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6 Ways Atlanta Schools Can Affect Your Home Value

Atlanta

6 Ways Atlanta Schools Can Affect Your Home Value

We realize there are many things to think about when buying a home—location, amenities, neighborhood vibes. But have you ever considered the school district? 

Fun fact: 30% of buyers between the ages of 33-42 say education is a top factor when choosing their neighborhood. (NAR) Luckily, the LaMon Team understands how crucial this is, and we’re here to help you navigate it all. Let’s dive into why school districts are such a big deal in Atlanta’s real estate market.

 

1. Long-Term Investment Stability

Buying a home in a sought-after school district isn’t always about the kids; it’s a smart investment. Quality schools offer stability, even when the economy gets tough. Homes in these areas are more resilient to market ups and downs, making them a solid long-term investment.

 

2. A School’s Reputation

Great schools mean great home values. According to a recent article by Realtor.com, homes located in top-performing districts tend to sell up to 8 days faster. Families want the best education for their kids, so homes in top-notch school districts are in high demand—ultimately driving up property values. It’s all about ensuring kids get the best start in life!

 

3. Demographic Shifts Among Buyers

Over 50% of millennials are now homeowners (US Census), meaning there has been a significant increase in families entering the market. As more young families move into a specific area, the demand for homes in good school districts rises. This increased demand often leads to higher home prices. It’s a simple case of supply and demand.

 

4. The Convenience of Proximity

Living close to a school is a huge plus for busy families. Easy access means less time commuting and more time together. This convenience makes neighborhoods with nearby schools more desirable, which bumps up home values.

 

5. Facility Access

Think about all the extras a school can offer—libraries, sports fields, science labs, and even the latest tech gadgets. These resources make schools more appealing, and in turn, they boost the value of the community and nearby homes. According to the National Bureau of Economic Research, every dollar spent on school funding can increase property values by around $20.

 

6. Perception of the Housing Market

Sellers know that homes in good school districts can command higher prices. Typically, homes in great school districts receive 26% more views than the average listing and 42% more than those in lower-performing districts. (Realtor.com) This can lead to higher overall home values in the area. So, make sure to check with The LaMon Team to learn about the local school districts within the Atlanta area. We are experts and more than happy to get you the inside scoop.

 

If you’re on the hunt for a new home, don’t forget to consider the school district. It could mean great things for both your child’s education and your home’s value! The LaMon Team is here to help you navigate the Atlanta real estate market and help you find the perfect home in a top-notch school district. 

Call or text us for expert guidance and local real estate insights—you deserve the best for your family and your investment!


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