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Report Card: How Better Schools Help Make Higher Home Prices [Infographic]


As if we didn't already know, the relationship between great schools and higher home values has been proven out, in a recent report by RealtyTrac, a premier source for US housing data.

RealtyTrac, now a division of ATTOM Data Solutions, highlighted the results of its 2016 Schools and Housing Report in the infographic below.

One key takeaway: Homes in zip codes with at least one good elementary school had higher long-term values and stronger home price appreciation than homes in zip codes without any good elementary schools.

The report defined a “good school” as one with an overall test score at least one-third above the state average.

Other key takeaways:

* Comparable homes in zip codes with good schools had home values that were 77% higher than home in zip codes without any good schools.

* 83% of metro areas generated higher home values in zip codes with good schools.

* Homeowners in zip codes with at least one good school gained an average of 32% home appreciation over the 10-years ended June 30, 2016. Meanwhile, home prices in zip codes without good schools dropped 29% on average during the same period.

* Chicago homes in zip codes with good schools had a 65% higher average home value than in zip code homes without a good school.

* Chicago was also the home of several zip codes ranked as among the 10 best bargain home buying opportunities nationwide.

Overall, we'd say that this is a strong report card for investors looking for long-term capital appreciation from a portfolio of single-family homes in stable neighborhoods with great schools.

SpringView Investments currently owns and manages a portfolio of more than 125 single-family rental homes, primarily in ChicagoLand.

For more information on why you should consider investing in a professionally managed portfolio of single-family homes, please contact Harold Willig at 917-209-4452 or harold.willig@springviewinvestments.com

Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience. Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.

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