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Reply to "First time homebuyer: lower-price condo or stretch for rowhouse in DC?"
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[quote=Anonymous][quote=Anonymous]Stretch. We put $100k down on $850k in Alexandria (so not the same situation, we left DC be we wanted a SFH but similar price/income consideration) with $280k HHI and probably not a ton of income growth. Will likely top off at $300k/$320k. We have 2 young kids and because of the pandemic have our own nanny which is the priciest childcare and we still manage. We meet our savings goals every month. We don’t max out retirement but one of us is close and the other has generous employer contribution in addition to employee contribution. I will caveat this by saying we have no debt other than the mortgage. We will, of course end up paying for PreK, but when we left DC we got into our absolute last preK lottery option (Inbound school was IMPOSSIBLE to get into for preK. They even rejected siblings.) so we were going to do private preK anyways And then we just decided to move. [/quote] What DC neighborhood were you in?[/quote]
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