Reply to DMV Sticker Shock Advice

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[quote=ikornika]We're relocating to somewhere in the DMV in June.

Currently in Jacksonville with mortgage of just under $900/month PITI for 3100 square feet 4bd/3.5ba SFH built in 2005 on 0.25 acres with a 2 car garage in decent school district.

So, looking at our options in DMV has been quite eye opening.

We're wanting, at minimum, a 3/2, 1100 sq ft, <1 hour commute to N Street area DC, good school districts with AAP/TAG/whatever y'all call it here, and W/D in unit.

No preference on house vs condo vs whatever. Would like at least one car garage, but not mandatory. Prefer some sort of yard; if not, access to outdoor play space.

We have a 6.5 DD and 2.5 DS. No pets.

Budget is flexible, but, in my head, I thought 3k/month would suffice to meet our desires. However, on a different board, I was told it probably isn't. So now I'm thinking my searches on realtor.com and apartments.com have been misleading me.

We'd more than likely rent for the first year, possibly two. Absolute max budget for rent would be 4500. We'd like to rent where we'd eventually buy as to avoid switching school districts. Once we're ready to buy, forecasted budget is max 1.5m, preferably in the 600-800k range, though.

Where can we afford to live? Where should I be looking? We wanted to avoid Maryland because of local income taxes, but can be convinced.

There is no rush on our move as husband will precede me to DMV to start working and will Airbnb until school is over for our DD and we'll be renting out our current home once we've relocated. [/quote]

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