Does buying near a school positively or negatively impact resale value?
Many factors come into play when determining value, and location is certainly at or near the top of the list. Proximity to a school is a mixed blessing. Schools certainly cause increased traffic in the neighborhood, and noise levels can be high while students are outside on playgrounds and athletic fields. (For example, Friday night football games can be a nuisance.) The factors affect those homes adjacent to the school property. Parking can also be at a premium in neighborhoods near high schools if there is not adequate off-street parking for student vehicles. Living within easy walking distance of a school is a nice benefit for children who attend the neighborhood school. I see a lot of children in my own neighborhood riding bikes to school, and many parents chose the neighborhood because of its proximity to the school. On the plus side, schools offer playgrounds and recreational opportunities for neighbors after school hours and on weekends. Many schools allow public use of athletic
