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Real Estate
Reply to "What is the market like in North Arlington?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh I read wrong. If you are selling at that price point, you will most likely have a bidding war unless you are in a Kenmore or something. [/quote] A house in our neighborhood zoned for Kenmore just sold for $2.1 M. The people have three kids and other people in our neighborhood do too. The people who are afraid of exposing their kids to other cultures and economic classes are doing a disservice to them. The Gen Alphas are going to be entering an economy where most of the employers will be second or third generation immigrants -- from construction to tech to even politics, it is not the all American employer profile of even 20 years ago. [/quote] Ashlawn is wonderful (we see the kids biking to school on the Bluemont Trail and it’s like a Disney movie). W&L is great too. Kenmore isn’t great but if you’re paying $2M+ for a house and not overextending to do so, you can probably pay for private middle school. The catholics are around $10K / kid / year and you’ve got Congressional 10 min away too. [/quote] Not necessarily. I know people who paid $1.5-2.5 million by really stretching their budget. No room left for private school or vacations. [/quote] There are many wealthy families in 22207 and 22201 who could afford the cathedral schools or boarding school who stick with public through high school. There are also plenty of wealthy famliles in those neighborhoods that go upper-tier private for middle and/or high school if not earlier. It's probably no different than the Bethesda suburbs or Upper NW DC. [/quote] The problem with stretching your budget to get a $2 million house zoned for Kenmore is that your kid will go to Kenmore. [/quote] And you'd have to stretch to $2.8 or more in 22207 for the same house. [/quote]
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