Reply to Is there a reason real estate has appreciated so much more in VA than MD and DC?

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Reply to "Is there a reason real estate has appreciated so much more in VA than MD and DC?"

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[quote=Anonymous][quote=Anonymous]I think it's apples and oranges. The parts of MoCo with easier commutes into DC and good schools have appreciated at pretty much the same rate as similar in NoVa. Same in DC -- the places with better schools and easier commutes to downtown have appreciated faster than parts of the city with weak IB schools and poor access to public transit and other amenities.

I do think Amazon has given a big boost to Alexandria despite relatively weak schools. But that's a special case. Generally in NoVa, prices track school districts with proximity to DC and commuting corridors (or transit) offering a boost.

Interestingly, I think Capitol Hill, Navy Yard, and the Wharf in DC has also benefited from Amazon. Appreciation in CH and Navy Yard is better than in other parts of the the East side and I suspect Amazon has played a role in this based on how many people I know who work at Amazon and live on CH. It makes sense because the Venn diagram of tech workers and people who want to live in walkable neighborhoods has a lot of overlap.[/quote]

They will move to VA when they have kids. [/quote]

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