When you are in the market for Bronx real estate, local schools are important. Even if you don’t have children and have no plans to hear the pitter-patter of tiny feet in your home, it’s a smart move to consider the quality of the schools in your soon-to-be new neighborhood.
If this makes no sense, stay with us! Let’s chat about why local schools should be a factor in your real estate decision.
Reason #1: Homes that are surrounded by highly-ranked schools are more likely to increase in value.
It’s a fact: Homes located close to high-performing schools are in greater demand in any market conditions. People are willing to pay a bit more for these pieces of Bronx real estate.
Reason #2: Homes near good schools tend to sell faster than homes near so-so or low-performing schools.
Whether your buyers have children or not, they all want to turn a profit when it’s time to sell! According to realtor.com, homes near top-performing schools sell up to eight days faster than homes near not-so-great schools.
Reason #3: Homes located close to high-quality schools are typically in high-quality neighborhoods.
While this isn’t always the case, these homes tend to be in safer neighborhoods with more amenities.
Reason #4: If you have children, living near decent schools is a no-brainer.
Living in the Bronx, where your feet might be your most reliable form of transportation, a great school located within walking distance is an absolute must.
A Few Great Schools in the Bronx
If you are on the lookout for a prime piece of Bronx real estate, it’s time to look past the borough’s rough-and-tumble reputation. Did you know that the Bronx is home to three of the top 10 high schools in New York City? Horace Mann, Riverdale Country School and the Bronx High School of Science all took top honors according to a 2020 ranking by Niche.com
If you are searching for Bronx real estate, Kenny and Annecy Fuentes from BronxAgents can help! Contact them today to learn more about specific neighborhoods and the latest listings in the Bronx.