School Ranking & Property Values
Education is very important and every parent wants to give the best they can offer to their kids. Therefore higher ranking schools have values capitalized into single family home prices. In addition to school ranking, the closer the proximity to schools (especially elementary) the more desirable and higher the home prices
Take for example the highest ranking schools in Fremont CA, Mission San Jose. Home Sales for a 1600-2000 sq ft home built 1055-1970 (more…)