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Personal Finances / Buying or Selling a Home


Subject:  Re: Homes & School Districts Date:  3/27/2004  1:00 AM
Author:  CCSand Number:  68148 of 128123

H wrote:

Read these posts of yours from the Fool's mailing.

How about that! It made Post of the Day! Who knew!?

Like people said in "real estate": it's location, location, location ........ and in the case of California/Bay Area, I've found public school district has become a very important issue and huge factor in house price premiums, i.e.: identical 3 bdrm. houses in the borderline of Concord and Walnut Creek can differ in prices by 200K just because of their zipcode and school zoning.

This is true. Down in the South Bay it can differ by as much as $400K just going from Sunnyvale to Saratoga. For the same size house. So it's just about all school district.

Despite placing a high ranking on public school system, if the day comes we have to finalize our decision on buying our place, I'd shoot for a