Reply to Do we stay in DC or move to Baltimore?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. Thanks all! We have definitely contemplated renting out our condo and then renting a house in Baltimore. Perhaps we just haven’t looked hard enough but it feels like the cost advantages dissipate a bit in the rental market than buying? Perhaps because the Baltimore real estate market is soft? We can find apartments there pretty cheap but SFHs are significantly more expensive to rent than to pay the mortgage on (even factoring in the taxes, which we are very aware of). Still an option, but less appealing for a variety of reasons.

So far, we’ve looked at Fed Hill/Riverside/Locust Point, Roland Park, and Hamden. Fed Hill has been most appealing because of my DH’s commute and because it feels most like where we live now. Roland Parks is most appealing for schools but feels pretty suburban to us. Hamden is a mix of the two and feels the most like an “up and coming” neighborhood of anything we’ve seen in Baltimore.

We have looked at both Catonsville and Ellicott City, but again they might be too suburban for us. Even looked at Columbia because the schools are great but yes to the PP who mentioned it gets pricy fast.

I don’t know, maybe this is a pipe dream? Starting to feel like our best bet us to stay in our condo in DC another 5 years or so, assuming we can figure out a school situation we can live with, and then reassess. It feels like there should be a middle ground (maybe Hamden?) but we just haven’t figured it out.[/quote]

Do you have kids?  Really the only neighborhood you are looking at that is kid friendly is Roland Park.  Hampden was up and coming 10 years ago, I would not expect a lot of further house appreciation.  Also the housing there is a good size for a couple, not so much for a family.

The housing market in North Baltimore is not soft, it has been a sellers market for the past year or so.  Desirable houses in Hampden, Roland Park, Homeland or Close in Baltimore county sell within days with bidding wars.  If location is off or house not rehabbed, it may sit a few weeks.

Private schools in Baltimore are cheaper than dc, but still $30,000 a year and over once you get past the youngest grades.  As others have mentioned, taxes are high in the city.  Make sure you work out all the numbers.

That said, we live in a Roland Park and love it.  Have lived in Towson and there is nice as well, but very suburban.  You could not pay me to live in Howard County,  that’s way too suburban and car centric for us,[/quote]

Hey now, some of us HoCo folks can walk to EC's main street which makes us basically an urban mecca. :)

In seriousness, I love Roland Park, OP, and second the PP's comments. We would have moved to that area if we hadn't needed to be south of the city for a few reasons. [/quote]

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