Anonymous wrote:We are officially moving but I don't even know where to begin... Tell me what neighborhood / block / elementary school you live in and love... here are my specific asks:
- Needs to funnel into a top PUBLIC high school (we don't have private school money) (I'm looking at Whitman, Wootton, BCC, Walter Johnson in MD and Langley, McLean districts in VA)
- Needs to be within commuting distance to Georgetown
- Needs to be densely populated (houses close together, super neighborhood feel, mature trees would be a plus, I need a yard but I don't want a big one)
- Needs to have a community that gets together a lot / kids outside playing / parents that like to have drinks together etc.
- A plus would be a pool that everyone goes to
- a bigger plus would be that most neighborhood kids go to the public school (rather than private)
Anonymous wrote:Try Somerset in MD. It has a pool and feeds to BCC.
Anonymous wrote:Anonymous wrote:We are officially moving but I don't even know where to begin... Tell me what neighborhood / block / elementary school you live in and love... here are my specific asks:
- Needs to funnel into a top PUBLIC high school (we don't have private school money) (I'm looking at Whitman, Wootton, BCC, Walter Johnson in MD and Langley, McLean districts in VA)
- Needs to be within commuting distance to Georgetown
- Needs to be densely populated (houses close together, super neighborhood feel, mature trees would be a plus, I need a yard but I don't want a big one)
- Needs to have a community that gets together a lot / kids outside playing / parents that like to have drinks together etc.
- A plus would be a pool that everyone goes to
- a bigger plus would be that most neighborhood kids go to the public school (rather than private)
You want to be in the Walt Whitman zone if at all possible, much more Ethan the other schools you mention. Its by far the best public HS in MD (and one of the best in the country)
Anonymous wrote:Anonymous wrote:The Langley district in McLean doesn't have a neighborhood that meets all of those criteria. Arlington might.
aren't the schools bad?
Anonymous wrote:The Langley district in McLean doesn't have a neighborhood that meets all of those criteria. Arlington might.
Anonymous wrote:Anonymous wrote:We were looking for many of the things in OP's list and chose to buy in upper NW. OP are you concerned about the DCPS? Because otherwise AU Park/ Friendship Heights/ Tenleytown/ Chevy Chase/ Glover Park etc. make sense, and would be an easy commute to Georgetown, esp with the Wisconsin Ave buses.
+1 although we haven't bought there yet. I've been looking for this type of neighborhood in the suburbs for years and finally just resigned myself to paying upper NW DC prices, because I can't find anything else I like.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:If you don’t have private school money, how do you plan on purchasing a home in areas where the homes are all worth $1M+??
Take private school at a tuition of $45k/year per kid times two. That’s $90k per year in tuition. Plus you still have to live somewhere so probably another $3k/month minimum in housing. That’s $126k per year.
Now look at a $1.5mil house so a PITI of $5500/month. That’s $66k per year. Plus you’re building equity off of all of that and perhaps gaining appreciation as well.
What am I missing here?
$5500/month PITI for a $1.5M house? With what down payment/interest rate?
I was going off of 20% down and 2.5% because that’s my payment. You’re right that at current internet rates it’d be more but wouldn’t come near the private school amount above.
DP. There’s a huge difference between 2.5% and 6%.
+1. Literally over 1k in a monthly payment. That adds up unless you’re loaded.
30x12000 plus interest vs 4x60000. For 1 kid private would be cheaper.
Anonymous wrote:We were looking for many of the things in OP's list and chose to buy in upper NW. OP are you concerned about the DCPS? Because otherwise AU Park/ Friendship Heights/ Tenleytown/ Chevy Chase/ Glover Park etc. make sense, and would be an easy commute to Georgetown, esp with the Wisconsin Ave buses.
Anonymous wrote:Try Somerset in MD. It has a pool and feeds to BCC.
Anonymous wrote:Anonymous wrote:Look at Rock Creek Forest or Rosemary Hills.
Not OP. Would these neighborhoods work for a Latino family (not white, not rich) or are going to feel out of place?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:If you don’t have private school money, how do you plan on purchasing a home in areas where the homes are all worth $1M+??
Take private school at a tuition of $45k/year per kid times two. That’s $90k per year in tuition. Plus you still have to live somewhere so probably another $3k/month minimum in housing. That’s $126k per year.
Now look at a $1.5mil house so a PITI of $5500/month. That’s $66k per year. Plus you’re building equity off of all of that and perhaps gaining appreciation as well.
What am I missing here?
$5500/month PITI for a $1.5M house? With what down payment/interest rate?
I was going off of 20% down and 2.5% because that’s my payment. You’re right that at current internet rates it’d be more but wouldn’t come near the private school amount above.
DP. There’s a huge difference between 2.5% and 6%.
+1. Literally over 1k in a monthly payment. That adds up unless you’re loaded.