The quality of the school district is a most important determinant of the market value of a house. For buyers with children, the quality of the local school system may be as critical to their decision as the appeal of the house.
The desire for a quality education usually causes parents who are in the market for a home to ask questions about the local school district. What is the annual expenditure per pupil and the average class size? Are special programs available? What percentage of high school graduates go on to college? What is the physical condition of the schools and the district's record in handling school bond proposals? Parents may also want to know the school board's educational philosophy.
A professional real estate agent has the experience and knowledge to help you choose the right community for your family.
Open Mortgage, LLC NMLS # 2975 - Downey, CA
(562)743-6086
I couldn't agree more on the importance of a sound school district. I take my daughter to a neighboring school district. Test scores were all that I needed to see. As an Appraiser, I think that schools should be a stronger factor in property values. Smaller house, smarter kids, it's a no brainer.
Nov 27, 2007 03:08 PM
Clark County Real Estate Tips!
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