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Old 02-03-2011, 01:10 PM
 
203 posts, read 484,847 times
Reputation: 52

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Forgive me as I am sure I'm not the first person to ask the above.

Received a call regarding a job in Cambridge Mass for one of the bio/drug companies. I interned in the Boston area ~13 years ago but that was without a wife or kids. Central square. Liked it.

Would want not much more than a 30 minute commute (ideally by train/T)
Need 3 bedrooms but could do small (Previously had ~1,400 rowhouse in Philly)
I'm OK with private schools (? Tuition for elementary school)
Would love to do city/urban again (No cars, walk everywhere) but need to find those "kid friendly" parts of the city (Other kids around, parks nearby)

But

I probably would not be able to go above $600k.
Where is this doable? Is it doable?

Alternatively, if I want all the above in the greter boston/back bay/fens/cambridge/north end (and other "nice" city neighborhoods) what should my house budget be? Do any of these nice areas have top notch public schools (to offset the tuition costs)?
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Old 02-04-2011, 01:05 PM
 
7,341 posts, read 9,011,467 times
Reputation: 8408
Quote:
Originally Posted by PhillyIndy View Post
Forgive me as I am sure I'm not the first person to ask the above.

Received a call regarding a job in Cambridge Mass for one of the bio/drug companies. I interned in the Boston area ~13 years ago but that was without a wife or kids. Central square. Liked it.

Would want not much more than a 30 minute commute (ideally by train/T)
Need 3 bedrooms but could do small (Previously had ~1,400 rowhouse in Philly)
I'm OK with private schools (? Tuition for elementary school)
Would love to do city/urban again (No cars, walk everywhere) but need to find those "kid friendly" parts of the city (Other kids around, parks nearby)

But

I probably would not be able to go above $600k.
Where is this doable? Is it doable?

Alternatively, if I want all the above in the greter boston/back bay/fens/cambridge/north end (and other "nice" city neighborhoods) what should my house budget be? Do any of these nice areas have top notch public schools (to offset the tuition costs)?

Without re-inventing the wheel, 600K is decent, but areas such as Cambridge and Newton and Brookline are very expensive, and you'll likely need all of that, and perhaps more; perhaps you should also look into communities such as Arlington and Watertown; Belmont, while also expensive, is very nice , and not far from the Red Line ( take 5-minute bus to Harvard Square to pick up the Red Line)...

You'll find great public schools in communities like the aforementioned Newton and Brookline ( on the Green Line) and Belmont is also highly-regarded, as well. The Boston Public Schools are generally not the best option..

I haven't mentioned the suburbs, but they include, Winchester, Burlington, Milton, Wellesley, Sudbury, and others too numerous to mention. many are quite expensive; the cheaper suburban options, such as Framingham or Salem, are even further out, and would be too long of a commute for you.

Personally, I would push for something in Arlington or Belmont; both are nice communities ( Belmont>Arlington), with good/great schools, and would involve taking a bus to connect with the Red Line, so the commute would be reasonable...
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Old 02-04-2011, 07:22 PM
 
199 posts, read 811,859 times
Reputation: 167
Private schools costs vary widely. Middlesex School in Concord, which is a top boarding school in the country, is over $46,000/yr for boarding and over $35,000 for non-boarders. This is comparable to many of the top boarding or day schools here in greater Boston area. Of course, there are plenty of excellent private schools that are not as costly, but this will vary widely and depend on many factors, including location. But private schools may be an option if you decide to move to a cheaper, less desirable suburb.

Concord, Lexington, Lincoln, Belmont, Arlington, and Winchester are within 30 minutes or so to Cambridge - all of which have great/excellent public school systems. Of course, as the MassVT mentioned, these towns are expensive and $600K may not go far.

As the previous poster mentioned, Arlington and Belmont are close to Cambridge and would be the easiest in terms of commuting. Personally, I like Watertown, but not if you've got kids as I don't think the schools are as good or the town as family-friendly as Arlington or Belmont.
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