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Guys,
We were exploring a house- its in Herricks School district and adjacent to the school ground. The entrance to the school is not in front through the street- We like the house, but the house has been listed for over an year now, so we were wondering if its not being sold due to the proximity with the school. Everything else including price seems to be reasonable now (well, it was listed high earlier). Any advice on whether being close to the school has such impact on its sale?
Guys,
We were exploring a house- its in Herricks School district and adjacent to the school ground. The entrance to the school is not in front through the street- We like the house, but the house has been listed for over an year now, so we were wondering if its not being sold due to the proximity with the school. Everything else including price seems to be reasonable now (well, it was listed high earlier). Any advice on whether being close to the school has such impact on its sale?
Thanks much
I know of listings in other areas where being next door to a school (especially High School) has hindered the sale of a property. With so much inventory out there, buyers are and can be more selective unless they get what they believe to be a "bargain" to make up for the "neighbor".
When you buy near/next to a school you need to accept that traffic will be an issue during arrival,dismissal and night activities as well as weekend/evening sports practices. If walkers use your street you will get candy wrappers,loose leaf papers,cigarettes etc thrown on street.If it's a high school you'll have band practice/game noise.Tolerance is needed.
I know of someone that owns a home adjacent to a high school property. He discovered that when his family was at work, a bunch of high school kids were using his backyard deck, as well as his patio set and lawn furniture, as a lunchtime "hangout" place.
*Remember, oftentimes high school kids can leave campus during the day. Should you buy a home adjacent to a high school, remain vigilant of what goes on during school hours on your property (not only issues with possible damage to your personal property, but insurance issues as well should one of them be hurt).
Check out the home at arrival and dismissal times and see if you can live with it. My sister was near a school in GC and it definitely impacted how quickly she sold the house - although it only took 3 months, she did get feedback that it was a negative.
As pp said, schools are busy not just at school times. It's something to consider.
I think the only way I'd consider living next to a school is if it was an elementary school and I had a child entering kindergarten. Under any other circumstances, I'd view it as a huge negative.
Parking is another issue being close to a school. When there are different functions parking can spill over into the neighboring streets.
Another factor to consider is what time people start arriving at the school in the morning and if it is a HS -- are the students allowed to drive to/from and park at the school? You have to deal with them as well as the buses -- early, dismissal and late buses as well as parents picking up and dropping off through the day.
My parent's house was around the corner and across another street from the HS, but to the back of the school so there wasn't a traffic issue. We did hear a lot of noise during outdoor gym classes, practices and home games.
We have a Catholic elementary school near us (way up the block, however). Whenever I am taking my son to the park during the week - the travel time goes from 3 minutes to 15 minutes... to get AROUND the block... I see kids on the lawns, throwing garbage, what if they throw something at a window? they run and skid on your perfectly green grass and create skid marks of dirt, noise all day, you will probably hear the bell ringing (worse if it is a HS with periods - then it will ring every 45 minutes!!!). If you can deal with garbage on the lawn and the noise... go for it. There are a LOT of factors tho (and lots of other options out there for you to choose from...). OR... if you can deal with it - use it as negotiating power to bring the price down a few notches?
I think I know which house you're talking about. We looked at it too, but didn't make an offer. Assuming it is the one I'm thinking about, I actually didn't mind the location too much, since it felt like we'd have a big park to ourselves when school was out.
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unless they get what they believe to be a "bargain" to make up for the "neighbor".
