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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You're unlikely to get into Shepherd Park for less than $850K anymore. Houses on the eastern edge (close to GA Ave) are now listing at around $899K b/c the sellers feel emboldened by the upcoming Walter Reed development. Five charter schools feed into nearby D.C. International, which is adding to the pricing pressure. Lastly, check out how many homes are available for rent in Shepherd Park. Rental inventory is high; even families who have moved do not want to sell their S. Park houses. [/quote] We bought just south of Walter Reed in Brightwood this spring, and have found that most other people who've recently purchased in our neighborhood are families with kids at a DCI feeder who see their school situation as "set" through high school, and as such are looking to buy a long-term home. With this mindset comes the willingness to pay more versus a starter home where people intend to "move for the schools" later on, and the same can certainly be said for the Wilson feed in SP/CV. [/quote] Interesting. Makes total sense. [/quote] Not to me...we're at a feeder and still don't feel "set" through high school. [/quote]
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