Reply to Affordability of SFHs in NoVa School Districts

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Looked at some information on relative affordability of buying a SFH in various school districts in APS, ACPS, FCPS and FCCPS; tiers of affordability in terms of median sales prices over the past 12 months follow:

Tier 1: Langley ($1.180M)
Tier 2: Yorktown, McLean ($905-915K)
Tier 3: George Mason, Washington-Lee, Madison, TC Williams, Marshall, Oakton ($755-810K)
Tier 4: Wakefield, South County, Woodson, South Lakes, Centreville, West Potomac, Robinson, Stuart, Lake Braddock ($590-670K)
Tier 5: Chantilly, Fairfax, West Springfield, Hayfield, Falls Church, Westfield ($525-565K)
Tier 6: Annandale, Herndon, Edison, Mount Vernon, Lee ($465-506K)

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I'm looking at your tier 3 with a bit of skepticism. I think comparing the SFHs in Oakton to the SFHs in Arlington or Fall Church City is an apples to oranges comparison. We bought a couple years ago and we were looking at those school districts specifically in the $700K-800K range. In the W&L district, we could afford an older 3BR/2BA brick colonial that was about 1100-1300 sq.ft. In Oakton, we could have gotten a 4BR/2-3BA, 2000+ sq ft house that was more updated and had a much larger lot. Coincidentally, we spent $730 in the Marshall district and bought a 3BR/2BR 1950s split level - technically it had about 1700 sq.ft. but it was a split so the recorded above ground sq. footage was only 1200. All this detail to say I'm not sure what good it does to compare SFH prices without including details like square footage, BRs and BA. You have to compare similar houses to each other to gauge affordability. We felt completely priced out of W&L but we could have gotten more than we needed in Oakton.[/quote]

I think the comparisons that you make actually justify the grouping.  You looked at various SFHs with a certain budget, saw the trade-offs, and ended up in one Tier 3 school district.  Others with your budget move closer in or further out.

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