Details for Lets Talk Real Estate

Let’s Talk Real Estate by Jeff Braun CLASS ACT Because the quality of the local school system is a high priority among many buyers, most willingly pay more for a home in a good school district. Whether or not you have schoolage children, it pays to purchase a home in a community with a good school system. Homes in the best school districts tend to appreciate more than homes where the school districts’ reputations are not as good. This should help dispel any notion on the part of homeowners without school-age children that they receive little in return for their property taxes. Any benefit that the schools realize from taxes makes the community more attractive and increases the desirability (and prices) of homes in the community. HINT: Savvy buyers tend to value location over square footage, which makes a small home in a great location a better investment in lifestyle than a larger home in a less favorable location. During tougher economic times that trigger declines in home values, homes in better school districts usually hold their value more than homes in lowerquality school districts. How can you determine if your potential new home is in a good school district? Consider the age of the schools, their condition, the student-to-teacher ratios and standardized test scores. When you’re ready to list your home, please call Jeff at Realty Executives Unity at (262) 878-9599. We have been assisting buyers in your community since 1981.

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