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A topic we get questioned on a lot is the importance of buying a home in an area with good schools. A lot of people are skeptical, wondering if a home's location near respected schools really affect it's value. We think that finding a home near good schools is extremely important, and here are 3 reasons why:
1. Good schools give local real estate stability
Stability equals better appreciation and better resale value in the long term.
2. There will always be a demand for your home
In the event of another economic downturn, you will see less of a fall in prices in areas with good schools nearby
3. Good schools partner with the community
A lot of times, schools and the community work together to build a great neighborhood and this adds value to whoever is living there.
If you happen to have any questions about this topic or anything else real estate related, please give us a call or send us an email. We'd love to help!