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Reply to "Buying a house with young kids"
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[quote=Anonymous]Personally with your budget (which should get you something in almost any zip code), I would focus on location over worrying about a specific house size (so long as your basic space needs are met). Then once you have your ideal location set, decide on budget. $1m doesn’t get much close in, but could be enough to buy something farther out. Whereas going closer to $1.5m will get you something in my neighborhood in Arlington, but it will be a renovated older home or maybe new townhome. For neighborhoods with young kids, I would either move somewhere that has heavy demand/density (tons of kids in my N Arlington neighborhood where homes are close together) or something farther out that is relatively new. Because newer SFH construction tends to be younger buyers. My friends who end up complaining about a lack of kids in the neighborhood are the ones who buy 30-40 year old construction in less dense areas. Because those homes were all built by people who are now empty nesters and may be aging in place and there just aren’t enough people around to increase your chances of having same age kids nearby. Eventually some families move in, but it’s a sprinkling over time and more of a crapshoot.[/quote]
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