOKLAND HOUSES THAT SOLD FOR MORE THAN $1M. You have proved absolutely nothing with your links. Not one of those sold properties sold for more than $1m. I do not live WOTP, in fact I live in Ward 5, like you do, but if you are trying to argue that houses in Brookland routinely sell for more than $1m you are delusional. I absolutely agree with the point that my home is worth more than many in ward 3, but you are doing yourself no favors by lying about $1m homes in Brookland. I know the market - I live nearby.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you talk to parents of that generation, they feel about privates the way that today's parents feel about charters, that they're community-building and giving families an opportunity to stay in the city. They have no shame about directing public resources to private schools. If you've ever talked to Mary Cheh about education you'll know that she sees no distinction between public and private schools, to her they're all just interest groups jockeying for public resources. She sent her kids to GDS during that era, so it stands to reason.

Oh, that's really interesting and illuminating.

My gut response to this thread is that it's an exercise in how we could introduce even more class disparity in the public school system.

OP here. No exercise. Promise just thinking about how much I would pay to get into LAMB. I read threads like "how much do you contribute to your PTA" and I think about what I spent for daycare and DH were playing "how much would we pay to win in the LAMB lottery tomorrow"...should have kept it at the citywide charter level. Oh well...going to untwist my panties and save the question for friends when we do happy hour waiting for the results.

If you get in just don't post on Facebook "YIPPEE I just saved $100k by getting into LAMB". It's frigging obnoxious. If you were my friend I'd happily celebrate your child winning the lottery but not you saving the dollar figure that you decide to put on it.

[Anonymous]

No way. DCPS and charters are totally not worth money.

[Anonymous]

Anonymous wrote:Not talking about house prices. If you're already in your dream school, no need to opine. Just asking those that are playing lottery. How much would you pay to "win" your lottery choice? Again, not asking how much more you would pay to buy into the neighborhood. How much would you pay as a one time fee to win OOB or Top charter spot?

I'd be willing to pay $10 - 18K for a sure placement into our top choice.