Anonymous wrote:I would hesitate to purchase in Prince George’s county because another recession will hit in late 2020 according to financial markets. PGCo was hit really hard last time around which made selling really hard for people who might have wanted to move for other economic opportunities. It took PGCo much longer to bounce back than other places in the DMV area.
Eastern MOCO aka Silver Spring was hit just hard and too as long if not longer to recover. In fact, MOCO and PG county are partnered in an ongoing lawsuit against banks with predatory lending practices back then that hurt their respective areas.
Both areas have high populations of individuals living either under the poverty line or in what civic planners call situations of economic risk or instability. This means that a downturn, job loss or even just an extended government shutdown sends them into poverty sometimes in an unrecoverable state. MOCO has the higher risk profile though because it has local county based drivers for additional loss in a downtown or stable national situation. MOCO has the financial instability, school rezoning risks, less desirable commute location., growing level of poverty and a big bubble of retirees. Locally, PG is relatively stable and has potential factors that will lead to growth and appreciation. Plus if there is going to be a downturn in housing across the country you will lose less on a less expensive house in PG than buying an over valued house in Silver Spring.
I'd go with PG.
I would hesitate to purchase in Prince George’s county because another recession will hit in late 2020 according to financial markets. PGCo was hit really hard last time around which made selling really hard for people who might have wanted to move for other economic opportunities. It took PGCo much longer to bounce back than other places in the DMV area.
Anonymous wrote:Thank you to everyone so far who gave thoughtful advice! In terms of Hyattsville, what do you think is a good benchmark for price per square foot for something that has been completely updated? This is probably too specific a question, but I might as well ask! We saw a house we loved, but it was significantly more expensive than the other houses on the surrounding blocks. However, it was at least 1,000 sq ft larger than them and was a new build. We also thought we might feel awkward being in the nicest house on the block.
Anonymous wrote:Anonymous wrote:Look in 20910, especially if your husband will continue to work in College Park.
For now, he'd have to drive (15 minutes) or bus (30 minutes) but the Purple Line will connect Downtown Silver Spring and College Park within a few years.
East Silver Spring seems like a great compromise. There is a lot of variety in home and lot size, so you should be able to find something that meets both of your needs.
Something like this with a smaller lot: https://www.zillow.com/homedetails/632-Mississippi-Ave-Silver-Spring-MD-20910/37278281_zpid/
This is a bigger lot, same street: https://www.zillow.com/homedetails/512-Mississippi-Ave-Silver-Spring-MD-20910/37278525_zpid/
Op, I would NOT suggest East Silver Spring because the school is high FARMS, and thus your children would be surrounded by highly impoverished, often first generation students. This in turn would affect the kind of education your children receive, the PTA make up and other things. But it would also affect your real estate values in the future.
Here is the link for East Silver Spring ES data: https://www.montgomeryschoolsmd.org/departments/regulatoryaccountability/glance/currentyear/schools/02756.pdf
Here are better suggestions:
https://www.trulia.com/p/md/silver-spring/1209-millgrove-rd-silver-spring-md-20905--2019109401
https://www.trulia.com/p/md/silver-spring/14740-locustwood-ln-silver-spring-md-20905--1042429399
https://www.trulia.com/p/md/silver-spring/10115-meadowneck-ct-silver-spring-md-20910--2019130880
By the way you can also look up demographic data and other kinds of data using this link here, its helpful to help you determine purchasing in a diverse neighborhood but also getting a quality education for your future children.
https://www.montgomeryschoolsmd.org/departments/sharedaccountability/glance/
MoCo is in the middle of redoing boundaries because its building more schools. For example,
Anonymous wrote:Anonymous wrote:Anonymous wrote:Look in 20910, especially if your husband will continue to work in College Park.
For now, he'd have to drive (15 minutes) or bus (30 minutes) but the Purple Line will connect Downtown Silver Spring and College Park within a few years.
East Silver Spring seems like a great compromise. There is a lot of variety in home and lot size, so you should be able to find something that meets both of your needs.
Something like this with a smaller lot: https://www.zillow.com/homedetails/632-Mississippi-Ave-Silver-Spring-MD-20910/37278281_zpid/
This is a bigger lot, same street: https://www.zillow.com/homedetails/512-Mississippi-Ave-Silver-Spring-MD-20910/37278525_zpid/
Op, I would NOT suggest East Silver Spring because the school is high FARMS, and thus your children would be surrounded by highly impoverished, often first generation students. This in turn would affect the kind of education your children receive, the PTA make up and other things. But it would also affect your real estate values in the future.
Here is the link for East Silver Spring ES data: https://www.montgomeryschoolsmd.org/departments/regulatoryaccountability/glance/currentyear/schools/02756.pdf
Here are better suggestions:
https://www.trulia.com/p/md/silver-spring/1209-millgrove-rd-silver-spring-md-20905--2019109401
https://www.trulia.com/p/md/silver-spring/14740-locustwood-ln-silver-spring-md-20905--1042429399
https://www.trulia.com/p/md/silver-spring/10115-meadowneck-ct-silver-spring-md-20910--2019130880
By the way you can also look up demographic data and other kinds of data using this link here, its helpful to help you determine purchasing in a diverse neighborhood but also getting a quality education for your future children.
https://www.montgomeryschoolsmd.org/departments/sharedaccountability/glance/
MoCo is in the middle of redoing boundaries because its building more schools. For example,
It's a little weird for you to specifically call out an elementary school for being "high FARMS" while suggesting homes zoned for much higher-needs middle and high schools than PP's suggestions. The OP can decide whether Great Schools scores matter to them, but your suggestions are nonsensical if the goal is avoiding kids from working class families.
Anonymous wrote:Thank you to everyone so far who gave thoughtful advice! In terms of Hyattsville, what do you think is a good benchmark for price per square foot for something that has been completely updated? This is probably too specific a question, but I might as well ask! We saw a house we loved, but it was significantly more expensive than the other houses on the surrounding blocks. However, it was at least 1,000 sq ft larger than them and was a new build. We also thought we might feel awkward being in the nicest house on the block.
Anonymous wrote:Anonymous wrote:Look in 20910, especially if your husband will continue to work in College Park.
For now, he'd have to drive (15 minutes) or bus (30 minutes) but the Purple Line will connect Downtown Silver Spring and College Park within a few years.
East Silver Spring seems like a great compromise. There is a lot of variety in home and lot size, so you should be able to find something that meets both of your needs.
Something like this with a smaller lot: https://www.zillow.com/homedetails/632-Mississippi-Ave-Silver-Spring-MD-20910/37278281_zpid/
This is a bigger lot, same street: https://www.zillow.com/homedetails/512-Mississippi-Ave-Silver-Spring-MD-20910/37278525_zpid/
Op, I would NOT suggest East Silver Spring because the school is high FARMS, and thus your children would be surrounded by highly impoverished, often first generation students. This in turn would affect the kind of education your children receive, the PTA make up and other things. But it would also affect your real estate values in the future.
Here is the link for East Silver Spring ES data: https://www.montgomeryschoolsmd.org/departments/regulatoryaccountability/glance/currentyear/schools/02756.pdf
Here are better suggestions:
https://www.trulia.com/p/md/silver-spring/1209-millgrove-rd-silver-spring-md-20905--2019109401
https://www.trulia.com/p/md/silver-spring/14740-locustwood-ln-silver-spring-md-20905--1042429399
https://www.trulia.com/p/md/silver-spring/10115-meadowneck-ct-silver-spring-md-20910--2019130880
By the way you can also look up demographic data and other kinds of data using this link here, its helpful to help you determine purchasing in a diverse neighborhood but also getting a quality education for your future children.
https://www.montgomeryschoolsmd.org/departments/sharedaccountability/glance/
MoCo is in the middle of redoing boundaries because its building more schools. For example,
Thank you to everyone so far who gave thoughtful advice! In terms of Hyattsville, what do you think is a good benchmark for price per square foot for something that has been completely updated? This is probably too specific a question, but I might as well ask! We saw a house we loved, but it was significantly more expensive than the other houses on the surrounding blocks. However, it was at least 1,000 sq ft larger than them and was a new build. We also thought we might feel awkward being in the nicest house on the block.
Anonymous wrote:Look in 20910, especially if your husband will continue to work in College Park.
For now, he'd have to drive (15 minutes) or bus (30 minutes) but the Purple Line will connect Downtown Silver Spring and College Park within a few years.
East Silver Spring seems like a great compromise. There is a lot of variety in home and lot size, so you should be able to find something that meets both of your needs.
Something like this with a smaller lot: https://www.zillow.com/homedetails/632-Mississippi-Ave-Silver-Spring-MD-20910/37278281_zpid/
This is a bigger lot, same street: https://www.zillow.com/homedetails/512-Mississippi-Ave-Silver-Spring-MD-20910/37278525_zpid/