Fairfax County General :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
The "Madison Island" Two Years Later
Posted by:
Suburban Historian
()
Date: January 14, 2010 09:57PM
It's been about two years since FCPS did away with the "Madison Island" that attended Wolftrap, Thoreau and Madison. At the time, people were very angry about this change.
With the passage of time, how do those affected feel about that change now?
Did some of you sell your homes and move to a new district? Or stay put but find ways to stay in the old pyramid, rather than Sunrise Valley/Hughes/South Lakes?
What about those who stayed put and accepted the new boundaries? Were you pleasantly surprised with the new schools, or was your experience just the opposite?
Not interested in rehashing the old RD thread (what's done is done), but curious as to the experience of people who lived through the process first-hand.
With the passage of time, how do those affected feel about that change now?
Did some of you sell your homes and move to a new district? Or stay put but find ways to stay in the old pyramid, rather than Sunrise Valley/Hughes/South Lakes?
What about those who stayed put and accepted the new boundaries? Were you pleasantly surprised with the new schools, or was your experience just the opposite?
Not interested in rehashing the old RD thread (what's done is done), but curious as to the experience of people who lived through the process first-hand.
Re: The "Madison Island" Two Years Later
Posted by:
Annexed
()
Date: January 15, 2010 05:03PM
This was typical of what happened at the time. Some people dumped their houses to get out of the area for much less than what they could have received if they'd stayed in the Madison district. It literally was a transfer of wealth from people in MI to Reston homeowners.
http://franklymls.com/FX6762262
http://franklymls.com/FX6762262
Re: The "Madison Island" Two Years Later
Posted by:
BKC
()
Date: January 15, 2010 10:58PM
Annexed Wrote:
-------------------------------------------------------
> This was typical of what happened at the time.
> Some people dumped their houses to get out of the
> area for much less than what they could have
> received if they'd stayed in the Madison district.
> It literally was a transfer of wealth from people
> in MI to Reston homeowners.
>
> http://franklymls.com/FX6762262
That's not that bad, when they sold the house they only lost $350,000.
-------------------------------------------------------
> This was typical of what happened at the time.
> Some people dumped their houses to get out of the
> area for much less than what they could have
> received if they'd stayed in the Madison district.
> It literally was a transfer of wealth from people
> in MI to Reston homeowners.
>
> http://franklymls.com/FX6762262
That's not that bad, when they sold the house they only lost $350,000.
Re: The "Madison Island" Two Years Later
Posted by:
Mr. T jr
()
Date: January 16, 2010 09:55AM
Could it be from the overall housing slump?
Re: The "Madison Island" Two Years Later
Posted by:
Annexed
()
Date: January 16, 2010 11:49AM
You can't attribute the low sales price simply to the housing slump. BTW, I don't think they actually lost $350,000 on the house, but the house would have gone for at least another $200,000 had the boundaries not been changed.
Re: The "Madison Island" Two Years Later
Posted by:
soccergay315
()
Date: January 16, 2010 07:25PM
Annexed Wrote:
-------------------------------------------------------
> the house > would have gone for at least another $200,000 had
> the boundaries not been changed.
I call BS on that one. There is no way the change had that much of an effect.
-------------------------------------------------------
> the house > would have gone for at least another $200,000 had
> the boundaries not been changed.
I call BS on that one. There is no way the change had that much of an effect.
Re: The "Madison Island" Two Years Later
Posted by:
2AP parent
()
Date: January 16, 2010 09:23PM
This is a good question to ask those Fox Mill parents.........Are you sending your kids to South Lakes or not and how's it working for you???????????
Re: The "Madison Island" Two Years Later
Posted by:
Annexed
()
Date: January 16, 2010 09:58PM
soccergay315 Wrote:
> I call BS on that one. There is no way the change
> had that much of an effect.
Well, yeah, there is. All you need to do is compare prices for similar homes in Vienna assigned to Madison, Oakton or Marshall. They are much higher. Buyers knew these sellers in MI were anxious and unhappy so they had all the bargaining power.
> I call BS on that one. There is no way the change
> had that much of an effect.
Well, yeah, there is. All you need to do is compare prices for similar homes in Vienna assigned to Madison, Oakton or Marshall. They are much higher. Buyers knew these sellers in MI were anxious and unhappy so they had all the bargaining power.
Re: The "Madison Island" Two Years Later
Posted by:
Mr. T jr
()
Date: January 17, 2010 09:15AM
I think those MI sellers need professional help if that's the case.
There's house not far from Madison island that recently sold about $400k less than the previous price. It happens to be in the Langley HS pyramid, a much better school than Madison.
There's house not far from Madison island that recently sold about $400k less than the previous price. It happens to be in the Langley HS pyramid, a much better school than Madison.