Posted on September 1, 2016 - 12:38 PM
by CHAPMAN HALL REALTORS COASTAL
We all know that a lot of buyers try to buy homes in areas in good school districts, but did you know that it can also be a wise financial decision? Homes in zip codes with at least one good elementary school have higher values and stronger home price appreciation over the long term than homes in zip codes without any good elementary schools. For example, zip codes with at least one good school, the average estimated home value is 77% higher than the average home value of zip codes without any good schools. So, good schools might be a criteria that all home buyers look for, not just those with kids.
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