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Reply to "Relocating from Chicago -- Neighborhood Recommendations in DC, MD and VA?"
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[quote=Anonymous][quote=Anonymous][quote=donewithchicago]My husband and I are self-employed and work from home, so we are flexible in terms of where we live. We plan to rent initially, but when we buy the upper limit of our budget is $3000/month mortgage or $575,000 purchase price for a single family home. [/quote] You said in a different thread that you make $400k/yr, right? Just noting that we make half that and spent more on a house than you are allowing for in your budget. I don't believe that we are outliers in making this decision in this area. You might find a house you love in your perfect neighborhood for $575k, but I am really, truly skeptical. [/quote] +1, I also saw the 400K HHI in the other thread. If OP is the same, I'd up the price to *at least* 700-800K in order to get what most people would consider good (not even stellar) schools, with all the other attributes you want (safe, walkable, good schools, etc.). Also, it will be hard to get all of those things AND cultural diversity in the DC area. For diversity and acceptable schools, I'd say some parts of Takoma Park, Shepherd Park, and perhaps some parts of Silver Spring. Not as familiar with VA, but doubt there are many areas that meet all of these criteria, at any price range. Oh, and one last thought--I'm not sure if anywhere has a "strong small business community" with all the other characteristics. What do you consider "small?" If successful business owners, perhaps Potomac, MD, and Mclean, VA? Schools are good, but they're not walkable or diverse, and you'd generally need a budget of at least $1million.[/quote]
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