Is it true that good school facilities have a positive impact on property values?
Yes, there are multiple studies and reports verifying that good schools can have a positive impact on a homeowner's property. It is important to note that every community is different; however, there are specific examples that should be considered. For instance, a 2015 Profile of Home Buyers and Sellers, 25 percent of the home buyers listed school quality and 20 percent listed proximity to schools as deciding factors in purchasing their homes. To be informed, check with the county tax assessor for details as they relate to your home.