I often get questions about where people should live in Austin. I have a quiz to help people, but sometimes readers want a personalized approach.
Frequently they ask something like, "I want to live close to downtown in a great school district. But my budget is only $150,000."
Here's my answer to that question (in the form of a venn diagram):
See how the circles don't intersect in the middle? The harsh truth: there's no way something close to downtown with good schools would EVER stay affordable. You just can't have all three. I would venture to say that it's just not possible anywhere - Austin and beyond.
Choose good schools and close to downtown, and expect to pay at least $250,000 (and I think I'm being optimistic here). Choose good schools and under $150k, but you're not going to be anywhere near downtown. Choose near downtown and under $150k, and the schools are going to be less than satisfactory.
Ok. End of venn diagram geek-out.
Labels: Real Estate, schools