Does House Shopping By School District Matter?

For many homebuyers, the quality of the local school district is often a primary concern, regardless of whether they have children or not. Why, you may ask? The school district impacts not only the education of the residents but also the value of the homes in that district.

When it comes to buyers with kids, the saying "location, location, location" takes on a whole new meaning. The choice of neighborhood, and by extension, the school district, is one of the key factors that families consider before they settle on a home. The proximity to high-quality schools plays a significant role in the decision-making process, as does the commute to these institutions. These considerations are crucial because they ultimately impact the quality of life and the academic prospects of their children.

A good school district often implies that the students have high test scores, and higher test scores are generally indicative of excellent schools. This is attributed to a variety of factors such as quality teaching, advanced programs, and abundant resources. As a parent, living in such a district provides confidence that your children will receive a well-rounded education that equips them with the necessary skills to succeed in life.

See where Andover Ranks here! 

In addition to academic performance, school districts often shape the community's culture and social environment. Schools with robust extracurricular programs are likely to host community events, attracting residents and fostering a sense of community. This vibrant social environment creates a wholesome atmosphere in which to raise a family.

But what about buyers without kids? Why should they be concerned about the quality of a school district? The answer is simple: homes in top-rated school districts tend to hold their value better than homes in less desirable school districts, even in a depressed market. This is because demand for homes in high-performing school districts is always high, making them a good real estate investment.

Furthermore, when it comes time to sell the house, the reputation of the school district can be a solid selling point. Homes in good school districts often sell faster and at a higher price than homes in areas with less reputable schools. Buyers, especially those with kids, are typically willing to pay a premium for homes in preferred school districts.

It's important to note that a good school district often means a better neighborhood. High-ranking school districts are typically found in safe, family-friendly neighborhoods. This is not only good for the living conditions but also affects the home's value. Not to mention, these areas offer a variety of amenities, including parks, recreational facilities, and shopping centers.

The commute is another consideration for both types of buyers. For families with school-going children, an easy commute can mean more family time and less stress for everyone. On the other hand, buyers without kids might be more interested in a home's proximity to their workplace or city centers. 

Want to read more about this? 

Many articles have been written about this very topic and can be read here: 

How Important is School District when Buying a House: 

Are Homes in Better School Districts Worth the Money?

No Kids? Why you Should STILL Buy in a Good School District