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Private & Independent Schools
Reply to "Why are DMV Private Schools 40% More Expensive than Baltimore Schools?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My colleague just bought an old Victorian in Baltimore in what she claims is one of the best school districts for somewhere around $125k. Literally, they put $5k down. That would buy a parking spot, or maybe two, in a sought-after DC neighborhood. I'm surprised there isn't a bigger difference in tuition between Baltimore and DC. [/quote] No, I live in Baltimore, this is not possible. Housing prices are maybe half of dc not five percent. So a house that is $1.5 million in DC/No. Va/ MD wouldaround $750,000 to 800,000 here. Big houses in the most desirable suburbs (i.e. Ruxton, Monkton) are well over a million. Even in the city, great houses in Guilford and Roland Park are $750,000 and up, with ridiculously high property taxes. You might be able to get a cottage in a "hot" city neighborhood for $400,000 to $500,000.[/quote] Well, if you are talking a home price for a place to live that is small but cute and safe, I believe this tale. We bought a rowhouse for about 165,000 (mortgage is less) and feel very safe where we live. This is four a 4-bedroom house, 1300 sq ft or so, with front and back yards. Nothing fancy. Our neighborhood starts around 100k and probably tops out in the 200s somewhere. This friend's claim to have a very good school district may not follow, however. There are few Baltimore schools one can say are "good" without some major reservation. Some are workable. It depends on your perspective. I will be investigating our neighborhood school, but we're already assuming that we'll tour private schools. [/quote]
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