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Real Estate
Reply to "Question about Woodward High School and Kensington/Garrett Park real estate "
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[quote=Anonymous][quote=Anonymous][quote]OP take this advice. Given that you can’t risk a drop in home value, I’d buy somewhere where prices are more likely to go up or stay the same. Or just rent for a few years. You all honestly think this OP would be happy living in the Viers Mill ES zone? Really?[/quote] +1 The OP posts that she wants to move into an area with the best public schools and instead you try to convince her to move into an area with the worst schools in the county?? Seriously, they are crap. Its fine to think an advanced kid can do well anywhere so the quality of the school doesn't matter but somehow I don't think that even those booster for low schools believe this. If they did they would move over to PG county where the schools are rated worse than Einstein or Wheaton. The reality is that people buy the best schools that their money can buy. Some people will trade school quality for house size rationalizing that school quality doesn't matter but they are just drawing the line lower, they really don't believe that either. WJ is in an odd spot where it is next to Einstein one of the worst schools. In areas further west, the top schools sit next to schools that rank more in the upper middle around 8 not the bottom like Einstein. As for Woodward, its likely that it will not be anywhere near a 10 or 9 school. It may end up being a 7 which will draw tons of people out of the DCC into it IF they can afford to move but it could also be another 4 like the other DCC schools. The OP is not off when she worries that she could lose hundreds of thousands in equity AND need to pay for private schools. [/quote] Seems like the OP has a few choices: 1) buy in Kensington and risk getting zoned for Woodward. Personally this would be fine with me but if you think you may need to sell the house again in a few years and are worried about a slight drop in value then I can understand your hesitation 2) stretch your budget and buy somewhere closer to WJ that is less likely to be reassigned. 3) just forget about this part of MoCo altogether and move to somewhere like Urbana. Yes longer commute but very high performing schools and less likely to change[/quote]
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