Good School is the Top Priority for Home Buying

Home buying is one of the most crucial and expensive (for the most of the population) purchases. Most buyers will have a checklist and priorities in their mind. But did you that being in the location where good school districts are the top priority of most home buyer?

According to a report by realtor.com:

“Most buyers understand that they may not be able to find a home that covers every single item on their wish list, but our survey shows that school districts are an area where many buyers aren’t willing to compromise.

For many buyers and not just buyers with children, ‘location, location, location,’ means ‘schools, schools, schools.’”

realtor.com
good-school-infographic
Image from realtor.com

Common examples of compromises made because of the updated kitchen, garage, and large backyard. This is likely the case especially to people in 35-54-year-old buyers. However, the result may come as a surprise to people over 54-year-old because this age bracket will likely not compromise.

It only goes to prove that location is essential and being close to great schools is a must-have for the majority of buyers.

Are you planning on buying a house? Check out our Home Value API map which is a unique way to predict changes in value based on proximity to good schools.

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Ann Kownacki

(Sandy Kay)

  • BRE# 01038967
  • (408) 202 0608
  • sandy@sandykayhomes.com
  • 10275 N De Anza Blvd, Cupertino CA 95014

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