School Zones and Home Prices: The Hidden Factor in Your House Hunt
Schools have a big impact on home prices. Houses in top-rated school districts often cost more than similar homes in other areas. This is because many families are willing to pay extra to live near good schools.
When you're looking for a home, check out the school districts. You might find that homes just across a district line are much cheaper. This could save you thousands of dollars on a similar house. Or, if you don't have kids, you might get more house for your money in an area with lower-rated schools.
Even without children, buying in a good school district can be smart. These homes often keep their value better and can be easier to sell later. It's about thinking long-term.
Before you start house hunting, research local school ratings and boundaries. This simple step could help you find a better deal or make a smarter investment.