Depending on how much you have to shell out, what you are really trying to achieve (the future) and what lifestyle is the right fit for you, will depend on the right home purchase.
Both areas have have wonderful attributes. Depending on your budget though, you can be very happy or extremely disappointed. If you want a modern style home with ample square footage for $200K in G'town - you might be disappointed. If you work downtown and want a quick commute - that too might play upon you.
Schools in both area have been considered sought after - it depends on who you ask. They are both in the County School "program". However believe it or not those are not the schools with the largest growth index (the best indicator of top rated and where parents migrate to for their children's education needs).
As far as the snob factor, in my 14+ year real estate career, I find the higher priced home ANYWHERE creates the "entitlement" attitude. I see it from the downtown to the Lakeland communties over to Collierville and in Germantown. I can't say I have every seen it happen in the areas where folks are really living way below their means.
Lastly, your investment for future returns should be based on current and long term data regarding an area. Areas with stability, low foreclosure ranking and good community developement will be key in holding the value plus building equity. Find you a Realtor that understands your goals - you will live happier and make a sound decision - one not based on speculation of what SHELBY Co used like or what is a mob opinion.
I hope our collective comments have helped you with your questions. If can provide any additional information pease don't hesitate to let me know.
Mortgage Loan Officer
BenchMark Realtors, LLC
BenchMark Mortgage, LLC
As a mom myself, I have had three kids come through the Farmington, Houston Middle and Houston high school district , which is Germantown, and also one child due to the school board changing the zones- not that we moved-He went to Farmington, then Sycamore, Schilling then Houston middle for one year then HHS.
So we definately have had a view of both school systems- The zoning is different- the people at both schools are diversified and each has its issues. Collierville won several awards this past year , and HHs has had National Scholars awards as well as the sports awards.So it will really be your call! Collierville 's zone does extend into the rural area more-they have a 4-H Club, which Houston does not . Vist the schools, go to the area when the school lets out and see what you think! - I know in my heart it is really what I do , or my husband and I do, that helps to mold these precious things ! Our oldest went on to University of Alabama, and is now a practicing Closing Attorney, and the other daughter is still at Alabama -only four hours away-and is studying Interior Design- on the Deans's list her first and second years! While she was Cheering for Bama !! We have a son, that is still at Houston, playing Rugby, Basketball at the church, and the verdit is still out on his decision for what college to attend. I have three nieces that attended the Collierville high school and they have turned out wonderful !!-I could get you there numbers if you like , the youngest is at Christian Brothers University as a Freshman. I would let the schools and of course the PRICE POINT of what you choose to Pay for a home dictate my decision.-Good Luck !