School boundaries are major factor in home-buying decision, survey finds
As kids begin to go back to school, a new survey is out that suggests location to schools is a major factor in people's home-buying experience. The survey done by Realtor.com states three out of five home buyers say school boundaries will affect where they purchase a home. According to Realtor.com, almost 60% of home buyers would go over budget anywhere from 1% to 20% to obtain a home in their desired school boundaries while just over 40% would not.
For those home buyers that said school boundaries will affect where they purchase a home over 90% stated it was important to somewhat important. Those same home buyers are also willing to give up several amenities to live in the school boundaries of their choice. Those amenities included a spa and/or pool, accessibility to shopping centers, a bonus room in the home and nearby park and trails.
The question to ask is: Do I want to give my child a shot at the best education possible? And see where it leads you in your home search.
Posted by David Ellis on
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