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Reply to "Concerned about buying in WJ cluster because of re-zoning"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For a comparison of Garrett Park Estates vs Viers Mill Village. https://www.redfin.com/MD/Kensington/4905-Flanders-Ave-20895/home/10502258 https://www.redfin.com/MD/Silver-Spring/11510-Goodloe-Rd-20906/home/11002661 The main difference is the school system.[/quote] School makes a huge difference for middle class household. I don't think this is a hard logic to comprehend. No matter how many other factors remain the same, but if you change WJ to an average school, prices will take a hit. People listing bunch of factors going for WJ boundary are missing a simple point. Those factors are right now present with a great school. If you keep everything else same and replace great school with an average school, it's irrational to think that it will have no impact on house prices. [/quote] And if you do nothing about WJ being 800 over capacity it will also be a crappy school.[/quote] Simply moving a few hundred kids on WJ's eastern boundary into a new school that has capacity will not impact the quality of education at WJ or that offered at the new school. The school ratings people are so concerned about hardly reflect the quality of education at these schools and are simply a proxy for their demographics which will likely be similar at both schools given that they draw from the same areas.[/quote] Except it's likely they'll use Woodward to alleviate overcrowding from a bunch of high schools and not just WJ. This means that people that own homes formerly in WJ, now in Woodward, are going to see home prices drop significantly because the demographics are going to be VERY DIFFERENT. They will NOT draw from the same areas. http://www.bethesdamagazine.com/Bethesda-Beat/2017/Study-Group-To-Look-at-Using-Woodward-High-To-Deal-With-Capacity-Crunch-at-Eight-Schools/ BCC, Blair, Einstein, WJ, Kennedy, Northwood, Whitman, Wheaton are all listed. This will be a huge redistricting that will redraw the lines of many high schools. http://www.bethesdamagazine.com/Bethesda-Beat/2017/Funding-To-Reopen-Woodward-High-Appears-in-MCPS-Superintendents-New-Budget-Plan/ One major addition to this year’s capital lineup is an effort to overhaul and reopen the old Woodward High School, a move designed to relieve crowding in the Walter Johnson Cluster and in the Downcounty Consortium.[/quote] Although I agree there will be some redistricting, I think it's premature to conclude that will result in a drop in real-estate values. Woodward will help alleviate overcrowding at a number of nearby schools based on the county's projections. The neighborhoods that ultimately make up its boundary will be fairly comparable to the nearby schools since that's simply a function of its demographics. My guess is Woodward with a magnet program will be a 9 out of the gate. [/quote] Einstein is 2 or 3 blocks from Kensington. They're busing those kids all the way to WJ. I think with so many lines being redrawn, the folks in Kensington are not going to be happy and they don't have the political clout of Bethesda or Chevy Chase. The town of Kensington has a very low population.[/quote]
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