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Old 01-25-2013, 09:30 PM
 
3 posts, read 5,473 times
Reputation: 10

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Looking for help. We currently live in Jeff in a great neighborhood - only one block from Norton Elementary. We have a boy who is not yet in school. I work in Oldham County (Prospect) and we have been looking to move that way. Husband and I are not on the same page though. I like older houses with character and don't mind having to do a little work (we have remodeled two previous houses). He wants a new house an from what I have seen, every house in Oldham County is either horrendously outdated and overpriced or is too far out. I would like to be in the Goshen area ideally. But I find houses I like on Jeff Co (Indian Hills area off 42) and you seem to get nicer updated houses. Plus, I hate how everything is brand spanking new in Oldham (I know that's weird right?!) We are willing to spend $350-$375k at the top but I would prefer less.
We want to be in Oldham so my commute to work is close, and of course the school system, but now I am wondering if we would be better off staying in East End Jeff and just going the private school route? I know it's pricier but I don't know what else to do. We have 4 years until we have to worry about schools but I don't want to move again anytime soon after this move!
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Old 01-26-2013, 07:06 AM
 
Location: Louisville KY Metro area
4,825 posts, read 13,609,344 times
Reputation: 2145
Quote:
Originally Posted by belbiv01 View Post
Looking for help. We currently live in Jeff in a great neighborhood - only one block from Norton Elementary. We have a boy who is not yet in school. I work in Oldham County (Prospect) and we have been looking to move that way. Husband and I are not on the same page though. I like older houses with character and don't mind having to do a little work (we have remodeled two previous houses). He wants a new house an from what I have seen, every house in Oldham County is either horrendously outdated and overpriced or is too far out. I would like to be in the Goshen area ideally. But I find houses I like on Jeff Co (Indian Hills area off 42) and you seem to get nicer updated houses. Plus, I hate how everything is brand spanking new in Oldham (I know that's weird right?!) We are willing to spend $350-$375k at the top but I would prefer less.
We want to be in Oldham so my commute to work is close, and of course the school system, but now I am wondering if we would be better off staying in East End Jeff and just going the private school route? I know it's pricier but I don't know what else to do. We have 4 years until we have to worry about schools but I don't want to move again anytime soon after this move!
Tough call! We just sold a home in your area in less than a week from on-market to 1st offer. My opinion, the new VA hospital is going to drive home prices in the Norton Elementary area to 2006 prices or higher soon. Take your time to move.
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Old 01-26-2013, 02:57 PM
 
7,021 posts, read 15,341,178 times
Reputation: 3461
Quote:
Originally Posted by belbiv01 View Post
Looking for help. We currently live in Jeff in a great neighborhood - only one block from Norton Elementary. We have a boy who is not yet in school. I work in Oldham County (Prospect) and we have been looking to move that way. Husband and I are not on the same page though. I like older houses with character and don't mind having to do a little work (we have remodeled two previous houses). He wants a new house an from what I have seen, every house in Oldham County is either horrendously outdated and overpriced or is too far out. I would like to be in the Goshen area ideally. But I find houses I like on Jeff Co (Indian Hills area off 42) and you seem to get nicer updated houses. Plus, I hate how everything is brand spanking new in Oldham (I know that's weird right?!) We are willing to spend $350-$375k at the top but I would prefer less.
We want to be in Oldham so my commute to work is close, and of course the school system, but now I am wondering if we would be better off staying in East End Jeff and just going the private school route? I know it's pricier but I don't know what else to do. We have 4 years until we have to worry about schools but I don't want to move again anytime soon after this move!
Stay where you are. Don't fall for the "it is better in Oldham trick." You are in a highly sought after area that will have much more long term appreciation. Louisville has some decent public schools and OUTSTANDING parochial/private schools.
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Old 01-26-2013, 07:41 PM
 
Location: Victoria, B.C.
17 posts, read 75,836 times
Reputation: 15
Check out this house in Anchorage... $355K

11703 Little Ln, Anchorage, KY 40223 - Zillow


MLS # 1350370 - 11703 Little Ln, Anchorage KY, 40223 | Homes.com 34 Pics I haven't looked @ yet...

Built in 1941 & newly remodeled & in your price range...Only been listed for 2 days it appears... I couldnt recommend the area or specifically the Basically private school system higher. This home also happens to be in the school district & not all homes in Anchorage are...
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Old 01-26-2013, 08:14 PM
 
3 posts, read 5,473 times
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I love Anchorage - the area is great, and would love to live there. And the house you sent is very cute. However, it would be a further commute for me to get to Prospect - and you can't get much square footage for the money there...we would basically be downgrading in house amenities to get into that area. Our current house is 4BR, 2.5BA, full finished basement and an open upgraded kitchen/great room...
We 100% definitely want to sell our current house. Although the neighborhood is great (and our home value has appreciated just in the last few years we have lived here), we want more privacy from neighbors and more space - a true master bed and bath with BIG closets. Something our house is lacking.
What do people think about being in Prospect, but not being in Oldham County (Hunting Creek, etc.)? My thought is that it would be a harder resale because it's the longer commute for people without the benefit of being in Oldham Co.
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Old 01-26-2013, 08:16 PM
 
3 posts, read 5,473 times
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tomocox -
I'm curious, why do you think that the new VA hospital will drive home prices in this area up? I have been hesitant about looking in this same area because I thought the opposite. More heavily congested traffic on 22/42 - and just the fact that is a VA hospital would push people away from this area???
Thanks for your input.
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Old 01-27-2013, 11:41 AM
 
Location: Victoria, B.C.
17 posts, read 75,836 times
Reputation: 15
"However, it would be a further commute for me to get to Prospect - and you can't get much square footage for the money there...we would basically be downgrading in house amenities to get into that area"

Well, the commute would be simply out the Gene Snyder Freeway if you are trying to get to Prospect.

Downgrading in house amenities you are making up for in quality if life & the school district for your child...Your child would go to the same school from Kindergarten til he/she goes to high school .
Anchorage Public School
Also, the property is worth more. Where in Oldham County is your work located ?
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Old 01-27-2013, 01:38 PM
 
Location: Louisville KY Metro area
4,825 posts, read 13,609,344 times
Reputation: 2145
Quote:
Originally Posted by belbiv01 View Post
tomocox -
I'm curious, why do you think that the new VA hospital will drive home prices in this area up? I have been hesitant about looking in this same area because I thought the opposite. More heavily congested traffic on 22/42 - and just the fact that is a VA hospital would push people away from this area???
Thanks for your input.
The traffic issue is being resolved at I-264/US 42. There is a major interchange improvement coming with a possible new interchange at US 42/ I-71.

Traffic typically does not destroy property values of an area. People who moved there for the peace and quiet do move away, but the demand for close-to-work drives values back up.

VA Hospitals are newly vibrant, great places to work with all the issues challenging private & non-profit hospitals due to Obamacare.
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Old 01-27-2013, 01:40 PM
 
Location: Louisville KY Metro area
4,825 posts, read 13,609,344 times
Reputation: 2145
Regarding Anchorage, if you consider Anchorage, you must know exactly the school system. Just because you live in Anchorage and pay the most expensive property tax rates in Kentucky, doesn't mean you'll be in the Anchorage School District. Be very, very careful.
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Old 01-27-2013, 02:37 PM
 
Location: Victoria, B.C.
17 posts, read 75,836 times
Reputation: 15
Quote:
Originally Posted by tomocox View Post
Regarding Anchorage, if you consider Anchorage, you must know exactly the school system. Just because you live in Anchorage and pay the most expensive property tax rates in Kentucky, doesn't mean you'll be in the Anchorage School District. Be very, very careful.

You Are Correct...I DO Know Anchorage ...Lived Most of my life there and went completely through the school. The house I linked her to IS in the School District.
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