When buying a home the traditional advice is to search for homes with great curb appeal, remodeled kitchens, awesome bathrooms and plenty of square feet but what about schools?
Should nearby schools be an important part of the home buying process? The answer is yes.
It doesn’t matter if you aren’t married, or you don’t have children with your spouse/partner now, if you see children somewhere in your future it’s a smart investment to buy a home NOW that’s in a good school district, rather than later.
A good school district will always raise the price of a home regardless of current market conditions, and it pays to buy a home in a great school district now, compared to one or year or more in the future, when prices for homes in that district might not fit within your budget.
#2 – A Great Hedge Against Market Volatility
Thanks to the Internet more parents than ever before are able to review state test scores for schools in their target neighborhood and are willing to pay more for those homes regardless if the Real Estate market can be considered to be going up or down.
This makes buying a home in a great school district a perfect “hedge” against market volatility since you will be able to sell your home in the future for a great price regardless if the market is up or down.
#3 – Excellent Resale Value
Last of all, but most important, when you buy a home in a great school you can have confidence that you will be able to sell your home for a great price in the future since there will be buyers who are searching for homes in a great school district just like you once did.
To learn more about buying a home in Irvine California, or to search for homes in the areas best school districts, contact Fred Sed & Associates today by calling us at (949) 272-0125.