Schools are very important factors in real estate investing because a home in a well-performing zip code retain their value better than those in a less-desirable school’s area. This goes beyond zip code, but zip codes are an easy way to measure local mini-markets. For example, in Hyde Park, a home in the 4600 block in the Lee Elementary boundary holds its value better than a home in the 4700 block where children are in the Ridgetop Elementary district. Just like in Westlake where a home in the Eanes ISD often out-performs a home in the Austin ISD.
It’s just one of many factors that strengthen your selling power. If you’d like to discuss this further, email me or contact me through another method listed to the right.
From the Wall Street Journal:
About Aria Kilpatrick
