Better Schools = Higher Home Values

Share on facebook
Share on twitter
Share on linkedin
Share on google

Home buyers will pay a premium for high quality schools.

sedgefield middleFinally some research on something we Agents have known a long time!

This past summer, Redfin the national web-based real estate company from Seattle compared home sales from neighborhood to neighborhood by square foot, even more particularly homes within the same neighborhood but different schools, and found the homes with the high quality schools sold on average for $50/sf more than their more “average” counterparts.

Using MLS data to calculate median sales prices (as we do here often) they were able to identify “Homes just a short distance apart with nearly identical attributes are selling for drastically different prices”

Trying to improve your home’s value? Support your local public school!


Housing equity rose 30% or more than $2 Trillion dollars over the past year

Home purchases rebounded, prices rose, and mortgages continued to decline.   This rise is value is a relief to homeowners and the Realtor’s trying to help them move on to their next stage in life.  It contributes to rising consumer confidence, and rising optimism about future home prices.   The total value of all homes in the US is still 18% below its pre-recession peak- which is probably a good thing overall.


Related Posts


Photo source: loop oh

Terry McDonald

Terry McDonald

I am the owner and operator of and was inspired to create this website when I moved my young family of 6 down to Charlotte from the northeast, now over 20 years ago. Charlotte quickly became home to us and I wanted to create a website that would help individuals and families considering a move to Charlotte. I'm also the owner of The McDonald Group at eXp Realty (my day job) and have helped hundreds of folks relocate to Charlotte over the years.

Leave a Reply

About CCO

So everybody’s heard that Atlanta calls itself the “capitol” of the New South. Ok, I’ll give them that. But if Atlanta is the “capitol”, then Charlotte is the heart of the New South. Charlotte is the 20th largest city

Recent Posts

Welcome To CCO

Follow Us

Sign up for our Newsletter

All information is secure, private and never shared with third parties.