Reply to Mt Prospect in North Potomac

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Every home in this area is selling fast... Our neighbors bough a 20 year old home in North Potomac for a million...
So, why not get a new home?[/quote]
You’d be smarter to purchase in 20854 than 20878. Those are more likely to retain value and less likely to be re zoned. [/quote]

+1000[/quote]

Food for thought: Quince orchard high school to Mt. prospect is 2.5 miles and Wooton to Mt. Prospect is at least 5.5 miles. The chances of rezoning are pretty high and MCPS is known for doing all kinds of crazy things in the name of rezoning. Cough...cough Seneca High school.[/quote]

If the worst case scenario is Quince Orchard HS, that's not bad.  I feel it's an acceptable alternative to Wootton.  Property value might not grow as quickly,[b] but it certainly won't go in reverse[/b].  [/quote]
I wouldn’t count on it. These houses are going for too much. Everyone is starry eyed over the new homes and development.  They’re not a good investment. If you plan to be in them for a long time and just want to be happy with your home, then go for it. It certainly will take $100k off the value if it’s rezoned to QO. I would say about half the kids around this area go private, and half public. Zoning is extreme important in this area and, as someone pointed out, it’s much closer to QO.

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