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Most places, the areas with the "10/10" public schools cost more to live in, between property taxes and higher purchase prices for houses (because the schools a
by ashark 11y ago
Most places, the areas with the "10/10" public schools cost more to live in, between property taxes and higher purchase prices for houses (because the schools are good, so demand is high). They may also be farther from where the jobs are (more often than not, I'd guess), unless you want to pay even more for both prime location and good schools, assuming such a thing even exists where you live. Higher transportation costs, more time commuting.
You pay either way. Picking the nicer location is probably cheaper, but I wouldn't bet on that always being the case. It's difficult to quantify the costs of location to compare the two.
- __abc 11y agoI am probably an outlier here, but I stalked my neighborhood and pounced on a house that was WAY on the low end for the area thus in my budget and literally has lowest prop taxes. My ONLY point being, my family wanted a house sooner, but we waited, and waited, and waited it out to find one that met our financial needs in the area we wanted. IF you do that (knowing it the stars may not line up) it's incredibly helpful.