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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Losing the Safeway, having to drive somewhere for middle-grocery shopping, having dead space on Wisconsin Avenue and having to deal with the car-pooling and suburban dopers, yes, pretty much a net loss. [/quote] Long time real estate person here. Expanding the presence of a strong school has never been a net negative for a neighborhood. Never. Just ask the property owners in Edgemoor, Bethesda. It might be a nuisance in the short term, but the rewards are tangible on the back end.[/quote] I can understand the presence of a good public school raising property values, but don't see how the general population benefits with a private school. Is there a private school near Edgemoor in Bethesda?[/quote] Wealthy educated people buying houses on the neighbourhood -you house value goes up. Plus hedonic pricing (look it up in Google please). Put it simply: would you prefer to have a landfield or a prision just near your house or a top private school?[/quote]
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