A 2017 study from Realtor.com identified the price premium to buy a home in a strong public school district and provided market insights into the top districts garnering the highest home prices and demand from buyers.
The table below includes the 2016 median list price for homes in specific Contra Costa school districts as compared to home in the county as a whole. Average school ratings are included for reference (provided by GreatSchools.org). Continue reading →
Buy a better home in a poorly-performing school district, or buy a smaller home in a great school district? Should you consider private school?
Should you buy a house in a better school district – one with “higher-performing” metrics? Or consider a nicer/larger home in a less-expensive, lower-performing district and send your child to private school? Does buying a house based on a school district make sense?
If you have a family with school-age children or are considering starting a family soon, it’s likely you are closely examining school district ratings on websites such as greatschools.net. In a 2017 study by the National Association of Realtors, 26% of home buyers considered the quality of schools when looking to purchase a home. The trade-off can be difficult, but Continue reading →