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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have similar stats as u with higher income $300k, more in our 3 kids 529s and retirement. Our PITI is $2500 and I can’t imagine doing more than that. We’re in PG county and our house is worth $600k (a little over $200k that what we purchase for). I have a 40 min metro commute to my DC office that I rarely go to.

Our kids go to private school, albeit more affordable Christian school, and do extracurriculars and we vacation every year.

Why would you spend that much when u can get what u need with less? Maybe expand the area where you’re looking?

[/quote]

Editing to add that we do have SFH with a nice sized yard and pretty much walking distance to school and metro and everything else we need.[/quote]

How is the commute to Alexandria from PG though? That's where DH works[/quote]

I think you can afford it.  What about Fairfax or Burke?  There's houses in the 700-800 range there and lots of land with them--1970s suburban style houses generally but with larger plots and older trees than average.  I know someone who just bought a SFH there for under 800k.[/quote]

Thanks! That's actually an area we're looking, but seeing the homes sell for way over listing. So list for 800s, sell for 900s. I guess I'm trying to anticipate a competitive real estate environment where we need to bid up and need to know how far we can max.[/quote]

I live in this area. We bought for 860k in 2017. That house is not worth 1.2. We divorced in 2020. He kept the house. I had to spend 875 for a house that would have been 700k in 2017. You will have to pay into the 900s to be in this area. Houses are going for over asking. There is no inventory. I had to buy my house directly from someone. I could not find a house. It took me two years to even find one available.[/quote]

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