Happy August!
In less than two weeks, it's 'back-to-school' time!
Whether or not you have children, schools are the #1 driver of home values. School competitive rankings are a measurable part of the real estate cliché “Location, Location, Location!” We are accustomed to seeing the rankings of Exemplary, Recognized, Acceptable and Unacceptable. Those terms no longer apply.
The newly overhauled accountability rating system is different from previous comparisons. Now there are three possible ratings: Met Standard, Improvement Needed and Not Rated. There are also three outstanding achievement designations that an individual school can receive: Top 25% Student Progress, Academic Achievement in Reading/English Language Arts (ELA) and Academic Achievement in Mathematics.
State 75% TAKS, 976 SAT
Austin 73% TAKS, 1014 SAT
Bastrop 67% TAKS, 942 SAT
Dripping Springs 90% TAKS, 1142 SAT
Eanes 95% TAKS, 1214 SAT
Georgetown 83% TAKS, 1042 SAT
Lago Vista 89% TAKS, 1026 SAT
Lake Travis 93% TAKS, 1117 SAT
Leander 84% TAKS, 1070 SAT
Liberty Hill 82% TAKS, 1058 SAT
Manor 60% TAKS, 847 SAT
Pflugerville 73% TAKS, 989 SAT
Round Rock 84% TAKS, 1091 SAT
Wimberley 83% TAKS, 1083 SAT
Keep a watchful eye on the schools in your area. Quality education matters not only as investment in our children, but it's also a prime indicator of a home’s resale potential. Look up your local elementary, middle and high school to see how your neighborhood's doing…even if you're child-free.
Enjoy the rest of summer, and if you're curious about home values in your neighborhood give us a call!
Gail Boston