House hunting can be fun, exhausting, stressful and time consuming. Before choosing your perfect home, you will likely have a list of things you want and do not want. Regardless of your family size or whether or not you have children, one thing you should consider is the school district and rating of the schools in your neighborhood. This can have a huge impact on the value of your property and the overall enjoyment of your new home.
Here are some of the benefits of choosing a home in a good school district, whether or not you have children:
1. Great schools make for an easier sell
Although this may be the right home for you now, you might consider a move in the future. Your next buyer may have children or grandchildren and be in the market for a neighborhood that offers great atmosphere and schools. Always consider your future needs as well as your current desires.
2. Good school districts usually mean good neighborhoods
When you choose a home in a great school district, you are more likely to find safer neighborhoods, high quality shopping, great transportation choices and multiple public amenities, such as parks, pools, golf courses, etc.
3. More money spent on schools equals more money spent on homes
There is a correlation between school expenditures and home values in any given neighborhood. For every dollar spent on public schools in a community, home values increased $20.
4. Higher school ratings raises and maintains home values
While changes in the economic landscape and local area can ripple across the market, a great school district can sometimes help insulate a home from market fluctuations.
Call us today with any questions or concerns. Our professional Escrow Agents will help you through this exciting yet confusing process. (951) 335-7200