Anonymous wrote:
Officials have said in multiple meetings that WJ kids are not going to be zoned to Einstein because of this change. And even if they did rezone two elementary schools to Einstein, those would be Kensington Parkwood and Garrett Park and that would, of course, increase Einstein's test scores tremendously. And like PPs have said, the area around the Wheaton area is on its way up, not down. Development around there is booming and housing prices are following suite.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

OK just stop. I like Takoma Park but homes are not going for 1M. There are sometimes rare, large historical houses that will occasionally get up there but the overwhelming majority of houses that are sold, sell for much, much less. In Bethesda, tear downs sell for 1M and the high unicorn sales are up in the multi millions. In WJ there are some homes at the bottom of that area's scale in the 700s.

A 10% drop for an area being rezoned from a top W school to Einstein is actually being very conservative. A family that buys a 750K house in WJ that later becomes Einstein will be lucky to get 675K for the the house.

100% agree with this.

Exactly - both Einstein and WJ will both be around 800 over capacity in 2022. When Woodward opens, it will provide space for kids from both of these nearby schools.

Officials have said in multiple meetings that WJ kids are not going to be zoned to Einstein because of this change. And even if they did rezone two elementary schools to Einstein, those would be Kensington Parkwood and Garrett Park and that would, of course, increase Einstein's test scores tremendously. And like PPs have said, the area around the Wheaton area is on its way up, not down. Development around there is booming and housing prices are following suite.

Anonymous wrote:

Anonymous wrote:
Your argument doesn't make sense at all. There will be always few homes selling for 1M in some pockets even if school is not very high in test scores. Now if you add high test scores then it's common sense that it will become more desirable. Your argument that school doesn't matter as long as commute is short is 100% wrong. RM has a good reputation, but houses are least expensive in Twinbrook despite being in RM and despite being walk to metro. Reason is simple, TB elementary school is very low performing school and that makes it undesirable for many parents with young kids despite being so close to metro.

Twinbrook is undesirable because it has a collection of seriously ugly homes that not even their own builder could love. This is par for the course in Twinbrook:

https://www.redfin.com/MD/Rockville/5711-Ridgway-Ave-20851/home/10515337

It's also not a "nice" neighborhood. Garrett Park and the Town of Kensington will always be nice neighborhoods because of their parks and the quality of their housing stock. The flipside of that coin is that houses in Parkwood that are a long walk from any of the stores in Kensington and Metro might suffer because of location and the quality of their housing stock.

If you just focus on location your homes will appreciate regardless of any school changes. It is going to be increasingly expensive to live around here in 3-4 years, especially close to Metro, shops and within the Beltway. Amazon comes and it's game over.

Anonymous wrote:

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

OK just stop. I like Takoma Park but homes are not going for 1M. There are sometimes rare, large historical houses that will occasionally get up there but the overwhelming majority of houses that are sold, sell for much, much less. In Bethesda, tear downs sell for 1M and the high unicorn sales are up in the multi millions. In WJ there are some homes at the bottom of that area's scale in the 700s.

A 10% drop for an area being rezoned from a top W school to Einstein is actually being very conservative. A family that buys a 750K house in WJ that later becomes Einstein will be lucky to get 675K for the the house.

Anonymous wrote:

Anonymous wrote:

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

OK just stop. I like Takoma Park but homes are not going for 1M. There are sometimes rare, large historical houses that will occasionally get up there but the overwhelming majority of houses that are sold, sell for much, much less. In Bethesda, tear downs sell for 1M and the high unicorn sales are up in the multi millions. In WJ there are some homes at the bottom of that area's scale in the 700s.

A 10% drop for an area being rezoned from a top W school to Einstein is actually being very conservative. A family that buys a 750K house in WJ that later becomes Einstein will be lucky to get 675K for the the house.

100% agree with this.

Anonymous wrote:
Your argument doesn't make sense at all. There will be always few homes selling for 1M in some pockets even if school is not very high in test scores. Now if you add high test scores then it's common sense that it will become more desirable. Your argument that school doesn't matter as long as commute is short is 100% wrong. RM has a good reputation, but houses are least expensive in Twinbrook despite being in RM and despite being walk to metro. Reason is simple, TB elementary school is very low performing school and that makes it undesirable for many parents with young kids despite being so close to metro.

Anonymous wrote:

Anonymous wrote:
Some of the posts in this thread are out of line, but 100K house price reduction can be hard for families stretching it to get to WJ right now. Everyone doesn't make 400K of 800K HHI cited above in this thread. 100K reduction may not matter than much if you hake 400-800K. Some perspective is needed from both sides.

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

Homes in the Town of Kensington within walking distance to the shops, Safeway and MARC are still going to be expensive because of the location. Homes near Rockville Pike, Pike and Rose, the White Flint development and two Metros are still going to be expensive because of location. Even homes in Alta Vista will still be expensive because of their proximity to Bethesda and it's $2M+ homes.

Location, location, location. The only area I can see maybe taking a hit maybe is the area zoned for Farmland, which isn't close to really anything except 270.

Anonymous wrote:Odds on most of these naysayers being Amazon employees trying to drive down home prices?

Anonymous wrote:

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

OK just stop. I like Takoma Park but homes are not going for 1M. There are sometimes rare, large historical houses that will occasionally get up there but the overwhelming majority of houses that are sold, sell for much, much less. In Bethesda, tear downs sell for 1M and the high unicorn sales are up in the multi millions. In WJ there are some homes at the bottom of that area's scale in the 700s.

A 10% drop for an area being rezoned from a top W school to Einstein is actually being very conservative. A family that buys a 750K house in WJ that later becomes Einstein will be lucky to get 675K for the the house.

Anonymous wrote:

Anonymous wrote:
Some of the posts in this thread are out of line, but 100K house price reduction can be hard for families stretching it to get to WJ right now. Everyone doesn't make 400K of 800K HHI cited above in this thread. 100K reduction may not matter than much if you hake 400-800K. Some perspective is needed from both sides.

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

Homes in the Town of Kensington within walking distance to the shops, Safeway and MARC are still going to be expensive because of the location. Homes near Rockville Pike, Pike and Rose, the White Flint development and two Metros are still going to be expensive because of location. Even homes in Alta Vista will still be expensive because of their proximity to Bethesda and it's $2M+ homes.

Location, location, location. The only area I can see maybe taking a hit maybe is the area zoned for Farmland, which isn't close to really anything except 270.

You'er delusional if you think houses in the WJ area are going to decrease by $100,000. If schools were so central to housing prices homes in Takoma Park wouldn't be selling for $1M. That's because it's about location first and foremost, and traffic is going to be much worse 3-4 years from now when Woodward opens, which is going to make location even more important.

Anonymous wrote:
Some of the posts in this thread are out of line, but 100K house price reduction can be hard for families stretching it to get to WJ right now. Everyone doesn't make 400K of 800K HHI cited above in this thread. 100K reduction may not matter than much if you hake 400-800K. Some perspective is needed from both sides.