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Montgomery County Public Schools (MCPS)
Reply to "Option H is permanent and the old Wootton HS campus will be closed for good?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]To remind everyone of something that should be obvious: It does not matter whether you are in the walk zone or North Potomac; a decent part of your property value is due to the fact that you are zoned for Wootton. If Wootton goes away that school premium goes away. I realize this will delight the trolls but this comes as part of the package.[/quote] Your property value will not change because of the schools. Really, there are homes for 800K, that is pretty typical in most neighborhoods, even ones you consider the ghetto.[/quote] Are you serious? Are you implying that you will pay the same price for the same house no matter what school? give me a break.[/quote] We bought our house for location and neighborhood and didn't really put that much thought into the schools, even though we were fine with them. We bought before having kids.[/quote] That’s great. But it doesn’t change the fact that houses are priced the way they are because of the schools they are zoned for. Just because you didn’t care doesn’t mean it isn’t true. [/quote] +1. The schools and other public facilities (community centers, transit, roads, etc) contribute to the value of a property whether the current occupants use those facilities or not. The movement in the county (ironically led by people like Van Grack) has been to allow private land owners to capture the value of public facilities as private profit by getting rid of things like impact taxes. [/quote] This is so silly and nonsensical. Obviously your school zone impacts home values. If you don’t know that (or are trying not to acknowledge it) you’re an idiot. With that said, I also think there’s a bit of a scare tactic here in that I can’t imagine home values will plummet if Wootton moves to a new school with bells and whistles. If anything, one could argue that house values will increase because of the new building but still ‘Wootton.’[/quote] It’s probably not going to plummet immediately. However, moving opens a can of worms. It begins with an overcrowded school that will only become more overcrowded over time. This, in turn, creates boundary instability, with some families being rezoned out either initially or down the line. It could even lead to Crown being split into two schools, and there’s no way to know which school you’d ultimately end up in. [/quote]
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