ipl-logo

The Effect Of A School District On Real Estate

502 Words3 Pages

The Effect of a School District on Real Estate

If you are a parent you understand the importance of school districts. Schools differ greatly from one district to the next and parents that want their children in the best schools take action. But, are people really willing to base their real estate search around the school district they are looking for. We have the stats to prove they do.

Realtor.com conducted a survey in 2013 that found an astounding 91 percent of home buyers took the school district into consideration during their home search. School districts are important. There are extreme stories of people purchasing homes sight unseen strictly because it lies in the school zone they desire. While, not all buyers go to this extreme, the majority are concerned about schools.

Buyers Are Willing to Make Sacrifices

Buyers looking to live within a certain school district are …show more content…

One in three buyers that desire a specific school district are willing to purchase a smaller house and 20 percent of buyers would sacrifice on the number of bedrooms.

Is it the Chicken or the Egg?

The numbers prove that houses in top school districts sell for more money. However, the statistics aren’t as clear about what the cause is for this. Some people believe that the good school districts are the reason that the houses are able to sell for more, thus bringing in more affluent homeowners. However, the other side believes that the schools are good because the houses cost more only allowing the more affluent homeowners to move into the area.

In the end the argument doesn’t really matter. Either way homes within good school districts bring in higher prices than those with lower rated schools. This leads to a trickle-down effect. Good schools lead to higher home prices. More affluent buyers purchase the homes, which helps to make the community as a whole more

Show More
Related
620 Words | 3 Pages

Local governments were hurt mightily, since property taxes went to local governments to fund education (Christensen 115). Special Districts proliferated within the state, which could tax or charge autonomously from the state. Because of the lucrative real estate, the state is forfeiting a major source of revenue, so to counteract that, we have the highest personal income tax and one of the highest sales tax within the nation. The state uses this capital to fund more services typically reserved for local governments Another flaw with Prop. 13 is best explained through the neighbor analogy. A couple has lived in a suburban home for several decades, and its assessed value is $100,000.

Read More
1622 Words | 7 Pages

He then goes on and says when you experience unprecedented growth year in and year out and you are committed to smaller schools to create more opportunities for students, rezoning is a part of that commitment. He then states leaders believe it will provide more opportunities for students to get involved in activities and enhance educators’ abilities to build personal relationships and know the name and need of every student. Lyon then observes the reports of growth in FISD. He talks about how in the past 20 years, FISD has built 60 schools and grown by more than 50,000 students. Which means the District has opened three new schools each year in the past 20 years.

Read More
1003 Words | 5 Pages

Although educated and wealthy residents directly bring economic interests to the district, the policies should not focus on only

Read More
722 Words | 3 Pages

The author admits that some of these school changes lead to a better education for citizens. All in all the process of states paying for education is a complex one that involves many factors for each state to preserve the money that they has been provided by

Read More
595 Words | 3 Pages

There is an article which refers to the government funds allocated to schools, it is called "A tale of Two Districts", which describes the history of two districts, the reforms of the schools, and how these reforms could destabilizing education programs. In this case, the author talks about two New Jersey’s districts: Newark and Montclair, describing the aspects of each one and the differences that exist between the public schools of these two cities.

Read More
1117 Words | 5 Pages

These results should not be surprising. When the goal is to reduce property taxes, there is a good chance politicians will decrease taxes and school funding overall as adding offsetting taxes would seem at cross-purposes with the reduction in property taxes. However, when the goal is to increase equality and help all students succeed, politicians will seek out additional funds to support schools currently near the bottom. At the least, they won’t reduce overall funding in support of equality. Moreover, almost 25 years after reform, Michigan schools are still funded unequally (and won’t be equal for another 20 years at the current rate).

Read More
1610 Words | 7 Pages

By giving parents the ability to use their children’s share of public Education funding to choose the right school for their children has also improved the schools performance in response to competition created by parents’ ability to choose alternative schools for their children. Adequacy

Read More
748 Words | 3 Pages

Better schools for lower-class kids can introduce them to the sciences, cooking, and even art, which make up Houston’s

Read More
930 Words | 4 Pages

The Island Society Island Society was a project to put all of our knowledge of economies that we learned already, and to put them to the test in a simulation of being trapped on an island. Our goals for our Island Society was to eventually switch from a command economy to a mixed economy. Another goal was to make sure that our atmosphere was positive, and not a mad or scared atmosphere. An additional goal was to make sure would could sustain ourselves with the food we scavenged and grew on farms. Our society would produce wood from the cut down trees, rock/stone, and even fish from the sea.

Read More
669 Words | 3 Pages

Donors are donating money to charter schools, and those donors are linked to the government through political campaigns. All this money for charter schools is unfair to public schools, as they usually have more kids than charter schools thus they need more money. Public schools also have more teachers than charter schools, but they receive less money than charter school teachers because all the government funding is going towards charter

Read More
1512 Words | 7 Pages

So if a school is located in the middle of a red district, even though red lining has been abolished, the money being used to fund the school comes from families that do not have much to offer, which leads to underfunding. Underfunding leads to more schools being shut down due to the inability to maintain them, which leads to overcrowding as students that once attended two or three schools now only have one school as an option. Many teachers do not wish to teach in a school deemed difficult, meaning there are too many students in one class or the pay is poor, and this description fits the schools being described. Fewer teachers lead to overcrowded classrooms and unruly students and it is a positive feedback cycle that only promotes students dropping out and not completing their education due to lack of funds, lack of space, and lack of

Read More
865 Words | 4 Pages

However, having school choice is crucial for students who cannot learn and thrive in the curriculum or the teaching styles of their school systems. School choice has the potential to raise test scores and grades of low performing students in a traditional public school. The acceptance of school choice has helped many cities find a way to get more students to graduate and thrive. Some charter and private school help states with schooling almost half of their population.

Read More
310 Words | 2 Pages

This allows school districts with little or no money for building expansions to handle a growing student population and save millions of dollars in construction costs.” (Nair 2). Saving so much money could help schools afford better teaching equipment, which would most likely improve student grades. Next, a drawback is that it could be hard on families if the children have different school schedules. The change could make it difficult to plan a family vacation, go to summer camps,

Read More
1905 Words | 8 Pages

Basing school funding on property tax leads to unequal opportunities and environments for students, even though the government may claim it is not up to them, there needs to be a drastic change. Currently, taxes collected from the surrounding communities fund public school districts. Public schools get financed mainly by the property tax of the surrounding houses. “Resources available to school districts relied heavily on local property wealth, and property wealth per pupil varied greatly, as it continues today”

Read More
1438 Words | 6 Pages

School funding is also based on the school population size. Why should newer schools with high income students get to have a lot more resources then the other schools with low income students. Why is it that lower income schools aren’t given the same resources to help the students? These students with low income do have the same opportunity as the higher income new schools. A lot of those students don’t have access to internet or even have a ride for transportation.

Read More

More about The Effect Of A School District On Real Estate

Related Topics

Open Document