Compromising When Buying a Home – Location, Location, Location

This beautiful graphic from Doorsteps simply demonstrates what homebuyers are willing to compromise:

Not much has changed over the past couple years – homebuyers still refuse to compromise on schools, and remain willing to compromise on home price and size. I’ve had buyers choose to buy homes that are bigger than they wanted, smaller than they wanted – they’ve taken on more of a “project” house than they intended or even bought a home that was on a smaller or larger or inferior lot than they had wanted

But rarely, if ever have I had a client buy a home in a school district that was not on one of their top two desired school districts. (have I mentioned before that school quality matters?)

As a note, how you present information matters. Simple and beautiful wins.

As a second note, I’ve been trying to winnow down the number of RSS feeds I read; Doorsteps is the first feed I’ve added in a while.

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  1. Simon Campbell March 19, 2013 at 07:42

    Nice graphic. In these days location = school district, at least to anyone with a family or one on the way. This is a good indicator to listing agents to make sure they include data on the school system (or at least a link to the data) for each of their listings. This will help buyers to compare school districts if they haven’t already.

    1. Jim Duncan March 19, 2013 at 08:23

      Agreed. And it’s a reason that homeowners and residents should take note that school quality and reputation matters more than almost anything else when buyers are making their purchasing decisions.

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  6. Elizabeth June 16, 2016 at 08:10

    Any update or thoughts with regards to Crozet/Brownsville Elementary re-zoning? Any information would be greatly appreciated.

    1. Jim Duncan June 16, 2016 at 10:23

      Not recently … It needs to happen, (IMHO), but won’t for some time due to the irrational and vocal opponents. 🙂

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