How Do Schools Boost to Home Values?
Did you know that homes located by a high-rated school nearby can increase their value by 77 percent!?
A high-rated school is considered with test scores at least one-third above the state average.
Home owners living near at least one good school have gained, on average, $74,716 in value since purchase — an average return on investment of 32 percent, the study found.
The average return on investment is 32 percent of homeowners living near a good school, studies says.
High-performing schools are a financial benefit for home owners, especially over long term.