Reply to Advice on MoCo and PG Neighborhoods

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Thank you to everyone so far who gave thoughtful advice! In terms of Hyattsville, what do you think is a good benchmark for price per square foot for something that has been completely updated? This is probably too specific a question, but I might as well ask! We saw a house we loved, but it was significantly more expensive than the other houses on the surrounding blocks. However, it was at least 1,000 sq ft larger than them and was a new build. We also thought we might feel awkward being in the nicest house on the block.[/quote]

I think anything up to 380 is fair game these days, but if you are looking at new, the comps are 360 or so.

However - based on your description, I think University Park is a better bet than Hyattsville - the elementary school is stronger, and there are more homes in your price range -- unless you are looking for new, since Weirlein builders is all over Hyattsville Historic District area.

Are you looking for artsier or family oriented? UP may be better for the latter.[/quote]

Thanks! One of the houses we're considering is a Werrlein one, but it's up by PG Plaza, not in the historic district. We looked at a house in UP and the neighborhood just seemed a bit stuffy? I'm not ruling it out, but the Arts District is more of what we like in a downtown and we would enjoy being able to talk to that.

Honestly, what makes me feel weird about the particular house in Hyattsville that I mentioned is it's large-ish, new, and built up high so it's sort of above the other homes on the block. There is a lot of tension about gentrification in the DC area, and I feel like it sort of screams that developers are coming in. I know it's probably a dumb fear, but I was worried people would judge us and be annoyed about it. There are a bunch of houses I saw when looking at the sold homes that are around the same size and close in price, but look like they fit into the neighborhood more.

Thanks to the other PP for their snide remark about how we only want to live around white people! Wasn't aware that simply asking about a house retaining value should we have to move soon after buying meant I was racist  :D Pretty sure most people don't want their homes to go down in value and I just wanted some opinions on if all the hype about Hyattsville right now maybe artificially increasing home value that won't last.

Just want to make it very clear that I disagree with the PPs talking about how awful any school with low income and/or immigrant children is. If we do end up in Hyattsville, I'll be sending my (currently non-existent, haha) kids to the local public schools.[/quote]

Why would you think home values would be artificially increasing?  Because areas with minorities couldn’t possibly be desirable?  [/quote]

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