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Reply to "HHI is around $120k -- are we the only ones on here?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread has made me feel so much better about a potential move to northern VA. Thanks for sharing, everyone. [/quote] You decided not to move? Remember that many of these people bought their housing many years ago. I bought a townhouse in courthouse for $400k in 2002. Payment was $1800/month. I made $80k base and $120k with bonus. It was tight, but doable. That same house now is probably $650-$700k, maybe more. [/quote] I could be moving to northern Virginia, but it's not a done deal. I am anxious about the cost of living and a potential ~$130k salary. I realize I can't own a nice home in a convenient area. My options are probably renting or buying pretty far out.[/quote] DP: There are some townhouses/SFH in Burke, Fairfax, Reston--all nice areas that aren't too far out-- that are under 500k--some in the 300s. Public schools are consistently good despite the complaining you'll read--don't pay attention to Great Schools ratings as long as they are over 5 because their formulas are wonky--just look at the school profiles. Insurance and property taxes are relatively low compared to other places so I think you're okay. We bought a SFH in 2015 on a 130k salary for 380 and it's been fine. Mortgage rates are low.[/quote] Burke is the land of families with a SAHP and a working parent who is government or mililtary.[/quote] PP: I don't live there (I live in Fairfax) so don't have a full picture, but that doesn't describe any of the families I know who do. [/quote]
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