First, there are almost no locations in town that wouldn't support an $800-900,000 house. As for Fells, it's fairly broad. Russell or Fells Road is one thing, Beechwood another and Garrison and Shirley another still. Values are really different on a street by street basis. As for elementary schools (7 in total), Fells is divided between Bates & Hardy (mostly Hardy). Right now, Bates is quite popular because it's newest. They all have the same curriculum, however, and we only have one middle and one high school. You cannot go wrong with any Wellesley public school. One last thought - there are no guarantees that a home will always yield a ROI when you sell. You should buy because it's a home you like and need. The fact that it's an "investment" that you get to live in and to also write off the mortgage interest is a bonus. I know no one wants to lose money on a house, and Wellesley's as 'blue-chip' a real estate purchase as you might wish for.