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Brought to you by Chris and Victoria Garfield of John L. Scott Market Center Real Estate in Forest Grove.

Chris and Victoria Garfield

For the most part, buying a home in a good school district

does matter and not just for your children. Even if the

buyer doesn't have children, the resale value is higher in

good school districts. When the market is down, homes

in higher quality school districts usually hold their

value better and they tend to sell faster. 35% of Americans with children under 18 want to live in a neighborhood with a higher quality school district, according to a recent Trulia

survey. A large number of buyers shop for real estate

by school district.

Most people would prefer to pay more for a house that

doesn't quite meet their definition of dream house in a high quality school district than get a fabulous house in district with poor schools. These are your children after all, you want a great education for them and do they really need that dumbwaiter in their bedroom?

On the down side, homes in better districts are more

expensive. Property taxes are higher and that money is routed right back to the schools. Not so good if you

don't have children attending those schools.

Buying a new home in an excellent school district will

pay off with higher resale values, more stable, higher

prices and quicker sales. All important factors, even for

those without children.

JOHN L. SCOTT MARKET CENTER REAL ESTATE

1936 PACIFIC AVENUE

FOREST GROVE, OR 97116

503.359.9100

www.forestgroveoffice.

johnlscott.com

Contract Publishing

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