. ~ Your Satisfaction is My Success ~ #Izabella #luxuryrealestate #bayarea #luxury #realestate #milliondollarlisting

. ~ Your Satisfaction is My Success ~ #Izabella #luxuryrealestate #bayarea #luxury #realestate #milliondollarlisting

Should you buy a house in a good school district?

Many people look at the schools their children would be attending when looking to buy a new home. However, is this the best way to go?

Houses near good schools are often much more expensive. Sometimes, out of one’s budget. However, if one buys a house in a bad school district, they may decide to pay for
their kids to attend a private school for a good education. Either way, there is an added cost.

Competitive schools are also not for everyone. Some students don’t do well under the pressure, and would be more successful in a less prestigious school.

You may think, well if I buy a house in a good school district, it will benefit my kids now, and me in the future, for the prices of the house will rise and I will make a profit if I decide to sell it. At the same time though, if you buy a house in a less developed area, and it eventually grows and becomes more wealthy, you may make an even bigger profit.

A friend of mine used to own an apartment in Manhattan, long before it grew into the city it is today. She sold the apartment, but greatly regrets it, for today it would be worth millions.

It all depends on your priorities, and what you think is riskier. Leave a comment with your thoughts!