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Liz Wallace's Blog

By Liz Wallace | Broker in Rockville Centre, NY

Whats a School District Worth?



 

Here on Long Island the prices vary greatly from town to town.  I mean like most places the further you get from the City the more house you can generally get for the money.  Also towns with water access can demand more money for the homes.

One of the biggest determining factors is the school district.  Some towns have more than one school district and the better the district the more money a seller can ask.

CNN Money just did an article about how school districts can influence the value of a home and they  said "Home values are $205,000 higher, on average, in neighborhoods with high scoring public schools versus schools with low scores".

Liz Wallace

Broker Century 21 Sherlock Homes

www.century21sherlockhomes.com

cell: 516-225-0960

office: 516-764-2601

Serving the South Shore of Long Island, We Take The Mystery Out of Buying and Selling Homes.

 

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