Reply to how's real estate market now with all the school boundary rezone?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Who would want to pay full price in the neighborhood zoned to a school 8 miles away with 70% graduation rate? If you can go across the street and get into much better ranked boundary?  I am all for diversity and inclusion, but aren't schools the main factor driving real estate prices in Bethesda, Rockville etc?

I fear 25% drop in prices if not more.  I just can't imagine potential buyers. Empty nesters? Families with kids in privates?[/quote]

Even RM will be a better option. I am not sure about 25% straight drop in price but a big drop will happen with time for sure. Old Farm / North Farm housing is not cheap and with the same price range you can find  many drastically better schools near by. Any buyer will surely discount the price and won't pay full price if altearnative looks much better.

Our friends in Wayside were sharing that one family is trying to quickly list before it gets shifted to Wootton. They are empty nesters and don't even spend that much time here. There is a small premium for houses in Churchill, but I was surprised given very little gap between Churchill and Wootton. [/quote]
The Wayside owner is overreacting. We were considering Churchill and Wootton equally when buying last year, bought in Wootton.[/quote]

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