School districts can play a big role in determining home values in certain areas, which means homebuyers need to do their research about this topic before buying.
When buying a house, you should always make an educated decision (no pun intended).
School districts play an important role in the future value of your home. In our area, we’re fortunate in that we have a lot of great schools. That being said, there are some school districts people commonly choose over others.
A good example of this is Fitchburg, where similar neighborhoods have people who send their kids to different schools. One area’s residents might send their kids to West Madison High School, while another nearby area might send their kids to Verona High School. The home values can be quite different between those two areas.
Even if you don’t have school-aged children or it’s not important to you where your kids go to school, it could be important to your home’s next buyer. Being in proximity to a great school district tends to maintain or increase a home’s value over time.
This means you need to research the local school districts in the area you’re considering buying a home in. Here are some excellent resources clients of mine have found helpful in this regard:
Each of these websites offer current statistics on class size, student-to-teacher ratios, and test scores. These statistics don’t always tell the whole story, though, so you should also look at a school district’s sports and arts programs. Message boards and Facebook groups are also a great source of information, and there are parent and student reviews you can find online.
Since online information can only tell you so much, you should also try reaching out to each school districts’ PTA.
If you’d like more information on resources that can help you research school districts or you have any other questions about this topic, don’t hesitate to give me a call or send me an email. I’d love to help you.