HOUSTON - (Business Wire) Where you purchase your home could make your child smarter. According to a new study from Movoto Online Real Estate, school performance and home prices are directly related in Houston, Dallas and San Antonio neighborhoods.
Movoto.com studied Texas Assessment of Knowledge and Skills (TAKS) scores for schools in various areas of these major cities and compared them to housing prices in the area. The results revealed that home prices were 59-77% higher in school districts where at least 75% of 11th graders passed all TAKS tests. Interestingly, the increase in housing prices in relation to school performance was not as strong within the Houston ISD as in the school districts in surrounding Harris County.
Parents and couples planning to have children often plan their home purchase around the performance of local schools; however, even singles and childless couples can benefit from living in a high performing district. Especially in today's real estate market, purchasing a home in a school district with test scores in the top ranks of the state can help maintain your home's equity and price over time while lowering your risk of owning an underwater home.
Movoto.com simplifies the process of analyzing area schools when you are considering purchasing a home. Visitors to Movoto.com are able to search for state test scores by grade level, city and school district and can then compare other significant details such as student-to-teacher ratio and demographics. Once buyers have narrowed down the schools they would like to purchase a home near, they can simply click the search button affiliated with that school to find homes in the area.
To find out how schools near your home are performing or to start your home search process today, visit www.movoto.com for more information.
About Movoto
Founded in 2005, Redwood-City-based Movoto is led by an experienced team of real estate industry veterans and internet technology experts with a shared vision of empowering real estate consumers. Movoto provides a unique online home buying solution that combines innovative, easy-to-use research tools with ready access to a network of experienced local real estate agents. Movoto's expanded service adds homes for sale in the Philadelphia metro area to Movoto's current coverage of homes for sale in Brooklyn, Queens and Nassau and Suffolk Counties in the New York metro area, California, Colorado, Delaware, Massachusetts, Maryland, New Jersey, Virginia, Georgia, Washington DC, Dallas-Fort Worth, Texas, San Antonio, Texas, Houston, Texas, Tennessee and the Orlando, Miami, Jacksonville and Tampa/St. Petersburg and Daytona Beach metro areas of Florida.
Asylum PR
Jason Ovitt, 847-275-2553
jovitt@asylumpr.com
