Value of Schools Affect Value of HomesOctober 7th, 2010 by Rich Jacobson
As a licensed real estate broker here in Kitsap County WA, I can tell you from experience that one of the most common criteria that Buyers use in their home purchasing decision is the quality of education/school system in a particular area. A key marketing advantage for Sellers is being able to promote their home’s location within a preferred school district.
Such is the case with our own Central Kitsap School District.
If you access the Central Kitsap School District website, there is a great page link entitled, “Did You Know?” This page offers current updated recognition of the amazing accomplishments of both students and staff of Central Kitsap School District.
With the recent economic downturns and Wall Street debacles, home values across the country have been dropping. Such corrections are typical in the usual 8 to 10 year real estate cycle. However, in this most recent cycle, the fall in prices has been much quicker and more pronounced. fueled by the number of short sales and foreclosures.
One way to help stabilize and maintain home values is to maintain the value and quality of education in our local school district. Investing our time and resources to preserve the established quality of education here within the Central Kitsap School District will help to strengthen and protect our home investments.