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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No, I can’t downsize and stay in the same school district. We bought this house 12 years ago and extensively renovated (like tore it down to the foundation and rebuilt it) just a couple years ago). I’m in N Arlington so I can afford other houses in my neighborhood, but they’re only $100k less for so much more work, whereas this house is maintenance free. If I sell this house I can walk away with a huge chunk of change, but go where? [/quote]

OP - I would sell and move.  How old are your kids?  The only possible way you could do this is to rent a room or tiny 1BR with your ex, and rotate who is home with the kids, with the other one staying at the other location.

But even then, I hate to say it could work, because if you are the higher earning spouse, your combined HHI was at most $400,000, and I can't imagine having a $1.1m mortgage on that income.  [/quote]

Adding onto this, I am assuming you are in Lyon Village, because you (i) have a mortgage of ~$1.1m, but (ii) would still walk away with a "huge chunk of change" if you sold, and (iii) other houses would cost just $100,000 less than yours.  At least, I can't think of any other neighborhoods in N. Arlington like this.  If that's the case, and you are dedicated to staying in that school district, you need to look for rentals - perhaps small ones, for the time being, and then look to buy a (much less expensive) place when your kids are in middle/high school, and the geographic areas open up.  It really would be foolish to disrupt your financial future to stay in the new house, as much as you want to.  [/quote]

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