Home buyers will pay a premium for high quality schools.
Stating the obvious, but now there is research!
Finally some research on something we Agents have known a long time! Home buyers will pay a premium for high quality schools.This past summer, Redfin the national web-based real estate company from Seattle compared home sales from neighborhood to neighborhood by square foot, even more particularly homes within the same neighborhood but different schools, and found the homes with the high quality schools sold on average for $50/sf more than their more "average" counterparts.
Using MLS data to calculate median sales prices (as we do here often) they were able to identify "Homes just a short distance apart with nearly identical attributes are selling for drastically different prices"
Trying to improve your home's value? Support your local public school!
Housing equity rose 30% or more than $2 Trillion dollars over the past year
Home purchases rebounded, prices rose, and mortgages defaults continued to decline. This rise is value is a relief to homeowners and the Realtor's trying to help them move on to their next stage in life. It contributes to rising consumer confidence, and rising optimism about future home prices.
In other news, US Home Builder confidence rose to 60 in July, 2015, the highest rate since 2005 according to the NAHB ( National Association of Home Builders) ) And we here in the South are just kicking it with 58% of the house sold through August according to the National Association of Realtors
We help buyers and Sellers throughout our MLS region. The greater Charlotte area is not a terribly large one, and we have 3 main offices, one in the north, one at Southpark and one further south on the edge of Union County. Happy House Hunting from the McDonald Group
Author:Admin McDGroup Phone: 704-351-0978 Dated: December 17th 2015 Views: 281 About Admin: ...
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The McDonald Group at Wilkinson ERA is a group of professionals, dedicated to helping our Clients win in real estate. Expert and honest advice, local area knowledge, and seriousness of purpose but with folks who don't take themselves too seriously. The founder Terry McDonald, was a builder for 20 years, and has been a broker for the last 13 years. Buying a home or selling, first home buyer or relocating to Charlotte,the McDonald Group is here to serve. Our client list includes first home buyers to luxury homes, professional athletes, business owners and physicians. From in town to South Charlotte, Lake Norman too, we know Charlotte.
The Group's core values are all about integrity and market expertise. We look out for their clients interest above all others. We are a learning organization, and big believers in training and lifetime learning. Sellers know us for our technological savvy, our aggressive marketing, and the ability to consistently beat the averages in Days on Market. Buyers love us, we never pressure anyone, yet were able to save our Buyer clients 44% off the market average in 2013- and now that the market has changed we win more than our fair share of multiple offer situations.
Reviews on Zillow
"It was a great pleasure to work with Terry McDonald. English is not my first language so forgive any mistakes. The first time we met Terry was 5 ... more "
by polina katz
"I worked with Bobby on both buying and selling my home in Charlotte. He is so personal and cares about finding the perfect home for his clients! I ... more "
"Terry was exactly the agent we needed for our relocation from the New York area to Charlotte. We first explored a move to Charlotte a couple years ... more "
A unique 4 Level Split, contemporary with garage and yard in popular B
"Bobby was always there with assistance and tips to help with the purchase of this home. We depended on him to do a lot of the work to see the inspections were done as we were not available. I would recommend Bobby to anyone who is in the market to buy or sell property. He made our experience a smooth process."