This is about real estate. Nobody says the sky will fall, but the house prices in those neighborhoods will be affected. |
Nobody cares about rankings. Most of the buyers are looking at FARMS and magnets offered. |
Just for you, MCPS should bus any students to other schools if their families make under $300K. |
The schools are not the biggest problem right now. The fed and private company lay offs and firings are and many people stretch and its a problem. |
You need to look at the housing and lot sizes. Many of the Einstein homes are much smaller on smaller lots. The bigger homes that are on bigger lots are going for about equal. |
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So let's assume that HS is very important for some buyers. They don't look at FARMS, they look at school ranking. So 2-3 years from now, they will start seeing Woodward and its ranking, instead of WJ. WJ is currently an OK school. It is not like they are killing it academically. Buyers see 9/10 ranking for WJ and that sounds good. If FARMS are such a good predictor, Woodward will be closest to Quince Orchard HS (see the list earlier in this thread) which today sets at 8/10. This hardly calls for a "massive hit" for home values. Not to mention that many buyers don't care about HS as they send kids to private schools anyway, or have older kids or no kids at all.
Yeah, but you’re talking to a small subset of crazies here. Nobody cares about rankings. Most of the buyers are looking at FARMS and magnets offered. What?! That makes no sense. Maybe in your race obsessed circles. Most buyers coming from outside don't even know what FARMS is. And why would they. They care about academic reputation of the schools they will be sending their kids to. It is true that FARMS is strongly correlated with test performance and rankings but that becomes serious issue only at very high FARMS as WJ / QO example shows. As for magnets, the whole county will go through earthquake with the new model and WJ and Woodward will be in the same boat. |
Yeah, but you’re talking to a small subset of crazies here. Nobody cares about rankings. Most of the buyers are looking at FARMS and magnets offered. What?! That makes no sense. Maybe in your race obsessed circles. Most buyers coming from outside don't even know what FARMS is. And why would they. They care about academic reputation of the schools they will be sending their kids to. It is true that FARMS is strongly correlated with test performance and rankings but that becomes serious issue only at very high FARMS as WJ / QO example shows. As for magnets, the whole county will go through earthquake with the new model and WJ and Woodward will be in the same boat. Look at the Richard Montgomery 8/10 (same farms as projected Woodward with IB program) and compare the housing prices. Why buy in the inflated Tildenwood/Old Farm/North Farm if you can get more for your $ with better school in RM cluster? |
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Lookk at the Richard Montgomery 8/10 (same farms as projected Woodward with IB program) and compare the housing prices. Why buy in the inflated Tildenwood/Old Farm/North Farm if you can get more for your $ with better school in RM cluster?
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Because a lot of people work in DC and living in the RM cluster increases your commute by a lot. |
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Remember when people were saying the sky was falling and to not buy in Kensington because it would certainly be rezoned for Einstein?
Do you know how many politically connected people live in Kensington and Chevy Chase View? Zero chance even the crazy Montgomery County Council and School Board would allow property values to tank in Chris Van Hollen’s neighborhood. |
That is a fair point and I agree that Tilden area will not see value appreciations as in recent years. But there are other factors. Proximity to DC and Bethesda is one. Neighborhood appearance is another. Specifically, if we talk about Woodward vs. RM, I find neighborhoods of Old Georgetown Road much more appealing than neighborhoods of Rockville Pike. |
| Just in case any prospective buyers are reading all this… we have a fantastic community over here in the area zoned for Einstein. If you’re looking at some kind of spreadsheet with FARMS rates to determine where your kid will thrive and where they won’t, you are mistaken. |
There is so much angst over Woodward’s demographics that the fact that Einstein would be even smaller and poorer under this proposal largely gets overlooked. |
Einstein has 15 portables. Making it smaller was one of the goals. |
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Einstein zoned home that sold for $1.2 million (4250 sq ft, 6 bed 4 bath, built 1992)
https://redf.in/JCxq7L BCC zoned home that sold for $1.7 million (4564 sq ft, 5 bed, 4.5 bath, built 1987) https://redf.in/85YDsM |