Why You Should Buy a Home in a Good School District

If you have kids, then the reasons for finding a home in a good school district are more or less self-explanatory. But if you don’t have kids, buying in a good district probably isn’t a high priority. In reality, buying a home in a good school district will most likely save you money in the long run.

Wondering why you should a home in a good school district, even if you don’t have kids? Check out these top three reasons why home-buying really is all about location, location, location — especially when it comes to schools.

Better Location

A storefrontWhen you live in a good school district, the whole neighborhood in general will benefit. In fact, according to a recent study by North Carolina State University, good school districts create more job opportunity, save taxpayers millions, and add to property values.

Plus, living in a neighborhood where there’s a good school district also means there’s more to do. Plenty of businesses and amenities will establish themselves and grow in the area as a result of the boosted economy.

Reliable Home Value

A Charlotte homeEven when the market slows down, living in a good school district more or less guarantees that your home’s value will stay steady. In fact, even in the midst of the economic downturn, owning a home in a good school district will keep your home values way above similar homes in less remarkable districts.

No matter how good or bad the market is doing, living in a good school district is a priority to 78% of buyers. When you’re reselling your home, you can rest easy in knowing that you’ll still be able to make a decent profit on your investment.

Save Money in the Long Run

A couple receiving keys to a homeSince homes in good school districts maintain their resale value, then you’ll likely save money in the long run by buying one. Even if the initial cost is a little more than other homes in other districts, you’ll make all that money back and more when you sell.

Many home-owners who do have kids and aren’t living in a good district choose to send their kids to private or prep schools, costing themselves a hefty sum in tuition. When you live in a school district that’s already renowned, you can set aside that money that you would’ve spent on tuition. Instead, you can put it towards buying a higher quality home or another big-ticket item you’ve been eyeing.

Find Your Perfect Charlotte Area Home

When you invest in a home in a good school district, the benefits will stack up over time. Don’t miss out on your chance to find your dream home in a top-notch district — let the Charlotte Home Links Team help you today.

Any questions? Give us a call today, and let’s get started on your home search!

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