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[quote=Anonymous]OP,

Since you wont tell us income, I'll go the other way around on this:

If you make less than $100k, stay the hell away. You wont afford a good house, much less a decent school. You will be miserable.

At $100k to $200k, seriously consider staying put. This is a tough income in this area because you can afford a decent place in the far suburbs, but probably NOT a decent place in DC. This is why where you work matters so much, if your job is waaay out in VA somewhere, $200K might be fine. If its in DC, you may find yourself facing a 1+ hour commute. Also, if you are coming from texas or something, you need to seriously adjust the snot out of your expectations in real estate and in size. A 20x20 bedroom exists in DC, but only in houses costing $1.5M+ or more.

At $200k to $300k you will be reasonably comfortable and able to afford a good, albeit NOT NEW, house in mclean, NW DC, Bethesda, or other desirable neighborhood. Think un remodeled center hall colonials, split levels in mclean, etc.

At $300k to $400k you will be able to afford private school (unless you have several kids), as well as a home in most any are of DC and Mclean - but perhaps still shy of getting a new construction house unless again, you look far out of the city (which again, is why it matters where you work)

At $500k++ you can afford private, college, house, and a commute of your choice. This income will also afford you most all new construction in and near the city ($1.5M to $3M)

You pick where you are. Given your general unwillingness to share anything useful with anyone, I'd say you'll fit right in. [/quote]

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