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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I can’t wait for Wooton to have a lot of FARMS kids transferred in and all the people living in the district lose $500,000 on their homes.  They’ll all be upside down on their mortgages.  It will be great.  [/quote]
When they rezoned Horizon Hill from Wootton to RM people didn't move. They just sent their kids to private school.  Property values aren't down *that* much compared to the Wootton cluster. *Maybe* it'll go down by $50K or so.  You are quite nasty, though, to wish that on people.  Why so jealous?

I don't live in Wootton cluster, btw.[/quote]

Um, [b]the prices are about $100K different from houses in Horizon Hill compared to Fallsmead[/b] and Fox Hills West.

But yes, Horizon Hill STILL has a ton of kids in private school.  It is just a thing there. [/quote]
Not really.

https://www.redfin.com/MD/Rockville/1313-Fallsmead-Way-20854/home/10517763

https://www.redfin.com/MD/Rockville/7-Olmstead-Ct-20854/home/10525042

And there are lots of kids who go to private school who live in Churchill and Whitman. So what?[/quote]

The Olmstead one has 1 more bathroom, is remodeled, new floors, brand new kitchen, etc...  it has been on the market for 50 days

The other one was just listed. Nothing remodeled, 1 less full bath. Still over $50K higher and will sell this week for that low price.

So yes, the first will eventually sell for $700K and the other will sell for $780K and you will have to put $30K minimum into it for updates. [/quote]

The fallsmead home is bigger, has a better and more traditional floor plan, and is further from the road (not backing into a major street)[/quote]
Also, look at the homes sold in the last year between the two neighborhoods.  The price difference for comparable homes is closer to $50K, and in some cases about the same.

https://www.redfin.com/MD/Rockville/26-Rock-Falls-Ct-20854/home/10534881

https://www.redfin.com/MD/Rockville/17-Blueberry-Ridge-Ct-20854/home/10525368

[/quote]

It's just not apples to apples comparing neighborhoods. We can probably find plenty of examples where the home prices were equal and where they were not. In general, the Horizon Hill homes will be larger than those in Fallsmead. Whether the neighborhoods are comparable in price is really unclear. I imagine that if Horizon Hill were put in the catchment for Fallsmead ES, Horizon Hill homes would probably be higher priced than Fallsmead Homes. So there is likely some minor adjustment for schools, but it isn't as big as $100k. If Horizon Hill were put into Cold Spring, I imagine the price change would be similarly up a bit.[/quote]

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