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Friday, September 27, 2013

Stat of the Week: Study Shows Homes Sell for $50 More Per Square Foot Near Good Schools

Just last month I wrote a blog post about a survey showing that over 44% of potential home buyers are willing to go over their buying budget in order to buy a home in their preferred school district.

And now comes a new study showing that premium can amount to $50 per square foot for homes near the best schools.  And yes, I have had Tucson home buyers who would not even look at houses unless they were in a particular school district or near a certain school.  So as I said before, support your local schools!  They could be affecting the value of your home.

Check out the link for more information on this Redfin study.

Study: $50 More Per Square Foot for Homes Near Good Schools

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