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Does a good school boost property value?
I'm considering 2 areas. One has better schools and I'm wondering if I will have better resale value in the area with better schools.
Asked By Sabrina | Mount Lebanon, PA | 450 views | Buying | 1 year ago
Answer(3)
Chris Yochum
Dickson Realty
Yes, schools are important to many. Its a good thing to consider when purchasing and for resale value.
- 1 year ago
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Julianne Clark | Your Lowcountry Compass
Charter One Realty
Yes, proximity to good schools can often have a positive impact on property values as well as make it more desirable to families with school age kids. Many homebuyers, especially with families, consider the quality of nearby schools when making purchasing decisions. A highly-rated school district can make a neighborhood more desirable, leading to increased demand for homes in that area. This increased demand can drive up property prices and reduce time on market.
- 1 year ago
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Carol McCann, CRS,GRI,SRES
RE/MAX Millennium
Yes, in my opinion, the school district definitely makes a difference as far as property values.
- 1 year ago
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