[AllieG2013]

Hey guys! I was hoping to get some insight into these two places. My husband and I want to move to the area- he has a job in NYC, so we don't want to move too far out to make the commute too long for him. We want to buy a starter home in either Stamford or Norwalk. We don't care about school districts too much, as we plan to move out to better school-district areas once we have kids that are old enough for schools, so thats not a factor. For us, its all about being able to re-sell the home when the time comes.

Obviously barring housing crashes and all that, for the 450-575k range, which town do you guys see/know having a better resell value? As a starter home, it would probably be a smaller home, 3 bed, 2 bath (thats what we are looking for at least).

[JayCT]

Either Stamford or Norwalk would be fine but I would have to give Stamford a slight edge due to it being closer to New York City and being bigger. That said Norwalk is a close second so you really can't go wrong with either. Since they are both cities though, I would be very careful to select a home in one of their better neighborhoods. Jay

[Mike 75]

Overall - Stamford. Just with the NYC commute alone I would go with Stamford. Its also closer to NYC and has better schools and lower taxes, all of which will help resale.

[EUPL]

Stamford!

[Raider111]

Agree with Stamford as it's obviously closer. To say schools are better in one vs the other is knit picking.
Both have nearly identical mill rates for Prop taxes.
I would say your budget is in a very comfortable range for resale in both, not a problem for a well kept and updated home, certain areas will sell faster. I've sold two properties in Norwalk at profit, both in well under a month, and one in a down market.
The worst areas in either are small, and irrelevant for your price range.

[lginlg]

Stamford for the commute (express trains to NY and Amtrak stop), the amenities, the re-sale. Manage your expectations with your budget...you're moving to one of the priciest areas of the country. But you'll get it back and more...

[AMSS]

Stamford for the commute. And if you get stuck there, don't fret. The schools in Stamford are good.

[Stylo]

Stamford. I like it better as a city personally, and you're closer to NYC.

[SeaDoo342]

Originally Posted by AMSS

The schools in Stamford are good.

I wouldn't say "good"… you speaking from experience?

[AntonioR]

Stamford schools are good, unless you are the type of parent that leave your children to their own devices.