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The Connection Between Real Estate Home Values and Schools

Hello Hampton Roads,

Have you ever wondered about the connection between real estate home values and schools?



It's no coincidence that the most desirable neighborhoods and higher home values are in areas with strong school districts and that the least desirable areas and lower home values are in areas with struggling school districts.    School districts influence neighborhood choice and many buyers with school-aged children are willing to pay more, or compromise on a smaller house or certain on amenities to be in a better school district.  Additionally, buyers without school-aged children know that this demand leads to stronger property values and therefore, better re-sale opportunities.

In fact, according to a 2016 study "Schools and Housing Report" by Attom Data Solutions,
areas with good schools have property values up to 77% higher than areas without them.

If you are in the market to buy a home and school districts are a factor in your decision making process, s…

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