Real Estate Agent · Ocean View, NJ · Member since 2015 · 76 posts · 25 votes
I've recently stumbled upon a "mentor" who has tasked me with figuring out the most sought after school districts near me. I know I can look this stuff up online based on "ratings" but he and I both feel like sometimes public opinion differs from these online ratings.
If you're near Pennsburg, East Greenville, GIlbertsville, Bally, Barto, Pottstown, Quakertown, Allentown, Collegeville in Pennsylvania etc. let me know which school districts you find to be the most favorable for buyers. I believe Upper Perkiomen School District is good but not sure on too many others.
If you aren't from around these areas... how would you figure out which schools are the most sought after. I'm going to reach out to local real estate agents and see if they have any input as well.
There are several great resource online. When talking with local agents, like myself, we are constrained by real estate law as to how to answer that question, as in the past there have been issues they call “red lining.” If you are looking for residential purchase I would encourage research on what factors are most important to you, or if for investment purposes I would suggest running strict numbers and talking with local investors. We have a great meet up on the Thursday Thursday’s of the month in Allentown, where you could connect with some great folks with experience in those areas! Check the events page for details!
@Kiersten Vogt I don’t normally get asked about that, but more questions about cap rates and class of tenants etc. that tends to be better than school district for deciding where to invest.
Although @Kiersten Vogt the cap rates tend to be inversely proportionate to the better rank of the school district, but you can find that’s not a rule across the board.