Sep. 20, 2008 - Area Schools affect Home Values

You've most likely heard that location, location, location is the most important factor in real estate. While this may be true, another important factor to consider as you try to find the best neighborhoods for resale value is the quality of the local school system. Even if you don't have children, it would be prudent to research the closest schools before purchasing a home.

By placing a call to the local school district, you should be able to find out what type of funding area students receive, what the average class size is, and how well students have performed on standardized tests. In addition, find out if they offer any special programs, what percentage of students graduate and go on to college, and whether or not the district will be opening or closing any schools in the near future.

For many prospective home buyers with children (or plan to), the quality and reputation of the local school system may be as critical to their buying decision as the appeal of the home itself. Regardless of where the home is located, the quality and reputation of the schools will affect the home's value, not only when you buy, but when you sell.

Also, you can find out a lot of information about the school district and individual schools on the internet.

Here are a few example websites in Texas about schools:

• Lewisville ISD
• Great Schools, The parents guide to k-12 success
• Texas Education Agency
• Texas Accountability ratings
• Lewisville School statistics
• Flower Mound School statistics
• Highland Village School Statistics
• All other Texas School Statistics
• Private school Directory
• Texas Schools k-12
• Texas Private Schools
• Texas Private School Review
• State Regulation of Private Schools

 Thank You and I hope this information is helpful to you.