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Reply to "How much square footage would you want for a family of five?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Can we agree that not many people who could comfortably afford a 10,000 sf house would happily prefer/choose to live in a modest <2,000 sf house? [/quote] No. The point is that in DC, you have to choose space or commute. The question needs to specify location. There are very, very, very few 10000 sf homes in DC or close in. Those few go for $8M+ in NW DC. You'd have to move to Potomac to buy a 10000sf home for $2M. OTOH, $2M in DC will buy you a 3000 sf home in a nice neighborhood in DC. There are significant number of people in DC who can afford a $2M home, but not $8M. (I'm the PP who was concerned about the driving. I do not want my boys to be driving River Road drunk or high when they are in high school, so if I had $2M to spend, I'd rather buy close in where they have easy access to Metro and cabs --while teaching them how to drive, of course.)[/quote] $2M can get you anywhere from 3,500 to 7,000 square feet in "nice" DC neighborhoods right now. I don't think a typical person wants to have drunk or high high-schoolers who will either embarass themselves in front of other passengers on a Metro or feel entitled to hail cabs to ferry them around. [/quote] I'd rather have an embarrassing and entitled teenager than a dead one.[/quote]
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