Public Schools: An Important Factor in Your Home Buying Decision
For families who are interested in making the move to a new location, information on school districts can be an important factor in their decision making.
In addition, buyers without school-aged children should also take the time to understand the quality of the local K-12 schools, because good schools reliably correlate with higher home values.
Why buy a new property near highly rated public schools?
Desirable Homes
Young families make the decision to move locations in order to provide their children with the best education that they can afford. Considering this, homes for sale within a desirable school district will be sought after more by these types of buyers.
Securing a High Resale Value
If a buyer does not have children and is looking to move to a new area, it may seem like knowledge about their prospective area’s public schools may not be relevant. However, the ratings of the public schools in an area can greatly affect important aspects of your investment, as school ratings typically correlate with the resale value of your home.
Proximity to Public Spaces
Another factor that contributes to the desirability of a home is the proximity of the home to the school(s). Homes close to school locations offer the ability for families to walk or ride bikes with their children to their school. All residents, with or without children, can enjoy the perks of having fields, trails, and other outdoor recreation spaces that are open to the public on the weekends.
Browsing Online
With organizations like Greatschools.org, one can look into specific rating details about schools within an area, beyond online reviews and informational posts. Greatschools.org provides information about a number of factors that go into their overall scoring of schools– such as test scores, academic improvement rates, equity evaluations, and more.
Work with Bellingham Bay Realty
If you have questions about the public schools of your current or future area, please contact us today. At Bellingham Bay Realty, we have a team of agents with knowledge and experience in Whatcom County and Skagit County that are happy to help you at any stage of the moving process.
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