Reply to Concerned about buying in WJ cluster because of re-zoning

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[quote=Anonymous][quote=Anonymous]A house is most people's most significant investment. Losing 100K -50K in an overall market that have relatively flat appreciation -which occurs across the DMV (minus N Arlington and DC) once you go over 700K is a big deal. Its risky to buy into an area that will be rezoned with the outcome being lower performing schools.

Id' go further out into the Wootton cluster but not buy above 700-750K. [/quote]

So a better investment would be to move out to an area that's further from DC, with no Metro or MARC access, almost zero walkability and less economic development than a lot of the areas zoned for WJ? Bad idea.

No matter what the situation with schools, areas within walking distance to Pike and Rose, the White Flint Mall redevelopment and the Metro stations that fall within WJ's boundaries are going to better long-term investments than anything in the Wootton boundaries. The Wootton district is almost a text book example of a type of area that is increasingly growing out of favor with the kind of young couples (ie, millennials) that are buying homes in the area. [/quote]

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