Which Saratoga are you talking about? The one in the San Francisco Bay Area? Cupertino/Saratoga have top schools. You should realistically be able to get a 3 BD townhouse for about $800K to $1 million, and if you want one that is larger than 1500 sq feet, you can expect to pay more than that. I suppose it is a good place to start since teh cheapest single family homes that size are well over $1 million.