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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is Chicago (suburbs) a more or less expensive market than NoVa? I know this is a DC forum but taking a chance that someone here came from Chicago as ppl move to the DMV from all over. Very randomly looking at a job in Chicago - just a distant possibility now nothing certain at all. IDK Chicago enough to know where to look to gauge prices. In N. Va. we’d be looking for a townhouse, 3 bed/3 ba, probably 2000 sqft and with a one car garage; not interested in super old housing stock but 90s onwards is fine. So here we’d look at suburbs like Vienna and probably be in the 800-900k range. What would be comparable in Chicago - nice suburb with good schools but need not be like Bethesda or McLean? Higher or lower pricing? I know taxes are higher but that’s about all I know.[/quote]

I mean, with that budget you could live in a place like this https://www.zillow.com/homedetails/1334-Arbor-Ave-Highland-Park-IL-60035/4908106_zpid/ in the gorgeous, leafy suburb of Highland Park (former home of Michael Jordan and other celebrities), with excellent public schools. Depends on where you're working though and what you want your commute to look like. But you'd be solid with that budget and there are a lot of options.[/quote]
but the property taxes on that home are about $20k/year. So need to factor that in too. So if your budget would be $750k in NoVA, you'd have to adjust it way down in Highland Park to get a similar PITI. (Lake County--where HP is--has particularly and egregiously high property taxes, fwiw). When we moved to IL, we learned quickly that you should look at budget through the lens of monthly payment, NOT purchase price.[/quote]

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