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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Schools will be redistricted. Look elsewhere.[/quote]

People need to stop touting this precise misinformation.  Schools are no where near getting redistricted for this area.  If you only being speculative without any strong supporting data, you are not being helpful.[/quote]

Correction- schools MAY get redristricted, you also shouldn’t give false hope that they are NOT going to be redristricted[/quote]

School district is Soon to be changed to less desirable schools [/quote]

How do you know this? please provide links for this.. [/quote]

+1... yes please provide the link that say school district is soon to be changed. No one is giving anyone false hope by asking for data and supporting evidence. Schools MAY get redistricted all the time. To assert that it "will be redistricted" or that "is soon to be changed to less desirable schools..." seem odd to continuously make when it comes to this area.[/quote]

You need to follow the BOE. They seem to have gotten sidetracked from redistricting a bit given covid. It was a hot topic when the school board election happened, and this development is closer to QO than Wootton. It is succeptible if they decide to redistrict and would likely drop the value by $[b]100K[/b] (I say this is a neighbor who lives nearby). Yes, every house could potentially be redistributed, but this area where it sits is gonna be easily targeted. [/quote]

I agree with everything you say. Except, I would say more than a $100k drop is likely, given the high price point of these homes. I would predict more like a drop of 10-15% of the home price. I have lived in Montgomery county for a long time, even going to elementary, middle and high school in the area. What people don’t understand is parents go crazy trying to live in the wootton school district, to the point where they throw all rhyme and reason out the window. This way of thinking and the historically low interest rates are what is fueling the high prices at Mt. Prospect. These prices will clearly stabiliize in a few months/a year and combine that with redristricting by MCPS (who have a history of doing crazy redistricting that push their agenda, just look at clarksburg High and Seneca Valley high for starters. But that’s a whole other thread in itself) prices will surely drop. But by then toll brothers will be long gone and laughing all the way to the bank and kids will be redistricting to go to QO which is only 2.3 miles away. Good luck Mt. Prospect buyers![/quote]

This is the only new large development in over 10 years...that’s what’s fueling the market. Not the schools. Per the agent, only half of buyers have kids, and I’m sure half of those go to private school. To not buy because of potential school changes is very short sighted...believe it or not, people do buy houses for other reasons besides the schools [/quote]

[b]I bought a place there and did not even look at schools lol [/b].. If the schools are not good, I will send my kids to a private schools. [/quote]
Not sure this is something to brag about. You must have lots of cash you don’t mind losing if you didn’t do some basic research. [/quote]

if this person bought early, then they made a good deal given that the price went up $100k to $200K already. I understand for us looking to get in at current prices it might be a problem, but I don't see anything that will stop the current prices trajectory anytime soon. [/quote]

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