If you are in the process of buying a house, there are many things to consider such as price, size, neighborhood, number of bedrooms and bathrooms, the size of a backyard, etc. Many families with kids put the school district as the most important factor when deciding on location. It is important for them to know their child will be attending a good and safe school. On the other hand, for the buyers who do not have kids it is a concern because of the higher prices and taxes. So, what role does a school district play in the home buying process. Good school district equals good location.

Many parents are willing to pay extra per square footage to be close to schools that rank high. Whether you have children or don’t, buying a home in a good school district has it’s advantages. As we all know, real estate market has it’s ups and downs, and being in a good school district can protect you from that and your home value might not be as affected. Also, when purchasing a home, it is important to keep in mind the resale value. According to Realtor.com, buyers will spend 6% to 10% more to be in a good school district.

As you can see, being in a good school district has it’s advantages, but despite all the factors, when you make your buying decision and deciding on the location, make sure you are choosing the house that is right for you!

Flickr Creative Commons: Bruce Washburn (CC BY 2.0)
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