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Real Estate
Reply to "Wealthiest Neighborhood in the District"
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[quote=Anonymous][quote=Anonymous]I'm going to take OP at her word and give her my opinion. Each of the named neigborhoods is sufficiently wealthy, although all of the neighborhoods have some lower priced housing (either condominiums or older homes). I would probably shy away from Georgetown if a wealthy neighborhood is particularly important. In the other neighborhoods there are people of less means, but who still value nice properties and things (but buy less or smaller). In Georgetown there is still a lot of people who were never wealthy, but their neighborhood went up in value very considerably. It is the only neighborhood I know where someone lives in a $5M house with a $300K mortgage and struggles to pay the mortgage. Spring Valley is very nice and wealthy. I would say the greatest amount of wealth is in that section of the city. But it is very suburban. If you don't mind short drives, it might be the neighborhood for you. Personally I like to be able to walk to places and prefer Kalorama. It is wealthy. Very hard to get a single family home for less than $3M or $4M. A lot of embassies, but more social people. Lots of parties and networking and socialites. Of course you would have several cars if you lived in the neighborhood and a lawn service and housekeeper. But you would go places just as much by cab or walking. Mass Avenue Heights is theoretically very nice, but too suburban for me. It feels more like Rockville, rather than Bethesda. Some beautiful homes, but I think there are neighborhoods which are all around better. Finally, there are a few streets on the opposite side of Rock Creek from Kalorama, in Woodley Park. Totally different feel. A very good combination of suburban and urban. Not for me. We have a substantial housing budget, but could not afford that neighborhood ($7M+) and frankly didn't love the housing stock as much anyway. But it might be for you. Best of luck. I'd love to hear your thoughts thus far. [/quote] Hopefully you guys will end up right next door to each other.[/quote]
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