I’ve spent the last 30 days looking at houses for a first time home buyer….who is on a budget (aren’t most)? We began by searching houses that had three bedrooms and two baths….and then quickly discovered that the elementary schools that matched up with those homes placed sometimes in the 4,000 range….out of 4,357 schools in Texas. Should that matter? Well….it might if you want your children to actually learn something while they attend classes….like this savvy Mom expected.
We then began searching for the best schools first….and quickly discovered that if you want to buy a house that has elementary AND middle schools that rank in the 500 or under range we had to spend more than she planned on spending…..AND be FIRST in the door with a strong prequalification letter in hand AND pray we were offering enough to get the seller to sign the offer immediately.
Of the 100 plus homes we viewed, took video’s of, FACETIMED and more…..days, weekends and nights consumed with searching for anything we might have missed…offers written on houses the seller’s assumed they didn’t need to repair to sell or homes out of state investors snapped up by taking them off the market for a week or so because they supposedly were buying with cash…we found success.
Even if the buyer hadn’t wanted good schools…..if you want a successful rental or a house that has potential to appreciate you should consider the schools. Renters want great schools and will pay more rent for a school that ranks well….and homes tend to appreciate if they are located in areas with great schools.
One of the best sites I found for searching for school scores was SchoolDigger. It also advertises homes on the site….but we found the homes they advertised were dated listings and not really available to buy….so use the site for school scores only. A special note….new schools that were recently built might not show up on the site…..and a lot of new schools are being built in the San Antonio area.
If you’re considering buying a home to live in or for investment purposes, give me a call. It’s hard work and long hours…….but I LOVE the end result…..finding the right house for YOU!