Impact of Good Schools on Home Values – $50 More PSFT

“The 2015 National Association of Realtors Home Buyer and Seller Generational Trends study found that the “quality of the school district” was the sixth-most-important factor influencing the neighborhood choice of home buyers around the country, but for buyers 35 to 49, the school district was the fourth-most-important factor.”

“The correlation between highly rated schools and higher home prices has been documented, including a Redfin brokerage report in 2013 that found that homes in neighborhoods with top-ranked schools cost about $50 more per square foot than homes in communities with average-ranked schools.”

Republished:  http://www.supportjeffcokids.org/property-values/