The Right School District: How Much Do Schools Affect Real Estate Prices?

Many consumers will pay more to live in a good school district -- this is very true to buyers who have kids. Homebuyers are willing to sacrifice certain things to live in the right school district. Some survey results were surprising: One out of five buyers would give up a bedroom or a garage for a better school. One out of three would buy a smaller home. A full 51 percent would give up shopping for schools. You should know three reasons why you too, should consider the quality of school districts when you buy your next home.

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