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Customer Discussions > Education forum

"Excellent" schools and real estate values:Myth? Reality?

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Showing 1-3 of 3 posts in this discussion
Initial post: Jun 11, 2012 9:02:26 AM PDT
C. klauber says:
I live in Boulder CO, where the myth is that the school district, BVSD is "excellent." You'll hear this tale from everyone in town EXCEPT parents who have or have had kids in the schools. If your child is not 100% mainstream, BVSD is a nightmare.
But I started to think the myth is perpetuated by all of us here who know our homes are way over-priced and don't want to rock the boat. Anyone else out there who thinks there is a connection? What are your experiences with so-called "excellent" districts?

Posted on Jun 14, 2012 7:31:34 AM PDT
rniche says:
"Excellent" ratings can mean school districts emphasize teaching to the state test at the expense of all else. They offer no guide to the culture of a school, which I believe is critical.

In reply to an earlier post on Jun 26, 2012 5:26:47 PM PDT
There is some truth to the idea of school quality and real estate value - but it's not really due to the cost of the house so much as the people who can afford those houses. We saw an almost 100% correlation when we were house hunting in 2001, within our own county-wide school districts. We were familiar with the area and the schools, and their "feeder systems." The greatest correlation was between test scores and house prices. But there was also a strong correlation between improvements on test scores and areas where we knew parents were becoming more involved. Schools with strong parental involvement were seeing more improvement than others - we had friends who decided to stay in their "not so good" school, and become involved, and they were very happy with their choice.

You perceive your district as not being as "excellent" as everyone says, but do you have experience with any other comparable districts? You might be surprised. My children attend 2 different districts (youngest is in a magnet school in a neighboring city). I still consider our home district to have very good schools, but they were not the right fit for her. The school she attends has significantly lower test scores, but a great deal of family and community involvement. I would rate her new school as excellent, and her older siblings would have loved to have gone there. The new school has many programs we don't have in our home district, but many are funded because it is in a lower performing district. And yes, housing prices there are considerably lower.
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Discussion in:  Education forum
Participants:  3
Total posts:  3
Initial post:  Jun 11, 2012
Latest post:  Jun 26, 2012

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