Oct 05

The School - Real Estate Values Connection

REAL ESTATE BEAT    

The School - Real Estate Values Connection
Written by Bill Barksdale

It’s an interesting, yet logical, phenomenon that a strong local school system increases and supports stronger real estate values.  Many home buyers ask their agent about the quality of the local schools.  Even buyers who don’t have school-age children want to know about local schools because it may indicate the availability of a competent, disciplined work force and can indicate lower crime statistics if young people are treated with respect by investment in their education.

Arts education, often marginalized and the first to have funds cut, not only provides a productive way for young people to spend their time - but more importantly, it teaches critical thinking skills that are essential in business.  The “creative process” helps people to think outside of the box.  This is one the most important skills of any good entrepreneur in creating new businesses and finding solutions to problems.

The better the educational environment of a community, the more likely an employer will choose to locate their business in that community with well paying jobs.  Those jobs create opportunity for employees to afford to purchase a home, or improve the home they already own.  In addition, people who receive a good education locally are more likely to remain in the community and improve it.  As a home owner, they acquire one of the most important assets possible toward financial security.

Home construction is a source of funds for improved schools.  The school tax contributes toward school construction and improvement.  Home remodeling and construction not only provide more inspiring and comfortable living space, they build our schools as a vital side benefit.  The community benefits in multiple ways.  It’s a great deal for everyone.  A strong real estate environment helps to pay for better schools.

As a real estate owner, your support of local classroom teachers helps to support the value of your real estate asset.  The good teachers are more likely to remain in the community because they feel respected and our young people get a better education.  If you have a child with an “attitude problem” in school, help them to work through it to get the education that will serve them well in life.  The student will learn self-respect and you will be more likely to afford the purchase of a home with improved job opportunities, or enjoy a stronger asset if you already own a home.  Good education and good business go hand in hand.

ABOUT THE AUTHOR, Bill Barksdale: I have been selling real estate in the Willits/Mendocino Co. market for over 18 years. I can be reached at Coldwell Banker Mendo Realty Inc. PH: 707.459.8888 or Email me at This e-mail address is being protected from spambots. You need JavaScript enabled to view it . I hope you will find my site (Bill Barksdale's Real Estate Site) of use to your home buying or selling a home now or in the future.

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