LivingMalibu.com » Malibu Schools http://www.livingmalibu.com Malibu Real Estate-Malibu Homes For Sale Tue, 18 Jul 2017 20:51:46 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Malibu’s Top Schools Equal Best Value http://www.livingmalibu.com/malibus-top-schools-equal-best-value/ http://www.livingmalibu.com/malibus-top-schools-equal-best-value/#comments Wed, 23 Apr 2014 20:44:51 +0000 ritasimpson http://www.livingmalibu.com/?p=3184

Malibu Schools are highly rated. This in general translates in higher home prices for same size homes located in areas with better schools. The bonus in Malibu is that you not only get better schools, you get a safer community, and a life style you would not imagine possible so near to Los Angeles. An analysis ...]]>

Malibu Schools are highly rated. This in general translates in higher home prices for same size homes located in areas with better schools. The bonus in Malibu is that you not only get better schools, you get a safer community, and a life style you would not imagine possible so near to Los Angeles. An analysis by Redfin illustrates the steep price premiums that homeowners are willing to pay for homes served by top-ranked schools, offering the latest concrete evidence that buyers place remarkable importance on the quality of schools.

The sky-high premiums help explain the ongoing race among listing sites to provide razor-sharp school information.

Here in information on Malibu schools:

http://www.greatschools.org/california/malibu/

They could also add fuel to a debate over whether buyers and the real estate agents representing them give too much weight to rankings, which school officials say don’t always provide a complete picture of the differences in the quality of education provided.

Redfin’s study found that buyers pay an average of $50 more per square foot for homes served by top-ranked schools than for those served by average-ranked schools. It also found found that, even within the same neighborhoods, buyers will pay substantially more for homes served by top-ranked schools than they do for comparable homes served by average-ranked schools.

“Homes just a short distance apart with nearly identical attributes are selling for drastically different prices,” the report said. “We’ve looked across the country at homes that have sold in the last three months and found five examples where the prices vary on identical homes by as much as $130,000.”

Not accounting for home size, San Jose, San Francisco and Los Angeles, Calif., carry the highest price premiums for top-ranked schools while Queens, N.Y., Raleigh, N.C., and Eugene, Ore., carry the lowest of all the metros that Redfin analyzed.

- See more at: http://www.inman.com/2013/09/25/homes-served-by-top-schools-command-drastically-high-premiums/?utm_source=20140423&utm_medium=email&utm_campaign=newsflash#sthash.k9dgsQs8.dpuf

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