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How Schools Can Affect your Home Value

Wednesday, February 28, 2018   /   by Kimette Hughes

How Schools Can Affect your Home Value

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When it comes to buying a house, there are many factors a potential buyer will look at. Everything from a home’s layout to kitchen to the yard. In the end, though, the most important factor is location. Often a family will want to be close to the city where they are working, at an important location near a downtown area, or even a specific neighborhood they have been scouting.

Something many sellers may not know is that many buyers value being within a specific school district. When I was selling my home, our school district was a big selling point that people used when marketing the home.

As many homebuyers in Utah are large families, a school district is often important for them. Many things make a school district highly sought after.

Sports

While sports are available in most school districts, some schools and programs within schools are more prestigious than others. Some schools may have a long tradition of being a basketball powerhouse or a football dynasty. Some others may have coaches that foster talent that will get them to colleges or professional leagues. If this is important to your family, finding schools within that district may be a big selling point.

Academics 

In a perfect world, all schools would provide equally strong programs that would foster a child’s academic skills. However, schools, even within certain districts are more challenging than others. When the competition for strong colleges and future careers are stiff, many parents do whatever it takes to give their children an advantage. Some schools offer strong Advanced Placement courses, access to local colleges for college credits, and help in areas like ACT/SAT test practice. When your home is in a neighborhood that has schools with strong academics, many potential buyers are drawn to those properties.   

Music/Art Programs

Many schools focus on their music and arts programs. While some schools don’t even have music programs or focus mostly on academics, this can be something that makes potential buyers seek new areas that will help develop their children in more music-focused environments. It is said that participation in performing arts helps children in many areas of academics such as better school attendance, increased self-esteem, deeper cognitive skills, better grades in science and writing, and enrollment in post-secondary education.

As the competition for college and careers becomes stronger by the year, people are looking to help their children achieve any advantage they can get. This is why having good schools near your home can help increase the value of your home.  For more information, contact Scott Gibson.

 

https://www.homes.com/blog/2010/09/schools-can-affect-home-values/


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Red Rock Real Estate
Kimette Hughes
90 E. 100 South
St George, UT 84770
435-668-1799
Brandon Hansen
Senior Lending
NMLS# 283559
Direct: 4356749200
BHansen@ccmclending.com
1224 S. River Rd.
A106

Information deemed reliable but not guaranteed. Listing data provided courtesy of the Internet Data Exchange Program of The Washington County Board of REALTORS, Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of The Washington County Board of REALTORS, Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Kimette Hughes - Red Rock Real Estate include the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated as of June 19, 2024
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