Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Anonymous wrote:Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Einstein is already overcrowded, getting more so each year, and not getting an addition. The solution to that overcrowding is that some current Einstein-zoned areas are going to be rezoned elsewhere. Why do people keep insisting that more neighborhoods are going to be rezoned *to* Einstein? The reason Woodward is reopening is because they needed a school to be populated by rezoned students from WJ and the DCC [Einstein and Wheaton].
Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Anonymous wrote:But there is 100k difference in the price of similar houses zoned for Einstein vs Walter Johnson!! So I think op is right to wonder if he should pay that premium only to see it disappear if re zoning occurs.
I agree, OP, that moco schools might be a gamble now.
I would hesitate to invest there. I would not discount a mass exodus to private schools if moco goes through with some of their proposals. You would have to factor that possibility into your budget I guess.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd suggest renting for a few years until you see what the changes mean for WJ and Woodward. This way you are safe from losing $$ equity if you end up on the wrong side.
We are aiming to move by the time our first starts kindergarten, which is in two years. We are also planning on a second and our current space will not accommodate. Now I’m starting to wonder if we should reconsider MoCo because of all this uncertainty. Our main goal was always to buy a home with the best public schools we could afford. Aren’t they also going to rezone all the other high schools in the lower portion of the county as well? Sigh.
OP, Walter Johnson isn't any better than Einstein. Really. This is what the test scores measure: the affluence of the students who attend the school. The facilities aren't better, the teachers aren't better, the curriculum isn't better, the administrators aren't better. The only thing that is better is the average standardized test scores.
Find a home you like and can afford, in a neighborhood you like, with a commute that works for you.
Anonymous wrote:Anonymous wrote:I'd suggest renting for a few years until you see what the changes mean for WJ and Woodward. This way you are safe from losing $$ equity if you end up on the wrong side.
We are aiming to move by the time our first starts kindergarten, which is in two years. We are also planning on a second and our current space will not accommodate. Now I’m starting to wonder if we should reconsider MoCo because of all this uncertainty. Our main goal was always to buy a home with the best public schools we could afford. Aren’t they also going to rezone all the other high schools in the lower portion of the county as well? Sigh.
Anonymous wrote:I'd suggest renting for a few years until you see what the changes mean for WJ and Woodward. This way you are safe from losing $$ equity if you end up on the wrong side.
Anonymous wrote:Our family has a 3 year old and had targeted Kensington (Parkwood Elementry) or Garrett Park/GPE (Garrett Park Elementary) to buy in a year or two once our child gets to kindergarten age. So we aren’t in a rush. But I have been following the Woodward High School build and am wondering when MoCo will announce which homes will be rezoned into this new high school? I assume that the change could mean homes zoned for Walter Johnson now go to Woodward, and maybe homes zoned for Einstein as well? Does anyone know when this will be decided and announced?
Right now it seems the main price differential between Kensington homes is whether or not they are zoned for Einstein or Walter Johnson. So I am curious what impact these decisions will have on real estate values as well. What do folks think about this?