What would you pay for your dream charter or DCPS?

[Anonymous]

One time fee and you're in for life.

I think I'd pay $10,000.

[Anonymous]

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.

[Anonymous]

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

I think I'd pay $10,000.

What does it guarantee?

[Anonymous]

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.

[Anonymous]

Anonymous wrote:

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

I think I'd pay $10,000.

What does it guarantee?

It means you pay a fee and you get into any of the 12 schools you lotteried for.

[Anonymous]

We do. It's called taxes.

DC's overall tax burden is among the highest in the country.

[Anonymous]

Anonymous wrote:We do. It's called taxes.

DC's overall tax burden is among the highest in the country.

The question is, if your dream school is LAMB, how much would you pay as a one time fee to get a winning lottery spot?

[Anonymous]

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.

$1M is chump change in the city. Imagine how much those houses would be with good schools.

[Anonymous]

I paid about $850k

[Anonymous]

I'd pay about $100k per kid to get into top choice charter.

[Anonymous]

yes, $200K for 2 kids - thankfully we're in one and can buy cheap. But there's no path to HS, so i might have to pay in the end anyway...

[Anonymous]

Anonymous wrote:I'd pay about $100k per kid to get into top choice charter.

Wow. That's inpressive. What school?

[Anonymous]

Anonymous wrote:I paid about $850k

No you didn't, you paid $850k for an investment that you can sell and get your money back. The question is what $ out of pocket would you spend to win in the lottery. Please, put cost of a house aside.

[Anonymous]

I'd probably pay 10k for our top choice. Lucky for us we lotteried in.

[Anonymous]

Anonymous wrote:I'd probably pay 10k for our top choice. Lucky for us we lotteried in.

Yeah $10k for top choice, $5k for #2-5.