Anonymous wrote:Anonymous wrote:Just in case any prospective buyers are reading all this… we have a fantastic community over here in the area zoned for Einstein. If you’re looking at some kind of spreadsheet with FARMS rates to determine where your kid will thrive and where they won’t, you are mistaken.
There is so much angst over Woodward’s demographics that the fact that Einstein would be even smaller and poorer under this proposal largely gets overlooked.
Anonymous wrote:Just in case any prospective buyers are reading all this… we have a fantastic community over here in the area zoned for Einstein. If you’re looking at some kind of spreadsheet with FARMS rates to determine where your kid will thrive and where they won’t, you are mistaken.
Anonymous wrote:Look at the Richard Montgomery 8/10 (same farms as projected Woodward with IB program) and compare the housing prices. Why buy in the inflated Tildenwood/Old Farm/North Farm if you can get more for your $ with better school in RM cluster?
Anonymous wrote:Lookk at the Richard Montgomery 8/10 (same farms as projected Woodward with IB program) and compare the housing prices. Why buy in the inflated Tildenwood/Old Farm/North Farm if you can get more for your $ with better school in RM cluster?
Anonymous wrote:So let's assume that HS is very important for some buyers. They don't look at FARMS, they look at school ranking. So 2-3 years from now, they will start seeing Woodward and its ranking, instead of WJ. WJ is currently an OK school. It is not like they are killing it academically. Buyers see 9/10 ranking for WJ and that sounds good. If FARMS are such a good predictor, Woodward will be closest to Quince Orchard HS (see the list earlier in this thread) which today sets at 8/10. This hardly calls for a "massive hit" for home values. Not to mention that many buyers don't care about HS as they send kids to private schools anyway, or have older kids or no kids at all.
Anonymous wrote:Anonymous wrote:The real winners (purely from a property values perspective) are the ones in the part of the Woodlin ES district getting reassigned from Einstein to B-CC.
That’s what I was thinking. I live in the Einstein cluster, only a few blocks from the dividing line for WJ. The price difference here is pretty big.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Tilden/Luxmanor/North Farm area should take a massive hit in few years when everyone will know that school is not WJ and not even slightly worse but with FARMS rate in 35-40%.
This. Also FARMS likely to be even higher, since wealthier Tilden/Luxmanor/North Farm families will opt out for privates.
And smart kids will opt out for magnets.
There aren’t nearly enough private and magnet spots for everyone who wants them.
Sorry, people need to cope with 1/3 (the horror!) of the student body receiving free/reduced meals. promise you the sky will not fall on your snowflakes.
This is about real estate. Nobody says the sky will fall, but the house prices in those neighborhoods will be affected.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Tilden/Luxmanor/North Farm area should take a massive hit in few years when everyone will know that school is not WJ and not even slightly worse but with FARMS rate in 35-40%.
This. Also FARMS likely to be even higher, since wealthier Tilden/Luxmanor/North Farm families will opt out for privates.
And smart kids will opt out for magnets.
There aren’t nearly enough private and magnet spots for everyone who wants them.
Sorry, people need to cope with 1/3 (the horror!) of the student body receiving free/reduced meals. promise you the sky will not fall on your snowflakes.
Yes, Wj should remain below 15% FARMS. I don't want those poor kids in WJ.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Tilden/Luxmanor/North Farm area should take a massive hit in few years when everyone will know that school is not WJ and not even slightly worse but with FARMS rate in 35-40%.
Tilden/Luxmanor/North Farm area has many things going for it. It is walkable, safe and close to pretty much everything. It is more beautiful than large part of the new WJ area. It is not all about the HS. Plus Tilden MS may end up being better after all MCPS reshuffle is done and, because of the new magnet system, many high achieving kids will end up going to WJ anyway.
Yes, there will be some panicky snowflakes that will rush to throw a fortune for mediocre SFHs in the new WJ zone but that doesn't mean that Tilden homes will drop in value.
HS is very importrant factor in house prices. Not the only factor but veyr important factor. It will be irrational to think that 15% FARMS and 35% FARMS are going to have same value with everything else being equal.
So let's assume that HS is very important for some buyers. They don't look at FARMS, they look at school ranking. So 2-3 years from now, they will start seeing Woodward and its ranking, instead of WJ. WJ is currently an OK school. It is not like they are killing it academically. Buyers see 9/10 ranking for WJ and that sounds good. If FARMS are such a good predictor, Woodward will be closest to Quince Orchard HS (see the list earlier in this thread) which today sets at 8/10. This hardly calls for a "massive hit" for home values. Not to mention that many buyers don't care about HS as they send kids to private schools anyway, or have older kids or no kids at all.
Yeah, but you’re talking to a small subset of crazies here.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Tilden/Luxmanor/North Farm area should take a massive hit in few years when everyone will know that school is not WJ and not even slightly worse but with FARMS rate in 35-40%.
This. Also FARMS likely to be even higher, since wealthier Tilden/Luxmanor/North Farm families will opt out for privates.
And smart kids will opt out for magnets.
There aren’t nearly enough private and magnet spots for everyone who wants them.
Sorry, people need to cope with 1/3 (the horror!) of the student body receiving free/reduced meals. promise you the sky will not fall on your snowflakes.