Why School Districts Matter— Even If You Don’t Have Kids
While its obvious that towns with good school districts would be appealing to parents and those planning for children what does this mean for the real estate market in those areas?
Typically homes in good school districts are more expensive than similar homes in poor performing districts both in price and taxes. While homes in good districts are more expensive the benefit is that these markets have stabler home prices meaning higher resale value when it comes time to sell. A 2013 realtor.com® survey of nearly 1,000 prospective home buyers showed that 91 percent said school boundaries were important in their search. With the importance of school qualifications prominent on buyers mind you can expect faster home transactions.
Recently Niche.com has released its data for the 2018 Best Public High Schools ranking. Using a combination of public data and millions of reviews from students and parents this blend of information comes together to reveal what schools are really like.