How do school ratings affect my home's value?
By Bob Millaway, South Jersey Community Expert & REALTOR®
School ratings have a powerful impact on home values. Homes in districts with top-rated schools can sell for 10 to 30 percent more than similar homes in lower-rated districts. Strong schools attract more buyers, create steady demand, and help homes retain value during market downturns. Even buyers without children consider school quality because it affects future resale. School ratings are one of the most important location factors.
Why It Matters
Your home's school district can raise or limit its value more than any renovation you could make. It is a long-term value driver you cannot change.
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