from our neighbourhood. It appears that an *elementary/grade* school close by is a plus. As far as traffic is
concerned, we do not expect it to become any worse than it was because any new traffic for the new location
would have been there even for the older location.
I myself live in Wilsonville and YES this will be a big plus for people within the community as well as for people wanting to move to Wilsonville. Like what has been said previously, people with small children look for location of schools as well as quality. Being within walking distance to a elementary school is a big plus and will be very desirable.
Enjoy the great sun,
Marisa Meigs-Gonzalez GRI, SFR
Principal Broker Oregon First
Let me say this. The answer is that New Schools especially in a Quality District like West Linn/Wilsonville are a real plus. In Bethany where I live we have 6 Grade Schools. Now they are all good mind you. But the two that are the newest have been a draw for years.
Their physical designs and amenities are just too alluring. They have great academics and we have seen homes in the area sell for more and faster. Now here is the down side.
Traffic! Traffic! Traffic!
A Grade school is the best type of school. They tend to be very quiet on the weekends versus a High School or Middle School. They also provide neighborhood playgrounds and parks.
But in our neighborhood they create traffic.
There is a State Law I believe that says if you child lives within a 1 mile bus ride that there will be no transportation by bus. So that means they have to walk. Then of course few parents in these times will let a small child walk anymore.
So we see a major peak and burst in Traffic in these cases. It is crucial that the school district be prepared to handle this.
Our home a few years back was adjacent to Jacob Wismer. We live there about two years before the school was built. That school hold almost 700 kids. When they built it the school site was at the back of a neighborhood. That meant that all the car trips have to flow through the neighborhood and it is like a race track there in the morning.
We moved. It was that bad.
On the upside it is great to be able to drop off, walk to, and pick up your kids form school. Mom's love that. Dad's too. Less time lost transporting kids.
All and all I would say that Grade Schools, especially new ones, are a plus. I have seen it add as much as 5%. Check out the districts proposal in regards to traffic. That is something you have a right to be actively involved in. Your school district will try and cut costs at every corner but traffic is not one such area that should suffer.
Best wishes and great question!
Re\max Metro Gold
I looked through the Realtor Multiple Listing database to see if homes "near schools" in the Portland metro area took any longer to sell and they did not appear to stay on the market any longer than the listings that didn't specify being "near schools". The shortest time on the market was 1 day and the longest time was 668 days with the average time on the market to be 140 days. Keep in mind that this search was based on activity in the last 12 months and we have a challenging market to say the least. The average SOLD price was $289,728 with the lowest price being $159,000 and the high was $1,062,500.
It's been my experience that families with young kids look for homes near elementary schools and people with out kids don't search it out but usually don't rule it out either. There are some people that would avoid schools due to traffic and noise concerns but these people have been the exception not the rule, in my professional experience.
On a more personal note, we bought a home near an elementary school in 2008 and our kids are grown. When we were looking for an investment property we bought on the basis of the homes value and the overall neighborhood. In my personal opinion, elementary schools are not something that would keep me from investing in an area. And a newer school indicates and flourishing neighborhood.
I hope that helps. Have an awesome day.
Capstone Real Estate, Broker
MLS Funding, Home Loan Consultant