Schools Rule In Home Buyer’s Decision

Location, location, location. It seems the old home-ownership saying especially applies to school districts.

According to a recent report from Realtor.com, getting their kids into the right school was the top priority for a huge portion of buyers. And those buyers were more than willing to give up other features in order to buy a home in their desired school district.

According to the report, a whopping 91% of buyers with children (and 73% of buyers total) said school boundaries were “important” or “very important” to their search. And of the buyers who purchased a home in their desired school district, 78% willingly gave up desired home features — like a garage, large backyard, or updated kitchen — in order to make sure they got their children into their school of choice.

The Takeaway:

When investing in a home, make sure it’s in a well-ranked and well-regarded school district. Because of the clear impact on property value, this applies whether or not you have children.

Here are helpful links with more information on area education:

Charleston County School District

South Carolina School Report Cards for 2017

Please contact me for an list of independent/private schools in Charleston County.

Susan Matthews is a Realtor serving the greater Charleston area with Coldwell Banker Carolinas. Contact her for more info on selling your home.

 

Get your Instant Home Value…