Home Buying & Selling 10 Things to Consider Before Buying a House Next to a School

10 Things to Consider Before Buying a House Next to a School

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Finding the right property can be difficult, especially if potential homeowners have specific criteria for what to look for in their home, neighborhood, or new city. Sometimes it may be best near the school. It’s a boon for some people, especially those with children or attending college, and for others it can break the contract. Here are the pros and cons of living next to the school.

Pro: Affordable

Living near schools and universities, especially in university towns, tends to be cheaper than in other surrounding areas. This is mainly because many properties are rented to students attending classes and may not have much money. Choosing a home near your school / campus may be more affordable than another equivalent home in another neighborhood.

Cons: Increased traffic

In the school zone, traffic is expected to increase during disembarkation and boarding times at certain times of the day. This doubles in elementary schools and schools without parking. Depending on the size of the school, heavy traffic can reduce the quality of nearby air and make a lot of noise at the beginning and end of the school day.

It is almost impossible for the school to park on holidays. Events can be even worse for parents, friends and family of students attending school to watch sporting events and performances. If the school does not have enough parking for staff, Overflow will park in the surrounding streets. In addition, some parents may not comply with traffic or parking laws and may not block or park on a driveway or double park on the street.

Pro: Nearby playground

This is a plus for parents with small children. In many cases, nearby schools have playgrounds available to the community after school. This means you don’t have to pack everyone in your car for a trip to the park. If your child’s age or there is a fence in the yard, you may be relieved to let the parents go to play alone. This will help promote your child’s independence. There may also be a basketball court and other facilities.

If your school does not have a playground on the premises, you may have the opportunity to raise funds in the future to set up a playground professionally built for your students to enjoy.

Cons: Noisy neighbor

Whenever many children meet together, it must cause noise. For those who prefer a quiet neighborhood, choosing a home near the school is not the best idea. During class hours, at home near the school, you can hear everything from students playing during breaks to bells that mark the beginning and end of each class.

Generally, these sounds stop at the end of the school day, but neighbors may have to fight the sounds of after-school sporting events and other activities that can last long into the night. Hmm.

Pro: Increased property value

Homes near schools, especially good ones, are often coveted by homebuyers. Many home shoppers are willing to pay premiums to live near a good school for their children. According to a survey of potential homebuyers, 20% of them will pay up to 10% more than the budget for a home near a good school. And up to 10% were willing to increase their budget by 20%. Being close to a good school can increase the value of your home. This is important for anyone who wants to sell immediately.

Cons: Difficult to sell

Being close to school can increase the value of your home, but it can also make selling difficult. Living near a school is good for many, but others prefer to live in a box rather than buying a house near the school, reducing the potential pool of homebuyers. ..

If the selling point of the property is close to the school, the ability to sell the home also depends on the quality of the school. Low-rated schools (including schools of all grades, including colleges) are more difficult to sell homes than high-rated and highly rated schools.

Pro: Part-time neighbor

Most schools have 180-day sessions and are empty during vacations and summer. And, in most cases, the school is quiet during the afternoon hours, so living near the school is a great option for homeowners who prefer to have neighbors for only half a year.

Disadvantages: School emergencies

School emergencies affect the neighborhood around them. Even in the absence of an actual emergency, when the fire alarm is turned on, all students must evacuate until emergency services can identify the school so that they can return home safely.

Depending on the school layout, students may camp on the sidewalk in front of the surrounding front yard or the next house while waiting for the fire station.

During other emergencies such as hurricanes, schools often become shelters for locals who need to evacuate their homes, which leads to additional noise, traffic and parking problems.

Pro: Kids can walk to school

Parents who live within walking distance of their child’s school can avoid the drop-off (and pick-up) rush and have the option of having their child walk to school on their own. Not to mention the savings of not having to buy a bus pass for students, and even better, not having to wake up early to get to school on time.

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Disadvantages: Potential breach

If you have a junior high school or high school nearby, you may have privacy issues as teens can wander around, cross the yard, or break into your property. If this is a concern, it’s better to find a property a few blocks away to enjoy the benefits of living near the school without problems.

Whether a property near the school is desirable depends entirely on the homebuyer or renter. Now that we’re just done, there are pros and cons to consider for a house near the school. It is important to weigh them when deciding where to buy a new home or to sign a rental contract for a rental property.

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