The quality and value provided by the local public school district is a huge factor in determining the value of a home. Good or bad schools can make or break the selling price of that dream home. According to research from HomeUnion, a home’s value increases when it’s near quality schools, “so savvy buyers typically search for properties near highly ranked public schools to build long-term equity.” Indeed….They crunched the numbers of neighborhoods with the most affordable homes and highest-ranked public schools and suggest that buyers targeting these zip codes will see property values increasing faster than any others in their metro area.
“It’s our hope that this information will assist home buyers, who are either looking to invest remotely or raise a family in their home, in finding the highest values for their properties,” explains Steve Hovland, director of research for HomeUnion.
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