As a Massachusetts realtor, one of the questions I am often asked is about the quality of schools in the area. It’s a valid concern for families looking to buy a home, as the quality of education can have a significant impact on a child’s future. The reputation of schools in an area can also affect home values.
The North Shore is home to some of the best schools in New England, with many district schools being top-rated and consistently ranked as some of the best in the state. Here are a few North Shore school districts that stand out:
- Manchester Essex Regional School District: This district includes two schools, one for elementary and one for middle/high school. It is known for its strong academic programs and students consistently performing above the state average on standardized tests.
- Masconomet Regional School District: This regional district educates students in grades 7-12 from the towns of Boxford, Middleton, and Topsfield and is known for strong music and arts programs. Elementary-aged students attend each of the three towns’ elementary schools.
- Marblehead Public Schools: These schools are known for their rigorous academic programs and high graduation rates. There are three elementary schools, one middle school, and one high school.
- Hamilton-Wenham Regional School District: This district serves the towns of Hamilton and Wenham. It includes three elementary schools, one middle school, and one high school.
- Lynnfield Public Schools: The Lynnfield Public School system is known for its excellent academic programs and high graduation rates. The district includes one high school, one middle school, two elementary schools, and a preschool.
Now that we’ve pointed out some of the best schools on the North Shore, let’s talk about how they impact home values.
Homes located in areas with highly-rated schools tend to have higher property values than those in areas with lower-rated schools. This is because families want their children to have access to quality education and are willing to pay a premium for homes in areas with good schools to do so.
Additionally, homes located in areas with good schools tend to sell faster than those in areas with lower-rated schools. Families with school-aged children are often looking to move during the summer months to ensure that their children are settled in their new schools before the start of the academic year.
In conclusion, the quality of schools in an area will likely have a significant impact on home values. The North Shore’s highly-ranked schools make it an attractive location for families looking to buy a home. If you are looking to buy or sell a home on the North Shore, contact me today.