Reply to HELP!! - Military Relocation to DC Metro Area

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[quote=Anonymous][quote=Anonymous]Good Afternoon DCUM!

First time poster so I apologize if this topic has been beaten to death already.  My family and I just moved to the DC metro area and are will be purchasing a home ideally within the next two months.  We are currently in temporary house in Pentagon City.  My husband will be working at the Washington Navy Yard and I will be working at the Mosaic District in Merrifield.

Due to living the military life, we will most likely only be living in this area for 3 years before my husband's next assignment.

Can anyone make any recommendations for areas to buy?  Keep in mind that moving expenses, realtor fees, closing costs, etc. will be covered by the Government - just in case someone was going to tell us that buying is a bad decision since we are only staying for 3 years! :)

About us / What we are looking for:
- Family of 3 - me, my husband, and our 1 year old daughter
- Looking for a family friendly community with good walkability 
- &quot;Easy&quot; commute for both of us - under 30 min drive.  Husband will have the ability to have flexible hours to drive off-peak rush hour.
- Budget is ~$750k
- Even though our 1 year old won't be old enough to be in school by the time we leave - great school district is a big plus for us due to resale ability
- Short term return on our investment.  Any places people would suggest that are &quot;untapped&quot; or have great room for ROI??

I threw that last bullet in there for my husband :)  He's always trying to make smart housing decisions with big upside.

Looking forward to your responses.  THANK YOU in advance for those that are able to reply!

Nancy
[/quote]

I get why you want to buy so won't do the &quot;don't buy&quot; dance. Now here is the thing, in DC if you want an ROI you either have to have lots of money and get into a neighborhood that is currently turning over (bloomingdale, petworth etc) but some of these homes are going for &gt; than a million. Now schools in these areas aren't that hot but doesn't stop the value of the homes from going up. You other choice is get into the &quot;Next&quot; hot neighborhood in the city. I suspect that will be in NE around the Langdon Park, Woodridge and up South Dakota ave. Schools aren't great but have seen homes a year ago that I thought would never sell at a certain price (800's) fly off the market and now a few home that have broken through the million dollar mark. Still lots of home (SFH) in these areas that developers are slowly working their way through. Just my thoughts.[/quote]

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