Material displays of wealth are considered tacky.
Anonymous wrote:I'm going to take OP at her word and give her my opinion.
Each of the named neigborhoods is sufficiently wealthy, although all of the neighborhoods have some lower priced housing (either condominiums or older homes).
I would probably shy away from Georgetown if a wealthy neighborhood is particularly important. In the other neighborhoods there are people of less means, but who still value nice properties and things (but buy less or smaller). In Georgetown there is still a lot of people who were never wealthy, but their neighborhood went up in value very considerably. It is the only neighborhood I know where someone lives in a $5M house with a $300K mortgage and struggles to pay the mortgage.
Spring Valley is very nice and wealthy. I would say the greatest amount of wealth is in that section of the city. But it is very suburban. If you don't mind short drives, it might be the neighborhood for you.
Personally I like to be able to walk to places and prefer Kalorama. It is wealthy. Very hard to get a single family home for less than $3M or $4M. A lot of embassies, but more social people. Lots of parties and networking and socialites. Of course you would have several cars if you lived in the neighborhood and a lawn service and housekeeper. But you would go places just as much by cab or walking.
Mass Avenue Heights is theoretically very nice, but too suburban for me. It feels more like Rockville, rather than Bethesda. Some beautiful homes, but I think there are neighborhoods which are all around better.
Finally, there are a few streets on the opposite side of Rock Creek from Kalorama, in Woodley Park. Totally different feel. A very good combination of suburban and urban. Not for me. We have a substantial housing budget, but could not afford that neighborhood ($7M+) and frankly didn't love the housing stock as much anyway. But it might be for you.
Best of luck. I'd love to hear your thoughts thus far.
Anonymous wrote:Anonymous wrote:Our budget is maximum $3million. We're not that rich. However I assumed, correctly, it would land us in the best neighborhoods. Thanks for the advice. I like the area near Chef Geoff's anyone live in that neighborhood?
That is Kent. I suggested it. Along with Spring Valley and Forest Hills.
Anonymous wrote:Anonymous wrote:Also before you start the debate about whether we can afford it the answer is yes. We're paying cash. DH and partners sold a company 5 years ago so we don't need a mortgage.
Fake.
Anonymous wrote:Also before you start the debate about whether we can afford it the answer is yes. We're paying cash. DH and partners sold a company 5 years ago so we don't need a mortgage.
Anonymous wrote:Our budget is maximum $3million. We're not that rich. However I assumed, correctly, it would land us in the best neighborhoods. Thanks for the advice. I like the area near Chef Geoff's anyone live in that neighborhood?
Anonymous wrote:Our budget is maximum $3million. We're not that rich. However I assumed, correctly, it would land us in the best neighborhoods. Thanks for the advice. I like the area near Chef Geoff's anyone live in that neighborhood?
Anonymous wrote:Here, sweetie, here is the place for you. It's in the Woodland-Normanstone neighborhood, which is the most expensive neighborhood in DC.
Note the price reduction! http://franklymls.com/default.aspx?m=R&l=350K&h=ALL&s=DC7688983
If you were as rich as you are trying to appear, you wouldn't be "driving" yourself "around" anyway. You'd pay someone to do that. You wouldn't care where the stores were, because your staff would do the shopping for you. The boutiques would present private trunk shows in the home for you and a few high wealth friends.
Also, you'd stay in California and let your husband do his work here and fly home to see you once in a while.