For families with children, the value of a quality education is not underestimated. It makes sense that families gravitate toward homes located in strong public school districts. Although property taxes are higher in these areas, the money goes right back to the place parents value the most.
In real estate, the value of homes in good school districts is common knowledge. According to Realtor.com, highly rated schools are the top location-related factor attracting potential buyers – and we all know that location is everything in real estate. Homes in good school districts sit on the market for a median of 76 days according to their data – out-ranking stadiums, shopping, and accessible transportation.
Even for prospective buyers without children, a house in a strong school district could be a worthy investment. Good schools are an indication of safe neighborhoods. Plus, in times of economic distress, the values of these homes remain far more consistent.
Encinitas is home to stellar public schools. Despite the abundance of recreational temptations, Encinitas students are clearly learning: overall, schools in Encinitas boast a 9 out of 10 rating. The San Dieguito Union High School District, which encompasses Encinitas, is ranked 17th in the entire state of California. Are there any downsides to living in this town?!