Reply to Are Arlington Schools worth the huge mortgage I'm going to need?

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Reply to "Are Arlington Schools worth the huge mortgage I'm going to need? "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]As a two person gov't employee household, we're probably about average in our N.Arl. home (22207).  There's plenty of couples with some kind of BigLaw income above us, and a decent number of well paid spouse + SAH spouse (but bought house several years ago before the market went crazy up) below us.[/quote]

I find the Bethesda/CC crowd uses the term Arlington which is equivalent to saying Montgomery County.  Arlington is huge and has so many different neighborhoods with a huge variation in prices amongst them.

I always roll my eyes when I see this generalization.  Even 'north Arlington does not do much--you could be talking about a 5 million condo in Turnberry towers, a 3.5 million home in country club hills, a 5 million home off chain bridge road--or a more average $900k-1.2 million home.[/quote]

There are home at the Turnberry (undisclosed) that are 10 million dollars. Add another 10-20% to the 5 million condo which is not reflected on the public price of purchase because that is what it cost the average owner to finish a decorators ready condo at the Tunberry. Anything above the purchase price of 5 million seemed to be undisclosed, usually purchased by foreigners, but not all.[/quote]

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