Wednesday, June 3, 2009

Property Values and St. Charles Schools Get An A+ Report Card

One of the first questions potential home buyers ask their real estate agent is “How good is the school system?” Of all the local neighborhood amenities that can influence a buyer’s decision to purchase a home, proximity to good quality schools is one of the most influential, according to the 2007 National Association of REALTORS Profile of Home Buyers and Sellers. School quality was listed as a deciding factor for 28% of home buyers.

The St. Charles region is fortunate to have excellent schools that attract families who want their children to have the best educational experience possible.

The St Charles School District, with approximately 5,200 students, fits that category. Both high schools are designated A+ and students score above state and national averages on the ACT and MAP (Missouri Assessment Program).

The District received its first Distinction in Performance For Improvement from the Department of Elementary and Secondary Schools (DESE) in May 2007.

Good schools do attract home buyers and new business, keep property values high, and provide employment.

Good schools can increase the value of a home by 10-15 percent and are a key factor in maintaining neighborhood property values.

High quality public schools supported by the community will help property values increase in the future.

This factor is important not only to attract families with school-age children, but also home buyers who do not have children or choose private schools. As long as a community supports children, education and progress, the real estate market will continue to be viable and prosper.
St. Charles is a unique community; we have high expectations for our young people and are willing to spend our money for education; we are historically significant on a national level as well as a state level; we are close to major cultural attractions that big cities offer; and we have housing stock that attracts buyers who are ready to become active members of this very special place.

(Next time: You’ve purchased your new home and your children will attend a new school. How can you ease the transition and make their first days at school a positive experience? We can help with that.)

No comments: