Reply to Affordability of SFHs in NoVa School Districts

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think 9:11 has a good point.  George Mason HS is generally ranked about the same as Yorktown and McLean HS, and the housing stock is pretty similar and close in price.  I looked in Falls Church (McLean HS and Mason) and Arlington and found similar offerings in my price range.  Decided on Arlington because I could get a bit closer-in for the same price.  New homes seem to cost about the same, older homes seem to have been built around the same time, though you might get a bit more land in McLean or in FC.[/quote]

George Mason has the most expensive median SFH sale price of the Tier 3 schools, but the difference between the GM median and the McLean median ($95K) is greater than the difference between GM and Oakton ($55K), the least expensive of the Tier 3 schools, so it seemed to make sense to have a breakpoint.

This is based on sales data over the past 12 months. What is on the market in a particular district at the specific point in time when someone is looking will surely vary. But, directionally, if somewhat starts out with, say, a $700K budget, this tells you that they will find more to look at in Tiers 4-6 than the other tiers.[/quote]

PP - Thanks for the clarification. Also, thanks for the info. Good thread (on a forum of so few).[/quote]

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