Denver Realtor Reviews: How much do schools affect home prices in Denver?

Should home buyers in Denver care about schools? What about home buyers without kids? How much do schools affect home prices in Denver? Where are the best schools in Denver?

Denver Realtor Reviews: Realtor.com analyzes the importance of schools and home prices.

This Realtor.com article gives a great breakdown of the correlation between real estate prices and quality of shools.

http://www.realtor.com/advice/buy/the-right-school-district-how-much-do-schools-affect-real-estate-prices/

The Realtor.com article points out:

Consumers are willing to sacrifice certain things to live in the right school district. Some of Realtor.com’s survey results were surprising: One out of five buyers would give up a bedroom or a garage for a better school. One out of three would buy a smaller home. A full 51 percent would give up shopping for schools (maybe just the male half of the respondents).

Buyers are also willing to put their money where their mouths are. One out of five home buyers said they would pay 6 to 10 percent above their budget for the right school. One out of 10 would double that to 20 percent. Considering that number could be $100,000 in a lot of markets, it makes one wonder: How much investment in a school district is appropriate?

Denver Realtor Reviews: where are the best schools in and around Denver?

Where are the best schools in and around Denver?There are many opinions about which schools are the best schools and which school districts are the best school districts in and around Denver. I prefer to focus on elementary schools. In my experience, people make most of their moves to get into a sought after elementary school. And many times highly sought after elementary schools feed into highly sought after middle and high schools. There are 2 websites that I am aware of that rate schools in Denver and Colorado.

  1. ColoradoSchoolGrades.com
  2. GreatSchools.org

I do not believe the quality of schools is completely reflected in these websites. And I believe kids are different, can thrive and receive great educations in a variety of atmospheres, and have a variety of need. I think there are great faculty and teachers at many schools that are not at the top of the list. And if kids have special needs they may not find the best fit at highly rated schools. But we are not talking about the actual quality of schools or the actual education of our kids. What we care about for the purpose of this article is following the herd to maximize our real estate investment.

I used the following A rated elementary schools from ColoradSchoolGrades.com for this analysis. You can modify a personal search of homes for sale that list one of these A rated elementary schools as their default school here.

School Grade Rank Distance Address
HULSTROM OPTIONS K-8 SCHOOLElementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
16.71 miles 11551 WYCO DRIVE
NORTHGLENN, CO 80233
(720) 972-2540
PARMALEE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 13 of 1101
Elementary Schools
18.67 miles 4460 S PARMALEE GULCH
INDIAN HILLS, CO 80454
(303) 982-2801
BERGEN VALLEY INTERMEDIATE SCHOOLElementary
3rd Grade – 5th Grade
A+ 1 of 1101
Elementary Schools
23.65 miles 1422 SUGARBUSH DRIVE
EVERGREEN, CO 80439
(303) 982-2496
WILLOW CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 19 of 1101
Elementary Schools
6.60 miles 7855 SOUTH WILLOW WAY
CENTENNIAL, CO 80112
(720) 554-4390
BRADFORD INTERMEDIATE SCHOOLElementary
4th Grade – 6th Grade
A+ 14 of 1101
Elementary Schools
15.04 miles 2 WOODRUFF
LITTLETON, CO 80127
(303) 982-2488
DRY CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
5.97 miles 7686 EAST HINSDALE AVENUE
ENGLEWOOD, CO 80112
(720) 554-4330
REDSTONE ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A+ 14 of 1101
Elementary Schools
9.26 miles 9970 GLENSTONE CIRCLE
HIGHLANDS RANCH, CO 80130
(303) 387-7730
PLATTE RIVER CHARTER ACADEMYElementary
Kindergarten – 8th Grade
A+ 14 of 1101
Elementary Schools
8.37 miles 4085 LARK SPARROW ST.
HIGHLANDS RANCH, CO 80126
(303) 221-1107
AURORA QUEST K-8Elementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
4.55 miles 472 SOUTH WHEELING ST
AURORA, CO 80012
(303) 343-3366
BELLEVIEW ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 19 of 1101
Elementary Schools
3.20 miles 4851 SOUTH DAYTON STREET
GREENWOOD VILLAGE, CO 80111
(720) 554-4310
DENNISON ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A+ 21 of 1101
Elementary Schools
11.24 miles 401 INDEPENDENCE STREET
LAKEWOOD, CO 80226
(303) 982-2638
HERITAGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
5.00 miles 6867 EAST HERITAGE PLACE SOUTH
CENTENNIAL, CO 80111
(720) 554-4350
SUPERIOR ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 12 of 1101
Elementary Schools
22.90 miles 1800 SOUTH INDIANA ST.
SUPERIOR, CO 80027
(720) 561-1410
PARKER CORE KNOWLEDGE CHARTER SCHOOLElementary
Kindergarten – 8th Grade
A+ 1 of 1101
Elementary Schools
13.16 miles 1161 NORTH PINE DRIVE
PARKER, CO 80138
(303) 840-0707
STECK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 1 of 1101
Elementary Schools
4.10 miles 450 NORTH ALBION STREET
DENVER, CO 80220
(720) 424-4387
MARSHDALE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 14 of 1101
Elementary Schools
21.83 miles 26663 NORTH TURKEY CREEK ROAD
EVERGREEN, CO 80439
(303) 982-2518
SWIGERT INTERNATIONAL SCHOOLElementary
PK – 4th Grade
A+ 1 of 1101
Elementary Schools
6.66 miles 3480 SYRACUSE STREET
DENVER, CO 80207
(720) 424-4480
MEIKLEJOHN ELEMENTARYElementary
PK – 6th Grade
A+ 14 of 1101
Elementary Schools
17.93 miles 13405 W 83RD PL
ARVADA, CO 80005
(303) 982-2569
CHERRY HILLS VILLAGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A+ 11 of 1101
Elementary Schools
3.55 miles 2400 EAST QUINCY AVENUE
CHERRY HILLS VILLAGE, CO 80110
(720) 747-7270
POLARIS AT EBERT ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A+ 21 of 1101
Elementary Schools
6.91 miles 410 PARK AVENUE WEST
DENVER, CO 80205
(720) 424-4786
VANDERHOOF ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 74 of 1101
Elementary Schools
15.00 miles 5875 ROUTT COURT
ARVADA, CO 80004
(303) 982-2274
RUNYON ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 57 of 1101
Elementary Schools
7.54 miles 7455 SOUTH ELATI STREET
LITTLETON, CO 80120
(303) 347-7465
UTE MEADOWS ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 23 of 1101
Elementary Schools
12.88 miles 11050 WEST MEADOWS DRIVE
LITTLETON, CO 80127
(303) 982-2404
SADDLE RANCH ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
10.64 miles 805 WEST ENGLISH SPARROW TRAIL
HIGHLANDS RANCH, CO 80129
(303) 387-7640
CHERRY CREEK CHARTER ACADEMYElementary
Kindergarten – 8th Grade
A 39 of 1101
Elementary Schools
4.78 miles 6260 SOUTH DAYTON STREET
GREENWOOD VILLAGE, CO 80111
(303) 779-9898
CORY ELEMENTARY SCHOOLElementary
1st Grade – 5th Grade
A 27 of 1101
Elementary Schools
2.72 miles 1550 SOUTH STEELE STREET
DENVER, CO 80210
(720) 424-4838
WARDER ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
15.37 miles 7840 CARR DRIVE
ARVADA, CO 80005
(303) 982-2095
BUFFALO RIDGE ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 39 of 1101
Elementary Schools
14.04 miles 7075 NORTH SHOREHAM DRIVE
CASTLE ROCK, CO 80108
(303) 387-7557
SANDBURG ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 71 of 1101
Elementary Schools
5.91 miles 6900 SOUTH ELIZABETH STREET
CENTENNIAL, CO 80122
(303) 347-7467
COTTONWOOD CREEK ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 31 of 1101
Elementary Schools
4.78 miles 11200 EAST ORCHARD AVENUE
ENGLEWOOD, CO 80111
(720) 554-4320
FRANKLIN ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 38 of 1101
Elementary Schools
5.85 miles 1603 EAST EUCLID AVE
CENTENNIAL, CO 80121
(303) 347-7450
COTTON CREEK ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 58 of 1101
Elementary Schools
15.12 miles 11100 VRAIN STREET
WESTMINSTER, CO 80030
(720) 972-2534
SLAVENS K-8 SCHOOLElementary
PK – 8th Grade
A 48 of 1101
Elementary Schools
2.69 miles 3000 SOUTH CLAYTON STREET
DENVER, CO 80210
(720) 424-4415
BROMWELL ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 29 of 1101
Elementary Schools
4.62 miles 2500 EAST 4TH AVENUE
DENVER, CO 80206
(720) 424-4933
ELDORADO K-8 SCHOOLElementary
Kindergarten – 8th Grade
A 23 of 1101
Elementary Schools
22.05 miles 3351 SOUTH INDIANA STREET
SUPERIOR, CO 80027
(720) 561-1440
BRADLEY INTERNATIONAL SCHOOLElementary
PK – 5th Grade
A 81 of 1101
Elementary Schools
1.30 miles 3051 SOUTH ELM STREET
DENVER, CO 80222
(720) 424-4946
DEVINNY ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 28 of 1101
Elementary Schools
12.37 miles 1725 SOUTH WRIGHT STREET
LAKEWOOD, CO 80228
(303) 982-2920
PECK ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 49 of 1101
Elementary Schools
14.09 miles 6495 CARR STREET
ARVADA, CO 80004
(303) 982-2059
WILLIAM (BILL) ROBERTS K-8 SCHOOLElementary
PK – 8th Grade
A 61 of 1101
Elementary Schools
5.64 miles 2100 AKRON WAY
DENVER, CO 80238
(720) 424-4264
LINCOLN ELEMENTARY SCHOOLElementary
PK – 6th Grade
A 78 of 1101
Elementary Schools
4.70 miles 710 SOUTH PENNSYLVANIA STREET
DENVER, CO 80209
(720) 424-4599
WEST WOODS ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
18.51 miles 16650 WEST 72ND AVENUE
ARVADA, CO 80007
(303) 982-2564
WILDER ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 50 of 1101
Elementary Schools
8.58 miles 4300 WEST PONDS CIRCLE
LITTLETON, CO 80123
(303) 347-7475
NORTHRIDGE ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A 70 of 1101
Elementary Schools
8.87 miles 555 SOUTH PARK ROAD
HIGHLANDS RANCH, CO 80126
(303) 387-7652
PEAKVIEW ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 60 of 1101
Elementary Schools
8.34 miles 19451 EAST PROGRESS CIRCLE
CENTENNIAL, CO 80015
(720) 886-6310
MITCHELL ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A 55 of 1101
Elementary Schools
18.52 miles 200 RUBEY DRIVE
GOLDEN, CO 80403
(303) 982-2587
LONE TREE ELEMENTARYElementary
Kindergarten – 6th Grade
A 61 of 1101
Elementary Schools
9.13 miles 9375 HERITAGE HILLS CIRCLE
LONE TREE, CO 80124
(303) 387-7025
COYOTE HILLS ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 80 of 1101
Elementary Schools
12.10 miles 24605 E DAVIES WAY
AURORA, CO 80016
(720) 886-6390
GREENWOOD ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 61 of 1101
Elementary Schools
3.73 miles 5550 SOUTH HOLLY STREET
GREENWOOD VILLAGE, CO 80111
(720) 554-4340
PINE RIDGE ELEMENTARY SCHOOLElementary
PK – 5th Grade
A 61 of 1101
Elementary Schools
12.22 miles 6525 S. WHEATLANDS PARKWAY
AURORA, CO 80016
(720) 886-6880
CHEROKEE TRAIL ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 94 of 1101
Elementary Schools
11.70 miles 17302 CLARKE FARMS DRIVE
PARKER, CO 80134
(303) 387-7812
PROSPECT VALLEY ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 85 of 1101
Elementary Schools
13.24 miles 3400 PIERSON STREET
WHEAT RIDGE, CO 80033
(303) 982-2753
ACADEMY CHARTER SCHOOLElementary
Kindergarten – 9th Grade
A- 83 of 1101
Elementary Schools
19.70 miles 1551 PRAIRIE HAWK DRIVE
CASTLE ROCK, CO 80104
(303) 660-0488
LOIS LENSKI ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 94 of 1101
Elementary Schools
4.83 miles 6350 SOUTH FAIRFAX WAY
CENTENNIAL, CO 80121
(303) 347-7457
DENVER LANGUAGE SCHOOLElementary
Kindergarten – 5th Grade
A- 91 of 1101
Elementary Schools
3.79 miles 451 NEWPORT STREET
DENVER, CO 80220
(303) 468-8322
MOUNTAIN VIEW ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 101 of 1101
Elementary Schools
19.03 miles 12401 PERRY STREET
BROOMFIELD, CO 80020
(720) 972-2552
GOVERNOR’S RANCH ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 94 of 1101
Elementary Schools
10.83 miles 5354 SOUTH FIELD STREET
LITTLETON, CO 80123
(303) 982-2462
GREEN GABLES ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 90 of 1101
Elementary Schools
10.04 miles 8701 WEST WOODARD DRIVE
LAKEWOOD, CO 80227
(303) 982-2831
FAIRMOUNT ELEMENTARY SCHOOLElementary
Kindergarten – 6th Grade
A- 85 of 1101
Elementary Schools
16.64 miles 15975 WEST 50TH AVENUE
GOLDEN, CO 80403
(303) 982-2542
WESTRIDGE ELEMENTARY SCHOOLElementary
PK – 6th Grade
A- 85 of 1101
Elementary Schools
11.96 miles 10785 WEST ALAMO PLACE
LITTLETON, CO 80127
(303) 982-2397
PRAIRIE HILLS ELEMENTARY SCHOOLElementary
Kindergarten – 5th Grade
A- 93 of 1101
Elementary Schools
19.31 miles 13801 GARFIELD PLACE
THORNTON, CO 80602
(720) 972-2878

Denver Realtor Reviews: do homes that go to “good” schools in and around Denver cost more than average?

  • In 2015 the average home price was $515,557 for homes with “good” schools vs $360,125 for the MLS homes in the same region. That is a difference of 43%.
  • In 2015 the median home price was $425,500 for homes with “good” schools vs $310,000 for the MLS homes in the same region. That is a difference of 37%.

But maybe that number is skewed by the size of the homes selling with “good” schools. What is the difference in price per square foot?

  • In 2015 the average price per total square foot was $233 for homes with “good” schools vs $174 per total square foot for the MLS homes in the same region. That is a difference of 34%.

So homes with “good” schools are worth more, that is no surprise. They will cost more to purchase and will earn more when you sell. Do the prices of homes with “good” schools appreciate faster?

Denver Realtor Reviews: do the prices of homes with “good” schools appreciate faster?

The median price of homes with “good” schools increased from $384,000 in 2014 to $425,000 in 2015. That is an increase in the median price of 11%. The average price of homes with “good schools increased from $482,213 in 2014 to $514,487 in 2015. That is an increase in the average price of homes with “good” schools of 7%.

The median price of homes in the MLS region increased from $274,000 in 2014 to $310,000 in 2015. That is an increase of 13%. The average price of homes in the MLS region increased from $324,021 in 2014 to $359,577 in 2015. That is an increase of 11%.

In the last year at least, it is interest to find that homes with “good” schools in and around Denver appreciated slower that MLS homes in the same region.

Homes for sale that list one of these A rated elementary schools as their default school.

Modify a personal search of homes for sale that list one of these A rated elementary schools as their default school here.

The most recent listings of homes for sale that list one of these A rated elementary schools as their default school are below.

 

New To Site
$559,900
MLS# 7422082
Active
26114 E Peakview Pl
Aurora, CO 80016
3 BR | 3 BA | 3,451 Sqft | Detached Single Family
Professionally Landscaped home on quite corner lot with a large back patio for grilling, gas firepit to gather around for the cool evenings. Enjoy the soothing sounds from the backyard waterfall in this mountain like setting. The low fee i (more...)
COLDWELL BANKER RESIDENTIAL 18
New To Site
$1,795,000
MLS# 7298755
Active
4203 S Bellaire Cir
Cherry Hills Village, CO 80113
5 BR | 4 BA | 5,508 Sqft | Detached Single Family
Highly sought after, walk-out ranch in Cherrydale neighborhood. Don’t miss this home’s newly remodeled kitchen, hearth room and dining room featuring Thermador appliances, Ann Sachs tile backsplash, double-slab quartz island, wa (more...)
RE/MAX ALLIANCE
New To Site
$549,900
MLS# 4563227
Active
8230 S Ogden Cir
Littleton, CO 80122
5 BR | 4 BA | 3,227 Sqft | Detached Single Family
Fantastic Location! Multi-level home 5 large bedrooms, 4 bathrooms! Corner Lot, backs and sides to community open space. Front deck and fenced back yard provide additional usable space. Kitchen has been completely updated with charcoal-blac (more...)
Colorado Flat Fee Realty Inc
New To Site
$689,900
MLS# 8451568
Active
10102 Brady Pl
Highlands Ranch, CO 80130
5 BR | 4 BA | 4,169 Sqft | Detached Single Family
This Gorgeous home is an amazing opportunity in Eastridge Pointe! Located at the end of a cu-de-sac, backs to an open space, walking distance to schools, parks and shopping, easy access to highways, DTC and malls. The interior has been rece (more...)
Keller Williams Realty Success
New To Site
$498,000
MLS# 2391991
Active
10668 Riverbrook Cir
Highlands Ranch, CO 80126
3 BR | 3 BA | 2,888 Sqft | Detached Single Family
This home is beautiful! Open layout with upgrades throughout. 3 bedrooms, 3 bathrooms, and a master retreat. Plantation shutters. Nice kitchen with an island, granite counter tops, stainless steel appliances, and upgraded 42 inch maple cabi (more...)
RE/MAX Alliance
New To Site
$839,000
MLS# 1798466
Active
816 Meadow Run
Golden, CO 80403
5 BR | 3 BA | 3,056 Sqft | Detached Single Family
You'll love coming home to this idyllic mountain contemporary in Golden's sought after Meadow Run neighborhood of just 24 homes. Enjoy miles of biking and hiking trails at your doorstep, while you luxuriate in easy living with low HOA fees (more...)
RE/MAX ALLIANCE
New To Site
$418,000
MLS# 9831516
Active
7880 S Windermere Cir
Littleton, CO 80120
3 BR | 2 BA | 2,101 Sqft | Detached Single Family
This beautiful Southbridge home is conveniently located near the Highline Canal trail system, grocery stores and is in the Littleton School District. Beautiful large backyard, with sprinkler system and a lot measuring over 8500 square feet. (more...)
COLDWELL BANKER RESIDENTIAL 24
New To Site
$366,000
MLS# 2752245
Active
825 Crisman Dr, Unit 105
Longmont, CO 80501
3 BR | 4 BA | 1,686 Sqft | Attached Single Family
Upscale units integrate modern design inside and out! Features include a large up yard patio with mountain views, hardwood floors, granite counter tops, stainless steel appliances, open floor plan and balcony. 2 master bedrooms each have (more...)
HomeSmart Realty Group of Colorado
New To Site
$435,000
MLS# 4013180
Active
10234 Spotted Owl Ave
Highlands Ranch, CO 80129
4 BR | 3 BA | 2,153 Sqft | Detached Single Family
Wonderfully remodeled and updated ranch home in Highlands Ranch. Hurry out to see this one..they don't last long! Master bedroom and additional bed or study on the main level with an another two beds and bath in the finished basement. Gr (more...)
HomeSmart Cherry Creek
New To Site
$428,000
MLS# 2383552
Active
4488 E Lake Circle S
Centennial, CO 80121
3 BR | 3 BA | 2,236 Sqft | Detached Single Family
This Lovely Tri-Level with Basement is nestled in Ridgeview Hills near Southglenn. Upon entering this home you are greeted with a light and bright floor plan with brilliant soaring ceilings and plantation shutters in the main living room. D (more...)
Colorado Home Realty
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Brokers Guild are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: April 21, 2019 21:00 MST Service by Buying Buddy IDX CRM

 


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